TON, XLM, XMR, and MKR could attract buyers if Bitcoin rises above $26,500

Bitcoin (BTC) traded in a narrow range this week and is on target to form the third consecutive Doji candlestick pattern on the weekly chart. The cryptocurrency markets did not receive any... Read more »

1 in 4 investment firms assign senior execs to digital assets: Report

Based on the findings of a market intelligence firm, an increasing number of investment firms in the United States, the United Kingdom and Europe are appointing senior executives to lead digital asset... Read more »

Binance’s exec exodus, Nasdaq to trade AI orders, and more

Top Stories This Week Binance crypto exchange saw 10 key execs leave in 2023. Here’s the list A key talking point in the crypto community has been the ongoing exodus of executives... Read more »

CFTC fines Mirror Trading $1.7B for Bitcoin-related forex fraud

United States regulators have finally taken steps to resolve an enforcement case against the collapsed Mirror Trading International (MTI). The United States District Court for the Western District of Texas has ordered... Read more »

10 years later, still no Bitcoin ETF — but who cares?

The first spot Bitcoin exchange-traded fund (ETF) application, filed in July 2013, was denied in both 2017 and 2018. A decade has passed since that initial application, and the Securities and Exchange... Read more »

Bitcoin energy value metric puts BTC’s ‘fair value’ at $47K — Analyst

Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take. However, Charles Edwards, founder of Capriole Investments, believes... Read more »

Bitcoin liquidates $23M in shorts as BTC price tags new September high

Bitcoin (BTC) extended volatility into the Sept. 8 Wall Street open as a classic “short squeeze” sparked new September highs. BTC/USD 1-hour chart. Source: TradingView Bitcoin offers a round trip to $24,400... Read more »

Persistent macro headwinds could delay Bitcoin bull market — ARK Invest

It’s been a whipsaw 2023 for investor sentiment, and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons why the remainder of 2023 could present several... Read more »

‘NFTs will win on Bitcoin’ — OnChainMonkey NFT collection ditches Ethereum

The team behind nonfungible token collection OnChainMonkey is shifting its entire collection of 10,000 NFTs from Ethereum to Bitcoin, in a massive undertaking expected to take several months. “A historical transition is... Read more »

FASB rules ‘eliminate the poor optics’ that detered firms from crypto: Analyst

The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from Berenberg Capital. On Sept. 6,... Read more »