Bitcoin (BTC) set new multi-month lows on Jan. 24 as the new week began with some classic price behavior. BTC/USD 1-minute candle chart (Binance). Source: TradingView “Rangeplay” for BTC after CME gap fill Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $32,967 on Bitstamp prior to the Wall Street open Monday. That level represented the start of a…
Bitcoin has fallen below $34,000 after hitting a slight rebound over the weekend. The price drop is the latest episode in a brutal start to 2022 for the entire crypto market. On January 22, Bitcoin fell to $34,500 before rebounding slightly to open today at a price of $36,300. The optimism has been short-lived, however, as the leading cryptocurrency has…
The Twitter account of the Russian crypto exchange Latoken seems to have been breached by a hacher that started posting allegations that the exchange is a scam. According to the posts, the exchange is promoting “scam IEOs” and misleading their customers. WARNING – THIS IS A SCAM EXCHANGE They are promoting scam IEOs. They are promoting IEOs promising growth of…
An investigation by the Delhi Police’s Intelligence Fusion and Strategic Ops (IFSO) division, which spanned five months, has reportedly revealed that Hamas was behind a cryptocurrency wallet hack, per the Times of India. Per the Times of India report, the cryptocurrency theft was worth $536,000 by today’s prices. The funds were reportedly sent through various private wallets before reaching the…
A bug in the front end of popular nonfungible token (NFT) marketplace OpenSea has reportedly led to an exploit allowing users to buy popular NFTs at their previous listing price. The bug seems to be prevalent with Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collectibles, where the exploiter managed to buy them at their old…
Solana (SOL)—now valued at $86—has crashed by more than 16% during the last 24 hours and roughly 40% over the previous week, during what has been a brutal price crash for the broader crypto market. SOL’s current price is now a full 68.3% shy of its all-time high of $259, set on November 6, 2021. Elsewhere in the crypto market,…
Gender is associated with both psychological and demographic factors when it comes to crypto investment, new academic research revealed. A new study has shed light on the differences between men and women in different aspects of crypto trading and investment, revealing that 60% of women have very limited or no knowledge about crypto assets, a critical element affecting investments, while…
With over $12.2 billion is total value locked (TVL) across its ecosystem, Fantom has overtaken the Binance Smart Chain (BSC) to become the third-largest crypto protocol in decentralized finance (DeFi), according to data from DefiLlama. Fantom belongs to the new generation of proof-of-stake blockchains looking to compete with Ethereum by solving scalability problems like the cost of transactions, throughput, and…
The Luna Foundation Guard, a new decentralized organization developed to support the Luna ecosystem, has been launched last week in Singapore. The institution will offer funding in the form of grants to support initiatives built on top of the Luna network. One of its biggest functions will be to establish a “forex reserve” that will aid UST, the companion stablecoin…
Bitcoin (BTC) has just reentered a key price zone which has signalled the beginning of the end for bear phases, data confirms. In a tweet on Jan. 24, Charles Edwards, founder of crypto investment firm Capriole, flagged Bitcoin’s network value to transaction (NVT) ratio metric as it delivered a new and rare “oversold” signal. NVT says it’s reversal time Bitcoin…
