Bitcoin traders warn BTC price can still dip to $62K or ‘even lower’

Within the past few weeks, EOS blockchain protocol users have been experiencing periodic problems with network access. A recent article written by pseudonymous smart-contract developer and security engineer Dexaran described the apparent root of the problem: an inexpensive technique that allows hackers to “congest” the network — or put it into a low-efficiency mode —…

Bitcoin (BTC) drifted toward major liquidity around the Feb. 13 Wall Street open as the dust settled on United States regulatory news.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC traders spread bids lowerData from Cointelegraph Markets Pro and TradingView showed BTC/USD $21,476 on Bitstamp, almost matching the weekend’s three-week lows.As analysts expected a “choppy” day prior…

Bitcoin (BTC) is back with a vengeance this week as a new day’s trading gets underway with a fresh attack on $60,000.After a weekend in which the largest cryptocurrency avoided a correction, Monday is looking bullish — but what could shape price action in the short term?Cointelegraph presents five factors to keep an eye on…

The United States Federal Trade Commission (FTC) has settled charges it filed in 2018 against an alleged crypto pyramid scheme involving four individuals.Terms of settlementAccording to an official statement on Aug. 22, the regulator permanently banned the defendants from multi-level marketing and misrepresenting investment opportunities and charged a total of over $500,000 as part of…

The AMF and ACPR have blacklisted only two crypto-related websites amid the bear market of 2022 versus 24 such websites last year. 937 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTFinancial regulators in France continue flagging illicit players on the foreign exchange (forex) and cryptocurrency markets, blacklisting…

A founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower. 472 Total views 21 Total shares The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin is using “way too much” energy. According…

Stablecoin Tether (USDT) is clearly the preference among investors but will not see a retail use case, Samson Mow says. The Blockstream CSO, who was speaking at Cointelegraph’s ongoing BlockShow conference on Nov. 15, noted that Tether’s first-mover advantage placed it in another league from the increasing number of other stablecoins on the market.Mow: Tether won’t…

The Vanuatu government announces its support for the Satoshi Island Community Project, a private crypto island where fiat isn't invited. 638 Total views 5 Total shares It’s not every day that a country’s leader endorses a cryptocurrency project. Nayib Bukele, the President of orange-pilled El Salvador, was the first leader to endorse Bitcoin (BTC). Now, the…