‘Potential top’ for Bitcoin as long-term holders sell 828K BTC in 30 days

Bitcoin (BTC) will reach its highest price ever this year due to “unforeseen” events, which will draw in new buyers, one senior cryptocurrency industry executive says.In an interview with Bloomberg on Jan. 8, Sonny Singh, chief commercial officer at payment processor BitPay, claimed BTC/USD would pass its all-time highs of $20,000 in 2020.Singh: a few…

Venezuela will present its state-backed cryptocurrency Petro as a unit of account for crude oil trading to the Organization of the Petroleum Exporting Countries (OPEC) in 2019, the country’s oil company PDVSA reports on its Twitter Nov. 7.The PDVSA has cited its president Manuel Quevedo, who also holds the position of Venezuela’s Minister of Oil…

Seven out of ten respondents claim they have invested, and almost one in five (19%) say they hold cryptocurrency

Bitcoin (BTC) took a swing at $23,000 into Jan. 21 as Asia buyers drove fresh market strength.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBid liquidity causes suspicionData from Cointelegraph Markets Pro and TradingView showed BTC/USD battling bears to reach $22,790 on Bitstamp overnight — its highest since August.With new multi-month peaks coming in quick succession despite…

Yoshihide Suga is set to replace retiring PM Shinzo Abe. Yoshihide Suga has made few public statements on digital currency, but his stance on taxing crypto assets may prove to be the most insightful.The 71-year-old is set to become the country’s new prime minister after being voted in as the leader of Japan’s Liberal Democratic…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Tornado Cash developer Alexey Pertsev to stay detained until next…

Dapper Labs, the company behind CryptoKitties, has announced a partnership with leading mixed martial arts promotion Ultimate Fighting Championship (UFC).According to a press release on Feb. 25, the partnership will see the development of “a new digital experience” for UFC fans, including opportunities to own, maintain, and trade UFC-branded collectibles on Dapper Labs’ Flow platform.Dapper…

The 3AC co-founder purchased the Singaporean bungalow in March 2022, shortly before the hedge fund collapsed. Crypto businessman and fugitive Su Zhu's $36 million luxury real estate in Singapore has been converted into an eco-farm.According to recent local media reports, Zhu's residential property in the city-state's upscale Yarwood Avenue has been rebranded as "Yarwood Homestead"

Bitcoin volatility is not at the same level seen during the 2017 bull run but analysts still say lower price swings are necessary to maintain upward momentum. 2205 Total views 15 Total shares Bitcoin (BTC) has hit a new high above $51,300 in a continuation of its bullish advance that begun in October 2020.According to…