Bitcoin back to $90K next? Traders diverge on BTC price pullback odds

Cryptocurrency hardware wallet manufacturer Bitfi has officially closed its bounty program, according to an August 30 tweet, in addition to removing the “unhackable” claim from the wallet’s marketing materials.In its statement, the company admitted "vulnerabilities," and yet avoided speaking about multiple alleged hacks of the device. Bitfi also confessed to hiring a "Security Manager who…

Popular stock and cryptocurrency trading app Robinhood has surpassed its financing goals by raising $280 million Series F funding at an $8.3 billion valuation. 1970 Total views 35 Total shares Popular stock and cryptocurrency trading app Robinhood has surpassed its financing goals by raising $280 million in Series F funding at an $8.3 billion valuation.Publicly…

The new mobile wallet, called Bitkit, was unveiled at the PlanB Forum conference in Lugano, Switzerland on Oct. 29. 222 Total views 12 Total shares Bitcoin and Lightning Network service provider Synonym has launched a new BTC-focused mobile wallet it says could enhance the user experience for holders of the flagship digital currency — and…

When Gavin Wood co-founded Ethereum, he stated that it would “allow people to interact in mutually beneficial ways without anyone needing to trust each other.” In theory, such a platform would pave the way for Web3, characterized by decentralized or distributed network architectures, that would lay the groundwork for a truly open internet where we…

Bitcoin price action will stay stuck in the lower half of its macro range unless two key moving averages can flip to support. 2170 Total views 42 Total shares Bitcoin (BTC) may have rebounded strongly in recent days, but its journey to new highs is only just beginning — and far from guaranteed, a new…

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.  Much like last week, China’s minor COVID flareups dominated the headlines as the country seeks to avoid more serious lockdowns. Cryptocurrency managed to stay…

Even opportunities to “buy the dip” match up — almost to the day — with Q4 2017. 1191 Total views 21 Total shares Bitcoin (BTC) has dipped below $60,000 — but BTC price action is still mimicking the eye-popping 2017 bull run.The latest data covering Bitcoin’s current halving cycle versus its previous one shows just…

BitOasis has partnered with the Dubai Police Force to establish safety regulations around crypto investments in the region, according to the exchange's CEO. BitOasis, a cryptocurrency exchange from the United Arab Emirates, has partnered with the Dubai Police Force to raise awareness about frauds related to crypto investment and trades.The exchange’s partnership with the Dubai…

The primary financial regulator of the United Kingdom, the Financial Conduct Authority (FCA), reports that crypto investors in the country lost over $34 million due to cryptocurrency and forex scams from 2018–2019 the Financial Times reports on May 20.According to the data, which the FCA gathered from the U.K. national fraud and cybercrime reporting center,…