Bitcoin targets $120K in January amid record Binance stablecoin reserves
Bitcoin analysts predict a rally to $120,000 during the first month of 2025, with nearly $45 billion worth of stablecoin reserves awaiting deployment on Binance.
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Bitcoin’s Correlation With Gold Is Weakening, Says New Kraken Report
A drop in Bitcoin trading resulted in a six-month low of Bitcoin’s annualized volatility. 1126 Total views 19 Total shares Though Bitcoin’s (BTC) correlation with gold has diminished, the asset’s correlation with the S&P 500 stock market index is on the rise, researchers from Kraken exchange found.Kraken Intelligence, a research arm of major United States…

Ankr partners with Microsoft to offer enterprise node services
The partnership will offer low-latency blockchain connections for Web3 projects, enabling developers to focus time on scaling their applications. 1253 Total views 16 Total shares Own this piece of history Collect this article as an NFTMicrosoft has partnered with decentralized blockchain infrastructure provider Ankr to provide a novel node hosting service on the Microsoft Azure…

Mt. Gox-labeled wallets move billions in Bitcoin amid hopes of payback
Billions in Bitcoin reportedly belonging to collapsed crypto exchange Mt. Gox has moved to an unknown wallet.

Czech gov’t moves to exempt crypto held for 3+ years from being taxed
The prime minister said Czech residents would not have to report crypto transactions under $4,200 per year or pay taxes for selling digital assets held for more than three years.

Bulls hesitate to buy the dip after Bitcoin price falls close to $35K
On June 18, Bitcoin (BTC) and traditional markets faced another day of downward pressure comments from the United States Federal Reserve about the possibility of raising interest rates sooner than expected has led to a spike in the price of the U.S. dollar at the expense of risk assets and treasury notes. The Fed doesn’t deserve…

ICO issuer charged with fraud by SEC for selling unregistered security
U.S. securities regulators are still going after ICO cheats from the 2017-18 bull market. Initial coin offerings raised tens of billions of dollars during the last major cryptocurrency bull market. 1236 Total views 5 Total shares The United States Securities and Exchange Commission, or SEC, has charged a cryptocurrency issuer for “making materially false and…

Algorithmic Crypto Trading Firm GSR Launches Crypto Hedging Product
Hong Kong-based algorithmic crypto trading firm GSR launched cryptocurrency variance swaps, a product for hedging against volatility. The company announced the development in a press release published on April 24.Per the announcement, the variance swaps will allow investors, traders, businesses and other crypto portfolio holders to hedge against crypto volatility. According to Investopedia, a financial…

Ethereum bulls retain hopes of $10K despite ETH price chart bear flag
Ethereum's native token Ether (ETH) looks poised to extend its selloff this week as it wobbles near a key support level of $4,000.ETH price dropped by over 5.50% on Dec. 6 to an intraday low at $3,913. In doing so, it slipped through upward sloping support that constituted an Ascending Channel that — more or…