Blockchain

Bitcoin Reclaims $56k But Still Faces Potential Drop to $47K, Analyst Reveals Why

Bitcoin has recently exhibited resilience that has surprised many market spectators Following a dismal drop to a 24-hour low of $53,898, Bitcoin clawed its way back above the $56,000 mark, up 16% in

Zambia to Outlaw Use of Foreign Currency, Criminals Could Face Jail Time for up to 10 Years

The Bank of Zambia has proposed a new series of guidelines that seek to outlaw the use of foreign currency, including the US dollar, for local transactions If finally approved, the document would

Mt. Gox Repayments: Creditors Receive Full BTC And BCH Amount But Investors Worry

The Mt Gox bankruptcy saga seems to end as the long-awaited repayment process finally begins On July 5, Mt Gox, some creditors started receiving Bitcoin (BTC) and Bitcoin Cash (BCH) in their accounts

Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?

As Bitcoin faces strong headwinds, breaching two critical support levels at $60,000 and $56,500 in quick succession, it may, on the surface, appear that fear is gripping the market There are reasons

Colossal Buying Pressure For Bitcoin And Solana As FTX Plans $16B Distribution, Expert

In a significant development for the cryptocurrency industry, FTX, the exchange that collapsed in November 2022 under the leadership of convicted Sam Bankman-Fried, is preparing to distribute a

Bitcoin Whales Sold $1.7 Billion In BTC During Past Month: Data

On-chain data shows the Bitcoin whales took part in significant net distribution in the past month, potentially feeding into BTC’s bearish momentum Bitcoin Whales Have Been Selling Amid Bearish

Corruption in Paraguay: Senator States Illegal Bitcoin Mining Farms Pay up to $500,000 to Operate Underground

Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms for operating underground

Doomsday for Ethereum? ‘A Crash Down To $1,500 Is Coming,’ Says Skeptic, Here’s Why

The crypto market is currently navigating through a turbulent phase, particularly for Ethereum, which has seen a significant downturn of nearly 15% in its value over the past week Amid this negative

OpenAI did not reveal security breach in 2023 – NYT

OpenAI experienced a security breach in 2023 but did not disclose the incident outside the company, the New York Times reported on July 4 OpenAI executives allegedly disclosed the incident internally

German MP Strongly Opposes Government’s Bitcoin Sale Amid Market Uncertainty

In a scathing critique of the recent Bitcoin management strategy of the German government, Joana Cotar, a member of parliament has openly expressed her disapproval of the plan to sell off its BTC
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Restaked Bitcoin Protocols Skyrocket 4,459% in Just 9 Months

Since the advent of restaking bitcoin and Babylon’s leading role in the space, restaked bitcoin protocols have exploded onto the scene with phenomenal momentum Over the past nine months, these

Bitcoin Rebounds Above $85,000 Amid Weak Market Demand

Bitcoin (BTC) is experiencing a notable price recovery, reclaiming the $85,000 level after a 43% increase in the past 24 hours This rebound has sparked renewed optimism among investors, who are now

Bitcoin Panic Sellers Lost $100M – Why Smart Investors Are Betting on BTC Bull Token Instead

The crypto market is full of surprises, but one thing remains consistent: panic selling always costs new investors a fortune  In the last six weeks alone, speculators dumped their Bitcoin holdings,

Cardano (ADA) Whales Buy 130M Tokens, Bull Run Incoming?

The post Cardano (ADA) Whales Buy 130M Tokens, Bull Run Incoming appeared first on Coinpedia Fintech News As the Cardano (ADA) price continues to consolidate near a crucial support level of $065,

Crypto Expert Reveals Why XRP Will Never Flip Ethereum

A crypto expert has promptly shut down the idea that XRP will ever surpass Ethereum In his post, the analyst shared several reasons why he believes such an outcome is highly unlikely, highlighting