Bitcoin liquidates $85M shorts as bull flag sparks $100K BTC price target

Three time NBA champion Stephen Curry has snapped up a Bored Ape Yacht Club nonfungible token (NFT) for 55 Ether worth around $206,000 at the time of publication. The Golden State Warriors star purchased an NFT depicting an ape with blue fur wearing a plaid suit on Aug. 28. Curry’s wallet on OpenSea shows a…

The boost may come down to the popularity of one specific token. Data indicates that Coinone, a South Korean exchange, saw its user base rise by about 10,000 people per month after listing Kakao’s klaytn (KLAY) token in June. The token was listed after Kakao, a tech giant who runs the most popular chat app in…

Shark Tank's Kevin O'Leary said he was “not against Bitcoin” but would invest far more into the crypto asset if it were backed by regulators. 4627 Total views 21 Total shares Canadian businessman Kevin O'Leary, who appears on the reality TV show Shark Tank, has seemingly softened his stance on Bitcoin after speaking with Anthony…

The for-profit developer behind Zcash (ZEC), Electric Coin Co. (ECC), has released on Jan. 15 a set of resources to facilitate the implementation of shielded transactions on mobile. This builds on early tests in 2019 conducted after the Sapling upgrade.The developer released a complete set of Software Development Kits (SDK) versions for both Android and…

Analysts from Insider Intelligence believe that crypto’s transactional value will increase by 70 percent in 2022. 226 Total views 5 Total shares The number of adults in the United States who will use crypto to make purchases in 2022 will increase to 3.6 million, according to a research firm.A report published by Insider Intelligence shows…

Connecticut police caught a man who had stolen over $15,000 worth of digital currency in a mobile phone theft after he mistakenly sent an apology email to a detective heading the investigation.Back in April, a Connecticut resident fell victim to a cryptocurrency theft by New Jersey citizen Darren Carter, wherein the latter swiped the victim’s…

Goldman Sachs-backed crypto custodian BitGo has acquired a New York Trust license to operate as an independent custodian in the state. 1162 Total views 6 Total shares Major American digital asset custody and security company BitGo has acquired a New York Trust license from the New York State Department of Financial Services.According to an announcement,…

Many altcoin bulls are holding longs in spite of yesterday’s sudden down-turn in the Bitcoin markets. However, altcoin shorts are quickly rising too. Despite yesterday’s 8% crash in the price of Bitcoin (BTC) driving many BTC bulls from the markets, altcoin longs have only seen slight declines, with Ether (ETH) longs defying the trend with…

The father of the JOBS Act would be happy to help Telegram with an IPO if the company chooses to revert to a traditional fundraising model. 427 Total views 33 Total shares David Weild IV, who is known as the father of the JOBS Act, believes that the U.S. government had to move to stamp…