Bitcoin analyst: $100K BTC price by February 'completely within reason'

A Bitcoin mining company owned by Russia’s internet ombudsman is planning to open a new facility and corner 20% of the international market.Internet ombudsman targets BTCAs local financial news outlet RBC reported on Oct. 29, Russian Mining Company (RMC) plans to repurpose a metal factory in the country’s northern province of Karelia. Closed due to US…

The new entrant into DeFi lending hopes to stand out with unique collateral types and features 1161 Total views 10 Total shares HiFi — the DeFi-focused recent-rebrand of onetime dApp platform Mainframe — is announcing today the launch of a fixed-rate DeFi lending platform. “Fixed-rate lending is an important milestone for DeFi,” said HiFi CEO Doug…

Overstock’s blockchain arm tZERO will provide its technology to tokenize River Plaza, a luxury residential development in Manchester, United Kingdom.Following a partnership with U.K.-based real estate investment firm Alliance Investments, tZERO plans to tokenize at least $25 million of River Plaza on the Tezos blockchain, according to a press release on Oct. 30.A 180-unit luxury…

In early October, the U.S. Department of Justice revealed its Cryptocurrency Enforcement Framework, a report laying bare the government’s vision for emerging threats and enforcement strategies in the cryptocurrency space. The document is an important source of insight into how the laws governing digital finance will be soon implemented on the ground.One of the fundamental…

The bank facilitated $142 billion worth of transfers between crypto exchanges and financial institutions in Q1. 233 Total views 5 Total shares On Tuesday, Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, announced its results for the first quarter of 2022. During this period, its revenue and net income grew by 93% and…

Telegram Open Network’s (TON) blockchain will allow developers to port their Ethereum (ETH) smart contracts.As industry news outlet CoinDesk reported on Aug. 30, software startup TON Labs managed by Telegram’s token offering investors is building a Solidity compiler for its blockchain. This programming language is primarily used to develop smart contracts in the Ethereum network.Assembly…

After nine successive weeks of red weekly candles, Bitcoin (BTC) printed a green weekly candle on June 5. Leading into this week, buyers kept up their momentum with a strong weekly open that boosted BTC price to $31,800.Going forward, traders might keep a close eye on the Consumer Price Index (CPI) data for May which is…

The initiative launched by Europol has stopped $630M+ in ransomware demands since 2016. 893 Total views 7 Total shares The No More Ransom decryption tool repository, an initiative launched by Europol to combat ransomware attacks, has saved individuals $632 million in ransom demands since 2016.According to the announcement published by Europol, the repository is celebrating…

Bitcoin (BTC) is "confirming" a bear market because whales are still sending large amounts of BTC to exchanges.That's according to Ki Young Ju, CEO of on-chain analytics service CryptoQuant, who on June 21 warned over the "very uncertain" current state of Bitcoin. Too many whales spoil the market?Uploading a chart of the so-called "Whale Capitulation Index,"…