Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction

LINA, WRX and STORJ led altcoins higher even as Bitcoin bulls encounter resistance at the $40,000 level. 414 Total views 18 Total shares Bitcoin’s (BTC) recent surge above $40,000 injected a healthy dose of bullish optimism into the crypto market and further proof of this comes from the Crypto Fear and Greed index which has…

Bitcoin is still struggling to stay above $31,000. While a tight consolidation near the overhead resistance is a positive sign, the failure to rise above it may result in short-term liquidations. However, a shallow pullback should not be considered a trend change because, many times, the bulls take a step back to regroup and launch another…

Exchange tokens are falling under the scrutiny of South Korean regulators. 305 Total views 1 Total shares The increased regulatory scrutiny that befell South Korea’s cryptocurrency space in recent times appears to have extended to include exchange tokens.Exchange tokens are tokens issued by a cryptocurrency exchange that usually offer some benefit to the holder, either…

Globe Derivative Exchange prepares to launch its platform next month by raising $18 million for a token sale. 1839 Total views 15 Total shares A new global cryptocurrency derivatives exchange, Globe Derivative Exchange, or GlobeDX, continues preparation for the platform's launch by securing another major raise.GlobeDX announced Wednesday that the firm has successfully raised $18…

TORN is near a historically strong support range, eyeing a 75% rebound by September 2022. 211 Total views 3 Total shares Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped with sanctions by the U.S. Treasury Department.The department accused Tornado Cash, a crypto mixer platform, of laundering more than…

Although traditional fund managers remain hesitant about investing in Bitcoin and Ether, their exposure to digital assets appears to be growing. 279 Total views 18 Total shares Traditional hedge funds are slowly embracing cryptocurrency investments but are keeping their exposure limited as the market continues to mature, according to new research from PricewaterhouseCoopers, or PwC.In…

An employee at a nuclear research center in the closed town of Sarov in Russia was fined for illegally mining Bitcoin (BTC).Convicted to pay $7,000 fineAccording to a Sept. 27 article by Russian news outlet Meduza, a man was fined 450,000 rubles ($7,000) for trying to mine Bitcoin by using a petaflop-capable supercomputer at his…

The innovative cryptocurrency futures exchange FTX has launched fractionalized trading in stock derivatives. 579 Total views 10 Total shares Major cryptocurrency derivatives exchange FTX has launched trading in “fractional stocks offerings” — tokenized products representing the shares of global firms.The products were launched on Oct. 29 in partnership with German-licensed investment Firm CM-Equity and tokenization…

The Sui blockchain network quietly fixed a bug that could have put “billions of dollars” at risk, according to a May 16 announcement from Zellic, the security firm hired to audit the network’s security.Loss of Funds Bug in Aptos and SuiQuick spotlight on an unpublished (but fixed) loss-of-funds bug in the move verifier that seems…