Bitcoin bottom at $94K? BTC traders regroup after 'Kimchi premium' flash crash

Bitcoin faces a key weekly close as BTC price indicators keep bulls' hopes alive when it comes to new all-time highs.

Recent changes to Intelligent Tracking Prevention (ITP) in iOS may have killed burner wallets for iPhone users.Burner wallets are non-custodial wallets that store a user's private key in the browser’s local storage. A change made by Apple to Safari’s Webkit engine meant to enhance user privacy may jeopardize this model.This change will cap “the expiry…

Microsoft has been sending mixed signals when it comes to its true intentions regarding Bitcoin (BTC) as well as the cryptocurrency market in general. On one hand, Microsoft president Brad Smith gave an interview earlier this year, claiming that the multinational was not even the least bit interested in dabbling in Bitcoin, stating that Tesla’s…

A recent article by a Cointelegraph Markets contributor proclaimed that “Bitcoin is the ‘new’ Apple,” explaining just how Bitcoin’s (BTC) price could reach $60,000 by 2023: “Bitcoin hangs near the chasm of the adoption curve, and its price looks similar to Apple’s stock in 2008 before it broke out with a 520% rally.” The technology adoption…

Star Xu, the founder of exchange services provider OKCoin and the world’s second-largest crypto exchange OKEx, has allegedly been detained in China in relation to suspected digital currency fraud, local news outlet Sina News reports September 11.According to the news outlet, Xu is currently being held in the Shanghai Weifang Xincun police station, and will…

The popular DeFi app Celsius Network has publicly launched a $15 million equity offering, selling out over two-thirds of its target in less than six hours. 917 Total views 28 Total shares Pioneering decentralized finance (DeFi) application Celsius Network has launched an equity offering through Bnktothefuture.As of this writing, the campaign has raised over $10.7…

Bitcoin has powered to its highest price since early 2018 as the buying frenzy continues. 3963 Total views 20 Total shares Bitcoin has just powered up to its highest price since January 8, 2018, knocking on the door of $16,000 as FOMO grips the markets once again.In a move upwards that has added more than…