Bitcoin analysts say BTC is in a ‘good position’ above the 200-MA and $65K
Bitcoin’s strong rally puts it in a “good position” where the 200-MA and $65,000 level could potentially serve as a new level of support.
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Crypto criminals are getting more adaptive and smarter than ever before. But how can industry service providers keep up with them? If I say that the crypto industry is highly targeted by cybercriminals and, in particular, organized criminals, I’m sure that no one who has spent a few months within the space would be surprised.…
Report: Bitcoin Use in Payments Collapsed This Year
Bitcoin (BTC) use for commercial payments has reduced significantly this year, according to a study by Chainalysis cited by Reuters Nov. 20.To prepare the study, Chainalysis reportedly surveyed 17 Bitcoin payment processors. The amount of BTC handled by major payment processors reportedly dropped by almost 80 percent from the beginning of the year to September.The…
A Polkadot-Based Project Wants to Unlock Staked Coins for DeFi Collateral
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US trustee challenges FTX reorganization plan, citing legal concerns
The objections raised by the US trustee and the creditor group are likely to play a significant role in the court’s deliberations.
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Double-digit drop in Bitcoin profit-taking metric hints it’s ‘ready’ to rally — Analyst
Bitcoin investors realized profits as BTC price hit new all-time highs throughout November. Now that the metric has reset, new highs could be in store.
Second Stimulus Check Coming, But Will Americans Use it on Crypto?
Americans who invested the entirety of their first $1,200 stimulus checks in Bitcoin have seen more than a 40% return as BTC passes $10,200. 727 Total views 12 Total shares U.S. residents who invested their first stimulus checks in Bitcoin have seen a 45.5% return, from $1,200 in April to roughly $1,746 at the time…
Weak stocks and declining DeFi use continue to weigh on Ethereum price
Ether’s (ETH) 12-hour closing price has been respecting a tight $1,910 to $2,150 range for twelve days, but oddly enough, these 13% oscillations have been enough to liquidate an aggregate of $495 million in futures contracts since May 13 according to data from Coinglass.Ether/USD 12-hour price at Kraken. Source: TradingViewThe worsening market conditions were also…