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The Optimism Foundation, a non-profit organization that promotes sustainability via software centered around Ethereum tech, recently launched its Optimism Token (OP) on various centralized exchanges. Unfortunately, it encountered serious issues shortly after it got off the ground. In the course of a deal with Wintermute, a partnered liquidity provider, 20 million OP were redirected and…

Bitcoin price is tracking inside a pennant pattern right now as candle wicks pinch between two trend lines (yellow). This is a classic bullish continuation pattern and usually results in a strong breakout once the asset reaches maximum consolidation. According to new figures from Skew, the statistical likelihood of Bitcoin’s price ending the year higher…

At this point, it seems like $10,000 indeed is a coveted level for Bitcoin bulls. Another week passed, and we saw yet one more failed attempt to reclaim this level. Interestingly enough, it happened minutes after the US Federal Reserve concluded its two-day June meeting, confirming near-zero interest rates for the short- and medium-term. In…

CryptoPotato is not responsible for content published on any press release Powered by Softswiss., bitcoincasino.io is a newly launched online casino that has taken the industry by surprise. The platform initially started out as a casino that accepts Bitcoin and other cryptocurrencies, but it has recently integrated fiat currencies to offer more options to its…

On July 19, India’s Finance Minister Nirmala Sitharaman said in a speech at the Lok Sabha, the lower house of India’s bicameral Parliament, that crypto is a danger to international regulatory arbitrage and that they should be blocked or banned. Sitharam explained that any attempt to regulate or ban crypto should be global because cryptocurrencies…

New data shows that Ethereum miners made a total of $1.29 billion in revenue in March. Nevertheless, this is still a long way down from the all-time high registered in November last year. According to data from The Block, the total monthly revenue made by Ethereum miners increased by around 7.2% from February to March…

Binance CEO Changpeng Zhao (CZ) claimed in a blog post that all projects within the Binance ecosystem operate independently from each other to some extent. CZ outlined that no person nor entity can affect CoinMarketCap’s new ranking system for exchanges, which placed Binance at the first spot. CZ: CMC Works Independently After Binance acquired the…

The CEO of institutional crypto brokerage firm Genesis Global Trading, Michael Moro, will step down from his leadership position while the company is planning to cut off 20% of its workforce. According to Bloomberg, on Wednesday (August 17, 2022), Genesis announced that Maro will leave his position as CEO, in line with the company’s leadership…

Bitcoin remained relatively calm after the US Fed’s latest interest rate hike, but the past 24 hours brought a minor retracement that pushed the asset back down to just over $29,000. Most altcoins have also lost some steam today, with DOGE and MATIC losing the most value from the larger caps. BTC Struggles at $29K…