Check out this week’s Bad Crypto News It’s been a strange week for BTC as we move forward in our new mining rewards era. The price ends the week down but a late rally has pushed it back over $9,000. Technical analysts expect Bitcoin to continue rising based on the liquidation range of short positions, […]
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A hardware wallet’s IndieGoGo crowdfunding campaign reached 450% of its target funding amount within two days of launch. The NGRAVE ZERO, claimed to be the world’s most secure hardware wallet, launched its crowdfunding campaign for €25,000 ($27,850) on May 26. In the first two days it smashed this total four times over, and is now […]
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Bitcoin’s strong rally to $9,600 increases the chance of BTC reclaiming $10K but tomorrow’s CME BTC contracts expiry is an event to monitor. Bitcoin (BTC) price continues to inch closer to $10,000, rallying 5.68% to reach $9,600 on May 28. After breaking out of the falling wedge pattern on Wednesday night, the top ranked cryptocurrency […]
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An MIT startup focused on providing institutions better access to crypto trading technologies, recently secured millions in funding. Floating Point Group, or FPG, a startup delivering institutional crypto traders automation technologies, garnered $2 million of capital from several entities. “It’s becoming clear that sophisticated quantitative traders and platform developers are viewing the cryptocurrency markets as […]
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Blockchain technology firm LayerX raised nearly $28 million to further blockchain adoption. Blockchain technology firm, LayerX, has raised about 3 billion yen (equivalent to nearly $28 million) to further blockchain adoption. The Japanese version of Cointelegraph reported on May 28 that LayerX raised the funds from venture capital firms JAFCO, ANRI, and Yahoo Group. JAFCO […]
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OKCoin donated funding to a Bitcoin payment processor, tallying its second independent developer grant allocation. Completing its second independent developer grant, crypto exchange OKCoin has donated $100,000 to open-source crypto payment processor BTCPay Server. In addition to its worldwide fiat on-ramp/off-ramp focus, the OKCoin exchange sees the importance of furthering the industry’s framework, OKCoin CEO Hong […]
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The price of Bitcoin dropped to $8,600 and is now fluctuating just above $9,000, showing high volatility as several factors make its next step unclear. The price of Bitcoin (BTC) dropped to as low as $8,600 on May 25 as retail investors on Coinbase led an abrupt short-term downtrend. The price has since fluctuated between […]
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The price of Bitcoin surges above $9,000 ahead of a Goldman Sachs client call about gold and BTC. The price of Bitcoin (BTC) surged above $9,000, demonstrating a decent recovery in the last 24 hours. Market data shows a further upsurge to the $9,300 to $9,400 range is likely in the near-term. Three key reasons […]
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New funding from CoinFund will help Delta establish a further presence in the Indian market. Crypto derivatives exchange Delta Exchange has announced a new injection of funding from blockchain investor CoinFund, aiming to provide strategic resources for both parties in their focus to expand in India. According to the announcement, New York-based firm CoinFund looks […]
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People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project. People’s Bank of China (PBoC) clarified that there is still “no timetable” on a formal digital yuan launch. In an interview published earlier today on the central bank’s website, PBoC Governor Yi Gang […]
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