Understanding Recent Crypto Exploits and Vulnerabilities A look into recent threats and how to protect yourself in the crypto landscape. DeFi Exploit: iVest Suffers Donation Attack On August 12, iVest Finance, a decentralized finance (DeFi) protocol, experienced a significant exploit totaling $156,000. This information comes from QuillAudits, a blockchain security firm. Typically, transferring tokens to […]
The world of cryptocurrency trading is as exciting as it is unpredictable. With prices that fluctuate wildly based on various factors, being able to forecast market movements can give traders a significant edge. One of the most effective methods of predicting price trends in cryptocurrency markets is through technical analysis, particularly using chart patterns. This […]
Bitcoin Price Potentially Set for Significant Uptrend if Chart Formation Validates A distinctive trading pattern suggests a substantial upward movement for Bitcoin’s price in the coming months. Chart Analysis Indicates a Bullish Scenario According to a trader, Bitcoin (BTC) might witness a dramatic price surge if a bullish chart pattern, specifically a descending broadening triangle, […]
Expansion of Crypto ETFs to Include New Asset Types and Indexes The rapid growth and adoption of cryptocurrency exchange-traded funds (ETFs) in the United States have exceeded expectations, according to insights from an executive at Grayscale Investments. Future of Crypto ETFs Dave Lavalle, Grayscale’s global head of ETFs, indicated during a recent webinar that the […]
Bitdeer Reports 50% Increase in Gross Profits Amid Bitcoin Mining Expansion Despite experiencing a rise in hashrate, the Bitcoin mining company faced a net loss of $17.7 million during the second quarter of 2024. Financial Highlights According to Bitdeer’s earnings report released on August 12, the company achieved a gross profit of $24.4 million for […]
In the dynamic world of cryptocurrency trading, market trends can change rapidly, making it crucial for traders to identify potential reversal patterns. One of the most reliable reversal patterns is the Head and Shoulders. This article will guide you through the process of recognizing this pattern, how to interpret it, and practical strategies for trading […]
Potential Bitcoin Price Decline to $52K as Trader Sentiment Drops Recent negative trends in US economic indicators and subtle shifts in the Bitcoin options market indicate a possible intensification of Bitcoin’s price struggles. Market Analysis of Bitcoin Volatility On August 12, Bitcoin (BTC) saw notable fluctuations, initially dropping 3.2% in under an hour to $57,844, […]
The emergence of cryptocurrencies has revolutionized the financial landscape, offering investors lucrative opportunities alongside significant risks. As digital assets continue to gain traction, understanding the volatile nature of these investments is critical for anyone considering entering the market. In this article, we will explore both the potential rewards and inherent risks associated with crypto investments. […]
The rise of cryptocurrencies has opened up a new frontier in the financial world, providing opportunities for investors but also attracting an array of scams and fraudulent activities. With the rapid development of this market, learning from past incidents is crucial for both current and potential investors. In this article, we will examine notable crypto […]
Tech Giants Facing Headwinds as AI Developments Fall Short The saturation in the AI market is resulting in extended cost recovery periods for significant AI investments, potentially prompting major corporations to rethink their funding strategies. End of the Bull Run for the Magnificent Seven? The strong momentum of the tech stocks often referred to as […]
