Bitcoin (BTC) cooled volatility above $17,000 into the Dec. 5 Wall Street open as traders confirmed upside targets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin traders warm to near-term upside Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it held overnight gains, having hit three-week highs. The weekly close itself was encouraging for some, forming Bitcoin’s highest…
Month: December 2022
Former IRS Agents at Binance Seek to Keep Crypto Crime-Free
Where do you go to find the world’s top crypto investigators? After an ambitious hiring spree, Binance may be able to claim the title. The crypto exchange is now home to two former IRS agents—Matthew Price and Tigran Gambaryan–with years of experience chasing multi-billion crypto criminals, both on-chain and off-chain. Price and Gambaryan joined Binance shortly after the exchange added…
Bitcoin Nonprofit Opens Tech Center In Ghana – Bitcoin Magazine
The Built With Bitcoin Foundation (BWB) has opened a new Bitcoin Technology Center in Ejisu, Ghana, a city in Greater Kumasi, as a legacy for the inaugural Africa Bitcoin Conference. The center will be run by Ghanaians, for Ghanaians, according to a press release sent to Bitcoin Magazine. BWB Founders Ray Youssef and Yusuf Nessary plan to reveal the campus…
BTC Races to 3-Week High on Monday – Market Updates Bitcoin News
Bitcoin was trading above $17,000 on Monday, as the world’s largest cryptocurrency raced to a three-week high. Today’s move comes as prices rose for a second straight day, with momentum now firmly bullish. Ethereum was also in the green to start the week, with the coin hovering near the $1,300 mark. Bitcoin Bitcoin (BTC) surged to a three-week high on…
Litecoin eyes $100 after ‘rare’ LTC price breakout
Litecoin (LTC) could rise another 20% amid a rare trend reversal breakout that has already resulted in LTC outperforming most crypto assets in recent days. LTC’s not-so-bearish symmetrical triangle LTC’s price broke out of what earlier appeared to be a bearish symmetrical triangle. Symmetrical triangles are trend continuation patterns, meaning breaking out of their range typically prompts the price to…
Spanish Soccer League Laliga Will Certify Goal Scoring Balls Using Blockchain Tech – Blockchain Bitcoin News
Laliga, the premier Spanish soccer league, has announced the implementation of a new system that will use blockchain for tracking soccer balls that were used to score a goal. The system, which will be provided by Gol-Ball, a third-party company, will certify these balls to allow users to purchase them through official markets or raffles. Spanish Laliga to Use Blockchain…
Swingby Partners With Chainlink To Secure Bitcoin Bridge – Press release Bitcoin News
press release PRESS RELEASE. Swingby has recently announced a newly established partnership with Chainlink for Proof of Reserve. The recently publicized partnership is aimed to help secure the Swingby Skybridge which connects the Bitcoin blockchain, enabling the introduction of BTC into the Ethereum network. Swingby Develops A More Advanced And Secure BTC Bridge Swingby is a BTC bridge ecosystem with…
SEBA Bank partners with HashKey for institutional crypto adoption
With the crypto winter slowing down developments within the space, two digital asset-focused firms will work together to speed up digital asset adoption for institutions. In an announcement sent to Cointelegraph, crypto-focused company SEBA Bank said that it formed a partnership with the financial services firm HashKey Group to accelerate the institutional adoption of digital assets in Hong Kong and…
Nigerian Finance Bill Has Provisions Allowing Govt to Tax Crypto Transactions – Taxes Bitcoin News
A Nigerian finance bill, which seeks to amend the country’s various tax statutes, contains provisions which allow the government to tax cryptocurrency and other digital asset transactions, a report has said. Nigeria is reportedly seeking to join six other countries, including two from Africa, which already levy taxes on digital asset transactions. Extracting More Revenue From E-Commerce Transactions According to…
Crypto layoffs trigger mixed responses from the community
As more crypto companies have cut off their staff to weather the effects of the bear market, crypto community members have posted various reactions from giving encouragement to trying to hire the professionals that were recently let go. Just over the weekend, two prominent crypto exchanges announced layoffs as the effects of the crypto winter continue to be felt. Bybit…