Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’
If Bitcoin fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken, but some aren’t as pessimistic.
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Kraken predicts $96K BTC price top as analyst says $1T Bitcoin market cap is ‘now cemented’
It may not even get to November’s “worst-case scenario” close, but Bitcoin clearly has upside ahead of it, historical data shows. 4336 Total views 36 Total shares Bitcoin (BTC) could nail the now-popular $98,000 price target — but it could end up being the cycle top, new research argues. In its “October 2021 Market Recap…

56% of banks say DLT and crypto are ‘not a priority’ in near future — Fed survey
Many respondents from major banks said the technology would likely be unimportant for liquidity management practices until 2027. 314 Total views 28 Total shares A survey conducted by the Federal Reserve Board of the United States suggested that the majority of officials at major banks did not consider crypto-related products and services a priority in…

China: 5 Crypto Exchanges Halt or Shut Services Amid Perceived Crackdown
At least five Chinese cryptocurrency exchanges have halted or chosen to terminate operations this month in response to a perceived redoubling of Beijing’s anti-crypto stance.Exchange operator Bitsoda informed the public on Nov. 23 of its decision to terminate services; Akdex followed suit, announcing its decision to shut down on Nov. 24. Also on Nov. 24, Idax…

50 days until US election, crypto Super PAC pours $7.8M into Senate races
Crypto interest groups could determine whether Democrats or Republicans have a majority in the US Senate in 2025 by backing candidates in crucial November races.

Crypto voters have already influenced the 2024 presidential election
Crypto voters have become a new battleground for the 2024 presidential election, in a bipartisan shift that has taken Washington by surprise.

Coinbase no longer accepts payments via Silvergate Bank
Following the alleged troubles at Silvergate Bank, Coinbase announced that the crypto exchange would no longer accept or initiate payments with Silvergate. 872 Total views 26 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Coinbase announced that it had terminated its partnership with Silvergate Bank as its United States…

Peter Thiel-Backed Investment Fund 1Confirmation Raises $45M
Crypto investment fund 1Confirmation, backed by tech billionaire Peter Thiel, has raised $45 million for its second fund.Following the raise, 1Confirmation has over $75 million in assets under management for investing in new projects in the crypto industry, the firm’s founder Nick Tomaino announced on Sept. 25.San Francisco-based 1Confirmation is one of the earliest crypto…

Debtors saved over $100M using de-pegged stablecoins to repay loans
Debtors jumped on the opportunity to grab a discount on their loan repayments when USDC and DAI de-pegged from the dollar. 2047 Total views 15 Total shares Own this piece of history Collect this article as an NFTThe depegging of USD Coin (USDC) and Dai (DAI) from the United States dollar prompted a frenzy of…