'More brutal than expected' — Lyn Alden on ETH/BTC post-election low

Bitcoin is dishing out the bull signals on lower timeframes, but can BTC price action overcome key resistance?

This week cryptocurrency traders turned their focus to the pack of dog-themed meme tokens as altcoins like Shiba Inu and Dogecoin (DOGE) saw a surge in volume which resulted in SHIB hitting a new all-time high and the remaining Dogecoin clones booking some juicy gains. Traders are now debating whether the launch of the first…

Former FTX CEO Sam Bankman-Fried, in a conversation with Vox, admitted to using Alameda’s banking facilities for FTX user deposits. 279 Total views 2 Total shares The FTX contagion saga sees new revelations around its misconduct every other day, and the latest one solidifies the collusion between the failed crypto exchange and its sister company…

Cryptocurrency custodian BitGo will provide its services to Indian exchange CoinDCX, offering secure storage and partial insurance for assets traded on the platform.BitGo — a United States-based firm that claims to process over 20% of all Bitcoin (BTC) transactions — provides an insurance policy covering up to $100 million in value through a syndicate of…

The recent DeFi frenzy has seen $900 million worth of Bitcoin tokenized using Wrapped Bitcoin over the past two months. 651 Total views 14 Total shares The recent DeFi bull-cycle has pushed the total value locked (TVL) of popular Bitcoin (BTC) tokenization protocol Wrapped BTC (WBTC) up by 900% to surpass $1 billion.The milestone comes…

Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto. Despite enforcing a major cryptocurrency ban one year ago, the Chinese government still protects local crypto investors as crypto is recognized as virtual property protected by the law.One of the…

Programmable money (PM) is in the air. It may be the next stage in the evolution of money. And it could be as disruptive as any financial technology in development today.Yes, China is close to launching the first central bank digital currency (CBDC) at scale — perhaps within the next 12 months — but if…

Bitcoin (BTC) naysayer Peter Schiff has taken the opportunity to pour scorn on cryptocurrency investors after fresh price losses this week.In a series of tweets beginning Feb. 25, Schiff, well known as a gold proponent, claimed Bitcoin’s volatility made it inferior to the precious metal.Schiff: Bitcoin as a safe haven is “nonsense”BTC/USD has seen considerable…