Why is Bitcoin price down today?
Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.
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Bitcoin price retains $27K, but forecast says ‘correction is incoming’
Bitcoin (BTC) attempted to rescue $27,000 support on March 28 as the dust settled on United States regulatory action against the Binance cryptocurrency exchange.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance CEO dismisses “disappointing” complaintData from Cointelegraph Markets Pro and TradingView showed BTC/USD repeatedly testing the $27,000 mark overnight.The pair had seen downward volatility the day…

SEC closes investigation into Immutable nearly 5 months after Wells notice
Web3 gaming platform Immutable says the US Securities and Exchange Commission has closed its investigation into the company, clearing it of any further action. Immutable — the firm behind the Ethereum layer-2 ImmutableX — said in a March 25 statement that the SEC shut its inquiry into the firm without finding wrongdoing and “closes the

Brave Browser Announces Development of Crypto Wallet for ETH and BAT
Blockchain-based web browser Brave has unveiled a cryptocurrency wallet for Ethereum tokens that is currently in development.Incompatible with Brave RewardsBrave discussed their work so far in a blog post on Aug. 27. According to the announcement, the in-browser wallet supports Brave’s native ERC-20 Basic Attention Token (BAT), alongside other Ethereum-based tokens and collectibles and Ether…

HECO Chain bridge compromised over $86.6M sent to suspicious addresses
Blockchain security firm PeckShield reported that assets like stablecoins, ETH, SHIB, LINK and more were transferred from the bridge. Withdrawals and deposits have been suspended, and Justin Sun has said HTX will fully compensate users for any losses. 483 Total views 3 Total shares Data shared by blockchain security platform PeckShield shows that more than

73.3% of Q1 rug pulls happened on BNB Chain: Immunefi
Rug pulls and other frauds made up a small percentage of losses compared to hacks and exploits, the report stated. 251 Total views 7 Total shares Own this piece of history Collect this article as an NFTBNB Chain was the king of rug pulls in the first quarter of 2023, with over 73.3% of such…

What are crypto-backed mortgages, and how do they work?
What are crypto-based mortgages? Crypto-backed mortgages are a kind of loan where borrowers use their cryptocurrency holdings, such as Bitcoin (BTC) or Ether (ETH), as collateral to secure financing for real estate purchases. This approach allows you to access funds without selling your digital assets. By retaining crypto ownership, borrowers can still benefit from future

Court to hear oral arguments in Grayscale’s lawsuit against SEC in March
Grayscale previously anticipated being able to voice their arguments in the second quarter of the year, calling the recent motion “welcome news.” 110 Total views 8 Total shares Own this piece of history Collect this article as an NFTA United States appeals court is set to hear the oral arguments relating to Grayscale Investment’s lawsuit…

Alleged Telegram Sex Crime Ringleader Paraded in Public in Korea
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…