Forget FOMC — Bitcoin price now has 'plenty of room' to reach $108K

Bitcoin (BTC) is preparing a “full bull” BTC price phase in classic style, market cyclist Cole Garner believes.In social media analysis on Aug. 6, the popular on-chain analyst said that major upside awaits both Bitcoin and the broader crypto market.Bitcoin “bull market’s backbone” strengtheningBTC price action continues to stagnate, but those looking further into the…

Coinbase Custody, the custodial tool of United States-based crypto exchange Coinbase, has completed its first over-the-counter (OTC) trade from cold storage, according to a blog post published on March 13.The post reveals that Coinbase Custody is now directly integrated with Coinbase’s OTC desk, which enables customers to use the OTC desk to price and confirm…

2TM GRoup, the company behind Mercado Bitcoin, is now valued at $2.1 billion. It's the second crypto exchange in Latin America to eclipse the $1 billion valuation mark. 425 Total views 4 Total shares Latin American cryptocurrency exchange Mercado Bitcoin has secured $200 million in Series B financing from SoftBank, marking one of the largest…

On July 30, the United States Committee on Banking, Housing and Urban Affairs hosted a hearing on cryptocurrencies in a regulatory context. Lawmakers are showing renewed interest in digital currencies against the backdrop of Facebook’s crypto odyssey: This week’s testimony followed two Libra-focused hearings, which were held in Congress earlier in the month.Indeed, while the…

Lightning Labs has published its draft specification for Lightning Service Authentication Tokens (LSAT) — a protocol standard that promises to redefine online payments through employing a little known HTTP status code.According to a March 30 blog post authored by Lightning Labs CTO Olaoluwa Osuntokun, LSAT facilitates automated logins and payments using cryptographic credentials — doing…

The decentralized finance industry undoubtedly has vast potential — the value locked in it has exploded, surpassing $14 billion this month. Though there is speculation over whether decentralized finance is yet another bubble, I believe it is here to stay. How it stays, however, is another matter that depends on how DeFi handles ongoing hacks…

One observer suggested Bankman-Fried may be reluctant to discuss FTX due to the legal implication of lying under oath to the U.S. Congress. Own this piece of crypto history Collect this article as NFTFormer CEO of FTX, Sam Bankman-Fried, has signaled he's unwilling to testify before the United States Congress until he’s “finished learning and…

Europol’s new cybercrime report has found that Bitcoin (BTC) remains the most popular form of crypto for illicit uses, but predicts a rise in the popularity of anonymity-focused altcoins such as Zcash (ZEC) and Monero (XMR). The report, the fifth edition of Europol’s Internet Organised Crime Threat Assessment (IOCTA) to date, was published yesterday, September…

The world will be “nasty” if Bitcoin hits stock-to-flow’s predictions of $288,000 and higher, PlanB warns, as governments will fight for it. The creator of the Bitcoin (BTC) price model, which forecasts $288,000 for BTC/USD by 2024 will “go dark” if his predictions come true.Speaking on the latest edition of the Stephan Livera podcast on…