Tag: Could

Bitcoin Breaks Key Support But Buyers Could Protect $4.9K-$5.0K

Bitcoin Breaks Key Support But Buyers Could Protect .9K-.0K Bitcoin price climbed further higher and broke the $ 5,400 resistance level against the US Dollar. The price traded to a new multi-month high at $ 5,461 before correcting lower sharply. This week’s followed important ascending channel was breached with support […]

Founder of Mt. Gox Creditors Cooperative Resigns, Says Settlement Could Take Years

Founder of Mt. Gox Creditors Cooperative Resigns, Says Settlement Could Take Years Four days ago, news.Bitcoin.com reported on the April 3 notice to Mt. Gox creditors from the court’s civil rehabilitation trustee Nobuaki Kobayashi. Now a disclosure stemming from the founder of Mt. Gox Legal explains that the coordinator, Andy […]

How India’s Election Could Impact Crypto Regulation

How India’s Election Could Impact Crypto Regulation India’s impending general election could affect the government’s process of regulating the crypto industry. A local lawyer has explained to news.Bitcoin.com how the election can impact regulations. According to the Indian Election Commission’s code of conduct rules, no new law can be passed […]

Growth of Crypto Industry Could Threaten Banks, Financial Stability: Basel Committee

Growth of Crypto Industry Could Threaten Banks, Financial Stability: Basel Committee BIS-backed global banking authority the Basel Committee has issued a sceptical statement on crypto assets, saying they’re “unsafe to rely on” as money Cointelegraph.com News

Analyst Claims Bitcoin (BTC) Posed for Move Towards 4,400, But Could the Case for Bulls be Fading?

Analyst Claims Bitcoin (BTC) Posed for Move Towards 4,400, But Could the Case for Bulls be Fading? Bitcoin’s price has continued to climb today following a recent period of choppy sideways trading. Although BTC’s climb to above $ 3,900 is certainly positive for the cryptocurrency, it is now approaching the […]

Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee

Report: Indian Government Concerned Cryptocurrencies Could Undermine the Rupee The Indian government panel tasked with drafting crypto regulation is reportedly worried that cryptocurrencies could destabilize the rupee if they are accepted as payments. Its concern came to light despite evidence that cryptocurrencies do not currently pose a threat to financial stability. […]