Bitcoin awaits US CPI print as options markets see 3.3% BTC price move

Bitcoin whales drove the rally to $48,000 and are aggressively buying, Binance exchange data shows. 3141 Total views 16 Total shares The price of Bitcoin (BTC) rallied to above $48,000 on Feb. 9, and has been consolidating since. Analysts from Material Indicators found that whales were the primary driver of the rally.This is largely considered…

Tesla CEO Elon Musk tweeted on May 13 that the company will stop accepting Bitcoin (BTC) payments for its vehicle purchases, citing “rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal.”  Shortly after the announcement, Bitcoin price dropped by 17% to hit a new local low at $46,000.While Musk’s decision is…

Bitcoin returns to $64,000 for the first time since mid-May as a BTC price rebound gets canceled out in hours.

How worried should international regulators be about the cryptocurrency industry? Not overly, a British financial crime expert has claimed.Therese Chambers — director of retail and regulatory investigations at the United Kingdom’s Financial Conduct Authority — made the argument at the New York University School of Law on March 5, in a speech entitled “The Advancement…

Mark Cuban said he didn’t focus on the price speculation around cryptocurrencies like Bitcoin and Dogecoin, comparing it to “gamesmanship” akin to that of stocks. 381 Total views 23 Total shares Comedian and former Daily Show host Jon Stewart said Dallas Mavericks owner and billionaire Mark Cuban broke down the intricacies of the crypto space…

Is Buterin trying to put a lid on the potato-related excesses of yield farming? Vitalik Buterin said he did not personally engage in any yield farming for tokens on decentralized finance.In a tweet published on Friday, the Ethereum co-founder explained that his only major interaction with yield-bearing DeFi protocols was putting “a few coins into…

In the past year, we’ve seen the crypto economy undergo exponential expansion as heaps of money poured into various cryptocurrencies, decentralized finance (DeFi), nonfungible tokens (NFT), crypto indices, insurance products and decentralized options markets. The total value locked (TVL) in the DeFi sector across all chains has grown from $18 billion at the beginning of 2021…

Belgium’s Financial Services and Markets Authority (FSMA) has updated its blacklist of cryptocurrency-related websites associated with fraudulent activity.The FSMA made the update following a number of complaints from Belgium-based users who dealt with fraudulent offers of investment in digital currencies, according to a Feb. 21 announcement. After the latest revision, the FSMA’s list now includes…