80% of Bitcoin short-term holders back in profit as analyst says 'FOMO in full swing'
While Bitcoin short-term holders’ profit increased, panic selling was also evident around $100,000 despite clear technical support above $95,000.
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Death Spirals and BTC — What Happens When Miners Capitulate?
The stagnation of the cryptocurrency market has put Bitcoin’s (BTC) price at risk of further decline, as it struggles to recover beyond key resistance levels. A descending price increases the probability of the so-called “miner capitulation” occuring, which is said to have triggered the major BTC drop in December 2018.Late last year, the Bitcoin price…

Coinfloor’s CEO Explains Decision to Delist All Crypto but Bitcoin to Cointelegraph
London-based cryptocurrency exchange Coinfloor will delist all cryptocurrencies but Bitcoin (BTC) to focus on Bitcoin only services in January.The United Kingdom’s oldest crypto exchange will delist all cryptos including the second-biggest altcoin Ether (ETH) and Bitcoin Cash (BCH) in conjunction with the 11th anniversary of Bitcoin’s launch on Jan. 3, 2020, Coinfloor said in a…

US crypto custody firm BitGo wins BaFin license in Germany: Report
BitGo originally announced it was setting up two regulated custodial entities in Germany and Switzerland in February 2020. 617 Total views 46 Total shares Major cryptocurrency custody firm BitGo is reportedly expanding its regulatory compliance in Germany more than three years after launching a dedicated local subsidiary.BitGo has obtained a cryptocurrency license from the German

North Carolina House passes bill to commission study on holding Bitcoin
The study would examine the possible impact of holding crypto and how the state would custody a digital currency. A bill that would see North Carolina’s Treasurer study the feasibility and benefits of the state holding Bitcoin (BTC) has passed the lower house of the state’s legislature.On June 28, the House passed the bill which…

Binance halts onboarding of new UK users
The move comes after the Financial Conduct Authority imposed restrictions on its U.K. partner REBS. 414 Total views 2 Total shares Crypto exchange Binance will stop accepting users in the United Kingdom as of 5 p.m. local time on Oct. 16.According to Binance's announcement, the move came after the country's Financial Conduct Authority (FCA) imposed legally

Shawarma connoisseurs serve up perfect recipe for Bitcoin adoption
And they’re out here absolutely schooling non-believers on why crypto is king. 978 Total views 7 Total shares A Canadian restaurant chain known for serving shawarma, hummus, and other Middle Eastern delicacies has dropped some serious truth bombs about why Bitcoin (BTC) is a better store of value than gold.In a series of tweets, Ontario-based…

Bitcoin, crypto ‘dip buy hype’ is now at its highest level in 7 months
Social media mentions of crypto dip buying have rocketed to their highest level since last July amid a crypto market rout that recently sent Bitcoin under $80,000. Santiment's social sentiment tracker found that traders’ discussions on various social media channels like X, Reddit and Telegram between Feb. 25 and 26 are “showing a very high

Ethereum and DeFi are forcing smart contract platforms to evolve
The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s current obsession with liquidity mining, DeFi has grown leaps and bounds over the last year.Most decentralized finance applications are deployed on the Ethereum blockchain, bringing billions of dollars onto the…