Bitcoin briefly hits $70,000 for the first time since June. Here is why
The largest crypto asset rose more than 7% on Wednesday after several catalysts sent crypto-related assets higher.
Bitcoin
Bitcoin nears key technical breakout that could propel prices to $76,000
Bitcoin is close to forming a pattern that analysts say could signal prices rising to as high as $76,000.
Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million
A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker drain real assets.
Bitcoin has gone quiet as traders chase ‘5x or 10x’ payoffs elsewhere
Bitcoin’s price swings have hit a cycle low, squeezed by a market tug-of-war with no clear winner. The traders who once lived off its chaos have taken their risk appetite elsewhere.
Bitcoin climbs above $64,000 while most majors slip
Bitcoin rose above $64,000 on Tuesday, up over 1% on the day and marginally higher on the week, the only major with a meaningful gain as the rest of the market drifted lower. Ether eased half a percent to just under $1,900, though it holds… Read More
Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city
Crypto mining was banned in Moscow, the surrounding Moscow Region and parts of Kursk, with the restrictions set to run through Dec. 31, 2032. The measure, established under government decree No. 936, also prohibits participation in crypto mining pools. The decree was signed on July… Read More