Bitcoin may retest $69K next as shorts keep BTC price below all-time high

The top collectible recently sold for 6 ETH on OpenSea. 296 Total views 33 Total shares According to a new analysis posted by Reddit user u/Warfared, Reddit Avatar nonfungible tokens, or NFTs, have seen erratic price performance in the past months. The analysis tracked the exchange of NFTs on the popular NFT trading platform OpenSea.io. Among…

“I like to call myself a future, or aspiring, cult leader,” Meltem Demirors, chief strategy officer of CoinShares — a publicly listed investment firm managing around $5 billion in assets — told Cointelegraph. Demirors, who first entered the Bitcoin (BTC) space in late 2012, further mentioned that it has been “fun to see how big the…

Wales plans to test and subsequently launch its own cryptocurrency to boost the local Small and Medium Enterprises (SME) economy. Local news outlet Business Cloud reported on Oct. 15 that the Welsh Government awarded £100,000 from the £4 million Foundational Economy Challenge Fund to develop the system. The funding will cover both a consultation and a…

Popular trader Peter Brandt believes that Ether (ETH) saw a significant breakout in its ETH-BTC pair on July 9. According to the veteran trader, the breakout could be a signal that a new altcoin season could occur in the near-term.Brandt tweeted:“Significant breakout in ETH-BTC with target of .03276 BTC. Most alts should gain on Bitcoin…

Bitcoin (BTC) refused to let $20,000 support die for good on March 11 as the weekend opened to a battle for lost ground.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin shakes off USDC depegData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,200 at the time of writing.A brief dip below the $20,000 mark overnight was…

“I’ve bought quite a few cryptocurrencies that turned out to be disasters.” 767 Total views 12 Total shares David Schwartz, Ripple’s Chief Technology Officer, has revealed he lost more than $300,000 investing in altcoins.According to a Nov. 2 post on Quora asking readers if they had lost any money trading Bitcoin (BTC) and other cryptocurrencies,…

China’s central bank, the People's Bank of China (PBoC), is extending the activities of its Digital Currency Research Lab beyond the country’s capital, local media outlet CNstock reports September 5.The news reveals that the lab has opened a new fintech research center in Nanjing, the capital of China’s eastern Jiangsu province. The establishment of municipal…

А leading pharmaceutical firm Boehringer Ingelheim has teamed up with blockchain-based healthcare platform Solve.Care, according to a press release shared with Cointelegraph on June 6.Germany-based Boehringer, one of the world’s 20 largest pharma companies, and Solve.Care are planning to build a blockchain and digital asset-powered network for trusted sharing of data about patients with diabetes.Based…