Here's why Bitcoin traders really want to punch through $90K

PlanB’s floor model misses its target in a historic first as fresh bear pressure mounts for Bitcoin price action. 237 Total views 3 Total shares Bitcoin (BTC) has failed to hit the November closing price demanded by one of its best-known models — but its creator is not giving up.In a Twitter post on Dec.…

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It has become increasingly clear that stablecoins have become the dominant means of transaction settlement on public blockchains, at the exclusion of native cryptoassets (like Bitcoin/Ether). This wasn’t in the plan of the architects of these blockchains or their communities. On-chain data supports this observation: Stablecoins represent approximately 10% of the total crypto market cap

Head of blockchain at social media giant Facebook David Marcus said that the Libra Project will distance itself from bitcoin (BTC) and will share information with authorities, Cointelegraph Brazil reports on June 18.Per the report, Marcus made his remarks during an interview with Brazilian newspaper Estado de São Paulo, which was published today. During the…

Amir Zaidi, the director of the United States Commodity Futures Trading Commission’s (CFTC’s) Division of Market Oversight (DMO) is rumored to be leaving the CFTC within weeks.Multiple anonymous sources aware of the situation have confirmed this claim, according to a report by Bloomberg Law on Aug. 8. Zaidi has been the director of the CFTC’s DMO…

Over 9,500 people around the world were surveyed for Block’s 2022 Bitcoin report which showed that more optimistic individuals possessed a greater self-reported knowledge level of the crypto. 441 Total views 31 Total shares A survey from digital payment company Block Inc. has found that the higher respondents rated their own level of cryptocurrency knowledge,…

Bitcoin (BTC) began a new week less than $500 away from $10,000, but sudden volatility remains — what should you look out for in the coming days?Cointelegraph presents a weekly roundup of the major factors set to influence BTC/USD price action this week. Stocks rise but suspicions remainMacro markets look set to continue an optimistic uptrend…

The Chinese Ministry of Public Security plans to implement a blockchain-based identity verification system that it claims will help keep personal data and identity credentials safe. 482 Total views 1 Total shares The Chinese Ministry of Public Security plans to roll out a new blockchain-based platform called RealDID to verify the real-name identities of its

The mining firm expects the two facilities to be online by 2024 and produce a combined hash rate of roughly 7 EH/s. 201 Total views 3 Total shares Crypto mining firm Marathon Digital Holdings announced it has partnered with digital assets infrastructure company Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi.In…