Bitcoin price reclaims 6 figures on CPI relief as traders see $110K+ next
Bitcoin price targets rise as a swift comeback sees BTC/USD spike through the $100,000 mark.
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While decentralized finance has stolen the show with big-number headlines over the past year — the closely-watched Total Value Locked (TVL) figure notably growing nearly 800%, rising from $20 billion at the start of 2021 to $157 billion at May peaks — centralized crypto financial services have likewise enjoyed explosive growth.According to Kalin Metodiev, CFA…
Would you like fries with that? Fast-food chains are serving up NFTs
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Institutional demand for Bitcoin evaporates as BTC struggles below $31K
The rocky road that Bitcoin (BTC) has been on for the past two months continued on July 19 as a widely predicted move downwards materialized in the early hours on Monday and dropped the price of BTC below $31,000. Data from Cointelegraph Markets Pro and TradingView shows that a wave of mid-day selling pushed the price of…
Bitcoin Mining Firm Layer1 Accused of Copyright Infringement
Layer1 — a Bitcoin mining firm backed by PayPal co-founder Peter Thiel — was accused of copyright infringement. 388 Total views 1 Total shares United States-based cloud computing company Lancium LLC has filed a lawsuit against Bitcoin (BTC) mining firm Layer1 for patent infringement in the Western District Court of Texas.According to a complaint filed…
Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price
Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000.
Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high
Bitcoin (BTC) and Ethereum's native token, Ether (ETH), started the week on a depressive note as investors braced themselves for a flurry of rate hike decisions from central banks, including the U.S. Federal Reserve and Bank of England.Bitcoin price fails to hold $20,000On Sep. 19, BTC's price has failed to regain the $20,000 psychological support…
Japan’s Banking Giant MUFG Signs MoU to Develop Ripple-Based Remittances to Brazil
Japanese bank holding and financial services company Mitsubishi UFJ Financial Group, Inc. (MUFG) said it will use Ripple (XRP) to create a new cross-border payments service to Brazil in a press release Nov. 9.MUFG, which has demonstrated an increasing interest in cryptocurrency products, will partner with Brazil’s Banco Bradesco to create the platform through its…
Elon Musk endorses pro-crypto presidential republican candidate
Musk's statement, "He is a very promising candidate," piqued curiosity about Ramaswamy's candidacy and his stance on cryptocurrencies. Entrepreneur and Tesla CEO Elon Musk has thrown his support behind Vivek Ramaswamy, a young and emerging United States Republican presidential candidate.Musk responded to a post of the presidential candidate’s interview on Tucker Carlson's digital program, a…