Crypto News

In a note released last week, Bank of America insisted that there is a path for gold to reach $4,000 in the next 12 months, given the geopolitical instability and the low exposure of investors to the yellow metal. Other institutions also have positive expectations for the evolution of gold prices. Bank of America: GoldSource link

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.A key indicator suggests that bitcoin's BTC price could soon become more volatile, possibly leading to the next leg higher in the cryptocurrency.This indicator is based on the gap between the bollinger bands, which are volatility bands placed two standard deviations above and below the 20-week simple moving average of the cryptocurrency's price.When the gap widens, it indicates that the market is more active and volatile – a phenomenon historically observed ahead of significant upward moves in BTC. When the gap narrows, it indicates less activity.The gap, also known as the bollinger band spread, could soon widen in a positive sign for the bulls, as the...

The new law ends regulatory limbo for crypto while establishing massive incentives for semiconductors, AI, and digital startups.Source link

The European Central Bank is racing toward the launch of a digital euro, driven by surging consumer demand and the need to unify Europe’s digital payment landscape. ECB Close to Digital Euro Launch to Meet Consumer Demand, Maintain Cash and Digital Balance European Central Bank (ECB) President Christine Lagarde confirmed on June 12 during anSource link

Trump has reported over $600 million in income from crypto, golf clubs, and licensing ventures in his latest federal financial disclosure.Source link