Ethereum price has formed a bearish flag pattern on the four-hour chart. The next key catalysts will be the Fed statement, NFP data, and consumer inflation numbers. ETH could crash to the next support level at $1,500. Ethereum price remained in a consolidation phase in the past few days as investors brace for its defining moment. […]
Bybit suspends USD payments via bank transfer
USD payments suspension impacts both national and international bank transfers. Bybit will also pause USD withdrawals as from 10 March 2023. Customers can however continue to buy crypto with credit or debit cards. Bybit, one of the world’s leading crypto exchanges, will be suspending the US dollar (USD) payment option “until further notice,” a notice […]
DeFi platforms lost over $21M to hackers in February: DefiLlama data
One of the largest is the flash loan reentrancy attack on Platypus Finance. DefiLlama has highlighted seven noteworthy hacks in February. The first hack in February was the price oracle attack on BonqDAO. According to data from DeFi aggregator DefiLlama more than $21 million in cryptocurrencies was stolen by hackers from DeFi platforms in February. […]
Bitcoin Flat as Crypto Winter Deepens
The post Bitcoin Flat as Crypto Winter Deepens appeared on BitcoinEthereumNews.com. Crypto exchange Bybit on Saturday announced it is suspending U.S. dollar (USD) deposits. “We have temporarily suspended USD deposits via Wire Transfer (including SWIFT) due to service outages from our…
Bitcoin (BTC) Can Have Its Own Rollups
The post Bitcoin (BTC) Can Have Its Own Rollups appeared on BitcoinEthereumNews.com. Vladislav Sopov Bitcoin (BTC) can serve as data availability layer for rollups, new research says, here’s why Ethereum (ETH) community is very pessimistic about this opportunity Contents Rollups can use…
Why Bitcoin Mining Needs Stratum V2
Bitcoin mining is centralizing, but how real is the risk of network censorship? And can a protocol called Stratum V2 save the industry? This is an opinion editorial by Federico Rivi, author of the Bitcoin Train newsletter. Source Bitcoin mining within everyone’s reach: household appliances, wearable devices such as smartwatches and smart glasses, all capable […]
Bitcoin Fluctuates As Traders Disagree On Market Direction
The post Bitcoin Fluctuates As Traders Disagree On Market Direction appeared on BitcoinEthereumNews.com. Mar 06, 2023 at 08:37 // Price Bitcoin (BTC) price is already trading below the moving average lines. Bitcoin price long-term forecast: bearish After the price decline on March…
Do Kwon and Terraform Under Investigation by Singapore Police
The post Do Kwon and Terraform Under Investigation by Singapore Police appeared on BitcoinEthereumNews.com. Singapore Police have launched an investigation into Terraform Labs and its founder, Do Kwon even though he is still is on the run. Woes deepen for the fugitive Do Kwon…
Binance Moves to Fix Compliance May Not Placate US Regulators
The post Binance Moves to Fix Compliance May Not Placate US Regulators appeared on BitcoinEthereumNews.com. Binance reportedly conceived a plan to throw off US regulators after it became apparent that authorities there were cracking down on the industry. A Binance spokesperson told Blockworks the exchange…
80% of Cardano (ADA) Holders Suffer Losses: IntoTheBlock
The post 80% of Cardano (ADA) Holders Suffer Losses: IntoTheBlock appeared on BitcoinEthereumNews.com. Gamza Khanzadaev Cardano (ADA) opens third week of price decline, 80% of holders suffer losses According to IntoTheBlock, more than 80% of all Cardano holders are suffering losses right now,…