BTC reclaims $69K, derivatives signal additional upside

A company is creating an ecosystem where tangible assets such as gold can be traded for virtual currencies in a digital environment. The platform, known as the Digital Gold Exchange (DGE for short,) says it has the goal of establishing a place where users can securely store their assets and trade with others “quickly, safely,…

Last Friday Bitcoin (BTC) price marched within just a few dollars reach of $11,000 and it seemed that the weekend would be a bullish one. The top digital asset was on the verge of leaping over the descending trendline of the massive wedge. A mysterious $1 billion Bitcoin transfer spotted by Whale Alert had some…

Top Stories This Week Crypto bills pass congressional committee in ‘huge win’ for US crypto A key United States House panel has approved a pair of bills that could finally deliver some regulatory clarity to crypto firms in the country. On July 26, lawmakers voted in favor of the Financial Innovation and Technology for the…

Galaxy Digital founder and CEO Mike Novogratz says approving a Bitcoin spot ETF is not “a matter of if but when,” which will drive institutional investment in the sector. Galaxy Digital founder Mike Novogratz has told investors that 2024 will be headlined by institutional adoption of cryptocurrencies driven by the pending approval of Bitcoin (BTC)

The second phase of the CBDC mock testing is expected to complete by June this year 1223 Total views 13 Total shares The Bank of Korea has successfully completed the first phase of its central bank digital currency mock testing started in August 2021. The South Korean central bank said that the first phase of its…

The price of Bitcoin (BTC) has been consolidating within a tight range for several months. If the top cryptocurrency successfully breaks out, Bitazu Capital founding partner Mohit Sorout says a record-high would be imminent.Since July 2020, Bitcoin has been ranging between $10,200 and $11,800, a 15% range. It has seen subdued volatility for a prolonged…

Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder. 877 Total views 40 Total shares Own this piece of history Collect this article as an NFTThe CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States…

Despite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million ($215 million Canadian) owed to creditors. According to a May 8 post by Miller Thomson, the law firm representing users of the defunct cryptocurrency exchange QuadrigaCX, interim distribution of funds tied to bankruptcy proceedings will be scheduled "in…

Bitcoin price hits $15,300 and keeps climbing as a trading frenzy reminiscent of 2017 begins to unfold. 2161 Total views 27 Total shares Bitcoin (BTC) hit $15,000 on Nov. 5 as excitement over the U.S. election spilled over from macro markets. Data from Cointelegraph Markets and TradingView showed BTC/USD tackle the $15,000 barrier repeatedly throughout the…