Traders: Bitcoin price needs “fresh all-time highs” to end pump-and-dump cycles
Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation.
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BTC price eyes all-time high weekly close above $60K ahead of Bitcoin ETF turbulence
Holding above $60,000 on Sunday should all but guarantee a record weekly close, data shows. 1638 Total views 23 Total shares Bitcoin (BTC) faces a pivotal weekly close on Oct. 17 with bulls scrambling to squash final resistance before all-time highs. BTC/USD 1-week candle chart (Bitstamp). Source: TradingViewBitcoin on the cusp of clearing final resistanceData from…
ECB leader floats 3K threshold for digital euro holdings
The central bank said it will reach a decision on releasing a digital euro "towards the middle of 2021." 1393 Total views 16 Total shares In an interview today, Fabio Panetta, executive member of the European Central Bank said the ECB may only allow digital euro holdings “up to a certain threshold” but added that the…
El Salvador’s Bitcoin play: What does the current slump mean for adoption?
It was September 6, 2021, when the Central American nation of El Salvador decided to go ahead and purchase 200 Bitcoin (BTC), worth about $10.3 million at the time. The day was hailed as momentous in the history of the crypto market and was met with much fanfare. In fact, many proponents claimed that the…
Cointelegraph predictions for the first 5 CBDCs of 2021-2022
Central Bank Digital Currencies (CBDCs) have been an integral part of progressive discussions within the cryptocurrency community. CBDCs are virtual representations of the fiat currency of a particular country. They are often based on blockchain technology and are issued and regulated by the official monetary organization of the country. The feature that makes them different…
Venezuela extends reorganization shutdown of crypto agency to March 2024
The government will spend six additional months reorganizing the entity, which it shut in March 2023. 383 Total views 3 Total shares Venezuela was one of the first Latin American countries to establish its own crypto oversight body, launching the Superintendencia Nacional de Criptoactivos (Sunacrip) in 2018. However, the government now says it will take
Ethereum ETF launch date depends on issuers, not SEC: Gensler
“It’s really up to them how responsive they are,” said SEC Chair Gary Gensler.
Waves Wants to Put an End to Bogus Blockchain Speed Claims
Waves Enterprise wants to ‘separate the chaff from the wheat’ when it comes to speed claims from blockchain networks, helping potential users make educated decisions. 642 Total views 29 Total shares Waves Enterprise has created a framework for load testing of blockchain networks under real-life scenarios in order to provide greater transparency for potential clients.Original…
Perpetual Protocol emerges as sixth-largest DEX after just one month
Despite executing 179,000 transactions during its first month of operation, the xDai-powered Perpetual Protocol spent just $183 on gas fees. 3968 Total views 11 Total shares Perpetual Protocol, a DeFi project offering decentralized perpetual contracts using the layer-two Ethereum scaling solution xDai, has emerged as the sixth-largest DEX by weekly trade volume after operating for…