The crypto market has been buzzing with excitement as multiple analysts are predicting a bullish future for Bitcoin. One analyst, Tara, recently highlighted a bullish pattern on the Bitcoin chart and suggested that the flagship crypto could rise to $75,800 on its next leg up. According to Tara, Bitcoin has completed a full ABCDE on
Binance, one of the leading cryptocurrency exchanges, recently made an announcement that it will be halting trading services for some cryptocurrencies. This decision has had a significant impact on the prices of the affected assets, with some experiencing sharp declines in value. The exchange continues to make adjustments to its offerings in order to enhance
The collaboration between Google and Magic Leap in the extended reality (XR) space marks a significant step forward for both companies, despite their past challenges in the augmented reality (AR) market. Google’s initial venture with Google Glass encountered backlash from consumers and failed to gain traction in the market. On the other hand, Magic Leap,
Ripple’s decision to contribute $25 million to the Fairshake super PAC demonstrates its commitment to advocating for pro-crypto policies and politicians. This aligns with an industry-wide effort to ensure fair and balanced regulation within the cryptocurrency industry. The ongoing legal battle with regulatory bodies like the SEC has prompted Ripple to take a more proactive
In a recent Harris Poll survey funded by Grayscale, it was revealed that an increasing number of American voters are turning to Bitcoin as geopolitical tensions and inflation rise. The survey, which included responses from over 1,700 likely U.S. voters, found that one in three voters will consider a political candidate’s stance on cryptocurrencies before
The cryptocurrency sector faced a significant blow in May, with losses totaling $42.6 million due to exploits, flash loans, and exit scams. Flash loan attacks emerged as the leading cause of losses, accounting for approximately $20.7 million. Sonne Finance suffered the most substantial loss, losing $20 million, followed by TLN Protocol at $746,000. GPU and
The price of Bitcoin has been showing signs of returning to a choppy market condition, which has put a damper on hopes of a swift breakout to new highs. Despite this, there is still optimism surrounding the ongoing bull cycle, with indicators pointing towards a continuation of the upward momentum. One such indicator is the
In a remarkable turn of events, a crypto user named Michael lost access to a wallet containing 43.6 bitcoins back in 2013. The value of the lost coins was approximately $5,300 at the time. Due to a corrupted encrypted file containing the password, Michael was unable to retrieve his assets for 11 long years. Michael
The recent failure of Bitcoin to break above the $72,983 resistance level has triggered a downward trend in its price. Currently, Bitcoin’s price is hovering around $67,635, showing a slight increase of 0.14%. However, the rejection at the resistance level has caused the price to drop from $71,942 to $66,785. Additionally, the price has moved
Mastercard has recently introduced its Mastercard Crypto Credential, aimed at simplifying and securing blockchain transfers through the utilization of easy-to-remember aliases. This new offering, which enables users on popular exchanges such as Bit2Me, Lirium, and Mercado Bitcoin, marks a significant step towards enhancing transaction simplicity and security, ultimately driving the adoption of cryptocurrencies. The launch
In the midst of a broader market recovery, the XRP Ledger (XRPL) has experienced a surge in network activity across various metrics. According to Messari’s latest report, active addresses and transactions on the XRPL increased by 37% and 113% quarter-over-quarter (QoQ) respectively. This uptick in activity can be attributed to a concentrated group of around
DMM Bitcoin, a prominent Japanese cryptocurrency trading platform, was the target of a devastating hack on May 31st, resulting in the loss of approximately $305 million worth of Bitcoin. The exchange confirmed that 4,502.9 bitcoins were stolen from their systems, causing significant disruption and financial damage. Despite acknowledging the attack, DMM Bitcoin has been hesitant
As investor confidence in the crypto market grows, Bitcoin seems to be reaping the benefits of this positive trend. Despite some fluctuations in its price, the premier cryptocurrency has seen a continuous accumulation among large-scale investors. Even though Bitcoin fell below the $70,000 mark at the end of May, recent on-chain data suggests that faith
The recent approval of Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC) has created a stir in the financial markets. Several prospective issuers have filed amended versions of their S-1 forms, indicating a potential surge in interest in launching Ether Spot ETFs. This development follows a directive from the commission that required