• 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 […]
Category Archives: Allgemein
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 […]
Bitcoin Rollercoaster: Coinbase Launches L2 Network for Crypto Users
• Bitcoin’s price has been on a rollercoaster throughout the past seven days, fluctuating between $24K and $25K. • Coinbase announced an Ethereum layer-two scaling solution based on Optimis, which caused a pump in the price of OP. • The new network is called Base and aims to attract millions of new users to the […]
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 […]
FBI Takes Down Hive Ransomware Network, Delivering Justice to Victims
• The FBI recently announced the takedown of the Hive ransomware network. • This network included members located in multiple states in Europe and North America. • The FBI was able to penetrate the network’s control center, gaining access to the decryption keys to be given to victims who paid the requested ransom. The FBI […]
Vitalik Buterin’s Vision Revolutionized Cryptocurrency: The Birth of Ethereum
• On this day in 2014, Vitalik Buterin announced Ethereum on the popular Bitcointalk forum. • Vitalik Buterin’s first tryst with the Bitcoin community dates back to 2011 when he co-founded and started writing articles for Bitcoin magazine. • In late 2013, Buterin described the idea of yet another digital currency in a white paper […]
Alameda-FTX Bankruptcy: A Warning for Crypto Investors to Diversify
• The Alameda-FTX bankruptcy is a lesson that government regulation is not beneficial for crypto markets. • Last year, the scale of financial damage to crypto investors was immense. • Bitcoin prices still haven’t recovered from the streak of crypto bankruptcies, but some of the losses were recovered from the FTX fiasco. The cryptocurrency industry […]