Bitcoin’s compressed $62K price signals ‘a large’ move next

Bitcoin (BTC) price closed the month down 1.98% which according to data from Bybit, was its first negative close in April since 2015. In the same month Ether (ETH) price soared over 44% to hit a new all-time high close to $3,000. This wide divergence between the top two cryptocurrencies shows that the markets have…

Russian crypto advocates are already collaborating with a consortium including some of China’s largest crypto mining-related companies. 428 Total views 7 Total shares A major cryptocurrency and blockchain association in Russia is launching a project to bring global crypto mining operations to the country amid a Chinese crypto mining crackdown.The Russian Association of Cryptoeconomics, Artificial…

French fintech companies Ingenico and Worldline are set to merge, according to a Feb. 3 press release. The €7.8 billion ($8.6 billion) buyout deal was accepted by shareholders of the companies, both of which had previous exposure to crypto.The merger and significance for shareholdersAs part of the agreement, Worldline will offer Ingenico shareholders a mixed…

The U.S. Patent and Trademark Office (USPTO) has recently awarded a patent for a blockchain-based secure system to U.S. tech conglomerate IBM, according to a patent filing published on USPTO’s website Tuesday, October 2.As IMB explains in a document first filed in September 2017, the technology enables the detection of security breaches within a network…

Bitcoin (BTC) has gained a new generatio of “hodler” in the past three years as stubborn investors refuse to sell.Data from the popular HODL Waves metric shows that those who bought Bitcoin in late 2020 are still sitting on their coins.BTC price should go "way higher" for hodlers to sellBitcoin’s longer-term investor cohorts, also known

Projects that raised millions in the ICO era have struggled to gain traction.

CoinShares data reveals that the worst of the crypto market downturn may have passed as institutions bought the dip. 514 Total views 28 Total shares Inflows into cryptocurrency investment funds rose sharply last week, with Ether (ETH) products breaking a nine-week spell of outflows in the latest sign that institutional managers were re-accumulating assets. Digital asset…

The investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets. 188 Total views 24 Total shares South Korean crypto investment company Uprise plans to compensate investors for damages incurred during its futures bet on Luna Classic (LUNC) — a token…