Crypto News

Immutable (IMX)’s Record-Breaking Growth and Strategic Partnerships in June 2024

Immutable (IMX) experiences record-breaking growth and significant partnerships in June 2024, including a major migration of NetMarble's MARBLEX platform. (Read More)Source link

Unveiling Moving Averages: Essential Tools for Bitcoin Trading

Just like oscillators, moving averages (MAs) are indispensable tools in technical analysis, providing traders with insights into price trends and potential market reversals. In this learning and insights article, we’ll delve into the history, types, and application of moving averages leveraged in bitcoin trading, highlighting their significance and utility in the crypto market. The HistorySource link

Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan

Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making wider use of national currencies for mutual settlements,” Putin stated, adding that over 80% of commercial transactions between Russia and the People’s Republic of ChinaSource link

Jack Dorsey Envisions Bitcoin Replacing US Dollar — Foresees BTC Reaching $1 Million

Billionaire Jack Dorsey foresees a future where bitcoin could supplant the U.S. dollar as the dominant global currency. He envisions a scenario where bitcoin’s value could soar to $1 million by 2030. Highlighting the cryptocurrency’s decentralized nature, Dorsey underscores its potential to democratize financial systems and reduce reliance on traditional banking institutions. Jack Dorsey AnticipatesSource link

Germany’s Bitcoin Wallet Dips Below 40,000 BTC After Weekend Transfer

Germany has divested 1,400 bitcoin from its government reserves, reducing the total from 41,226 BTC to 39,826 BTC. Meanwhile, bitcoin has declined 1.7% against the U.S. dollar over the past 24 hours, hovering just above the $57,000 mark. Germany Reduces Bitcoin Holdings to 39,826 Bitcoin This weekend, the German government’s wallet transferred another 1,400 BTC,Source link