Blockchain
Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact
In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not reveal the full extent of the decline St Onge raises
Blockchain
True Bitcoin HODLers Unfazed: Over 30% Of Supply Dormant Since 5 Years+
On-chain data shows the Bitcoin diamond hands holding since more than five years ago have continued to be stalwart despite the latest crash Over 30% Of The Entire Bitcoin Supply Hasn’t Moved In
Blockchain
9 Dormant Bitcoin Wallets Reactivate, Moving $7.5M Amid BTC Price Drop
While bitcoin’s price was at $60,382 on July 3, it dropped significantly to $53,550 two days later before rebounding back to $56,642 by 12:50 pm EDT on July 5 Notably, nine dormant bitcoin
Blockchain
Taiwan Mobile’s VASP license bid aims to fuse digital assets with mainstream services
Taiwan Mobile, the second-largest telecom operator in Taiwan, has applied for a license to operate as a Virtual Asset Service Provider (VASP) The Financial Supervisory Commission’s latest
Blockchain
XRP Holds Bullish 2014-2017 Pattern Unless This Happens: Analyst
In a tumultuous day for cryptocurrencies, the price of XRP plummeted to a low of $038249 on Bitstamp, reflecting a broader downtrend affecting the altcoin market With a notable 124% decrease in the
Blockchain
Fake X accounts lead to record-setting crypto phishing attacks of $341 million
Crypto phishing exploits in the first half of this year reached $341 million, surpassing the $295 million scammers siphoned from victims in 2023, according to blockchain security firm Scam Sniffer
Blockchain
German MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset
A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale, advocating for the cryptocurrency’s use as a strategic reserve
Blockchain
Crypto As A Weapon? Russia Considers Stablecoins To Fight Sanctions
Russia’s pivot towards stablecoins comes against the backdrop of its chairmanship of the BRICS group (Brazil, Russia, India, China, and South Africa) The BRICS nations have previously discussed
Blockchain
Grayscale Ethereum Trust Hits Premium for First Time Since 2021
Grayscale’s Ethereum Trust (ETHE) has shifted from a discount to a premium in its net asset value (NAV) for the first time since November 2021, as reported by ychartscom metrics This adjustment
Blockchain
Is This Bad For Solana? $180 Million Transfer Raises Eyebrows
With almost $180 million in SOL tokens moved to cryptocurrency exchange Coinbase, Solana, the fast-moving blockchain network, has become entangled in whale activity Investors feel chilly from this
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Bitcoin Price Set For Reversal To $130,000 After Forming Major Cup And Handle Support
Bitcoin’s price action has been trapped in a tight range between $84,000 and $82,000 in recent days, with bulls struggling to push upwards The general market sentiment is one of a cautious nature,
Venezuelan Minister Remarks 25% of Trade Can Be Conducted Away From the US Dollar
Venezuelan Foreign Minister Yvan Gil stated that this new state of affairs in international trade was possible due to the push that Russia and the BRICS bloc exerted to bypass the US dollar
Bitcoin Resets With 14% Deleveraging—Here’s What Past Events Led To
Data shows the Bitcoin futures market has seen a massive deleveraging event recently Here’s what this reset could mean for BTC, based on past trends Bitcoin Open Interest Has Gone Through A
Bitcoin needs ‘deeper-pocketed investors’ to absorb the recent sell pressure from short-term holders
Bitcoin’s (BTC) price is waiting for long-term holders or institutional demand to absorb the recent sell pressure from short-term holders, according to the latest “Bitfinex Alpha” report
Bitcoin Fischer Transform Returns To 2022 Bear Levels, Why Max Pain Could Continue For 4 Months
A crypto analyst has revealed that the recent pullback in the Bitcoin (BTC) price has triggered a Fischer Transform indicator reminiscent of the 2022 bear market Despite its poor performance over the
