Crypto News
Bitcoin Technical Analysis: A Breakout Above $96K Could Signal a New Rally
Bitcoin’s price fluctuates between $93,607 and $94,026 over the past hour, reflecting a market capitalization of $1.86 trillion. With a 24-hour trading volume of $63.28 billion and an intraday range spanning $91,215 to $95,098, bitcoin finds itself at a pivotal juncture. Bitcoin The daily chart illustrates bitcoin consolidating near its support band of $91,000 toSource link
Bhutan’s Crypto Reserve Could Pave Way for Economic Growth in Other Countries
Bhutan, a small country in South Asia, is making big waves in the crypto world.The Kingdom, which populates roughly 770,000 people and lies between India, China and Nepal, just made headlines after one of its cities adopted a crypto reserve strategy. This includes bitcoin (BTC), ethereum (ETH), and Binance’s BNB token (BNB).El Salvador has previously made bitcoin part of the country’s national reserve and several other countries, including the United States, are considering taking similar measures to strengthen its already robust economy.But Bhutan could set an example for smaller countries, where making crypto part of their national reserve strategy could have an enormous economic impact.“They are coming out guns loaded to show the world what’s possible in the digital asset...
Just 0.4% of Pump.fun Traders Have Made More Than $10,000 on Solana Meme Coins
Pump.fun has made just 294 millionaires so far, with just 0.4% of wallets profiting $10,000 on meme coins.Source link
Kenya Prepares to Legalize Cryptocurrencies in Policy Shift: Report
Kenya’s Treasury Cabinet Secretary John Mbadi has said the country is preparing legislation to legalize cryptocurrencies, a shift from the government’s previous warnings against the industry."The emergence and growth of Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs) have given rise to innovations in the local and international financial system with dynamic opportunities and challenges," Mbadi said according to local news outlet The Standard.Mbadi stressed a need for a regulatory framework to both capitalize on the potential benefits of the industry while mitigating the risks posed by money laundering, terrorism financing and fraud.“The Government of Kenya is committed to creating the necessary legal and regulatory framework in order to leverage opportunities presented by VAs and VASPs while managing the...
VerifiedX Releases VFX SwitchBlade Wallet Featuring First-Mover Bitcoin Utility at BitMart
PRESS RELEASE. The VerifiedX (VFX) Network, VerifiedX.io, has launched its mainnet non-custodial wallet VFX SwitchBlade, which enables full native Bitcoin functionality. The VFX SwitchBlade also supports a ‘first-mover’ fully decentralized and self custodial Bitcoin Tokenization (Verified Bitcoin) with on-chain native features, enabling real day-to-day utility, while solving current frictions for all Bitcoiners globally today. VerifiedSource link