Bitcoin beats out shorts as BTC price attempts to crack $20.5K

Bitcoin (BTC) recovered and held $20,000 on October 6 as the latest drop penalized short speculators. 1 hour BTC/USD candlestick chart (Bitstamp). Source: TradingView Bitcoin holds $19,600 'important' area Data from Cointelegraph...

Ether exchange netflow highlights behavioral pattern of ETH whales

The Ether (ETH) exchange network over the past two years has been highlighting a pattern of behavior among ether whales that market analysts believe is injecting the price of...

McDonald’s starts to accept Bitcoin and Tether in Swiss town

Multinational fast food chain McDonald's has begun accepting Bitcoin (BTC) as a payment method in Lugano, a city of 63,000 in the Italian-speaking region of Switzerland that has become...

Crypto-friendly Ray Dalio steps back from Bridgewater’s $150 million fund

47 years after taking charge of the world's largest hedge fund, Bridgewater Associates, founder Ray Dalio has completed the leadership transition that began in February. He is no longer...

BTC mining firm Compute North files for bankruptcy

Bitcoin (BTC) miner Compute North has filed for Chapter 11 bankruptcy amid mounting pressures on the company from the effects of the crypto winter and rising energy prices. The...

How Bitcoin ATMs in Greece fare during a record-breaking tourist season

Greece is world-famous for its tourist attractions, idyllic beaches, and relaxed lifestyle. Before the outbreak of the global pandemic, the World Travel and Tourism Council said that tourism generates...

The impact of the Wintermute hack could have been worse than 3AC, Voyager and...

Most crypto investors may have never heard of Wintermute Trading before its $160 million hack on September 20, but that doesn't diminish its importance in the cryptocurrency ecosystem. The...

NYDIG raises $720M as Bitcoin balance hits all-time high

The bear market has not stopped one of the biggest Bitcoin (BTC) bulls. The balance sheets of New York Digital Investment Group, or NYDIG, reached a record high in...

The feds are coming for the metaverse, from Axie Infinity to Bored Apes

Metaverse is the future version of the Internet with a digital economy and an immersive virtual environment, along with other interactive features. This relatively new space has gained such...

DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins

The Department of Justice (DOJ) has lodged an objection to Celsius' proposal to resume withdrawals for specific clients and sell its stablecoin holdings. The Department of Justice maintains that Celsius'...