Bitcoin crosses $66K as traders eye 2 key indicators for $70K target

Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases. 968 Total views 24 Total shares With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and…

Since leaving The Walt Disney Company, Bob Iger has been acting as an advisor and board member for the digital avatar platform Genies. 955 Total views 48 Total shares Metaverse-backer Bob Iger has announced a surprise return to his former role as CEO of Disney, taking over from now-former CEO Bob Chapek.While Iger is most…

Wallet provider Lohko has launched gold-backed NFTs offering carbon offsets. 2208 Total views 4 Total shares Digital asset wallet provider Lohko and London-based tech firm Mattereum have teamed up to launch nonfungible tokens, or NFTs, that are backed by gold and have carbon offsets attached.According to a May 26 announcement the tokens represent ownership over…

Software development company Oracle Corp. has released a suite of blockchain-based software-as-a-service (SaaS) applications based on its Oracle Blockchain Cloud Service, according to an announcement published Oct. 23. The new product is purportedly designed to improve traceability and transparency throughout supply chains.Oracle is an American corporation founded in 1977, and currently is one of the…

South Korea’s tax authority is going after individuals hiding their assets in cryptocurrencies as a way of avoiding tax payments. 2868 Total views 22 Total shares The National Tax Service of South Korea is increasing its efforts to combat tax evasion and is now focusing on the use of cryptocurrencies for such illicit activities.According to…

Miami is quickly becoming the crypto capital of the United States. In August of this year, the Magic City was the first state in the U.S. to launch MiamiCoin (MIA), its very own cryptocurrency used for civic engagement. A few months later, Mayor Francis Suarez announced that every Miami resident with a digital wallet will be…

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Tongtong Bee, co-founder of Panony — an incubator, investor and adviser for blockchain and Web3 business.I’m Tongtong Bee, the co-founder…

OKEx, one of the world’s biggest cryptocurrency exchanges, announced a temporary suspension of withdrawals on Oct. 16. Upon the news, the price of Bitcoin (BTC) abruptly plunged 3% in 30 minutes across major exchanges.The nervousness in the market comes from the reason behind the withdrawal suspension and the potential implications it carries. The 15-minute price chart…