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Bitcoin echoes 'late 2022' bear market bottom, K33 says

K33 Research has noted that Bitcoin's current price action resembles the market conditions seen during the late 2022 bear market bottom. The analysis highlights that Bitcoin is experiencing a similar pattern of low volatility and consolidation, suggesting a potential accumulation phase. The firm emphasizes that this could indicate a forthcoming price recovery, as historical trends show that such patterns often precede bullish movements. Additionally, K33 points out that macroeconomic factors and investor sentiment will play crucial roles in determining Bitcoin's future trajectory.

Read the full article: CoinDesk

Japan's SBI to issue 10 billion yen onchain bond with XRP rewards for retail investors

Japan's SBI Holdings plans to issue a 10 billion yen on-chain bond, offering XRP rewards to retail investors. The bond will be available for subscription starting November 1, 2023, and aims to attract individual investors by providing a unique incentive in the form of cryptocurrency. SBI's

Bitcoin Quantum Threat Takes Center Stage at Ethereum Conference

At a recent Ethereum conference, experts highlighted the potential threat that quantum computing poses to Bitcoin and other cryptocurrencies. They discussed how advancements in quantum technology could undermine the cryptographic algorithms that secure blockchain networks. The conference featured presentations on strategies to enhance security against quantum attacks, emphasizing the need

‘Bitcoin to zero’ searches spike in the U.S., but the bottom signal is mixed

Searches for the phrase "Bitcoin to zero" have surged in the U.S., indicating growing concern among investors about the cryptocurrency's future. Despite this spike, analysts suggest that such searches can be a mixed signal regarding market trends. Historically, increased searches for negative sentiments often precede

'Ethereum Is Going Hard': Vitalik Buterin Backs Censorship Resistance Upgrade

Vitalik Buterin has expressed strong support for an upcoming upgrade aimed at enhancing censorship resistance within the Ethereum network. This upgrade is designed to prevent validators from censoring transactions, thereby promoting greater decentralization and user freedom. Buterin emphasized the importance of maintaining Ethereum's core principles, particularly in light

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Japan's SBI to issue 10 billion yen onchain bond with XRP rewards for retail investors

Bitcoin Quantum Threat Takes Center Stage at Ethereum Conference

‘Bitcoin to zero’ searches spike in the U.S., but the bottom signal is mixed

'Ethereum Is Going Hard': Vitalik Buterin Backs Censorship Resistance Upgrade