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Bitcoin Stalls Below US$75,000 As Ethereum Slips
businesstoday_my61d ago

Bitcoin Stalls Below US$75,000 As Ethereum Slips

Bitcoin hovered just shy of the key US$75,000 threshold on April 17, caught in a tight consolidation band as investors weighed macro risks against steady institutional inflows. The world’s largest cryptocurrency has been “coiling” near resistance, with price action reflecting indecision after a recent push toward the psychological ceiling. While Bitcoin held its ground, Ethereum [...]

#CRYPTO
Pound Sterling Plummets as Bank of England Rate Hike Expectations Fade
bitcoinworld61d ago

Pound Sterling Plummets as Bank of England Rate Hike Expectations Fade

BitcoinWorld Pound Sterling Plummets as Bank of England Rate Hike Expectations Fade The Pound Sterling faced significant downward pressure in London trading sessions this week as market participants dramatically scaled back expectations for imminent Bank of England interest rate increases. This currency movement reflects shifting economic assessments and monetary policy projections that are reshaping foreign exchange markets globally. Consequently, traders are adjusting their positions while economists reevaluate [...] This post Pound Sterling Plummets as Bank of England Rate Hike Expectations Fade first appeared on BitcoinWorld .

#FOREX
financialcontent61d ago

Expert Roundtable: Why Is NEXTBank’s AgentFI Upgrade Seen as the “Prologue to Web4.0”?

Singapore, April 17, 2026 -- Five months of sandbox testing, the commercial launch of three AI products – NEXTBank has completed a key leap from a crypto payment network to a dual‐engine PayFi+AgentFI ecosystem. But in the eyes of industry observers, this upgrade is much more than a product expansion. By systematically proposing to “make AI Agents independent economic participants,” NEXTBank touches the core proposition of the Web4.0 era: who will define the economic rules of human‐machine

#CRYPTO
NFT Marketplace Foundation Announces Shocking Shutdown After Sale Collapses
bitcoinworld61d ago

NFT Marketplace Foundation Announces Shocking Shutdown After Sale Collapses

BitcoinWorld NFT Marketplace Foundation Announces Shocking Shutdown After Sale Collapses The Foundation NFT marketplace, once a prominent player in the digital collectibles space, has announced its immediate shutdown and liquidation proceedings following a failed acquisition deal. This development, confirmed on November 15, 2025, marks another significant shift in the evolving NFT ecosystem and raises important questions about platform sustainability. The company revealed that a previously [...] This post NFT Marketplace Foundation Announces Shocking Shutdown After Sale Collapses first appeared on BitcoinWorld .

#CRYPTO
Rupee opens 25 paise higher at 92.95 against the US dollar
livemint61d ago

Rupee opens 25 paise higher at 92.95 against the US dollar

The Indian rupee opened higher at 92.95 against the US dollar, aided by RBI measures to curb dollar demand from oil refiners. The central bank has instructed refiners to utilize a special credit line instead of spot purchases, aiming to stabilize the currency amid rising oil prices.

#FOREX
Pound Sterling Soars as Robust UK GDP Data Defies Economic Forecasts
bitcoinworld61d ago

Pound Sterling Soars as Robust UK GDP Data Defies Economic Forecasts

BitcoinWorld Pound Sterling Soars as Robust UK GDP Data Defies Economic Forecasts LONDON, UK – The Pound Sterling registered significant gains against its major currency peers on Thursday, following the release of stronger-than-expected UK Gross Domestic Product (GDP) figures for the first quarter of 2025. This pivotal economic data immediately bolstered investor confidence in the British economy, consequently driving demand for the UK currency across global foreign [...] This post Pound Sterling Soars as Robust UK GDP Data Defies Economic Forecasts first appeared on BitcoinWorld .

#FOREX
Australian Dollar Bulls Defy Pressure: Hawkish RBA and Diplomatic Shifts Fuel AUD Resilience
bitcoinworld61d ago

Australian Dollar Bulls Defy Pressure: Hawkish RBA and Diplomatic Shifts Fuel AUD Resilience

BitcoinWorld Australian Dollar Bulls Defy Pressure: Hawkish RBA and Diplomatic Shifts Fuel AUD Resilience SYDNEY, Australia – The Australian Dollar continues to demonstrate remarkable resilience in global forex markets, with bullish sentiment firmly entrenched. This strength persists despite complex geopolitical currents and shifting monetary policy expectations worldwide. Analysts point to two primary, concurrent drivers: sustained hawkish rhetoric from the Reserve Bank of Australia and ongoing diplomatic efforts between the [...] This post Australian Dollar Bulls Defy Pressure: Hawkish RBA and Diplomatic Shifts Fuel AUD Resilience first appeared on BitcoinWorld .

#FOREX
NZD/USD Forecast: Currency Pair Struggles Below Critical 0.5900 Level Amid Surging US Dollar Demand
bitcoinworld62d ago

NZD/USD Forecast: Currency Pair Struggles Below Critical 0.5900 Level Amid Surging US Dollar Demand

BitcoinWorld NZD/USD Forecast: Currency Pair Struggles Below Critical 0.5900 Level Amid Surging US Dollar Demand WELLINGTON, New Zealand – March 15, 2025: The New Zealand Dollar continues to face significant headwinds against its US counterpart, with the NZD/USD pair remaining subdued below the psychologically important 0.5900 threshold. This persistent weakness primarily stems from a broad-based flight to safety among global investors, which consequently fuels demand for the US Dollar. Market [...] This post NZD/USD Forecast: Currency Pair Struggles Below Critical 0.5900 Level Amid Surging US Dollar Demand first appeared on BitcoinWorld .

#FOREX
Crypto Analyst Says It’s Time To Swap Bitcoin For XRP, Here’s Why
newsbtc62d ago

Crypto Analyst Says It’s Time To Swap Bitcoin For XRP, Here’s Why

A crypto analyst has sparked fresh debate after warning investors to consider swapping their Bitcoin (BTC) for XRP. He argues that the shifting global reserve standards could reshape which digital assets gain institutional favor, potentially positioning XRP as a stronger candidate for long-term adoption. The analyst’s comments align with the central bank’s strict reserve policies, highlighting Bitcoin’s limitations. Crypto Analyst Tells Investors To Dump BTC For XRP Crypto commentator and XRP advocate John Squire is urging investors to dump their Bitcoin for XRP. In a recent X post, Squire shared a video featuring a discussion by the European Central Bank (ECB) President Christine Lagarde on central bank reserve policy. Related Reading: Don’t Celebrate Bitcoin Price Above $70,000, Analyst Says It’s “Very, Very Bad” During the discussion, Largarde reiterated that Bitcoin (BTC) is unlikely to meet the requirements for inclusion in official reserve holdings. The declaration has triggered a wave of reaction across the crypto community, reopening debates about how digital assets fit into the global financial system. This rejection of Bitcoin as a reserve asset in the European Central Bank is the primary reason Squire is urging investors to pivot to XRP. He likely believes that shifting regulatory and institutional preferences could favor XRP over BTC in the long term. Notably, as the world’s largest and most recognized cryptocurrency, Bitcoin has often been touted as a reserve currency despite its volatility and unpredictable nature. Because of its dominant position and widespread institutional adoption, the US government has also repeatedly hinted that Bitcoin could become a strategic reserve currency. However, the same is not true in Europe, where regulators have taken a more cautious, skeptical stance toward Bitcoin, making its inclusion at the ECB far less likely in the near future. Why Bitcoin Does Not Qualify As An ECB Reserve Asset During her discussion, Largarde outlined reasons why the ECB has chosen to exclude Bitcoin entirely from its reserve holdings. She indicated that Bitcoin does not meet the criteria that central banks require for reserve currencies. According to her, Central Bank reserves must remain liquid, secure, and free from concerns linked to illicit activity and financial risks. Related Reading: Why XRP Price Is About To Stage The Breakout Of The Decade Largarde also noted that reserve assets must prioritize stability and trust within the global financial system, reinforcing the cautious stance banks and financial institutions continue to take toward digital assets like Bitcoin. Her remarks quickly drew attention from the crypto community via Squire’s X account. Many market participants debated which digital asset, if any, could align more closely with future reserve settlement frameworks. While some community members agree with Squire to dump their Bitcoin for XRP, others suggest diversifying into both digital assets to mitigate risk. Regardless of the final decision, Largarde’s statements highlight the continued skepticism surrounding cryptocurrencies. Her comments do not represent a direct policy change but rather a reaffirmation of existing central bank principles in the EU. Featured image from iStock, chart from Tradingview.com

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