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Bitcoin Price Has Been Stable, It’s an Altcoin Season Right Now, Says CZ Binance
cryptocurrency

Bitcoin Price Has Been Stable, It’s an Altcoin Season Right Now, Says CZ Binance

Bitcoin has been trading sideways for the last few months, with the stability around $9,100. Bitcoin (BTC) has been struggling to gain bullish momentum above $9,200. In an interview with Bloomberg, Changpeng Zhao, the CEO of Binance commented on the stability of the recent Bitcoin price.

May 20: Be patient, some breakouts take time
cryptocurrency

May 20: Be patient, some breakouts take time

BTC's open interest is holding steady while volume for the past few sessions has been slightly lower than the last two week's average that it feels to me we are likely to head into somewhat of a short-term inflection point where we make a decisive break to the up or downside. Just look at the doji candlestick closed yesterday, so here are two scenarios how I think what can pan out over the next few days:

Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens
cryptocurrency

Bitcoin Surges Past $20,000, Ether Bounces As USD Weakens

Bitcoin surged on Tuesday breaking back above the $20,000 level while major altcoins led by Ether rose on a positive market upturn as the US dollar fell.

Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.
cryptocurrency

Australian Pleads Guilty to Securities Fraud in $90 Million Crypto Scam in the U.S.

An Australian man named Stefan He Qin has pleaded guilty to draining the investor accounts of his New York-based cryptocurrency fund to the tune of $90 million.

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020
cryptocurrency

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.

Over Half of Crypto Token Listings Show Signs of Insider Trading, Reveals Solidus
cryptocurrency

Over Half of Crypto Token Listings Show Signs of Insider Trading, Reveals Solidus

In an eye-opening study, Solidus, a leading crypto market integrity platform, has uncovered signs of insider trading associated with more than half of all cryptocurrency token listings since 2021.

MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m
cryptocurrency

MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m

MicroStrategy Inc is planning to increase its bitcoin holdings through the net proceeds of its sale of up to $500 million worth of its class A shares.

Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis
cryptocurrency

Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis

Canada-based cryptocurrency exchange CoinSmart announced it would donate aid for the emergency humanitarian crisis in Ukraine to help Ukrainian refugees.

Blockchain Infrastructure Firm Chain Completes Acquisition of MDT for $100m
cryptocurrency

Blockchain Infrastructure Firm Chain Completes Acquisition of MDT for $100m

Chain announced that the $100 million deal will provide the company with assets, including MDT, cash-back application RewardMe and financial data protocol MeFi.

How Web3 Loyalty Platforms Boost Customer Retention and Cut Costs
cryptocurrency

How Web3 Loyalty Platforms Boost Customer Retention and Cut Costs

Web3 loyalty platforms and Enable3 modernize loyalty programs, providing a universal, flexible, and valuable loyalty currency, fostering emotional attachment and customer retention.

India's Supreme Court Presses Government on Bitcoin: What Regulatory Uncertainty Means for the Future of Crypto
cryptocurrency

India's Supreme Court Presses Government on Bitcoin: What Regulatory Uncertainty Means for the Future of Crypto

India's Supreme Court pushes govt to regulate crypto, citing tax-legality mismatch. Ambiguity risks investors, drives startups offshore. Stakeholders must prep for future rules.

Miami Plans to Distribute "Bitcoin Yields" To Local Residents
cryptocurrency

Miami Plans to Distribute "Bitcoin Yields" To Local Residents

Miami is working on a plan to pay its citizens “Bitcoin yield” from the city’s cryptocurrency known as MiamiCoin.

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