Crypto News
Bitcoin’s Meteoric Rise Makes Everything Else Look Like ‘Junk,’ Trader Says
Bitcoin's Relative Strength Index is now above 79, a place it hasn't been since the bull market of late 2021.Source link
Australian Securities Regulator Appeals Federal Court Ruling Favoring Finder Wallet
The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022, just days after Finder Wallet withdrew its Earn product. Product Finder Lacked the Necessary License or Authorization The AustralianSource link
Circle Integrates zkSync for USD Coin
Circle has integrated Ethereum's zero-knowledge layer-2 solution zkSync into its native stablecoin, USD Coin, enhancing transaction processing speed and preserving Ethereum's foundational values, thereby expanding its availability in the Ethereum layer-2 ecosystem. (Read More)Source link
Bitcoin is Pricing in Two Fed Rate Cuts For 2024, Trader Says
Bitcoin is stable as Asia begins its trading day, but crypto quant shop sees risk assets pricing in two, not three rate cuts.Source link
Russian Central Bank Chief: Mass Adoption of Digital Ruble Expected in 5 to 7 Years
Elvira Nabiullina, head of the Russian central bank, has stated that the mass launch of the digital ruble will take five to seven years. This appears to contradict recent suggestions by the chairman of the State Duma Committee on the Financial Market that the launch will begin next year. No Decision Before 2025 Elvira Nabiullina,Source link