'Buy the dip?' Bitcoin price drops to new 1-month lows of $64K

The United States dollar (USD) index is currently testing the bottom of a 12-year trendline. But as some traders are calling it the “most pivotal moment” for the global reserve currency since 2008, they believe that continuous depreciation will likely boost the price of Bitcoin (BTC).Since April, for over three months, the USD has declined…

In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, the Japanese Liberal Democratic League said that it will formulate a quantum technology innovation strategy by the end of this year, crypto exchange Coincheck’s registered users are steadily increasing, Mt. Gox trustee extends the submission deadline again, and the SBI Holdings president is thinking…

The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs.

The average amount of Bitcoin miners are selling continues to decrease gradually. 578 Total views 2 Total shares Bitcoin (BTC) mining difficulty is set to rise by roughly 11% on Jan. 9, according to data from BTC.com. This marks the biggest increase in nearly four months that will put the metric over 20 trillion for…

Bitcoin's (BTC) severe 26% drop from its $58,300 all-time high on Feb. 20 injected a bit of bearishness into the market but from a technical perspective, this was purely psychological as the digital asset held the $43,000 support with ease. This downside move caused indicators like the Crypto Fear & Greed Index to hit 38,…

As the novel coronavirus crisis continues, a cybersecurity firm has started offering free help to healthcare providers that fall victim to cryptocurrency-demanding ransomware.According to an announcement on March 18, cybersecurity firm Emsisoft partnered with incident response company Coveware to allow free access to ransomware-related services at no cost to healthcare providers.The initiative aims to get…

Belgium’s Financial Services and Markets Authority (FSMA) has updated a blacklist of crypto-related websites associated with fraud, according to an official statement on April 4.Following a previous crypto-related scam blacklist update in December 2018, the FSMA has added seven new crypto trading platforms where it has found signs of fraud.The blacklist now includes a total…

The World Federation of Exchanges (WFE), a global trade association of publicly-regulated exchanges, has appealed to the United Kingdom’s Financial Conduct Authority (FCA) to not restrict cryptocurrency derivatives for retail investors.The WFE made a statement on Oct. 7 in response to the British financial regulator’s consultation paper on a potential ban on crypto derivatives such…

“We are aware of the recent devaluation in the price of cryptocurrencies and remain confident that it does not threaten the island’s ability to become a crypto hub,” said Bermuda’s minister of economy and labor, Jason Hayward. 306 Total views 5 Total shares The Bermuda government is pushing on with its ambitious plans to become…