Iran's Trade ministry has approved the use of cryptocurrency payments for imports in a bid to bolster trade in the country.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
Frida Kahlo art finds permanent home in the metaverse
Art, artifacts and untold family stories from the world-renowned Mexican painter Frida Kahlo are being digitized and uploaded to the metaverse.
Binance Aus ramping up measures to protect vulnerable users, says CEO
The general type of people Binance Australia has flagged as vulnerable users are the elderly, people that live in remote areas, or those with disabilities.
Ethereum scaling network Arbitrum set for major upgrade on Aug. 31
The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years.
Ethereum scaling network Arbitrum set for major upgrade on Aug. 31
The Nitro upgrade will further improve the transaction fee crisis that has plagued the growth of the Ethereum network over the last two years.
'Most of crypto is still junk' and lacks use case — JPMorgan blockchain head
JPMorgan’s Umar Farooq said that use cases haven't arisen fully and regulation hasn't yet caught up.
Argentina's Mendoza province now accepting crypto for taxes and fees
The New Mendoza Tax Administration crypto payment service turned on as of Aug. 24.
Argentina's Mendoza province now accepting crypto for taxes and fees
The New Mendoza Tax Administration crypto payment service turned on as of Aug. 24.
Ripple counsel: SEC's shakedowns leave consumers holding the bag
The response comes as Ripple Labs and other critics believe the SEC has overstepped its mark on the enforcement of the crypto space.
FBI issues alert over cybercriminal exploits targeting DeFi
Smart contracts governing DeFi platforms identified as a particular cause for concern for the enforcement agency.
Lawyer Roche alleges statements he made about Ava Labs are false, the result of intoxication
He claims that the recordings were a setup by a third party to discredit the lawyer and his firm, but the “whistleblowing” website is standing by its story.
Central African Republic court says new $60,000 citizenship by crypto investment program is unconstitutional
The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country.
Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29
ASIC prepares to put crypto and DeFi firmly in its sights. Australia’s Northern Territory Racing Commission is preparing to adopt cryptocurrencies in gambling
South Korean central bank eyes MiCA, says future regulations may allow ICOs again
A Korean translation of the EU regulatory framework gave the Bank of Korea food for thought, and it shared its views on ICOs, stablecoins and protecting innovation.
Price analysis 8/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
The United States equities markets are attempting to stabilize after the carnage on Aug. 26. On similar lines, Bitcoin (BTC) is also witnessing a see-saw battle near the psychological level of $20,000 with both the bulls and the bears vying for supremacy.
Although several analysts are bearish on Bitcoin in the near term, it has not stopped the whales from accumulating at lower levels. Data from on-chain research firm Santiment shows that the number of whale addresses holding between 100 to 10,000 Bitcoin has risen by 103 in the past 30 days.
Daily cryptocurrency market performance. Source: Coin360In bear markets, rumors spread fast and could result in quick declines, but many times, the fears are unfounded. Mt. Gox creditors confirmed on Twitter that the rumor of a 137,000 Bitcoin dump spread on social media was false. The creditors said that the infrastructure needed to start the repayment was still not there in place.
Could Bitcoin and major altcoins sustain the rebound? Let’s study the charts of the top-10 cryptocurrencies to find out.
BTC/USDT
Bitcoin closed below the psychological level of $20,000 on Aug. 28 but the bears could not build upon their advantage. Buyers have pushed the price back above $20,000 on Aug. 29, which shows strong demand at lower levels.
Price analysis 8/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
Bitcoin bulls are fighting to hold the $20,000 level and several altcoins have seized upon the range-bound trading by rallying up to 10%.
Price analysis 8/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
Bitcoin bulls are fighting to hold the $20,000 level and several altcoins have seized upon the range-bound trading by rallying up to 10%.
NFTs Gaming CEO apologizes for losing 12% of startup capital through crypto trading
0xfanfaron has vouched to personally compensate the firm's treasury for all trading losses.
Bitcoin reaches 'short squeeze' trigger zone as BTC price nears $20.4K
Those betting on further downside begin to see setbacks as Bitcoin starts the Wall Street trading week with a spike higher.
Bitcoin reaches 'short squeeze' trigger zone as BTC price nears $20.4K
Bitcoin (BTC) regained some lost ground at the Aug. 29 Wall Street open amid talk of an imminent short squeeze.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewShorts lose out in modest squeeze higher for BTC
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to near $20,400 on Bitstamp as United States equities began trading.
The move signaled welcome relief for hodlers, who had looked on as the pair dove increasingly below $20,000 during the weekend.
Now, with the market “aggressively short positioned,” conditions appeared to favor a further relief bounce to burn those nursing short trades.
“You know what is next,” popular Twitter account Il Capo of Crypto warned, reinforcing his belief that the bounce would be followed by a deeper retracement.
