Bitcoin drops 3% as US sellers spark sub-$65K BTC price targets

Interoperability between separate blockchain networks has become a major theme in the cryptocurrency market over the past year, but several major exploits — such as the $321 million Wormhole exploit — have highlighted the difficulties in achieving cross-chain transfers in a secure manner.One protocol that has been gaining traction in February thanks to its alternative approach…

Cryptocurrency miners based in the United States could soon face a tax equal to 30% of the cost of electricity they use if President Joe Biden’s proposed budget for the fiscal year 2024 is approved by Congress, but the proposal has sparked debate about whether it would actually decrease global emissions and energy prices.Cryptocurrency mining…

Bitcoin (BTC) market's tendency to crash by over 80% after logging strong bull runs might come to an end.That is according to a new report published by California-based hedge fund Pantera Capital. In detail, the report notes that the recent periods of BTC price drops have been less severe than in the past.For instance, in…

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Up to five banks or other payment services providers will be selected to participate without compensation in the development of the digital euro front end. 103 Total views 2 Total shares Progress will continue on the development of the digital euro as the European Central Bank (ECB) and Eurosystem have begun looking for companies to…

Rich crypto investors are turning their attention back to Bitcoin (BTC) as its price continues to eye a breakout move above $50,000.Crypto-focused newsletter Ecoinometrics reported positive changes in Bitcoin holdings for addresses controlling 1,000–10,000 BTC. So, based on their rising account balances throughout August, Ecoinometrics spotted a renewed accumulation sentiment among “whales,” hinting that wealthy…

The Staked ETH Trust seeks to simplify the staking process for accredited investors and other institutions. 1814 Total views 15 Total shares Staked, a blockchain infrastructure company and investment manager, is providing institutional investors with a new vehicle in which to invest in Ether (ETH) and earn staking rewards on the Ethereum 2.0 Beacon Chain.The…

Bitcoin BTC stayed rigidly tied to $19,000 into the Oct. 16 weekly close as analysts warned that volatility was long overdue.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: BTC volatility a "matter of time"Data from Cointelegraph Markets Pro and TradingView captured a lackluster weekend for BTC/USD as the pair barely moved in out-of-hours trading.After United States…