Bitcoin moves toward range highs but derivatives traders watch from the sidelines

Chinese sports lottery service 500.com has entered a share exchange agreement to acquire maror Bitcoin mining pool BTC.com. 4549 Total views 10 Total shares Chinese sports lottery service 500.com has acquired a major Bitcoin (BTC) mining pool, BTC.com.500.com has entered into a share exchange agreement with Blockchain Alliance Technologies Holding Company in the Cayman Islands,…

Interoperability-focused blockchain network Cosmos has dropped a new whitepaper proposing a revamped Cosmos Hub aimed at strengthening interoperability and security, along with key changes to its native ATOM token. The new Cosmos whitepaper was released on Monday at the Cosmoverse conference in Medellin, Colombia. The upgrades outlined in the whitepaper are still technically in “proposal” status…

According to ChatGPT, Bitcoin has a 15% chance it will “fade to irrelevancy” with prices down 99.99% by 2035. 199 Total views 3 Total shares Own this piece of history Collect this article as an NFTA Coinbase executive claims to have discovered a “jailbreak” for artificial intelligence tool ChatGPT, allowing it to calculate the probability…

The government has reneged on its agreement to stop investigating his partner, claims former FTX executive Ryan Salame.   

Mike Novogratz, ex-Goldman Sachs partner and founder of Galaxy Digital, has said that he expects cryptocurrency to “flip next year” in an interview published by Financial Times (FT) Nov. 23.During the interview, Novogratz said that “this year has been challenging” for Galaxy Digital –  a company that he hopes will become “the Goldman Sachs of…

Another surprise inflation increase could make things "ugly" for crypto markets, one trader warns, with hours left before the CPI release. 354 Total views 21 Total shares Bitcoin (BTC) hit multi-day lows into Aug. 10 as crypto traders braced for impact with fresh United States inflation data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Market "could…

The largest business organization in the world has thrown its weight behind Coinbase in its fight against the SEC. 231 Total views 1 Total shares The United States Chamber of Commerce has blasted the Securities and Exchange Commission (SEC) for its “haphazard, enforcement-based approach” to regulating the cryptocurrency industry on American soil. In an amicus brief filed…

The recent volatility in the Bitcoin (BTC) markets has left both bulls and bears facing significant liquidations, with almost $223 million in 24-hour margin calls on leading derivatives exchange BitMEX being evenly spread between BTC shorts and longs.As of when this story was published, a little over $111.5 million, or 50.04% of the total was…

In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco. 839 Total views 17 Total shares The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. Kraken CEO, Jesse Powell retweeted that Kraken will close…