Bitcoin Soars: Will $30K or Correction Follow?

• Bitcoin’s price rallied after breaking above a significant resistance level. • The $30K area is an important mid-term resistance level that needs to be broken for a bullish phase. • The 4-hour chart indicates that a consolidation or pullback may happen before the $30K level is reached. Bitcoin Price Rallies Bitcoin’s price has seen […]

Europe’s Most Crypto-Curious Country? Study Reveals Surprising Result

Summary Dua Crypto’s research determined that the Netherlands, Slovenia and Switzerland are the most crypto-curious nations in Europe. The Dutch ranked as the most interested European nation in cryptocurrencies with 0.1299 crypto-related searches per capita. Slovenia and Switzerland followed The Netherlands with 0.1181 and 0.0888 searches per capita respectively. This is Europe’s Most Crypto-Curious Country […]

Bitcoin Could Moon During Potential Oil Crisis: Hayes

• BitMEX co-founder Arthur Hayes published an essay on Thursday outlining potential scenarios that could cause a spike in oil prices. • Hayes argued that such a scenario could spur central banks across the world to return to a market-friendly loose monetary policy. • He described three possible futures—escalation of conflict between Iran and Israel/Saudi […]

Mango Markets Exploiter Seeks to Keep $47M as Bug Bounty

• Avraham Eisenberg, a Puerto Rico man, exploited the decentralized finance (DeFi) protocol Mango Markets in October 2022, making over $100 million. • Eisenberg’s lawyers claim he had already returned enough of the funds and is entitled to keep the remaining assets as a bug bounty. • The Mango DAO voted to allow Eisenberg to […]

Dubai Bans Monero, Zcash and Other Privacy Coins

• Dubai’s Virtual Assets Regulatory Authority (VARA) has implemented new regulations that ban the use of privacy coins such as Monero (XMR) and Zcash (ZEC). • The updated regime seeks to protect local consumers and establish Dubai as a global center of blockchain technology. • These authorization requirements include anti-money laundering obligations, marketing protocols, prevention […]

Web3 Fund VVF Invests $5 Million in Everscale Blockchain

• VVF, an Abu Dhabi-based Web3-oriented venture fund, has invested $5 million in Everscale to help expand their blockchain solutions. • According to VVF’s Chairman Peter Knez, the investment is a “strategic move” aimed at solving scalability issues and increasing the number of projects. • The funds will be sent in stages depending on progress […]