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

Billionaire Kjell Inge Rokke believes BTC will become an important feature of the new monetary system. 844 Total views 7 Total shares Norweigan energy service provider Aker Solutions is spinning up a new business dedicated to Bitcoin (BTC) after its CEO, Kjell Rokke, talked up the importance of the digital asset in a recent shareholder…

Changpeng Zhao, or CZ, the chief executive of top crypto exchange Binance, has issued a statement regarding the recent Steem hard fork that sought to freeze 23.6 million STEEM tokens associated with 64 wallet addresses.Binance will support the fork, however, indicating that they will support future forks executed by those affected within the Steem community.Steem…

The new CEO, Josh Swihart, has been the vice president at Electric Coin for nearly five years but recently took a four month stint away from the firm. 146 Total views 14 Total shares Zooko Wilcox is stepping down as the CEO of Electric Coin Company, the team behind privacy-focused cryptocurrency Zcash (ZEC).ECC announced a

Bitcoin’s new highs come amid lots of new money pouring in via stablecoins. 5374 Total views 27 Total shares According to Tether’s official transparency data, the USDT market cap crossed a $17 billion mark for the first time, hitting over $17 billion in total assets.Tether’s market cap has been growing exponentially in 2020. As of…

Exchanges’ fund flow ratio casts the spotlight on whale behavior after selling pressure sends BTC/USD below $9,000. 1756 Total views 37 Total shares Bitcoin (BTC) whales tend to dump large amounts of BTC on the market when exchanges are quiet in order to get attention.That was the conclusion from Ki Young Ju, CEO of on-chain…

"It is key that the scope of the new EU authority explicitly includes crypto-assets," said Luis Garicano, a member of the European Parliament. 470 Total views 4 Total shares The European Commission, in coordination with other authorities, reportedly plans to have its financial watchdog group potentially oversee illicit transactions at crypto firms.According to a Tuesday…

In an objection to Voyager’s proposed restructuring plan, the commission argued some of the involved parties should not be exempt from certain financial claims in the future. 115 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe United States Federal Trade Commission said it had started an investigation…

Experts say that China’s corner of the Metaverse is likely to evolve very differently to other international markets and that decentralized infrastructure may not be part of the game plan.The Sino Metaverse seems likely to repeat what happened with the web. When the internet first went mainstream in the 1990s, many people theorized that it…