BTC price lower highs keep Bitcoin bears in control at $70K

Memecoins are underperforming Bitcoin today, which could be a sign that traders will pay more attention to BTC’s post-halving recovery.

The Supreme Civil and Criminal Court of Greece has ruled to extradite alleged BTC-e owner Alexander Vinnik to Russia to face several cyber fraud charges, Russian state news agency RIA Novosti reports Tuesday, September 4.The formal decision on extradition to Russia will be issued September 14, coming into force the same day.During the actual hearing,…

Bitcoin-friendly Twitter CEO Jack Dorsey has made a direct investment in a fledgling cryptocurrency company as part of its latest funding round. CoinList to launch crypto exchange and walletDorsey, who has become increasingly well known for his support of Bitcoin (BTC), injected an undisclosed amount in token sales startup CoinList, the Wall Street Journal reported on…

A recent run-up in Ether (ETH) prices against its top rival Bitcoin (BTC) appears to be at the risk of exhaustion even as analysts see the second-largest cryptocurrency as stronger among the two.In retrospect, the ETH/BTC exchange rate rose by up to 40.19% after bottoming out at 0.0553 BTC on May 23. The powerful rebound…

A newly introduced resolution could potentially see lawmakers buying sodas and chips using crypto-supporting vending machines. Own this piece of history Collect this article as an NFTTexan Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sides might agree on — food.Cruz introduced a…

The SEC’s acknowledgment indicates the commencement of the official review process for BlackRock’s ETF proposal. 901 Total views 11 Total shares The United States Securities and Exchange Commission (SEC) has accepted https://www.sec.gov/rules/sro/nasdaq.htm application for a spot Bitcoin (BTC) exchange-traded fund (ETF) following its acknowledgment of a similar application by Bitwise the day before.The SEC’s acknowledgment…

The blockchain space is seeing some areas of strength despite the perceived downturn in the market. The perpetual futures funding rates for Bitcoin (BTC) and Ether (ETH) have flipped back to positive on major exchanges, which shows bullish sentiment among derivatives traders. In addition, Bitcoin started trading below its cost basis, which has marked previous…

London-based bank and financial services firm Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group.On-chain letter of creditStandard Chartered announced that it has successfully executed a pilot letter of credit (LC) transaction for PTT Group, PTT International Trading Pte Ltd and…