Bitcoin News Daily Bitcoin News

  • Understanding Oscillators in Bitcoin Trading: A Technical Analysis Guide
    by Jamie Redman on June 23, 2024 at 06:06

    In the realm of bitcoin trading, technical analysis can play a significant role, with oscillators being pivotal tools. Oscillators, developed over decades, assist traders in making informed decisions by analyzing price momentum and market conditions. This article delves into the history and usage of key oscillators leveraged in bitcoin trading. Oscillators and Why They Matter

  • Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities
    by Terence Zimwara on June 23, 2024 at 04:31

    The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope and introduced an accelerated process for onboarding virtual asset service providers. The Accelerated Regulatory Incubation Programme provides VASPs with insights into the Commission’s expectations before they fully commence operations. Regulator Threatens Enforcement Action Against Non-Compliant

  • Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC
    by Sergio Goschenko on June 23, 2024 at 03:10

    Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian CBDC, drex. Rayls, the new blockchain, will offer the possibility of operating in a permissioned way and also linking itself to other public blockchains using Rayls Public Chain, a native Ethereum layer two (L2).

  • US Government to Report Seized Crypto as ‘Nonmonetary Property’
    by Kevin Helms on June 23, 2024 at 01:37

    The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary instruments. The federal authority claims that cryptocurrencies “do not typically possess all monetary characteristics,” emphasizing that they “are not effective as a unit of account,

  • Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings
    by Kevin Helms on June 23, 2024 at 00:05

    Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated that spot ether ETFs will launch this summer, pending the SEC’s