Bitcoin bulls grill $68K as US rebound lifts BTC price 7% in a day
BTC price targets now feature the 2021 all-time highs of $69,000 as optimism on Bitcoin mounts.
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IRS claiming $44B from FTX bankruptcy: Report
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research. 323 Total views 2 Total shares The United States Department of Treasury and Internal Revenue Service (IRS) have filed 45 claims worth $44 billion against bankrupt cryptocurrency exchange FTX and its subsidiaries.In what appears to be a tax…
Bitcoin correction weakest of 2021 so far, as hopes of Santa Claus rally rise
In previous bull market cycles, there has been a measurable correction before a rally at the end of the year — and if history rhymes it could be on the cards again.We’ve certainly experienced the correction: Bitcoin hit an all-time high of around $69K on Nov. 10 and has retreated around 17% to current levels.Some…
Crypto ‘en français’: ‘Cointelegraph France’ is now live
The official introduction of Cointelegraph France is taking place at the Paris Blockchain Week Summit, a flagship European blockchain event. 96 Total views 5 Total shares Cointelegraph is delighted to announce the launch of its French edition, Cointelegraph France, providing the latest cryptocurrency and blockchain news en français and marking another historic milestone in the…
Here’s why the SEC keeps rejecting spot Bitcoin ETF applications
It is not the first time the U.S. Securities and Exchange Commission (SEC) rejected proposals for a Bitcoin spot exchange traded product (ETP), but efforts continue to be made by different financial institutions. The recent attempt made by Cboe BZX Exchange on Jan. 25 to list the Fidelity Wise Origin Bitcoin Trust as a Bitcoin…
Bitcoin Recovery Breaks Back Over $10,000
Wednesday, July 31 — After falling below the $10K barrier on July 27 and splashing around in the mid-$9,000s for the intervening days, Bitcoin (BTC) is back in the five figures as of 3:15 PM UTC.Infographic courtesy of CoinMarketCapAfter starting the day around the $9,500 price point, BTC has seen steady increases on the day…
FTX.US job posting reveals blockchain gaming unit in the works
The FTX gaming unit is a part of company's $100 million commitment towards building the blockchain gaming industry. 262 Total views 3 Total shares FTX.US, the American arm of the global crypto derivative and spot exchange FTX, seems to be launching a new blockchain gaming unit.As per a job posting by the crypto exchange, the…
Bitcoin suddenly crashes below $19K after all-time high sparks wild volatility
BTC price trims $1,600 in under two hours thanks to pressure from sellers near $20,000, while Ether also tanks below $600. 5295 Total views 15 Total shares Bitcoin (BTC) continued an intense day of volatility on Dec. 1, hitting lows of $18,400 just over an hour after challenging $20,000 and breaking a new all-time high.Cryptocurrency…
El Salvador celebrates Black Friday, buys 100 BTC for 20% off
With the addition of the 100 coins today, El Salvador holds 1,220 BTC, worth roughly $66.3 million following the crypto asset's drop to the $54,000s. 1167 Total views 25 Total shares Salvadoran President Nayib Bukele bought the dip again, investing more than $5 million into Bitcoin as the price dropped under $54,000 Friday.In a Friday…