Bitcoin Volatility Expected as $328M in BTC Derivatives Expire Friday

CME Bitcoin (BTC) futures and options markets are set to mature this Friday and traders are closely watching to see how spot prices will react to this event. The contracts expire every two months and according to market analysts, they negatively influence BTC’s price in spot markets. In fact, recent data from Cointelegraph and Arcane […]

Telegram CEO Donates 10 BTC to Charity Project in Russia

Pavel Durov, founder and CEO of popular messaging app Telegram, has purportedly resumed his charity activity soon after terminating Telegram’s blockchain project. Known for philanthropic activity, including a $1 million donation to Wikipedia, Durov has donated 10 bitcoins (BTC) to a charity project in Russia. The coins are worth around $96,000 at time of publication. […]

A Bitcoin ETF Could Help Fairly Price Grayscale’s GBTC

In a Bloomberg interview, the SEC commissioner, Hester Peirce, said the approval of a Bitcoin (BTC) ETF by the regulator could help price Graysclale’s GBTC more fairly. The commissioner has again reiterated that in her opinion, the SEC is treating crypto related financial instruments unfairly, applying to them unique requirements: “Recently I issued a second […]

Theta Cryptocurrency Plunges 50% As Traders Question Google Partnership

What goes up, must come down. That saying just applied to the cryptocurrency named Theta, which recently became a topic of hot discussion due to a supposed Google partnership. Details about the “partnership” however bring up questions about if there’s any validity to the claim, or if Theta is simply a client of the tech […]

The Last Time This Happened, Bitcoin Surged From $3,150 to $14,000

Leading crypto exchanges are holding around 1.36 million BTC, worth around $12,920,000. The last time major trading firms had such low Bitcoin reserves, the price of the dominant cryptocurrency surged from $3,150 to $14,000. Market data indicates a growing number of investors are moving their Bitcoin holdings out of exchanges. It shows traders have no […]

Ethereum Whales Accumulate As Bullish Momentum Builds Up

Ethereum appears to have entered a stagnation phase without giving any clear signals of where it is heading next. Its price action has been mostly contained within a narrow trading range over the last couple of weeks. But a decisive price movement that defines the direction of its trend has yet to occur. Spencer Noon, […]

Bitcoin Price Surges Past $9.4K as Week of Gains Targets Five Figures

Bitcoin (BTC) hit $9,400 on May 28 in its latest attempt to upend a downward trend which had seen $8,640 lows just days before. Cryptocurrency market daily overview. Source: Coin360 BTC price: 3-day gains near 8% Data from Cointelegraph Markets and CoinMarketCap showed BTC/USD retaking new ground in Thursday trading, with daily gains at 3%. […]

Failed H&S Pattern Puts This Cryptocurrency En Route to Record Levels

XTZ, the native cryptocurrency of the Tezos blockchain platform, recently defeated a long-standing Head & Shoulder pattern. If successful, the bearish technical indicator could have crashed XTZ to as low as 523 sats. Its failure now puts the crypto en route to record highs. XTZ is trading almost 28 percent lower from its all-time high […]

OKCoin Grant Dishes $100K to Bitcoin Payment Processor

Completing its second independent developer grant, crypto exchange OKCoin has donated $100,000 to open-source crypto payment processor BTCPay Server.  In addition to its worldwide fiat on-ramp/off-ramp focus, the OKCoin exchange sees the importance of furthering the industry’s framework, OKCoin CEO Hong Fang told Cointelegraph, explaining: “We also have a special responsibility to support free or open-source […]

NYC Hacker Charged Over $94 Million Bitcoin-for-Cards Scheme

New York City resident Vitalii Antonenko was charged for allegedly participating in a $94 million Bitcoins-for-cards scheme, according to a May 27 statement from the United States Attorney’s Office for the District of Massachusetts. He is now facing up to 20 years in jail and $500,000 in fines. Antonenko was arrested in March 2019 at […]