Bitcoin (BTC) is back testing lower levels after failing to conquer $60,000 resistance — and indicators suggest the downturn is not over.BTC/USD bounced off $55,000 overnight on Monday, hours after hitting local highs of nearly $59,000 in bullish early trading.With sellers still in place closer to all-time highs of $64,500, the largest cryptocurrency has a lot of work to do to … [Read more...] about 3 reasons why Bitcoin is on shaky ground after failing to retake $60K
Retake
Can a digital pound CBDC retake London’s financial hub status post-Brexit?
A financial think tank has suggested that Britain should adopt a digital pound in an effort to strengthen London’s status as a global trade center in the wake of Brexit. Previously the gravitational center-point of Europe’s financial sector, London saw much of its influence lost at the end of 2020 when Britain’s exit from the European Union was finalized.The United Kingdom’s … [Read more...] about Can a digital pound CBDC retake London’s financial hub status post-Brexit?
Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K
Another wave of selling pressure hit the cryptocurrency market on Feb. 23 as Bitcoin struggles to reclaim the $49,000 level.Data from Cointelegraph Markets and TradingView shows that Bitcoin fell under intense pressure in the early trading hours on Tuesday and this pushed the price of BTC as low as $44,927 before buyers arrived to stop the descent.The majority of altcoins and … [Read more...] about Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K