Bitcoin still lacks $60K support as BTC price nears $100M liquidity zone

Paul Brody, EY’s global blockchain leader, highlights how privacy is the missing piece for blockchain adoption in businesses and provides potential solutions to enterprise concerns.

Bitcoin (BTC) saw fresh volatility after July's final Wall Street open as highs north of $24,000 remained solid resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewResistance strikes BTC at $24,000Data from Cointelegraph Markets Pro and TradingView reflected bulls' continuing struggle as BTC/USD lurched around the $24,000 mark on July 29.The pair had attempted to match the week's…

Fundstrat’s Tom Lee was the main highlight of last week’s Blockchain Economy 2020 event in Istanbul, Turkey. Taking the stage on day two, Lee addressed a crypto-savvy audience for about half an hour.Before delving into why Bitcoin (BTC) would see a price hike this year, Lee started his speech with a nod to the famous…

After announcing the approval of nine new digital funds, WisdomTree reiterated that it wants to further integrate blockchain tech to improve the investor experience. 507 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTThe U.S. Securities and Exchange Commission (SEC) has given the green light to nine more…

Some of the key areas of blockchain development include manufacturing, energy, government data sharing and services, law enforcement, taxation, criminal trials, inspection, and cross-border finance. 146 Total views 3 Total shares The Cyberspace Administration of China (CAC) announced the commencement of an in-house effort to expedite blockchain development and innovation across 15 zones and 164…

Gaming giant Ubisoft has partnered with Web3 firm Immutable to launch Might & Magic: Fates, a blockchain-powered strategy card game set in the Might & Magic universe. According to a news release shared with Cointelegraph, Might & Magic: Fates blends classic strategic gameplay with modern blockchain technology, offering players digital ownership through Immutable’s Web3 infrastructure.

American video game, consumer electronics, and gaming merchandise retailer GameStop has launched its NFT marketplace enabling gamers, creators, collectors, and others to buy, sell and trade NFTs. 35 Total views 1 Total shares Gaming giant GameStop (GME) launched its own non-fungible token (NFT) marketplace on July 11. The new NFT marketplace intends to deliver low…

The difficulty adjustment for Bitcoin mining posted its first negative adjustment for 2021, dropping 1.5%. 47 Total views 1 Total shares For the first time since November 2021, the Bitcoin (BTC) mining difficulty adjustment has dropped, correcting 1.49%. The move follows a succession of 6 consecutive positive difficulty adjustments, in which the mining difficulty and…

Unloading Bitcoin (BTC) spot positions when it starts crashing violently upon forming its all-time highs is a bad investment call, at least according to its historical price action.The flagship cryptocurrency's eleven-year lifetime has seen it undergoing many bullish and bearish cycles. The BTC/USD exchange rate typically rises parabolically. It later trims more than half of…