Cryptocurrencies

XRP price technical breakdown boosts chances of a 40% drop by July

Ripple (XRP) price stares at potential losses in the coming weeks as it breaks out of a “descending triangle” pattern, with its bias skewed toward the

Business

US lawmakers urge EPA to consider the potential benefits of crypto mining

A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the

Invest

Tesco on inflation: we’re seeing early signs of changing consumer behaviour

Invezz does not provide financial advice. Our aim is to simplify information about investing, enabling each user to make educated decisions with their money and

Business

Crypto’s uses and misuses: Binance–Reuters quarrel raises questions

Crypto exchange Binance has courted controversy almost from its 2017 beginnings, and five years later, the dustups continue. On June 6, the United States Securities

Bitcoin

Bitcoin whale support lines up as trader says $14K ‘most bearish’ BTC price target

Bitcoin (BTC) survived another night without breaking $20,000 on June 17 as $14,000 cemented itself as a likely bottom level. BTC/USD 1-hour candle chart (Bitstamp).

Business

Elusive Bitcoin ETF: Hester Peirce criticizes lack of legal clarity for crypto

The crypto sector may be maturing, but regulatory clarity around the treatment of digital assets continues to remain cumbersome.  This was recently highlighted by Commissioner

Cryptocurrencies

Tether’s USDT market cap dips below $70B for an 8-month low

Tether (USDT), the biggest stablecoin and the third largest digital currency by market capitalization, continues losing its market value amid the current market downturn. On

Business

Crypto lender Babel Finance halts withdrawals due to liquidity pressures

Hong Kong-based asset manager Babel Finance is the latest cryptocurrency lending firm experiencing some serious issues amid the ongoing market downturn. Babel Finance officially announced

Invest

Bank of Japan announcement: BoJ maintains negative short-term rates

The Bank of Japan in its two-day meeting on the 16th and 17th of June, elected to keep policy rates unchanged. Short-term interest rates would

Business

NFT platforms in China grow 5X in four months despite government warnings

The popularity of nonfungible tokens is on the rise as recent data shows that the number of digital collectible platforms in China has grown to