Bitcoin’s drop below $8k increases the change of a visit to the 61.8% Fibonacci retracement level at $7,845. Is a bounce incoming? Bitcoin’s (BTC) price action continues to be less than impressive unless one is a bear capitalizing on the current shorting opportunities. Bulls pinned their hopes on BTC price breaking out of the falling…
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Guests on a Bloomberg panel agreed that Bitcoin becomes more attractive during times of irresponsible monetary policies from central banks and governments globally. John Pfeffer, founder of Pfeffer Capital, together with Travis Kling, founder and CIO of Ikigai Asset Management and Charles McGarraugh, head of markets for Blockchain, discussed Bitcoin (BTC) in the context of…
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The new $200 million Bitcoin Cash Ecosystem Fund will focus on payment solutions and non-custodial financial services for Bitcoin Cash. Bitcoin.com, the Bitcoin (BTC)-related firm backed by crypto evangelist Roger Ver, is planning to launch its $200 million Bitcoin Cash (BCH) investment fund. Ver has announced the news speaking at a Bitcoin Cash meetup in…
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U.S.-based Trade Station — a subsidiary of Coincheck owner Monex Group — is launching a crypto brokerage platform via a newly-launched offshoot, Trade Station Crypto. United States-based Trade Station — a subsidiary of Coincheck owner Monex Group — is launching a cryptocurrency brokerage platform via a newly-launched offshoot called Trade Station Crypto. As Cointelegraph Japan…
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Bitcoin price is close to critical support levels, but we anticipate a bounce off the support levels as we take a look at the charts. The Federal Reserve Board Chairman Jerome Powell has said that the Fed is not developing a central bank digital currency (CBDC), but it is conducting its own research to evaluate…
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French law enforcement’s cybercrime unit has validated judicial expenses incurred during investigations on the Tezos blockchain. The French Armies and Gendarmerie’s Information and Public Relations Center has validated judicial expenses incurred during investigations on the Tezos (XTZ) blockchain. A press release published on Nov. 20 notes that the Gendarmerie’s cybercrime division (C3N) used the system…
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Two good news have reached the most popular smart contract platform and second biggest crypto network by market capitalization, Ethereum (ETH), in the past few days. First, Ethereum managed the ‘insane’ number of transfers on its network. Second, improved ETH dapp (decentralized application) tracking instruments showed that the real transaction volume might be several Read…
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Source: iStock/Ja’Crispy The sixth richest Bitcoin wallet with nearly BTC 80,000 (c. USD 653 million) has been lying dormant ever since March 2011. The coins originate from the first major hack of the now bankrupt Mt. Gox exchange, and the owner of the wallet has never spent a sat, leading many to question whether its…
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About USD 400 million worth of Ripple (XRP) has been found to be tied to illicit activity and several hundred XRP accounts are responsible for this, according to Elliptic, a London-based blockchain analytics startup. “We began researching XRP more than a year ago and have already identified several hundred XRP accounts linked to illicit activity…
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The United States Federal Reserve System is exploring the development of a digital currency and what issues and risks it could potentially pose. The United States Federal Reserve System is exploring the development of a central bank digital currency (CBDC) and what issues and risks it could potentially pose. Federal Reserve Board Chairman Jerome Powell…
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