Dogecoin price ‘conservative target’ starts at $2.35 based on DOGE bull market fractal
Fractal analysis suggests a DOGE rally above $0.35 will culminate with new all-time highs abovce $2.35.
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Bitcoin Hovers Under $4,000 as Top Cryptos See Mixed Movements
Saturday, Feb. 23 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time. Bitcoin (BTC) is hovering under the $4,000 mark again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is down 0.26 percent on the day, trading at around $3,976 after a brief mid-day high of $4,005, according…
Head of Crypto Capital Arrested in Connection with Money Laundering
Ivan Manuel Molina Lee, the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other major cryptocurrency exchanges, was arrested by Polish authorities.According to local news outlet wPolityce’s report published on Oct. 24, he is suspected of money laundering and being involved in an international drug cartel.Laundering drug cartels’ moneyPer the article,…
Bitcoin Volatility Hits 2018 Lows but Is a Repeat 42% Drop Possible?
At the start of this week, Bitcoin’s (BTC) volatility, or the average daily oscillation, dropped to its lowest level since November 2018 (when the infamous $6,000 support finally broke).Prior to today’s mild breakout to $9,437, the last significant move above 1% was on July 9 when the price dropped 2.1%. Generally, Bitcoin price has been…
Most crypto exchanges are vulnerable by design, says ByBit CEO
Crypto exchange security is once again in the news after hackers breached KuCoin. But this shouldn’t surprise people as exchanges are vulnerable by design, according to ByBit CEO Ben Zhou. Zhou told Cointelegraph that exchanges act as a single point of failure. As a centralized web application, exchanges are susceptible to the same security issues as…
Maturity of the Crypto Derivatives Market Attracting More Institutional Investors
Bybit exchange’s CEO believes maturity of the crypto derivatives market plays an important role in attracting more institutional investors. 89 Total views 6 Total shares In a Cointelegraph China Great Bay Area International Blockchain Week pre-event interview on July 29, Ben Zhou, CEO of derivative exchange Bybit, argued that the maturity of the derivatives market…
Crypto amplified financial risks in emerging markets: BIS papers
Cryptocurrencies like Bitcoin (BTC) have failed to reduce but rather have “amplified financial risks” in less developed economies, according to a new study published by the The Bank for International Settlements (BIS).On Aug. 22, the Consultative Group of Directors of Financial Stability (CGDFS) released a new report on cryptocurrencies, titled “Financial stability risks from crypto…
Telegram’s TON Launch and Token Distribution — All the Details to Date
In just the last few months, the entire landscape of the crypto industry has changed. Innovation once came from within, with a number of early influencers earning god-like status among the crypto community. In 2019, the industry is marching to a very different tune, with tech companies expanding their influence out of their respective sectors…
Bitcoin price is back at $50K, but exactly how ‘bullish’ are the bulls?
Cryptocurrency markets rallied 12.5% over the past seven days to reach a $2.44 trillion market capitalization. However, that move doesn't seem to be inspiring confidence because the same level was tested 16 days ago when a 27% retrace followed ether's (ETH) attempt to break $3,650 over the next six days. Regulation seems to be a key…