Altcoin Forrest

Altcoinforrest.com | news.

Bitcoin price plunges below $43K in minutes in crypto market rout Bitcoin (BTC) fell sharply as trading continued on Sept. 7 as a volatile day took BTC price action below $43,000 in one of the most volatile days of the year.BTC/USD 1-hour candle chart. Source: TradingViewWhales blamed for major BTC sell-offData fro

Altcoinforrest.com | news.

Ruler and Cover DeFi protocol closes down amid mass developer exit In a candid open letter, the lead contributor of Cover and Ruler Protocol, “DeFi Ted,” announced the protocol will close its virtual doors in the near future, citing a mass developer exit as the primary reason for the project’s conclusion.Launched ea

Altcoinforrest.com | news.

Ethereum price spikes to a 3-month high above $4,000 Ether (ETH) returned to $4,000 on Sept. 3 for the first time since May as a solid week of gains culminated in a major price milestone.Against month-to-date gains of $600, the pair reclaimed the historic level it had lost in the dramatic trend reversa

Altcoinforrest.com | news.

Nigeria’s CBDC set for pilot rollout on Independence Day After four years of development, the Central Bank of Nigeria (CBN) is set to roll out its digital currency project. The launch will reportedly happen on the occasion of the country’s 61st Independence Day celebration on Oct. 1.Nigeria’s central bank

Altcoinforrest.com | news.

Retail, institutional investors keen on Bitcoin Institutions have been at the forefront of the crypto bull run seen since Q4 2020, but now retail investors have been taking the center stage as well. Bitcoin (BTC) is getting more popular all around the world and it officially became a legal tender

Altcoinforrest.com | news.

One in four US teens would buy crypto if given money to invest, survey finds Researchers have attempted to probe North American teens’ perceptions of the stock market, cryptocurrencies and other investments in the high-octane GameStop era. The results showed that cryptocurrencies edged ahead of some other asset classes such a

Altcoinforrest.com | news.

Caitlin Long takes aim at the New York Times over crypto ‘alarm’ article Avanti Bank and Trust CEO Caitlin Long has posted a rebuttal to a recent New York Times article claiming that crypto and decentralized finance (D is “disrupting the banking industry” so fast regulators can’t keep up.Disrupting traditional finance is

Altcoinforrest.com | news.

Analysts point to overleveraged traders after Bitcoin flash crashes to $43K Traders were caught flat-footed on Sept. 7 after a sharp collapse in the price of Bitcoin (BTC) saw the digital asset fall below $43,000, and this led to widespread liquidations in derivative markets as more than $3.54 billion was liquidated. Amount

Altcoinforrest.com | news.

Alex Mashinsky says Celsius will have to ‘wait and see’ on fallout Support for Coinbase and its CEO, Brian Armstrong, has been pouring in from the crypto community since the company disclosed in a regulatory filing on Wednesday that it had received a Wells Notice from the United States Securities and Exchange Commis

Altcoinforrest.com | news.

Time to rotate! Data suggests traders are shifting from NFTs to DeFi An important part of preserving investing profits is knowing when an asset or sector is showing signs of exhaustion and when a sector rotation is underway. This is especially important in the rapidly moving cryptocurrency markets, which can change di

Altcoinforrest.com | news.

Iota Foundation to support EU blockchain initiative The European Commission's blockchain initiative has selected the Iota Foundation as one of seven projects to participate in the preliminary stage of designing an EU-wide distributed ledger technology platform. The initiative seeks to increase the ef

Altcoinforrest.com | news.

El Salvador’s largest bank partners with Flexa for Bitcoin payments Bancoagrícola, El Salvador’s largest financial institution, is set to boost the country’s Bitcoin adoption policy following its partnership with digital payments gateway Flexa.According to an announcement by Flexa on Thursday, Bancoagrícola has inked