Bitcoin chart signals possible 'extremely' quick move to $68K —Traders
Bitcoin traders are eyeing $68,000 if it can stay above $64,000, a level it has struggled to hold above after 20 days below.
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Bitcoin price metric demands ‘strong reaction’ as $56K BTC starts to look ‘seriously cheap’
Current limp Bitcoin price performance is not fooling analysts, as Advanced NVT Signal joins those predicting a dramatic BTC renaissance. 774 Total views 11 Total shares Bitcoin (BTC) is “seriously cheap” at $56,000 relative to network activity — and that means only one thing, one analyst says.In a tweet on Nov. 24, Philip Swift, creator…
Signature Bank regulator says it was closed for not providing data: Report
A member of the bank’s board had previously claimed the agency wanted to send a message against crypto. Own this piece of history Collect this article as an NFTThe New York Department of Financial Services (NYDFS) shut down Signature Bank for “failing to provide consistent and reliable data” and not because of a bias against…
3AC founders fined by Dubai regulator over OPNX exchange
OPNX CEO Leslie Lamb and executives Kyle Davies, Su Zhu and Mark Lamb were all issued a $58,000 fine for violating marketing regulations in the emirate. 279 Total views 2 Total shares The founders of the collapsed digital asset hedge fund Three Arrows Capital (3AC) Kyle Davies and Su Zhu are now facing a fine…
Looming ‘death cross’ may put Bitcoin bull run in danger ahead of Fed meeting
Bitcoin (BTC) wobbled around $40,000 as investors waited for the Federal Reserve to release its new set of economic projections on Wednesday.The market's focus shifted on two important questions: will the United States’ central bank officials signal their intentions to raise interest rates in 2023, instead of 2024? And how much inflation they think would…
China’s BSN Aims to Reclaim Financial Data From Tech Giants
Research Fellow Martin Chorzempa argued that China’s blockchain strategy is entirely focused on domestic objectives during Consensus. 2802 Total views 38 Total shares Martin Chorzempa, a research fellow at the Peterson Institute for International Economics, provided insight into the motivations and objectives underpinning the development of China’s state-backed Blockchain Service Network (BSN) while speaking at…
Singapore: Major Utility Company Launches Blockchain-Based Solar Energy Marketplace
SP Group, a major corporation providing electricity and gas transmission in Singapore, has launched a blockchain-powered renewable energy certificate (REC) marketplace, the company reveals in a press release Monday, Oct. 29.The platform was unveiled at the ASEAN Energy Business Forum held in Singapore this week. The press release notes that SP Group plans to use…
Bitcoin’s 'most interesting monthly candle’ emerges, but don’t celebrate yet
Bitcoin’s monthly candlestick pattern could indicate where markets are going next, according to analysts.
$240M in Suspected Scheme Assets Moves in Four Bitcoin Transactions
Over $240 million in proceeds from the alleged crypto scheme PlusToken have reportedly moved through four Bitcoin (BTC) transactions.Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — posted on Aug. 17 that four transactions totaling 22,923 BTC were likely the proceeds of PlusToken.The four transactions moved 6,000 BTC, 5,000 BTC, 7,000…