2nd highest weekly close ever — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week under $30,000 as the battle to save the market from fresh lows grinds on.After hitting its highest since the Terra LUNA crash last week, the largest cryptocurrency nonetheless continues to fail to reclaim $30,000 as support.What could be in store this week? The potential for major upheaval from macro players, notably…

The recent court ruling that Ripple’s XRP (XRP) token is not considered a security when sold on digital asset exchanges has sparked a wave of positive sentiment across the cryptocurrency ecosystem. Stuart Alderoty, chief legal officer at Ripple, told Cointelegraph that he believes the most important part of this ruling is that the court unequivocally said…

Cryptocurrency exchange Bitfinex announced a LEO burn initiative in a Medium post published on June 14.Per the announcement, the initiative will see the exchange’s parent company iFinex funnel its gross revenue into purchasing LEO tokens at market prices in what the post refers to as the UNUS SED LEO burn mechanism. This new system will…

Cryptocurrency mining technology, Marina Abramovic and Bill Gates provide new fodder for far-right conspiratorial politics. Cryptocurrencies are not immune to the feverish climate in 2020 — a year in which the line between mainstream politics and an online morass of conspiratorial theories is becoming ever more blurred.Former CIA counterintelligence and staff investigator Kevin Shipp, who…

The cryptocurrency exchange had previously reported that it expected losses of $500 million this year amid the bear market. 509 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTThe CEO of Coinbase, Brian Armstrong, has revealed that the exchange’s trading revenue has declined by approximately 50% or more…

Bitcoin (BTC) stayed rangebound at the Oct. 6 Wall Street open with traders already planning for a “violent” breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin whale activity highlights the importance of $19,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it moved up and down by only a matter of a few hundred dollars…

One year after Bitcoin (BTC) broke crypto industry records to hit $20,000, a partner at venture capital firm Blockchain Capital says that today’s bearish market represents “a fantastic buying opportunity.” Spencer Bogart made his remarks during an interview on CNBC’s Fast Money show Dec. 17.Bitcoin is now trading around $3,550, up 2 percent and capping…

Patrick Hillmann confirmed in a tweet that would be departing the company "on good terms" after a two-year stint. The departure comes amid a trying time for Binance. Binance's chief strategy officer Patrick Hillmann has confirmed he is leaving the crypto exchange amid reports that other top compliance executives in the United States have handed…