Bitcoin price eyes $60K reclaim as gold hits fresh all-time high

After an impressive 23.7% rally between Oct. 25 and Oct. 31, Binance Chain BNB, has faced a strong rejection from the $330 resistance. Is it possible that the two-day 6% sell-off from the $337.80 peak could indicate that further trouble is ahead?Let’s take a look at what the data shows.BNB Coin (BNB) 12-hour at Binance,…

Traders hate uncertainty; hence, the settlement between Binance, Changpeng “CZ” Zhao and the United States Department of Justice is likely to be viewed as a positive for the cryptocurrency space. Analysts largely remained positive on the deal, but a few sounded cautious due to the Securities and Exchange Commission’s pending lawsuit against Binance.Bitcoin (BTC) and

Bitcoin mining firm Canaan posts second quarter financials, with Bitcoin mining revenue up 43% from Q1 2023, though net loss also rose 31% to $110 million. Bitcoin mining company Canaan announced its unaudited financial results for Q2 2023, showing growth in computing power sold and BTC mining revenues while it tackled a significant net loss…

The Senate held its first hearing on Gary Gensler's nomination to chair the SEC today. 2139 Total views 8 Total shares Today, the Senate Banking Committee held its first hearing on the nomination of Gary Gensler to chair the Securities and Exchange Commission. The role will have major influence on the future of crypto regulation,…

“Creating work with the voices of others is something to embrace,” said Holly Herndon. 89 Total views 2 Total shares American musician and composer Holly Herndon seems to be capitalizing on the principle of deepfake technology by allowing fans to use a digital version of herself to create original artwork they can then sell.According to…

Forte Labs' vice president of token economics explained blockchain underpinning can affect in-game asset supply and demand economics. 775 Total views 17 Total shares During a gaming-focused Unitize digital conference panel, Mike Termezy, vice president of token economics at blockchain technology services company Forte Labs, explained blockchain can alter gaming market ecosystems.Blockchain can lay out…

Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million. 1016 Total views 9 Total shares Singapore-based crypto lender Hodlnaut is reportedly facing a police probe over alleged offenses of cheating and fraud.According to reports published in local media, the police’s commercial affairs department has launched an investigation…

Opera is launching today a “Labs” beta edition of its desktop web browser with built-in crypto wallet functionality, according to an exclusive blog post shared with Cointelegraph Monday, September 24.Opera first announced it would be integrating a built-in crypto wallet for its desktop browser in early August, and “Labs” is today open for private beta…

The aftermath of the Ethereum Merge gives no respite to crypto bulls, who face continued market pressure as stocks also trend down. 168 Total views 3 Total shares Bitcoin (BTC) attempted to violate local lows on Sep. 16 as the latest cross-crypto downtrend intensified.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo relief for BTC bulls post…