Bitcoin bulls have their work cut out, and the weekly close is the first hurdle — the BTC price rebound must flip $59,000 to support. Read More at https://cointelegraph.com/news/bitcoin-needs-59-1-k-weekly-close-btc-price-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
Cumberland buys the dip? Trading firm deposits $95M to exchanges
Lookonchain said that Cumberland has already injected nearly $6.28 billion into the crypto markets since October 2023. Read More at https://cointelegraph.com/news/cumberland-invests-95m-crypto-market-dip?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DeFi protocol Nexera hacked for $1.5 million via smart contract exploit
Nexera’s token contract has been paused and the team advises crypto investors to stop trading the NXRA token. Read More at https://cointelegraph.com/news/nexera-hack-1-5-million-nxra-token?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
California county to regulate Bitcoin ATMs backed by state laws
Chico, California, looks to state and local regulations to oversee Bitcoin ATMs, aiming to limit fraud and ensure transparency. Read More at https://cointelegraph.com/news/chico-california-regulates-bitcoin-atms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Unizen hacker transfers $2.1M stolen funds to Tornado Cash
The hacker’s use of Tornado Cash marks the first movement of the stolen Unizen funds since March, heightening security concerns. Read More at https://cointelegraph.com/news/defi-protocol-hacker-siphons-2-1m-unizen-loot?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ‘ghost month’ started with a 20% BTC price flash crash — What’s next?
Bitcoin prices have seen flash crashes during each ghost month since 2017, and 2024 appears to be no different. Read More at https://cointelegraph.com/news/bitcoin-ghost-month-start-20-btc-price-flash-crash?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Web3 ecosystem thrives as AI DApps capture 28% market share
AI-based DApps have not only overtaken gaming but also set the stage for future innovations in the decentralized application space. Read More at https://cointelegraph.com/news/web3-growth-ai-dapps-capture-28-market-share?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin needs 'low $40,000s' for best bull market entry — 10x Research
A crypto analyst argues that Bitcoin’s price needs to return to levels seen around the launch of spot Bitcoin ETFs for an optimal entry point. Read More at https://cointelegraph.com/news/bitcoin-40k-price-bull-market-entry-10xresearch-crypto-traders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong virtual bank Mox Bank launches crypto ETF trading
The Standard Chartered subsidiary says it’s the first bank of its kind to offer spot Bitcoin and Ether ETF trading to customers. Read More at https://cointelegraph.com/news/hong-kong-virtual-bank-mox-bank-launches-crypto-etf-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock's spot Ether ETF amasses nearly $900M since launch
BlackRock’s iShares Ethereum Trust, known also as ETHA, has almost hit $900 million in total inflows after just 11 trading days. Read More at https://cointelegraph.com/news/blackrock-spot-ether-etf-rakes-nearly-900-million-since-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound