Analysts have predicted that Dogecoin will break $1, which is based on historical data. DOGE has been holding off on the DOGE halving since 2015 and is banking on the BTC halving. Despite the consolidation, most liquidations occurred in long positions. Dogecoin (DOGE) is potentially preparing for a massive move north, according to cryptocurrency analysts who are leaning on historical price data after the halving. Derived from Bitcoin (BTC) code by Billy Markus, aka Shibetoshi Nakamoto, and Jackson Palmer in 2013, Dogecoin’s halving up until 2015 had a huge impact.However, the periodic DOGE halving stopped in 2015, as the meme…
Author: Crypto Flexs
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Technology • July 19, 2024 2:15 PM EDT Posted 1 minute earlier In ~ It’s Friday! In today’s Daily, we have IT outages on Microsoft devices worldwide, Binance.US gets approval to invest certain customer assets in US Treasury bonds, South Korea’s cryptocurrency law goes into effect, and more. Let’s begin. Global IT outage impacts Microsoft devices Airports, banks, healthcare and media organizations have faced the “blue screen of death,” or BSOD, which causes systems to reboot or stop functioning properly. The issue stemmed from an update to CrowdStrike’s Falcon Sensor security product, and the company is currently working…
Liminal, a multi-party computation (MPC) wallet provider, released a post-mortem report on the WazirX hack on July 19, claiming that the UI was not responsible for the attack. According to the report, the hack was caused by the compromise of three WazirX devices. Liminal also claimed that the multi-signature wallet was set up so that WazirX would provide the fourth signature if he provided the other three. This means that an attacker would only need to compromise three devices to carry out the attack. The wallet provider claimed that the wallet was set up this way at WazirX’s direction.In a…
Peter Zhang July 19, 2024 17:30 Binance announced that it will include Gravity (G) in various services including Binance Earnings, Crypto Buying, Conversion, Margin, etc. starting from July 19, 2024. Binance, one of the major cryptocurrency exchanges, has announced that it will add Gravity (G) to several platforms, including Binance Simple Earn, Buy Crypto, Binance Convert, and Binance Margin. According to the official announcement, the expansion will take effect on July 19, 2024 at 10:00 (UTC). Earn Starting July 22, 2024, users will be able to purchase Gravity (G) via Binance Auto-Invest. Binance Auto-Invest…
Hackers broke into Indian cryptocurrency exchange WazirX and stole a huge amount of assets. According to blockchain tracking firm Lookonchain, analysis of on-chain data suggests the exchange lost $230 million worth of cryptocurrency in the incident. The stolen funds include $52.5 million worth of Ethereum (ETH), $102 million worth of Shiba Inu (SHIB), $11.24 million worth of Polygon (MATIC), $7.6 million worth of Pepe (PEPE), $3.5 million worth of Gala (GALA), and $5.79 million worth of Tether (USDT). “Over $230 million worth of assets were irregularly transferred from WazirX (@WazirXIndia) wallet to wallet “0x04b2”. Lookonchain has revealed that the hacker…
We are excited to announce that Sanctum (CLOUD) is now available on Kraken! Funding and Trading CLOUD has switched to post-only mode and trading will begin today, July 18, 2024 at 15:15 UTC. To add CLOUD to your Kraken account, go to Funding, select the desired asset and press ‘Deposit’. You must deposit tokens using a network supported by Kraken. Any deposits made using other networks will be lost. CLOUD can be traded on Kraken and Kraken Pro using the following parameters: LegacypairPrice Decimal PrecisionMinimum order sizeMinimum deposit amountcloudUS Dollar, Euro42020 Note: Trading and instant purchases via the Kraken app…
Bitcoin surged at the opening of Wall Street on July 19, as confusion reigned over whether U.S. President Joe Biden would abandon his re-election campaign.BTC/USD 1-hour chart. Source: TradingViewBTC price breaks consolidationData from Cointelegraph Markets Pro and TradingView tracked Bitcoin (BTC) price action again as BTC/USD challenged its monthly high.Bitcoin surprised market participants on the day by rising more than 2.5% after an earlier period of sluggish consolidation.“IBIT market hours open at 9:30 a.m. ET. In a matter of minutes, Bitcoin has surged from $64,000 to over $65,000 now,” Charles Edwards, founder of quantitative Bitcoin and digital asset fund Capriole…
Bitcoin Bitcoin +2.61% Recently, Coinbase’s market depth has become more imbalanced between bids and asks, with more bids being placed. According to Coinbase analysts David Duong and David Han, this surge in Bitcoin sell orders is particularly concentrated within 5% to 10% of the exchange’s mid-price, limiting further price increases. “Data suggests there may be some profit-taking at current levels, which could limit price gains as market participants become more willing to sell in line with price gains,” Coinbase analysts wrote in a report Friday.Bitcoin Selling Pressure Still ExistingDuong and Han pointed to Arkham Intelligence data showing specific factors driving…
Solana’s price has increased by 500% and is trading at over $150 at the time of writing. Technical analysis results have confirmed a bullish pennant, suggesting that prices are likely to continue to rise. Solana (SOL), recognized as one of the largest cryptocurrencies by market cap, has shown remarkable performance since the beginning of the year. With a gain of over 500% this year, SOL has soared to over $150. In the last 24 hours alone, SOL has gained 1.4% and was trading at $161.03 at press time. This steady upward trajectory has not only established Solana as an exceptionally…
Jack Anderson July 19, 2024 03:23 Cronos (CRO) is offering a $30,000 zkCRO giveaway to early adopters who deposit CRO or LCRO tokens into the Cronos zkEVM bridge before the mainnet launch. Cronos (CRO) has unveiled an exciting new giveaway campaign aimed at rewarding early supporters of the zkEVM bridge. The campaign, dubbed “Pioneer’s Passage to Treasures,” offers a total of $30,000 in zkCRO prizes to be distributed among 10 lucky winners. According to Cronos, each winner will receive $3,000 in zkCRO.Campaign DetailsThis giveaway is designed to celebrate the milestone of 30 million CRO…