Bitcoin back above $65K as traders shake off Mt. Gox BTC transfers

When asked about CBDCs during a conference on transportation, Kashkari had a response on the tip of his tongue, and it wasn’t encouraging for CBDC fans. 208 Total views 1 Total shares President of the Minneapolis Federal Reserve Bank Neel Kashkari participated in a fireside chat at the Minnesota Transportation Conference & Expo on May…

Short-term analysis sets a $2,400 price target for ETH, but data shows smart money continues to accumulate in anticipation of the Merge. 601 Total views 4 Total shares The upcoming Ethereum merge is one of the most widely discussed topics in the crypto sector and analysts have a wide range of perspectives on how the transition…

There’s a ferment brewing with regard to central bank digital currencies (CBDCs), and most people really don’t know what to expect. Varied effects seem to be bubbling up in different parts of the world. Consider: China’s e-CNY has already been used by 200 million-plus of its citizens and a full rollout could happen as early as…

Bitcoin liquidity is declining, data from Glassnode shows, which could propel BTC price even higher. 2314 Total views 15 Total shares Bitcoin is becoming more difficult to buy, according to analysts at Glassnode. The amount of BTC received and spend among entities is decreasing, which means the liquidity is declining.If Bitcoin (BTC) liquidity is low,…

The “failed” blockchain games are those that have seen their 14-day moving average number of active users down more than 99% from its peak. 394 Total views 4 Total shares More than three-quarters of all blockchain games launched in the last five years are dead in the water, according to a recent study from CoinGecko.Out

The Government Accountability Office highlighted blockchain’s ability to streamline and improve annual reporting, facilitate safe loans and monitor business development progress. The United States Government Accountability Office (GAO) found that blockchain technology can help facilitate oversight of various programs run by the Small Business Administration (SBA).The GAO explored the potential use of blockchain in SBA…

Bitcoin’s repeat visit to the sub-$37,000 range is re-enforcing analysts’ view that BTC is either set for a lengthy consolidation or further downside. 611 Total views 3 Total shares The crypto market is once again in the red on Feb. 2 as global financial markets continue to see increased volatility. Data from Cointelegraph Markets Pro and…

What a statement from a coin whose white paper originally proclaimed it as “a privacy-centric cryptographic currency." 946 Total views 5 Total shares Once viewed as one of the crypto industry's top privacy-focused assets, Dash (DASH) no longer operates under that classification, according to the Dash Core Group, the body overseeing the asset and its development. When…

Bitcoin (BTC) has consistently been hitting new all-time highs over the weekend, but the latest surge has also created a new high against gold, according to MarketWatch data. This suggests that Bitcoin has been gaining acceptance as the new store of value and that may attract more customers away from gold into Bitcoin. Analysts suggest that…