Bitcoin 'wild' odds see 85% chance of BTC price above $100K by New Year

Active addresses did not mimic previous successful price breakout this month, one analyst says, while seemingly realized price returns as resistance. 363 Total views 10 Total shares Bitcoin (BTC) is staging a repeat of price action from May with its latest drop, the latest data shows.As the dust settles on a 6% comedown for BTC/USD,…

London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for foreign exchange (forex) trade settlement by a quarter, Reuters reported on Feb. 14.According to Mark Williamson — chief operating officer of forex cash trading and risk management at HSBC — the bank processes anywhere between 3,500 and 5,000 trades a day using its…

Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin that established broad new requirements for trading platforms. 106 Total views 14 Total shares United States Senator Bill Hagerty has sent a letter, cosigned by four other Republican senators, to Securities and Exchange (SEC) Commission chair…

SoftBank Group Corp (SFTBY), the parent company of Fortress Investment Group is expected to lose $12.5 billion for the fiscal year that ended in March, per an April 13 report from Bloomberg.WeWork — $24 billion lossIt seems that Vision Fund is the main culprit of the anticipated loss. SoftBank Group announced that it would lose…

The crypto exchange accused a Tezos tool contributor of "mislead[ing] the community" by claiming it was unaware of the reason Binance blocked access to its corporate account. 780 Total views 16 Total shares Major crypto exchange Binance has confirmed it restricted account access to $1 million in crypto for a Tezos tool contributor after being…

According to the Treasury Department, members of the sanctioned group fought alongside Russia’s military, including near territory Ukrainian forces reclaimed on Monday. 144 Total views 2 Total shares The United States Department of the Treasury added five cryptocurrency addresses tied to a neo-Nazi group involved in Russia’s war on Ukraine to list of entities sanctioned…

From a technical viewpoint, blockchain is a growing records list that is cryptographically tied to and managed by a peer-to-peer network. At the same time, they join a protocol of communication among nodes to validate new blocks.Essentially, a blockchain is a way of validating data transactions in a permanent and immutable manner to guarantee that…

Buyers will need to keep Bitcoin above $53,500 to start a recovery in SOL, DOT, NEAR and KAS.