Crypto News
Bitcoin Technical Analysis: Oscillators and Averages Point to a Market at Crossroads
As bitcoin navigates through the volatile waves of the crypto market, its price on Feb. 21, 2024, reflects a complex interplay of market dynamics. Oscillating between $50,820 and $52,902 within a 24-hour frame, the leading digital currency continues to showcase significant trading activity. With a market capitalization over the $1 trillion mark, bitcoin traders areSource link
First Mover Americas: VanEck’s ETF Volume Surges, Fairshake Raises Another $5M
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source link
Commodities Slump on China’s Economic Headwinds
Commodity prices dropped 9% amid China's economic woes affecting demand, including COVID-19 and property sector issues. Crude oil prices fell sharply. Despite a positive long-term outlook, short-term risks remain. (Read More)Source link
Hong Kong Doubles Down on Stablecoin, OTC Rules Promise
Public consultations on stablecoins and over-the-counter trading are already in progress.Source link
Switzerland’s Postfinance Launches Crypto Trading and Custody Service
Swiss Post’s financial subsidiary, Postfinance, has launched a new cryptocurrency trading and custody service. Customers can use the service to “purchase or securely store an initial range of 11 cryptocurrencies at the click of a mouse or even set up a crypto saving plan,” the company explained. Postfinance’s New Crypto Service Swiss Post’s fully-owned financialSource link