What pushed Bitcoin price below $60K? Charts point at potential Mt. Gox repayment

July 3, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Bitcoin has been in a downtrend since the beginning of June, struggling to gain upward momentum despite positive ETF inflows.

Multinational holding conglomerate Berkshire Hathaway – which counts outspoken crypto critic Warren Buffett as its CEO and chairman – has invested around $600 million in two fintech payment firms focused on emerging markets, the Wall Street Journal (WSJ) reported Oct. 29.Both investments are said to have been spearheaded by one of Berkshire’s two portfolio managers,…

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BTC price rides US jobs miss amid warning Bitcoin could retest $49.5K

Bitcoin fails to halt a low-timeframe BTC price decline for long as traders look to the week’s final US jobs data.

Hong Kong: 100 ‘Mainstream Media’ Establish ‘Global Media Blockchain Alliance’

The Global Media Blockchain Alliance has been established in Hong Kong to create a “healthy public opinion environment” for the blockchain industry, Taiwanese newspaper China Times reports July 20. At the 2018 Global Media Blockchain Summit, held in Hong Kong July 19, the Global Media Blockchain Alliance released its "Hong Kong Initiative." In it, they…

DeFi Yield Farming Is Driving Adoption, but Stakeholders Urge Caution

Three years on from the initial coin offering mania of 2017, decentralized finance is the new hype. Spurred on by the promise of high annual gains, traders appear to be sowing heavily in crypto’s latest yield-generating arena that is DeFi. Projects in the early days of crypto seemed to focus on payments and finance in…

US Education Department promotes putting student records on blockchain

The COVID-19 pandemic has exposed flaws across various sectors. As a result, a number of government departments are evaluating blockchain-based systems as possible solutions for challenges involving multiparty workflows, record-keeping, transparency and more. For example, the United States Department of Education recently provided funding for the launch of the “Education Blockchain Initiative.” Referred to as the…

US election optimism fuels $2.2B inflows in crypto products

CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US.

Bitcoin Is a Technology, Not a Business Opportunity, TRON CEO Tells Mainstream Media

Criticism of Bitcoin (BTC) by big business is misplaced, blockchain developer network TRON’s CEO Justin Sun told CNBC in an interview on March 13.Speaking to the network about the general state of the cryptocurrency markets, Sun, who is also CEO of BitTorrent after the company bought the file sharing network in June 2018, said their…

Solana plans to improve its blockchain: Here’s how

After a network-wide slowdown left users frantic, Solana released plans to improve its latest network upgrade. 172 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe Solana network experienced a noticeable slowdown in block production after its most recent 1.14 network update on Feb. 25, as it went into…

ConsenSys launches zkEVM private beta testnet

The software has received over 150,000 signups so far. 2067 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTWeb3 ecosystem developer ConsenSys unveiled its zero-knowledge Ethereum Virtual Machine (zkEVM) network for private beta testing via a blog post on Dec. 13. Designed and operated by ConsenSys, developers can deploy…

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