BTC Falls Below $19,500; TAMA is Trending

The Bitcoin price prediction reveals that BTC continues to head to the downside as its price moves below $23,300 to touch the low of $23,104. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,127 Bitcoin market cap – $366.6 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking …

Serum Price Analysis for 20th of September: SRM/USD Is Preparing to Take-off

 The price action of SRM/USD has maintained the same support level since the 4th of July. The price just keeps bouncing off the price level of $0.746. However, when we look at the resistance, we can see that the levels are falling (lower highs). The support lines and the resistant lines are now converging. This …

Michael Saylor’s Microstrategy Buys The Dip By Purchasing Another $6M Bitcoin

Michael Saylor confirmed today that Microstrategy purchased an additional 301 Bitcoins at an average price of $19,851 per Bitcoin.  According to Saylor, Microstrategy now holds $130,000 Bitcoins acquired at an average of $30,639 per Bitcoin. MicroStrategy’s former CEO Micheal Saylor revealed today via his official Twitter account that MicroStrategy purchased another $6 Million Bitcoin taking …

Nasdaq Readies Crypto Custodial Offering For Institutional Players

Summary: Nasdaq.Inc has eyes on offering crypto custodial services to institutional investors. The stock exchange boasts a new digital department led by former Gemini official Ira Auerbach. This is Nasdaq’s first major push into the crypto market. Exchange officials said the company is equipped to navigate regulatory requirements regarding expanding its crypto-focused services.  The world’s …

JP Morgan executive expects a massive crypto rally to arrive

The digital currency market has been exposed to rather unfavorable conditions for nearly a full year now, after starting in mid-November 2021. Around this time, Bitcoin, as well as most altcoins, have reached their new ATHs and that concluded the bullish part of the cycle that cryptocurrencies are following, leading directly to a price drop …

Philippines island to become a Bitcoin haven thanks to a crypto wallet provider

Cryptocurrency usage in Asian countries, as well as Oceania, has been on the rise in recent years. However, this growth in popularity of Bitcoin and altcoins in this part of the world might soon skyrocket like never before, thanks to the efforts of a single wallet provider known as Pouch. The wallet provider has made …

GMX Exploited By A Whale: Earned Over $500k Using An Apparent Loophole

Decentralized Exchange (DEX) Platform GMX has confirmed a price manipulation exploit by a whale who managed to take advantage of the features – ‘Zero Price Impacts’ and ‘Minimal Spread’ by taking large positions in Avalanche Blockchain’ token – AVAX, which was launched in 2020. Buy AVAX Now Your Capital is at Risk. Background Story Analysis …

Massive Cardano (ADA) Rally in Play Heading Into Vasil Upgrade, According to Analyst Michaël van de Poppe

A popular crypto analyst thinks there’s a gap between Cardano’s (ADA) struggling price performance and the project’s fundamentals. In a new YouTube video, crypto trader Michaël van de Poppe tells his 165,000 subscribers that there are “massive opportunities” surrounding Cardano’s Vasil hard fork, which is slated to occur on September 22nd. The upgrade aims to increase the …

Macro Guru Raoul Pal Says One Ethereum Rival May Become Crypto Giant in Next Cycle

Macro expert and former Goldman Sachs executive Raoul Pal says that one Ethereum (ETH) competitor could outshine the rest in the next crypto bull run. In a recent ask-me-anything session, Pal says that some of Ethereum’s biggest rivals will benefit the most from increasing crypto adoption when markets ultimately pick up again. “As adoption keeps …

Bitcoin analysts give three reasons why BTC price below $20K may be a ‘bear trap’

Bitcoin (BTC) recovered above the $19,000 mark on Sep. 20, a day after falling to its lowest level in three months. Bitcoin struggles after dropping below $20K On the daily chart, the BTC price rose from $18,255 to $19,650. This 7.5% price rebound mirrored similar rebound moves witnessed in the stock market, suggesting that investors …

Enhanced KYC checks can be a win-win for crypto exchanges and consumers — here’s why

Adopting more stringent Know Your Customer (KYC) checks can give crypto exchanges a competitive edge over those that meet minimal standards. Crypto is a fast-moving sector where new trends — decentralized finance and nonfungible tokens among them — accelerate in the blink of an eye. And as demand for digital assets grows, the need for …

Alameda Research ‘happy to return’ $200M loan to Voyager Digital

The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September. Quantitative trading company Alameda Research will return an estimate of $200 million to Voyager Digital, which is proceeding through bankruptcy. Alameda borrowed the funds in cryptocurrencies in September 2021. At that time, the sum was …

$160 million stolen from crypto market maker Wintermute

Wintermute, a cryptocurrency market maker based in the United Kingdom, became the latest victim of decentralized finance (DeFi) hacks for approximately $160 million, according to Evgeny Gaevoy, the company’s founder and CEO. Short communication on the ongoing Wintermute hack — wishful cynic (@EvgenyGaevoy) September 20, 2022 According to Etherscan, over 70 different tokens have been transferred …

U.K. Politics: How Will Liz Truss as PM and the Queen’s Death Impact Crypto?

England’s plans for cryptocurrency and blockchain will likely continue despite a change in leadership. Several leadership changes occurred in the U.K. during the second week of September 2022. Liz Truss replaced Boris Johnson as prime minister. Queen Elizabeth II passed away and was succeeded by King Charles III. Additionally, Kwasi Kwarteng was selected to serve …

Wintermute’s DeFi Operations Suffers $160 Million Hack

Summary: Crypto market maker Winteremute was hacked on Tuesday. Losses from the incident are estimated at $160 million at press time. The hack only affected decentralized finance operations, platform CEO and founder Evgeny Gaevoy tweeted to the community. Gaevoy stressed that Wintermute remains solvent with twice the hack amount in equity. The platform is also …

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