4th time's the charm? Bitcoin tags $68K in attempt to break 217-day downtrend

A crypto investment advisory firm ranks commonly discussed halving scenarios and proposes one of its own. On May 4, CoinShares Research put out its ranking of the likelihood of various halving scenarios as well as their potential impact on the industry.Bitcoin (BTC) halving has captivated the imagination of the crypto industry and there is no…

A new bill in Germany could enable banks to support the sale and custody of Bitcoin (BTC) and other cryptocurrencies by 2020.German news agency Handelsblatt reported on Nov. 27 that the bill now requires consensus from the country’s 16 states, having successfully passed through the Bundestag, the German federal parliament.Germany on its way to becoming…

For the most part, nonfungible tokens (NFTs) have two primary use cases: Buying and selling digital products (digital art, virtual fashion items) and building digital communities (exclusive memberships, access to events). These use cases can be easily adopted by brands and companies, such as fashion brands selling digital clothes, various companies offering NFT-based club memberships and

It’s been an interesting couple of days for a number of exchanges which were hoping to get the green light to launch various Bitcoin exchange-traded funds (ETFs). On Aug. 22, the U.S. Securities and Exchange Commission (SEC) released its verdict on nine separate ETFs submitted by three applicants, ProShares, Direxion and GraniteShares. The move denied…

Analysts from Insider Intelligence believe that crypto’s transactional value will increase by 70 percent in 2022. 226 Total views 5 Total shares The number of adults in the United States who will use crypto to make purchases in 2022 will increase to 3.6 million, according to a research firm.A report published by Insider Intelligence shows…

CME Bitcoin (BTC) futures and options markets are set to mature this Friday and traders are closely watching to see how spot prices will react to this event. The contracts expire every two months and according to market analysts, they negatively influence BTC’s price in spot markets. In fact, recent data from Cointelegraph and Arcane…

New York-based white label exchange provider AlphaPoint has raised a further $5.6 million from investors to help scale its exchange technology.AlphaPoint’s tech is currently used as the backend for 150 exchanges across 35 countries, servicing more than a million end users. The funding will be used for platform development and to roll out more sophisticated…

The move comes as several prominent Chinese blockchain executives have been arrested this year. 356 Total views 3 Total shares After a surge in personal identity thefts and digital financial crimes, Chinese police are more closely scrutinizing the Web3 sector.During a press conference hosted by China’s Ministry of Public Security on Aug. 10, Jinfeng Sun,…

Technology innovations such as software programming, coding, apps and AI development, and computing and communications hardware manufacturing will be exempted from taxes in El Salvador. 280 Total views 5 Total shares Own this piece of history Collect this article as an NFTEl Salvador, the first country to establish Bitcoin (BTC) as a legal tender, made…