Bitcoin carves out a bottom, opening the door for KAS, MKR, AR and NOT to rally
Bitcoin price climbs back above $60,000, opening the door for KAS, MKR, AR and NOT to move higher.
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Bitcoin futures premium falls to lowest level in a year, triggering traders’ alerts
The price of Bitcoin (BTC) increased by 14.4% between March 12-13 after it was confirmed that financial regulators had rescued depositors in the failing Silicon Valley Bank (SVB). The intraday high of $24,610 may not have lasted long, but $24,000 represents a 45% increase year-to-date.On March 12, U.S. Treasury Secretary Janet Yellen, Federal Reserve Chairman…
Singapore saw 13x jump in crypto investments in 2021: KPMG
KPMG forecasts that Singapore's crypto investment will remain strong this year with increasing regulatory scrutiny. 563 Total views 5 Total shares Singapore has seen a tenfold increase in crypto-related investments last year worth $1.48 billion, up from $110 million in 2020, according to KPMG's Pulse of Fintech report.As per the study, the city-state has long…
3 BTC price hurdles Bitcoin bulls are failing to clear in 2023
Bitcoin (BTC) is up 42% since the start of 2023, but short term, the outlook may now favor the bears.The latest data paints a problematic picture for BTC price action — investors are greedy, but the mainstream is far from ready to buy.After January’s 40% surge, BTC/USD is having trouble reaching for resistance higher up…
Elad Roisman appointed acting chairman of SEC, according to Hester Peirce
President-elect Joe Biden will likely announce Clayton's permanent replacement shortly. 179 Total views 3 Total shares Elad Roisman will take over as Chairman of the United States Securities and Exchange Commission effective immediately, according to Commissioner Hester Peirce.Peirce broke the news on Twitter Thursday morning, where she congratulated Roisman for his appointment.Congratulations, Chairman Roisman! I…
Bitcoin mining difficulty surges 31% since July
Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs. 303 Total views 3 Total shares As the Bitcoin (BTC) network hashrate continues recovering amid global miners accumulating more capacity, the cryptocurrency is getting increasingly difficult to mine.On Sept. 21, the Bitcoin network posted another mining difficulty adjustment,…
Bitcoin miners still bullish despite toughest bear market yet – Hut8, Foundry, Braiins
Bitcoin (BTC) miners have been up against the ropes over the past year, with record amounts of BTC sent to centralized exchanges to cover costs in 2023.As Cointelegraph previously reported, the Bitcoin mining ecosystem has had an eventful year. The industry scored a staggering $184 million from transaction fees in the second quarter of 2023, eclipsing…
What criminal charges for Celsius ex-CEO mean for crypto industry
Celsius was one of the top lenders in the crypto ecosystem during the bull market in 2021. At its peak, it served 1.7 million customers and managed $25 billion in assets.All that came crashing down in June 2022 amid major flaws in the company’s working structure.The bear market in 2022, especially the Terra ecosystem implosion…
Buterin Needs Bitcoin Cash: Scaling Ethereum Before Sharding, Casper
The Ethereum (ETH) team is actively looking for solutions that may help scale the blockchain network, as reported by Cointelegraph on July 15. Co-founder of Ethereum Vitalik Buterin is now considering third-party blockchains that have lower commission rates for transferring information. According to him, the Bitcoin Cash (BCH) blockchain could cope well with this task.…