BTC whales not in sufficient profit to dump on market — Ki Young Ju

Major United States cryptocurrency exchange OKCoin has announced that its current chairperson, Hong Fang, is taking over as CEO.Fang is a former Goldman Sachs banker, and early investor in OKCoin. She told Cointelegraph she will continue to be chief operating officer for parent company OK Group, in addition to her new duties as OKCoin CEO.Meanwhile…

The Philadelphia city government is enthusiastic about exploring a partnership with CityCoins to help boost its treasury with cryptocurrency. 204 Total views 4 Total shares Philadelphia is on the cusp of following in the footsteps of Miami, Austin and New York City by partnering with CityCoins to develop a crypto for the city of Brotherly…

Dolce and Gabbana announced the first in a line of NFTs in partnership with luxury marketplace UNXD. 319 Total views 2 Total shares Fashion and Luxury brand Dolce and Gabbana has announced the launch of an exclusive NFT collection in collaboration with UNXD — a digital marketplace powered by the Polygon Network which hopes to…

New York City’s mayor Bill de Blasio declared a state of emergency in response to the coronavirus outbreak yesterday. “The only analogy is war,” he said — and the consequences for the crypto industry, as for all others, are sobering.Even ahead of de Blasio’s action, the New York Department of Financial Services (NYDFS) sent a…

The celebrity was commissioned to record a promotional video for cryptocurrency, in which she forecast new all-time price highs for Bitcoin and Ether. 287 Total views 3 Total shares The crypto bull season — and the accompanying hype — is undoubtedly upon us. Recalling some of the celebrities who got in on crypto during the…

This week Bitcoin (BTC) price has struggled to overcome resistance at $9,600 and at the time of writing the top-ranked cryptocurrency on CoinMarketCap is finding support near $9,400.Crypto market daily performance. Source: Coin360Technical analysis shows there is a strong support level at $9,270 and if Bitcoin price drops below it a steep pullback could occur.To…

Bitcoin (BTC) and the crypto market have been accelerating heavily in recent weeks, as Bitcoin has surged by 60% from the July lows, while Ether (ETH) has been showing strength with a 90% rally as altcoins have been seeing massive gains across the board.The sentiment has flipped heavily as well. Three weeks ago, the majority…

Twitter co-founder and CEO Jack Dorsey tweeted the newly added Bitcoin (BTC) emoji on Feb. 2 and tagged Unicode, the consortium managing the character standard, in an apparent suggestion to do the same.Dorsey’s tweet showed that, now, whenever a Twitter user writes the Bitcoin or BTC hashtag, an image showing its symbol appears next to…

Nonfungible tokens are not a new phenomenon in the crypto space, as the emergence of blockchain technology has provided a useful base layer to create a sprawling economy for digital collectibles.Amid the growing appetite for digital art, in-game utility tokens and other forms of crypto collectibles, the NFT metaverse is experiencing a surge toward broad-based…