Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally

Bitcoin celebrates a milestone of 5,000 days online on Sept. 12, 2022, as miners continue to solve valid blocks on average every 10 minutes. 302 Total views 37 Total shares The world's largest cryptocurrency reached a milestone on Monday, Sept. 12 — Bitcoin (BTC) celebrated 5,000 days of uptime. The network has functioned almost without…

On March 11, the United States Department of Labor warned employers that sponsor 401(k) retirement plans to “exercise extreme care” when dealing with cryptocurrencies and other digital assets, even threatening to pay extra legal attention to retirement plans with significant crypto investments.Its rationale is familiar to any crypto investor: The risk of fraud aside, digital…

A strong bull market tends to attract speculators and newbie traders who hop on to the rally with an aim to get rich quickly. In their eagerness to earn huge profits, traders throw caution out of the window and take on excessive leverage. While this strategy is fruitful during the asset’s up-move, sharp corrections wipe…

After the recent correction, Bitcoin (BTC) will need aggressive inflows to absorb the possible selling from the short-term traders and momentum players as the price nears $40,000. In the past few months, Grayscale Investments has been one of the major entities responsible for the pickup in demand.However, JPMorgan Chase analysts pointed out in a recent…

Colorado Securities Commissioner Gerald Rome has ordered three crypto firms alleged of promoting unregistered Initial Coin Offerings (ICOs) to show cause, according to a press release August 28. An order to show cause is a court order that compels a party or individual in a case to justify, prove, or explain something in court. The…

Bitcoin (BTC) is at a crossroads as it starts a new week — hovering around $40,000 but with serious headwinds keeping it from bouncing higher.After an impressive weekend that saw highs above $42,500, a comedown saw BTC/USD lose the $40,000 mark.A reversal and consolidation were broadly expected — the pace of gains over the past…

Hong Kong risks falling behind in crypto as the city is urged to speed up regulation to keep pace with the rapidly evolving industry.

After its June 20 launch, ZRO surged 15.15% within just 20 minutes before sharply tumbling 22% as people debated whether the donation mechanism was genius or just an excuse for a “tax.”

Former IRS supervisor Greg Monahan replaces Karen Leong as the global money laundering reporting officer of Binance. 297 Total views 4 Total shares Former United States Treasury Criminal Investigator Greg Monahan joined major cryptocurrency exchange Binance to oversee the company's international Anti-Money Laundering (AML) efforts, the exchange announced on Aug. 18.Before replacing Karen Leong as…