SOL’s bear flag setup sees its price declining to $21 by September 2022. Solana (SOL) ticked modestly lower on July 20 after testing a critical technical resistance, suggesting further pullback moves in the coming weeks. SOL price eyes 50% wipeout SOL’s price decreased by over 4% to $44 after failing to breach a multi-week ascending…
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On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native token.” The collaboration will give institutions holding near protocol (NEAR) tokens the ability to store and stake the coins via Bitgo’s platform.…
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Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-cutting policies. This is the second wave of layoffs at Gemini, after the company laid off 10% of its staff less than two months…
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Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said. Illegal Mining Farm Discovered in War-Torn Kharkiv Region Officers from the Security Service of…
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PRESS RELEASE. BKEX (Chinese name: 币客) is a global cryptocurrency exchange that offers trading services for over 1,000 cryptocurrencies (such as Bitcoin, Ethereum, etc.). BKEX, founded in 2018 in the British Virgin Islands, is considered to be the best cryptocurrency exchange in terms of service. Its core philosophy is user-first and user-centric. Basic Information Chinese…
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Nigeria has taken the lead in regulating digital assets in Africa, and is one of the countries looking keenly into governing the digital asset space, an executive director with the country’s securities regulator has said. The director also made clarifications on the different regulatory roles played by the central bank and the Nigerian Securities and…
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Bitcoin price remained well bid above the USD 22,000 zone and was able to spike above the USD 23,000 resistance. It is currently (04:04 UTC) trading near USD 23,400 and is up 7% in a day and 21% in a week. Similarly, most major altcoins are trading in a positive zone. ETH is now consolidating…
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Non-fungible token (NFT) influencer Zeneca and NFT registration platform PREMINT are the latest targets of hacking attempts against the NFT community. Zeneca’s social media accounts were compromised on late Tuesday and linked to a fake airdrop for the influencer’s “Zen Academy Founders Pass,” tricking users into connecting their wallets…. Read More: NFT Hackers Attack: Influencer…
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Senator Cynthia Lummis said that non-crypto-versed Senators will need some time to understand and digest the proposals. The major bipartisan crypto bill led by U.S. Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) will most likely be deferred to next year according to the duo. Speaking during Bloomberg’s Crypto Summit on July 19, the Senators stated…
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After 73 days of “extreme fear” on the Crypto Fear and Greed Index, investors can breathe a very small sigh of relief. Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in Bitcoin (BTC) as bulls make their way back to the market. …
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