Top Stories This Week Larry Fink, the CEO of BlackRock, has recently delivered pro-crypto remarks, claiming “Bitcoin is an international asset” and suggesting U.S. regulators consider how an ETF directly linked to Bitcoin could democratize finance in the country. Under Fink, BlackRock has attempted to launch a spot BTC ETF with crypto exchange Coinbase acting
Bitcoin
Bitcoin (BTC) price gave back some of its recent gains this week, but multiple data points suggest that $30,000 should hold as support going forward. Bitcoin remained within a narrow 4.3% range for the 15 days leading up to July 7. Despite the proximity of the $29,895 to $31,165 range, investors’ sentiment was significantly impacted
Ether has been on a downward trend, with the $2,000 level forming a crucial resistance level in recent months. While Bitcoin (BTC) recorded 11.94% gains, moving past $30,000 in June after BlackRock filed an application for an exchange-traded fund with the Securities and Exchange Commission in the United States, the upside in Ether (ETH) stayed around 3.16%. In
A possible approval of a spot Bitcoin exchange-traded fund (ETF) won’t be a game changer for crypto markets, although it might benefit the leading cryptocurrency, according to a report by JPMorgan managing director Nikolaos Panigirtzoglou. Based in London, Panigirtzoglou is part of JPMorgan’s global market strategy team. He believes that a Bitcoin ETF in the
Bitcoin (BTC) will be the currency of artificial intelligence (AI) and could reach a price per coin of $760,000 in the process, Arthur Hayes says. In his latest essay titled “Massa,” the former BitMEX CEO concluded that the AI revolution would naturally gravitate toward BTC. Hayes: Bitcoin is “logical currency choice for AI” Despite fiat
The legal team representing the billionaire entrepreneur George Bachiashvili has issued a statement denying the criminal charges filed by the Prosecutor’s Office of Georgia, alleging that the businessman misappropriated Bitcoin (BTC) worth $39 million. On July 6, the prosecutor’s office charged Bachiashvili with the misappropriation of crypto and money laundering. In 2015, the office said
Coin Stories host Natalie Brunell — who has 302,600 followers on Twitter — recalls feeling very tense before meeting with Salvadoran President and Bitcoin maximalist Nayib Bukele in March 2022. “It was very formal, there were guards outside his office. What is funny is it felt very formal outside of his actual office. Then you
From thumbs-ups from friendly strangers to midnight police searches, a Bitcoin-themed van continues a whirlwind tour around Europe. Ariel Aguilar has been behind the wheel of Bitcoin (BTC) promotion efforts, driving across Europe in a BTC-themed van called La Bitcoineta. Speaking to Cointelegraph journalist Joe Hall at Plan B Summer School, the Argentinian Bitcoin proponent
Google Cloud is the latest company to show interest in Bitcoin (BTC) Lightning. The $225-billion cloud and data service recently partnered with Voltage, an infrastructure provider specializing in the Bitcoin Lightning Network. The partnership will allow one of the world’s largest cloud computing providers to roll out Bitcoin-based services worldwide while assisting the expansion of
In this week’s episode of Market Talks, Cointelegraph welcomes Natalie Brunell, a podcast host, educator and media commentator in the Bitcoin space. Her podcast, Coin Stories, consistently ranks among the top 50 to 100 on Apple podcasts. She has over 300,000 Twitter followers, and is an award-winning TV journalist and former investigative reporter. Brunell explains how Bitcoin
The creation of nonfungible token inscriptions on the Bitcoin (BTC) blockchain has led to over $210 million of trading volume for Bitcoin Ordinals, according to the latest quarterly report from DappRadar. The data, which has been independently verified by Cointelegraph, shows that Bitcoin Ordinals’ booming popularity led to a sharp increase in trading volume through the
Amid KuCoin exchange preparing to adopt mandatory Know Your Customer (KYC) checks, the company’s CEO argued that privacy is not the most important feature of Bitcoin (BTC). “When it comes to the purpose of Bitcoin creation, I think privacy is just one of its features,” KuCoin CEO Johnny Lyu told Cointelegraph in an interview on
Bitcoin (BTC) teased more rangebound moves on July 7 as traders recovered from a day of volatility. BTC price gets a bid after volatile 24 hours Data from Cointelegraph Markets Pro and TradingView showed BTC price action hugging $30,000 overnight. Bitcoin bulls had hoped that new yearly highs the day prior would allow BTC/USD to
Bitcoin (BTC) Lightning Network development firm Lightning Labs unveiled a new set of tools for artificial intelligence to send and receive BTC on the network’s layer-2 solution. On July 6, Lightning Labs announced the toolkit which helps enable AI applications such as OpenAI’s ChatGPT to interact with the Bitcoin network to send, receive and hold
A recent report released by the United Kingdom Law Commission could weaken a central argument brought by Craig Wright in his controversial lawsuit against 12 Bitcoin core developers, argues the Bitcoin Legal Defense Fund (BLDF). In a 300-page report on digital assets published in late June, the UK Law Commission — an independent body that reviews and
Bitcoin mining companies outperformed BTC price by a huge margin amid the recent bullish price action in the top cryptocurrency. The average year-to-date gains in 2023 across the stocks of top nine public Bitcoin mining firms by market capitalization stood at 257.14%. The figure is almost three times higher than BTC’s gain in the same
The start of June saw negative price action across the cryptocurrency market after the U.S. Securities and Exchange Commission brought fresh lawsuits against the world’s largest exchanges, Binance and Coinbase. However, the sentiment quickly turned bullish after a crucial exchange-traded fund proposal was filed by the world’s largest asset management firm, BlackRock, on June 16.
Bitcoin (BTC) continued snap volatility after the July 6 Wall Street open as yearly highs gave way to a comedown. Bitcoin suddenly falls to new July lows Data from Cointelegraph Markets Pro and TradingView followed BTC price action as it seesawed around the $30,000 mark. Bitcoin had surged to its highest levels since mid-2022 earlier
Namibia has joined other African nations in embracing cryptocurrencies and digital assets by approving a bill in the National Assembly. The bill, which passed Namibia’s lower house of parliament on June 22, aims to regulate digital assets, cryptocurrencies and virtual asset service providers (VASPs) in the country. The legislation aims to establish a framework for licensing
Binance cryptocurrency exchange is preparing for another upgrade of its wallet infrastructure, warning users about the upcoming address migration. On July 6, Binance officially announced that it will be retiring selected deposit addresses in batches as part of a network address migration scheduled for Q3 2023. Binance’s latest wallet upgrade will affect a total of
Bitcoin (BTC) reached new 2023 highs on July 6 as a fresh bounce off key support buoyed bulls. Bitcoin analyst warns of “predatory range” Data from Cointelegraph Markets Pro and TradingView showed BTC price action surging through the top of its recent trading range. Analysts had previously reckoned on the largest cryptocurrency dropping further, potentially
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