Bitcoin’s ‘local market structure’ could push BTC price to new all-time high — Analysts

September 17, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Analysts say Bitcoin’s recent price action could be a sign that the path to new all-time highs has begun.

Brian Armstrong has previously suggested Coinbase might abandon the U.S. for a more crypto-friendly country, but also said the exchange was “100% committed” to the local market. 99 Total views 1 Total shares Brian Armstrong, chief executive officer at Coinbase, has reportedly waffled about whether the cryptocurrency exchange plans to leave the United States amid…

Singapore, France monetary authorities test quantum-proof security

The MAS and BDF experimented with post-quantum email security as a first step in securing payment networks.

As Ether Price Drop Pressures DeFi, Developers Remain Confident in its Success

Thursday’s market meltdown left MakerDAO (MKR) with a $5 million hole that the project is now scrambling to fill. As this is just the latest in a series of hard blows to decentralized finance (DeFi) projects, some are wondering if the ecosystem can defend itself from collapse.Cointelegraph contacted a variety of industry experts and DeFi…

Bitcoin unfazed by $2.6B options expiry, maintains rally toward $100K

The Bitcoin price started falling 30 minutes before the options expiry, but market watchers don’t expect significant downside.

Crypto traders say negative funding rates are buy signals, but are they?

Perpetual contracts, also known as inverse swaps, have an embedded rate usually charged every eight hours. This fee ensures there are no exchange risk imbalances. Even though buyers' and sellers' open interest is matched at all times, leverage can vary, and when buyers (longs) are demanding more leverage, the funding rate turns positive. Thus, they are…

Happy ‘bearday,’ Bitcoin: It’s been 3 years since BTC bottomed at $3.1K

The "real" pit of the bear market for Bitcoin has since delivered over 2,000% gains for patient BTC hodlers. Bitcoin (BTC) may be flagging below $50,000, but its bull market is actually three years old this month.Data from Cointelegraph Markets Pro and TradingView confirms that Bitcoin bulls have at least something to celebrate as 2021 draws…

Kraken launches licensed crypto derivatives in Australia

Kraken expands into Australia’s crypto derivatives market with a regulated broker service for wholesale investors.

Japanese Crypto Exchange Coincheck Is Considering Launching an IEO

Major Japanese crypto exchange Coincheck is considering launching an initial exchange offering (IEO) platform for raising funds through utility tokens.The platformAcquired by Japanese financial services firm Monex Group in April 2018, Coincheck hinted at its plans to establish an IEO business in a recent public announcement, Cointelegraph Japan reported on Aug. 22. According to the report,…

Twitter chases Citadel’s founder, Binance in a race of subpoenas

The company is gathering all the possible information on Elon Musk's private claims about its number of fake accounts. 126 Total views 3 Total shares As the failed acquisition of social platform Twitter by one of the world's richest men, Elon Musk, turned into a protracted court conflict, both sides are filing subpoenas to gather…

Share this: