Market Outlook

The U.S. central bank will continue buying Treasury and mortgage bonds to support the economy.

While a Senate Banking Committee hearing ostensibly focused on central bank digital currencies, bitcoin’s role in the ecosystem drew much of the attention.

El diputado local Carlos Rejala espera atraer empresas de criptomonedas a la nación latinoamericana con un nuevo proyecto de ley el próximo mes.

A supermajority of the El Salvadoran legislature voted to adopt bitcoin as legal tender early Wednesday morning.

The local government of Changji in Xinjiang has instructed miners at the Zhundong Economic Technological Development Park to shut down mining activities.

A death cross occurs when the 50-day moving average crosses below the 200-day moving average.

Una supermayoría de la legislatura de ese país votó a favor de la adopción del bitcoin como moneda de curso legal en la madrugada del miércoles.

This is the fifth round of a nationwide crackdown on money-laundering activities related to telecom fraud in China, dubbed “Operation Card Breaking.”

The cryptocurrency is up from a low price of about $31,000.

It follows orders to other provinces, including Xinjiang and Inner Mongolia, to shut down miners.

The bill gives a nod toward blockchain and now moves to the House.

"This traditionally bullish signal should be interpreted with caution and in the context of other indicators," one analyst said.