BTC price warning: Binance ‘wants blood’ amid sub-$60K Bitcoin target

Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining. Shenzhen-based crypto mining firm, Bit Mining, is raising $50 million to fund an expansion out of the Chinese market.Announced on July 12, the firm has entered into an agreement with select institutional and accredited investors to raise $50…

After twenty days of holding the $22,500 support, Bitcoin (BTC) price finally broke down on Feb. 9. Bullish traders had placed their hope on a sustained rally, but this has been replaced by a tight trading range with resistance at $22,000. The downtrend is even more concerning since the S&P 500 is trading near its highest…

Australia’s financial regulator, Australia's Securities and Investments Commission (ASIC) has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. According to ASIC’s newly released “Corporate Plan” released on Aug. 22, the financial regulator said it will be focusing on “digitally enabled misconducts” as “emerging technologies and products…

The Russian Ministry of Communications has added Waves Enterprise to the Unified Register of Russian Software for Computers and Databases.Documents published by the Russian Ministry of Communications on April 7 reveal that Waves Enterprise was added to the list and described as a “cloud-based distributed ledger service and service for virtualization and storage of data.”…

Wednesday, June 12 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) approaches the $8,000 mark again after breaching it earlier today.Market visualization courtesy of Coin360Bitcoin is currently up over 2% on the day, trading around $7,987 at press time, according to Coin360. Looking…

The government has repeatedly announced that the launch would take off by March 20 but apparently failed to deliver it. 191 Total views 23 Total shares Considering the absence of any official announcements, El Salvador’s government seems to have delayed the launch date of the so-called “volcano bonds.” Earlier, Salvadoran finance minister Alejandro Zelaya had…

The crypto market is up today, reflecting investors' optimism for eventual interest rate cuts and the DXY’s short-term weakness.