Month: October 2024

Bitcoin bulls received a shot in the arm as a much better than expected US jobs figure was released on Friday. The $BTC price gained over the weekend as a result. However, technical indicators are signalling the potential for a lot more choppiness to come for Bitcoin. The number one...

XRP seems to have found support around 50 cents. Can buyers push the price higher this week? Key Support levels: $0.50 Key Resistance levels: $0.54, $0.68 1. Price Finds Support After a sharp fall last week, bulls appear to be back. XRP opened this Monday in green and is keen...

The cryptocurrency market has managed to regain its footing at the beginning of this week. Its total capitalization is above $2.3 trillion on the back of gains from the majority of coins. Bitcoin managed to push above $63K and even test $64,000, while meme coins are exploding left and right....

Crypto markets gained over the weekend and are holding on to momentum in early Monday trading in Asia. This week’s raft of economic and inflation reports could give them a further boost, especially if the probability of another large rate cut increases. “A November 50 basis point rate cut was...

Donald Trump has once again expressed support for Ross Ulbricht, the imprisoned founder of the Silk Road, an illegal online marketplace. Trump took to Truth Social to vow that he would “save” Ulbricht. Trump Vows to Free Ulbricht if Re-elected The former president shared a screenshot of Ulbricht’s recent post...

The number of hacks in Q3 2024 has dropped to its lowest point in three years, with only 28 incidents, across which a total of $463.6 million was stolen. However, the overall outlook remains concerning as there’s no chance of recovering over $440 million of the stolen funds. Worst Recovery...

Bitcoin mining firm TeraWulf has sold its 25% stake in the Nautilus Cryptomine joint venture to its partner, a subsidiary of Talen Energy, in a deal worth about $92 million. The company plans to use the funds to expand its operations at the Lake Mariner facility, including building the 20...

Wrapped Bitcoin (WBTC), a wrapped version of Bitcoin developed by BitGo, Kyber Network, and Ren, continues to dominate the tokenized BTC market despite criticism around the project, according to Binance Research’s latest monthly report. The wrapped token represents Bitcoin at 1:1 on other blockchains such as Ethereum and Solana. This...

This week’s top stories from the crypto world include claims of Satoshi Nakamoto’s identity being revealed, Ripple facing a new chapter in its legal battle with the SEC, and Bitcoin holding strong above $60,000. Let’s dive deeper into these updates.