First Mover: Bitcoin’s Best Week Since July Shows Limited Toll of UK Retail C...

First Mover: Bitcoin’s Best Week Since July Shows Limited Toll of UK Retail C...

Bitcoin holds above $11K after biggest weekly gain since July, despite FCA ban on retail crypto futures trading and inventory drawdowns by miners.


Related News

First Mover: Bitcoin’s Plunge to $31K Shows How Bullish Market Had Become

It's anybody's guess where cryptocurrency markets might end 2021, but so far all signs point to further gains.

First Mover: Bitcoin’s Failure to Break $20K Shows Big Investors Only Just Ar...

Institutional adoption is the buzzword du jour, probably a factor in bitcoin's price rally close to $20,000, and not even really happening yet.  

Biggest Movers: XTZ Nears 3-Week High, UNI Remains Close to 2-Month High

XTZ was a notable mover in the crypto top 100 on Monday, as prices rose towards a three-week high to start the week. Prices collided with a key resistance level during the move, and this came as UNI continued to trade above a ceiling of its own. Tezos (XTZ) XTZ was a notable mover to start the week, as prices rose towards a three-week high during Monday’s session. Following a low of $1.54 during yesterday’s session, XTZ/USD rose to an intraday peak of $1.68 earlier today. This surge in price saw the token collide with a key resistance level at....

First Mover: Bitcoin’s Latest Sell-Off Gets Crypto Traders Mulling Election C...

Monday's sell-off shows bitcoin is likely to trade off with risky assets like stocks if U.S. election chaos sends markets into a fresh downdraft.

The Bank of Thailand to pilot Retail CBDC by the end of 2022

The Retail CBDC will be tested in a limited retail environment with 10,000 participants and three major banks. On top of its wholesale central bank digital currency (CBDC) projects and proof-of-concept Retail CBDC testing with corporates, the Bank of Thailand (BOT) will extend the scope of CBDC development aimed at retail to a pilot phase. A possible real-life application of the "Retail CBDC" will be conducted inside the private sector on a limited scale. As the Aug. 5 announcement on the official page of the BOT goes:“The BOT will assess the benefits and associated risks from the Pilot to....