Bitcoin price still in ‘prime buy zone’ even with rally to $65K

Bitcoin bulls are attempting to flip the $12,000-$12,200 range to support in order to kickstart a rally to $12,900. Despite today’s 4.4% Bitcoin price correction to retest underlying support, bulls are attempting a daily close above $12,000.The S&P 500 reached a new all-time intraday high, confirming the start of a new bull market according to…

Bitcoin saw a real test of its market composition on Thursday amid a sea of liquidations reminiscent of the events from last year. 4941 Total views 20 Total shares Bitcoin (BTC) has performed "very well" as traders send more coins to exchanges than at any time since the March 2020 crash.Data from on-chain monitoring resources…

The United Kingdom’s Financial Conduct Authority (FCA) has published two pieces of research on Thursday, Mar. 7, which examine the attitudes of U.K. crypto consumers.The first study, conducted by research firm Revealing Reality, uses qualitative interviews to focus on the understanding of cryptocurrencies and motivations behind people’s decisions to invest in crypto assets. The researchers…

Ethereum’s long-awaited Merge took place in September, shifting it from a legacy proof-of-work (POW) model to the sustainable proof-of-stake (PoS) consensus algorithm. Many observers expected Ether’s (ETH) price to respond positively as its daily emissions declined 90% with the halt of mining operations. However, the expected price surge never occurred. In fact, Ether has been down…

eNaira will continue to circulate alongside its fiat counterpart, however, promising a faster, cheaper, and more secure option for monetary transactions. 169 Total views 5 Total shares The Nigerian Federal High Court joins the growing list of regulators across the globe to approve the rollout of a central bank digital currency (CBDC) as a legal…

There are two public-facing job listings for crypto pros to go to work for PayPal. 1009 Total views 64 Total shares PayPal is hiring crypto and blockchain experts amid rumors that the global payment platform will enable direct cryptocurrency purchases for its 305 million users. The job descriptions they’re hiring for are publicly available on…

Bybit exchange’s CEO believes maturity of the crypto derivatives market plays an important role in attracting more institutional investors. 89 Total views 6 Total shares In a Cointelegraph China Great Bay Area International Blockchain Week pre-event interview on July 29, Ben Zhou, CEO of derivative exchange Bybit, argued that the maturity of the derivatives market…

The world's largest crypto exchange announced Monday it would cease trading support for USDC and auto-covert deposits to its own stablecoin after Sept 29. 401 Total views 24 Total shares According to a new Twitter post, Jeremy Allaire, co-founder and CEO of USD Coin (USDC) stablecoin issuer Circle, said that the recent decision by Binance…

Cryptocurrency compliance company Elliptic has released the Elliptic Data Set, geared toward identifying cryptocurrency transactions associated with money laundering (AML). The development was announced in a press release shared with Cointelegraph on Aug. 2.Making the crypto world more transparentHaving developed a data set of 200,000 Bitcoin (BTC) transactions with a total value of $6 billion, …