The Ethereum co-founder says the crypto community needs to get with the times. Ethereum co-founder Vitalik Buterin says the current financial crisis is very different to the 2008 Global Financial Crisis that Bitcoin emerged from — and that the crypto community needs to adjust its thinking accordingly. Writing in a Twitter thread on June 2, […]
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Crypto pioneer Adam Back thinks the current financial situation could propel Bitcoin to $300K — even without Goldman Sachs on board. Blockstream’s Adam Back says that unlimited money printing will drive retail investors towards Bitcoin and push the price to $300,000 within five years. In an interview with Bloomberg — in which he once again […]
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The CEO of CryptoQuant believes that capitulation by an unknown miner caused the latest Bitcoin price dip. According to Ki Young Ju, CEO of CryptoQuant, capitulation by an unknown mining pool was responsible for the latest market dip. The miner who has produced 51 blocks over the past four days may be capitulating, reports Ki […]
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After testing $10,000 multiple times over the last three weeks, Bitcoin finally broke through this key level of resistance before dropping back down to the $9,500 range after a whale dump. Technical analysts predicted that BTC would break to the upside for many reasons: Above 20-day EMA Golden cross on daily chart RSI between 55-75 […]
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China’s master plan for making Hainan a free trade island encourages institutions to use blockchain in transforming government function. Chinese authorities have released a master plan for turning southern island province Hainan into a free trade port, Xinhua news reports on June 1. A trade port system will focus on facilitating free trade, investment and […]
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Bitcoin’s recent price dive may have been nothing more than the result of standard trading activities. Bitcoin (BTC) dove more than $1,000 on some exchanges on June 2, although the event seems to be the result of simple trading activity, according to OKCoin’s head of market development Matthew Ficke. “Price movement like we saw yesterday […]
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REvil’s ransomware gang is launching an auction of stolen data, including legal information hacked from Madonna. The ransomware gang REvil has launched an auction feature on the dark web in the past 24 hours, starting with the stolen data from a Canadian company and threatening to auction off information hacked from famous singer Madonna next. […]
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Charles Hoskinson laments Vitalik Buterin’s inability to engage in a meaningful discussion about Cardano, which in his opinion hurts Ethereum. Charles Hoskinson does not know why his fellow Ethereum (ETH) co-founder Vitalik Buterin will not acknowledge the existence of Cardano (ADA) while speaking enthusiastically about other blockchain projects. Ignore fetish In a recent Cointelegraph interview, […]
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Mainstream crypto trading interest has been on the rise since fall 2019. Cryptocurrency has seen a rise in mainstream attention starting last fall — before COVID-19 measures took off, according Floating Point Group, or FPG, an algorithmic trading technology startup conceived at MIT. “An increasing portion of our inbound prospects are established industry participants coming from […]
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A Seoul court granted the petition demanded by the prosecutors to freeze crypto wallets owned by the head of the Nth Room case. On June 2, a South Korean court ordered a freeze on all the cryptocurrency wallets, securities deposits, and stocks account owned by Cho Ju-bin, the suspected head of Nth Room. Nth Room […]
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