Bitcoin broke its recent market decline after breaking through critical resistance on Monday. This rebound in BTC price action has increased investor confidence in the possibility of a bullish breakout before June. Tokens such as bigurt (BRISE) is expected to ride this momentum and enjoy massive pumps in the process. Analysts speculate that Bitgert bulls will attempt to push BRISE past the 0.0000004 resistance level and set a new 30-day high. In fact, there are growing rumors that Bitgert will achieve over 4000% return on investment for investors in 2024. While many believe it will happen, others doubt Bitgert’s profit…
Author: Crypto Flexs
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Detailed analysis of sophisticated wallet impersonation scamsIn a stunning example of cryptocurrency theft, a sophisticated wallet impersonation scam resulted in $71 million worth of Wrapped Bitcoin (WBTC) being meticulously distributed across multiple wallets. The breach highlights ongoing vulnerabilities in digital wallet security and highlights the innovative methods fraudsters are using to obfuscate illicit transactions.mechanism of fraudThe scam began on May 3 when an unsuspecting investor sent a significant amount of WBTC to a cleverly disguised bait wallet. The scammer set up a wallet address that was very similar to the victim’s address, only changing a few inconspicuous characters in the…
Amid ongoing legal challenges with the SEC, XRP could reach $20 by 2026. Our analysis shows that there has been continued downward price pressure and interest in this has increased. Leading cryptocurrency Ripple (XRP) is facing significant challenges due to ongoing litigation with the US Securities and Exchange Commission (SEC). To date, the asset has experienced a steep decline of 84.7% from its all-time high of $3.40 in 2018 and has yet to regain a fraction of its peak value. This sustained price decline has continued. Over the past 30 days, the value of XRP has fallen nearly 20%. Although…
What is the simplest way to test and confirm that I am the owner of a fund other than sending actual coins? I think I can verify the existing address with a signature/confirmation message, but is this the simplest? But what can you do with a SegWit address?
SolanaVM brings 68 billion worth of EVM dApps to Solana via an EVM-compatible L2 chain – Chainwire housenewsroomSolanaVM provides 68 billion worth of EVM dApps to Solana via an EVM-compatible L2 chain. We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage…
Cryptocurrency wallet company Exodus Movement will not list on the New York Stock Exchange’s sibling market, NYSE American, on Thursday as planned, the company announced late Wednesday.
Posted 1 minute ago In ~ Cryptocurrency wallet developer Exodus Movement’s listing of its Class A common stock on NYSE American has been postponed until the U.S. Securities and Exchange Commission finalizes its review of the company’s registration statement, the company said in a statement Wednesday.Exodus Movement’s common stock was scheduled to begin trading on the small-cap stock trading platform on Thursday under the symbol EXOD. CEO JP Richardson previously mentioned Listing on NYSE American will help expand the company’s presence and increase its liquidity.“While I am surprised and confused by this final decision, I remain hopeful that the SEC…
The government’s initial focus on stablecoins and staking legislation could be the first step towards a comprehensive regulatory framework, as it has previously outlined a phased approach to prioritize stablecoins. The UK government’s wider plans to establish itself as a prominent cryptocurrency hub face an urgent timeline. Economy Minister Bim Afolami acknowledged on Wednesday that only the stablecoin and staking secondary bill is likely to be implemented before the upcoming elections. “What I am confident we can achieve is secondary legislation on staking and stablecoins,” Afolami declared at the Financial Times Crypto and Digital Asset Summit. “Both of these will…
Ethereum price extended losses and tested the $2,940 support. ETH could start a fresh increase if it clears the $3,000 and $3,030 resistance levels. Ethereum continued its downward trend, trading below the $3,000 level. The price is trading below $3,050 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a major bearish trendline with resistance at $2,980. The pair would need to hold above the $2,940 support to initiate another rally towards $3,220. Ethereum price falls below $3,000 Ethereum price remained in bearish territory and, like Bitcoin, losses extended…
Bitcoin (BTC) is witnessing a seesaw battle between strength and weakness. According to Farside Investors data, more than $595 million flowed into spot Bitcoin exchanges on May 3 and May 6, before the tide turned on May 7, with $15.7 million flowing out. .Despite short-term uncertainty, cryptocurrency bull Anthony Pompliano remains optimistic about the long term. Pom told CNBC that Bitcoin’s 200-day simple moving average has hit an all-time high above $50,000, indicating the long-term trend remains bullish.Daily view of cryptocurrency market data. source: Coin360The sideways price action has not stopped institutional investors from investing in spot Bitcoin ETFs. Quantitative…