Bitcoin ‘debasement trade’ is here to stay: JPMorgan

Various news outlets reported that a portion of Okung’s $13 million salary is being paid in BTC. It’s not true. 2690 Total views 12 Total shares National Football League player Russell Okung is a strong proponent of Bitcoin (BTC). And while he may be converting a portion of his salary into BTC, his employer, the…

Zhao Dong was taken in custody by the police with no official statement as to his detention. 1507 Total views 19 Total shares Reports circulating in Chinese media allege that Zhao Dong, head of the over-the-counter (OTC) crypto lending platform RenrenBit, has been detained by local police.The validity of these reports is not known at…

The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong 1281 Total views 21 Total shares Following the announcement of a disappointing closure of a Ugandan subsidiary in October, Binance — the world’s largest cryptocurrency exchange — released a blog post yesterday indicating that another initiative, Binance P2P, is making…

The last 24-hours have been an absolute roller coaster for Bitcoin price (BTC). Earlier in the week, BTC swiftly dropped by 10% after failing to hold above the $8,400 support.Crypto market data daily view. Source: Coin360By Thursday, BTC/USD was sitting on the bottom trendline of a descending wedge pattern and many investors and analysts were…

Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin falls by $1,400 after crash of major crypto exchange CoinbaseAfter…

The symbol was quickly "erased" via a community effort to bid on land around it, altering its shape into a window. 522 Total views 14 Total shares In a statement posted by Shiba Inu (SHIB) Metaverse developers late Tuesday, it appears that a user's wallet address has been blacklisted for drawing a swastika using the…

Saxo Bank founder Lars Seier Christensen told Cointelegraph that in the coming years, new business models will be invented because of blockchain. 154 Total views 18 Total shares While the crypto prices are calm and investor interests remain low, blockchain’s potential to transform and disrupt industries keeps attracting those eager to build regardless of digital…

The price of Bitcoin (BTC) is still struggling to break out above $10,000 following three failed attempts over a 36-day period. Traders remain mixed on the short-term price trend of BTC as macro indicators suggest varying trends.Many traders believe the price of Bitcoin is primed for a rally above the multiyear resistance level of $10,500,…