Bitcoin shorters ‘are getting rekt’ after new $75K high

According to CertiK, investors should be highly skeptical of free NFT giveaways, as well as small peculiarities in sites they interact with. 140 Total views 3 Total shares On June 4, the popular nonfungible token, or NFT, project Bored Ape Yacht Club (BAYC) suffered its third security compromise this year. Nearly 142 Ether (ETH) ($250,000) worth…

The Efinity Metaverse Fund will focus on seed equity investments for projects building Efinity. 304 Total views 3 Total shares Blockchain gaming platform Enjin is establishing a new fund to support the development of the metaverse ecosystem and make it more decentralized.Enjin, a startup behind the nonfungible token (NFT)-focused blockchain Efinity, has formed a $100-million…

Holding true to their promises made last year, Block (formerly Square) plans to develop open-source Bitcoin mining systems and hardware wallets in 2022. 686 Total views 21 Total shares In two recent job postings on LinkedIn, Jack Dorsey’s Block (formerly Square) revealed the group’s plans to develop “the next generation of mining ASIC,” and make…

The study found that banks mostly held volatile cryptocurrencies and had little exposure to stablecoins. 121 Total views 3 Total shares According to a new study published by the Basel Committee on Banking Supervision, a supranational organization responsible for setting standards on bank capital, liquidity, and funding, 19 out of 182 global banks supervised by…

Both Tom Brady and Gisele Bündchen will take equity stakes in FTX Trading and receive crypto as part of an endorsement deal with the crypto exchange. 232 Total views 2 Total shares Seven-time Super Bowl champion Tom Brady and Brazilian supermodel Gisele Bündchen are the latest celebrities to reaffirm the growing adoption of the cryptocurrency…

Bitcoin (BTC) fell below $9,000 for the first time in almost a week on Oct. 31 as rumors of a correction intensified among analysts.Cryptocurrency market daily overview. Source: Coin360BTC short-term outlook could call for $8.2KData from Coin360 showed BTC/USD dipping below the $9,000 mark in Thursday trading — a level that has acted as support…

A recent run-down in the Bitcoin (BTC) market faces the prospects of exhaustion before confirming a full-fledged bearish breakdown, so reflects a classic momentum-based oscillator.RSI forming higher lowsDubbed as Relative Strength Index, or RSI, the indicator measures the speed as well as change of directional price movements. It operates within a set range of numbers—between…