Bitcoin’s price has been on a rollercoaster ride recently, experiencing wild fluctuations in response to various events. The cryptocurrency surged from $58,000 to $65,000 after an attempted assassination against Donald Trump, only to drop by three grand shortly after. Following a brief surge again to $66,000, Bitcoin plummeted to $63,500 before making another jump to
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The recent acquisition of KnownOrigin by eBay resulted in the abrupt closure of the digital art marketplace, leaving many in the community surprised. In just two short years, KnownOrigin has ceased operations, citing shifts in the NFT market as the primary reason for shutting down. This closure has raised concerns about the longevity and safety
Kraken, a leading crypto exchange, has recently announced a groundbreaking partnership with Tottenham Hotspur, one of England’s most iconic football clubs. This collaboration is set to elevate the fan experience for both Tottenham Hotspur’s men’s and women’s teams in the upcoming 2024/2025 football season. By becoming the official sleeve partner for the club, Kraken aims
The looming possibility of a second Trump presidency has sparked both excitement and concern within the crypto industry. While many are hopeful for a more crypto-friendly regulatory environment under Trump, there are apprehensions about the future of overseas crypto firms. According to reports, foreign exchanges like Binance, OKX, and Deribit may face challenges in their
The ever-changing landscape of the cryptocurrency market has led to a surge in optimism surrounding the future price of Bitcoin. Experts such as Andrew Kang from Mechanism Capital believe that Bitcoin could potentially reach a price level of over $1 million in the mid-term. Despite facing some market structure challenges in the past, Bitcoin is
Over the past seven days, the cryptocurrency market has seen significant growth, with the total capitalization reaching $2.55 trillion, an increase of over $150 billion. While Bitcoin was not the top performer, it still made waves with an impressive surge of 11% during this period. Since July 14th, Bitcoin has been on a mostly upward
Semilore Faleti is a prominent figure in the cryptocurrency writing industry, with a specialization in journalism and content creation. His journey in the field began with writing on various subjects, but he soon discovered his passion for delving into the complexities of blockchain and cryptocurrency. Semilore’s expertise lies in the efficient storage and transfer of
Semilore Faleti is a renowned cryptocurrency writer with a specialization in journalism and content creation. His journey in the world of writing began with exploring various subjects, but it was the complexities of blockchains and cryptocurrency that truly captivated him. His fascination lies in the efficiency of digital assets for storing and transferring value, leading
The recent surge in the price of Bitcoin has caught the attention of many investors and analysts. Despite the fear, uncertainty, and doubt surrounding Mt. Gox’s customer repayment, Bitcoin has been trading between the $61,000 and $67,000 zone in the past week. This positive momentum has led experts at QCP Capital to suggest that Bitcoin
In a recent development in Hong Kong, three individuals were arrested by the police on suspicion of defrauding a businessman out of HK$3.11 million in crypto assets. The fraudulent scheme involved offering the victim three bundles of counterfeit HK$1,000 banknotes. During a raid on the Mong Kok office where the transaction took place, the officers
State Street Corp., a well-established financial institution based in Boston, has been making significant strides in the world of blockchain technology. One of their initiatives includes exploring the launch of their stablecoin and tokenized deposits to enhance payment settlement processes. This move is in line with their efforts to integrate into the crypto space and
Kraken Institutional, the specialized division catering to institutional investors of US-based crypto exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This move marks its first venture following its initial launch earlier this year. According to the official press release, institutional clients in the UK and Australia can
In a recent analysis, renowned crypto analyst Scott Melker, also known as “The Wolf Of All Streets,” has expressed a strong bullish outlook for Bitcoin (BTC). Melker, with a substantial following of 958,300 on X (formerly Twitter), believes that Bitcoin is poised to reach a fresh all-time high of $100,000. Despite the current price of
In the past week, the price of bitcoin (BTC) has shown signs of a significant rally, indicating that the crypto asset may have hit a bottom. After a period of losses, bitcoin has managed to climb back up to $67,000, although it is currently trading at around $64,000. This recovery comes as on-chain metrics point