Bitcoin ‘as strong as ever’ with record high 200-day moving average
The long-term Bitcoin trend indicators, the 200-day and 200-week moving average, are at the highest-ever levels with Anthony Pompliano saying BTC is “as strong as ever.”
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‘Who the hell’ is Prometheum and what did it say to Congress about SEC compliance?
The relatively under-the-radar crypto company Prometheum has been thrust into the spotlight after a recent testimony from its co-founder before a United States House Committee, discussing crypto regulatory clarity. On June 13, Prometheum founder and co-CEO Aaron Kaplan appeared before the U.S. House at a hearing to discuss providing regulatory clarity to the crypto industry.Contrary…

Smoke and Mirrors as Mainstream Banks Discourage Clients From Crypto
The crypto space and market cap is a small percentage of the trillions invested through the global equities market or the amount that the United States Federal Reserve is able to print. While the promise of blockchain technology and the future of Bitcoin (BTC) has been realized through major traditional players unveiling their own versions…

Bitcoin Ordinals volume dips 98%, OpenSea to disable royalty tool, and Frend.tech hype: Nifty Newsletter
Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.In this week’s newsletter, read about the newly-launched decentralized social media platform Frend.tech, which has gained…

Canadian Crypto Exchange QuadrigaCX Blames Major Bank for Delays
Canada’s largest digital currency exchange QuadrigaCX is blaming legal action from a major bank for delays when customers cash out funds, the Globe and Mail reported Oct. 8.Vancouver-based crypto exchange QuadrigaCX was launched in 2013 and is known as the first exchange in Canada to be licensed by the Financial Transactions and Reports Analysis Centre…

Bitcoin price falls below $20K for first time since 2020, Ethereum dips under $1K
Bitcoin (BTC) achieved a bear market first on June 18 as BTC price action gave up $20,000 support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price crosses under 2017 all-time highData from Cointelegraph Markets Pro and TradingView confirmed BTC/USD sliding under $20,000 for the first time since December 2020, reaching press-time lows of $19,066.As nerves heightened after…

Point of no return? Crypto investment products could be key to mass adoption
The first Bitcoin (BTC) futures exchange-traded fund (ETF) was launched in the United States back on October 19, 2021. Since then, a number of other cryptocurrency investment products have been launched in various markets.That first ETF, the ProShares Bitcoin Strategy ETF, quickly became one of the top ETFs of all time by trading volume on…

Bitmain Co-Founder Launches Another Lawsuit to Regain CEO Role
Micree Ketuan Zhan, the co-founder of leading mining hardware producer Bitmain launched another lawsuit in an attempt to regain his position as the CEO of the firm.According to a court filing in Fujan province, Zhan initiated a lawsuit against Bitmain’s subsidiary Fujian Zhanhua Intelligence Technologies and Beijing Bitmain Technologies.A hearing on the case was initially…

Iceland: Draper Associates Leads $5 Million Funding Round for Blockchain-Based ID Platform
Iceland’s blockchain-based identity verification platform Authenteq has raised $5 million in a funding round led by Draper Associates and Capital300, the American tech website VentureBeat reports on Jan. 14.Following the two-week funding round, the company revealed its intention to conduct the second closing of the Series A financing for additional investors in the coming weeks.The…