This week, TikTok has incorporated some new updates into its policy about the branded content, and it is placing a block on the crypto influencers. The implications of the policy include the developers whose content revolves around the broader financial spaces such as cryptocurrency. The policy update Although there are some exceptions, the latest prohibited
The continuous fluctuation in the Bitcoin market has forced many analysts to frequently change their viewpoint with the bullish to bearish trend and vice versa. In this type of situation, different market indicators, analyses, and metrics predict the different types of upcoming situations, which as a result, intensify the fear, doubt, and uncertainty among traders.
A $75 million Australian cryptocurrency managing hedge fund recently made headlines thanks to its post about the massive spike in returns experienced on a year-to-date (YTD) basis, with the increase being recorded at just about 120%. What is even more interesting, however, is the fact that this fund, which goes by the name of Apollo
Chinese officials, according to financial analyst and Jefferies Global Head of Equity Strategy Christopher Wood, want no competition for their digital yuan. That is why they have recently imposed a ban on bitcoin and other cryptocurrencies. China is more concerned with its CBDC than with its carbon footprint. Christopher Wood, a well-known financial expert specializing
Portugal and Japan have approved the establishment of new bitcoin exchanges in their respective countries. So far, Portugal has endorsed two exchanges, and Japan granted Coinbase permission to operate within the country. Coinbase is approved in Japan Coinbase can now begin operations in the Japanese territory, as the country’s leading financial regulatory agency has given
The Bank of Russia’s governor, Elvira Nabiullina, recently made it known that the financial institution’s stance on cryptocurrencies has not changed, and as such continues to adopt a hostile attitude towards the new digital asset class. This development comes around the time when there has been an increase in criticism regarding how the bank tends
In this past weekend, BTC has shown a very high level of volatility. The leading crypto per market capitalization has lost two strategic support levels. Currently, as of the time of compiling this article, the asset is trading at $34,312, accounting for about a 5.3% loss on a 24-hour range. The renowned former hedge fund
It is expected that ALGO would be supported by a series of different new partnerships and many of the institutional investors that will lead it to boost up its status in the next week as opposed to its trend being seen currently. The periods of consolidation are usually prone to be preceded by strong rallies,
