Bitcoin price slips to $93K as liquidations soar and long-term BTC holders take profit

As global leaders discuss what needs to be done to address the concerns surrounding climate change at the COP26 summit in Glasgow, Scotland, businesses throughout the world are looking to achieve carbon neutrality. Environmental impact has been a hot topic in the crypto sector with renaming it as being a top priority.Earlier this year, electric…

The chances of another sell-off to $30,000 are slim, according to on-chain data. 644 Total views 17 Total shares Bitcoin (BTC) broadly held levels at $44,000 and above on Feb. 16 amid fresh optimism that another macro low would be avoided. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOBV sparks 2021 recovery comparisonsData from Cointelegraph Markets Pro…

ZachXBT flagged seven wallet addresses with $61 million in Bitcoin connected to the Lazarus hacking group.

To gain a deeper understanding of how professional investors feel about digital assets, Cointelegraph Consulting has published a 70+ page research report written by eight authors and supported by SIX Digital Exchange, BlockFi, Bitmain, Blocksize Capital, and Nexo. The Discovering Institutional Demand for Digital Assets report highlights which coins wealthy investors already own and which…

Twenty-seven percent of the funds stolen in the July 30 exploit have yet to be returned. 212 Total views 19 Total shares Binance Labs, the venture arm of cryptocurrency exchange Binance, has invested $5 million in Curve (CRV), the namesake token of the decentralized stablecoin trading platform.“Curve is the largest stableswap and second-largest DEX [decentralized…

CFTC commissioner Caroline Pham said that there are advanced discussions on global standards happening outside of the United States. 128 Total views 15 Total shares Own this piece of history Collect this article as an NFTCaroline Pham, the Commodity Futures Trading Commission (CFTC) commissioner, has recently called on regulators to provide clearer guidance on crypto…

Crypto presents an opportunity to create a significant revenue stream for sports clubs around the world, Fenerbahçe S.K. President Ali Koç said. 297 Total views 7 Total shares Fenerbahçe S.K., one of the three biggest sports clubs in Turkey, issued its own fan token on the Ethereum blockchain through a new partnership with the local…

Due to the Coronavirus outbreak in China, the government has taken a series of measurements to keep the situation under control. Businesses are being affected across the nation. With the existing quarantine control, people are staying right at where they are and not be able to return to their work. A mining farm, in particular, is…

Facebook’s plans to launch its cryptocurrency Libra this year has more than a few agencies in the European Union and the United States wondering what to do. While government bodies around the world are working to better understand crypto, regulations and laws pertaining to stablecoins aren’t being implemented quickly enough, according to a global finance…