Fahrenheit wins bid to acquire assets of crypto lender Celsius
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Bitcoin Price Hits Tipping Point Above $7.6K — Pivotal Weekend Ahead
Bitcoin (BTC) is trading up around 2% at $7,600 on the back of the European session this morning, which is where it has been consolidating for a couple of days. With the weekend looming and the month of November coming to a close, Bitcoin price action is at a critical point and is likely to…

Bitcoin slips under $50K amid warning ‘new player’ Binance whale is pressuring BTC price
What appears to be a "new player" starts flipping $50,000 to resistance after some brief Christmas cheer for Bitcoin bulls. 2302 Total views 16 Total shares Bitcoin (BTC) lost $50,000 for the first time in several days on Dec. 26 as exchange inflows caught up with the cautiously optimistic mood.BTC/USD 1-hour candle chart (Bitstamp). Source:…

Bored Ape Yacht Club NFTs catch up to CryptoPunks, flips floor price
The two most traded nonfungible token collections vie for the top spot in sales with BAYC in the lead, according to OpenSea. 1984 Total views 26 Total shares The price of the cheapest Bored Ape NFT for sale is now 53.9 Ether (ETH), or $215,067, while the minimum asking price for a CryptoPunk is 52.69…

Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
The stablecoin pool ideally has a weightage of 33.3% of each USDT, USDC and DAI, however, on June 15, the USDT weightage rose above 70% in the pool. Tether-issued USDT (USDT) stablecoin slightly deviated from its dollar peg value on June 15 due to an imbalance in the Curve 3pool. The price of USDT fell by…

SEC’s Cryptomom Proposes Safe Harbor Framework for Token Projects
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed safe harbor for token projects.After initially floating the idea in August 2019, Peirce has now formally presented a regulatory vision that would create a safe harbor for projects that raise funds to build decentralized networks.Peirce proposes to provide decentralized network developers with…

Evolve wins second Canadian Bitcoin ETF as Ontario regulator approves application
Evolve Funds Group Inc has received approval to list its Bitcoin ETF. The new asset will trade under the ticker symbols “EBIT” and "EBIT.U" and provide direct exposure to BTC. 1355 Total views 9 Total shares North America’s second Bitcoin (BTC) exchange-traded fund received regulatory approval on Tuesday, offering another potential entry point for institutional investors…

Survey: Half of Millennial Investors Trust Crypto Exchanges More Than Stock Exchanges
Nearly half of millennial traders have more trust in digital currency exchanges than in United States (U.S.) stock market exchanges. Data regarding millennial investment attitudes was collected in a new study from investment platform eToro and published on Feb. 19.Per the report, 43 percent of the surveyed millenial online traders demonstrate less trust in the…

Cryptocurrency Markets Mainly See Red, Bitcoin Hovers Below $6,600
Saturday, September 29: crypto markets are mainly seeing red today, with only five out of the 20 top cryptocurrencies by market cap seeing some growth by press time, according to CoinMarketCap. The daily trade volume has dropped below $16 billion, currently amounting to $15.6 billion.Market visualization from Coin360Bitcoin (BTC) has failed to hold $6,700 support,…