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Bitcoin price has legs above $100K despite holders booking record profits — Analysis
The Bitcoin market has yet to reach the unsustainable euphoria typically observed at the peaks of previous BTC price bull runs.

Hive Continues Independence Push as Steem Stakeholders Migrate to New Chain
Over the past few days, the ex-Steem blockchain community has gained an upper hand over Justin Sun and his recently acquired Steemit startup. After blaming Sun for attempting to centralize their network, a substantial part of the original Steem community successfully launched a hard fork called Hive. Steem stakeholders are now actively migrating to the new…

Breaking: US SEC Deems $1.7 Billion Telegram Offering Illegal, Orders Halt
The United States Securities and Exchange Commission (SEC) has announced that Telegram and the forthcoming GRM token constitute an unregistered digital token offering.Per an Oct. 11 press release, the SEC has filed an emergency action and restraining order against Telegram and the Telegram Open Network (TON) in a complaint with Manhattan court.The allegationsThe full complaint…

Blockchain can stamp out fake news and rebuild trust in mass media
Fact-checking agencies are in charge of verifying facts and claims in the news that may be distorted in the process of rewriting or for any political purposes. The news text may consist of truthful information written in a neutral format peculiar to the news, but one sentence may contain a false fact or claim whose…

This crypto mining operator was named Bitmain’s sole North American cooperative repair center
North America now has its own Bitmain repair center. Crypto mining operator Core Scientific is set to become the first North American cooperative repair center for major crypto mining hardware manufacturer, Bitmain.According to an announcement shared with Cointelegraph, the company will offer repair services for Bitmain’s machines. The company says that this will reduce costs…

Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debate
Bitcoin (BTC) saw fresh rejection at $23,500 resistance on Aug. 5 as United States equities failed to embrace surprisingly strong payroll data.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Collapsing real wages" poke fun at payroll printData from Cointelegraph Markets Pro and TradingView followed BTC/USD as bears kept the market in its intraday trading range.Wall Street opened…

Ethereum eyes rally to $3K, with 39% ETH price rebound triggering a classic bullish pattern
The price of Ether (ETH) jumped to a three-week high on Monday, triggered by similar gains in the Bitcoin (BTC) market that appeared in the wake of rumors about Amazon’s foray into the cryptocurrency sector.A job posting from the retail giant showed that it is seeking an executive to build its “digital currency and blockchain…

Russian central bank proposes blanket ban on crypto mining and trading
Russian central bank has demanded reinforcement of the ongoing crypto payment ban and seeks to introduce punishments In a report published on Thursday, The Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining.The report titled "Cryptocurrencies: trends, risks, measures" compares cryptocurrencies to a Ponzi scheme and calls for…