Monthly archives: July 2023

At the time of writing, ETH was priced at $1,870. The daily chart indicated a potential breakout as the price approached the upper boundary of a rectangle pattern. The crucial overhead resistance for Ethereum was identified at $1,880. If the price managed to surpass this level, it could potentially exceed $1,900 and ultimately reach the …

Continue reading “Ethereum Price On The Verge Of Rectangle Pattern Breakout: Is $2000 Within Reach?”

On July 6, 2023, the Multichain Protocol was hit by a massive hack, resulting in the loss of over $125 million worth of cryptocurrency. The attack targeted the protocol’s Fantom bridge, resulting in the theft of valuable crypto assets like WBTC, USDC, DAI, wETH, and Link.  The stolen funds amounted to a staggering $126 million, …

Continue reading “Insider Job? Chainalysis Report Suggests Multichain Attacker Had Inside Connections”

Litecoin price is now back under $100, locked within an ever tightening trading range. The lack of notorious cryptocurrency market volatility in LTCUSD in recent weeks is reminiscent of late 2016 and early 2017 — right before an epic 100x rally. With the signal back, does this mean that another sizable surge is ahead? A …

Continue reading “Pre-100X Litecoin Signal Returns After Six-Year Slump”

New data from Kaiko on July 11 indicates that the correlation between Bitcoin and the Nasdaq Composite Index is at a two-year low. The correlation coefficient between these two assets dropped to less than 1% in early July. At this level, it is at July 2021 lows. The NASDAQ Composite Index tracks the performance of all …

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The surveillance-sharing agreements are a measure recommended by the SEC in March, which says they can prevent fraud and protect investors. News Join us on social networks Exchange operator Cboe Global Markets has amended five spot Bitcoin (BTC) Exchange-Traded Fund (ETF) applications to include a surveillance-sharing agreement (SSA) with Coinbase. On July 11, Cboe amended …

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Former congressional candidate Michelle Bond and her boyfriend, former FTX executive Ryan Salame, are under investigation by Federal prosecutors in Manhattan. According to a new Wall Street Journal report, the couple is being investigated for potential campaign finance law violations. The report states that an investigation is underway to determine if the couple violated federal restrictions …

Continue reading “Federal Prosecutors Probing Former FTX Executive and Girlfriend for Potential Campaign-Finance Violations: Report”

One of the largest banks in the US has agreed to pay a $250 million fine for imposing a series of illegal practices against its customers. According to the Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC), Bank of America charged hidden fees, withheld credit card rewards and opened …

Continue reading “US Banking Giant Pays $250,000,000 Fine for Imposing Hidden Fees, Credit Card Fraud and Opening Customer Accounts Without Permission”

Top cryptocurrency analyst Benjamin Cowen predicts that altcoins are on the verge of witnessing a severe correction against Bitcoin (BTC). Cowen tells his 751,100 Twitter followers that he’s keeping a close watch on the total market cap of altcoins (TOTAL3) against Bitcoin. According to the crypto strategist, the chart suggests that altcoins will witness massive …

Continue reading “Altcoins About To Get Crushed As Bitcoin (BTC) Dominance Prepares To Move Higher: Analyst Benjamin Cowen”

The world’s largest crypto exchange platform by volume is announcing support for a new “intel-to-earn” altcoin project that lets users buy and sell on-chain crypto data. In a new company announcement, Binance says that it’s rolling out support for Arkham (ARKM), the native token of an intelligence exchange where buyers can place bounties on specific …

Continue reading “Binance Announces Support for New ‘Intel-to-Earn’ Altcoin Project Launch”