Bitcoin must reach a 'higher high' to confirm uptrend after dip below $58K

August 31, 2024
The Last Cryptocurency
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Cointelegraph Feed

If Bitcoin is to maintain its longer-term uptrend, it must avoid breaking down below $56,000, according to a crypto analyst.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Galaxy Digital founder Mike Novogratz said that he is not selling his…

Israeli-Led Blockchain App Company to Make Extensive Layoffs While Restructuring

Gibraltar-registered Israeli blockchain application platform First Digital Assets (FDA) will fire most its employees in a major restructuring process, the company confirmed to Israeli English-language news resource Globes on March 4.FDA, which operates multiple spin-off companies in the blockchain space, will merge all but one of them into their parent company. Its research arm, One…

The impact of the Credit Suisse bank crisis on the crypto market

Cointelegraph analyst and writer Marcel Pechman explains how the Credit Suisse bank crisis will impact the crypto market. 257 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets &…

Mt. Gox CEO Decides to Appeal Conviction on Manipulating Financial Records

Mark Karpeles, former CEO of now-defunct Mt. Gox crypto exchange, has appealed his conviction on charges of manipulating data, The Associated Press (AP) reports on March 29.On March 15, Karpeles was acquitted of charges of embezzlement, but was found guilty of tampering with financial records, with the court stating that he manipulated data to harm…

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Coinbase to expand use of Vaults for secure crypto custody — Executive

Coinbase currently holds approximately $270 million in customer assets.

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Advocates call for crypto to be discussed at US presidential debate

The Chamber of Progress cited Donald Trump “revers[ing] his previous position on cryptocurrency” and a lack of clarity from Kamala Harris’ campaign.

Controversial Blockchain Project Tezos to Be Audited by ‘Big Four’ PwC

The Tezos Foundation has announced that the international professional services giant PricewaterhouseCoopers Switzerland (PwC) will conduct an external audit of its finances and operations. In an official announcement Monday, July 23, the Foundation claimed to be the “first large-scale blockchain organization” to be edited by PwC. PricewaterhouseCoopers, headquartered in London, U.K., is one of the…

FTX, BlockFi claims settlement allowed to proceed, judge declares

A U.S. bankruptcy court judge has ordered the end of an automatic holding placed on claims settlement proceedings between the two bankrupt crypto companies FTX and BlockFi. Bankrupt crypto companies FTX and BlockFi have been allowed to proceed in negotiations for their claims settlement, according to a new court filing.On Nov. 13, United States bankruptcy

Solar Power Supplier Kyocera Teams up With Blockchain Firm to Improve Energy Distribution

Japan’s solar power supplier Kyocera has partnered with LO3 Energy to test blockchain-based virtual power plants (VPP) for improved energy distribution, according to a press release published on Feb. 25.Scheduled for Feb. 28, 2019, the test will allow the companies to evaluate the the feasibility of VPPs that promote a low-carbon society without fuels or…

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