Bitcoin return to $71K would wipe $1.38B shorts

A majority of the phishing attacks recorded have been conducted on social media platforms that do not have account verification features. 239 Total views 5 Total shares As Web3 adoption goes further and more beginners enter the space, hackers are becoming more active, with more phishing attacks being recorded in the latest quarter of 2022…

A doctoral candidate posted the results of a survey on Bitcoin security from his thesis to Reddit on April 30. 857 Total views 23 Total shares A survey posted to Reddit shows that most crypto holders store the majority of their Bitcoin in hardware wallets and keep a backup of the private keys on a…

Bank of New York Mellon will not be held to SEC accounting practices for client crypto custody after a review.

A large part of the current crypto bull run has been driven by institutional demand. But for the first time, the institutions may be stepping back. According to CryptoQuant, the Coinbase Premium Index — the difference in Bitcoin’s (BTC) price on Coinbase Pro and Binance — has turned negative, which suggests that pro traders may…

Analysts say upcoming rate cuts could be a boon for Bitcoin’s price action but the market is still in “wait and see” mode.

Since the start of February, Harmony (ONE) has rallied by 230% and while the proof-of-stake smart contract platform benefited from Ethereum’s skyrocketing gas fees, the recent meteoric rise appears to be driven by more fundamental factors.Harmony (ONE), ATOM, SOL, NEAR, OMG at Binance. Source: TradingViewAlthough other scaling-focused solutions such as Cosmos (ATOM), Solana (SOL), NEAR,…

The president of the Swiss Confederation, Ueli Maurer, has stressed that establishing regulation for the blockchain sector should be fast and clear. Maurer made his remarks at the CV Crypto Valley Summit in Zug on Wednesday, according to a report from local financial news agency FinNews on March 27.Maurer — who is also the country’s…

Gold and Bitcoin as safe havens may be about to outperform stocks, a Bloomberg strategist says. Huge gains in stock markets despite the dire economic consequences of coronavirus may soon be a thing of the past, one analyst warns.In a tweet on Sep. 4, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, said that gold…

Bitcoin (BTC) hodlers are beating out speculators in a sign that the cryptocurrency’s bull run is “just beginning,” data suggests.Part of asset manager Grayscale’s Valuing Bitcoin report issued this month, the Hodler vs. Speculator Index (HSI) is showing highly bullish divergence.Grayscale notes “similar structure to early 2016”HSI measures Bitcoin activity from wallets in order to…