Bitcoin ‘potentially reached’ local bottom, Bitfinex says

Bitcoin (BTC) traded in a narrow range this week and is on target to form the third consecutive Doji candlestick pattern on the weekly chart. The cryptocurrency markets did not receive any support from the United States equities markets, which ended the week on a negative note. The S&P 500 Index dropped 1.3% while the

Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia. 79 Total views 2 Total shares Argentina-based Num Finance has announced it has gone live with a n stablecoin pegged to the Colombian peso, the company announced Aug. 24…

The Ether price has held above $1,820 for the past three weeks, despite facing a 13.7% correction between April 18-21. Still, analyzing a broader time frame provides a more constructive view, as Ether (ETH) has gained 20.8% in three months while the S&P 500 stock market index has stood flat. However, according to ETH options…

A report updated by Japan’s self-regulatory body JVCEA shows the number of active crypto traders in the country decreased in March. Before a state of emergency had officially been declared to slow the spread of the pandemic in Japan, overall activity on crypto exchanges decreased as there was a spike in fiat deposits.According to data…

Deribit, a crypto futures and options exchange that is moving from the Netherlands to Panama to avoid Europe’s new Anti-Money Laundering law has released its newly updated Know Your Customer (KYC) policy.In a Jan. 17 blog post, Deribit clearly said that its relocation to Panama has been mainly caused by the new Anti-Money Laundering Directive…

Increasingly more industries are adopting blockchain technology to grow their brand awareness, including luxury car makers.

Bitcoin (BTC) failed to hit $100,000 during the 2021 bull market because defunct exchange FTX kept selling BTC, analysis claims.In an X post on Oct. 12, Joe Burnett, senior product marketing manager at Bitcoin financial services firm Unchained, joined voices arguing that FTX executives suppressed BTC price strength.FTX testimony reveals mass BTC sellingAs the trial

In Cointelegraph Markets Pro’s latest VORTECS™ Report, the institutional-grade crypto trading platform displayed how its members could have captured a cumulative 223% gain by following five trades based on three different Markets Pro indicators. The report depicts trading alerts generated between February 12 – 18, 2023. The potential gains available to Cointelegraph Markets Pro subscribers significantly…

Cryptocurrency exchange Kraken has acquired Interchange, an accounting and portfolio reconciliation service provider for institutional cryptocurrency investors.A press release published on July 31 outlines that the acquisition supports Kraken’s creation of an end-to-end crypto trading and reconciliation platform. An arsenal of tools for institutional clientsAs the release outlines, Interchange’s co-founders and crypto veterans Dan Held and…