Bitcoin ‘buys the rumor’ on US debt ceiling as BTC price nears $27.5K

Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.”

Bitcoin (BTC) corrected as low as $10,380 before rebounding above $11,000 on June 27 as commentators remain highly bullish about the market’s potential.Market visualization courtesy of Coin360Data from Coin360 showed the bitcoin price dipping down from recent highs of $13,800 in a pullback many had anticipated. BTC/USD gained rapidly throughout this week and last, adding thousands…

It is understood that Sam Bankman-Fried and two former FTX associates are currently being detained by Bahamian authorities. 1060 Total views 2 Total shares FTX former CEO Sam Bankman-Fried, co-founder Gary Wang and director of engineering Nishad Singh are understood to be in the Bahamas and are “under supervision” by the local authorities. The source familiar…

Coinbase’s legal battle for regulatory clarity over the trading of digital crypto assets saw a development as a U.S. court responded to its complaint against the SEC. 755 Total views 10 Total shares Own this piece of history Collect this article as an NFTAccording to a May 4 announcement from Coinbase chief legal officer Paul…

From sitting in his car crying before work every morning to becoming a successful digital artist, the story of Australian-based VR painter and sculptor Giant Swan is one of persistence, timing and pushing boundaries.  In a world where a digital artist can now monetize their work through NFTs as opposed to cheap likes and comments on…

Ryan Selkis, the CEO of crypto market analysis software firm, Messari, and long-time cryptocurrency commentator, has reportedly been shadow-banned on Twitter for his coverage of the coronavirus pandemic.Messari runs a tracking service that provides updates on the number of coronavirus cases globally, including state/provincial data for several countries.Ryan Selkis and Messari Appear to Stoke Twitter’s…