Institutions not so interested in Bitcoin at $58K, metric shows

Ahead of the imminent Bitcoin Cash (BCH) hard fork, mining giant Bitmain has rushed to deploy around 90,000 Antminer S9 machines to the western Chinese region of Xinjiang, Chinese blockchain news source DeepChain reports Nov. 8.As reported, the BCH network will hard fork on Nov. 15, and Bitmain is reported to be strategizing its role…

The Turbo memecoin surged by over 2,000% in the last three months, sending its market capitalization above $600 million.

John McAfee’s bodyguard and executive advisor has pleaded not guilty to involvement in crypto scams that duped investors out of $13 million. 1626 Total views 16 Total shares A former navy seal and bodyguard to the banged-up abroad McAfee antivirus software founder, John McAfee, has pleaded not guilty to charges alleging he was involved in…

The firm pushed Maple Finance to halt Alameda's dedicated borrower pool earlier this year. 290 Total views 2 Total shares Orthogonal Credit, an arm of the digital asset hedge fund Orthogonal Trading, disclosed on Nov. 9 it pushed to close Alameda Research's dedicated borrower pool on Maple Finance in the second quarter of this year,…

Wednesday, Dec. 12: Cryptocurrency markets have seen moderate gains on the day, with all top 20 coins by market capitalization in the green, according to Cointelegraph’s Coin360.Market visualization from Coin360Bitcoin (BTC) began the day around $3,414, subsequently reaching its intraday high of $3,534. At press time, the major coin is trading at $3,499, up 2.21…

Outspoken crypto skeptic and gold peddler, Peter Schiff, is once again taking aim at the Bitcoin community on Twitter.Schiff predicts that the coming years will see gold ‘moon’ while Bitcoin (BTC) “crashes back to Earth.”‘Bitcoin bugs’ don’t understand moneyIn a tweet posted on April 11, Peter Schiff predicts a reversal in what he describes as…

Since early 2020, the institutional demand for Bitcoin (BTC) has been steadily increasing. In the second quarter of this year, data show that the appetite for BTC spiked significantly. According to crypto asset fund Grayscale, its products recorded an inflow of $1.4 billion in capital. The investment firm is best known for the Grayscale Bitcoin…

A Bitcoin weekly close above $85,000 will be “critical for resuming upside momentum,” amid ongoing trade war concerns, analysts told Cointelegraph. Bitcoin analysts are eying the weekly close to gauge Bitcoin’s price trajectory for next week, as traditional and crypto markets are lacking direction amid a mix of global trade war fears paired with easing