Quant Explains Why This Bitcoin Bear Market Is Different From Others

A quant has explained using on-chain data why the current Bitcoin bear market looks to be different from the previous ones. Quant Suggests This Bitcoin Bear Market Is Unlike The Rest As explained by an analyst in a CryptoQuant post, the exchange reserve continuing to trend down since the price all-time high isn’t typical of […]

Bitcoin follows fresh US stocks dive as analysis ‘expects’ BTC price to take $37.5K liquidity

Bitcoin (BTC) faced selling pressure at the Wall Street open on April 22 as markets began a rerun of Thursday’s losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No let-up for stocks or crypto as losses mount Data from Cointelegraph Markets Pro and TradingView showed BTC/USD following a grimly familiar course on Friday, hitting lows of […]

Nasdaq has dotcom crash ‘deja vu’ says trader as Bitcoin correlation rises

Bitcoin (BTC) and its stock market correlation are under fresh scrutiny amid a warning that the Dotcom Bubble is repeating itself in 2022. In a tweet on April 22, popular trader Peter Brandt highlighted similarities between the Nasdaq 100 (NDX) now and twenty years ago. “Deja vu all over again” Bitcoin has shown itself to […]

Quantum computing to run economic models on crypto adoption

By many accounts, quantum computing (QC), which uses atomic “spin” instead of an electrical charge to represent its binary 1’s and 0’s, is evolving at an exponential rate. If QC is ever realized at scale, it could be a boon for human society, helping to improve crop yields, design better medicines and engineer safer airplanes, […]

AUSTRAC Issues 2 New Guides To Help In Fight Versus Cybercriminals

The Australian Financial Compliance Enforcement Agency (AUSTRAC) has announced two new guidelines to make it simpler to identify when crypto is being used for dubious purposes or when a person is being obliged to pay crypto to ransomware perpetrators. Each guide provides practical recommendations to assist organizations in determining whether a payment is tied to […]

Blockchain.com names custody partner for its institutional offering

Blockchain.com, a cryptocurrency exchange and financial services firm, has named Standard Custody & Trust Company as the custodian for Blockchain.com and Altis Partner’s new institutional platform, Blockchain.com Asset Management (BCAM). On April 6, Blockchain.com introduced a suite of institutional investment solutions that combine the crypto trading infrastructure, research and security software services of Blockchain.com in […]

Alex Saunders issues a public apology and claims to be settling crypto dealings

Months after a storm of controversies, Nuggets News founder and crypto influencer Alex Saunders issued a public apology over last year’s controversies and the way he handled things.  Back in 2021, Saunders faced a series of allegations claiming that he had failed to pay loans and investment funds. Those who were affected claimed that Saunders […]

Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust

Bitcoin (BTC) headed toward $40,000 on April 22 after a major retracement in equities speared bulls’ latest advance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sheds $3,000 on U.S. stocks plunge Data from Cointelegraph Markets Pro and TradingView showed BTC/USD being kept firmly under $41,000 Friday after volatility during the latest Wall Street trading session. […]

EU And Sweden Discussed Banning Bitcoin Proof Of Work: FOI Documents

Sweden’s government is urging the European Union to prohibit energy-intensive cryptocurrency mining techniques such as those employed by Bitcoin. Indeed, according to documents obtained through a freedom of information request, EU officials discussed the planned ban on Bitcoin trading with their Swedish counterparts during a recent debate on the legislation to abolish Proof of Work […]

This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy

April 22 is Earth Day and with environmental sustainability one of the key topics in the global debate surrounding Bitcoin mining, analysts say the industry has begun to naturally gravitate towards cleaner and cheaper energy sources. According to a January report by the Bitcoin Mining Council, by Q4 2021, the global Bitcoin mining industry ran […]