The Bitcoin price prediction shows that BTC bounces off the support at $23,600 as the coin trades around the resistance level of $24,180. Bitcoin Prediction Statistics Data: Bitcoin price now – $24,180 Bitcoin market cap – $460.9 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 …
Continue reading “Bitcoin Price Prediction for Today, August 12: BTC Could Hit $25,000 Level”
Binance, a global crypto exchange, has recovered over 80% of the funds stolen from Curve Finance by exploiters. The CEO of the crypto exchange, Changpeng Zhao, confirmed the development in a Friday post on his Twitter handle. According to Zhao, Binance aided the recovery of over $450,000 of the funds. Recall that hackers exploited the …
Continue reading “Binance recovers 80 percent of funds stolen from Curve Finance”
Singapore-based Crypto Lender Vauld is facing money laundering charges in India after $46.5 million (3.70 billion Indian rupees) was frozen from its local entity, Flipvolt Technology. India’s Enforcement Directorate (ED) confirmed in an Aug. 12 statement that it is investigating Vauld (Flipvolt Technologies) and Yellow Tune Technologies for allegedly facilitating illegal transfers through the crypto …
Continue reading “India’s ED freezes $46 million of Vauld’s funds on money-laundering charges”
Ethereum is outperforming Bitcoin ahead of The Merge in September, with the second largest cryptocurrency by market cap rising 61% against Bitcoin since June. The below chart shows the price of Ethereum against Bitcoin since 2018. ETH has finally passed the 0.077 BTC level not seen since January 2022; now just 12% off a 4-year …
The U.S. government banning the ethereum mixing service Tornado Cash and the enforcement that has followed has the crypto community in an uproar about the event. A large number of crypto and privacy advocates have spoken out against the actions the government has taken so far, and the nonprofit advocacy group Fight for the Future …
This past April, records show that 19 million bitcoins have been mined into existence and 133 days later, there are 1.88 million bitcoins left to mint today. The network’s block subsidy halving is expected to occur on or around April 20, 2024, as there are less than 91,000 bitcoins left to mine until that point. …
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring thousands of application-specific integrated circuit (ASIC) mining rigs. On Friday, the firm Validus Power revealed it has acquired two natural gas power stations in Ontario, Canada, that will become crypto mining facilities. On the same …
sponsored Upland is a mobile-first blockchain metaverse that allows users to buy virtual properties based on real world addresses, build on those properties to increase their value, and sell them to increase their virtual real estate portfolio. Upland has the unique position to attract mass markets due to the fact that the economy is built …
Continue reading “Upland Sustains Mass Market Readiness With All-Inclusive Economy”
Cardano has been recording moderate gains since about mid-last month. However, at some points this crypto would appear to have begun a downtrend, subsequently, it will reverse the trend and move on. This has been the norm for this crypto for quite some time now. And, once again it appears as if it is repeating …
Continue reading “Cardano Price Analysis for August 13TH: ADA May Keep Up With the Uptrend”
California’s financial services regulator is issuing a desist and refrain order to embattled crypto lender Celsius Network for violating state laws. The Department of Financial Protection and Innovation of California (DFPI) is ordering Celsius and its CEO, Alexander Mashinsky, to stop selling and marketing securities in the Golden State over claims that the company violated the …
Shark Tank investor Mark Cuban is facing a class-action suit stemming from his promotion of bankrupt crypto brokerage firm Voyager Digital. In a complaint filed at the US District Court in the Southern District of Florida, aggrieved Voyager customers represented by lawyer Adam Moskowitz claim that Cuban reached out to fans of his NBA basketball …
The co-founder of Ethereum (ETH) is providing an update about when the project will initiate the long-awaited network transition from proof-of-work (PoW) to proof-of-stake (PoS). Leading smart contract platform creator Vitalik Buterin gives his 4.1 million Twitter followers a detailed technical breakdown of the computing power required to complete the final block on Ethereum before …
Crypto futures exchange CoinFLEX is reportedly seeking court approval for a restructuring plan as it faces financial trouble following a substantial default by one of its customers. Citing an email sent to CoinFLEX creditors on August 9th, Fortune reports that the embattled firm filed to the Seychelles Supreme Court an application for the reorganization and …
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. This past week, cross-bridge protocols became the center of DeFi discussions as a new report showed RenBridge was used to launder $540 million in stolen funds. Curve Finance, on …
You might not know it, but Canada is quietly becoming a major player in the blockchain and crypto scene: Ethereum has strong Canadian roots, Toronto-based 3iQ launched North America’s first physically-settled Bitcoin (BTC) exchange-traded fund (ETF) and the percentage of active crypto holders in the country has increased steadily over the past two years. Against this …
