Honduras’ Próspera Zone recognizes Bitcoin as an official unit of account

Próspera Zone in Honduras officially recognizes Bitcoin as a unit of account, expanding financial freedom. Acting manager Jorge Colindres leads the initiative, emphasizing the right to financial flexibility. Despite temporary limitations, entities opting for Bitcoin can calculate tax obligations internally. In a significant development, the Próspera Special Economic Zone (SEZ) in Roatan, Honduras, has officially […]

BTC could retest key $28,800 zone

Bitcoin price has dropped below $30,000 to currently trade near $29,480. Crypto analyst Rekt Capital says BTC price could retest $28,800 and establish it as a major support area. BTC price bounced above $31,000 last week, having struggled to break past the anticipated buffer zone. Bitcoin is trading around $29,479, about 3% down in the […]

Crypto bleeding has most altcoins in buying zone: Santiment

The MVRV metric suggests most altcoins are underbought and present a buying opportunity. A new leg down could however push some of the tokens into a danger zone. Crypto prices have decline alongside weaknesses stocks. The total cryptocurrency market cap is down 1.7% at the time of writing as the broader crypto market battles yet […]

Shiba Inu (SHIB/USD) nears a demand zone

Shiba Inu recovered 1.21% on Monday after a bearish move The developers teased a “countdown,” as some fans speculate the Shibarium update SHIB could touch the June lows next Shiba Inu (SHIB/USD) gained 1.21% on Monday to trade at $0.0000087. The token is slightly recovering from a bottom price of $0.0000080 over the weekend. This […]