Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price

Jesse Powell is rethinking Kraken’s plan to go public which is set for late 2022, following the uninspiring performance of Coinbase stock (COIN) since its launch on April 14.Speaking with Fortune on June 11, Powell stated that in light of the performance on Coinbase’s direct public offering, the firm is now considering an initial public…

The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.

After record strength in the Bitcoin markets at the end of July, Kraken is predicting that BTC could see price gains of up to 200% over the coming weeks and months. Major U.S.-based crypto exchange Kraken has released a report predicting that Bitcoin (BTC) will rally by between 50% and 200% in the coming months.The…

The hopeful optimism of Bitcoin (BTC) traders seemed to dissipate in the first week of March as key on-chain metrics provided resistance.Now Bitcoin is threatening a retest of the $22,000 level, and a wave of short sellers would stand to profit if that occurred. If the short sellers’ strike price hits, some analysts believe Bitcoin…

Davidson Kempner Capital Management, Francisco Partners, and Capital Group were among the investors in Digital Currency Group's debut into the debt capital markets. 88 Total views 42 Total shares On Thursday, the Digital Currency Group (DCG) announced that it has raised $600 million in a new credit facility, making its debut into the debt capital…

The highly anticipated launch and airdrop of Arbitrum's native governance token ARB took place on March 23, creating a buzz around the layer-2 protocol as hundreds of thousands of eligible users and DAOs tried to claim the token. Overwhelming user demand led the airdrop claim page to crash shortly after its launch, displaying 404 and…

Ledger claimed that recently uncovered vulnerabilities in its hardware wallets are not critical in an official Medium blog post on Dec. 28.Yesterday at the 35C3 Refreshing Memories conference in Berlin, researchers claimed that they were able to hack the Trezor One, Ledger Nano S and Ledger Blue cryptocurrency wallets.In the post, the company explains that…