Key Takeaways: Bitcoin price is holding gains above the $29,800 support zone. BTC/USD is trading inside a declining channel with resistance near $31,050 on the 4-hour chart. The price might start a new rally if a daily close exceeds $31,200. Golden Bitcoin on graph background Read CoinChapter.com on Google News YEREVAN (CoinChapter.com) — Bitcoin price traded […]
dYdX Chain sets the V4 public testnet live on July 5
dYdX Chain is set to release its public testnet on July 5, 17:00 UTC. The network will comprise an individual L1 blockchain based on Cosmos along with its Tendermint PoS (proof-of-stake) consensus protocol. After the chain goes live, dYdX will release its latest v4 iteration on the network. This will take the project away from […]
Bitcoin Maintains $30K as ETF Applications Get Refiled: Prospects Remain Positive
Fidelity has been leading other market players in refining the spot Bitcoin ETFs after the SEC called them inadequate. Bitcoin’s price is currently higher than different moving averages, like the 50-day EMA, 100-day EMA, and 200-day EMA, indicating strength. The world’s largest cryptocurrency Bitcoin (BTC) continues to hold above the $30,000 level firmly and has […]
BTC Price Forecast:Crypto Analyst Predicts Bitcoin’s Explosive July Surge
The post BTC Price Forecast:Crypto Analyst Predicts Bitcoin’s Explosive July Surge appeared first on Coinpedia Fintech News Well-known crypto analyst TechDev recently shared an updated forecast for Bitcoin, predicting a possible surge. He compared Bitcoin’s current position to the initial stages of a macro impulse wave, which began in 2019. The Pitfall of the “Cycle” […]
Gemini Co-founder Marks Spot Bitcoin ETF Approval Struggle for A Decade
The 10-year anniversary of the day that Cameron Winklevoss and his brother Tyler filed for the top slot in the first Bitcoin Exchange-Traded Fund (ETF) was celebrated today by the co-founder of the cryptocurrency exchange Gemini. (Read More)
South Korea Prioritizes Crypto Users: New Bill Ensures Enhanced Protection
The post South Korea Prioritizes Crypto Users: New Bill Ensures Enhanced Protection appeared first on Coinpedia Fintech News South Korea’s National Assembly has approved the Virtual Asset User Protection Act, representing a significant step in establishing a legal framework for virtual assets within the country. The legislation, composed of 19 proposals from lawmakers, aims to […]
Poly Network Exploit Leads To Temporary Shut Down of Operations
The hackers generated vast quantities of many distinct coins over several blockchains. Approx $42B worth of cryptocurrencies was stored in the attacker’s wallet at one time. After a significant attack that compromised more than 57 assets across many blockchain platforms on Sunday, July 2, Poly Network temporarily shut down its operations. Poly Network, an interoperability […]
A Blow To Shiba Inu Community: PolyNetwork Hackers Strike Again, Making Off With 94B SHIB
In a recent series of events, the Shiba Inu (SHIB) ecosystem has witnessed both a security breach and a groundbreaking development. Lookonchain’s Twitter account revealed that PolyNetwork fell victim to another attack, resulting in a significant number of assets being minted by hackers. Notably, the hackers sold 94 billion SHIB for 360 ETH, 495 million […]
Belarus wants to ban P2P cryptocurrency transactions
Belarus’ Ministry of Foreign Affairs cited a high crypto crime rate for banning all citizens from exchanging Bitcoin between each other.
Second-largest exchange balance Bitcoin drop of 2023
Quick Take This past Saturday, July 1, marked the year’s second-largest decline of Bitcoin from exchanges. Approximately 20,000 Bitcoin were withdrawn from exchange platforms, a substantial movement highlighting the intense activity within the crypto market. This substantial withdrawal was categorized as a ‘whale withdrawal,’ denoted by the orange color on the chart below to signify […]