How low can the Bitcoin price go?

Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities. 703 Total views 21 Total shares The weekend is upon us and fear remains the dominant short-term sentiment in the cryptocurrency market. Earlier today Bitcoin (BTC) price dropped to…

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…

The alpha release will launch this month for Gods Unchained, opening up to double jump.tokyo and several other developers. 1554 Total views 17 Total shares Double jump.tokyo, the developer of popular blockchain game My Crypto Heroes, announced on March 25 that it will use the Immutable X platform to mint and trade nonfungible tokens, or…

University College London (UCL) has joined the governing council for enterprise-grade distributed ledger platform Hedera Hashgraph.Paolo Tasca — former cryptocurrency lead economist at Germany’s central bank, Deutsche Bundesbank, and founder of UCL’s ’s Centre for Blockchain Technologies — confirmed that the university is the first academic institution to join the council.In an interview with Cointelegraph…

After being banned for more than a month, Cointelegraph is once again accessible via Facebook.There were more questions than answers when the block took effect on September 18. Facebook has a hardline anti-crypto policy when it comes to paid advertisements, but ours was a community page for distributing reported news, boasting more than 700,000 likes.It’s…

MicroStrategy’s stock, MSTR, is preparing to undergo a massive bull run in the sessions ahead.So shows a technical setup, dubbed inverse head and shoulder, that has a history of predicting upside moves with an accuracy of 83.44%, as per Samurai Trading Academy’s research. MSTR appears to have formed a similar bullish structure, as shared by…

This year has seen a number of high profile partnerships formed between the cryptocurrency sector and major sports leagues, teams and individual players. Nowadays players engage with their fans by issuing limited edition NFTs and other perks that are associated with crypto and blockchain technology. Crypto companies are also making their presence known stitching their…

Big Four auditing firm Ernst & Young (EY) has launched a blockchain platform for public funds meant to enhance transparency.Technology news outlet Verdict reported on the launch on Oct. 16. The OpsChain Public Finance Manager (PFM) system enables transparent tracking of public budgets and expenditures viewable by all citizens. PFM will also reportedly enable public funds…

The SEC has until August 18 to officially file its motion and the defendants will have until September 1 to respond. 1033 Total views 4 Total shares Judge Analisa Torres has granted a request from the United States Securities and Exchange Commission (SEC) to leave to file an interlocutory appeal in its case against Ripple…