Bitcoin price sees oversold bounce to $62K but will it hold?
Bitcoin price snaps back above $62,000, but technical traders are unsure whether the BTC downtrend is over.
Related Posts


Robinhood bought back Sam Bankman-Fried’s stake from US govt for $606M
The purchase of the 55 million Robinhood shares had been expected following approval from the company's board and a U.S. district court. 99 Total views 21 Total shares Cryptocurrency and stock trading platform Robinhood has announced the purchase of more than 55 million shares of the firm previously held by former FTX CEO Sam Bankman-Fried.According

‘Compliance is a journey,’ says Binance CEO amid regulatory scrutiny
The crypto industry has massively evolved since Binance’s launch four years ago, but it still needs more regulatory certainty, Binance's CEO said. 48 Total views 1 Total shares Amid intensifying concerns over Binance’s global regulatory issues, the company’s CEO and founder Changpeng Zhao has underscored the exchange's commitment to cooperating with regulators.In an open letter…

Crypto personality pleads guilty to fraud after promising 60% returns over 3 months
The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a "fictitious" cryptocurrency” wallet after promising significant gains.

Helping Ukraine without donating: Laura’s DeFi staking plan
Laura K. Inamedinova is a marketing agency CEO from Lithuania who started early with ICOs, a journey that has led her to launch UkrainianPool, an initial staking pool offering raising money for the Ukrainian government.Inamedinova got into ICOs right out of university in 2016 and is shy to mention the name of the first crypto…

Ether surges 18% amid new hope for spot Ether ETFs approvals
If a 19b-4 spot Ether ETF filing be approved, analysts anticipate the SEC won’t immediately sign off on the S-1, which is required for the products to launch.

US national crypto laws should look like New York’s, says state regulator
The superintendent of the New York Department of Financial Services highlighted her state’s stringent standards as the blueprint for federal legislation. 297 Total views 28 Total shares The superintendent of the New York Department of Financial Services (DFS) joined a nationwide regulatory discussion in the aftermath of the FTX collapse with a fresh take. Adrienne…

Altcoin roundup: There’s more to DeFi than just providing liquidity
The growth of the decentralized finance (DeFi) sector has been a recurrent headline throughout 2021 and to date, hundreds of billions of dollars in crypto assets are locked on protocols across numerous blockchain networks and earning a yield for their holders. What started off as a simple Ethereum-based swap interface that allowed ERC-20 tokens to be…

No, Musk, don’t blame Bitcoin for dirty energy — The problem lies deeper
Elon Musk is definitely interested in digital currency, but it seems that he doesn’t want to understand it. At least, I worry that he doesn't have a deep enough understanding of Bitcoin (BTC) and decentralized systems in general.A decentralized system has to be secure, and proof-of-work (PoW) is the solution for Bitcoin to secure its…