Bitcoin sells the news on Hong Kong ETF debut — Will BTC hold $60K?

Social media platform Reddit continues exploring digital collectibles despite a significant downturn in the non-fungible tokens (NFT) industry.According to an official announcement on r/CollectibleAvatars, Reddit will drop its latest series of collectible avatars on July 26. According to social media reports, the new drop will be launched at 3:00 pm Eastern Time.Titled “Retro Reimagined,” Reddit’s…

Bitcoin in, and Bitcoin out: major players are deploying different strategies as BTC consolidates well under $58,400 highs. 1613 Total views 8 Total shares After a violent price reversal last week that saw Bitcoin retreat from all-time highs, traders and analysts are now eyeing major players and investors to gauge BTC’s next move — and…

The Dow Jones Industrial Average has declined for eight consecutive weeks, the first such losing streak since 1923. On May 20, the S&P 500 briefly fell into bear market territory, indicating that traders continue to sell risky assets in fear of a recession. Due to its tight correlation with US equities markets, Bitcoin (BTC) has remained…

This week will be remembered as the one when the stablecoins showed an unexpected ability to depeg. Terra’s TerraUSD (UST) dropped to a shocking $0.29 following the general meltdown of both crypto and financial markets, but it was also the headliner of stablecoins’ niche, while Tether (USDT) lost the balance and slid to $0.96 for…

Almost $77 million of Bitcoin (BTC) is currently unavailable to use on the network — not because it is lost, but because it is locked up in sidechains. Bitcoin sidechains: a nascent marketData from block explorers confirms that as of Oct. 17, a total of 9,661 BTC ($76.96 million) or a tiny 0.054% of today’s Bitcoin…

The CEO of KFC Venezuela, Antonio Sampayo, has denied a recent announcement that it will start accepting major altcoin Dash (DASH), Spanish language crypto media Criptonoticias reports Monday, Dec. 10.Sampayo explained that KFC had discussed a crypto-related test with Dash, but the contract has not yet been finalized. He also said that processing payments with…

Two Costa Rican residents were charged for selling drugs worth $270 million on the darknet. A federal grand jury in the District of Columbia has charged two Costa Rican residents for illegally selling opioids on the darknet. Originally from the United States, David Brian Pate is a darknet vendor who along with Costa Rican pharmacist Jose…

The Ontario Securities Commission says that the Vancouver-based crypto exchange was a fraud. 669 Total views 19 Total shares The Ontario Securities Commission, or OSC, claims that the crypto exchange Quadriga collapsed in 2018 because of fraud committed by its late founder, Gerald Cotten, who passed away on his honeymoon in India.The report released on…