Bitcoin sell pressure risk as $1.7B in dormant BTC moves over 2 days
The movement of more than $1.7 billion in “dormant” Bitcoin could lead to downward pressure on Bitcoin in the coming weeks, according to an onchain analyst.
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Is payments giant SWIFT preparing for a blockchain-bound future?
SWIFT is a payments colossus. It operates across more than 200 countries, has 11,000-plus financial institution clients and transmits some 8.4 billion financial messages every year. It is the global leader in cross-border bank-to-bank payments and recently played a key role in the West’s economic sanctions on Russia. That doesn’t mean the Belgium-based cooperative is immune…

Bitcoin fails to break the $21K support, but bears remain shy
Bitcoin (BTC) rallied on the back of the United States stock market’s 3.4% gains on Oct. 28, with the S&P 500 index rising to its highest level in 44 days. In addition, recently released data showed that inflation might be slowing down, which gave investors hope that the Federal Reserve might break its pattern of…

Ether derivatives netflow falls to lowest in 18 months — Why is this bullish?
Analysts speculate that rising Ether outflows from crypto derivatives exchanges are bullish, as they may lead to reduced selling pressure and closed leverage positions.

Maker Foundation Rejects Accusations of Participation in Its Debt Auctions
MakerDAO (MKR) has denied accusations that the Maker Foundation placed the winning bids in all of its recent debt auctions.In a statement shared with Cointelegraph, the Maker Foundation states that it “is not purchasing MKR in the auctions.”Maker Foundation provides “limited technical assistance to some bidders”“Similar to how the Foundation created the Auction UI,” the…

Croatian Post Launches Pilot Program for Crypto-to-Fiat Exchange
The Croatian Post has partnered with Electrocoin to run a pilot program for a crypto-to-fiat exchange in the city of Zadar.The pilot service will reportedly enable crypto holders to convert Bitcoin (BTC), Ether (ETH), Stellar (XLM), XRP and EOS to cash in one of the Croatian Post’s local offices, according to an announcement by the…

The Story Behind the Explosive Growth of Crypto Funds
The explosive growth of crypto funds is a compelling story, especially when you consider that the concept has only been around for six years. Today, crypto funds have become the engine powering the thriving crypto industry. Compared to the 224 funds launched in 2017, 2018 showed unprecedented growth as 239 new crypto funds entered the…

Bitcoin volatility lowest in 563 days, Hayes predicts $1M BTC by 2028
Bitcoin is showing signs of maturity as a global financial asset, with price volatility dropping to its lowest level in more than 500 days, according to new research. Volatility refers to the degree of variation of a trading price over time, which indicates the uncertainty about the size of changes in an asset’s value. Bitcoin

Offline Transactions: The Final Frontier for Global Crypto Adoption
Earlier in September, Cointelegraph reported that Israeli cybersecurity startup GK8 had raised $4 million to finance its offline cryptocurrency transaction solution. The company developed a cold wallet with “hot wallet functionalities” that is completely shielded from online hackers because it does not require an internet connection. Apart from creating additional security layers, offline transactions could, in theory, enable…