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Weekly News

3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’

  • Post author:admin
  • Post published:July 29, 2022
  • Post category:Weekly overview

BTC price surged above a key resistance cluster, but its market structure and technical analysis suggest the move is just another trap. Bitcoin (BTC) price rallied toward $24,200 on July…

Continue Reading3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’

Solana-based stablecoin NIRV drops 85% following $3.5M exploit

  • Post author:admin
  • Post published:July 29, 2022
  • Post category:Weekly overview

The $3.5 million flash loan attack Solana-based Nirvana Finance saw the price of its stablecoin NIRV and native token ANA fall around 85% apiece. Solana-based algorithmic stablecoin NIRV has become…

Continue ReadingSolana-based stablecoin NIRV drops 85% following $3.5M exploit

Final candidates for next UK prime minister have made pro-crypto statements

  • Post author:admin
  • Post published:July 29, 2022
  • Post category:Weekly overview

The Conservative Party is expected to decide between Rishi Sunak and LizaTruss as the next party leader by Sept. 5, at which point Johnson will officially step down Rishi Sunak,…

Continue ReadingFinal candidates for next UK prime minister have made pro-crypto statements

Democratic senators chide Fidelity Investments for BTC-exposed retirement funds

  • Post author:admin
  • Post published:July 29, 2022
  • Post category:Weekly overview

Crypto critic Elizabeth Warren and two colleagues write to the Fidelity CEO again to express their displeasure with crypto-exposed 401(k) offerings. Three United States senators have written to Fidelity Investments…

Continue ReadingDemocratic senators chide Fidelity Investments for BTC-exposed retirement funds

$1.26B in Ethereum options expire on Friday and bulls are ready to push ETH price higher

  • Post author:admin
  • Post published:July 29, 2022
  • Post category:Weekly overview

Ethereum network developers confirmed September as the date of the upcoming Merge, a move which prompted traders to flip long on ETH. Ether's (ETH) 53% rally between July 13 and…

Continue Reading$1.26B in Ethereum options expire on Friday and bulls are ready to push ETH price higher

US lawmaker calls for Apple and Google to provide info on fake crypto apps

  • Post author:admin
  • Post published:July 29, 2022
  • Post category:Weekly overview

"Industry shouldn’t be allowed to write the rules that they want to play by,” said Senator Sherrod Brown in calling for U.S. lawmakers and regulators to address crypto scams. Senator…

Continue ReadingUS lawmaker calls for Apple and Google to provide info on fake crypto apps

Crypto use in emerging markets driven by necessity: KuCoin Labs head

  • Post author:admin
  • Post published:July 29, 2022
  • Post category:Weekly overview

Key differences in the use and development of cryptocurrencies come to the fore as Blockchain Economy Istanbul continues to focus on emerging markets. The proliferation of cryptocurrencies around the world…

Continue ReadingCrypto use in emerging markets driven by necessity: KuCoin Labs head
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