The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets.
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The token now grapples with a notorious multi-month resistance trendline.
Nonetheless, the long-term technical setup and strengthening protocol metrics indicate bullish continuation.
“Considering how much was at stake, I believe our team has made the best decisions possible given the circumstances,” said Polygon’s co-founder Jaynti Kanani.
Bitcoin failed again to clear the $58,500 resistance against the US Dollar. BTC is declining and it might accelerate lower below the $56,000 support in the near term. Bitcoin is struggling to move above the $58,000 and $58,500 levels. The price is j...
Nearly $3 billion in BTC options expire on Nov. 26, and bears are better positioned below $58,000.
Canada is one of the first countries to approve a Bitcoin ETF and is the fourth-largest nation in terms of hash rate.
Bitcoin retested the $55,500 support zone against the US Dollar. BTC is recovering, but it could face a strong selling interest near $57,500 in the near term. Bitcoin settled below the key $58,000 and $57,500 resistance levels. The price is now trad...
In total, the market surveillance company has raised $35M in the last six months.
The peer-to-peer insurance service provides DeFi users coverage in case of technical glitches on the Terra blockchain.