January 12, 2023 – TradingBTC.com

SOL Could Extend Rally Above $18

January 12, 2023 Aayush Jindal

Solana is showing bullish signs above $15 against the US Dollar. SOL price could extend its rally above the $18 and $20 resistance levels. Sol price started a fresh increase above the $15 and $16 levels against the US Dollar. The price is now trading above $16 and the 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $15.90 on the 4-hours chart of the SOL/USD pair (data source from Kraken). The pair could rise further if it stays above the $15.00 and…

Asia Express – Cointelegraph Magazine

January 12, 2023 Cointelegraph By Zhiyuan Sun

Our weekly roundup of news from East Asia curates the industry’s most important developments. Huobi’s disgruntled employees According to local media reports, cryptocurrency exchange Huobi Global has terminated all year-end employee bonuses and benefits, as well as axed its entire core development staff located in mainland China. The laid-off staff will be instead switched to “advisory contracts” that do not receive protection under Chinese labor laws. Employees also claim that their leftover paid vacation days and sick leave days for 2022 were set to zero without prior notification. Moreover, executives…

90% of businesses adopting blockchain technology, data

January 12, 2023 Savannah Fortis

The crypto and blockchain space has had a turbulent past year, but that is not stopping users and enterprises from looking into the industry. A new survey from CasperLabs and Zogby Analytics revealed that the sentiment around blockchain adoption is especially positive among enterprises. The poll was conducted via 603 business enterprise “decision makers” in the United States, the United Kingdom and China. Nearly 90% of the businesses surveyed reported deploying blockchain technology in some capacity, with 87% saying they plan to invest in blockchain in the next year. This is particularly…

Bitcoin Pushes Near $19K for First Time Since FTX Collapse

January 12, 2023 Anthony B

Steven Lubka, managing director of Swan Bitcoin’s private client department, said he expects inflation to continue to soften in the first half of 2023, which should give the Fed room to ease its monetary-tightening policy. He cautioned, however, that inflation in the second half of the year may not be so benign and that the central bank may have to deal with a softening or even recessionary economy alongside rising inflation. Author: Stephen Alpher Source link