Bitcoin bounces to five-day highs while Ethereum rises above the $1,100 mark.
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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.
Multichain adds Rootstock to its blockchain bridge ecosystem
The RSK sidechain is the first Bitcoin-based sidechain to be incorporated into Multichain.
Does the Metaverse need blockchain to ensure widespread adoption?
While not absolutely necessary, omitting it would be misguided. “The Metaverse without blockchains would likely just advance the ball for Big Tech.”
The UK 'Bitcoin Adventure' shows BTC is a family affair
A family-friendly day out in South West U.K. got the kids, adults and grandparents on their feet, learning about magic internet money and dancing to Bitcoin tunes.
Hodlers and whales: Who owns the most Bitcoin in 2022?
While the Bitcoin blockchain is public, knowing who owns the most Bitcoin in 2022 isn’t as simple as it should be. Here’s what we know.
CoinShares acquires French crypto asset manager Napoleon AM
CoinShares previously agreed to acquire the entire issued share capital in Napoleon Crypto SAS for $14.5 million in November 2021.
CoinShares acquires French crypto asset manager Napoleon AM
CoinShares previously agreed to acquire the entire issued share capital in Napoleon Crypto SAS for $14.5 million in November 2021.
Peter Schiff's bank closure strengthens Bitcoin case for financial freedom
Puerto Rico regulators closed down Schiff’s bank for not maintaining the net minimum capital requirements. As a result, customers lost access to their accounts following a subsequent freeze.
Keys lost in the Vauld: Singapore crypto exchange freezes withdrawals
Not your keys, not your coins. Crypto CeFi lender Vauld has suspended "all withdrawals, trading and deposits."
'Wild ride' lower for BTC? 5 things to know in Bitcoin this week
The holiday weekend is making everyone nervous as BTC price action hovers at $19,000.
‘Wild ride’ lower for BTC? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week still in holiday mode with United States financial markets off for Independence Day.
The largest cryptocurrency, stuck below the increasingly daunting $20,000 mark, continues to feel the pressure from the macro environment as talk of lower levels remains omnipresent.
After a quiet weekend, hodlers find themselves stuck in a narrow range while the prospect of a breakout to the upside appears increasingly hard to believe.
As one trader and analyst singles out July 4 as the site of a “wild run to the downside” for crypto markets, the countdown is on for Bitcoin to weather the aftermath of the latest Federal Reserve rate hike.
What else could the coming week have in store? Cointelegraph takes a look at the potential market-moving factors for the days ahead.
Haters to unite at the first conference for crypto skeptics
The anti-crypto conference hopes attendees will get a chance to speak face-to-face with government officials to share their skepticism about the industry.
USD stablecoin premiums surge in Argentina following economy minister's resignation
Argentina, a country with one of the highest crypto adoption rates in the world, saw the price of dollar-pegged stablecoins surge across exchanges on Saturday after the abrupt resignation of its Economy Minister, Martin Guzman.
The minister’s shock exit, confirmed on his Twitter account on July 3 via a seven-page letter, threatens to further destabilize a struggling economy battling high inflation and a depreciating national currency.
According to data from Criptoya, the cost of buying Tether (USDT) using Argentinian pesos (ARS) is currently 271.4 ARS through the Binance exchange, which is around a 12% premium from before the resignation announcement, and a 116.25% premium compared to the current fiat exchange rate of USD/ARS.
The local crypto price tracking website has also revealed a similar jump in other USD-pegged stablecoins, including Dai (DAI), Binance USD (BUSD), Pax Dollar (USDP), and Dollar on Chain (DOC).
Argentineans have been piling into crypto as a means to hedge against the country’s rising inflation and a continued fall of the Argentinean peso against the USD dollar.
Sango crypto hub goes live in the Central African Republic
Central African Republic President Faustin-Archange Touadera outlined that the Sango crypto hub project will foster financial inclusion by removing the barriers to entry in the banking sector.
Sango crypto hub goes live in the Central African Republic
Central African Republic President Faustin-Archange Touadera outlined that the Sango crypto hub project will foster financial inclusion by removing the barriers to entry in the banking sector.
SBF denies FTX is eyeing distressed crypto mining companies
Sam Bankman-Fried said that crypto miners did not fit into the company’s core strategy and there is no synergy from an acquisition standpoint.
Fork of July: Cardano Vasil upgrade successfully launches on testnet
With the Cardano testnet hard fork complete, all that remains is to fork the mainnet, which will come in about four weeks, or when developers have had enough time to prepare their tools for the upgrade.