Bitcoin is pinned below $65K but several market structure-altering factors are at play
Bitcoin must overcome resistance in the $64,000 to $66,000 zone before a new set of growth catalysts initiate the path to six-figure BTC price territory.
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Virtual Economies Gear up the Gravy Train in Blockchain-Based Gaming
Virtual economies based on blockchain technology are starting to emerge as one of the biggest upcoming trends in gaming, gaining more traction with investors, gamers and developers alike. The use of nonfungible tokens, or NFTs, which provide proof of ownership and the means to transact the set holdings in a seamless fashion, can drive further…
Bitcoin price action decouples from stock markets, but not in a good way
This week the stock markets began to flash a little green, and Bitcoin (BTC) is decoupling from traditional markets — but not in a good way. The cryptocurrency is down 3%, while the Nasdaq Composite tech-heavy stock market index is up 3.1%.May 27 data from the United States Commerce Department shows that the personal savings…
Bitcoin avg transaction fee rises 937.7% in 24 hours
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users.
Hong Kong watchdog aims to restrict retail traders to liquid products
When asked about Bitcoin or Ether, SFC executive Julia Leung Fung-yee did not respond but reiterated that “highly liquid” products will be allowed. 387 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe new licensing program, scheduled to take off in June, will restrict retail traders in Hong Kong…
Analysts: Despite Crypto Mining Decline, Nvidia Will See Increased Revenue This Quarter
Analysts polled by FactSet suggest that Nvidia will see increased revenue this quarter despite “waning” cryptocurrency mining, Marketwatch reported August 10. The purported increase is due to strong demand for gaming devices and data-centers. While analysts suggest that the company’s revenue from crypto mining hardware will decline, the U.S.-based graphic processing units (GPU) manufacturer will…
Binance news, Circle plans to go public, and bullish crypto comments: Hodler’s Digest, July 4–10
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekUS financial regulator FinCEN hires its first-ever chief digital currency adviserThe United…
Genesis’ bankruptcy filing was decided by independent committee, according to DCG
A special committee of independent directors recommended and decided to file for Chapter 11 bankruptcy protection. 648 Total views 2 Total shares Own this piece of history Collect this article as an NFTIn a Jan. 20 statement, Genesis Capital’s parent company, Digital Currency Group (DCG), denied involvement in Genesis’ bankruptcy filing. According to DCG, a special committee…
Coinbase Links User Accounts on Its Main Platform to Its Wallet App
Cryptocurrency exchange and wallet service Coinbase has introduced a service to link users’ accounts on its main platform to its Coinbase Wallet app, according to an announcement on March 12.According to the company, Coinbase Wallet is slightly different from the main app, referred to as Coinbase.com. With the latter, a customer’s cryptocurrencies and private keys…