Bitcoin crashes to $53K, but analysts warn the worst isn’t over

StarkWare’s milestone opens the door for ZK-based layer-2 solutions, enhancing Bitcoin’s scalability and global payment capabilities.

Bitfinex’s Bitcoin deposits diminished by 135,000 BTC and data appears to contradict the exchange’s rationale for this occurrence. Data appears to contradict Bitfinex’s claim that the reason for its users withdrawing 135,000 Bitcoin (BTC) from the exchange was an arbitrage opportunity that ensued following Black Thursday.135,000 BTC laterOn Thursday, March 12, Bitfinex was holding 200,000…

A Coinbase-backed lobby group initially graded Kamala Harris as “supports crypto” but dropped the characterization after wide criticism.

Sam Bankman-Fried’s cryptocurrency exchange FTX plans to establish a “substantial presence” in The Bahamas. 239 Total views 10 Total shares FTX, one of the world’s largest cryptocurrency exchanges, continues expanding operations by inking major regulatory approval in The Bahamas.The Securities Commission of The Bahamas has registered FTX Digital Markets, the Bahamian subsidiary of the global…

On Dec. 8, top executives from six major crypto companies faced the United States House of Representatives’ Financial Services Committee during a special hearing on digital assets. While the tone of the conversation was largely proclaimatory, the industry reacted with an optimistic buzz — it seems that crypto is bound to become a hot topic…

South Korea’s government will spend 4 billion Korean won (KRW) (about $3.5 million) to set up a blockchain-enabled virtual power plant (VPP) in the city of Busan. The development was reported by South Korean newspaper Yonhap News Agency on Monday, Dec. 10.Busan, South Korea’s second most populous city after Seoul, has announced that the city…

Bitcoin (BTC) has “well-formed” evidence, which suggests that its next all-time high will top out at $200,000, one analyst says.In a tweet on Jan. 27, popular Twitter commentator Trader Tardigrade, also known as Alan, also revealed $70,000 as the next potential bear market bottom.Stochastic indicator offers Bitcoin bulls historical firepowerFor many, BTC price action is…

China’s CBDC hit 62 billion yuan in total transactions processed, according to PBoC’s digital currency head. 515 Total views 26 Total shares China’s trials with central bank digital currency (CBDC) show no signs of slowing down, as the updated numbers for October 2021 were revealed at Hong Kong Fintech Week.Set out to replace cash in…

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance on June 5, alleging that the exchange was involved in the sale of unregistered securities. In its 136-page complaint, the SEC accuses Binance and its founder, Changpeng “CZ” Zhao, of participating in a complex conspiracy that involved fraud, conflicts of interest, a lack…