Thursday, November 21, 2024
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Bitcoin bulls falter after BTC price briefly spikes through $30K

Bitcoin (BTC) spiked above $30,000 on Aug. 2 as a tour of its trading range saw BTC price volatility return.BTC/USD 1-hour chart. Source: TradingViewBitcoin comes full circle after trip to $30,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as buyers staged a brief rally through key resistance.Local highs of

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FTX reboot could falter due to long-broken user trust, say observers

Several crypto industry commentators have laid skepticism on FTX CEO John Ray’s vision to potentially reboot the crypto exchange, citing trust issues and “second-class” treatment of customers as some reasons why users may not “feel safe to go back.”Former FTX CEO Sam Bankman-Fried tweeted on Jan. 20 praising John Ray

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Cryptos Rise, Even as Stocks Falter; Token2049 Conference Signals Singapore’s Resurgence as a Crypto Hub

Despite the ongoing, macroeconomic turbulence, Jeff Dorman, chief investment officer at crypto fund manager Arca, took issue with "the convenient narrative" that ties "digital assets' fates to macro." In his Two Satoshis newsletter, Dorman wrote that the correlation was "short-lived" and applied only to bitcoin and "a few other bellwether

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Blockchain Bites: JPM Coin Goes Live, Bitcoin Rallies, Stocks Falter

JPM Coin will see its first commercial use, banking executives said. Southeast Asia’s largest bank by assets, DBS, is eyeing a digital assets exchange. And bitcoin’s recent rise shows a decoupling from traditional markets, like the S&P 500.Top shelfJPM CoinJPM Coin, the enterprise-minded digital asset stewarded by the titular global

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