Bitcoin hits 16-month high 'positive sentiment' as price sits near $68K

The AVAX/USD exchange rate slips more than 16% after testing its May resistance level. 403 Total views 73 Total shares The Avalanche blockchain platform's native asset, AVAX, fell on Aug. 19 as traders decided to secure their profits from its 100% upside move.The AVAX/USD exchange rate plunged more than 16% after hitting a three-month high of…

If this past weekend is any indication of the current bull market cycle, then an altcoin season may be well underway. Similar to previous cycles, after (BTC) makes a significant run-up in price and then enters a consolidation period, funds begin to migrate into large and small market cap altcoins. WRX/USDT, WIN/USDT, BTT/USDT, STX/USDT and HOT/USDT 4-hour chart.…

Mixed emotions greet the third U.S. regulated Bitcoin ETF, as analysis predicts a "copy-paste" 2021 bull run for altcoins. 2097 Total views 26 Total shares Bitcoin (BTC) fell below $62,000 on Oct. 26 as the launch of the third United States regulated exchange-traded fund (ETF) failed to budge the sideways price action.BTC/USD 1-hour candle chart…

There is increasingly little room for maneuver on hourly and 4-hourly charts as the week's trading comes to a close. 1938 Total views 9 Total shares Bitcoin (BTC) hovered above $43,000 on Feb. 11 as volatility waned after a fresh local peak.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSupport and resistance zones narrowData from Cointelegraph Markets…

“The SEC argues that nearly every token should be registered under U.S. securities laws,” commented a16z Crypto’s general counsel, Miles Jennings.

In an opinion piece in The Wall Street Journal, Brian Brooks and Charles Calomiris claim that U.S. stablecoin legislation is crucial to re-dollarizing the world. 107 Total views 5 Total shares Stablecoins are at the heart of a dollar-based revolution and could be a pivotal factor in keeping the United States dollar the dominant global…

As cryptocurrency mining operators look for new locations, an Armenian firm has added an additional 60MW cloud hosting facility based at a local power plant. 47 Total views 3 Total shares The establishment of free economic zones that foster blockchain and cryptocurrency adoption in Armenia is bearing fruit as a local mining operator adds 60MW…

Five cryptocurrency exchanges in South Korea have increased their liability to users in line with demands from regulators. Local English-language news outlet The Korea Herald reported the news on June 17, citing Yonhap News Agency.A year after the Fair Trade Commission requested Bithumb and four other platforms to adapt their policy, the companies will now…

The fundamental traits of blockchain technology, including decentralization, immutability, transparency and automation, have proven to be capable of several use cases for different businesses. However, due to the costs of creating and maintaining blockchain-powered applications, it can be difficult and expensive for enterprises to fully utilize its benefits.With the adoption of distributed ledgers, many projects…