Bitcoin price loses $60K support to hit 2-month lows
Bitcoin traders feel the sting of $160 million liquidations as BTC price returns to levels not seen since February.
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Coinbase, Binance and Kraken under scrutiny: Law Decoded, July 25-August 1
Enforcers around the world are demonstrating their interest to the industry's largest players. 392 Total views 4 Total shares Despite some good signs of the crypto prices recovery, last week could hardly be called bright for the market, as the major news came from the enforcers and not the regulators. According to a report from…

Lamborghini-backed GT racing team to authenticate car parts using NFTs
Former racing champion Vincenzo Sospiri said that this will allow them to monitor and ensure the quality of their car parts. 646 Total views 28 Total shares Vincenzo Sospiri Racing (VSR), a GT racing team backed by Lamborghini's motorsport department, has announced its partnership with nonfungible token (NFT) platform Go2NFT to launch a program that…

Shadow of Steem: Crypto Exchanges Choose to Govern User Deposits Differently
Crypto exchanges have become the most powerful stakeholders in the crypto ecosystem. Currently, just 12 crypto exchanges hold around 2.5 million Bitcoin (BTC) in their wallets, worth around $15 billion. That’s 13.8% of all Bitcoin mined to date — or, 16%–17% of all Bitcoin in circulation, considering lost Bitcoin (as of March 19).Exchanges are also…

Food companies secure trademarks to enter metaverse
A number of food companies have recently begun to position themselves within the Web3 ecosystem by filing trademark applications for the Metaverse and nonfungible tokens (NFTs). Licensed trademark attorney Mike Kondoudis shared in a tweet that Kraft Foods Group had filed a trademark for its iconic hot dog-shaped Weinermobile on Oct. 12. The filing revealed that the…

Is Bitcoin overbought or oversold? Use Bollinger Bands to find out!
Trading is neither an exact science nor art. It is a mixture of both. There are scores of publicly available indicators and each claims to be the best. However, none of them are perfect or designed to be used in isolation.One of the more popular indicators widely used by several traders is Bollinger Bands, an…

Kraken OTC Head: Bitcoin Is Not Safe Haven Yet
Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier compared today’s cryptocurrency trading industry to how Wall Street used to be, adding that it is still too soon to call Bitcoin a safe haven for investors.During the Nasdaq TradeTalks interview published on Aug. 22, Minier stated:“Wall Street ain't what it used to be.…

Bitcoin’s longest ‘extreme fear’ streak finally breaks
After 73 days of "extreme fear" on the Crypto Fear and Greed Index, investors can breathe a very small sigh of relief. 2767 Total views 6 Total shares Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in Bitcoin (BTC) as bulls make…

IREN tumbles after short seller calls miner ‘Prius at the Grand Prix’
Crypto miner IREN, formerly known as Iris Energy, fell 24% on the Nasdaq following a short-seller report.