Bitcoin price could hit $63K amid $3.9B futures expiry
Bitcoin needs to hold above the $65,000 mark for more upside, while Ether price is weighed down by a sell-the-news event, according to analysts.
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Shanghai Man: Bitcoin interest drops in China amid crackdown on social media and miners
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. This week, following a tumultuous few weeks of regulation, the Bitcoin world’s focus shifted to Miami and Latin America. Searches for Bitcoin on…
Bitcoin Price Hits $8.8K Only to Crash in a ‘Logistical Move’ — Trader
Bitcoin price (BTC) traded broadly lower on Oct. 11 after sudden volatility broke a sideways trend in place since earlier in the week. Cryptocurrency market daily overview. Source: Coin360Bitcoin analyst prepares for range-bound tradingData from Coin360 showed BTC/USD circling $8,350 on Friday, having jumped to a local high of above $8,770 earlier. The enthusiasm was short-lived, with…
President Maduro Orders The Bank of Venezuela to Accept Petro Crypto
Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July 4.According to the tweet, Maduro gave “the express order to open Petro desks in all the branches of the Bank of Venezuela.” The…
Binance’s FTX acquisition seen as chess move by crypto community
"Who needs Netflix when you are in crypto?", commented a user on Twitter as the crypto industry attempts to digest the acquisition of cryptocurrency exchange FTX by its rival Binance. The deal, disclosed on Nov 8., has been compared with a "chess move" by some, insinuating that Binance's strategy intentionally led to the deal.Users on…
US: Satellite Service DISH Adds BCH Payment Option, Moves to BitPay Payments Provider
U.S. satellite service provider DISH has announced it has added Bitcoin Cash (BCH) as a payment option and migrated to the BitPay payments provider, according to an official press release August 9. The DISH Network Corporation was among among the first satellite service providers in the world to accept Bitcoin (BTC) payments back in 2014.…
Greece Extradites Alleged Launderer of $4B in BTC Alexander Vinnik to France
Greece’s Council of State ruled for the extradition to France of former operator of now-shuttered crypto exchange BTC-e and Russian national Alexander Vinnik.English-language local news outlet Greek Reporter reported on the court’s decision on Jan. 23. Yesterday, Russian news agency TASS reported that Russian Foreign Minister Sergey Lavrov protested:“The decision to extradite him to France…
Puerto Rico wants to combat corruption with blockchain technology
A mayor in Puerto Rico pleaded guilty to accepting a bribe of more than $100,000 in cash last week. 453 Total views 25 Total shares Following another corruption scandal, the government of Puerto Rico is reportedly seeking to improve its anti-corruption efforts by adopting blockchain technology.Puerto Rican House Speaker Rafael “Tatito” Hernandez announced that lawmakers…
Survey shows that 67% of Canadians want to get paid in crypto by 2027
A study suggests that receiving payments in digital assets is becoming more popular in Canada. 257 Total views 33 Total shares Receiving payment in crypto is gathering interest in Canada. A recent Capterra survey of 1,000 Canadian respondents revealed that 67% of the participants are interested in being paid in crypto in the next five years.The…