Bitcoin ‘cascading long squeeze’ to blame for slump to $60K
An increasing number of traders entering new long positions was the “fuel” behind Bitcoin’s slump to $60,000, according to a Bitcoin analyst Willy Woo.
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Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K
Bitcoin (BTC) failed to reclaim recent losses into July 2 as traders prepared for stagnant price action to continue.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Downtrend acceleration" still in forceData from Cointelegraph Markets Pro and TradingView tracked a limp BTC/USD as it chopped around the $19,000 mark into the weekend.The Wall Street trading week had finished…
Biden team will boost crypto’s role in US infrastructure, says Circle CEO Allaire
Allaire also sees political moderation as the best scenario for continued crypto development. 1466 Total views 16 Total shares One of the leaders in U.S. crypto is optimistic that the space will grow under the administration of Joe Biden governing from the middle. Jeremy Allaire, CEO of Circle, took to CNBC's Squawk Box on Monday to…
The Sandbox partners with World of Women to drive female education and mentorship
Together, they are launching the WoW Foundation and additional educational initiatives, as announced on International Women's Day. 458 Total views 5 Total shares The Sandbox (SAND) metaverse announced its partnership with nonfungible token (NFT) community World of Women, or WoW, to launch the WoW Foundation. A $25 million grant from The Sandbox will help fund…
Cybersecurity Firm Ranks Safety of Top Crypto Exchanges
Prominent cybersecurity firm Group-IB has graded the security of top crypto exchanges, U.S.-based tech news media the Next Web reported Tuesday, Nov. 6.According to research conducted by the Moscow-based firm in partnership with crypto asset insurance platform CryptoIns, the Kraken platform is the safest crypto exchange. In contrast, OKEx — the now-second crypto exchange by…
Japanese financial regulator considers imposing stricter crypto rules
The new regulation will be designed to provide better protection to Japanese investors. 259 Total views 2 Total shares Japan’s financial regulator, the Financial Services Agency (FSA), has started discussions around imposing stricter regulations for cryptocurrencies in an effort to provide better protection to Japanese investors.Back in July, the FSA established a dedicated section, as…
Tether and Taipei University boost blockchain and digital asset education
Tether partners with Taipei University to advance blockchain and digital asset education, aiming to equip students with essential knowledge and skills.
Bitcoin price dips to $32.5K on ‘consistent’ new China FUD
BTC/USD sheds $1,000 almost instantly as China's third-largest bank puts the cats amongst the pigeons in early trading. 4484 Total views 6 Total shares Bitcoin (BTC) shed $1,000 in minutes on June 21 as fresh news from China succeeded in routing bulls yet again. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView3rd biggest Chinese bank warns on…
From DeFi year to decade: Is mass adoption here? Experts Answer, Part 1
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