New Bitcoin price all-time high 'unlikely' as trader eyes $70K floor
Bitcoin needs to take stock of recent gains, market participants said, as bulls see repeated rejections at $90,000.
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October sees lowest-ever daily trading volume for crypto products: Report
Despite the bad numbers of daily trading, there are some signs of market revival, at least for Bitcoin-based products. 218 Total views 6 Total shares As the crypto market shows signs of a gradual recovery, with Bitcoin (BTC) holding above the psychologically important $20,000 level after its initial crash to $17,600 in June, this month…
El Salvador mines 474 Bitcoin using geothermal volcanic energy
El Salvador currently holds 5,750 BTC worth $354 million, accumulated over three years.
Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America
One under the radar cryptocurrency-powered payment app that's been gaining traction across Latin America is Reserve. The platform acts as a convenient way for people to convert their local currencies, which may be undergoing high inflation levels, to the United States Dollar via the Reserve stablecoin (RSV). The network also features the Reserve Rights token…
Bitcoin price in line for ‘impulsive bounce’ as Solana (SOL) leads altcoin surge
Things are looking up for Bitcoin and altcoins on Thursday, but the chance of a breakdown remains, one analyst warns. 683 Total views 29 Total shares Bitcoin (BTC) volatility is again overdue and one analyst is favoring an "impulsive" move towards $50,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: "Chill and wait" for Bitcoin breakoutData from…
Longhash Blockchain Researchers Dispute 2017 ‘Single Whale’ Theory
Blockchain education platform Longhash has released research that it claims debunks the recent single-whale theory of the 2017 Bitcoin (BTC) bull run.On Nov. 18, researchers at crypto analytics firm Longhash announced that they have calculated a metric called “Tether Purchasing Power,” which shows more insight into the question of whether Tether (USDT) was used to…
Movement Labs targets 1-second L2 finality by end of 2024: Co-founder
Apps will be able to settle directly on Movement’s L2 with fast finality ‘postconfirmations’ secured by stakers, the co-founder said.
Japan considers implementing tax reforms to prevent capital flight of crypto startups
Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector. 368 Total views 7 Total shares According to local news outlet Yomiuri, Japan's Financial Services Agency is considering amending the virtual currency taxation system for corporate entities ahead of the country's 2023 tax reform. The proposed change includes removing…
Crypto mining lobby group to dispel misconceptions in Washington DC: Founder
The crypto mining industry is getting a dedicated lobby group aimed at opening up discussions with lawmakers in Washington. 238 Total views 15 Total shares The United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions about its sustainability from policymakers. Launched on Aug. 15, the…