BTC price set to break 7-month slump as Bitcoin ETFs hit $65B record

Monday, June 17 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) passed the $9,300 mark again.Market visualization courtesy of Coin360Bitcoin is currently up about 2.5% on the day, trading around $9,358 at press time, according to Coin360. Looking at its weekly chart, the…

Popular speculative fiction author Neal Stephenson says suggestions he could be Satoshi Nakamoto are “flattering” but unfounded. Cryptonomicon or bustStephenson made his remarks during an interview on the Conversations with Tyler podcast on July 17 in response to a half-jocular suggestion first proposed in Reason magazine article this spring. The novelist told Tyler Cameron that when he…

Monday, June 17 — Most of the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as bitcoin (BTC) trades under the $10,700 mark.Market visualization courtesy of Coin360Bitcoin is currently down over 4.65% on the day, trading around $10,644 at press time, according to Coin360. Looking at its weekly chart, the…

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Bitcoin’s (BTC) massive drop in May 2021 is among its worst monthly performances, according to data from Bybt. The decline has divided the crypto community, with long-term investors considering the fall as a buying opportunity while short-term traders are dumping their positions out of fear.Glassnode data suggests that long-term HODLers and miners are using the…

A couple of months ago, the crypto community was surprised by the news that users of the Decentraland virtual world platform have spent $1 million on digital land. And the largest deal for the Decentraland project was a sale worth $215,000 to an unknown user.Each plot in Decentraland represents a patch of land in a…

Blockchain development firm Blockstream has expanded its satellite service and is now broadcasting the Bitcoin (BTC) blockchain to all of Earth’s major land masses, Forbes reported Dec. 17.The wider coverage — which comes via the addition of a fifth leased satellite — brings potential internet-free Bitcoin transactions and information sharing to crypto users in the…

Decentralized finance is one of the most promising and indeed the fastest growing ecosystems within the crypto and blockchain space. Total value locked in DeFi — a measure of the total value of assets committed to the DeFi ecosystem — has been approaching the $40-billion mark this month, which indicates a value increase of around…

More than $30 million worth of Ether contracts changed hands on CME during the market’s first day of trade. 1008 Total views 11 Total shares The launch of Chicago Mercantile Group’s highly anticipated Ether futures saw more than $30 million worth of contracts traded during the first day of trade.Launched on Feb. 8, CME’s new…