Bitcoin's booming 'permanent holder demand' positions BTC price for $116K

The past two years were much harder on the dollar, however. 1393 Total views 11 Total shares Despite rapid advancement of a digital yuan, China's progress in internationalizing its currency has stalled out in recent months. Per data from SWIFT's RMB Tracker released on Jan. 20, the Chinese yuan (CNY), also known as the Renminbi (RMB)…

A spokesperson reportedly hinted the closure was aimed at the company evaluating its “global office footprint." 444 Total views 18 Total shares Major United States-based payment processor PayPal will reportedly be closing its office in San Francisco, while the headquarters in nearby San Jose will remain available to employees.According to a Wednesday report from TechCrunch,…

After launching its crypto lending service in late 2020, SBI has now added support for XRP. 3882 Total views 12 Total shares Japanese financial services firm SBI Group has enabled XRP lending through its cryptocurrency-related subsidiary, SBI VC Trade.According to a Feb. 4 announcement, SBI VC Trade Lending users can now earn interest by depositing…

The inclusive crypto ecosystem has become home to numerous A-list celebrities over the years — primarily driven by the nonfungible tokens (NFT) hype of 2021. However, despite the prolonged bear market and an evident dip in cryptocurrency prices, celebrities continue to pour in support for the crypto market. Over the past year, celebrities have started exploring…

American cryptocurrency exchange Bittrex has said that claims of North Korean users trading on its platform are false in a tweet on April 22.In the post, Bittrex stated that it had examined two accounts which allegedly belonged to users from North Korea, noting that it had investigated the same accounts back in October 2017. The…

ASIC prepares to put crypto and DeFi firmly in its sights. Australia’s Northern Territory Racing Commission is preparing to adopt cryptocurrencies in gambling 308 Total views 24 Total shares Australia’s financial regulator, Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four…

$21,000 is looking tricky as sell orders mount, while buy walls dry up, taking potential support with them. 356 Total views 21 Total shares Bitcoin (BTC) headed toward $21,000 on Nov. 4 as bulls attempted to reclaim lost ground.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it…

A white hat MEV operator front-ran a malicious transaction involving $2.6 million in crypto assets from the Morpho Blue protocol. A known maximal extractable value (MEV) white hat actor intercepted about $2.6 million in crypto assets stolen from Morpho Labs’ decentralized finance (DeFi) protocol.  On April 10, Morpho Labs implemented a front-end update on its