With the price of Bitcoin (BTC) holding above $22,000, more and more market players are turning bullish again. Does this mean that we could see BTC go to $28,000 in the short term or will it fall below its current levels? Join us as we discuss this and other topics with Crypto Jebb and Mr. Wonderful himself, Kevin O’Leary. In…
Month: August 2022
Building the blockchain industry despite market drops and regulation threats
“The cryptocurrency market is the only truly free market that exists in the financial universe,” said Dan Tapiero, CEO of 10T Holdings, during a recent video discussion with Cointelegraph Research. A major concern of venture capital (VC) and investment firms as of late has been centered around regulation from different countries around the globe. While the theme of the discussion…
Bitcoin price retests key $22.8K as metric points to ‘BTC buying spree’
Bitcoin (BTC) returned to base on Aug. 4 as higher levels gave way to a battle for the 200-week moving average (MA). BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Battle for classic Bitcoin price trendline rages Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to repeatedly test the key bear market trendline as support. The day’s Wall Street…
Twitter chases Citadel’s founder, Binance in a race of subpoenas
As the failed acquisition of social platform Twitter by one of the world’s richest men, Elon Musk, turned into a protracted court conflict, both sides are filing subpoenas to gather information ahead of the first hearing. Recent reports claim that Twitter has made an effort to serve subpoenas to Ken Griffin, the founder of hedge fund Citadel, and to major…
Portuguese banks shutting crypto accounts citing risk management concerns
Several large banks in Portugal have reportedly begun closing the accounts of cryptocurrency exchanges due to “risk management” concerns, suggesting a shift in Portugal’s pro-crypto position. The country’s central bank appears to have given the financial institutions the green light to take action. Several of Portugal’s top banks recently closed the accounts of CriptoLoja, the country’s first cryptocurrency exchange to…
WisdomTree exec on ‘be your own bank’
While some experts believe that self custody is one of the genuine purposes of crypto, such a way of storing coins is not really suitable for everyone, according to a WisdomTree executive. Will Peck, head of digital assets at New York-based asset manager WisdomTree, believes that self-custody will be a growing trend in the future, but custodial solutions should not…
CME Group plans to launch euro-denominated Bitcoin and Ether futures
Major derivatives marketplace Chicago Mercantile Exchange Group aims to launch trading for Bitcoin euro and Ether euro futures contracts starting on Aug. 29. In a Thursday announcement, CME Group said that subject to regulatory review, it plans to launch contracts for euro-denominated Bitcoin (BTC) and Ether (ETH) futures that will be sized at 5 BTC and 50 ETH per contract.…
UK parliamentary group calls for submissions in new crypto asset inquiry
The United Kingdom Crypto and Digital Assets All Party Parliamentary Group (APPG) announced Thursday its upcoming inquiry on the country’s crypto and digital asset sector. The announcement included details of the group’s plans and how interested parties can participate. According to the statement, the inquiry will highlight various areas of engagement with crypto and digital asset space. This includes the U.K.’s…
BNB Hits 2-Month High, ETC Extends Recent Declines – Market Updates Bitcoin News
After extending recent gains, bnb rose to its highest point in two months during today’s trading session. The move comes following tweets from Binance CEO Changpeng Zhao, confirming a new partnership with Swiss watchmaker Franck Muller. Ethereum classic, on the other hand, was lower for a second straight session. Binance Coin (BNB) BNB, the native token of the Binance ecosystem,…
Bringing more women into the Metaverse
Interest in the Metaverse is growing rapidly and fashion brands across the globe are taking note. A new report from the technology research and advisory firm Technavio found that the Metaverse will hit a market value of $50.37 billion by 2026. Findings from Technavio further show that the Metaverse in fashion market share is expected to increase by $6.61 billion…