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

The price of Ether (ETH) declined 6% between March 2 and 3, followed by tight-range trading near $1,560. Still, analyzing a wider time frame provides no clear trend, as its chart can point to a descending channel or a slightly longer seven-week bullish pattern.Ether (ETH) price index in USD, 1-day. Source: TradingViewEther’s recent lack of…

When asked about Bitcoin or Ether, SFC executive Julia Leung Fung-yee did not respond but reiterated that “highly liquid” products will be allowed. 387 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe new licensing program, scheduled to take off in June, will restrict retail traders in Hong Kong…

The Singapore-based crypto exchange announced Paris, France as its regional headquarters after receiving its French Digital Asset Service Provider license in September. 146 Total views 3 Total shares

Bitcoin (BTC) edging ever closer to $9,000 support may lead to a major sell-off by exchange users, one analyst warns.According to data from on-chain analytics resource CryptoQuant, inflows of BTC to exchanges spiked on July 15.Kraken posts unusual $38.5M daily BTC inflowsWhen traders return Bitcoin to exchanges from a private BTC wallet, it suggests they…

A “new wave of retail investors” is waiting to adopt digital assets. 771 Total views 12 Total shares Fidelity Digital Assets, the cryptocurrency custody and execution arm of United States financial services giant Fidelity, has claimed in a new report that retail investors will turn their attention to digital currency as they become more familiar…

A combination of human expertise, NFTs and blockchain technology could help humanity protect its priceless artifacts from theft and looting. 79 Total views 1 Total shares Computer scientist Adel Khelifi, of the University of Abu Dhabi, and archaeologist Mark Altaweel, from University College London, recently announced the development of a Web3-based verification-as-a-service model for determining…

Other notable corporate investors include BlackRock, Morgan Stanley, Samsung, and Goldman Sachs, according to a report from Blockdata. 131 Total views 1 Total shares Google parent company Alphabet poured the most amount of capital into the blockchain industry compared to any other public company, investing $1.5 billion between Sep. 2021 and Jun. 2022, a new…

A sharp fall in the cryptocurrency's price in May and June appears to have coincided with the increase in wallet addresses holding more than one Bitcoin. 199 Total views 4 Total shares Smaller Bitcoin (BTC) investors have found a unique opportunity during the crypto slump to snap up their favorite cryptocurrency. The number of "wholecoiners"…