The university reluctantly paid €200,000 in Bitcoin in December 2019 to avoid losing critical research data and resources.
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Crypto investor Sequoia Capital China reportedly raises $9 billion
Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June.
Crypto investor Sequoia Capital China reportedly raises $9 billion
Sequoia China is known for backing many crypto firms, including the troubled crypto lender Babel Finance, which halted withdrawals in mid-June.
ARK Invest 'neutral to positive' on Bitcoin price as analysts await capitulation
ARK argues that bearish continuation has limited room left to run, as on-chain indicators bottom out.
ARK Invest 'neutral to positive' on Bitcoin price as analysts await capitulation
Bitcoin (BTC) has a “neutral to positive” outlook despite staying below $20,000, according to ARK Investment Management.
In its latest "Bitcoin Monthly" report, the American asset management giant flagged signs that BTC price action is close to bottoming.
Wood: "We're waiting for more capitulation signals"
One of Bitcoin’s most vocal supporters, ARK and CEO, Cathie Wood, have stuck with BTC exposure as the market continues to fall from all-time highs.
The latest Bitcoin Monthly release confirms that conviction, with Wood, analysts and research associate David Puell suggesting that little ground remains to be covered before BTC/USD reverses.
“Down 70% from its all-time high, bitcoin is trading at or below some of its most important levels: its 200-week moving average, the general cost basis of the market (realized price), the cost bases of long-term (LTH) and short-term holders (STH), and its 2017 peak,” the report reads.
MiCa, AMLA and EU’s 'wild west' problem: Law Decoded, June 27-July 4
The Markets in Crypto-Assets passed the Tripartite negotiations, while the European Union anticipates a new body for AML regulation.
Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs.
Crypto community eyeing three macro events to tip crypto scales in July
The crypto community is looking into three key dates this month that could profoundly impact the trajectory of the crypto market and the wider United States macroeconomic environment this year.
On July 13, the monthly Consumer Price Index (CPI) and data relating to inflation will be released to the public. On July 26-27, a decision will be made as to whether to hike interest rates further, while on July 28, the United States Q2 2022 Gross Domestic Product (GDP) estimates will tell us whether the country is in a technical recession.
July 13: Inflation marker, CPI
Micahel van de Poppe, CEO and founder of crypto consultancy and educational platform EightGlobal, told his 614,300 Twitter followers on July 4 that it’s “all eyes on the CPI data next week,” adding bullish forecasts for Bitcoin should it flip above its $20,000 price point.
Co-founder of The Crypto Academy, known on Twitter as 'Wolves of Crypto', told his followers to keep an eye out for the date, adding that CPI going lower than expected “could be the catalyst for a dead cat bounce” for Bitcoin.
“All eyes on CPI numbers on July 13th. If CPI comes in lower, that will be the catalyst for a dead cat bounce.”
Crypto community eyeing three macro events to tip crypto scales in July
Despite the gloomy macro forecasts, some of crypto’s leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry.
Indian crypto trading volumes slump following hefty taxes
Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to plummet.
Institutional investors shorting Bitcoin made up 80% of weekly inflows
Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million.
ECB officials prepare for 'harmonization' of crypto regulations: Report
Regulators from 19 EU member states will reportedly attend a supervisory board meeting in July to discuss MiCA and its possible implementation.
Singapore's financial watchdog considers further restrictions on crypto
The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage for crypto transactions.
Price analysis 7/4: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB
Bitcoin and altcoins have held their immediate support levels, suggesting the start of a relief rally in the short term.
Price analysis 7/4: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB
Bitcoin and altcoins have held their immediate support levels, suggesting the start of a relief rally in the short term.
Price analysis 7/4: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB
Bitcoin and altcoins have held their immediate support levels, suggesting the start of a relief rally in the short term.
Bitcoin price spikes to $20K as whale bought BTC confirms support
Bitcoin bounces to five-day highs while Ethereum rises above the $1,100 mark.
Bitcoin price spikes to $20K as whale bought BTC confirms support
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Market Update
Bitcoin (BTC) rose to clip $20,000 for the first time in five days on July 4 as the Independence Day holiday brought some unexpected gains.
BTC/USD 1-hour candle chart. Source: Tradingview.comData from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $20,085 on the day, its best performance since June 30.
The pair had spent most of the holiday weekend at around $19,000, but the absence of Wall Street trading ultimately proved no obstacle for bulls.
Multichain adds Rootstock to its blockchain bridge ecosystem
The RSK sidechain is the first Bitcoin-based sidechain to be incorporated into Multichain.
Multichain adds Rootstock to its blockchain bridge ecosystem
The RSK sidechain is the first Bitcoin-based sidechain to be incorporated into Multichain.