What is a Bitcoin flash crash? A Bitcoin flash crash is a sudden, sharp plunge in the market price of BTC that only lasts a short period of time before prices start to normalize. The appearance of unique market conditions causes a jolt in the leading cryptocurrency’s market price. Typically, the reason behind a flash […]
Key points: Bitcoin is witnessing a tussle between buy and sell volume as BTC/USD hits its highest levels since the start of March. BTC price action is making traders increasingly wary due to the pace of recent gains. $100,000 is likely to remain out of reach for the short term, multiple commentators say. Bitcoin (BTC) […]
With bitcoin gliding above the $94,000 mark, long-slumbering hoards have begun to stir with growing regularity. On Friday, 12 distinct legacy wallets—dormant for nine years and five months—dispatched 1,200 BTC, their inaugural move since creation. 1,200 Sleeping Bitcoins From 2015 Wallets Migrated Into New Structures Bitcoin.com News chronicled the revival of inactive coins two days […]
An official of the Swiss National Bank dismissed calls for the institution to add Bitcoin to its reserves as a hedge against the ongoing macroeconomic turmoil. According to an April 25 Reuters report, Swiss National Bank Chairman Martin Schlegel said that “cryptocurrency cannot currently fulfil the requirements for our currency reserves” during a shareholder meeting […]
An official of the Swiss National Bank dismissed calls for the institution to add Bitcoin to its reserves as a hedge against the ongoing macroeconomic turmoil. According to an April 25 Reuters report, Swiss National Bank Chairman Martin Schlegel said that “cryptocurrency cannot currently fulfil the requirements for our currency reserves” during a shareholder meeting […]
Decentralized AI startup Nous Research has raised $50 million in a Series A round led by crypto venture giant Paradigm, marking one of the largest investments at the intersection of blockchain and artificial intelligence to date. According to an April 25 report from Fortune, the funding round values Nous at a $1 billion token valuation. […]
The crypto industry is bracing for a significant shift in regulatory tone following Paul Atkins’ swearing-in as chair of the US Securities and Exchange Commission on April 21. A former SEC commissioner with deep roots in deregulatory philosophy, Atkins replaces Gary Gensler, whose combative stance toward crypto defined much of the agency’s recent legacy. In […]
Bitcoin ETFs saw another day of strong inflows, drawing in $442 million as Blackrock’s IBIT continued to lead the pack. Ether ETFs also broke their short-lived slump with a $63.49 million net inflow, led by Blackrock and Grayscale. Bitcoin ETFs Extend Winning Streak as Ether ETFs Rebound With $63 Million Boost The flow of capital […]
As the Russian government is considering a ban on cash-to-cryptocurrency transactions, some major local crypto exchange platforms have encountered police raids. Mosca, a crypto-to-cash exchange located in the Moscow International Business Center, was raided on April 23 in connection with fraud by one of its customers, Dmitry Titarenko, Mosca’s development head, confirmed to Cointelegraph. “Law […]
As the Russian government is considering a ban on cash-to-cryptocurrency transactions, some major local crypto exchange platforms have encountered police raids. Mosca, a crypto-to-cash exchange located in the Moscow International Business Center, was raided on April 23 in connection with fraud by one of its customers, Dmitry Titarenko, Mosca’s development head, confirmed to Cointelegraph. “Law […]
Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency. On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging in crypto and stablecoin activities. The withdrawal spurred a notable […]
Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency. On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging in crypto and stablecoin activities. The withdrawal spurred a notable […]
