Bitcoin has likely bottomed and is now primed for a rally, according to anonymous cryptocurrency trader and self-proclaimed “bubble chaser” Bluntz. In an August 15 post on X, the trader, famous for correctly calculating predicting The Bitcoin of 2018 (Bitcoin) lower — proclaimed that the cryptocurrency had completed an ABC correction, with its price likely … Read more
Key points Optimism has returned to authorized fraud testing due to vulnerabilities found in audits. A hard fork called “Granite” is scheduled to take place on September 10 to upgrade the Optimism network. Share this article Optimism has reverted its network to a permissioned state after community-driven audits identified several bugs in its recently launched … Read more
On August 15, cryptocurrency research and compliance firm Chainalysis published the first part of its 2024 crypto crime report. The company revealed that aggregate illicit activity on-chain has decreased by 19.6% so far this year, from $20.9 billion to $16.7 billion. He added that this shows “that legitimate activity is growing faster than illicit activity.” … Read more
The recent market dynamics have brought back Ethereum Offering Ethereum has been in the spotlight and has reiterated concerns about its inflationary tendency. Earlier this year, Ethereum reached a significant milestone in its circulating supply, surpassing 120 million ETH and the number continues to grow. Unlike other major cryptocurrencies like Bitcoin and Cardano, which have … Read more
Institutional investment in Bitcoin ETFs is driven by a surprising 27% increase in adoption occurring in Q2 2024. This increase reflects growing confidence among institutional players in the digital currency market. Data provided by K33 Research showed that more than 260 new firms joined the US spot Bitcoin ETF space, boosting the total number of … Read more
Image credited to: Cointelegraph.com Welcome to another roundup of today’s latest Bitcoin news! Fasten your seatbelts, crypto enthusiasts, because today we’re going to dive into some interesting updates that could shape the future of Bitcoin and the cryptocurrency market at large. First up, we have a fascinating prediction from a cryptocurrency analyst, Matthew Hyland, who … Read more
Last week, the overall non-fungible token market was mixed. NFT sales volume fell by 11.92% to $81.8 million, while the number of NFT buyers increased by 173.25% to 327,594. Let’s take a look at some of the key metrics that characterized the NFT market over the past seven days according to data from CryptoSlam. Key … Read more
Investigations into a multi-million-dollar hack on omnichain tokenization platform Holograph have begun to yield results. French authorities have arrested two people who may have been involved in the attack. According to a tweet According to the official Holograph X account, Italy’s Anti-Mafia Investigations Directorate, in collaboration with several law enforcement agencies including Europol, France’s Office … Read more
Recently, a great deal of interest, both positive and negative, has been placed on Solarium. Experts are very bullish on SOL, with cryptocurrency analyst Alan Santana once expressing his doubts about the token by stating that it could suffer a sharp decline. Related reading Divergent views on Solana’s stability Solana has impressed with stability within … Read more
Cryptocurrency investors and platforms face a growing threat as the value of cryptocurrency hacks has nearly doubled in the first seven months of 2024, reaching a staggering $1.6 billion. according according to a new report from blockchain analytics firm Chainalysis. Cryptocurrency theft will skyrocket in 2024 While the monetary value of stolen funds has skyrocketed, … Read more
