Bitcoin halving 'danger zone' has 2 days left with BTC price retesting $60K

New York Times's latest report on Bitcoin (BTC) mining, titled “The Real-World Costs of the Digital Race for Bitcoin,” has irked many BTC proponents. A number of Bitcoin proponents took to Twitter to call out certain aspects of the report calling it "cheery picking data."The NYT article calls Bitcoin mining a “voracious" appetite and claims BTC…

A church in the Pacific nation of Samoa is at the center of scrutiny after ministers invited notorious cryptocurrency Ponzi scheme OneCoin to preach to its congregation, New Zealand-based media network Radio NZ reported on April 26.OneCoin, which is now all but defunct after the indictment of both its masterminds, raised hundreds of millions of…

An allusion to the start of this year’s bullish progress comes as $40,000 refuses to go quietly as resistance. 766 Total views 108 Total shares Bitcoin (BTC) futures open interest is mimicking the start of the BTC price bull run, data shows.As BTC/USD hovered near $40,000 on Thursda, a fresh bullish report from Stack Funds…

This week saw Bitcoin price (BTC) hitting the $9,000 barrier amid the launch of CME Bitcoin options and Plaid’s acquisition by Visa, reaching a record price for the last two months. Bitcoin’s 27% price gain since the beginning of the year along with the future bullish scenarios laid down by investors may attract new crypto holders.…

American prediction market startup and hedge fund Numerai (NMR) has raised $11 million in an initial coin offering (ICO) to launch its project Erasure, Numerai tweeted on March 21.Introduced in late 2016, Numeraire network provides a blockchain and cryptographic token-based ecosystem for incentivizing anonymous data scientists to create predictive models. Based on the Ethereum (ETH)…

The Swiss Financial Market Supervisory Authority FINMA has advised banks and other financial institutions to estimate risk coverage for cryptocurrencies at 800 percent of current market value, Cointelegraph auf Deutsch reports today, Nov. 5.Major local news portal Swissinfo reportedly saw a copy of a confidential letter from FINMA to the Swiss Association for Audit, Tax…

South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed. 437 Total views 3 Total shares South Africa’s financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by the end of the year, according to a report by Bloomberg.Financial…

Bitcoin (BTC) is keeping everyone guessing this week as another Monday starts below $50,000.After rangebound movements over the weekend, bulls are still waiting for a decisive attack on the $50,000 mark — could it happen now?Despite optimism from analysts, it seems that not even an “uber dovish” Federal Reserve has the fuel to push BTC/USD…

BTC price frustration may find some relief as Bitcoin traders’ hopes increase of the Fed cementing interest rate cuts at the Jackson Hole summit.