3 reasons why Bitcoin (BTC) struggles to hold $64.5K

Top Stories This Week SBF’s $250M bail guarantors should be made public, rules judge The identities of two individuals who helped former FTX CEO Sam Bankman-Fried with his $250 million bail bond could be revealed next month following a recent ruling by United States District Judge Lewis Kaplan. Bankman-Fried’s legal counsel has until Feb. 7…

Crypto entrepreneur and regular contributor to CNBC, Brian Kelly, claimed that there is no chance for a Bitcoin (BTC) exchange-traded fund (ETF) approval in 2019. Kelly made his remarks in an interview with Cointelegraph at the Crypto Finance Conference, Switzerland, Jan. 18.Discussing the overall state of the cryptocurrency market, Kelly predicted that 2019 will turn…

No, the blockchain is not in your car. Luxury carmaker Groupe Renault tested its blockchain project aimed to ease compliance certification of vehicle components. The project, Extended Compliance End-to-End Distributed, or better known as XCEED, grew out of Renault’s partnership with other companies to develop a blockchain supply-chain solution by sharing data. It’s built on the…

The three projects raised a collective $77.7 million, underscoring investor appetite for all things blockchain and cryptocurrency. 2528 Total views 15 Total shares Blockchain projects Rally, GlobeDX and SingularityDAO concluded highly successful private sales this week, offering further evidence that smart-money investors were still eyeing up-and-coming digital asset plays. Rally, the so-called “crypto for creators” platform,…

Decrypt, a major cryptocurrency and blockchain publication funded by ConsenSys, is launching a new token to reward users for engaging with its content.The new Ethereum-based Decrypt token will allow Decrypt readers to earn rewards in return for reading and sharing articles as well as other types of interactions with the company’s content. As officially announced…

The crypto was dormant in the account for over seven years and with the move, a majority found its way to personal wallets. 1153 Total views 46 Total shares A crypto wallet belonging to the shutdown crypto exchange BTC-e has just moved 10,000 Bitcoin (BTC), currently worth over $165 million, to various exchanges, personal wallets,…

Digital asset investment managers 3iQ introduced ETH market exposure to Canada’s stock traders and investors on Thursday. 1996 Total views 10 Total shares The world’s first Ethereum-based fund to be listed on a major stock exchange opened for trading on Thursday, but not without some hiccups. Listed on the Toronto Stock Exchange, The Ether Fund…

A fledgling blockchain-based game project called Illuvium has already managed to attract support from major industry backers — a development owed in part to the fact that Illuvium co-founders Kieran and Aaron Warwick are the brothers of Kain Warwick, the co-founder of decentralized finance (DeFi) platform Synthetix.In a tweet on Friday, Kain announced that “after…

The trader bought 70,000 Bitcoin during the FTX collapse when the price varied between $40,000 and $16,000. 432 Total views 1 Total shares A Bitcoin whale known as “Spoofy” acquired more than $340 million worth of BTC on the Bitfinex exchange as Bitcoin’s price dropped below $90,000. On Feb. 27, community members reported that the