Bitcoin ‘potentially reached’ local bottom, Bitfinex says

New data shows a dramatic rise in the number of Bitcoin wallets holding anywhere between 100 BTC to 1,000 BTC, but there may be a catch. 3781 Total views 7 Total shares The amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla announced its foray into the cryptocurrency sector in early…

Retail giant Overstock has released its Q2 2019 financial results, revealing a 23% decrease in revenue and a 19% loss in gross profit.In a shareholder announcement published on Aug. 8, Overstock stated that its blockchain subsidiary firm, tZERO, is progressing as planned, with a focus on six key areas — notably security tokens.No pain no…

A classic Fibonacci retracement could land BTC/USD at $6,300 or lower and still not disturb the long-term trend. 1790 Total views 17 Total shares Bitcoin (BTC) could crash to $6,000 and still remain bullish, one trader claimed on June 26 as the largest cryptocurrency tested $9,000 support.In a Twitter analysis, the popular trader known as…

The world’s second-ever CBDC has yet to reach 1% of Nigeria’s population, according to the IMF assessment. 61 Total views 1 Total shares Nigeria’s eNaira central bank digital currency (CBDC) is over a year old, and the International Monetary Fund (IMF) has a late birthday present for it, in the form of a working paper…

Aggressive profit-booking sent Bitcoin (BTC) spiraling below $29,000 on  Jan. 21 but was this a sign that institutional investors dumped their positions? This is one of the main questions bothering traders because large institutional inflows primarily led the run-up to $42,000.Cointelegraph contributor Marcel Pechman analyzed derivatives data from various exchanges, which showed professional traders might…

A fresh burst higher into the weekly close for BTC price comes in tandem with suspicions over the motives of large-volume Bitcoin exchange traders. 5447 Total views 30 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) tapped $25,000 for a third time on Feb. 19 as an all-important weekly…

One of the most intractable problems in DeFi may be facing a ecosystem-wide effort as a growing number of protocols are beginning to get creative with their advertising and outreach efforts. Automated market maker Uniswap announced today a collaboration with esports group Team Secret. Funded by the Uniswap Grants Program, Uniswap will become an official sponsor…

Password-stealing malware is being spread by hackers through NFT airdrops purporting to be Solana Phantom security updates. 150 Total views 22 Total shares

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin price did not crash 60% due to coronavirus, Binance CEO saysIt’s…