Bitcoin is the only decentralized currency, Tether CEO says
The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency.
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Bitcoin breakout possible as whales close in on sideways BTC price
Bitcoin (BTC) stayed strictly rangebound on Aug. 24 as buyers and sellers attempted to spark a breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSpot price squeeze on the cardsData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $21,500 at the Wall Street open. The pair had seen little action in the 24 hours prior,…
XRP the ‘third largest collapse of all time’ says The TIE’s Josh Frank
The token has lost more value than former commodities trading giant Enron. 536 Total views 3 Total shares The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions.According to Josh Frank of crypto-focused research company The…
OneCoin Co-Founder Pleads Guilty, Faces up to 90 Years in Jail
Konstantin Ignatov, co-founder of alleged crypto scam OneCoin, has pleaded guilty to participation in the multi-billion dollar fraud. According to a BBC report on Nov. 14, Ignatov signed a plea on Oct. 4 and now faces up to 90 years in prison. The news was made public on Nov. 12, the BBC says.After being arrested…
Project Dawn initiative and upcoming mainnet upgrade back LUNA’s new ATH
LUNA price rallied to a new high above $45 following the launch of the ‘Project Dawn’ funding initiative and the upcoming Columbus-5 mainnet upgrade. 511 Total views 3 Total shares In the last 24-hours, Terra (LUNA), a blockchain protocol focused on building a global payments system powered by the UST stablecoin, rallied to a new…
Final FTX exec to be sentenced on Nov. 20 — What should users expect?
Three of the five individuals indicted in the FTX case have been sent to prison, while one was given time served.
Industry Leaders at Crypto Valley Summit See Major Role for Blockchain in Traceability
At the Crypto Valley Summit during the World Economic Forum in Davos, ecological sustainability for the future is one of the primary talking points. Even though blockchain is on the fringes of global discussion, several experts see its usage in traceability as one of the key technologies for improving sustainability.Industry’s current applicationsSupply chain blockchain solutions…
Institutional frenzy continues as CME Bitcoin trades at over 1% premium
Wall Street’s preferred Bitcoin future shows few are willing to be short on BTC. 3070 Total views 8 Total shares After a surprise rally fueled by an update to Elon Musk’s Twitter biography, demand for Bitcoin (BTC) appears to be particularly strong in professional trading circles.According to TradingView data, the ticker BTC1!, which represents CME’s…
‘Say hi to Uptober’ — Bitcoin price surges above $47K in minutes liquidating $270M in shorts
October already feels like a different planet to September for traders as abrupt upside sees resistance levels fall like dominoes. 2845 Total views 21 Total shares Bitcoin (BTC) shot to nearly $48,000 during Oct. 1 as a classic "short squeeze" liquidated over $270 million of crypto positions in under an hour.BTC/USD 1-hour candle chart (Bitstamp).…