Bitcoin $110K setup 'still in play' but analysts warn of sub-$40K dip first
Could Bitcoin see a correction below $40,000 before breaking out toward a six-figure valuation?
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Treasury official acknowledges most crypto transactions are ‘legitimate’ but still anticipates additional sanctions
“The vast majority of digital assets are being used for legitimate purposes, but for those that are primarily in the business of furthering criminal enterprises, we plan to use our tools to go after them,” said Wally Adeyemo. 753 Total views 16 Total shares Wally Adeyemo, the Deputy Secretary of the United States Department of…

‘Something sure feels like it’s about to break’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance?The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has not happened since June 2020. As cold feet over the macro market outlook continues to be the norm, there seems little…

Ethereum Price Aims for $300 But M-Top Could Reverse the Trend
The recent Bitcoin (BTC) price correction inflicted double-digit losses on many altcoins and while Ether (ETH) also took a knock, it recovered quickly compared to the price action of other top-ten altcoins. Since dropping 17.67% to $237.62 on Feb. 16, Ether has rallied 20.78% to $285.99, less than $5 away from its 2020 high at…

Crypto sleuth investigates suspect in Sydney Sweeney’s hack
On-chain detective ZachXBT has linked the convicted U.K. hacker Gurvinder Bhangu to Sydney Sweeney and Bob Odenkirk’s crypto hacks.

Co-founder of defunct exchange QuadrigaCX allegedly runs Wonderland
In a series of twitter posts published Jan. 27, decentralized finance (DeFi) investigator zachxbt seemingly unveiled the true identity of previously anonymous QuadrigaCX co-founder Michael Patryn, doxxing him to be that of @0xSifu, the founder of DeFi protocol Wonderland.1/ This needs to be shared @0xSifu is the Co-founder of QuadrigaCX, Michael Patryn. If you are…

Colorado is now accepting tax payments in cryptocurrency, as Gov. Polis promised
The Colorado Department of Revenue offers tax payment through the PayPal Cryptocurrency Hub for personal taxes; businesses are not eligible yet. 89 Total views 14 Total shares The American state of Colorado now accepts cryptocurrency for tax payments, Gov. Jared Polis announced on Monday. The option is already available on the state Department of Revenue…

Bitcoin braces for US inflation data as CPI nerves halt BTC price gains
Another surprise inflation increase could make things "ugly" for crypto markets, one trader warns, with hours left before the CPI release. 354 Total views 21 Total shares Bitcoin (BTC) hit multi-day lows into Aug. 10 as crypto traders braced for impact with fresh United States inflation data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Market "could…

Winklevoss’ Gemini Crypto Exchange Hires New Chief Security Officer
Gemini, the cryptocurrency exchange and custody founded by the Winklevoss twins, has hired cybersecurity expert David Damato as its new chief security officer (CSO). Damato was previously the CSO of cybersecurity firm Tanium. Tyler Winklevoss announced the new hire in an official blog post on Aug. 19. According to the blog, Damato previously created and led…