Bitcoin price approaches potential springboard to $23K as DXY cools surge

With support and resistance inches from spot price, BTC/USD has increasingly little room to consolidate.

Original source: Cointelegraph By William Suberg

Publish date: July 6, 2022

Fed conference hears stablecoins may boost USD as global reserve currency

It seems some panelists disagree with the Fed that a CBDC could help maintain the US dollar as the global reserve currency and even said the development of CBDCs by other countries doesn’t threaten the dollar.

Original source: Cointelegraph By Jesse Coghlan

Publish date: July 6, 2022

The bottom is in: CNBC's Jim Cramer says crypto has "no real value"

Mad Money host Jim Cramer has changed his sentiment on crypto again, predicting the total market cap will tank below $1 trillion as “there’s no real value there.”

Original source: Cointelegraph By Brian Quarmby

Publish date: July 6, 2022

PennyWise crypto-stealing malware spreads through YouTube

The malware targets Zcash and Ethereum wallets alongside Electrum, Atomic Wallet and Coinomi, it takes your browser extension and login data and reads your chat logs.

Original source: Cointelegraph By Felix Ng

Publish date: July 6, 2022

Italian government will provide $46 million in subsidies for blockchain projects

Italy's Ministry of Economic Development said companies and public or private research firms will be able to apply for up to $2 million in funding from the government for the development of projects related to artificial intelligence, the internet of things, …

Original source: Cointelegraph By Turner Wright

Publish date: July 5, 2022

Crypto market volatility shows need for 'enhanced regulatory and law enforcement frameworks' — BoE

The Financial Policy Committee of the Bank of England said events including extreme crypto price volatility, "liquidity mismatches,” weakening investor confidence in stablecoins, and “leveraged positions being unwound” could threaten the country's financial …

Original source: Cointelegraph By Turner Wright

Publish date: July 5, 2022