A popular crypto analyst is predicting that Bitcoin (BTC) will cross the $55,000 level following one upcoming event as he warns of a near-term market correction. In a new video update, pseudonymous crypto trader Rekt Capital tells his 45,600 YouTube subscribers that Bitcoin will likely repeat a historic pattern after halving events, which occur every four …
Continue reading “Crypto Trader Says $55,000 Bitcoin (BTC) on the Horizon – Here’s His Timeline”
Republican members of the U.S. House of Representatives say that the U.S. Securities and Exchange Commission (SEC) is looking for publicity and political impact with its anti-crypto strategy. Representatives French Hill of Arkansas and Dusty Johnson of South Dakota recently penned a letter to SEC Chairman Gary Gensler highlighting the need for clear crypto guidelines. …
Top global crypto exchange Binance is reportedly eliminating some employee benefits due to a decrease in profits. Anonymous former company employees told the Wall Street Journal that the exchange sent out an email last month announcing it was putting a stop to work-from-home expenses and reimbursements for mobile phones and fitness, among other benefits. The …
Lawmakers in the UK are now targeting crypto memes and fintech influencers in an effort to enforce new social media guidelines. According to a new press release by the nation’s Financial Conduct Authority (FCA), the regulatory agency will be cracking down on illicit and non-compliant financial promotion starting in October. “The FCA has been ramping …
A popular Bitcoin price model returns to center stage as BTC’s next halving approaches. Market Analysis Join us on social networks Bitcoin (BTC) is struggling to reclaim its psychologically-important level at $30,000 as analysts predict that choppy accumulation may last for months. Bitcoin soared to a new yearly high of over $31,800 on July 13, …
There are “traps” lying in wait for innovators at the vanguard of fintech and quantum computing, according to researchers. News Join us on social networks Quantum computing technologies are slowly beginning to trickle out of the laboratory setting and into commercial industries. While it remains to be seen when mainstream adoption will occur, a number …
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Bitcoin’s failure to rebound off strong support levels increases the risk of a deeper correction that could also negatively impact altcoins. Price Analysis Join us on social networks After failing to sustain above the resistance of its narrow range, Bitcoin fell near a key support level on July 18. The consolidation of the past few days …
Continue reading “Price analysis 7/19: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT”
Publishing the ETF applications in the official journal of the U.S. government gives the SEC up to 240 days — until March 2024 — for final approval or denial. News Join us on social networks Spot Bitcoin exchange-traded fund (ETF) applications from several firms have been published in the Federal Register, moving them one step along …
Societe Generale’s crypto unit has received France’s crypto license under the new regulatory regime. The license will allow SG Forge to offer buying and selling and custody of crypto assets. SG Forge is now recognized as a licensed digital asset service provider in France. The regulatory approval is an important step in the development of …
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The former chairs of two top US financial regulators think their old agencies need to work hand in hand to regulate crypto. Jay Clayton, the former chair of the Securities and Exchange Commission (SEC), and Timothy Massad, the former chair of the Commodity Futures Trading Commission (CFTC), co-wrote an opinion piece about domestic crypto policy …
Reps. French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity.” News Join us on social networks Two members of the United States House of Representatives have added their names to a list of lawmakers criticizing Securities and Exchange Commission (SEC) Chair …
Investing in authenticity: Here’s how Cointelegraph’s Historical Collection combats AI’s impact on information. Historical Join us on social networks In the rapidly evolving world of blockchain technology, nonfungible tokens (NFTs) have emerged as an asset class offering a unique opportunity to own many kinds of digital items — both rare and valuable. Since the initial …
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Bitcoin mining is becoming more sustainable thanks to things like hydro-cooling farms and associated petroleum gas — undermining environmental criticism. Opinion Join us on social networks Bitcoin (BTC) mining’s environmental impact has always been a controversial topic. On the one hand, critics emphasize that securing the Bitcoin network takes more power than some whole countries’ …
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“A multitude of expansion factors curated at the [VC] group level” helps startups get traction, says Tony Cheng of Foresight Ventures. News Join us on social networks When bringing a new crypto to market, the fastest way to do so is arguably with the help of venture capital (VC) financing. But such a high-risk, high-reward …
Continue reading “Crypto VCs share lessons on startup success at EthCC”
This crypto whale wallet has been dormant for over 8 years and received tokens from Ethereum’s initial coin offering in 2015. The whale moved 61,216 ETH worth $116 million to an unknown wallet and then to an address linked to the crypto exchange Kraken. Ethereum’s ICO sold coins at 31 cents per token, while prices …
Continue reading “Crypto Whale From ICO Era Moves $116 Million In Ether To Kraken-Linked Wallet”
