$1.48B in Bitcoin options expire on Friday — Will BTC hold $22K?

by webwriter | Jan 25, 2023 | Bitcoin News

Bitcoin investors’ sentiment improved after signals pointing to lower inflationary pressure suggested that the U.S. Federal Reserve could soon move away from its interest rate increase and quantitative tightening. Commonly known as a pivot, the trend change...

UK mulls crypto legislation in first parliamentary debate on crypto in 2023

by webwriter | Jan 25, 2023 | Ethereum News

Uk lawmakers held a parliamentary debate on cryptocurrency and regulation on Jan. 25, but while lawmakers were quick to point out gaps in current regulation, relatively few details were given as to what regulation may actually look like. In a preamble to the debate...

Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says

by webwriter | Jan 25, 2023 | Crypto Updates

The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto...

Bitcoin faces ‘considerable danger’ from Fed in 2023 — Lyn Alden

by webwriter | Jan 25, 2023 | Bitcoin News

Bitcoin (BTC) still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action.That is according to economist Lyn Alden, who in private comments to Cointelegraph cautioned on Bitcoin staying bullish after its January gains.Alden: BTC price...

Celsius may restructure and issue new token

by webwriter | Jan 25, 2023 | Ethereum News

Bankrupt crypto lender Celsius could soon restructure and issue a cryptocurrency token to compensate users, according to a report from Bloomberg on Jan. 24.During a court hearing, Celsius attorney Ross M. Kwasteniet said the company could be reorganized into a...