Bitcoin traders hope bottom is in after BTC price bounces 9% from lows

The European Central Bank (ECB) remains open to the idea of a digital euro equivalent but would want to stop citizens holding too much of it. That was the conclusion of a fresh working paper on so-called central bank digital currencies (CBDCs) by Ulrich Bindseil, the bank’s Director General of Market Infrastructure and Payments, on Jan.…

Crypto exchanges Poloniex and KuCoin are set to research the crypto industry together, hope to benefit the whole sector. Crypto exchange KuCoin has unveiled dealings with another exchange, Poloniex, in an effort to move the crypto industry forward.   "KuCoin and Poloniex will join hands in trading technology research and development, liquidity sharing, product iterations, PoS…

Bitcoin (BTC) spiked to $17,000 at the Nov. 15 Wall Street open as fresh United States economic data continued to show inflation cooling.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Good” PPI boosts risk assetsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it came closer to multi-day highs.Volatility had returned an hour before the open…

BTC price heading under $66,000 costs Bitcoin bulls several daily moving averages — and few see a snap recovery coming next.

Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and late-stage growth. 370 Total views 10 Total shares Binance Labs, the investment arm of crypto giant Binance, launched a $500 million fund in partnership with global investors including DST Global Partners and Breyer Capital to drive…

Exactly 3% of the United States Senate attended the Texas Blockchain Summit on Friday, all addressing their fellow lawmakers' understanding of crypto and blockchain. 307 Total views 9 Total shares Wyoming Senator Cynthia Lummis said the Treasury Department may be more of a threat to innovation in blockchain and cryptocurrencies in the United States than…

Pakistan’s finance and law ministries are yet to make a decision on a potential blanket ban on crypto in the country. 298 Total views 33 Total shares The State Bank of Pakistan (SBP) is reportedly seeking to ban all cryptocurrency transactions in Pakistan.Pakistan’s Sindh High Court reportedly held a hearing related to the legal status…

The Algorand wallet provider said it still hasn't determined the cause of the attack, urging users to withdraw funds from wallets created with a seed phrase. Own this piece of history Collect this article as an NFTA wallet provider for the Algorand (ALGO) network, MyAlgo, has warned its users to withdraw funds from any wallets…

Since bottoming around $16,800, Bitcoin (BTC) has displayed resilience throughout 2023, posting over 153% gains year-to-date and $143% over the last 12 months to outperform major tech companies.BTC/USD Daily Chart. Source: TradingViewDespite this impressive performance, the flagship cryptocurrency's price is still 39% below the all-time high (ATH) level reached in November 2021. Meanwhile, Bitcoin continues