Bitcoin (BTC) may see more pain in the near future, but the bulk of the bear market is already “likely” behind it. That is one of many conclusions from Philip Swift, the popular on-chain analyst whose data resource, LookIntoBitcoin, tracks many of the best-known Bitcoin market indicators. Swift, who together with analyst Filbfilb is also a co-founder of trading suite…
Month: October 2022
XRP, ATOM Rebound From Recent Declines – Market Updates Bitcoin News
Xrp rebounded from recent drops in price on Friday, as the token surged by nearly 10% in today’s session. Cosmos was another notable gainer, as it snapped a four-day losing streak. Overall, cryptocurrency markets were mostly higher, with the global market cap up nearly 5% as of writing. XRP was one of today’s big gainers, as prices of the token…
No Big Deal: ZEBEDEE Contributes to Bitcoin Lightning Network Open Source Development
ZEBEDEE, a crypto startup focused on payment solutions using the speedy Lightning Network, has launched a new initiative to contribute open-source code and products to the layer-2 protocol built on top of Bitcoin. Dubbed No Big Deal (NBD), the new not-for-profit project has already resulted in several products and code repositories available to anyone willing to build on the Lightning…
Bitfinex ‘Pleased’ With Law Firm Roche Freedman’s Removal From Class Action
“We are pleased with the court’s thorough and well-reasoned decision to remove Roche Freedman LLP as interim class counsel,” a Bitfinex spokesperson told Decrypt in an email. “Roche Freedman’s repeated attempts to trivialize and separate itself from Kyle Roche’s despicable statements describing unethical conduct were not the least bit persuasive.” The firm was one of several representing the plaintiffs in the…
ZEBEDEE Launches NBD, Non-Profit For Open Source Bitcoin Development – Bitcoin Magazine
ZEBEDEE, a bitcoin gaming company, has announced No Big Deal (NDB), a non-profit dedicated to furthering open source development for Bitcoin and the Lightning Network, per a release sent to Bitcoin Magazine. “NBD does not sell anything, it does not offer services, it does not support products,” said Andre Neves, co-founder and CTO of ZEBEDEE. “It just writes code and…
Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure Jobs – News Bitcoin News
The art museum in the Eastern Ukrainian city of Kharkiv has partnered with cryptocurrency exchange Binance to offer non-fungible tokens (NFTs) of some of its most valuable artworks. Proceeds from the auction will be used to restore the museum’s activities and support its staff. Ukrainian Museum to Sell 15 Works of Art as Digital Collectibles on Binance NFT The NFT…
Smart contract-enabled insurance holds promise, but can it be scaled?
A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditional insurance carriers. Millions of poor farmers in Africa and Asia will be eligible for coverages like crop insurance too, whereas before, they were too poor and too dispersed to justify the cost of underwriting. That…
Optimistic outlook for BTC amid shaky economic times
It may not have been Tulip season in the Netherlands, but there was a palpable buzz at the picturesque Westerpark, which played host to the Bitcoin Amsterdam 2022 conference. Prominent speakers from all corners of the Bitcoin (BTC) ecosystem drew in a healthy number of attendees across the two days of the program, exploring wide-ranging topics, challenges and successes as…
Finder’s Experts Expect XRP to Spike to $3.81 by 2025 if Ripple Wins SEC Lawsuit – Markets and Prices Bitcoin News
Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit by the end of 2025 if Ripple Labs wins the lawsuit against the U.S. Securities and…
To HODL or have kids? The IVF Bitcoin Babies paid for with BTC profits
Hold Bitcoin till the very end or sell a little bit to start a family? For one Bitcoiner in Northwest London, it was a no-brainer. Noodle, (a nickname) a Brit who first heard about Bitcoin around 2012, took profits on his Bitcoin buys to pay for in vitro fertilization (IVF) treatment for his wife. He told Cointelegraph he has “no…