Study Reveals Central Banks' Decreased US Dollar Holdings and Growing Chinese Yuan ExposureAccording to a study by a prominent $1.5 trillion asset management firm, central banks are actively reducing their U.S. dollar reserves and aiming to boost their holdings of the Chinese yuan. Geopolitical unce

1. Market TrendBetween July 6 and July 9, the BTC price fluctuated between $29,701.02 and $31,500.00, with a volatility of 6.05%. Based on the 1-hour candle chart, starting from 1:00 PM on July 6, there was a new round of upward trend, reaching a high point of $31,500 (as mentioned in the previous a

The introduction of the Markets in Crypto-Assets (MiCA) legislation in the European Union, which includes a daily transaction cap of $216 million on stablecoins like USDT and USDC, has raised concerns about stifling cryptocurrency adoption. Some experts argue that these caps could hinder the use of

His comments in May that he was not an investor in Bitcoin disagree with the most current investment declaration.Source: news.bitcoin.comContrary to his earlier assertion that he was not an investor in the most popular cryptocurrency, Robert F. Kennedy Jr. has up to $250,000 in Bitcoin. Kennedy Jr.

Bitcoin Mining Difficulty Poised to Skyrocket: Anticipating Unprecedented Surge, Nullifying Recent DecreaseThe upcoming Bitcoin difficulty adjustment is expected to increase by approximately 4.74% to 7.7%, negating the previous 3.26% decrease. On July 8, the network hashrate hit a new 24-hour peak o

Economist Peter Schiff recently expressed his concern that the Federal Reserve has failed to control inflation and warned that it is likely to worsen. Despite recent rallies in the Nasdaq, S&P 500, and Dow Jones, Schiff believes these are bear market rallies, indicating that the markets have yet

An increase in BTC transferred to exchange suggests that the trend may be slowing. Bitcoin mining stocks have been on a triple-digit decline in 2023.Source: www.toptal.comIn the midst of the current positive price movement in the leading cryptocurrency, Bitcoin mining businesses exceeded price by a

Progressing Towards an All-in-One 'Everything App': Expanding Licenses Across Three StatesTwitter has obtained money transmitter licenses in Missouri, Michigan, and New Hampshire, as part of its goal to acquire licenses in all 50 U.S. states. With these recent approvals, Twitter can now operate as a

1. Market TrendBetween July 3 and July 5, the BTC price fluctuated between $30,200 and $31,126, with a volatility of 3.06%. Based on the 1-hour candle chart, BTC formed a consolidation pattern, indicating an upcoming trend. In the early morning of July 4, the BTC price surged to $31,000 but couldn’t

The CEO of BlackRock, Larry Fink, recently expressed positive sentiments about cryptocurrency and highlighted the potential benefits of a spot Bitcoin exchange-traded fund (ETF). Fink referred to cryptocurrency as a means of "digitizing gold" and suggested that a Bitcoin ETF could democratize financ