Category: Cryptocurrency news

Spaces launches Trust Anchor to verify Bitcoin identities without a central resolver

Spaces has released Trust Anchor, a tool that allows applications to confirm human-readable identities, such as alice@bitcoin, via Bitcoin instead of using a central resolver. The release, which was also covered by Bitcoin News, solves a decades-long issue that the cryptocurrency industry has wrestled with: how to simplify address usage without having to trust a […]

Bitcoin Price Surpasses $87,000, Ethereum Tops $2,800—What’s Going On? Here’s What You Need to Know

The cryptocurrency market continues its strong upward momentum, with Bitcoin ($BTC) surpassing $87,000 and Ethereum ($ETH) exceeding $2,800. According to OKX data, Bitcoin’s price rose to $87,010, gaining 7.41% in the last 24 hours, while Ethereum reached $2,800.26, extending its daily gain to 5.98%. Weekly chart showing the recent rise in $BTC price. There are […]

Bitcoin could test $90,000 after shorts get squeezed, but traders warn leverage is building

Bitcoin pushed to a fresh eight-month high of $86,000 on Monday, extending a rally that forced bearish traders out of their short positions and drew fresh leverage bets back in. Roughly $750 million in bearish crypto derivative positions were liquidated as bitcoin cleared $82,000, a level that capped prices since August, CoinGlass data shows. When […]

What’s Driving the Rise in Bitcoin? Glassnode and CryptoQuant CEOs Explain!

Leading cryptocurrency Bitcoin started the week with a strong move, with its price surpassing $85,000 for the first time in months. While the question now is whether the uptrend will continue, important assessments have come from Glassnode analysts and CryptoQuant CEO Ki Young Ju. Closing Short Positions Accelerated the Rise! Glassnode, an on-chain analytics company, […]