Bitcoin analysts brace for 6 figures as BTC price seals $93.5K record

The world has arguably been teetering on the brink of a recession for months now. But recent events could be pushing the global economy even closer to the precipice. The coronavirus outbreak has choked China’s output, leading to predictions that it will trigger a global slowdown. Europe is facing its own challenges amid ongoing Brexit…

In the event of a conviction for wire fraud, Nevin Shetty could face up to 20 years in prison. 430 Total views 3 Total shares Nevin Shetty, a former chief financial officer (CFO) at a Seattle startup, was indicted on May 17 in the United States District Court in Seattle on charges of wire fraud. The indictment alleges…

Canadian social media and messaging app Kik has revealed it’s “here to stay,” in an apparent reversal of earlier plans to shut down amid legal difficulties.In an official tweet posted on Oct. 13, the company announced:“Great news: Kik is here to stay!!!!AND there’s some really exciting plans for making the app even better. More details…

Cryptocurrency exchange BitMEX added support for native segregated witness (SegWit) addresses for Bitcoin (BTC) withdrawals, which lets users pay lower transaction fees.According to an announcement on Dec. 12, BitMEX now allows its users to withdraw Bitcoin to Bech32 addresses, the one that natively supports the segregated witness standard.Bitcoin address formatsAs the announcement explains, the Bitcoin…

According to the company, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC. 284 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTOne of the largest Bitcoin mining operations in North America, Marathon Digital Holdings, has shared…

U.S. Senators requested Fidelity to explain how the firm is planning to address the risks of adding Bitcoin into retirement accounts by May 18. 582 Total views 43 Total shares The United States government is growing increasingly concerned about Bitcoin (BTC) in retirement savings, with two Senators flagging some issues in Fidelity Investments’ plans to…

The Bitcoin price has been showing a high level of volatility following its abrupt increase to $10,600 on Oct. 26, when Bitcoin (BTC) climbed by 43% against the United States dollar on a single day.According to Skew Markets, Bitcoin has been more volatile than other major cryptocurrencies like Ethereum in the past week, which does…

Bitcoin (BTC) delivered a swift six-week high into July 29 as the aftermath of the latest macro developments boosted risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMonthly close could seal 20% gainsData from Cointelegraph Markets Pro and TradingView captured local highs of $24,445 for BTC/USD on Bitstamp, its best since the week beginning June 13.After…

This edition of Cointelegraph’s VC Roundup highlights Tevaera, AVALON, Uncharted, Contango, and Movement Labs.