It's time to ditch Bitcoin Power Law Theory

Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources.

Bitcoin (BTC) briefly broke above $24,000 on July 20, but the excitement lasted less than two hours after the resistance level proved more challenging than expected. A positive is that the $24,280 high represents a 28.5% increase from the July 13 swing low at $18,900.According to Yahoo Finance, on July 19, Bank of America published…

Former Coinbase chief technology officer Balaji Srinivasan has warned that India's impending ban on Bitcoin and other cryptocurrencies would be like banning the "financial internet." 2682 Total views 16 Total shares Former Coinbase chief technology officer Balaji Srinivasan thinks India’s impending cryptocurrency ban would be akin to banning the internet and could cost the country…

The crypto market has been struggling since topping out in June but this does not mean institutional interest in crypto has diminished. The Chicago Mercantile Exchange (CME) Group tweeted that customer interest in CME Bitcoin (BTC) futures remained strong in Q3 2019 compared to Q3 2018. The total increase in open interest during this period…

A week ago, the market was on shaky ground as volatility went through the roof with massive drops in portfolios seen across the board. However, this past week was relatively boring and stable as the price of Bitcoin (BTC) is now in a narrow range. This narrow range is confusing the majority of traders as it…

Sweden’s central bank deputy governor recently updated the public on the country’s CBDC exploration. 1455 Total views 7 Total shares Central Bank Digital Currencies, or CBDCs, were the talk of the town for many in crypto and banking in 2020, with Sweden's prospective e-krona one of the frontrunners. Sweden’s central bank, Sveriges Riksbank, is investigating…

Bitfinex hack victim from 2016 received iFinex shares as a form of compensation as the crypto exchange didn’t have enough cash at hand to make users whole. 117 Total views 1 Total shares Bitfinex's parent company iFinex has proposed to buy back $150 million worth of the company’s shares from users who were offered these

The messaging app had about four million premium users at the end of 2023.