Indian cryptocurrency exchange Wazirx is working to resume withdrawals after a major security breach compromised a multisig wallet, resulting in the theft of over $230 million. The exchange has paused deposits, withdrawals, and trading, and launched a $23 million bounty program to recover the stolen assets. Within 24 hours, Wazirx received over 80 intents for […] Source: https://news.bitcoin.com/wazirx-withdrawals-and-trading-paused-for-all-users-over-80-bounty-intents-received-within-24-hours/
Month: July 2024
Bitcoin trader sees 2 months to all-time high as China cuts key rates
Bitcoin adds a Chinese rate cut to its existing bag of bullish BTC price events as bulls stare down final resistance. Source: https://cointelegraph.com/news/bitcoin-trader-2-months-all-time-high-china-cuts-rates?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation
Ethereum’s price on July 22, 2024, stands at $3,497, showing a dynamic interplay of market forces. The cryptocurrency’s recent movements exhibit consolidation with a potential bullish resurgence. Ethereum The 1-hour ETH/USD chart reveals critical support at $3,411 and resistance at $3,565. Ethereum’s price has been oscillating within these boundaries, with noticeable volume spikes at pivotal […] Source: https://news.bitcoin.com/ethereum-technical-analysis-eth-eyes-bullish-rebound-amidst-consolidation/
Mt. Gox prepares for repayments on Bitstamp, executes test transactions
Another wave of Bitcoin could be flooding the market as Mt. Gox prepares to continue creditor repayments. Will 99% of the Mt. Gox creditors really sell their Bitcoin? Source: https://cointelegraph.com/news/mt-gox-bitcoin-repayments-bitstamp-test-transactions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
$235M WazirX exchange hack has implications for India’s crypto industry
North Korean hackers are suspected to be involved in the $235 million hack of Indian cryptocurrency exchange WazirX. Source: https://cointelegraph.com/news/235m-wazirx-crypto-exchange-hack-india?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Paraguay miners urge state electricity board to reconsider upcoming price hike
Capamad spokesperson Jimmy Kim claims that the electricity price increase, set for Aug. 1, may force 70% of legal crypto miners out of business. Source: https://cointelegraph.com/news/paraguay-crypto-miners-warn-electricity-price-hike?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Real Bedford FC boosts Bitcoin stash with $4.5M acquisition
Real Bedford FC expands its Bitcoin holdings with a strategic purchase of 66.9 BTC at an average price of approximately $67,220 per Bitcoin, reinforcing its commitment to cryptocurrency. Source: https://cointelegraph.com/news/real-bedford-fc-bitcoin-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto community marks 10-year Ethereum ICO anniversary with global events
The Ethereum initial coin offering launched on July 22, 2014, marking the beginning of the blockchain’s journey. Source: https://cointelegraph.com/news/crypto-ethereum-ico-anniversary-10-year?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Traders Have ‘Not Priced In’ Possible Trump Victory, Says Bernstein
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Bernstein analysts are closely monitoring seven key crypto stocks as former President Donald Trump prepares to address the Bitcoin Nashville conference on July 27. The research…
Infinity Hash: Innovating Passive Income With Bitcoin Mining
Bitcoin Mining Today: Challenges and Investment Choices Despite renewed interest in Bitcoin mining investments, substantial barriers still limit accessibility for the average person. High electricity costs, combined with capital and knowledge requirements can make it challenging to obtain a profit. Investors that don’t have the time, money, or geographical location are left with essentially two […] Source: https://news.bitcoin.com/infinity-hash-innovating-passive-income-with-bitcoin-mining/