BTC price dip gone by September? 5 things to know in Bitcoin this week

The Bank of Lithuania, or BoL, will launch a pre-sale of its CBDC, dubbed LBCOIN, on July 9, a representative for the central bank told Cointelegraph. The coin itself will be issued and sold on July 23.While LBCOIN is technically a CBDC based on the NEM blockchain and issued by the central bank of Lithuania,…

Your favorite trader is saying Bitcoin (BTC) bottomed. At the same time, the top on-chain indicators and analysts are citing the current price range as a “generational buy” opportunity. Meanwhile, various crypto and finance media recently reported that Bitcoin miners sending a mass of coins to exchanges are a sign that $17,600 was the capitulation…

The amount of assets under management remains muted compared to the billions of dollars attracted by U.S. spot Bitcoin ETFs in January.

Archax, a London-based digital securities exchange, will use blockchain software firm R3’s Corda technology to manage post-trade activities.On Oct. 18, Archax announced in a press release that its post-trade processes will now run on distributed ledger technology. Archax will use a private version of Corda Enterprise within its own ecosystem.Graham Rodford, CEO of Archax, said…

Imagine the feeling (maybe you’ve experienced this before): you’re a regular person, somewhat familiar with cryptocurrency. You’ve heard the phrase “Not your keys, not your crypto,” and sure, that makes sense for some of those sketchier exchanges, but this is Exchange Corp (let’s use this as a hypothetical example). Everybody trusts Exchange Corp. You saw…

Europe is one step closer to getting a concrete legal framework for digital finance. The European Commission is moving to provide more legal clarity and certainty for the cryptocurrency industry in its member states.On Sept. 24, the EC officially adopted a new digital finance package including digital finance and retail payments strategies, as well as…

Crypto bull Tim Draper has given advice to the president of Argentina to legalize Bitcoin (BTC) in order to improve the economic situation in the country, Cointelegraph en Español reports March 22.The American venture capital investor reportedly met with Argentina’s president Mauricio Macri on March 20 to discuss the economic prospects of the Latin American…

Harvard University and American clothing company Levi Strauss & Co announced a collaboration with the New America think tank to develop a blockchain factory safety system, Reuters reported on Jan. 24.The new system aims to eventually replace external factory health and safety auditors with a self-reporting infrastructure by the workers. Dr. Eileen McNeely, director of…

Bitcoin (BTC) fell towards $30,000 on Jan. 26 after higher levels evaporated and fresh miner outflows appeared to suppress price action.BTC price rally turns sourData from Cointelegraph Markets and Tradingview showed the largest cryptocurrency abruptly U-turn as it neared $35,000 in early week trading. At the time of writing, BTC/USD was lingering closer to $31,000, marking 24-hour…