BTC price falls back to $47K as weekly close neatly tracks Bitcoin futures gap

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Bitcoin (BTC) retested $47,000 on Sept. 19 as the weekly close looked set to hinge on the CME futures gap.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin comes full circle after erasing gainsData from Cointelegraph Markets Pro and TradingView showed mixed...

Bitcoin is great, but real crypto innovation has moved elsewhere

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Something is brewing, and those with finely tuned noses can smell it. As traders have come to expect, Bitcoin (BTC) is doing “Bitcoin things” by bouncing around between the usual “key” support and resistance levels, and to be honest,...

American CryptoFed DAO seeks US SEC consent for stable utility tokens

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American CryptoFed DAO, a Wyoming-based decentralized autonomous organization, has filed two forms with the United States Securities and Exchange Commission, or SEC, to launch two variants of inter-dependent stablecoins named Locke and Ducat.According to CryptoFed’s Form 10 submission, the...

El Salvador ranks third in global Bitcoin ATM installations, data finds

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El Salvador now hosts the third-largest network of crypto ATMs after the United States and Canada, amounting to 70% of all crypto ATMs in South America.According to data from Coin ATM Radar, El Salvador has exceeded United Kingdom’s crypto...

Bitcoin is ‘playing mind games’ as its price coils into a tighter range

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The general mood across the cryptocurrency market is one of anticipation on Sept. 17 as the price of Bitcoin has traded in an increasingly tighter range over the past couple of days and looks to be coiling in preparation...

Solana chart ‘bull flag’ eyes $250 despite SOL price down 40% since last week

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Solana (SOL) price extended its slide on Sept. 17 as a major network outage over the past week — pointing to heightened security risks — hit traders' confidence.The SOL/USD exchange rate fell up to 13.27% to its intraday low...

MonoX raise $5M to launch single-token liquidity pools

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Automated market maker MonoX has today announced a debut capital raise of $5 million from venture firms including the likes of Axia8 Ventures, Animoca Brands, Divergence Ventures, among others.MonoX will use the funds to support its ambitions in reducing...

PayPal completes crypto trading rollout for UK customers

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PayPal officially announced on Friday that all eligible customers in the United Kingdom can now buy, hold and sell cryptocurrencies using their PayPal accounts.Customers can trade four major cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). As...

DCG-backed Korean exchange faces closure if it can’t find banking partner

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South Korean crypto exchange Gopax, which is backed by Digital Currency Group, is facing potential closure ahead of the country’s fast-approaching deadline for platforms to submit their requests for an official operating license.To be eligible for a license, all...

Democrat Senator lobbies agencies over the use of crypto in ransomware

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Some U.S. Senators are ramping up the anti-crypto rhetoric again, urging federal agencies to take action against the illicit use of digital assets.Democrat Senator Maggie Hassan is the latest to raise concerns about the use of cryptocurrency as a...

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Fox Corporation backs Eluvio’s $100M raise as part of its content...

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U.S. mass media company Fox Corporation has made a strategic investment in digital content management firm Eluvio to help develop Fox’s nonfungible token business.An...