Bitcoin is back in ‘accumulation’ — What does it mean for BTC price?

Bitcoin (BTC) and cryptocurrency may “take years to recover” from the FTX scandal, one industry analyst warns.In a Twitter thread on Nov. 11, Filbfilb, co-founder of trading suite Decentrader, said that the Terra LUNA debacle was itself still playing out.Filbfilb: "I've never seen such a debacle"The crypto industry is experiencing “a clear case of what…

The document, which could define a national framework for digital assets, is almost ready. 355 Total views 30 Total shares The Department of Economic Affairs of India is finalizing a consultation paper on crypto currencies, which then will be handed over to the federal government. The implementation of the document could bring the country of…

Bitcoin (BTC) can offer protection against the "depreciating value of money," newly-bullish investor Ray Dalio says.In a Reddit "Ask Me Anything" session on Dec. 8, Dalio, who last month abandoned his skepticism of Bitcoin, said that the cryptocurrency could complement gold as an investment.Dalio: Bitcoin "could be diversifier to gold""I think that bitcoin (and some…

A new Bitcoin computational framework aims to power various applications and functions using native BTC, including token bridges and aggregator oracles.

Bitcoin (BTC) inched closer to $22,000 on Aug. 25 as realized price provided the next major hurdle for bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRealized price inspires confidenceData from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to come face to face with $21,700.That level, coinciding with realized price, had marked the key…

For many people involved in the international crypto space, the idea of throwing valuable Ether tokens at comically named blockchain projects in anticipation of unworldly profits now seems a laughable and distant memory. There is little doubt that what we experienced with the 2017-2018 Initial Coin Offering (ICO) mania was a once-in-a-generation phenomenon, the somber aftermath…

Tax day this year, like everything else, is different. The United States Internal Revenue Service has rescheduled it to July 15, but there’s little time left to get your records together and to file. Everyone knows the IRS is pushing hard to scrutinize crypto. A new IRS question appears at the top of Schedule 1…

The NFT marketplace has opened dialogue with at least one of the suspected victims in an attempt to safely return the prized assets. 160 Total views 2 Total shares Major nonfungible token (NFT) marketplace OpenSea announced a service upgrade on Saturday, which requested that users migrate their listed assets from the Ethereum (ETH) blockchain to a…

The addition of auction formats should make buying and selling digital artwork easier, more fun and more profitable. 317 Total views 2 Total shares Digital art trading platform SuperRare has launched two different timed auction formats, to complement its existing fixed-price and open-offers sales.Early-access began on Dec. 7, with a number of special auctions featuring…