Daily Market Insight - Mar 13

Bitcoin Grills $74,000 Again After US PCE Inflation Data

Bitcoin sees another attempt to crack $74,000, but BTC price forecasts still see the end of the 'bearish retest' of resistance.

Bitcoin Outperforms Macro Assets in Iran Conflict as $72,000 Returns

Bitcoin shows ongoing resilience against macro uncertainty as BTC price action retargets levels above $72,000.

Bank of England Comes Around on Stablecoins

The UK crypto industry wants to scrap holdings limits and clarify the Bank of England’s proposed reserve asset rules for stablecoins.

Hong Kong to Approve First Stablecoin Licenses for Banks

HSBC and Standard Chartered are expected to be among the first banks licensed to issue stablecoins in Hong Kong under the new regulatory framework.

Democrats Promise to Oversee Reported DOJ Probe Into Binance

Three Democratic senators said they will oversee a reported Justice Department probe into Binance over possible Iran sanctions violations.