Bitcoin analysts brace for 6 figures as BTC price seals $93.5K record

The price of Bitcoin (BTC) dipped below $56,000 on March 21 after repeated rejections by the $60,000 resistance level throughout the past four days.BTC/USD 1-hour candle chart. Source: TradingviewDespite getting closer to cleanly breaching past the key technical level, Bitcoin has been showing weakness in the $59,000 to $60,500 range.There are three major reasons behind…

Developers of the TON blockchain are still considering deployment, despite injunctive ruling by the U.S. court.Fedor Skuratov, a spokesperson for TON Labs, the organization behind the TON blockchain, told Cointelegraph that the recent unfavorable decisions by the U.S. court did not catch them by surprise:“The community was ready for this (or another) scenario. We have…

In a series of twitter posts published Jan. 27, decentralized finance (DeFi) investigator zachxbt seemingly unveiled the true identity of previously anonymous QuadrigaCX co-founder Michael Patryn, doxxing him to be that of @0xSifu, the founder of DeFi protocol Wonderland.1/ This needs to be shared @0xSifu is the Co-founder of QuadrigaCX, Michael Patryn. If you are…

Sam Bankman-Fried no longer ranks in the top 500 on Bloomberg’s billionaire index, but CZ remains at rank 87. 309 Total views 2 Total shares Crypto billionaire Sam Bankman-Fried may not be able to claim the "billionaire" accolade anymore after an estimated 94% plummet in his personal wealth overnight, according to the Bloomberg Billionaires Index.Bankman-Fried…

The US dollar has long reigned as the world’s primary reserve currency and the default choice for global trade and international transactions. But its dominance is now facing growing scrutiny as shifting geopolitical and economic forces—and concerns over the potential weaponization of the greenback—push more countries to accelerate efforts to loosen their dependence on the

The author of the Ethereum whitepaper, Vitalik Buterin, believes rollups will solve Ethereum’s scaling woes until the introduction of Eth2 sharding. 3945 Total views 36 Total shares Ethereum co-founder, Vitalik Buterin, believes the network is on the verge of scaling by a factor of 100, predicting the Optimism will release its layer-two solution in the…

The potential benefits and applications of smart contracts go well beyond what their name suggests, the co-founder and CEO of blockchain software firm Blockstack has argued.In an interview with Cointelegraph on June 12, Dr. Muneeb Ali, who holds a Ph.D in computer science from Princeton University, said:“Just like cloud computing had implications for a broad…

Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users. 197 Total views 9 Total shares The Bank of Korea (BOK) — South Korea’s central bank — has said it will invite 100,000 Korean citizens to purchase goods with deposit tokens as

Michael Novogratz’s cryptocurrency investment bank Galaxy Digital has gained approval from the Financial Industry Regulatory Authority (FINRA) to underwrite registered public offerings of securities.As reported by Bloomberg on Sept. 6, the company has its sights on facilitating security token offerings, or STOs.FINRA is a non-governmental private organization that acts as a self-regulatory body for member…