Bitcoin

CryptoQuant CEO Ki Young Ju says Bitcoin may end the year under $59,000, citing an overheated futures market as one of the primary reasons for an end-of-year tumble. In a Nov. 9 post to X, Ki said he expects Bitcoin to close the year at $58,974 and asked others to speculate on the yearly close,

Crypto traders betting on a market drop were hit with major liquidations as Bitcoin surged to an all-time high above $81,000, causing widespread losses in short positions. CoinGlass data showed that in the last 12 hours, about $180 million in short positions were liquidated across the crypto market. Bitcoin (BTC) has continued to rally in

Bitcoin will gain political importance following Donald Trump and the Republicans’ United States election wins — and investors who don’t own the cryptocurrency can no longer ignore it, according to the New York Digital Investment Group (NYDIG). “While some investors have allocated to Bitcoin, the most common allocation for investors is still zero. There are

Bitcoin is breaking records as a weekend BTC price surge delivers almost $82,000 to start the week. Bitcoin traders see BTC price upside continuing despite some concerns that a retracement may reach frightening proportions. Macroeconomic data releases continue to come thick and fast as United States presidential election fever gives way to the ongoing inflation

Supported by a new all-time high (ATH) market price above $81,000, the total market capitalization of Bitcoin crossed $1.6 trillion for the first time since its launch in 2009. On Nov. 11, Bitcoin (BTC) reached a market capitalization of $1.62 trillion amid the ongoing bull market, concurrently bringing up the global crypto market cap to

The FTX bankruptcy estate continues to pursue lawsuits against cryptocurrency companies as part of its ongoing bankruptcy proceedings. A group of firms involved in the FTX bankruptcy proceedings initiated a lawsuit against cryptocurrency exchange Binance, seeking to recover $1.8 billion, according to a complaint filed on Nov. 10. In the filing, the plaintiffs argued that

Two former executives at major American investment management firms, Millennium Management and Pacific Investment Management Company (Pimco), are reentering the crypto space amid a major market rally. Millennium’s ex-portfolio manager Benoit Bosc and Pimco’s former executive vice president Michael Bressler left their posts to set up a new crypto consultancy firm, x2B, Bloomberg reported on

Cryptocurrency analytics platform Nansen is expanding its capabilities beyond Ethereum by moving into Bitcoin through a partnership with the Bitcoin layer-2 (L2) network, Bitlayer.  Nansen is debuting Bitcoin (BTC) analytics services by delivering blockchain data analytics to Bitlayer, an L2 network supporting smart contracts and decentralized applications (DApps) on Bitcoin. As the first Bitcoin L2

Bitcoin (BTC) tapped $40,000 after the Dec. 8 Wall Street open as United States employment data shrunk market bets on interest rate cuts. BTC/USD 1-hour chart. Source: TradingView Bitcoin holds firm as jobs data unsettles U.S. dollar Data from Cointelegraph Markets Pro and TradingView covered the latest BTC price action as risk assets reacted to

Is a game even a game without bots? Pixels CEO doesn’t think so Some think that bots in games is a sign of the apocalypse, or perhaps just the makers trying to fill up an empty venue to make it look popular. But Pixels founder and CEO Luke Barwikowski says that conversely, if people aren’t

Real bipartisan legislative efforts are rare in Washington, DC, these days, but Democratic Senators Elizabeth Warren and Joe Manchin and Republican Senators Lindsey Graham and Roger Marshall have managed to come together to co-sponsor a bill focused on crypto crime.  According to the senators, the Digital Asset Anti-Money Laundering Act of 2023 aims to close

The former president of FTX US dishes the dirt on his falling out with former Jane Street colleague Sam Bankman-Fried and predicts the spot Bitcoin ETF will far outshine the record-breaking success of the Bitcoin Futures ETF. Who is this guy anyway? The ex-president of FTX US, Brett Harrison, tells Magazine that he didn’t say

Bringing the global crypto and blockchain communities together in Istanbul, Turkey, the Binance Blockchain Week 2023 was a clear indicator that the Web3 ecosystem continues to grow regardless of price movements.  Despite being a Binance event, the conference housed several key players from the crypto industry. Among them was Trust Wallet, a decentralized Web3 wallet

Bitcoin (BTC) held closer to the $40,000 mark on Dec. 3 after weekend gains reinforced a “strong” uptrend. BTC/USD 1-hour chart. Source: TradingView Bitcoin leaves $60 million in shorts hanging Data from Cointelegraph Markets Pro and TradingView tracked a fresh BTC price surge, which took BTC/USD to new 2023 highs of $39,730. These built on

British legislators are urging a careful stance regarding implementing a retail digital pound. They stress the importance of finding an equilibrium between technological advancements and potential drawbacks.  Members of the Treasury Select Committee have expressed reservations regarding the possible launch of a retail digital pound, underscoring the need for thoughtful examination before execution. Despite recognizing

While grassroots cryptocurrency adoption went stale after last year’s implosions in the industry, trading platform eToro’s chief executive believes that the appeal of exchange-traded funds (ETFs) for institutions and ease of investing through various platforms for non-professionals could further drive Bitcoin (BTC) adoption. EToro CEO Yoni Assia told Cointelegraph at the recent Abu Dhabi Finance

Cryptocurrency payment platform Alchemy Pay is scaling its payment options by integrating new on-ramps — new ways to buy crypto — in Europe and the United Kingdom. Alchemy Pay has introduced new deposit options, including the euro instant solution, Single Euro Payments Area (SEPA) Instant, and the U.K. fast money transfer option, Faster Payments. Announcing

An ongoing crypto donation campaign dedicated to improving the lives of children worldwide has received over $7.6 million to date, half of which was donated in Ether (ETH).  Philanthropic foundation Save the Children’s HODL Hope Campaign remains nearly $2.4 million short of the $10 million it intends to collect by the end of 2023. ETH

The explosive growth and success of Binance outside of the control of traditional financial and political establishments led to heavy-handed enforcement actions against the exchange, according to former BitMEX CEO Arthur Hayes.  Hayes delved into the recent $4.3 billion settlement paid out by Binance in a lengthy Substack blog. This comes after the exchange and

Developers working on the Bitcoin layer 2 Lightning Network have become less security-oriented and more focused on producing cash flow for their investors, argues a former Lightning Network developer. Bitcoin core developer and security researcher Antoine Riard, made headlines last month after leaving the Lightning ecosystem over concerns about a new attack vector called “replacement cycling,” which exploiters