Bitcoin still lacks $60K support as BTC price nears $100M liquidity zone

Seba, a young Swiss-based digital asset bank holding regulatory licensing, looks to attempt a secondary capital raise to garner over $95 million in additional funds.During the raise, Seba aims to secure 100 million Swiss francs, equivalent to $96.5 million, “from new investors, including financial institutions, family offices and individuals,” Financial News London wrote in a…

Bitcoin (BTC) prepared for a rare bear feature to return on May 8 after an overnight sell-off took the market ever closer to January lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC circles $34,400 lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $34,200 on Bitstamp, recovering to trade around $500 higher at the time…

Charles Hoskinson, the co-founder of Ethereum (ETH) and IOHK, the company behind Cardano (ADA), has criticized Ethereum and EOS’s approach to development. Hoskinson made his comments during an interview with business news outlet Fortune published on April 9.During the interview, Hoskinson noted that most protocols publish all their code open source and free from patents,…

A French firm has claimed that its new crypto fundraising vehicle, the ‘Believers Reward Offering,’ or BRO, will supersede ICOs and save businesses from economic crisis. 2456 Total views 38 Total shares France-based crypto asset issuance platform Tozex claims to have created a new vehicle for crypto financing that can offer firms a way out…

The nation of Qatar is a World Bank “high-income economy,” backed by the world's third-largest natural gas and oil reserves. It has the third-highest GDP per capita in the world (by purchasing power parity), with very high human development. Similar to other Gulf Cooperation Council states — which also include the United Arab Emirates, Saudi…

The new Ether ETFs could also increase institutional investor participation, according to a Nansen analyst.

London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for foreign exchange (forex) trade settlement by a quarter, Reuters reported on Feb. 14.According to Mark Williamson — chief operating officer of forex cash trading and risk management at HSBC — the bank processes anywhere between 3,500 and 5,000 trades a day using its…

BlockShow, an international blockchain event powered by Cointelegraph, announced its new conference, BlockShow Asia 2019, which will be held at Marina Bay Sands Expo in Singapore on Nov. 14-15. The conference will focus on the most promising projects that have weathered the challenges of the recent crypto bear market.As Cryptopolitan reported in February, initial coin…

South Korea’s Cyworld social media platform shuttered its services on Oct. 1 without giving any prior notice, English-language local media The Korea Times reported on Oct. 14. What’s more, the website for its Clink (CKCT) crypto-asset has also become inaccessible.In response to the news, local cryptocurrency exchanges supporting Clink, namely CoinZest and BitSonic, are now…