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

Bitcoin (BTC) saw a dramatic change of mood into June 22 as multi-day highs gave way to a fresh dive under $20,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC could see accumulation below key trendlineData from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly halting its latest gains to hit lows of $19,947 on Bitstamp.The largest…

According to Senators Elizabeth Warren and Angus King, the Iranian government has used funds from crypto mining to fund terrorist organizations.

Encrypted messaging service Telegram will purportedly launch its Telegram Open Network (TON) in the third quarter of 2019, according to crypto news site The Block.An internal memo sent to investors reportedly said that the network would launch later this year. Telegram purportedly said that a recent successful test process “reaffirms our belief that the TON…

The U.S. dollar currency index (DXY) turned down sharply after rising above 101 on April 20 but this weakness in the dollar has not helped Bitcoin (BTC), possibly because the S&P 500 is struggling to build upon its strong rally on April 19. This indicates that Bitcoin remains tightly correlated with the U.S. equity markets.Irrespective of…

The United Arab Emirates Banks Federation (UBF) and the Abu Dhabi Global Market (ADGM) hosted a joint forum on crypto assets and fintech, the UAE’s official news outlet Emirates News Agency reported on March 17.Per the report, the event was held in ADGM in collaboration with the UBF Compliance Committee and aimed to bring together…

Andy Milenius, formerly the chief technology officer at MakerDAO, published an open letter dated April 3 explaining his concerns over the project’s internal conflicts. MakerDAO is the  company behind the decentralized algorithmic Ethereum-based stablecoin DAI as well as the governance token Maker (MKR).In his 24-page-long letter, Milenius describes a conflict between his ideas of equal…

The social media platform is giving away 140 free nonfungible tokens to 140 followers in a series of tweets that began on Wednesday. Leading social media network Twitter launched a nonfungible token, or NFT, giveaway on Wednesday in a campaign that shined the spotlight on the evolution of the social media network. Twitter announced Wednesday that…

Nexo platform could rescue Celsius' customers after “what appears to be the insolvency of the Celsius Network.” 1130 Total views 5 Total shares There’s a glimmer of hope for the bear market’s most recent victim. Following reports that Celsius is insolvent, Nexo is offering a buy-out. A Nexo representative told Cointelegraph that Nexo is trying…

The Japanese transportation industry is leading the country’s long-standing efforts to go cashless. Earlier this month, two major players from the archipelago’s e-commerce and transport industries partnered up to simplify and promote payments that do not require hard cash.Homegrown e-commerce giant Rakuten plans to incorporate its services into Japan’s premier railway firm, the East Japan…