Here are some of the latest news on crypto coins:
- Bitcoin (BTC) holds above $26,000 resistance, Everlodge prices rise 80%. Bitcoin (BTC) has been trading above the $26,000 resistance level for the past few days, while Everlodge (LODGE) prices have risen by 80% in the same period. This suggests that there is still some bullish sentiment in the market, despite the recent downturn.
- Can the post-G-20 roadmap for Indian Crypto Asset Regulation achieve greater financial inclusion? The G-20 recently agreed on a framework for regulating crypto assets, which could pave the way for greater financial inclusion in India. However, it remains to be seen how the framework will be implemented and how it will impact the Indian crypto market.
- Bitcoin, most cryptos traded sideways following Fed Chair's hawkish comments. Bitcoin and most other cryptocurrencies traded sideways following hawkish comments from Fed Chair Jerome Powell. Powell said that the Fed would continue to raise interest rates until inflation is under control, which could weigh on risk assets like cryptocurrencies.
- Crypto Price Today: Bitcoin falls below $26,700; Polygon, Polkadot decline up to 3%. Bitcoin fell below the $26,700 level on Monday, while Polygon (MATIC) and Polkadot (DOT) declined by up to 3%. The overall crypto market cap was also down by around 1%.
- Crypto Price Today: Bitcoin holds at $27,000 after FOMC keeps rates unchanged. Bitcoin held at the $27,000 level on Tuesday after the Federal Open Market Committee (FOMC) kept interest rates unchanged. The FOMC also said that it would continue to raise rates until inflation is under control.
In addition to the above, here are some other notable news items from the crypto industry:
- Australian regulator sues crypto exchange for design, distribution failures. The Australian Securities and Investments Commission (ASIC) has sued crypto exchange CoinSpot for design and distribution failures related to its investment products. ASIC alleges that CoinSpot's products were misleading and did not adequately disclose the risks involved.
- MicroStrategy bought 5,445 Bitcoin for $150M since August. MicroStrategy, a business intelligence firm, has purchased another 5,445 Bitcoin for $150 million since August. The company now holds a total of 130,000 Bitcoin, which is worth over $3 billion.
- Sam Altman's Worldcoin rallies on first day. Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, rallied on its first day of trading. The coin was launched on the Binance exchange and quickly rose to a price of over $0.10.
Overall, the crypto market is still in a bear market, but there are some signs of recovery. Bitcoin has been holding above the $26,000 resistance level for the past few days, and some other altcoins have also seen some gains. However, it is important to note that the market is still volatile and investors should be cautious.
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