Bitcoin’s window to reach $100K by end of Q4 'looks very tight'

Galaxy Research’s Alex Thorn raises concerns about the SEC potentially classifying staked ETH as a security amid Ethereum ETF approval speculation.

Core Scientific signs deal to buy Bitcoin mining machines from mining hardware producer Bitmain, company says, as American mining interest goes up. 446 Total views 15 Total shares American blockchain hosting provider Core Scientific signed a deal to buy next-generation Bitcoin (BTC) mining machines from major Chinese mining hardware producer Bitmain.Core Scientific will purchase more…

UC Berkeley, once known for its activism and progressive atmosphere, is now also major player in blockchain education. 558 Total views 13 Total shares Blockchain infrastructure company Parity Technologies has joined forces with the University of California, Berkeley to strengthen the institution’s blockchain curriculum and promote adoption among students and the community. For the 2020–21 academic…

According to filings through the Securities and Exchange Commission (SEC), money transmission network MoneyGram has gained over $11 million from the blockchain-based payments firm Ripple Labs.In a press release by MoneyGram, the company stated it had received funds from Ripple divided over two quarters: in the fourth quarter, $8.9 million, and $2.4 million in the…

A staggering $5.64 billion worth of futures positions was liquidated in the last 24 hours as the price of Bitcoin dropped 17%. 628 Total views 2 Total shares The price of Bitcoin (BTC) plummeted by more than 17% in the last 24 hours as the futures market saw mass liquidations across the board.Liquidations occur when…

U.S. Fed Chair Jerome Powell said an Ethereum-based interest reference rate works, but maybe not for everyone. 760 Total views 37 Total shares In a May 28 letter to Senator Tom Cotton (R-AR), Jerome Powell, Chairman of the U.S. Federal Reserve, described an interest reference rate based on the Ethereum blockchain, called Ameribor, as effective…

Crypto.com and TenX’s crypto debit cards are usable again as U.K. regulators allow Wirecard to resume “regulated activity." 2506 Total views 63 Total shares Wirecard-issued crypto debit cards from companies like Crypto.com and TenX have been reactivated following permission from the United Kingdom’s Financial Conduct Authority, or FCA.On 29 June, the U.K. watchdog allowed Wirecard…

Zhao Dong was taken in custody by the police with no official statement as to his detention. 1507 Total views 19 Total shares Reports circulating in Chinese media allege that Zhao Dong, head of the over-the-counter (OTC) crypto lending platform RenrenBit, has been detained by local police.The validity of these reports is not known at…

At Converge22, the Shark Tank host said stablecoins are set to lead to a reduction in friction and fees worldwide. 665 Total views 28 Total shares JPMorgan Chase's CEO Jamie Dimon feels threatened by how the crypto space is disrupting the payment systems, stated the Shark Tank host and multi-millionaire venture capitalist Kevin O’Leary speaking…