Category: Bitcoin

Bitcoin (BTC) price has recovered from its recent $37,500 low and the digital asset’s run back toward the $40,000 mark spurred bullish activity from many altcoins.  Data from Cointelegraph Markets Pro and TradingView shows that the top gainers over the past 24-hours are XYO Network (XYO), Saffron Finance (SFI) and Quant (QNT). Top 7 coins

Crypto mining giant Marathon Digital is primed to become one of the largest Bitcoin miners in the world after inking a multi-million-dollar deal. In a new press release, the Nevada-based mining giant, which trades on the Nasdaq under the ticker symbol MARA, says it will purchase 30,000 units of the Antminer S19j Pro model at

Federal authorities in Russia are moving forward with a plan to closely monitor cryptocurrency activity for illicit transactions and deanonymize crypto users’ identities. The Russian Federal Financial Monitoring Service (Rosfinmonitoring) has selected a contractor for developing a platform for tracking cryptocurrency activity. According to data from Russia’s state procurement website, the country will allocate 14.7

A recent run-down in the United States Dollar Index (DXY) stopped midway as investors awaited U.S. job data for a guide on the viewpoint for interest rates. Meanwhile, Bitcoin (BTC) moved inversely to the greenback. The DXY rose to its intraday high of 92.195 on Wednesday, up 0.45% from its Friday low of 91.782. The

Bitcoin (BTC) hit 24-hour highs later on Wednesday as fresh comments from the United States regulatory sphere boosted flagging price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Gensler bullish on Bitcoin’s “potential” Data from Cointelegraph Markets Pro and TradingView confirmed local highs above $39,000 on Bitstamp, with BTC/USD jumping more than 2% in an hour.

The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler says crypto investors need to be protected from fraud and is encouraging more legislative oversight over the nascent digital asset space. Gensler, who taught a course titled “Blockchain and Money” at the Massachusetts Institute of Technology, says that he is “not neutral” with regard to

Amid the chorus of stringent crypto regulations among several United States leaders, proponents such as Galaxy Digital CEO Mike Novogratz look to counter anti-cryptocurrency sentiments circulating in Washington. Tweeting on Tuesday, Novogratz described crypto as the “future of our financial systems” while adding politicians and regulators ought to do their homework before devising policies to

Popular on-chain analyst Willy Woo says the largest Bitcoin whales are disappearing as a massive distribution phase is underway. In a new interview with crypto analyst Tone Vays, Woo says that humpback whales, or entities holding 10,000 Bitcoin or more, are facing extreme extinction as they have been distributing their large BTC troves since 2012.

Marc Andreessen, co-founder and general partner at venture capital firm Andreessen Horowitz (also known as a16z), made a case for crypto and blockchain as the most significant new architecture change in the tech industry. In a Bloomberg Wealth interview with David Rubenstein, Andreessen reframed the terms of the debate and shifted away from the talk

Alex Mashinsky, CEO of crypto lending platform Celsius, says he’s standing by his prediction of Bitcoin ending 2021 somewhere in the $140,000-$160,000 range. In a new interview with Yahoo Finance, Mashinsky says he sees Bitcoin’s main purpose as being a store of value, rather than another specific utility.   “[Bitcoin’s] main purpose is a store