3 reasons why Bitcoin analysts believe BTC price recovery is overdue

Bank of England's Sir Jon Cunliffe has urged British lawmakers to think “very hard” about the disruption integrating cryptocurrency with traditional finance could wreak. 1181 Total views 18 Total shares Sir Jon Cunliffe, the Deputy Governor for Financial Stability at the Bank of England (BoE) crypto may pose an imminent threat to the traditional financial…

NFL Star Odell Beckham Jr's (OBJ) decision to take his $750,000 salary in Bitcoin appears to have cost him dearly due to the market crash after he signed the deal. Owing to the vagaries of cryptocurrency tax laws and current prices, OBJ is estimated by some to have made 61% less than if he’d taken…

Bulls swooped in to buy Ethereum as it dropped to a critical support level and now they’ve set their sights on $590. 310 Total views 1 Total shares Bitcoin’s Dec.8 breakdown to $17,650 weighed heavily on most altcoins and Ether was not spared from the carnage. Daily cryptocurrency market performance. Source: Coin360As the price of Bitcoin…

The Biden deepfake scam highlights the risks of emerging tech and the challenges to safeguard elections.

Bitcoin’s payments for Venezuelan passport applications disabled “temporarily” without official explanation. 870 Total views 30 Total shares Venezuela’s Administrative Service for Identification, Migration, and Foreigners, known as SAIME, recently began to accept Bitcoin (BTC) for passport applications from Venezuelan citizens living abroad. As of today, however, officials have disabled the new payment method without explanation.People…

Leading stablecoin operator Tether has announced it will support crypto podcaster Peter McCormack in a lawsuit against self-proclaimed Bitcoin (BTC) creator Craig Wright.General counsel for Tether and cryptocurrency exchange Bitfinex, Stuart Hoegner, revealed on Nov. 8 that Tether also rejects Wright’s claims of being Satoshi Nakamoto. He explained:“Wright has had myriad opportunities to prove that…

The total Bitcoin mining revenue — block rewards and transaction fees — in U.S. dollars fell down to $11.67 million, a number last seen on Nov. 2, 2020, when Bitcoin’s trading price was around $13,500. 25 Total views 3 Total shares The revenue earned by Bitcoin (BTC) miners fell to two-year lows owing to poor…

What is Avalanche Network (AVAX)?Launched in 2020 by Ava Labs, Avalanche is a blockchain platform that is smart contract-capable. Avalanche aims to deliver a scalable blockchain solution while maintaining decentralization and security, focusing on lower costs, fast transaction speeds, and eco-friendliness.Avalanche quickly became popular in the cryptocurrency space, with Avalanche TVL currently worth $8.41 billion…