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BTC price heading under $30K? 5 things to know in Bitcoin this week

Bitcoin faces a battle for key BTC price support to start the week, while market participants stay optimistic about trend continuation.

BTC price heading under $30K? 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week under $30,000 as analysts’ predictions of a short-term support retest come true.

The largest cryptocurrency saw a classic dive following its latest weekly close as the latest gains evaporated, but will they return?

Ahead of a fairly innocuous week for macro data releases, catalysts are likely to come elsewhere as BTC price action decides on a key support zone.

Much is at stake for traders, as the week prior offered the opportunity to reinvestigate altcoins as Bitcoin itself cooled its upside. With a retracement now in effect, attention will be on whether those altcoins can hold at their own higher levels.

Under the hood, it appears to be business as usual for Bitcoin, with network fundamentals already at or near all-time highs, showing no definitive signs of a comedown this week.

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US crypto exchange Bittrex faces potential action from SEC: Report

Bittrex already started winding down operations by the time it received a notice on potential action from the SEC, the general counsel said.

US crypto exchange Bittrex faces potential action from SEC: Report

Bittrex had already started winding down operations by the time it received a notice of potential action from the SEC, the general counsel said.

Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote

A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority.

Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote

A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority.

Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH

Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10%.

Blockchains need an interoperable standard to evolve, say crypto execs

Blockchain technology needs a benchmark communications standard that can be easily integrated by every network in order for a complete transition from Web2 to Web3 to occur, industry commentators say.

Many expect there will be multiple blockchains and such an ecosystem requires communication protocols similar to the Transmission Control Protocol/Internet Protocol (TCP/IP) used on the internet.

Ryan Lovell, director of capital markets at crypto price oracle solutions firm Chainlink Labs told Cointelegraph that blockchains without interoperability are like what computers are without the internet — isolated machines which cannot transfer data and value across networks.

“To realize a fully interoperable blockchain ecosystem at scale, there needs to be an open communication standard analogous to the TCP/IP, which currently serves as the internet's defacto connection protocol.”

Lovell believed a similar standard for blockchain networks would “pave the way for a seamless, internet-like experience” for the platform and their applications.

Blockchains need an interoperable standard to evolve, say crypto execs

Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says.

Blockchain Association files further FOIA requests over banking closures

The crypto advocacy group wants clarity on recent regulatory action against digital asset-friendly banks.

Rep. Davidson to introduce legislation to fire SEC boss Gensler for crypto overreach

A U.S. Representative has declared he will introduce legislation to have SEC boss Gary Gensler removed from his role.

Rep. Davidson to introduce legislation to fire SEC boss Gensler for crypto overreach

A U.S. Representative has declared he will introduce legislation to have SEC boss Gary Gensler removed from his role.

Bitcoin, Ether are ‘like gold’ says Cathie Wood, but Ray Dalio is skeptical

Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty.

Bitcoin, Ether are ‘like gold’ says Cathie Wood, but Ray Dalio is skeptical

Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty.

Bitcoin, Ether are ‘like gold’ says Cathie Wood, but Ray Dalio is skeptical

Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty.

5 tips for landing a tech job

Check out these five tips for landing a tech job, including building your skills, networking, customizing your resume and more.

Circle exec to join US Congressional committee hearing on stablecoin payments, legislation

The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.”

Sotheby’s relaunches Glitch digital art sale, newbie strikes it rich uncovering $49K NFT and more

After taking diversity concerns into account, Sotheby’s has revamped its Glitch digital art sale. Meanwhile, a newcomer to the online game Illuvium: Beyond has struck gold by discovering the rarest Illuvitar yet.

Sotheby’s relaunches Glitch digital art sale, newbie strikes it rich uncovering $49K NFT and more

After taking diversity concerns into account, Sotheby’s has revamped its Glitch digital art sale. Meanwhile, a newcomer to the online game Illuvium: Beyond has struck gold by discovering the rarest Illuvitar yet.

FTX victims' lawyers struggle to serve Shaq

The Moskowitz law firm has been standing outside NBA superstar Shaquille O'Neal's studio all week to "hand deliver" their legal complaint with no success, according to a recent statement.

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