By mrblockchain The Federal Reserve has retracted prior guidance that discouraged banks from engaging in cryptocurrency and stablecoin activities, signaling a shift toward supporting innovation in the sector. The rescinded guidelines, issued in 2022 and 2023, had warned banks about the risks of crypto, including volatility, liquidity, and legal challenges. Industry leaders like Michael Saylor […]
Tag: STH
By Sebastian Villafuerte Bitcoin is trading above the $90,000 mark again, signaling renewed strength as bulls gain momentum despite persistent global uncertainty. The broader market remains on edge amid rising tensions between the US and China, coupled with lingering concerns over inflation and economic slowdown. However, optimism around Bitcoin continues to grow, with several analysts […]
By ItalianCannon Bitcoin (BTC) has rebounded from a local low of $74,000 to a high of $86,000, signaling a strong recovery. Whale activity on Binance shows a significant reduction in selling pressure, with inflows dropping by over $3 billion in the past 30 days. Short-term holders (STHs) are also reducing selling activity, with BTC inflows […]