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Bitcoin falls below $26,000 in crypto market turmoil; $1 Billion Liquidated Amid Major Currency Slumps

Bitcoin value briefly dipped below the $26K threshold at 5:50 PM. ET on Thursday before quickly breaking above the $26,000 benchmark. At the same time, the expansive cryptocurrency backdrop saw an 8% drop against the US Dollar, teetering dangerously close to falling below the $1 trillion threshold. Additionally, a staggering $1 billion worth of derivatives…

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Australian banks block payments to ‘high risk’ crypto exchanges

National Australia Bank joins other major Australian banks in blocking payments to “high-risk” cryptocurrency exchanges to protect customers. The National Australia Bank (NAB) announced on Monday that it had blocked some payments to “high-risk” cryptocurrency exchanges in recent months to protect its customers. The lender said Australians lost an estimated $151 million last year due…

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Payment giant Mastercard expands its partner network to help scale crypto assets and blockchain technology

Mastercard announces the expansion of its global partner network amid growing consumer demand for new payment technologies. Payment processing giant says Engage’s expanded partner network will broaden access to digital assets and blockchain as it makes it easier to bring new crypto card programs to market and enable crypto conversion capabilities to fiat currency. “Mastercard…

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Ripple will help the Central Bank of Colombia explore CBDC use cases

Blockchain payment company Ripple Labs Inc has signed a strategic partnership agreement with the Central Bank of the Republic of Colombia and together they intend to explore use cases of blockchain technology with Central Bank Digital Currency (CBDC). In particular, the association involves the Ministry of Information and Communication Technologies (MinTIC) and a company specializing…

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Neutronpay and Pouch.ph Partner to Offer Affordable Shipping to Canada and Vietnam Using Lightning

Neutronpay, a digital payment platform based in Canada, has partnered with Pouch.ph to offer fast and affordable remittance services to Filipinos living in Canada and Vietnam. According to a press release sent to Bitcoin Magazine, the association aims to provide a safe and cost-effective solution for Filipino expatriates who want to send money to their…

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How will lower interest rates benefit Bitcoin?

Cointelegraph analyst and writer Marcel Pechman explains how lowering the interest rates in the U.S. will ultimately benefit Bitcoin and the cryptocurrency market. Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect…

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Coinbase Insiders, Including the CEO, Used Insider Trading to Avoid $1 Billion Losses

A Coinbase insider recently filed a new lawsuit naming Coinbase (NASDAQ:COIN) insiders, including chairman and CEO Brian Armstrong, for using insider trading to avoid losses of $1 billion during the public listing of the shares two years ago. . The investor filed the complaint on Monday, May 1, in the Delaware Chancery Court. Furthermore, the…

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Ethereum price is vulnerable to further losses if it dips below $1,920

Ethereum price extended its decline below $1,920 against the US Dollar. ETH may continue to fall if it breaks the $1,820 support zone. Ethereum price turns red Ethereum price gained bearish momentum after breaking below the $2,000 support. ETH extended its decline below the $1,950 and $1,920 support levels, similar to Bitcoin. The bears even…

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BTC Price Prediction From 60erinvestment

April 9th 2023: BTC Price Prediction: After an aggressive rally in March’s first half, the Bitcoin price turned sideways in light of increasing uncertainty in the crypto market. Thus, the prices walking a lateral path over the past three weeks between $28800 and $26500 levels created a narrow range. Here’s how you may find a…