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

The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions. 114 Total views 2 Total shares Cream Finance, a major decentralized finance (DeFi) protocol focused on lending, has suffered a major exploit, with a hacker stealing nearly $19 million from its platform.An unknown…

The global economy is experiencing massive shockwaves due to the continuing global coronavirus pandemic. Markets are at record levels of volatility, seeing historic swings in both directions on a near-daily basis. In the midst of the crisis, pundits and talking heads on television are switching tunes like a DJ quickly rotating through songs. One day…

Bitcoin (BTC) and several altcoins surprised many with their newfound strength during the weekend. Bitcoin’s rally easily sliced through the $45,900 level, which according to Glassnode was an area of resistance because several investors had purchased near that level when Bitcoin was declining after hitting its all-time high in November.Bitcoin’s strength may have attracted buying…

Richard Handler alleged that he offered restructuring services to FTX that might have saved it, but exchange reps refused to meet with him. 202 Total views 2 Total shares Richard Handler, CEO of Jefferies Financial Group, seemingly alleged on Nov. 10 that he knew about FTX’s liquidity problems back in July. In a Twitter thread,…

Robinhood has renewed its global expansion plans by acquiring the British crypto firm Ziglu after aborting its U.K. expansion back in 2020. 519 Total views 19 Total shares Robinhood, a major cryptocurrency-friendly stock trading app, is pushing global expansion by acquiring the United Kingdom-based crypto asset firm Ziglu.Robinhood officially announced Tuesday that it had signed…

One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling.  

The alleged ringleader of a notorious Telegram sex crime chat group has been paraded in public after millions signed a petition demanding the Korean Government publicly name him.Cho Ju-bin, 24 — who went by the username ‘Banksa’ or ‘doctor’ — was arrested and charged last week along with 17 others for distributing and selling photos…

Continued adoption of nonfungible tokens across a variety of industries from video gaming, music, art and digital collections could see the sector valued at $231 billion by 2030. 325 Total views 4 Total shares A market report published by Verified Market Research (VMR) provides a lofty prediction for the future of the nonfungible token (NFT)…

The Ethereum layer-2 solution is leveraging Chainlink for blockchain interoperability and real-world price data.