Bitcoin tags $100K despite warning Fed rate cut pause 'here to stay'

Spent output profit ratio is heavily hinting that hodlers should buy the dip on BTC, analysts say. 741 Total views 10 Total shares Bitcoin (BTC) speculators have been selling at a loss, and this week presents a golden buying opportunity, analysts say.Data shows Bitcoin’s spent output profit ratio (SOPR) flipped negative for the first time…

Researchers have published a new report on what they deem to be a “relentless” crypto mining botnet that lurks behind seemingly innocuous content such as JPEG images of Taylor Swift.The botnet — best known as MyKings (alternatively as DarkCloud or Smominru) — has been active since 2016, according to a Dec. 18 news release from…

The Chicago Mercantile Exchange, or CME, has hosted over $100 billion in volume for its Bitcoin futures trading product. “CME Bitcoin futures have surpassed $100 billion in total notional value traded since their launch in December 2017,” CME Group Managing Director and Global Head of Equity Index Alternative Investment Products, Tim McCourt, told Cointelegraph.  Institutions join cryptoDuring…

Despite there still being work to be done to further diversify the crypto space, many believe the blockchain sector is generally more diverse than other tech industries. This could be because cryptocurrency boasts financial inclusion and the democratization of global economics, attracting a wide variety of people from various nationalities, ethnicities, genders, etc., from around…

The NFT marketplace has opened dialogue with at least one of the suspected victims in an attempt to safely return the prized assets. 160 Total views 2 Total shares Major nonfungible token (NFT) marketplace OpenSea announced a service upgrade on Saturday, which requested that users migrate their listed assets from the Ethereum (ETH) blockchain to a…

The city of Williston of North Dakota has officially started accepting cryptocurrencies like Bitcoin for utility payments via BitPay. 1913 Total views 23 Total shares A city in North Dakota is joining the cryptocurrency adoption race in the United States by starting to accept crypto payments.Hercules Cummings, finance director for the City of Williston, announced…

The body of Dr. John Forsyth has been found following a week-long search but police reportedly said foul play did not appear to be a factor. 205 Total views 2 Total shares The co-founder of referral-based crypto project ONFO coin who went missing in Missouri on May 21, has been found dead around a week…

Germany’s largest bank, Deutsche Bank, has joined JPMorgan’s blockchain-based network, the Interbank Information Network (IIN).Two years in operationLaunched as a pilot in 2017, the JPMorgan-led blockchain initiative now has a network of 320 banks that have entered the platform to swap global payments data using the Ethereum network, the Financial Times reported on Sept. 15.Takis…

Investors have faced a tumultuous year in 2022 as stocks, bonds, and the cryptocurrency sector have all witnessed sharp declines. As of Nov. 30, the performance of a traditional portfolio comprising 60% stocks and 40% bonds has been the worst since 1932, according to a report by Financial Times.The next big question troubling crypto investors…