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

At a recent B2B event in Turkey, suit-clad men and women from traditional financial institutions and the public sector stood in line to take a selfie with a guy in a hoodie.That guy, Binance CEO Changpeng “CZ” Zhao, found time to attend the annual Turkish Capital Markets Summit in Istanbul, Turkey on Nov. 19. Between…

According to an executive, cryptocurrency exchange Bitfinex is planning to launch options and a gold-backed stablecoin, among a host of new products.New range of productsIn a Nov. 12 appearance on the Scoop, Paolo Ardoino, CTO of Bitfinex and Tether, told the Block that Bitfinex is considering launching options trading, while also taking a closer look…

U.S. manufacturer of household cleaning supplies SC Johnson and environmental organization Plastic Bank will open several plastic recycling centers in Indonesia, offering locals tokens for waste collection, according to a press release published Sunday, Oct. 28.SC Johnson, which owns such brands as Glade, Ziploc and Mr. Muscle, has revealed recent scientific data on the plastic…

“For all the reasons it’s a strong developing asset class, it may fail,” said the former Goldman Sachs president. 1547 Total views 18 Total shares Gary Cohn, the former president of Goldman Sachs and former chief economic adviser to Donald Trump, believes that Bitcoin may not hold long-term prospects for investors. In an interview with Bloomberg…

Nearly $1 billion worth of Bitcoin (BTC) futures contracts were liquidated on Jan. 13, a day after the big shakeout. The continuous loop of liquidations is causing extreme volatility and large price swings in the cryptocurrency market.Total Bitcoin liquidations. Source: Bybt.comWhat are futures liquidations, and why are so many Bitcoin positions being liquidated?In the Bitcoin…

Ferrari debuted cryptocurrency payments for its cars in the United States in 2023, partnering with a major local payments provider, BitPay.

The United States intelligence community is seeking a researcher to model risk scenarios for how and why the dollar could lose its global supremacy, and how best to respond.The role was advertised on Feb. 14 by the Office of the Director of National Intelligence (ODNI). The successful candidate will be tasked with evaluating threats to the…

Blockstream CEO Adam Back recently said that institutional money is not needed to propel Bitcoin (BTC) to $300,000 within five years. This is partially because the current financial situation could drive retail traders to look for alternative investments to preserve the value of money in a time where there is a lot of money printing…

State Representative Dennis Powers introduced a new bill into Tennessee’s state legislature on March 3 spurring the study of blockchain technology.The bill asks the Tennessee Department of Financial Institutions to dive into research on blockchain and applications for “related technology” in finance and propose changes to any regulations standing in the way of the technology’s…