Bitcoin 'Trump pump' potential matches key technical signal — Can BTC break $71.5K?

In the last two months, the decentralized finance industry has seen a dramatic surge of interest, as new platforms promising to disrupt the way people manage their money, transact, earn and entertain themselves have launched in rapid succession in recent months.Much of this growth has been catalyzed by the meteoric rise of DeFi lending platforms…

The funds will track Fidelity proprietary Crypto Industry and Digital Payments and Metaverse indices. 332 Total views 26 Total shares Fidelity Investments appeared undeterred by the U.S. Securities and Exchange Commission's, or SEC's, rejection of its Wise Origin Bitcoin Trust spot exchange-traded fund (ETF) on Thursday. Following the setback, the company filed two more prospectuses involving…

The CEO of cryptocurrency firm AriseBank was arrested by the FBI Nov. 28 on charges of defrauding hundreds of investors out of over $4 million. The news was reported in a release from the U.S. Attorney’s Office for the Northern District of Texas, published on the U.S. Department of Justice (DOJ)’s website Nov. 28.The arrested…

BTC price volatility keeps the pressure on traders with stocks leaving Bitcoin ever further behind.

Federal Reserve Chair Pro Tempore Jerome Powell and some members of the U.S. House of Representatives called for congressional action on crypto in response to discussions about Russia potentially evading sanctions.In a Wednesday hearing of the House Financial Services Committee on “Monetary Policy and the State of the Economy,” California Representative Juan Vargas asked Powell…

Spain’s oldest active political party is reportedly looking to create a public digital currency. The Spanish Socialist Workers’ Party (PSOE), the governing political body in Spain, is backing a new national digital currency initiative.PSOE, Spain’s oldest active party and the leading force in the Congress of Deputies, has introduced a non-law proposition to launch a…

Andre Cronje, the one-man development team behind decentralized finance (DeFi) protocol iEarn, has quit the project. Cronje cites a thankless experience with the DeFi community as the catalyst for his decision to leave.Speaking to Cointelegraph, Cronje states that his time with iEarn was “equally the best time, and the worst.” After experiencing “absolute euphoria” during…

Australian tech firm Power Ledger will run another blockchain-enabled energy trading trial in Japan’s Kanto region by December 2019.In order to launch its second trial in Japan, Power Ledger teamed up with Japanese solar provider Sharing Energy and electricity retailer eRex, the firm stated in a press release shared with Cointelegraph on Oct. 3.Main region…

Crypto exchange Bitfinex shareholder Zhao Dong has claimed that sister firm Tether plans to release a version of the stablecoin backed by a basket of commodities such as gold, crude oil and rubber.In private correspondence with Cointelegraph on Sept. 3, Dong said that the idea of issuing Tether (USDT) pegged to a commodities basket was…