BTC price risks ‘double top’ — 5 things to know in Bitcoin this week

Despite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin's on-chain data gives investors hope. 418 Total views 24 Total shares Despite the market downturn and the widespread negative sentiment in the industry in the wake of the FTX collapse, on-chain data still show reasons to be bullish on Bitcoin. As pointed out…

The former president could reveal more details at the Bitcoin Conference in Nashville from July 25 thru 27.

AMC Theatre CEO Adam Aron disclosed that the iOS and Android mobile apps accept crypto payments via integration with BitPay, a bitcoin payment service provider. 427 Total views 54 Total shares AMC Theatres, an American pro-crypto movie theater chain, updated its mobile app services to accept Dogecoin (DOGE), Shibu Inu (SHIB) and other cryptocurrencies as…

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Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies (CBDCs). BIS believes that under the current circumstance, CBDCs will quickly gain prominence. However, it…

Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay. 628 Total views 24 Total shares Bitcoin mining involves a delicate balance between multiple moving parts. Miners already have to face capital and operational costs, unexpected repairs, product shipping delays and unexpected regulation…

dYdX said that it is looking at full decentralization to offer its users advantages of DeFi that centralized services can’t. 224 Total views 34 Total shares Ethereum Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol's V4 update. dYdX primarily offers perpetual contracts, which are derivatives…

"We’ve done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in Bitcoin," said Ned Segal. 1021 Total views 10 Total shares Twitter may be the next major company to purchase Bitcoin, according to the tech firm's chief financial officer.In an interview on CNBC’s Squawk…

Authorities seized $12.2 million worth of digital assets, real estate, and luxury cars during the arrest.