Bitcoin reserve won’t solve US debt crisis: Think tank co-founder

Friday, Oct. 18 — Bitcoin (BTC) has lost support at $8,000 again after a brief recovery ended up further downward selling pressure. Cryptocurrency market daily overview. Source: Coin360Bitcoin eyes lower support bandsData from Coin360 showed BTC/USD briefly hit $7,850 on Friday before rebounding to just above $7,900. The latest dip capped daily losses of up to 2%…

Bitcoin traders are eyeing $68,000 if it can stay above $64,000, a level it has struggled to hold above for 20 days.

KuCoin is partially restoring crypto withdrawals after a major hack. 916 Total views 19 Total shares The KuCoin cryptocurrency exchange is partly restoring deposits and withdrawals following a major hack.As KuCoin officially announced on Oct. 7, the platform has completed the wallet security upgrade for major cryptos like Bitcoin (BTC), Ether (ETH), and Tether (USDT).Following…

This week the total crypto market capitalization rallied 10% to $1.68 trillion, which is a 25% recovery from the Jan. 24 bottom. It's too early to suggest that the market has found a bottom but two key indicators — The Tether/CNY premium and CME futures basis — have recently flipped bullish, signaling that positive investor…

The Italian Banking Association (ABI) has revealed they successfully passed the initial phase of testing their blockchain-powered interbank system, Italian financial media outlet Ansa reported September 29.By applying distributed ledger technology (DLT), the group of 14 Italian banks is planning to improve interbanking processes. Specifically, the association intends to boost the processing time of operations,…

Short sellers are targeting MicroStrategy stock, but what is the reasoning behind it?

Cointelegraph Markets spoke with Wall Street veteran and host of the Keiser Report, Max Keiser, who explains the increasingly important role of Bitcoin in geopolitics amid potential “hash wars” and why he believes Paul Tudor Jones will become the biggest holder of BTC within two years.         Your 200K+ follower Twitter account @maxkeiser went silent for a…

Bitcoin (BTC) and Ether (ETH) have again risen to a new all-time high on Nov. 10, indicating that the trend remains firmly in favor of the bulls.In a recent report from Kraken exchange, analysts said that the current quarter’s price action has a correlation of 0.88 with the fourth quarter of 2017. Bitcoin had rallied…

After halting support for BybBit’s crypto services in May 2024, Citadel-backed Hidden Road inked a new crypto partnership with Bitfinex exchange.