The crypto market has found itself at odds since the price of bitcoin had fallen to $20,000. This remains an important technical level for the digital asset because it is right above its previous cycle peak. As such, investors across the space watch with bated breaths to see if bitcoin will be able to hold …
Continue reading “Crypto Market Remains Extremely Fearful As Bitcoin Struggles At $20,000”
Bitcoin has been experiencing some volatility over today’s trading session as the price of BTC touches critical resistance levels. The number one crypto by market cap positively reacted to macroeconomic factors, but as the weekend approaches, low levels might lead to sudden price movement. At the time of writing, Bitcoin (BTC) trades at $19,800 with …
Continue reading “Bitcoin Whales Increase Selling, BTC Rejected From $20,000”
In this episode of NewsBTC’s daily technical analysis videos, we are going to look at the weekly timeframe on Bitcoin BTCUSD in anticipation of the weekend and weekly close. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 2, 2022 With the monthly open now out of the way and Friday here, …
Popular crypto exchange, Crypto.com, has pulled out of its partnership with the Union of European Football Association (UEFA). The firm confirmed the development in its latest blog post. According to Crypto.com, the decision to terminate the deal manifested after its legal advisors reviewed the firm’s legal policies in several counties. The terminated deal was worth …
Continue reading “Crypto.com pulls out of partnership deal with UEFA”
Coinbase has incorporated a new feature to protect users from fraudulent dApps. The crypto exchange made this known via an announcement on its official Twitter page. With the new feature, the Coinbase wallet will automatically warn users when they visit malicious dApps. The firm believes that the latest addition will give an improved layer of …
Continue reading “Coinbase incorporates fraud-detecting feature for dApps”
In another recent attack on DeFi platforms, a crypto-private project identified as ShadowFi has suffered exploitation by hackers. The exploitation, which claimed about $301,000, became public after famous blockchain security firm Peckshield raised the alarm. ShadowFi confirmed the attack via its Twitter page. According to ShadowFi, the attacker drained its liquidity pool contract leaving it …
Continue reading “ShadowFi loses $301,000 to massive exploitation”
RippleX, the developer arm of crypto solutions provider Ripple, has upgraded the design of XRP Ledger’s sidechains. This update was shared by one of the software engineers, Scott Determan. The new design enables simpler implementation, thereby solving several errors that previously hindered efficiency. The federated sidechains were launched in 2021 by the CTO of the protocol, …
Continue reading “RippleX upgrades the design of XRP ledger sidechains”
The money laundering section of the U.S. Department of Justice (DOJ) is reportedly probing into the records of crypto exchange Binance and its CEO, Changpeng Zhao. Reuters reports that in late 2020, US federal prosecutors sent a written request to the world’s biggest crypto platform by trading volume to ask for internal records related to …
A market intelligence firm says that the total amount of Ethereum (ETH) staked has more than doubled in the year leading up to the top altcoin’s much-anticipated merge. According to crypto insights firm Arcane Research, the total amount of staked ETH has seen over a 100% increase from 6.5 million to 13.4 million in the …
Billionaire David Rubenstein says that crypto investors are essentially playing at casinos and that he’s identified the motivation behind it. In a new interview on crypto influencer Anthony Pompliano’s YouTube channel, the Bloomberg host says that traders are choosing to buy crypto assets because they are trusting governments and fiat currencies less. “I used to …
Markets are scary right now, and while the situation is likely to worsen, it doesn’t mean investors need to sit out and watch from the sidelines. In fact, history has proven that one of the best times to buy Bitcoin (BTC) is when no one is talking about Bitcoin. Remember the 2018–2020 crypto winter? I …
Continue reading “3 ways to trade Bitcoin and altcoins during a bear market”
Cardano has set September 22 as the date for its Vasil mainnet upgrade, founder of the blockchain Charles Hoskinson announced on his YouTube vlog Friday. The hard fork was originally scheduled for June of this year and rescheduled twice. According to Cardano-associated R&D company Input Output Hong Kong (IOHK), which worked on the update, three …
Bitcoin trading data from 157 exchanges reportedly did not match up to what companies claimed. According to an Aug. 26 report from Forbes, Javier Pax of the news outlet’s digital asset arm said there was a mismatch between the Bitcoin (BTC) trading data reported by crypto exchanges and the actual numbers. The Forbes contributor found …
y00ts, originally called Duppies is currently one of the most hyped mints in Solana. There will be 15,000 y00ts in circulation, and the price for the mint is $375 DUST, equivalent to $1,061.25 according to the current DUST price. y00ts derives from the creators of DeGods, one of the biggest NFT projects in Solana at …
Continue reading “Yoots, The Most Hyped Upcoming NFT Mint in Solana”
Crypto lender Celsius expects $70 million from loan repayments that will extend its runway cost beyond November. The cash flow forecast submitted by Celsius during the bankruptcy hearing on Sept. 1 disclosed that the company will record an inflow of about $70 million from repayment of USD-denominated loans. The loans are expected to be repaid …
Continue reading “Celsius expects to receive $70M loan repayment to fund operations beyond November”
