Bitcoin (BTC) reclaimed the $60,000 level on September 13, marking a solid comeback for the bulls. Bitcoin’s rally of around 10% this week helped buyers turn their September gains into the black.Next week, investors will be focused on the FOMC meeting scheduled for September 18. CME Group’s FedWatch tool shows a 50% chance of a 50bp rate cut. However, if the Fed cuts rates by 25bp, crypto markets could react to the decline.Crypto Market Data Daily View. Source: Coin360Bitcoin’s short-term price volatility hasn’t stopped long-term bulls from buying. MicroStrategy, a business intelligence and software company, announced that it acquired 18,300…
Author: Crypto Flexs
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After the stablecoin issuer froze the funds, cryptocurrency’s most notorious hacking group lost access to about $5 million worth of stablecoins stored in two wallets. An investigation led by blockchain detective ZachXBT identified and traced the funds. In his initial investigation, with the help of staff from Metamask, Binance, TRM Labs, and Five I’s LLC, ZachXBT discovered that North Korea’s state-sponsored Lazarus Group had laundered over $200 million in cryptocurrency into fiat currency over a three-year period. The funds were stolen through 25 separate exploits on multiple blockchains, after which the hackers cashed out the funds using multiple accounts on…
Markets have taken a breather, but uncertainty remains. Relief spread, but instability persisted. The sudden upturn has brought hope, but not everyone is cheering. Cryptocurrency markets finally took a break this week, shaking off the brutal losses of the past two weeks and posting double-digit gains across several major coins. Leading the pack was Toncoin, which surged 19%, setting the pace for the market rebound that many were hoping for. Cryptocurrency Market Shows Signs of Life BNB and XRP followed Toncoin with gains of 10.7% and 10.4% respectively, while the crypto giant Bitcoin posted a solid 10% gain. But not…
The meme-inspired cryptocurrency Dogecoin recently broke through the $0.1055 resistance level, making a significant step forward for traders and enthusiasts alike. The price action reflects growing bullish sentiment within the market, driven by factors including new support from influential figures and technical indicators pointing to potential gains. Elon Musk’s Impact on DOGE Price Surge On September 7, Elon Musk, a longtime Dogecoin supporter, shook the markets with a tweet proposing the creation of a new government agency, which he humorously dubbed “DOGE,” short for “Department of Government Efficiency.” Government Efficiency Department pic.twitter.com/HFeHYNIkJN — Elon Musk (@elonmusk) September 7, 2024 The…
Bitcoin (BTC) reclaimed the $60,000 level on September 13, marking a solid comeback for the bulls. Bitcoin’s rally of around 10% this week helped buyers turn their September gains into the black.Next week, investors will be focused on the FOMC meeting scheduled for September 18. CME Group’s FedWatch tool shows a 50% chance of a 50bp rate cut. However, if the Fed cuts rates by 25bp, crypto markets could react to the decline.Crypto Market Data Daily View. Source: Coin360Bitcoin’s short-term price volatility hasn’t stopped long-term bulls from buying. MicroStrategy, a business intelligence and software company, announced that it acquired 18,300…
Former President Trump is “safe” following reports of shots fired “around him,” Trump spokesman Stephen Cheng said in a statement Sept. 15. “President Trump is safe following reports of shots fired around him. We have no further details at this time.”The former president was playing golf at Trump International Golf Club in West Palm Beach when he heard gunshots. The golf course was immediately closed following the incident, CNN reported.Source: Trump campaign.relevant: Trump to Launch World Liberty Financial Cryptocurrency Platform on September 16At this point, it is unclear whether the incident involved the former president or whether the gunfire came…
Chris Burnieski, an investor and former cryptocurrency analyst at ARK Invest, says digital assets are showing subtle signs of an early bull market. Burniesky, a partner at venture capital firm Placeholder, says the small upside amid bearish sentiment is a good sign for cryptocurrencies. “While public sentiment remains subdued, subtle green shoots continue to emerge.” Investors say that when they zoom in, they are finding a few under-the-radar ecosystems that are showing contagious enthusiasm and helping drive the cryptocurrency market cycle towards the $10 trillion market cap target. “The contagious enthusiasm that comes from emerging ecosystems like Celestia and Move…
Episode 3 of The Crypto Beat was recorded with: Block’s Editor-in-Chief Tim Copeland, The Block’s Crypto Ecosystem Editor Vishal Chawla, Xion Founder Burnt Banksy, and Particle Network’s Head of Developer Relations Ethan Francis.Listen below and subscribe to The Crypto Beat. youtube, apologize, SpotifyTwitch Or wherever you listen to podcasts. Please send feedback and correction requests to: (email protected)Tim Copeland, editor-in-chief of Bloc, and Vishal Chawla, ecosystem editor, sit down with Ethan Francis and Burnt Banksy to discuss chain abstraction and why it’s important for simplifying cryptocurrency UX. outline00:00 Introduction 00:44 Chain Abstraction Overview 08:52 Competitive Design Selection 12:51 Cross-chain interoperability…
Toncoin continued its downtrend despite the big uptrend. TON bulls will pause for a moment as the mid-August pattern repeats itself. Toncoin (TON) rose 32.84% in a week from its low of $4.43 on Friday, September 6, reaching $5.885 the following week. Despite this strong rally, the market structure on the daily timeframe was bearish. Heading into next week’s trading, Toncoin is one of the larger assets with high bullish expectations due to its performance in the previous week. Can buyers sustain the rally? Is it a rally or a liquidity hunt before a sustained downtrend? Source: TON/USDT on TradingView…
Stable Labs is launching a new stablecoin. In addition to the EUR and USD-based stablecoins, Stable Labs will continue to expand into major markets, including Czech Crown and Polish Zloty. Stable Lab We have contracted with Ackee Blockchain to conduct a security review of the Stable Labs tokens and treasury contracts for a total of five days from June 24, 2024 to June 28, 2024. methodology We started our review using static analysis tools. Stay awake. Then we dug deep into the logic of the contract. We used the Wake test framework for testing and fuzzing. During our review, we…