Traders predict $3,800 Ethereum, but multiple data points suggest otherwise
Is it time for a correction after ETH rallied 34% in two weeks? On-chain metrics and derivatives data say yes.
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Crypto payment option for Honda cars only works via third-party platform
Major automobile manufacturer Honda does not accept cryptocurrency payments directly, but people can use cryptocurrencies like Bitcoin (BTC) to buy a Honda car through a third party.In early October, several publications mistakenly reported that Honda started accepting cryptocurrency as payment. But Honda doesn’t allow the purchase of its cars in exchange for crypto, a spokesperson
Shanghai Man: China declares victory over crypto — Is this the end of the crackdown?
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Victory for the regulatorsAfter a tumultuous summer of crackdowns, the Chinese regulators are declaring their victory in eliminating illegal cryptocurrency trading activities in the…
Binance Launches Research Wing to Create ‘Institutional-Grade’ Research Reports
The largest cryptocurrency exchange, Binance, has launched an analysis division to conduct “institutional-grade” research reports, according to an announcement published Nov. 8.Binance’s new analysis division, Binance Research, is set to prepare institutional-grade research reports with the objective of increasing transparency and improve the quality of information within the cryptocurrency space.The division has already conducted and…
Telegram CEO’s 18-Hour Deposition Transcript Is Published Online
Telegram CEO Pavel Durov gave a deposition regarding the company’s alleged violation of United States securities law by conducting $1.7 billion Gram token sale in 2018.In line with a relevant court order, the deposition was held on Jan. 7 and Jan. 8 before a court reporter designated by the court reporting service engaged by plaintiff…
Expert: Bitcoin May ‘Crash to Zero’ Because of Institutional Adoption
Bitcoin (BTC) price could “crash to zero” in the event of mass adoption by institutions, an industry expert has warned.Speaking at Cointelegraph’s ongoing BlockShow conference on Nov. 14, Dr. Pavel Kravchenko, CEO and co-founder at Distributed Lab and author of “Blockchain and Decentralized Systems,” revealed a rare bearish stance on the increasing institutional interest in…
CipherTrace expands to cover Binance Smart Chain amid wave of exploits
Binance beefs up blockchain analytics amid a surge in DeFi exploits. 1665 Total views 6 Total shares Cryptocurrency and blockchain intelligence company CipherTrace has announced analytics support for Binance Smart Chain (BSC) amid a rise in attacks and vulnerabilities on protocols running on the network.In an announcement on May 27, the firm stated that it…
Bitcoin Will ‘Surpass’ All-Time Price Highs by End of 2019, Says Quoine CEO
The CEO of Japanese fintech firm and crypto exchange operator Quoine has said he believes Bitcoin (BTC) will “surpass” its all-time price highs by the end of 2019, during an interview with Bloomberg Markets: Asia Dec. 4.Speaking during the aftermath of an industry-wide price slump, Mike Kayamori said he expects new crypto market sentiment and…
Bitcoin analyst sees $66K 'local bottom' as BTC price liquidates $200M
Bitcoin sets up a volatile US election week with increasingly deep BTC price support retests below $70,000.