Bitcoin is holding $60K — Here’s why it’s important
Resilient US job and inflation data and steady spot Bitcoin ETF inflows aided Bitcoin’s rally above $60,000.
Related Posts
Bitcoin aligns with Swiss values – Head of Lugano’s Plan ₿
Switzerland continues to drive Bitcoin adoption despite well-developed traditional financial infrastructure. Switzerland has long been a haven for the wealthy due to its well-established banking secrecy laws, but its citizens have warmed quickly to the self-sovereign ideals behind Bitcoin (BTC).Giw Zanganeh, head of Lugano’s Plan ₿ initiative, highlighted the growing use of Bitcoin for everyday…
Terraform Labs to reopen Shuttle Bridge, destroy LUNA tokens
These developments indicate TFL’s proactive efforts to tackle Terra's challenges and restore trust and stability within the Terra ecosystem.
Coinbase calls PEPE a ‘hate symbol,’ prompting calls to boycott the exchange
An email newsletter sent out to Coinbase customers on May 10 caused significant backlash from the Pepe community. 773 Total views 13 Total shares An email sent out to Coinbase customers describing memecoin Pepe (PEPE) as a “hate symbol” co-opted by alt-right groups has drawn significant ire from the memecoin community. Prominent crypto influencer Borovik.eth shared…
Enterprise blockchain Coti set to become Ethereum privacy-centric layer 2 in 2024
Coti will look to provide privacy-focused functionality to the Ethereum ecosystem as a new layer-2 protocol. Enterprise-grade blockchain platform Coti is set to transition protocol to become a scalable, privacy-focused layer-2 on Ethereum in 2024.An announcement shared with Cointelegraph outlines how Coti will shift from a standalone protocol to an Ethereum layer 2 to bring
New PwC and CV VC Report Highlights Blockchain in the Art World
Swiss blockchain investment firm CV VC and PwC released a report covering top global firms focused on implementing blockchain in art. 1426 Total views 15 Total shares Big Four auditor PwC and Swiss blockchain investment firm CV VC have released a preview for its new periodical report devoted to the blockchain in various industries.Published on…
BTC price rises 5% after US Congress passes ‘$900 billion ad for Bitcoin’
Bitcoin (BTC) price hit highs above $23,500 on Dec. 22 as Monday's weakness flipped to see bulls challenge previous levels.BTC price in 5.2% daily gainsData from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD returning to positions lost over the weekend, topping out at $23,625 at publishing time.After plugging $21,800 on Monday, Tuesday saw markets set…
DeFi Lending Attracts VC Backing Despite Sharp Drop in Crypto Fundraising
Despite heavy losses in VC funding across the crypto sector at large, DeFi lending firms saw a more than 50% increase in fundraising during April. 1383 Total views 45 Total shares A report published by venture capital research firm, Ana.vc, has revealed a 57% decline in crypto funding from VCs over the month of April.Despite…
Malta’s ‘blockchain island’ strategy falters as banks refuse to play ball
Malta’s plan to become a"‘blockchain island" appears to have stalled, with few retail banks indicating a willingness to work with crypto firms. 1075 Total views 8 Total shares Malta’s Finance and Employment Minister, Clyde Caruana, has revealed that the nation’s plan to become a “blockchain island” is floundering due to the unwillingness of local banks…