Bitcoin battles key resistance as trader flags $100K BTC price 'magnet'

Bitcoin’s (BTC) consistent failure to break the $9,400 level over the past three weeks has led to some analysts becoming skeptical about the chance of a positive breakout. Although the $9,000 support has been holding strong for the past 50 days, any slightly negative indicator tends to get more attention from media and pundits. Recently, crypto media…

As the price of DOGE surged eight-fold within a day, the volume of Dogecoin surpassed Bitcoin's on Binance. 350 Total views 5 Total shares Dogecoin (DOGE) briefly surpassed Bitcoin (BTC) in daily volume on Binance at over $5 billion on Jan. 29. This is a first for Dogecoin, and it happened as the price of DOGE…

Tether, USD Coin, and Binance USD have posted triple-figure market cap growth this year. 401 Total views 10 Total shares Crypto market data aggregator Messari reports that the market cap of leading stablecoin Tether (USDT) has surpassed $10 billion for the first time.Alongside Bitcoin (BTC) and Ethereum (ETH), Tether is now one of three crypto…

It seems to be the season of giving, and Bitcoin is doing just that, at least for its institutional backers, such as MicroStrategy, Galaxy Digital, Square and Marathon Patent Group, which got in somewhat early on the BTC gravy train.In this regard, PayPal revealed on Feb. 4 that its fourth-quarter profits for the year 2020…

The exchange assured users in a series of Tweets that withdrawals should be moving along and matching engines are running as they should - though some users didn’t buy it. 484 Total views 6 Total shares Cryptocurrency exchange FTX took to Twitter to address user complaints surrounding sluggish withdrawals. FTX assured users that everything is…

In June, Nigeria’s Federal Inland Revenue Service dropped charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla.

United States Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo says that blockchain technology would have allowed for a “far faster, better-informed, and more calibrated regulatory intervention” in response to the 2008 financial crisis.Giancarlo made his remarks during a speech —  entitled “The New Futurism: 21st Century Financial Markets, Technology and Regulation” —  which…

While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure. 56 Total views 2 Total shares Hong Kong regulators are looking to tighten the noose around the crypto market after arresting six individuals following allegations of fraud around an unlicensed crypto exchange, JPEX. The government intends to increase