Bitcoin price correction 'very common' if $56K lows hold — Peter Brandt

May 2, 2024
The Last Cryptocurency
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Cointelegraph Feed

Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000.

Massachusetts Senator Elizabeth Warren is once again smearing the cryptocurrency industry and attempting to make Americans more dependent on big banks. Warren vowed in February to reintroduce the Digital Assets Anti-Money Laundering Act, a proposal that went nowhere when she first introduced it with Kansas Senator Roger Marshall in December 2022. While the proposal’s stated purpose…

BRICS Summit: Major Banks From Member States Sign MoU on DLT Research

Five major banks from each BRICS member state signed a Memorandum of Understanding (MoU) on the development of distributed ledger technology (DLT), according to an official press release July 26. During the 10th International BRICS Summit in Johannesburg, banks from the emerging economies of Brazil, Russia, India, China and South Africa agreed to a joint…

Ethereum traders reduce their bullish bets as ETH struggles reclaim $3K

Ether (ETH) is still in troubled waters after failing to break a five-week-long descending channel top for the third time in a row. The March 2 test of the $3,000 resistance was followed by a 17.5% correction in five days, which signals that buyers are somewhat reluctant to defend the price.To date, Ether suffers from…

Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case

Ryan Salame plans to plead the Fifth if he is asked to testify at Sam Bankman-Fried's criminal trial, according to United States prosecutors. 368 Total views 33 Total shares Former FTX executive Ryan Salame will reportedly avoid testifying about his role in FTX’s alleged illegal campaign donation scheme if he is subpoenaed in Sam Bankman-Fried’s…

Bybit exchange hacked, over $1.4 billion stETH moved

A hacker took control of an ETH cold wallet on the Bybit exchange on Feb. 21, stealing over $1.4 billion in funds in the process.

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Starknet rolls out parallel execution in latest update

Starknet’s v0.13.2 upgrade brings faster transactions with parallel execution, redefining Layer 2 scaling on Ethereum.

Bitcoin price drops 3% on hot US PCE data as analyst says $84K must hold

Bitcoin (BTC) sought a local bottom on March 28 while US inflation data came in higher than expected. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin wobbles as PCE comes in hot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $85,500 at the Wall Street open before reversing. Down over 3% on the day

Payment Service Square is Hiring Crypto Engineers, Offers Salaries in Bitcoin

United States-based payment platform Square is hiring cryptocurrency engineers and is offering to pay them in digital currency, according to a tweet published by Twitter and Square CEO Jack Dorsey on March 20.In the tweet, Dorsey announces that “Square is hiring 3–4 crypto engineers and one designer to work full-time on open source contributions to…

Mark Cuban officially backs Polygon

The Ethereum-based scaling solution recently appeared on the Mark Cuban Companies website, seemingly affirming his investment in the project. 4009 Total views 8 Total shares Billionaire investor Mark Cuban has thrown his weight behind Polygon, according to a new disclosure on one of his websites, offering further evidence that wealthy investors are tapping into the…

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