Bitcoin taps $62K as 6% BTC price rebound runs into stubborn US dollar

When the sentiment in the market turns bearish, every bit of negative news, however insignificant, pulls the price down as traders panic sell. This is what happened after China’s social media giant, Weibo, suspended a number of crypto-related accounts and triggered fears that a wider crackdown could occur.In other news, a note from Goldman Sachs…

The bankrupt crypto lender's request marks another step toward the return of users' funds, a process that the company began in August. 35 Total views 2 Total shares Defunct crypto lending firm BlockFi applied to the court a request to transfer the trade-only assets from its users' accounts into stablecoins, so they could be withdrawn

Milei won over 55% of the votes with 99% of the votes counted in the run-off presidential election. 84 Total views 1 Total shares Argentina's Bitcoin (BTC)-friendly Javier Milei won the country’s presidential run-off election on Nov. 19, beating out his opponent Sergio Massa.With almost 99% of the vote counted, Milei won over 55% of

Cecabank, Abanca and Adhara Blockchain have been chosen from the 24 applications received over the past year. 5484 Total views 17 Total shares Spain’s central bank, Banco de España, has chosen its collaborators a year after publishing an open call for partners to participate in central bank digital currency (CBDC) tests. On Jan. 3, the

Bitcoin (BTC) looks poised to pursue a run-up towards $100,000 as its price breaks out of a classic bullish structure.Dubbed as Bull Pennant, the setup represents a price consolidation period with converging trendlines that form after a strong move higher. It ultimately prompts the price to break out in the direction of its previous trend…

Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure.As data privacy pressure on Big Tech increases, these companies are starting…

AVAX surged while other tokens plunged, with analysts pegging its outperformance on being relatively undervalued while forging new partnerships with JPMorgan and Citi. Avalanche (AVAX) appears to be one of the few major cryptocurrencies to buck the recent crypto decline, posting a phenomenal 79% weekly gain as others have declined.Some analysts believe this is due

United States-based Investment management firm AdvisorShares and investments advisory company Sabretooth Advisors will jointly launch an exchange-traded fund (ETF) that tracks tech companies, including those involved with blockchain and cloud computing, MarketWatch reported on Feb. 6.ETFs are marketable securities that track a basket of assets proportionately represented in the fund’s shares. ETFs are offered on…

Smart contracts are an important element of the blockchain revolution, although they predate blockchain. According to most sources, it was Nick Szabo who coined the term “smart contract” in the 1990s. The mechanism of a vending machine has since been frequently given as an example of a basic smart contract based on if-then logic. The…