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Introduction China and Singapore have joined forces to launch a pilot program that allows tourists from both countries to use China's central bank digital currency, the digital yuan, for their purchases. This collaboration aims to enhance convenience and provide a seamless experience for travelers during their overseas trips. Expanding Financial Cooperation The Monetary Authority of […]

Introduction Several U.S. lawmakers have recently introduced a bipartisan bill aimed at cracking down on terrorist organizations and addressing emerging threats involving digital assets. The bill proposes applying sanctions to foreign entities, including cryptocurrency platforms, that facilitate financial transactions for terrorists. The legislators also aim to provide the Treasury Department with additional resources to counter

Gold Hits Record High, Yet Bitcoin Steals the Spotlight With Stellar 2023 Surge Gold achieved a record high of $2,117 per troy ounce on Dec. 3, 2023. However, despite this unprecedented peak, its price per ounce has decreased by 5.33% in the previous week. In contrast, bitcoin, the leading crypto asset in terms of market

Asset management firm Vaneck has revealed its 15 crypto predictions for 2024. These predictions cover a wide range of topics, including the arrival of the US recession, the approval of spot bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC), and an anticipated historic rally for bitcoin, which could be influenced by political

Bitcoin's value surged by over 14% in the last week, while Ethereum also experienced a notable 13% increase against the U.S. dollar. Alongside these top contenders, a considerable number of other cryptocurrencies have also enjoyed substantial gains throughout the seven-day span. Top Coins Thrive as Market Value Hits $1.7 Trillion Currently, the crypto market, which

Introduction When we woke up to see gold had hit an all-time high overnight, we knew we needed to take a look at some charts. And who better to do that with than technical analyst Chris Vermeulen of TechnicalTraders.com. Interview with Chris Vermeulen GoldCore CEO, Dave Russell, took some time this afternoon to speak with

Bitcoin's price surged past the $44,000 mark on Tuesday, reaching a peak of $44,011 per unit. Over the last month, the leading cryptocurrency has seen a surge of more than 24%, with a 17% increase in just the past two weeks. Bitcoin's Remarkable Ascent This week, bitcoin has experienced a remarkable ascent, with a 14%

Crypto exchange Coinbase's CEO, Brian Armstrong, believes that Bitcoin has the potential to play a crucial role in extending the reach of Western civilization. Armstrong sees Bitcoin as an alternative to traditional fiat currencies like the U.S. dollar, offering people a way to protect themselves from inflation. Brian Armstrong: Crypto as an Antidote to Inflation

Introduction Peter Schiff, the chief economist at Europac, recently discussed the market movements of gold and bitcoin. He pointed out that the pullback in gold prices provided an opportunity for bitcoin prices to increase. However, Schiff remains skeptical about the future of bitcoin, predicting a collapse, while he believes gold prices will continue to rally.

Bitcoin's Market Cap and Trading Volume Bitcoin (BTC) currently has a market cap of $856 billion and a 24-hour trading volume of $38.39 billion. These figures highlight the significant influence of Bitcoin in the cryptocurrency market. However, a deeper analysis of Bitcoin's technical data reveals a more complex market scenario. Oscillators Analysis An examination of