BTC price bear market bottom targets continue to flow in below $14,000 despite Bitcoin rebounding above $16,000. Bitcoin (BTC) stayed undecided at the Nov. 24 Wall Street open as one trader reinforced a $12,000 BTC price target. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price “main target” for bottom $12,000-$14,000 Data from Cointelegraph Markets...Continue Reading

The Cointelegraph team has come up with a humorous guide for readers to employ with crypto skeptics and curious people while home during the holidays. This week in the United States, millions of people comprising various political and financial backgrounds are traveling to see family members for the first time in months to celebrate Thanksgiving....Continue Reading

Bitcoin mining can help balance electrical grids, but software can help ensure that miners are able to power on and off in seconds. Although Bitcoin (BTC) mining remains a controversial topic, it’s becoming more common to hear how Bitcoin mining can help balance grid demand. This is being demonstrated in the state of Texas, as...Continue Reading

Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund. Binance intends to allocate $1 billion for a proposed industry recovery fund, while its CEO revealed intent in a new bid for assets of bankrupt cryptocurrency lending firm Voyager by its United States-based business. Speaking to BloombergTV on Nov. 24,...Continue Reading

Homeowners don’t check the price of their homes while drunk at a party, so why check the price of Bitcoin in that way, Michael Saylor joked. First-time bear market? It’s also the first Bitcoin (BTC) bear market for Michael Saylor, one of the world’s biggest Bitcoin bulls.  Executive chairman of one of the world’s largest...Continue Reading

Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants. Starling — a digital bank based in the United Kingdom — is the latest financial institution to ban crypto-related transfers and activities for its cardholders. Starling customers will no longer be able to purchase cryptocurrencies like Bitcoin...Continue Reading

Dubai regulators noted that no clients were exposed as FTX MENA was still in the preparation phase before getting fully approved to operate. As the FTX debacle still creates waves in the crypto industry and beyond, the Dubai Virtual Assets Regulatory Authority (VARA) has suspended the license which allows FTX to make preparations to service...Continue Reading

Bitcoins from the 2014 Mt. Gox hack are on the move again, with 65 BTC sent to exchange HitBTC on Nov. 22. Bitcoin (BTC) exchanges may have just seen the largest exodus of user funds ever, data suggests. Data from on-chain analytics firm Glassnode shows that on Nov. 23, major exchanges were down almost 179,000...Continue Reading

Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million. Singapore-based crypto lender Hodlnaut is reportedly facing a police probe over alleged offenses of cheating and fraud. According to reports published in local media, the police’s commercial affairs department has launched an investigation into the founders of the...Continue Reading

Local lawmakers are working on amendments to the existing legislation “On digital financial assets” in consultation with market stakeholders. Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia which have a long history of disagreement...Continue Reading