Bitcoin price hits $70K as spot and BTC ETF buying surges
Analysts believe Bitcoin price is en route to new highs now that the recent consolidation phase has come to an end.
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Best Weekly Close Since $20K? 5 BTC Price Factors to Watch This Week
Bitcoin (BTC) begins a new week at over $11,000 after a wild weekend saw the market crash $1,200 in minutes — will the chaos continue?Cointelegraph gives you five factors that could easily impact Bitcoin price action over the coming days. Bitcoin futures gaps keep buildingMore than usual, this week looks set to be big in terms…
TORN price sinks 45% after U.S. Treasury sanctions Tornado Cash — rebound ahead?
TORN is near a historically strong support range, eyeing a 75% rebound by September 2022. 211 Total views 3 Total shares Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped with sanctions by the U.S. Treasury Department.The department accused Tornado Cash, a crypto mixer platform, of laundering more than…
ChatGPT and other AIs could play a big role in driving more users to crypto
It’s no secret that bear markets are challenging. A quick scan of top projects of any past market cycle will unveil how many once-promising projects have faded into oblivion. While these cycles are often discouraging, many fail to realize that with every market downturn comes the opportunity for innovation toward a stronger future for Web3.…
Blockchain enthusiast allegedly losses $500k by sending WETH to contract address
While the contract does wrap ETH sent to the address into WETH, the opposite is not true. 1124 Total views 29 Total shares In a now-deleted deleted profile, an anonymous Reddit user allegedly lost close to $500 thousand on Sunday after sending wrapped Ether (WETH) directly into a WETH wrapping smart contract. WETH came into…
Summer doldrums? Crypto volumes are down 55%, according to CoinShares
Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows. 133 Total views 15 Total shares Crypto investment products registered minor weekly outflows last week as volumes plunged to their second-lowest levels of the year, signaling weak demand among institutional investors during the tail end of summer.Outflows from…
Crypto wallet firm Ledger integrates tax solution to simplify reporting
The new tax integration aims to relieve crypto investors from having to manually calculate their tax bills. 988 Total views 39 Total shares Major cryptocurrency hardware wallet provider Ledger is moving to help crypto investors keep track of their taxes by integrating a new crypto tax-related solution.Ledger has partnered with cryptocurrency tax software ZenLedger to…
Bitcoin price sees firm rejection at $24.5K as traders doubt strength
$24,500 keeps control on hourly timeframes as gains for both Bitcoin and Ethereum are quickly extinguished. 579 Total views 30 Total shares Bitcoin (BTC) returned to range resistance on Aug. 17 amid ongoing concerns that a retracement is imminen.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo success for Bitcoin bullsData from Cointelegraph Markets Pro and TradingView…
New Ransomware Uses a Banking Trojan To Attack Governments and Companies
A new type of ransomware attack emerged in recent months, raising red flags among the cybersecurity community and authorities such as the FBI in the United States. Cybersecurity firm Group-IB has warned that it comes in the form of a Trojan, according to a report published on May 17.According to Group-IB’s study, the ransomware is…