Popular crypto strategist Michaël van de Poppe believes Bitcoin (BTC) can more than double its value next year despite the widespread negative sentiment in the digital asset markets. In a new strategy session, Van de Poppe tells his 164,000 YouTube subscribers that Bitcoin is currently trading within a wide range with resistance at $18,600 and …
Yearly archives: 2022
Bitcoin exchange withdrawals sink to 7-month low as users forget FTX
Bitcoin (BTC) exchange users have forgotten all about the FTX scandal this Christmas, data shows. According to on-chain analytics firm Glassnode, exchange outflows have now hit their lowest levels in over six months. Still not your keys, still not your coins? As Bitcoin volatility sets a new record low in what is being called “Do …
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ETH staking on top exchanges contributes to Ethereum censorship: Data
For most crypto ecosystems, being compliant with federal sanctions have a negative impact on its global reach. However, when it comes to Ethereum, investors have significant power to decide the degree of compliance the ecosystem obeys. Nearly 60% of all post-Merge Ethereum blocks comply with the United States sanctions put forth by the Office of …
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Hackers drain $8M in assets from Bitkeep wallets in latest DeFi exploit
While many are still enjoying the holiday season, hackers are hard at work, draining around $8 million in an ongoing BitKeep wallet exploit. On Dec. 26, some users of the multichain crypto wallet BitKeep reported that their funds were being drained and transferred while they were not using their wallets. In their official Telegram group, …
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SEC seeks to keep Hinman documents hidden in Ripple case
The United States Securities and Exchange Commission (SEC) has requested to seal the infamous Hinman Speech documents, claiming that they are not relevant to the court’s summary judgment decision. The Motion to Seal Summary Judgment Document was filed by the SEC on Dec. 22, requesting the sealing of various information and documents, most notably the …
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4 ‘emerging narratives’ in crypto to watch for: Trading firm
Despite an eventful year fraught with crypto collapses and price drops, Steven Goulden, a senior research analyst at crypto trading firm Cumberland has pointed to several “green shoots” to break the surface in crypto in 2023. In a 14-page “Year in Review” report released on Dec. 24, Goulden said he saw four “emerging narratives” in …
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Nifty News: Square Enix invests into NFT gaming firm, Beeple speaks on NFT art future and more…
NFT-friendly Japanese gaming giant Square Enix has invested 7 billion yen ($52.7 million) into game developer Gumi to create “high-quality” mobile games, blockchain games and a Metaverse initiative, among other things. Gumi mobile games: Gumi According to a translation of the press release, the partnership will help Gumi tap certain intellectual property from Square Enix, while …
North Korean hackers stealing NFTs using nearly 500 phishing domains
Hackers linked to North Korea’s Lazarus Group are reportedly behind a massive phishing campaign targeting non-fungible token (NFT) investors — utilizing nearly 500 phishing domains to dupe victims. Blockchain security firm SlowMist released a report on Dec. 24, revealing the tactics that North Korean Advanced Persistent Threat (APT) groups have used to part NFT investors …
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400M Twitter users’ data is reportedly on sale in the black market
400 million Twitter users’ data containing private emails and linked phone numbers have reportedly been up for sale on the black market. Cybercrime intelligence firm Hudson Rock highlighted a “credible threat” via Twitter on Dec. 24 in which someone is supposedly selling a private database containing contact information of 400 million Twitter user accounts. “The …
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BTC block time reaches yearly high as mining hash rate plunges amid arctic blast
Bitcoin mining mean hash rate dropped by over 45% between Dec. 24 and 25 as major miners curtailed or shut operations amid the winter storm. 2 min read Updated: December 25, 2022 at 11:17 pm Cover art/illustration via CryptoSlate The arctic blast in the US has already claimed at least 22 lives and temperatures could …
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SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering
The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the development of which had not even started at the time. U.S. Securities Regulator Accuses Thor Technologies’ Management of …
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Peter Schiff Advises Selling Bitcoin Today — Says It’s ‘the Smart Move’
Gold bug and economist Peter Schiff has recommended selling bitcoin today, emphasizing that it is “the smart move.” Many people disagreed with Schiff’s analysis of the price of the cryptocurrency, warning that he is telling investors to sell at the bottom. Peter Schiff’s Bitcoin Advice Gold bug and economist Peter Schiff has a Christmas message …
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Mark Cuban: Bitcoin Is a Good Investment, Gold Investors Are Dumb
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says bitcoin is a good investment. The billionaire wants the price of the cryptocurrency to fall further so he can buy some more. Meanwhile, he insulted gold investors, calling them “dumb as f***.” Mark Cuban Prefers Bitcoin Over Gold Shark Tank …
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Bitcoin hashrate recovers after big freeze shuts down miners
Bitcoin’s network hashrate has returned to regular levels again, days after freezing temperatures across the United States put a strain on the nation’s electricity grid — leading to a temporary drop in hashrate. In the days leading up to Christmas, bone-chilling temperatures swept across the United States, leading to millions without power and claiming at …
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Akon’s Wakanda: a shattered crypto dream or still a possibility?
Akon, an R&B artist, claims that his long-delayed plans for Akon City, a metropolis in Africa on the coast of Senegal, are “100% moving.” He […] Go to Source