Bitcoin price to $62K? Bearish div hints at a slow start to Uptober
Bitcoin open interest is testing a yearly high range of $35B while spot volumes remain skewed towards the sell side, indicating higher downside volatility.
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South Korea arrests Bitsonic CEO for stealing $7.5 million of users’ money
The Vice President of the crypto exchange would also be put on trial, but without preliminary detention. 22 Total views 1 Total shares The CEO of the crypto exchange Bitsonic, who was under investigation for stealing investments and deposits, was arrested by South Korean police. The Vice President of Bitsonic would also be put on…
Ledger releases white paper for hardware wallet seed recovery tool
Despite facing notable criticism over the Ledger seed recovery tool, the hardware crypto wallet firm expects to launch the Ledger Recover tool in Q4 2023. 100 Total views 2 Total shares Major hardware cryptocurrency wallet provider Ledger is getting closer to launching its planned solution to allow users to back up and recover a Ledger…
Coronavirus ‘Didn’t Cause’ Crash, BTC Recovery ‘Will Take Months’: Hodler’s Digest, Mar. 16–22
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin price did not crash 60% due to coronavirus, Binance CEO saysIt’s…
Bulls abandon ship as a $93M Bitcoin options imbalance favors BTC bears
On Dec. 11, a total of $540 million in Bitcoin (BTC) options open interest is set to expire. This number mimics the past month's $525 million options expiry, as monthly and quarterly options typically concentrate the most volume. Although both dates present somewhat unusual activity, this time around, bears seem in control. Data also shows that…
Bitcoin bull Tim Draper reveals the secrets of his altcoin portfolio
Tech billionaire, Tim Draper, has revealed he owns a myriad of altcoins in addition to his 30,000 BTC. Tim Draper, the prominent venture capitalist and tech billionaire who purchased nearly 30,000 Bitcoins (BTC) that were seized from the Silk Road, has revealed his digital currency holdings span at least half a dozen different crypto assets. …
Crypto Biz: Riot increases Bitfarms stake in takeover strategy
This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil.
Bitcoin’s top 100 ‘dustiest’ wallets contain over $88M in BTC
More than $88 million is held in the top 100 Bitcoin wallets, which are classified as containing a “minuscule amount” of BTC.
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin
Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen. 138 Total views 16 Total shares Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of…