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Showing posts with the label expansion

Bitcoin signals potential range expansion— Will SOL, LDO, ICP and VET follow?

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Bitcoin is holding above $26,500 and the price stability could lead traders to take a second look at SOL, LDO, ICP and VET. The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than 5% this week. Its rally of 3.11% on Oct. 13 was its best one-day performance since Dec. 1 of last year. However, the Bitcoin (BTC) bulls did not have any such luck as Bitcoin is on track to end the week down more than 3%. Bitcoin’s weakness and the regulatory overhang have kept crypto investors away from altcoins. That has kept Bitcoin’s market dominance hovering near the 50% mark for the past few days. Crypto market data daily view. Source: Coin360 Market observers are likely to keep their focus on Bitcoin for the next few days. The longer the bulls sustain the price above $25,000, the greater the possibility that the next move is likely to be higher. A bullish move in Bitcoin ...

Circle targets Asian market in business expansion

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Circle is set to focus its expansion efforts on the Asian market , particularly monitoring regulatory developments in Hong Kong. Cryptocurrency company Circle, known for introducing the stablecoin USDC, has unveiled plans to penetrate deeper into the Asian market, particularly focusing on Hong Kong. This was revealed by CEO Jeremey Allaire during a Bloomberg Television interview at the World Economic Forum, located in Tianjin, China. Allaire emphasized the strategic importance of Hong Kong in the landscape of digital currencies. Given the fresh set of regulations implemented on crypto exchanges starting June 1, the city appears to be a hotspot for crypto businesses. .@jerallaire (@circle), one of the co-chairs of this year's #amnc23, highlights the importance of the meeting in 'taking the world forward through this critical time'. Watch the full session here: https://t.co/YGkHIOSdgH pic.twitter.com/XS1CYHzrN2 — World Economic Forum (@wef) June 27, 2023 Historic...