Category: Bitcoin

Traders are showing a renewed sense of hope after Bitcoin (BTC) price held onto the $32,000 range for what could be the second day in a row.  Data from Cointelegraph Markets Pro and TradingView shows that bulls have managed to regroup at the $32,000 level where Bitcoin has hovered throughout the day but traders a

A new study by the Washington, DC-based analytics company Gallup reveals that Bitcoin is rapidly becoming a mainstream choice for young investors. The research is drawn from the second-quarter Gallup Investor Optimism Index survey, which was conducted in June.   According to the data, Bitcoin ownership has taken off in the US in the past

This Friday’s weekly Bitcoin (BTC) options expiry currently holds a $330 million open interest. Considering the recent struggle to regain the $32,000 support, this event is an important test of bulls’ willingness to display reversion signs. On July 21, Alameda Research announced that the company made Bitcoin purchases below $30,000, and Sam Trabucco, the firm’s

Investment management firm ARK Invest is adding additional exposure to Bitcoin through the Grayscale Bitcoin Trust. A new update of ARK Invest’s latest purchases shows that the investment management company, headed by Cathie Wood, bought 140,157 shares of Grayscale Bitcoin Trust (GBTC) on July 20th.   A day earlier, ARK Invest bought 310,067 GBTC shares,

After having been hailed as a champion of sorts by many within the global digital asset market, Tesla CEO Elon Musk dropped a bombshell on the crypto community earlier in May, backtracking the company’s decision to start accepting Bitcoin (BTC) as a means of payment for various automotive sales. The reason cited was that Bitcoin

Gift cards are an exceedingly popular type of present — especially considering as online shopping continues to overtake brick-and-mortar retailers. They also proved especially popular during the coronavirus pandemic as cash use experienced a massive decline. But how much do you know about gift cards? Put your knowledge to the test in this special quiz

NatWest, a major United Kingdom-based retail and commercial bank, has blocked all credit and debit card payments to crypto exchange Binance until further notice, the bank confirmed to Cointelegraph on Thursday. “All credit and debit card transactions to Binance have been blocked. We have been limiting payments to Binance for a number of weeks,” a

Crypto exchange FTX is now worth $18 billion after closing $900 million in a Series B funding round. Over 60 investors participated in the funding round, including Sequoia Capital, Coinbase Ventures, and the Paul Tudor Jones family. It is the first large funding round for FTX, a two-year-old company.   FTX says that the newly

Anish Saxena, a New Delhi-based automobile dealer, made “incredible” profits by investing in cryptocurrencies in 2020, just as his business took a hit from the coronavirus pandemic-induced lockdown. “I had known about Bitcoin and Ethereum and dozens of other assets for years,” the 33-year old businessman said. “But I only got to invest in them

Three Arrows Capital CEO Su Zhu has announced the launch of decentralized finance (DeFi) protocol Tranchess. Tweeting on Thursday, Zhu described Tranchess as a “Tokenized Asset Management and Derivatives Trading” protocol. While the project aims to become a multi-chain and multi-asset DeFi protocol, with designs on becoming a decentralized autonomous organization, the first iteration of