Bitcoin price targets include $50K as Nvidia crash shakes Nikkei, gold
Bitcoin investors join risk assets in a “rush to the sidelines” amid BTC price lows of under $56,000.
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Judge Denies AT&T Request for Dismissal in $224M SIM Swap Crypto Case
The federal judge overseeing Terpin v. AT&T — a legal battle pertaining to stolen crypto via SIM-swapping that has been going on for almost a year — has denied the telecom giant’s motion for dismissal.As previously reported by Cointelegraph, investor Michael Terpin had sued AT&T for $224 million. Terpin reportedly lost $24 million as a…
Does high US consumer debt benefit Bitcoin price?
Cointelegraph analyst and writer Marcel Pechman breaks down consumer debt and why it might lead to a good outcome for BTC. 76 Total views 2 Total shares On the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman explains why United States consumption remains strong while auto-loan and credit card balance delinquency is accelerating. According to…
IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin
The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender. 3019 Total views 9 Total shares The International Monetary Fund has said El Salvador’s recent decision to make Bitcoin legal tender in the country may raise legal and financial concerns.In a Thursday press…
Recent Firefox’s Zero-Day Flaw Was Used in Attacks Against Coinbase’s Employees
The recent Firefox’s zero-day security flaw was used in attacks against major crypto exchange and wallet service Coinbase, according to a tweet from Coinbase security researcher Philip Martin posted on June 20.As Martin found, the reported critical zero-day vulnerability in Mozilla’s Firefox web browser, which was announced on June 18, has actually emerged along with…
Indian Government Policy Think Tank Releases National Blockchain Strategy
A policy think tank of the Indian government, NITI Aayog, has released its national blockchain policy draft paper dubbed “Blockchain — The India Strategy” which explains different use cases of blockchain in India along with some conclusions from ongoing pilot projects. NITI Aayog was established with the aim to achieve sustainable development goals by fostering the…
Is a retail frenzy causing the Bitcoin futures’ markets excessive leverage?
Bitcoin (BTC) has breached the $50,000 level on Feb. 16. But while failing to cleanly break the psychological barrier, it undoubtedly displayed the potential for even higher valuations.Meanwhile, futures and options indicators are misaligned, signaling excessive buyers' leverage, while options markets remain calm. After analyzing both markets, one might theorize what has caused this apparent…
Social media interest in Bitcoin hits all-time high
As Bitcoin's price soars, the cryptocurrency has broken several key Twitter metrics 1053 Total views 10 Total shares Twitter analytics data indicates that as Bitcoin continues to post all-time highs well into the $30,000s, social media interest in the digital currency is likewise setting new records across numerous key metrics. In a tweet Saturday night, the…
SEC to target crypto firms operating as ‘qualified custodians’ — Report
If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC. Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission (SEC) is reportedly planning to propose…