Bitcoin whales have scooped up 34K BTC since December dump: Analyst

John McAfee dismissed his earlier prediction of future Bitcoin price, telling people to "wake up." 652 Total views 29 Total shares John McAfee, an eccentric cryptocurrency advocate and British-American entrepreneur, in a tweet called his own previous prediction of Bitcoin price hitting $1 million a total “nonsense” adding that people who believed his “absurd” forecast…

The Chinese government should consider launching its own yuan-backed stablecoin despite the current ban on cryptocurrencies, an op-ed in Chinese financial journal CN Finance reports Tuesday, Oct. 9.An expert from the People’s Bank of China (PBoC), Li Liangsong, and professor of Fudan University Wang Huaqing wrote an article called “Analysis of Digital Stable Coins” for…

According to Olga Skorobogatova, first deputy governor of the Bank of Russia, initiating pilot operations using genuine digital rubles represents a pivotal phase within the project. 527 Total views 5 Total shares The Bank of Russia (BoR) has revealed that it will begin testing operations for Russia’s central bank digital currency (CBDC) project with digital…

Two new patents from Microsoft reveal that the tech giant is looking to bolster its blockchain solutions with the use of trusted execution environments (TEEs), according to two filings published by the U.S. Patent and Trademark Office (USPTO) August 9. Both applications outline how the use of TEEs could further improve security within a consortium…

Bitcoin cannot be destroyed by the fall of cryptocurrency giants like FTX or, hypothetically, other big exchanges, according to Samson Mow. 433 Total views 4 Total shares The collapse of FTX has triggered a notable drop in the price of Bitcoin (BTC), but that in no case means that BTC can be destroyed by failing…

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The sold amount accounts for 9% of all Coinbase shares bought by ARK Invest so far this year, and about 23% of COIN acquired in March. 163 Total views 4 Total shares Own this piece of history Collect this article as an NFTCathie Wood’s investment management firm ARK Invest is moving to take profits from…

Fundamental analysis is the process of finding the intrinsic value of an asset, with the goal to determine whether the asset is overvalued or undervalued. That information can then be leveraged along with technical analysis to decide whether to invest in or trade an asset.In cryptocurrency fundamental analysis, the approach is somewhat different than that…

The collapsed exchange has started debt repayments to creditors via select crypto exchanges, following the rehabilitation plan.