Bitcoin reclaims $62K, analysts say worst is ‘likely behind us’

Coinbase initially demanded a subpoena into Gary Gensler’s private communications before his time as SEC Chair but has changed tactics in its latest letter to the judge.

Things are looking up for Bitcoin and altcoins on Thursday, but the chance of a breakdown remains, one analyst warns. 683 Total views 29 Total shares Bitcoin (BTC) volatility is again overdue and one analyst is favoring an "impulsive" move towards $50,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: "Chill and wait" for Bitcoin breakoutData from…

Minecraft gets the Bitcoin treatment It seems like Minecraft has been around since the invention of computers, and there is a reason for that. Along with its official free updates, which provide extra content, the Minecraft ecosystem has an incredibly active community, helping it stay up to date. Thanks to the game’s open-ended gameplay, there…

The 50 billionth USDT token has been minted, Tether has confirmed. 3686 Total views 26 Total shares The market capitalization of Tether (USDT), the world’s largest stablecoin, zipped past $50 billion on Monday, in a sign that the cryptocurrency bull market was still heating up. Tether Operations Limited confirmed the milestone on Friday, with roughly 50…

Sophisticated investors appear to be spreading their risk across the crypto sector, with multi-asset products beating out BTC and ETH by inflows. 471 Total views 2 Total shares Institutional investors are yet to regain confidence in the crypto markets, with weekly crypto investment product volume dropping to its lowest level since October 2020. According to…

Bitcoin (BTC) price was targeting $10,500 on Sept. 3 as the latest renaissance for the largest cryptocurrency saw it deliver surprise gains. Market visualization. Source: Coin360Bitcoin price reverses losses to challenge $10.5KData from Coin360 tracked BTC/USD as it rose 6.2% in 24 hours beginning Monday night. After trailing around $9,700, the pair suddenly broke higher, smashing…

Central Bank Digital Currencies (CBDCs) have been an integral part of progressive discussions within the cryptocurrency community. CBDCs are virtual representations of the fiat currency of a particular country. They are often based on blockchain technology and are issued and regulated by the official monetary organization of the country. The feature that makes them different…

The amendments tackle arguments made by the SEC against the use of the CME BTC futures market for surveillance sharing. 387 Total views 9 Total shares Bitwise Asset Management has filed an amended application for a spot Bitcoin exchange-traded fund (ETF), beefing it up with 40 pages of new text responding to the United States

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the fall of the British pound and its impact on the cryptocurrency market. 364 Total views 20 Total shares On this week’s The Market Report show, Cointelegraph’s resident experts discuss why the British pound is at its all-time low and how that might…