As of Oct. 14, 2024, bitcoin (BTC) is trading at $64,905, with its 24-hour range spanning from $62,059 to $64,915. The leading cryptocurrency’s market capitalization sits at $1.28 trillion, while 24-hour trading volume has reached $29.38 billion. Current market data suggests bitcoin is in a consolidation phase just below $65,000, with bullish momentum appearing to […] Source: https://news.bitcoin.com/bitcoin-technical-analysis-bulls-poised-for-breakout-as-price-hovers-near-65k/
Month: October 2024
Liquidity protocol DeFi Edge halts deposits, affecting crypto investors
The liquidity management app’s team had previously stated that some strategies would be “delisted,” but the new deposit block affects all strategies. Source: https://cointelegraph.com/news/de-fi-edge-liquidity-manager-blocks-all-deposits-halts-management?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Pepe Holder Loses $1.4 Million in Uniswap Permit2 Phishing Attack
Uniswap Permit2 signing, which started as a tool to simplify token approvals, has now become a common attack vector in the DeFi ecosystem. A PEPE token holder became the latest victim of a phishing scam, losing $1.39 million worth of crypto after unknowingly signing a malicious Uniswap Permit2 transaction. According to cybersecurity firm ScamSniffer, the stolen assets, including Pepe (PEPE),…
SUI price rally sparks $400M insider selling allegations
Despite the concerns, the SUI token staged an over 120% rally in the past month. Source: https://cointelegraph.com/news/sui-price-rally-400-m-insider-selling-allegations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ivory Coast’s Waribei Fintech Startup Raises Funds to Boost Small Business Support
Ivorian fintech startup Waribei raised $820,460 in pre-seed funding to expand its platform, which aims to streamline financial transactions for small businesses in Francophone West Africa. Waribei focuses on understanding the specific needs of merchants and aims to provide solutions that address their liquidity challenges. Addressing Liquidity Woes for Small Businesses Ivory Coast, also known […] Source: https://news.bitcoin.com/ivory-coasts-waribei-fintech-startup-raises-funds-to-boost-small-business-support/
UAE stablecoin issuer gets nod from central bank
With Tether waiting in the wings, AED Stablecoin becomes the front-runner to launch the United Arab Emirates’ first regulated dirham-pegged token. Source: https://cointelegraph.com/news/uae-central-bank-aed-stablecoin-approval?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Avalanche-Based ‘Off the Grid’ Tops Epic Games’ Free Game Charts
Off the Grid has proven popular among battle royale fans, who praise its mechanics and gameplay. Still in its early access stages, Off the Grid reached the top spot in the Epic Games Store and is set to issue GUN, its token, allowing players to use it to build an economy based on NFT items. […] Source: https://news.bitcoin.com/avalanche-based-off-the-grid-tops-epic-games-free-game-charts/
Prediction markets rise 565% in Q3, fueled by US elections
Decentralized prediction markets could offer more accurate predictions for the US elections than traditional polling systems, according to Elon Musk. Source: https://cointelegraph.com/news/us-election-drives-crypto-prediction-markets-growth-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
5 things to know as Bitcoin price heads for $65,000
Bitcoin starts the week with a push toward BTC price resistance as $65,000 becomes the key level to flip. Source: https://cointelegraph.com/news/5-things-to-know-bitcoin-price-heads-65-000?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Publicly-listed Samara Asset Group to buy Bitcoin using $33M bond
Samara Asset Group CEO Patrick Lowry said “it would be a dream” to stack as much Bitcoin as MicroStrategy co-founder Michael Saylor. Source: https://cointelegraph.com/news/samara-ag-buy-bitcoin-30-million-euro-bond?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound