‘Insane amount’ of Bitcoin shorters are hoping it won’t go to $70K

Bitcoin (BTC) miners could form the next BTC price “trigger,” research warns as withdrawals intensify.In a Quicktake post for on-chain analytics platform CryptoQuant on Nov. 10, contributor MAC.D suggested that miners could soon face “bankruptcy.”Research: Network conditions “will strangle” minersAfter BTC/USD fell 20% in a matter of days, miners began operating at a higher cost than…

The United States Securities and Exchange Commission has opposed Telegram’s request for clarity regarding the geographic scope of a court injunction barring the company from distributing its Gram (GRAM) tokens.In a letter to Judge Castel dated March 30, the SEC asserts that the injunction “unambiguously, and properly, applies to Telegram’s delivery of Grams to ‘any…

Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has grown by leaps and bounds since the Ethereum network went live in July 2015, with Ethereum network transactions growing by 33x to 1.2 million…

“[Crypto] is a trend that has barely started — money is the easiest application and the Bitcoin use case started there,” said Bank of America. 1230 Total views 15 Total shares The Bank of America Corporation (BoA) has published a research report offering a bullish outlook for the long-term prospects of cryptocurrency.The report, published on…

Cryptocurrency exchange Bybit has released its latest quarterly report, revealing the trading and holding trends of its institutional traders heavy in positive Bitcoin sentiment. 1015 Total views 3 Total shares The cryptocurrency exchange Bybit released its fourth quarter report on Dec. 4, highlighting and comparing trends between its institutional and retail investors.The report found that

As the cryptocurrency market is in the midst of a major bull run with Bitcoin (BTC) approaching its all-time highs, the security concerns of cryptocurrency self-storage are becoming more relevant than ever.On Nov. 12, Bitcoin — the world’s largest cryptocurrency by market cap — surpassed a $16,000 threshold for the first time since the 2017…

Blockchain development platform Reach is aiming to create universally compatible DApps by building a javascript-like programming language. 1226 Total views 2 Total shares Reach, a blockchain development platform for decentralized applications, has raised $12 million from investors to further its goals of simplifying the DApp creation process, the company announced on May 26.The latest funding…

As the price of Bitcoin (BTC) has been slowly consolidating over the past few months, altcoins have been taking the spotlight. Recently, massive moves were made by Chainlink (LINK), Zilliqa (ZIL) and Elrond (ERD) and that’s just naming a few of the more popular altcoins.The latter of the three is an IEO (Initial Exchange Offering),…