WazirX blames restructuring delays on external factors

Bitcoin (BTC) traders might be feeling extra euphoric after the recent 35% rally, but data suggests bears are not too worried because a similar breakout took place in mid-July and the price failed to hold the $40,000 support.To understand how bullish investors are this time around, let's take apart the derivatives data and look at…

Blackrock CEO Laurence Fink believes the recent “drama” around the United States debt ceiling has deteriorated global trust in the U.S. dollar, something that other analysts predict could provide some tailwinds for Bitcoin (BTC).Fink’s comments came as U.S. House of Representatives on May 31 passed a highly-anticipated bill to lift the $31.4 trillion debt ceiling. The…

According to its CEO, the exchange grew too quickly to accommodate the fast-growing crypto ecosystem. 867 Total views 16 Total shares Cryptocurrency exchange Kraken announced on Nov. 30 that it has made one of its “hardest decisions”  and is cutting down its global workforce by approximately 1,100 people, comprising approximately 30% of its total workforce,…

BTC’s attempt to recapture $20,000 as support failed, but on-chain data reveals a handful of positives. 154 Total views 67 Total shares Markets briefly flashed green on Sept. 27 as equities markets bounced back from Sept. 26’s pullback, bringing thBitcoin (BTC) price back to the long-term descending trendline resistance, which currently resides at $20,100. Unfortunately for…

The Indian Crypto Bulls Roadshow describes itself as a not-for-profit initiative that seeks to educate Indian citizens as to the emerging blockchain and cryptocurrency sectors.The roadshow was originally scheduled to visit eight major Indian cities over 20 days — New Delhi, Jaipur, Ahmedabad, Surat, Mumbai, Pune, Hyderabad, and Bangalore.However, following India’s Supreme Court ruling that…

Security is paramount in crypto. “Keep your hardware wallets safe,” we're told. “Keep your private keys safe.” “Keep your seed words safe.” “Keep your computer safe.” This list could go on almost indefinitely, and while you might be forgiven for assuming that it contained only objects of an electronic or cryptographic constitution, you'd be wrong.…

El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements. 6265 Total views 7 Total shares Benoît Cœuré, Bitcoin (BTC) critic and the head of the innovation hub at the Bank of International Settlements, called El Salvador’s…

“The scammers have been scammed” — notorious crypto-draining took kit just lost 10 ETH to a wallet poisoning attack.