South Korean Crypto CEO Stabbed During Court Hearing in Fraud Case In a shocking incident, the CEO of a cryptocurrency company in South Korea was attacked during a court session in Seoul, marking a troubling escalation in physical violence related to the crypto industry. The target of the attack was Hugo Hyungsoo Lee, who heads […]
Bitfarms Takes Over 120 MW Mining Mega-Site in the United States Bitfarms has officially taken control of its first mega-site in the U.S., a major milestone that enhances its mining capabilities and power capacity. Overview of the New Site Bitfarms has recently assumed control of a new data center in Sharon, Pennsylvania, marking its debut […]
The emergence of blockchain technology has paved the way for a new form of fundraising known as Initial Coin Offerings (ICOs). As a vital part of this landscape, tokenomics – a blend of “token” and “economics” – plays a crucial role in the success and sustainability of blockchain projects. This article will break down the […]
Bitwise Bitcoin ETF Set to Acquire $120 Million from Osprey Bitcoin Trust Pending the fulfillment of closing conditions, the Bitwise Bitcoin ETF is poised to acquire all Bitcoin held within the Osprey Bitcoin Trust. Details of the Acquisition The acquisition plan, announced on August 27 through a joint statement from Bitwise Asset Management and Osprey […]
Long-Term Bitcoin Holder Purchases Reach $10 Billion as Price Dips Below $60,000 The total amount of Bitcoin held by long-term holders has surpassed $10 billion, coinciding with a recent decline in its price, now below $60,000. Long-Term Holders Maintain Their Positions Analysts indicate that long-term Bitcoin holders have demonstrated resilience amid the ongoing price fluctuations. […]
In the fast-paced world of cryptocurrency trading, investors often seek methods to predict price movements and maximize profits. One of the most popular approaches is technical analysis (TA), which involves using historical price data and chart patterns to forecast future price trends. This article explores the significance of technical analysis in cryptocurrency, the key chart […]
Cryptocurrency Downturn: FET and AI Tokens on the Rise This week, while the broader cryptocurrency market experiences a decline, FET and various AI-related tokens are witnessing significant growth. The question arises: is this rally solely propelled by investor anticipation regarding Nvidia’s performance? Market Analysis Recently, price surges in the crypto sector have been short-lived, as […]
The rise of cryptocurrencies has revolutionized the financial world, offering new opportunities for investors and traders alike. With thousands of digital currencies available in the market today, cryptocurrency trading has evolved into a data-driven activity that heavily relies on chart analysis. Professional traders use various chart analysis techniques to make informed trading decisions. In this […]
As we continue through the 21st century, cryptocurrency is positioning itself as a significant player in the financial landscape. Originally hailed as the innovative solution for decentralized finance, the ecosystem of cryptocurrencies continues to evolve, shaped by emerging trends and technological advancements. This article explores the future of cryptocurrency, diving into the trends that are […]
Bitcoin Loses Momentum Amidst Ongoing Market Downtrend Bitcoin’s recent upturn to $65,000 has diminished, even with the announcement from the US Federal Reserve regarding potential interest rate cuts in 2024. Over the weekend of August 24-25, Bitcoin (BTC) experienced a rise to $65,000, marking an extension of a three-week recovery from its low of $49,500 […]
