Pro traders are mildly skeptical about Bitcoin’s recent return to $50K
Bitcoin's price finally recaptured the $50,000 level, but data shows that pro traders are somewhat skeptical for a variety of reasons.
Bitcoin's price finally recaptured the $50,000 level, but data shows that pro traders are somewhat skeptical for a variety of reasons.
Total value locked across DeFi is fast approaching record highs again, suggesting that crypto is in the second leg of its bull market.
Select altcoins are likely to move higher even as Bitcoin price takes a breather after hitting $50,000 for the first time in months.
"A trading platform that offers derivatives on digital assets to U.S. persons without registering, or in violation of CFTC trading rules, is subject to the CFTC’s enforcement authority," said Dawn Stump.
GNO, WAX and IOST lead altcoins higher as Bitcoin’s rally to $50,000 signals that the bull market is back on track.
Cryptocurrency exchanges have identified esports as a potential growth driver. The industry has experienced significant growth in recent years as leagues look to monetize the competitive nature of video games.
Long-dated U.S. Treasury yields are slumping ahead of the Jackson Hole meeting.
Substack has more than 500,000 paid subscribers, but Bitcoin payments will first be available to "a select group of crypto-focused publications."
According to Nayib Bukele, there will be 200 ATMs and 50 branches capable of converting Bitcoin into U.S. dollars starting on Sept. 7.
Weekly MACD delivered six-month gains of 450% the last time it flipped into bullish territory.
Visa has made a sizable investment in the NFT space, acquiring a popular digitally pixelated CryptoPunk.
The success of future crypto products will depend on their ability to engage both decentralized finance and nonfungible token users.
Upbit is one of South Korea’s largest cryptocurrency exchanges alongside Bithumb, Coinone and Korbit — who are collectively referred to as “The Big Four.”
After the given deadline, Yingjiang County reportedly plans to “forcibly dismantle” the power supply to Bitcoin mining establishments within its jurisdiction.
Authorized Bitcoin miners will be able to resume their operations after the electricity preservation policy during the hot summer months.
The ADA/USD exchange rate has moved further into its “overbought” area, suggesting that a trend correction might follow suit.
According to Xiaomi India managing director Manu Jain, cryptocurrency is an “extremely interesting” area that is doing “exceptionally well.”
A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens.
A Trend Micro report claims that over 120 fake crypto-focused apps are still operational in the Play Store, some exceeding over 100,000 downloads.
Despite the finance service industry being bullish on blockchain and crypto, respondents still outlined cybersecurity as the greatest hurdle to mainstream adoption.
A major Bitcoin price milestone returns, but its staying power may see some serious tests in the coming week.
Coinbase’s global tax VP has slammed Congress for the controversial crypto tax provisions rushed into the infrastructure deal, warning the bill could impact 60 million Americans.
Former FDIC regulator, Jason Brett, argues that U.S. lawmakers have pivoted away from private stablecoins to focus on regulating decentralized digital assets this year.
Since plunging to the $29,000 range in late June, Bitcoin’s price has recovered more than 72%.
Blockchain technology is being posited as a potential solution to U.S. dollar liquidity issues in emerging markets.