Bitcoin bulls run risk of ‘Bart Simpson’ BTC price dip to $62K

More demand could just mean bigger correlations to traditional markets, the bank’s researchers say. 278 Total views 4 Total shares Bitcoin (BTC) and cryptocurrency adoption may not necessarily make its price higher in dollar terms, Goldman Sachs argues.In a note seen by Bloomberg published Thursday, the international banking giant claimed that mainstream acceptance of crypto…

Though the announcement came as a surprise to many users, OKX has been winding down features in the Nigerian market for months.

The governor of the Bank of England acknowledged that the U.K. is considering the issuance of a CBDC. 1068 Total views 19 Total shares The Bank of England is considering issuance of a CBDC according to its governor, Andrew Bailey.Bloomberg reports that during a student webinar, the head of the Bank of England acknowledged that…

No customers' funds or information were impacted, according to the company. Coinbase's engineering team believes the attack is associated with a sophisticated phishing campaign. 462 Total views 8 Total shares Own this piece of history Collect this article as an NFTCrypto exchange Coinbase experienced a cybersecurity attack targeting its employees on Feb. 5. The attack…

Fortress Investment Group has increased its offer to purchase claims from creditors who lost money in the infamous $480 million Mt. Gox hack. The group, which aims to profit by eventually recovering the Bitcoin (BTC), upped its offer on the cryptocurrency to 88% of the estimated account value.Cointelegraph has reported previously how Fortress calculated offers…

The federal judge overseeing Terpin v. AT&T — a legal battle pertaining to stolen crypto via SIM-swapping that has been going on for almost a year — has denied the telecom giant’s motion for dismissal.As previously reported by Cointelegraph, investor Michael Terpin had sued AT&T for $224 million. Terpin reportedly lost $24 million as a…

A peer-to-peer marketplace based on PowerLedger's blockchain technology will enable consumers and prosumers to trade their surplus rooftop solar energy. 2231 Total views 13 Total shares Tata Power DDL, a leading electricity distribution company that serves over seven million residents in North Delhi, is piloting a solar energy trading project together with Australian blockchain firm…

One of Australia’s biggest banks is still wading through a sea of red tape spun by local financial regulators before launching its crypto products to all of its retail users. 52 Total views 9 Total shares Financial regulators are standing in the way of expanded crypto services on Commonwealth Bank of Australia’s (CBA) mobile app.…

USD Coin continues to capture stablecoin market share, with Tether’s stable token dominance falling below 75% for the first time ever. 174 Total views 4 Total shares The sands are shifting in the stablecoin ecosystem, with Circle’s USD Coin quickly eating into the dominance of the sector’s leader, Tether.According to a Feb. 1 report from…