Bitcoin ‘could’ consolidate for ‘4 or 5 months,’ but big cup and handle looks promising — Analyst

Bitcoin (BTC) stayed below the $33,000 mark on July 9 with a fresh price dip also putting an end to altcoin strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price flips $33,000 supportData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged below a previous support level into Friday.Earlier in the week, $33,000 saw multiple…

Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan. 178 Total views 10 Total shares London-based cryptocurrency exchange Exmo is the latest crypto trading platform to formally suspend its business in Russia and Belarus due to Russia’s invasion of Ukraine.Exmo is selling its digital asset business in Russia…

Dubai does not have an official cryptocurrency, officials state. 3507 Total views 8 Total shares As a tech-friendly region, Dubai is never short of new and promising projects, including crypto and blockchain,  but the influx of new cryptocurrencies makes it harder for newcomers to distinguish shady campaigns from reliable ones. The Dubai Media Office announced that…

CryptoQuant CEO Ki Young Ju says Bitcoin is still vulnerable to “speculative FUDs,” giving smart money a way to buy up cheap Bitcoin.

A number of pools using Vyper have been exploited due to a malfunctioning reentrancy lock that potentially exposes all pools with wrapped Ether (WETH). 136 Total views 1 Total shares Decentralized finance (DeFi) protocols are undergoing a stress test following a critical vulnerability was found on versions of Vyper programming language, resulting in the theft…

MASAK found Binance Turkey guilty of violating the Law on Prevention of Laundering Proceeds of Crime, also known as the AML Law. 579 Total views 35 Total shares The Financial Crimes Investigation Board (MASAK) has fined Binance Turkey 8 million lira (nearly $750,000) after the crypto exchange failed the financial watchdog’s audit for monitoring Anti-Money…

The Moscow municipal government is planning to launch a blockchain-based city innovation cluster by summer 2019, Russian news agency TASS reports on Feb. 11.The upcoming platform for the city’s IT innovation cluster will enable participants to find potential partners, as well as learn about their products and equipment, according to Alexey Fursin, Head of the…

The Series A funding round was led by BITKRAFT Ventures, an esports-focused venture capital firm. A.Capital Ventures, IDEO, CoLab, Mechanism Capital and ParaFi Capital also participated in the raise, as did several angel investors. 132 Total views 1 Total shares Yield Guild Games, also known as YGG, has received the backing of several venture firms…

Bioniq CEO Bob Bodily talks about Ordinals and the need for covenants on the Bitcoin network at Bitcoin 2024.