Bitcoin ETF inflows rebound to 6-week highs as BTC price reclaims $97K
Bitcoin is in a firmly different mood as the first Wall Street trading week ends, but BTC price action still needs to convince wary traders.
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Cryptopia Won’t Resume Trading Until Balances Are Secure, Discord Message Notes
The New Zealand police have returned the office building back to recently hacked crypto exchange Cryptopia and granted permission to resume trading. However, the exchange is not ready to renew its activity, according to a message purportedly sent by a Cryptoptia staff member on the official Discord channel on Feb. 24.After the hack that led…
BNB’s soaring futures open interest and regulatory woes weigh on the altcoin’s price
The price of BNB has experienced a 24.5% decline over the past 90 days, despite a 7% gain between July 10 and July 11. BNB (BNB) has performed worse than the overall altcoin market, indicating that the underlying cause for the bearish momentum persists.It is highly likely that the correction in BNB’s price can be attributed…
Bitcoin’s repeating bearish engulfing trend and spot ETF outflows boost odds of sub-$60K BTC
Repeat bearish engulfing candles near range highs and Bitcoin’s inability to flip $70,000 to support are possible signs of an incoming correction
Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases
Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16.Analysts cited by SCMP believe these tariffs could possibly affect China’s major mining hardware producers, as the technology was reclassified by the…
Corporate brands target NFTs and adoption continues to skyrocket
The nonfungible token (NFT) space is arguably one of the most popular aspects of crypto and blockchain technology. Indeed, NFTs are often the topic of conversation, garnering significant interest both from inside and outside the industry.Such is the growing appeal of NFTs outside the crypto space that major brands like Visa and Budweiser are now…
SEC vs. Telegram: Part 1 — Key takeaways for now
Telegram is a popular, global, cloud-based instant messaging, videotelephone and voice-over service company. Particularly popular with crypto-enthusiasts, at the end of 2017, Telegram came up with a plan to raise funds to support the development of a new crypto asset, dubbed Gram, and a network originally planned as the Telegraph Open Network. Proceeds would also…
ECB may cap digital euro at 1.5T tokens — Executive board member
"Keeping total digital euro holdings between one trillion and one and a half trillion euro would avoid negative effects for the financial system,” said Fabio Panetta. 155 Total views 1 Total shares Fabio Panetta, an executive board member of the European Central Bank, or ECB, proposed the central bank limit the total holdings of a…
‘Bitcoin Is My First Love’: Coinbase CEO Champions Top Coin on Its 10th Birthday
Brian Armstrong, founder and CEO of United States cryptocurrency exchange Coinbase, has confessed that “Bitcoin is my first love” in a series of tweets commemorating the coin’s 10th birthday, Jan. 3.Summing up a thread in which he explained how he entered the industry and built one of its most successful firms, Armstrong wrote:“Bitcoin is one…