Bitcoin price 2-month highs on ‘soft landing’ may precede sub-$60K dip

Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks.

Cointelegraph Talks’ first event kicks off at 3:00 PM EST on April 21, featuring topics on e-payments amid coronavirus and the digital dollar. Cointelegraph is launching Cointelegraph Talks, a series of online events featuring top blockchain and cryptocurrency experts and executives.The first Cointelegraph Talks event kicks off at 3:00 PM EST on Tuesday, April 21,…

Bitcoin (BTC) begins the first week of 2023 in an uninspiring place as volatility stays away — along with traders.After failing to budge throughout the Christmas and new year break, BTC price action remains locked in a narrow range.Having sealed yearly losses of nearly 65% in 2022, Bitcoin has arguably seen a classic bear market…

Chinese Bitcoin mining company Canaan reported slight improvements in some of its financial metrics in the first quarter of 2023. The progress, however, is still far behind where it was last year in this period.According to an unaudited report posted on its investor relations page, Canaan’s net loss was $84.4 million in Q1, lower than…

Researchers at the Centre for Science and Security Studies at King’s College London have turned to analyzing "non-political" solutions for the problem of nuclear disarmament.The researchers' new report notes that the multilateral nuclear order consolidated around the United Nations' Non-Proliferation-Treaty, or NPT, has been consistently beset by problems of international cooperation, reinforced by the asymmetry…

A Swiss blockchain developer and Geely will provide enterprise blockchain solutions to clients, with a focus on digital identity, regtech and privacy enhancement technologies. 3198 Total views 14 Total shares Swiss enterprise blockchain developer, the Concordium Foundation, has signed a joint venture agreement with the $200 billion Chinese conglomerate, Geely Holding Group — the largest…

As more people get drawn into the profit potential of crypto, skeptics increasingly point out to the fraud and failure happening in the space. The various hacks, ransomware attempts on the Colonial Pipeline, and the high-profile failures of Terra/Luna, Three Arrows Capital, Celsius and most of all FTX/Alameda have done nothing to improve crypto’s tarnished…

Bitcoin (BTC) has been seeing significant momentum in previous weeks as its price was approaching the precious $20,000 all-time high. However, an abrupt end came to this glorious rally, with Bitcoin price crashing severely over the past 24 hours. Cryptocurrency market, 1-day performance. Source: Coin360While most investors were celebrating a potential new all-time high, the…