Bitcoin seen following stocks as BTC price gains 2.5% to attack $61K
Bitcoin stands to gain from increasingly risk-on macro sentiment, but can it shift a stubborn BTC price range?
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The cryptocurrency ecosystem is showing signs of a recovery on Sept. 22 following a 48-hour corrective stint which saw Bitcoin and altcoins sell-off to their swing lows. Equities and crypto investors were clearly worried about the possible bankruptcy of China’s Evergrande real estate firm and many feared that the possible default could spark a global…
Uphold exchange denies owing millions to failed crypto lender Cred
Crypto exchange Uphold has denied owing around $784 million to the liquidation trust of bankrupt crypto investment platform Cred.At a court hearing on Jan. 11, Uphold filed a motion to dismiss all counts in the suit served against the firm by Cred in June 2022.Cred was a crypto lending service that filed chapter 11 bankruptcy…
CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals
CoinFLEX is moving quickly to retrieve as much liquidity as it can from a debacle that has left it $84 million short due to a delinquent account held by an unnamed whale. 156 Total views 42 Total shares Crypto investment platform CoinFLEX is moving forward with its plan to reclaim $84 million in funds by…
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OpenAI’s move to for-profit: Is it indeed ‘illegal’?
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Japanese Web3 developer HashPort Group raises $8.5M in funding round
The funds will be used to aid the firm's global expansion across tough regulatory landscapes. 348 Total views 2 Total shares Japanese blockchain developer HashPort has raised 1.2 billion Japanese yen ($8.5 million) in a Series C funding round led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners and Japanese billionaire…
Rival blockchain projects angling for talent from Terra developers
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Bitcoin Price Matches Stock-to-Flow Forecast as $100K Halving Nears
Bitcoin (BTC) now almost perfectly aligns with the historically accurate price chart, which has charted its growth from pennies to digital gold.According to data from Digitalik, a resource that monitors Bitcoin's position relative to the Stock-to-Flow model, as of Jan. 20, BTC/USD is exactly where it should be. $8.6K Bitcoin sticks rigidly to forecastsStock-to-Flow measures the…