VanEck reissues $180K Bitcoin price target for current market cycle

Crypto analysts on X (the social media platform formerly known as Twitter) and in YouTube interviews have been abuzz with talk about the trend of Bitcoin leaving centralized exchanges.On Aug. 29, the quantity of Bitcoin (BTC) held within exchanges saw a decline, reaching its lowest point since January 2018. While various factors might underlie this

TokenInsight reports that Q1 2020 saw significant hash rate volatility and some mining farms fell into negative performance. 1350 Total views 27 Total shares Crypto research firm, TokenInsight, has published a report covering the crypto mining industry during the first quarter of 2020. The report emphasized swings in Bitcoin (BTC)’s hash rate and the phasing…

Former FTX CEO Sam Bankman-Fried (SBF) has been lambasted this week following a series of controversial public appearances, with Galaxy Digital’s Mike Novogratz one of the latest to dish out a lashing to the former kingpin of crypto.On Dec. 1, Galaxy Digital CEO Mike Novogratz unleashed a tirade of criticism towards SBF concerning his interview…

In effect since Oct. 27, BaFin’s order referred to Coinbase’s Germany arm outsourcing some operations “essential for conducting banking business or providing financial services.” 168 Total views 2 Total shares The Federal Financial Supervisory Authority of Germany, also known as BaFin, has issued an order related to the business organization of Coinbase’s local arm in…

Canadian conservation authorities and technology firm Insolar are conducting a test-bed blockchain project for renewable energy management.Within the scope of its Sustainable Technologies Evaluation Program (STEP), on April 1 the Toronto and Region Conservation Authority (TRCA) announced a collaboration with blockchain specialist Insolar to leverage the technology for managing distributed energy resources (DERs).Ontario’s long-term energy…

Bitcoin’s latest rejection at $70,000 has presented some support levels below where a BTC price downtrend might stop.

Mid-May’s price plunge was one of crypto’s wildest pullbacks in recent years, a tumble that eliminated nearly $1 trillion from crypto’s market value. The industry had soared to new heights a month earlier, with Bitcoin (BTC) reaching almost $64,000, driven in good part by institutional investors. Now that some calm has returned to the market, bears…

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