Bitcoin price has legs above $100K despite holders booking record profits — Analysis

Bitcoin price faces strong resistance at $9,000 but if the upsurge continues post-halving, BTC could reach new range highs. 2380 Total views 38 Total shares The Bitcoin (BTC) block reward halving is set to occur on May 12 and traders have mixed opinions on the direction of BTC price following the event. Some believe that…

The concept of Vision Tree’s “Open Source Money” series was always an intriguing one. A documentary-cum-reality TV show following the trials and tribulations of Disney-incubated Dragonchain (DRGN) as it attempts to negotiate a path through the perilous waters of United States Securities and Exchange Commission (SEC) scrutiny.With the premiere now upon us, 10 a.m. Eastern…

A class-action lawsuit accusing MakerDAO of misrepresenting the risks associated with its DAI stablecoin has been stayed pending arbitration proceedings. 465 Total views 1 Total shares A court has agreed with the Maker Ecosystem Growth Foundation that a class-action lawsuit over its ‘Black Thursday’ meltdown should enter into arbitration proceedings.The Maker Foundation filed this motion…

Chile-based peer-to-peer remittance company CurrencyBird has joined RippleNet, Ripple’s global blockchain-based network of payment providers, according to an announcement published on July 25.CurrencyBird has thus ostensibly become the first Chilean payments company to join RippleNet, a network of institutional payment-providers such as banks and money services businesses that use solutions developed by Ripple to send…

DBSV and Independent Reserve previously received MAS’ in-principle approvals to provide digital payment token services. 51 Total views 2 Total shares Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies to offer cryptocurrency services in the country.MAS issued Oct. 1 licenses to Australian crypto exchange Independent Reserve and DBS…

Among the education centers involved include colleges in Australia, Cyprus and Germany, Nigerian-based tech hub Utiva, Women in Tech, and two Ukrainian organizations. 5538 Total views 69 Total shares Own this piece of history Collect this article as an NFTThe philanthropic arm of Binance — Binance Charity — is set to fund 30,655 scholarships to…

Bitcoin (BTC) is “eating the world” thanks to ten-year returns of over 6,200,000% and annualized returns of roughly 200% per year, investment strategist Raoul Pal has said.In a tweet on Dec. 15, Pal revisited his oft-quoted phrase as new data showed the extent of Bitcoin’s outperformance of major assets.Bitcoin record profits laid bareAs noted by…

The Virtual Assets Regulatory Authority of Dubai has previously given approval for Crypto.com, OKX and FTX subsidiaries to offer crypto-related services in the emirate. 381 Total views 46 Total shares Blockchain wallet and cryptocurrency exchange platform Blockchain.com has reportedly secured regulatory approval from Dubai’s Virtual Assets Regulatory Authority, or VARA.According to a Friday report from…