Bitcoin trader eyes $60K next as bears force fresh BTC price rejection

Besides China’s ongoing struggle with the coronavirus, one of the defining narratives for the world’s largest country entering the new decade was its central bank-issued digital currency. Reportedly in its final phase of testing and ready for rollout in 2020, the Chinese CBDC has sparked speculation and intrigue from governments around the world.Just recently, a…

Ethereum is plagued with criticisms of its less than optimal scaling capabilities and high gas prices. There have been talks about increasing the scaling capacity of the Ethereum mainnet for a while now. However, the Ethereum ecosystem needs a solution for scaling right now, and if Ethereum is not able to give these new applications a…

If you ask 10 people what Bitcoin’s original purpose is, at least one person will say it’s meant to cut out the middleman, reduce the cost of transacting and empower those who might not have access to modern financial infrastructure. While all of those boxes might be ticked, another phenomenon of financial technology, and technology in…

Trezor and Ledger, two of the most prominent hardware wallet manufacturers, have long been locked in a rivalry.As part of Cointelegraph’s interview with Charles Guillemet, the CTO of Ledger, he revealed that the relationship is more complex than it may seem at first. Despite the rhetoric, cooperation and respect can be found as well.A collaborative…

Bitcoin (BTC) dropping to $25,000 or lower is unlikely thanks to hodlers hoping for all-time highs, not speculative traders, new research says.In a series of tweets on April 19, popular analyst Root argued that there is “no real reason” for a dramatic Bitcoin sell-off.No major selling from "maturing" hodlersBitcoin has yet to wow the market…

It seems that everyone — from corporate behemoths like Visa and Anheuser-Busch to socialite Paris Hilton and NBA legends Michael Jordan and Kevin Durant — has recognized the growing importance of nonfungible tokens (NFTs) for the 21st-century economy.World-renowned artists, athletes and musicians have been cashing in on the craze, lending legitimacy to this new use…

The FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months, "many of which may be scams." 365 Total views 3 Total shares The United Kingdom’s Financial Conduct Authority, or FCA, has announced it has 50 active investigations as part of its efforts to crack down on…

The blockchain industry shrugged off the craziness of the 2020 pandemic, with many companies thriving in the “remote” working environments brought about by COVID-19.Almost $700 million in mergers and acquisitions took place in 2020 across 83 transactions. That’s the largest number ever and a sizeable increase from the previous record of 69 M&A transactions in…