Bitcoin analyst sees 'several more weeks' before BTC price breaks $70K

Bulls have something to celebrate after a classic on-chain metric prints its first major divergence in months. 465 Total views 15 Total shares Bitcoin (BTC) may have stopped short of $40,000, but this week’s gains have helped spark a more significant breakout for underlying price strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI breaks a two-month…

According to an internal memo reportedly circulating within X, the company is now valued at just $19 billion. 486 Total views 6 Total shares Elon Musk’s social media platform, X (formerly Twitter), is worth less than half of what the tech billionaire bought it for in October last year, an internal memo has reportedly revealed.According

Blake Cassidy sees a brain drain from Australia since the ASX is not keen on listing crypto companies. 595 Total views 18 Total shares Blake Cassidy, CEO of Australian micro-investment app Bamboo, has claimed that the Australian Securities Exchange’s (ASX) bias against listing crypto companies is causing an Aussie brain drain leading firms to seek…

As the cryptocurrency market finds its legs in mid-2019, an unfortunate undercurrent persists vis-à-vis the floundering New Zealand exchange Cryptopia. Its one-time international popularity and solid reputation have already been ruined after the exchange dragged its feet on revealing a January hack, which cost its users somewhere in the region of $16 million in cryptocurrency…

Amid November’s 42% Bitcoin rally, roughly 185,600 BTC that hadn't moved in at least 12 months was transferred on-chain. 2883 Total views 4 Total shares The November BTC rally to test all-time price highs saw more than 1% of Bitcoin’s supply move out of long-term storage.According to Unchained Capital’s ‘hodlwaves’ metric, which measures the time…

Bitcoin is making analysts nervous as $69,000 support fails to hold yet again — but a BTC price turnaround is still on the radar.

Authorities recently took an Ohio local into custody recently for accusations of running an unlawful money laundering outfit on the Dark Web. The alleged operator of an illegal business called Helix, Larry Harmon faces accusations of money laundering and running a money transference venture without proper licensing, the Department of Justice, or DoJ, detailed on Feb.…

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.  After ThorCHAIN and Chainswap were exploited, it’s safe to say that hacking cross-chain bridges seems to be the style of the season. This week,…

Saturday, June 8 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) falls under the $7,900 mark.Market visualization courtesy of Coin360Bitcoin is down nearly 3% on the day, trading around $7,870 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin…