BTC price settles at $69K after dip wipes $1.3B Bitcoin open interest

The blockchain has seen many narratives over the years. Some of these have turned into actual use cases and continued with strength. But there is a new kid on the block, and they go by the name of real world assets (RWAs). What are RWAs? In simple terms, RWAs are tangible assets from the physical

After the rising wedge formation was broken on Aug. 17, the total crypto market capitalization quickly dropped to $1 trillion and the bulls' dream of recouping the $1.2 trillion support, last seen on June 10, became even more distant. Total crypto market cap, USD billion. Source: TradingViewThe worsening conditions are not exclusive to crypto markets. The…

Robert Farkas will face the lightest felony sentence possible for his role in Centra Tech's 2017 ICO. 1420 Total views 14 Total shares A Manhattan court has sentenced the operator of the fraudulent crypto investment firm Centra Tech to a year and a day in prison.Per a December 15 announcement from the Department of Justice,…

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…

El Salvador was the first country to adopt Bitcoin as legal tender back in 2021 and now holds over 5,700 BTC.

Bitcoin has spent the last week bashing away at that $10,000 ceiling without quite managing to break through—even as it gained more than 1.5 percent over the last seven days. Analysts have put the failure to rise into five figures down to three factors: a meeting of the Federal Reserve’s Federal Open Market Committee which…

Chinese crypto mining hardware giant Bitmain will launch a platform connecting global crypto miners with farm owners in October.World’s first resource to connect farms and minersThe platform, dubbed World Digital Mining Map (WDMM), will be officially launched during the World Digital Mining Summit (WDMS) taking place in Frankfurt between Oct. 8 and Oct. 10, Bitmain…

Crypto exchange Coinbase says it had recorded a 6% rise in requests from law enforcement and government agencies compared to 2022, with the number of jurisdictions issuing requests jumping by 19, according to the exchange's annual Transparency Report.Four countries — the United States, Germany, the United Kingdom, and Spain — made up nearly three-quarters (73%)

While Hong Kong grabbed the top spot with a crypto readiness score (CRS) of 8.36, the United States fell down a spot to third place after recording a fall of 6.5% in its CRS score — from 7.7 in 2022 to 7.25. 74 Total views 3 Total shares Hong Kong was crowned the best-prepared jurisdiction