Bitcoin whale support includes mid-$60K zone in new BTC price warning

Peer-to-peer, or P2P, trading platform, Oobit, has launched its purportedly SkyScanner-styled Bitcoin (BTC) price aggregator, Oobit Hunter.Oobit has also launched ‘Pass’ — “a single KYC passport for use on multiple trading platforms” that allows traders to access multiple exchanges simultaneously.Despite bold claims of offering unprecedented trading functionality, Hunter appears to host little more than a…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.The market tends to cycle between periods of low and…

Bitcoin’s (BTC) recent price rally from $16,500 to $25,000 can be attributed to a short squeeze in the futures market and recent macroeconomic improvements. However, while prices increased, data suggests that many interested buyers (including whales) were left on the sidelines. The recent rally to $25,000 shared many similarities with the 2019 bear market rally, which…

KuCoin (KCS) prices ticked up in the early Wednesday session on July 7, in part because of an ongoing market rally across the top exchange-based utility tokens.The 72nd-largest cryptocurrency peaked for the day at $14.847 before correcting lower on interim profit-taking sentiment. The move downside accompanied decent volumes, alerting that the sell-off momentum could continue…

Bitcoin Ordinals causes fees to spikeThe Bitcoin (BTC)-native Ordinals protocol is taking up record-breaking space on the blockchain and in the process is hiking the transaction fees on the network.The divisive newly launched protocol allows for nonfungible token (NFT)-esque assets on the Bitcoin mainnet by inscribing satoshis with content.So far, inscriptions have included content such…

Deutsche Bank has called on Europe to accelerate the development of central bank digital currencies. Deutsche Bank, the largest banking institution in Germany, is confident that central bank digital currencies, or CBDCs, will replace cash in the future.The bank’s research arm, Deutsche Bank Research, published a new report on economic estimations and proposals to assist…

More than 8.4 million email addresses were on the waitlist for Coinbase NFT, with the project saying it would be available to everyone over 18 years old “in the coming weeks.” 260 Total views 5 Total shares Crypto exchange Coinbase’s nonfungible token (NFT) marketplace has moved into beta more than six months after the company…

The pace of the crypto market’s expansion would have been much slower without the contribution of dedicated media outlets. Google searches for terms like “Bitcoin” and “blockchain” skyrocketed in the last few years — alongside the spike in crypto prices. This suggests that people have a thirst for understanding more about how cryptocurrencies and blockchain…