Bitcoin traders warn BTC price can still dip to $62K or ‘even lower’

Decentralized applications’ (DApps) transaction volume and user activity have slumped in the third quarter of 2019, a new study shows.DApp.com — an analytics platform for DApps built on Ethereum, EOS, Steem, Tron, TomoChain, IOST and Blockstack — revealed its recent findings in a press release shared with Cointelegraph on Oct. 7.An overall market assessment showed…

The TD9 sell indicator emerged on the S&P 500 chart across various time frames. Considering the heightened level of correlation between Bitcoin and stocks, it might hint at a short-term BTC price pullback.But cryptocurrency traders seemingly remain unfazed by the vulnerability of stocks. Several traders anticipate Bitcoin to rally towards the mid-$9,000s despite the TD9…

Recent weeks have seen a surge in interest from traditional finance for crypto-based exchange-traded funds (ETFs). After the Securities and Exchange Commission took issue with its initial filing, BlackRock submitted a fresh application for a Bitcoin ETF on July 3. A week earlier, Fidelity led a crop of investment firms in lodging applications with the…

It appears many Chinese miners have completed their annual migration from Sichuan, with Bitcoin’s hash rate spiking more than 40% in two days. 650 Total views 17 Total shares The hash power of the Bitcoin (BTC) network has jumped by roughly 30% over the past 24 hours, which if sustained, suggestsg a major difficulty adjustment…

Folks looking to build solutions involving Dusk’s privacy-focused blockchain can apply for support, as the company has $5 million to dish out. 671 Total views 1 Total shares The crypto space has grown significantly in recent years, with various projects harnessing different blockchains for their solutions. Dusk Network, a blockchain focused on privacy, now offers…

On Oct. 10, the development team for gaming project FinSoul carried out an alleged exit scam, siphoning away $1.6 million from investors through market manipulation, according to a recent report from blockchain security platform CertiK shared with Cointelegraph. The FinSoul team allegedly hired paid actors to pretend to be its executives, then raised funds for the

Altseason rumors are on the rise on Nov. 9 as altcoins capitalize on Bitcoin's move to a new all-time high and the ensuing consolidation that tends to occur after (BTC) pulls back to retest underlying support levels.As is often the case when Bitcoin has pullbacks during a bull market, some of the outflows find their way…

The blockchain industry is looking to shed the negative association between digital assets and crime as the threat of additional regulatory oversight looms. 907 Total views 8 Total shares Crypto-focused lobby groups in Washington, D.C. are playing an increasingly vital role in reorienting policymakers away from the view that virtual currencies are used primarily for…

The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange. 1039 Total views 2 Total shares The United States Securities and Exchange Commission (SEC) filed an emergency motion in the District of Columbia U.S. District Court for a temporary restraining order against Binance, Binance.US and CEO Changpeng Zhao (CZ) on June 6, requesting…