Bitcoin liquidates $85M shorts as bull flag sparks $100K BTC price target
Bitcoin upside strength causes pain for shorters, but doubts remain over whether the BTC price rally can last much longer.
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Oracle exploit drains $7.6 million from Rho Markets liquidity protocol
Rho Markets has already paused its platform in response to the security breach.
Dave Portnoy offers to ‘save’ Bitcoin and Chainlink
Crypto community responds: ‘Nah, we’re good.’ After exiting the crypto space at a loss last week following his high profile entry, Barstool Sports founder Dave Portnoy is hinting he’s not completely finished with Bitcoin yet.In an Aug. 25 tweet to his 1.7 million followers, the day trading king said he would “save” Bitcoin and cryptocurrency…
‘Incredible’ Bitcoin Hash Rate Boom Will Destroy Altcoins: Tone Vays
Bitcoin (BTC) will cement its dominance over the cryptocurrency market next year in a fresh blow to altcoins, a veteran trader has said.In the latest episode of his Trading Bitcoin YouTube series on Dec. 22, Tone Vays warned that altcoin traders faced even worse conditions as 2020 begins.Dominance on way to 98%“One of my predictions…
New York Regulators Require Crypto Firms to Submit Coronavirus Plans
New York City’s mayor Bill de Blasio declared a state of emergency in response to the coronavirus outbreak yesterday. “The only analogy is war,” he said — and the consequences for the crypto industry, as for all others, are sobering.Even ahead of de Blasio’s action, the New York Department of Financial Services (NYDFS) sent a…
US lawmaker planning to introduce comprehensive crypto bill in 2022: report
Cynthia Lummis’ proposed bill reportedly aims to provide regulatory clarity on stablecoins, guide regulators around asset classes and offer consumer protections. 1053 Total views 32 Total shares Wyoming Senator Cynthia Lummis, one of the United States lawmakers behind many pro-crypto pieces of legislation, is planning to introduce a comprehensive bill next year to handle digital…
Uniswap farming ends in 4 days, potentially freeing up $1.1B ETH
The world’s largest decentralized exchange, Uniswap, has just conducted its first community call primarily to discuss which direction to take when UNI farming concludes on November 17.But the call ended with no clear direction from Uniswap, and no proposals submitted for extending UNI farming or launching new pools, so next week may well bring a…
Price analysis 8/15: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin (BTC) has been witnessing a tough battle between the bulls and the bears near the $25,000 level. A clear winner may not emerge in the short term due to a lack of a catalyst and because there is no major macro economic data scheduled for this week in the United States. Data points from…
Swiss Crypto Mining Firm Faces Enforcement Action for Potentially Unauthorized ICO
The Swiss Financial Market Supervisory Authority (FINMA) has launched enforcement proceedings against crypto mining firm Envion AG over its potentially unauthorized token sale, according to a FINMA press release today, July 26. Swiss-based Envion AG is an off-grid mining company that claims to use decentralized, clean energy to power its mobile mining units, and completed…