BTC price 8% off all-time high — 5 things to know in Bitcoin this week
Bitcoin traders dare to dream of BTC price discovery this week as markets enjoy a late-week surge to six-week highs.
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Bitcoin and Ethereum held on exchanges drops to a multi-year low, here’s why
Recent global developments have put a spotlight on the cryptocurrency sector as people across the world begin to question the decision making process of governments and central banks. Multiple metrics like the increasing amount of Ether (ETH) and Bitcoin (BTC) locked in DeFi, soaring transaction and on-chain activity and the plummeting BTC and Ether reserves of…
Bitcoin Price Struggling at $10K as Analysts Warn of 2018-Style Dump
Bitcoin (BTC) price was testing support at $10,000 Aug. 22 as the largest cryptocurrency fluctuated between four and five figures.Market visualization. Source: Coin360Difficulty must touch floor before Bitcoin price moonsData from Coin360 showed BTC/USD crossing the $10,000 mark multiple times over the past 24 hours. Currently, the pair is hovering around the $10K mark, having traded…
MicroStrategy adds to Bitcoin stake despite steep loss
The firm's Bitcoin holdings have declined 45% from their average purchase price of $30,397. 158 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAccording to a new filing with the U.S. Securities and Exchange Commission, software analytics firm MicroStrategy said that it acquired 2,395 Bitcoins (BTC) at an average…
Celsius had ‘insufficient’ accounting and operational controls, says examiner
The independent examiner in crypto lender Celsius’ bankruptcy case has alleged that the company failed to set up “sufficient” accounting and operational controls in its handling of customer funds. In an interim report released on Nov. 19, examiner Shoba Pillay made a number of stark observations in her court-appointed investigation into the bankrupt cryptocurrency lending platform.…
Can cryptocurrencies be frozen on a blockchain?
Frozen funds in crypto, explained Frozen funds typically mean access to such funds has been restricted or temporarily halted.Several factors, such as technological errors, security precautions, disagreements, investigations and regulatory compliance, can lead to such circumstances. So, can a crypto exchange freeze your account?If exchanges or financial institutions suspect fraudulent activity or money laundering related
South Korean pension fund to invest in Bitcoin ETF: Report
KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an exec reportedly said. South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF).KTCU, one of the largest institutional investors in South Korea, is considering…
‘PolitiFi’ tokens surged 667% so far this year, outperforming all memecoins
Political-themed memecoins completely outpaced all other memecoin categories this year and Donald Trump has just dropped another NFT collection.
Nirvana bassist Krist Novoselic led failed shareholder proposal asking Microsoft to study AI safety
“Proposal 13” asked Microsoft to consider the potential for shareholder harm if its AI products created legal issues for the company over the long term. Krist Novoselic, co-founder and bass guitarist for the seminal rock band Nirvana, recently led a shareholder proposal presentation urging Microsoft to reevaluate its approach to generative artificial intelligence (AI).Called Shareholder