Analyst says spot Bitcoin ETFs used for ‘massive market manipulation’ — Is he right?
Some analysts believe Bitcoin’s price action is being negatively affected by various market manipulators. Is there any sense to this accusation?
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BTC price may need a $24.4K dip as Bitcoin speculators stay in profit
Bitcoin (BTC) has room to drop below $25,000 to flush out a recent influx of speculators, research shows.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode flagged the ongoing influence of “short-term holders” (STHs) on BTC price action.Profitability reset point lies below $25,000BTC/USD has struggled to overcome $30,000 resistance in…

Pakistan Telenor Subsidiary Launches Remittance Service Using Alipay’s Blockchain Tech
The Pakistan-based subsidiary of global telecommunications giant Telenor has launched a blockchain-powered cross-border remittance service, according to a press release published Jan. 8.Per the announcement, the Pakistan-based Telenor Microfinance Bank (TMB), Valyou — a Malaysian fintech subsidiary of Telenor — and Telenor’s Easypaisa have jointly launched a blockchain-based international remittance service in Pakistan. The service…

Crypto trader gets sandwich attacked in stablecoin swap, loses $215K
A crypto trader fell victim to a sandwich attack on March 12, losing over $215,000, and one industry pundit suspects they may have been attacked another five times on the same day. A crypto trader fell victim to a sandwich attack while making a $220,764 stablecoin transfer on March 12 — losing almost 98% of

Bitcoin Back Under $8K — Next Is $7.4K If Support Zone Breaks: Analyst
Friday, Oct. 18 — Bitcoin (BTC) has lost support at $8,000 again after a brief recovery ended up further downward selling pressure. Cryptocurrency market daily overview. Source: Coin360Bitcoin eyes lower support bandsData from Coin360 showed BTC/USD briefly hit $7,850 on Friday before rebounding to just above $7,900. The latest dip capped daily losses of up to 2%…

SBF was ‘very resistant’ to investors on FTX board: Paradigm co-founder
Matt Huang said he was led to believe that Alameda Research was not being provided any special treatment by FTX. 273 Total views 4 Total shares Sam Bankman-Fried was “very resistant” to having investors join the board of directors at FTX, claims Matthew Huang, the co-founder and managing partner of crypto investment firm Paradigm.Paradigm and

NFL star’s massive tax bill highlights problems with BTC salaries
NFL Star Odell Beckham Jr's (OBJ) decision to take his $750,000 salary in Bitcoin appears to have cost him dearly due to the market crash after he signed the deal. Owing to the vagaries of cryptocurrency tax laws and current prices, OBJ is estimated by some to have made 61% less than if he’d taken…

UNICEF Giga NFTs to connect schools in developing countries to internet
The popularity of NFTs drives fundraising experiments for UNICEF's Giga initiative to connect more schools around the world to the internet. 262 Total views 3 Total shares Developed countries often take for granted the ubiquity of the internet. But the reality is that some 2.9 billion people still don’t have connectivity to the world wide…

Crypto Insurance Market to Grow, Lloyd’s of London and Aon to Lead
The cryptocurrency insurance market is expected to grow at a faster rate if United States regulators provide more regulatory clarity, according to industry experts.As Forbes reported on Sept. 5, CEO of San Francisco-based cybersecurity agency Coalition, Joshua Motta suggested that the market for digital currency insurance is now worth between $200 million and $500 million…