Bitcoin’s V-shaped recovery could put BTC on path to new all-time high — Analysts

Downward selling pressure sees Bitcoin swiftly take out $30,000 support as Binance users report technical difficulties. Bitcoin (BTC) fell under $30,000 on Tuesday as the latest BTC price dip took the largest cryptocurrency below a significant “line in the sand.”BTC/USD 1-minute candle chart (Bitstamp). Source: TradingViewBitcoin beats May price bottomData from Cointelegraph Markets Pro and…

Cointelegraph hosts a discussion on LGBTQ+ and blockchain. Join live at 1 pm EST as LGBTTech and LGBT Foundation co-founders discuss the topic. As Pride month comes to an end, Cointelegraph hosts an online meetup to discuss LGBTQ+ issues in the crypto and blockchain community.Called “LGBTQ+ and Blockchain: Community-Powered Tech and Tech-Powered Community,” the new…

The legislation, passed out of committee in July 2023, would clarify how the U.S. Commodity Futures Trading Commission and Securities and Exchange Commission handle crypto.

Amid the pandemic, blockchain is alleviating the pressure in China’s petrochemical trade. 1449 Total views 4 Total shares One of China’s largest chemical producers has launched a new Blockchain Warehouse Receipt Platform to help the industry combat the rising costs of operations and trade financing.An increased demand for more environmental and safety measures amid the…

During the frenzied bull run, transaction fees were running rampant. Over on the Ethereum blockchain, they hit eye-watering highs of $196.638 back in May — rendering the network unusable for most everyday consumers.The Bitcoin blockchain suffered from a similar issue the year before, accelerating to a record-breaking $300.331. When demand is high, it's easy for…

India has developed a somewhat paradoxical relationship with cryptocurrencies, blockchain and other emerging technologies. On one hand, the Indian government is a huge proponent of distributed ledger technology, with several government-led initiatives gaining ground across the country. On the other hand, the Reserve Bank of India issued a de facto ban on cryptocurrencies when it…

Last year was an interesting one for blockchain and cryptocurrency, contrasting with past years in ways that go far beyond mere finance. It was a banner year for the maturation of the whole space, and not just in terms of the dollar price of your favorite cryptocurrency. Instead, 2019 has proven to those paying attention…

About $4 million of crypto stolen in Exmo hack was allegedly withdrawn through Poloniex, the exchange said it froze several accounts. 1408 Total views 12 Total shares Hacked cryptocurrency exchange Exmo is not able to recover a large amount of stolen funds as hackers withdrew millions of dollars in crypto through the Poloniex crypto exchange.On…

Tokens on the Runes Protocol are down from their peak, but don't count them out yet. The protocol is less than three months old — and it's just getting started.