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Bitcoin’s $70,000 to $80,000 zone highlights gap in historical price support

A recent analysis of five years of CME futures data reveals that Bitcoin's price has established significant support levels, particularly in the $70,000 to $80,000 range. This zone highlights a gap in historical price support, indicating potential challenges for Bitcoin to maintain its value if it falls below these levels. The findings emphasize the importance of understanding price dynamics in the cryptocurrency market.

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Senate Agriculture's crypto market structure draft peppered with Democrat pitches

The Senate Agriculture Committee has released a draft proposal aimed at establishing a regulatory framework for the cryptocurrency market, incorporating various suggestions from Democratic members. Key provisions include enhanced consumer protections and measures to address market manipulation. The draft emphasizes the need for clear definitions of digital assets and regulatory

Bitcoin’s weakness versus gold and equities puts quantum computing fears back in focus

Bitcoin has been underperforming compared to gold and equities, raising concerns about its stability as a store of value. This weakness has reignited fears regarding the potential impact of quantum computing on cryptocurrency security, as quantum technology could threaten the cryptographic algorithms that underpin Bitcoin. Analysts suggest that if quantum

Ethereum Foundation makes post quantum security a top priority as new team forms

The Ethereum Foundation has prioritized post-quantum security by forming a dedicated team to address potential threats posed by quantum computing to blockchain technology. This initiative aims to enhance the security of Ethereum's infrastructure and smart contracts against future quantum attacks. The new team will focus on researching and

Here’s what happened in crypto today

On October 27, 2023, Bitcoin experienced a significant price surge, reaching a new high of $45,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, climbing to $3,200, as developers announced upcoming upgrades to enhance scalability. Meanwhile, regulatory discussions in the U.S. continued

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Senate Agriculture's crypto market structure draft peppered with Democrat pitches

Bitcoin’s weakness versus gold and equities puts quantum computing fears back in focus

Ethereum Foundation makes post quantum security a top priority as new team forms

Here’s what happened in crypto today