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

Bitcoin (BTC) hit $20,000 on October 6, punishing short speculation as a recent rebound. BTC/USD 1-Hour Candlestick Chart (Bitstamp). Source: TradingView Bitcoin Expects $19,600 Zone “Important” Data from Cointelegraph Markets…

DeFi Platform Ribbon Finance’s Unsecured Lending Product Sees Crypto Firms Folkvang and Wintermute Borrow Over $10M

Meanwhile, loan borrowers are able to get higher yields from unsecured loans to Credora Credora-rated institutions. In addition, lenders can withdraw from the premises at any time, which can be…

BTC to outperform ‘most major assets’ in H2 2022 — Bloomberg analyst

According to Bloomberg Intelligence Senior Commodity Strategist Mike McGlone, October was the best month for Bitcoin (BTC) since 2014, with an average monthly gain of 20%, and the highs could…

How Crypto Twitter could change under Musk’s leadership

Barring another change of heart and conditions that must be met, Elon Musk’s acquisition of Twitter appears to be moving forward, raising questions about whether some or all of the…

Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…

Yuga Labs has announced a new Bored Up Yacht Club (BAYC) community council to help the project “grow and thrive”. The group revealed seven councilors in an Oct. 5 blog,…

Here’s Why This Expert Thinks The Next Crypto Bearish Trend May Be Near

The past few months have brought a rollercoaster experience for the price of cryptocurrencies. The crypto market is booming due to the influence of macro factors. But the last 24…

GameFi could be the answer to unemployment for some — Aussie game studio

The CEO and founder of Australia-based Web3 game studio Ninja Syndicate believes GameFi will usher in a new era where users can earn a living through blockchain games. Speaking to…

Buyer and seller of hacked account logins busted for $1 million tax fraud

A buyer and seller of hacked accounts were robbed of $1 million in tax fraud A Florida man who was involved in buying and selling hacked accounts on the dark…

BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns

Earlier, ADP’s employment report on private sector job creation came in better than expected as businesses added 208,000 jobs in September, a consensus of 200,000 and a 12% increase from…

Near Protocol partners with Google Cloud to support Web3 devs

The Near Foundation has announced a new partnership between Google Cloud and Near Protocol, for the Near Web3 startup platform Pagoda. According to the October 4 announcement, this partnership will…