Cardano Sharks Circle Ahead of Potential Bullish Breakout

Key Takeaways Cardano is currently consolidating between the $0.43 support and the $0.50 resistance. Meanwhile, mid-size “shark” holders have added over 79 million ADA to their positions. Overcoming resistance at $0.50 could... Read more »

Bitcoin risks new lows as $20K looms amid dollar euro parity

Bitcoin (BTC) headed for $20,000 after the July 11 Wall Street open amid fresh warnings to “prepare for new lows.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $20,300 eyed as next support... Read more »

Binance Gets VASP License From the Bank of Spain

Binance, one of the largest crypto exchanges worldwide, has secured a license from the Bank of Spain that will let the exchange operate in compliance with the local laws. This certification means... Read more »

The case for Bitcoin strengthens as Chinese bank depositors riot over frozen accounts

Social media footage shows crowds of angry people in Zhengzhou, the largest city in Henan province, protesting the freezing of accounts by some rural banks. Local media reported that the deposits held... Read more »

Grayscale legal officer says Bitcoin ETF litigation could take two years

Asset management firms continue to fight for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States as regulators remain skeptical of the idea. Craig Salm, chief legal officer at asset manager Grayscale,... Read more »

Bitcoin, Ethereum Set Up for Potential Rebound

Key Takeaways Bitcoin and Ethereum dropped by over 10% in the last three days.  Both cryptocurrencies now present buy signals on their four-hour charts. A spike in buying pressure could push BTC... Read more »

Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility

According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power... Read more »

A brief history of Bitcoin crashes and bear markets: 2009–2022

Bitcoin (BTC) experienced one of its most brutal crashes ever in 2022, with the BTC price plummeting below $20,000 in June after peaking at $68,000 in 2021. June 2022 has become the... Read more »

Will release of $3B Bitcoin from Mt Gox cause market bottom in August?

137,000 BTC worth roughly $2.8 billion will soon be released into the market as funds lost to the Mt. Gox hack of 2011 and subsequent loss of 850,000 BTC worth around $17.8... Read more »

Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law

New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have... Read more »