BTC price targets are increasingly looking for a rematch with last month’s lows as Bitcoin chartists highlight formidable resistance levels. Read More at https://cointelegraph.com/news/arthur-hayes-sub-50k-btc-price-bitcoin-risks-trend-shift?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Crypto venture capital funding surges to $633M in August rebound
Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development. Read More at https://cointelegraph.com/news/crypto-vc-funding-rebounds-august?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ripple co-founder signs letter endorsing Harris for president
Previously, former Ripple’s board member Gene Sperling left the White House to join Kamala Harris’ 2024 presidential campaign. Read More at https://cointelegraph.com/news/ripple-chris-larsen-endorses-kamala-harris-president?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Rare Ape CryptoPunk sells for $1.5M amid market downturn
CryptoPunk #6915, one of only 24 Apes, saw offers earlier this year of over $6 million, marking a 78% drop in value. Read More at https://cointelegraph.com/news/rare-ape-cryptopunk-sells-1-5m?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs. Read More at https://cointelegraph.com/news/riot-platforms-holds-10000-bitcoin-focuses-on-expansion-amid-mining-challenges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
X complies with EU data laws, stops AI chatbot data collection
X resolves its legal battle with the European Data Protection Commission by agreeing to halt AI data collection practices and erase user data, safeguarding privacy rights in the EU and EEA. Read More at https://cointelegraph.com/news/x-complies-eu-data-laws?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Telegram changes FAQ language on illegal content moderation after CEO’s arrest
Telegram altered the wording of its answer to an FAQ on moderating illicit content saying it’s unable to process requests for private chats. Read More at https://cointelegraph.com/news/telegram-illegal-content-moderation-faq-language-change?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Magic Eden faces backlash over US service segregation
Magic Eden’s US-exclusive domain introduces service restrictions, sparking frustration over feature limitations like airdrops. Read More at https://cointelegraph.com/news/magic-eden-us-domain-launch-segregates-users-nft-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hacker praised after $27M crypto heist from Penpie DeFi protocol
The $27 million Penpie hack caught the attention of the notorious Euler Finance hacker, who sent an onchain message to a fellow criminal. Read More at https://cointelegraph.com/news/penpie-defi-hack-27m-euler-hacker-message?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin traders brush off September blues, say closing price may ‘surprise the bears’
Tyr Capital’s chief investment officer thinks Bitcoin is more likely to finish September above $60,000 than below. Read More at https://cointelegraph.com/news/bitcoin-price-september-may-surprise-bears?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound