It could soon be time to call an end to the trading range in which Bitcoin has languished throughout 2022. Bitcoin (BTC) narrowed its consolidation range on March 18 as the TradFi trading week looked set to end with $40,000 still in place. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders patiently await paradigm shift…
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The account of a moderator from the non-fungible token project was compromised in the attack, posting a phishing link that drained user wallets. Recently launched NFT project, Rare Bears, was hit with an attack, after a hacker posted a phishing link in the project’s Discord channel, stealing nearly $800,000 in NFTs. Analysis from blockchain security…
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The ACCC highlighted unapproved or endorsed “scam” ads featuring prominent Australian figures such as entrepreneur Dick Smith, TV host David Koch and former NSW premier Mike Baird in particular. The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that the firm and its Irish branch…
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Coinbase has added wallet support for SOL and Solana-based tokens, and has outlined that it will look to support NFTs and dApps on the blockchain in the future too. Top U.S. crypto exchange Coinbase has added wallet support for Solana (SOL) and its ecosystem of Solana tokens (SPL). Coinbase cited the surging interest in Solana…
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According to a series of mining metrics, not only are miners holding hard but they’re also dramatically increasing their hash rate. Bitcoin (BTC) miners are holding more and more Bitcoin while “relentlessly expanding” their operations in 2022. A report by Arcane Research indicates that publicly listed Bitcoin miners are “constantly looking for expansion opportunities,” as…
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Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed. EU Supervisory Authorities Warn About the Danger of Investing in Crypto Assets Three European Supervisory Authorities (ESAs) issued a joint statement warning…
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PRESS RELEASE. Meme coins have been trending for a while now in the crypto space and most of them are animal related. Dogs, in particular, are the most popular meme element used in global meme coin community. From Dogecoin to Shiba Inu (SHIB), the success of numerous meme coins has been witnessed by the vast…
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Qatar Central Bank is presently examining the possibility of issuing a digital currency as well as digital bank licensing, an official has said. The official adds this study will help the central bank get an understanding of what its area of focus should be. The Growing Significance of CBDC An official with the Qatar Central…
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On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute long opinion piece that historians may point to February 26, 2022, as the time in history when the “Petro Dollar / Euro…
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Jeffery S. Bredthauer, Associate Professor Of Finance, Banking and Real Estate, University of Nebraska Omaha.____ The Federal Reserve has begun its most challenging inflation-fighting campaign in four decades. And a lot is at stake for consumers, companies and the U.S. economy…. Read More: Fed Can’t Stop Prices From Going Up Anytime Soon, But There’s…
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