BTC price can surge 43% before 'bubble' as Bitcoin market cap hits $2T

The crypto space endured a series of unfortunate events in 2022, beginning with the Terra debacle and ending with FTX’s chaotic death spiral. These events heightened consumer skepticism and hesitancy toward crypto platforms; yet, the industry is holding steady today. The market is even trending upwards at the time of writing. Crypto’s current potential trajectory toward a…

Nine celebrities have wished Bitcoin a happy twelfth birthday despite knowing very little about the cryptocurrency. Nine celebrities with profiles on the sponsored video-sharing platform Cameo have published messages wishing Bitcoin (BTC) a happy birthday ahead of the twelfth anniversary of the publication of its whitepaper on Oct. 31.The videos were paid for by crypto…

China’s first government-backed blockchain initiative has just launched an official international website. 1077 Total views 16 Total shares China’s blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website.Appearing on Aug. 10, the new english-language BSN website aims to help bring global developers to the project.Integration with six permissionless…

The Nasdaq 100 is looking increasingly like it did in the year 2000, warns Peter Brandt, and that has no positive implications for Bitcoin. 429 Total views 3 Total shares Bitcoin (BTC) and its stock market correlation are under fresh scrutiny amid a warning that the Dotcom Bubble is repeating itself in 2022.In a tweet…

BitMEX Research has identified what it believes to be a double-spent Bitcoin transaction... worth $21. 5833 Total views 13 Total shares BitMEX Research has identified a suspected double-spend transaction valued at 0.00062063 BTC or roughly $21 — and it doesn’t appear to be an instance of that popular replace-by-fee wallet hack. On Jan. 20, BitMEX’s…

A United States Democratic congressman has claimed “Mark Zuckerberg is sending a friend request to oligarchs, drug dealers, human traffickers and terrorists” by launching Facebook’s Libra cryptocurrency.In a combative tweet on July 17, Brad Sherman described Libra as the “Zuck Buck” and he accused the Facebook CEO of deliberately attempting to circumvent America’s anti-money laundering…

Bitcoin’s (BTC) sudden crash on Jan. 10 caused the price to trade below $40,000 for the first time in 110 days and this was a wake-up call to leveraged traders. $1.9 billion worth of long (buy) futures contracts were liquidated that week, causing the morale among traders to plunge.The crypto "Fear & Greed" index, which…

The New York State Supreme Court has ruled that the New York Office of the Attorney General (NYAG) has jurisdiction over cryptocurrency exchange Bitfinex.According to a court filing on Aug. 19, this will allow the NYAG to continue its investigation of the exchange over allegations of fraud and misleading investors. In the filing, Judge Joel Coehn…