Bitcoin chart signals possible move to $68K 'extremely quickly' — Traders
Bitcoin traders are targeting $68,000, provided Bitcoin can firmly hang onto $64,000, a level it has struggled to hold above since first reclaiming it 20 days ago.
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Bitcoin mining company PrimeBlock to go public via $1.25B SPAC merger
The company forecasts it will generate up to $98 million in annual revenue. 235 Total views 3 Total shares On Friday, Bitcoin (BTC) mining company PrimeBlock announced that it is merging with special purpose acquisition vehicle (SPAC) company 10X Capital Venture Acquisition Corp II. The deal places PrimeBlock at an enterprise value of $1.323 billion…
Key on-chain metric shows Bitcoin miners in ‘massive’ BTC accumulation mode
Data shows lost and held Bitcoin hitting a one-year high, while miners opened the year by accumulating “massive” amounts of BTC. 189 Total views 24 Total shares New data shows that Bitcoin (BTC) miners are hoarding more coins than at any time in the past five months, which could be a fresh signal that the…
FriesDAO scoops up fast food franchises as part of its crypto governance experiment
DAO reps said they want to build on-chain and membership utility around Subway, Domino’s and more. 96 Total views 18 Total shares A new proof of concept decentralized autonomous organization, or DAO, called FriesDAO wants to democratize access to the fast food industry. Cointelegraph spoke to FriesDAO advisors Brett Beller and Bill Lee about their mission to…
Taiwan officials launch inquiry into crypto betting on election results: Report
Several Taiwanese residents were reportedly using the decentralized betting platform Polymarket, the same platform that saw record-breaking trading volumes during the 2020 United States election. 149 Total views 2 Total shares With the Taiwan presidential election looming within a month, residents of Taiwan have been reportedly warned against using cryptocurrency betting platforms to wager on
Court Calls on Craig Wright’s Wife to Testify in Ongoing Kleiman Case
Judge Bruce Reinhart, who is overseeing the ongoing Kleiman v. Wright case, has requested international assistance in order to call Ramona Watts, Craig Wright’s wife, to the stand.Judge Reinhart sent his request to the Senior Master of the Queen’s Bench Division of the High Court in Strand, London, according to a court filing dated July…
CME Report: Bitcoin Futures Average Daily Volume up 93% in Second Quarter
Bitcoin (BTC) futures average daily volume (ADV) at the Chicago Mercantile Exchange (CME) increased by 93 percent in the second quarter over the first quarter of 2018, the company revealed in a tweet July 20. CME also stated that the rate of open interest (OI) or the number of open contracts on Bitcoin futures has…
Tom Lee Maintains $15,000 Year-End BTC Prediction Despite Market Crash
Despite the present market crash, major Wall Street crypto bull Tom Lee has reiterated his recently reduced year-end price prediction for Bitcoin (BTC) at $15,000 in an interview with CNBC’s Squawk Box on Tuesday, Nov. 20.In the recent statement, the head of research at Fundstrat Global Advisors pointed out two major types of crypto players…
Fundstrat Global Advisors Technical Analysis Points to Further Rally
In its new technical analysis, market research company Fundstrat Global Advisors says that cryptocurrencies are poised to make further gains, Bloomberg reported on June 13.Per the analysis, most digital currencies are trending upwards as relative-strength-index momentum has begun to turn upward from neutral. The tendency purportedly indicates strength in the markets.Rob Sluymer, a technical strategist…