Tuesday, April 23, 2024
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Bitcoin offers ‘good signs’ as analysts retain $40K BTC price target

Bitcoin (BTC) saw five-day highs on May 15 as a rebound continued after the Wall Street open.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,000 "still a magnet" for BTC priceData from Cryptox Markets Pro and TradingView showed BTC/USD reaching $27,666 on Bitstamp.The pair held strength on hourly timeframes after a weekly

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Surojit Chatterjee to retain 249,315 shares of Coinbase stock after departing company

Surojit Chatterjee, the former chief product officer at Coinbase, will officially leave the company on February 3rd after reportedly making an estimated $105 million in stock sales. According to disclosures filed with the Securities and Exchange Commission, Chatterjee will also retain 249,315 shares of Coinbase stock. At the time of publication,

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BlockFi exec argues bankruptcy court should approve bonuses to retain talent

Megan Crowell, the chief people officer at crypto lending firm BlockFi, has petitioned a court to allow bonuses for “key employees” amid Chapter 11 bankruptcy proceedings.In a Jan. 23 declaration for United State Bankruptcy Court in the District of New Jersey, Crowell said without giving certain financial incentives, BlockFi might

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Bitcoin Cheers Dollar Weakness, But TradFi Experts Retain Bullish Bias on Greenback

The dollar index, which tracks the greenback's value against major fiat currencies, was trading lower at around 108. The index peaked above 110 last week as the European Central Bank rate hike put a floor under the euro and inflation expectations fell, offering relief to risk assets, including bitcoin. Original Source

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Function over fun? Analyst says P2E games don’t need to be ‘fun’ to retain users

Play-to-earn (P2E) blockchain-based games gathered investors’ attention in late 2021, with Axie Infinity leading the pack with over 2 million active users. In P2E games, players are awarded tokens or nonfungible token assets (NFTs) as they progress throughout the game. These digital assets can be sold using marketplaces and cryptocurrency exchanges,

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