BTC price back to $94K? 5 Things to know in Bitcoin this week

Bitcoin (BTC) holding $19,000 could be more important than traders realize, new data reveals.In the latest edition of its monthly report series, “The Bitcoin Monthly,” investment management firm ARK Invest flagged an ongoing battle for the defense of Bitcoin’s investor cost basis.Bitcoin investor cost basis buoys marketBitcoin price action is currently characterized by volatile moves…

While major industry actors argue that central bank digital currencies (CBDC) are years or decades ahead, the Bahamas plan to adopt a CBDC no later than 2020.John Rolle, the governor of the Central Bank of the Bahamas (CBOB), has reportedly confirmed that the Bahamian digital dollar initiative will be introduced across all islands in the…

Massive growth in decentralized finance over the past three months has been accompanied by  a big increase in the number of ‘super users’ who dominate the sector.Along with the prevalence of trading bots, it has raised questions over the fairness and openness of the DeFi ecosystem. Messari researcher, Mason Nystrom tweeted earlier today about the big…

The price of Bitcoin surpassed its all-time high on Christmas, reaching $24,681 on Binance. Following BTC’s strong rally, traders and analysts are exploring short-term bear and bull cases. The market sentiment around Bitcoin remains overwhelmingly positive, but there are some concerns put forth by analysts in the foreseeable future and as a result, the next move is…

Even a small 2.25% decline this weekend could trigger the liquidation of over $500 million in Ether long positions.

Daan Crypto Trades is a big believer in Bitcoin L2 Stacks and says that after Bitcoin doubles, Stacks will likely quadruple. X Hall of Flame.

Crypto protocols usually sustain real damage after the exploit occurs, but some tokens are more resilient.

Could a digital pound accelerate Britain’s growth post-Brexit and retake London’s status as the European financial hub? 1960 Total views 31 Total shares A financial think tank has suggested that Britain should adopt a digital pound in an effort to strengthen London’s status as a global trade center in the wake of Brexit. Previously the…