Bitcoin

Bitcoin Technical Analysis: Bearish Signals and Bullish Hints Amidst Market Turbulence

Bitcoin, the leading digital currency by market cap, showcased nuanced market dynamics on Jan. 29, 2024. Bitcoin’s value fluctuated within a narrow band, ranging from approximately $41,950 to $42,069 within the last hour. Indicators such as oscillators and moving averages reveal a diverse perspective, indicating a multifaceted interaction of market factors. As the price fell […]
Cryptocurrency

Kaspersky Alerts Public About Mac Specific Malware Targeting Crypto Wallets

Kaspersky, the cybersecurity firm based in Russia, has issued a public warning regarding a new malware strain that particularly targets Mac users, focusing on their crypto wallets. This malicious software, which infiltrates computers via counterfeit applications, sets up a backdoor aimed at bitcoin wallets, including Exodus. It then substitutes these wallets with fraudulent versions designed […]
Cryptocurrency

Bank of England, HM Treasury Respond to Digital Pound Consultation Amid Strong Public Interest

Amidst public interest, the Bank of England and HM Treasury have addressed key concerns regarding the digital pound, reassuring the public of stringent legislative measures for privacy and control, alongside the maintenance of traditional cash. HM Treasury and Bank of England Respond to Public’s Digital Currency Concerns, No Final Decision yet on Digital Pound The […]
Cryptocurrency

ECB Staff Unhappy With Christine Lagarde’s Leadership, Survey Shows

A survey of European Central Bank (ECB) staff has revealed widespread dissatisfaction with President Christine Lagarde’s leadership. More than half of the respondents rated Lagarde’s performance as “very poor” or “poor.” Some expressed concerns that the former International Monetary Fund (IMF) chief “does not necessarily act according to the values she proclaims.” Lagarde Spends ‘Too […]
Cryptocurrency

SEC Delays Spot Ethereum ETF Decisions

The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on spot ethereum exchange-traded funds (ETFs) proposed by Blackrock, the world’s largest asset manager, and Grayscale Investments. Grayscale is seeking to convert its existing Ethereum Trust into a spot ETF. Spot Ethereum ETF Decisions Delayed by SEC This week, the U.S. Securities and Exchange […]
Cryptocurrency

Worldcoin to Redesign Iris Scanning Orb

Worldcoin will change the design of the Orb, the device used for scanning the irises of users as proof of personhood for the project, to be more friendly and less polarizing. Alex Blania, CEO and co-founder of Tools For Humanity, the company behind Worldcoin, stated that the next iteration would be akin to an “Apple […]
Cryptocurrency

Ethereum Foundation Reveals Finalized Dencun Upgrade Timeline

In a recent announcement by the Ethereum Foundation, the Ethereum blockchain network is set for a major enhancement through the introduction of Dencun. The foundation elaborated that Dencun is scheduled to launch on the Sepolia network at epoch 132,608 on Jan. 30, 2024, and will subsequently activate on the Holesky network at epoch 29,696 on […]
Cryptocurrency

Trezor Issues Urgent Alert on New Phishing Scam

Trezor has confirmed a series of deceptive phishing emails targeting its users, coming just days after a security breach at their support portal. The company has issued an urgent security alert, advising users to be extra cautious. Trezor Alerts Users to Phishing Danger Amidst Ongoing Security Challenges Hardware wallet provider Trezor has issued an urgent […]
Cryptocurrency

Craig Wright Offers Settlement in Disputed Bitcoin Creator Case

Craig Wright, who claims to be the creator of Bitcoin, has presented a non-negotiable settlement, potentially ending the contentious legal battle over the true identity of Satoshi Nakamoto, Bitcoin’s pseudonymous founder.
Bitcoin’s Alleged Creator Proposes Settlement Amidst Forged Document Allegations
Craig Wright, the self-proclaimed inventor of Bitcoin, has made a public, non-negotiable settlement offer […]
Cryptocurrency

Amid Rising ‘National Divorce’ Talks, Exploring the Potential Impact on US Dollar in Hypothetical Second Civil War

In the wake of Texas Governor Greg Abbott’s latest declaration, emphasizing Texas’ inherent constitutional right to defend itself and pointing to the Biden administration’s lack of enforcement of federal immigration statutes, the rhetoric around a potential “national divorce” or “civil war” has gained momentum on social platforms. This leads us to explore a theoretical situation […]
Cryptocurrency

9 Newly Launched Bitcoin ETFs Amass 132,170 BTC With Blackrock and Fidelity Commanding 70% of Total Holdings

At 10:30 a.m. Eastern Time (ET) on Friday, Grayscale’s GBTC reported a decrease of 10,871.56 bitcoin from its holdings compared to Thursday. In contrast, since its inception on Jan. 11, 2024, Blackrock’s IBIT has accumulated a total of 49,952.32 bitcoin worth $1.98 billion.
Grayscale’s GBTC Sees Significant Bitcoin Outflow as Blackrock’s IBIT and Other […]
Cryptocurrency

Bitcoin’s safe-haven status strengthened despite recent price crisis: Kaiko

Bitcoin has offered significantly higher returns than traditional safe-haven assets like gold, U.S. bonds, or the dollar. Data from Paris-based crypto analytical platform Kaiko showed that an investment in the top cryptocurrency in January last year would have yielded more than 100% returns, while similar investments in gold and other assets would have generated considerably […]
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Cryptocurrency

OKX pulls plug on mining pool amid declining user and hashrate numbers

Crypto exchange OKX will discontinue its mining pool services due to “business adjustments” reasons, according to a Jan. 26 statement. The platform said it had halted new customer registrations, effective immediately. Existing users will retain access to the platform until Feb. 25, after which all mining pool-related services will be discontinued by Feb. 26. “Due […]
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Cryptocurrency