Crypto news

Stellar lumen price is moving lower below the $0.1120 pivot level against the US Dollar. XLM price is now trading below $0.1100 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1095 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1080 support zone in the near term. Stellar lumen price is trading below $0.1120 against the US Dollar, like Bitcoin. XLM price could...

XRP price started a fresh decline from the $0.5400 resistance against the US dollar. The price is now trading below $0.5350 and the 55 simple moving average (4 hours). There is a connecting bearish trend forming with resistance near $0.5180 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.500 support zone. XRP price is struggling below $0.5350 against the US Dollar, unlike Bitcoin. The price could...

Numarics Team Im vergangenen Jahr hat das Schweizer FinTech-Start-up Numarics die Zahl der Mitarbeitenden auf 160 mehr als versechsfacht und gleichzeitig seine Idee eines «One-Stop-Shops» für Unternehmensgründer und KMU konsequent vorangetrieben. Auf organisatorischer Ebene unterstützt eine neu eingeführte Holding-Struktur die Entwicklung hin zur flexiblen digitalen Plattform, über die Unternehmen alle Dienstleistungen beziehen können, die für den...

Last year, the European Union unanimously voted for the Markets in Crypto Assets (MiCA) bill, considered by most to be the first comprehensive piece of legislation addressing the crypto industry as a whole. MiCA is, in itself, part of a larger set of financial laws known as DORA – but it has also given many crypto companies a reason to consider moving the bulk of their operations across the ocean. Several Adjustments to The Bill Although MiCA was published back in June 2023,...

The SlowMist Security team revealed receiving numerous reports of theft. Upon investigation, they found that a significant portion of these thefts were facilitated by deceptive comments under tweets from well-known projects. As such, approximately 80% of comments under tweets from such projects were identified as phishing scam accounts. SlowMist Exposes Phishing Tactics SlowMist also observed multiple Telegram groups engaged in the sale of Twitter accounts, offering some with...

The cryptocurrency market experienced losses of $1.9 billion in 2023 due to hacks, marking a substantial 93.6% decrease from the previous year. While this appears to be a positive trend, further examination reveals a bleaker outlook, with the frequency and sophistication of attacks on the rise, according to blockchain security auditor Hacken. 2023 Sees Onslaught of ‘Sophisticated Attacks’ Hacken’s 2023 security report shared with CryptoPotato revealed that the total amount...

Bitcoin hash rate continues to chart astounding record highs just weeks before the fourth halving. Meanwhile, critics worry Bitcoin mining could be hazardous to the environment. That hasn’t stopped the price from soaring to a multi-year record high of $46,670, 67% of its historical all-time high price of $69,000 in November 2021. However, according to a recent analysis by the U.S. Energy Information Administration, Bitcoin miners in the United States alone use as much...

Bitcoin’s (BTC) price has recovered after plunging to an undervalued territory a week ago. Amid the price fluctuations, the asset’s demand has remained positive. A weekly report from on-chain analytics platform CryptoQuant shared with CryptoPotato revealed that BTC’s price may have bottomed as its latest descent crushed the short-term holders’ unrealized profit margins to 0%. Bitcoin Reaches Undervalued Territory On January 23, bitcoin touched a two-month low of $38,000,...

Binance, the world’s largest crypto trading platform, has announced the launch of a marketplace for inscription tokens to facilitate the buying, selling, and minting of a wide range of such assets. According to a press release seen by CryptoPotato, the Binance Inscriptions Marketplace leverages the application programming interface (API) of UniSat, a Bitcoin inscriptions market and wallet provider, and is hosted within the Binance Web3 Wallet. Binance Launches Inscriptions...

A recently released study by Bitget focusing on the upcoming Bitcoin halving event indicated a positive outlook as market conditions continue to recover. With the Bitcoin halving scheduled for April 2024, investors across the world are carefully analyzing its potential impact on their investment decisions. The research involved a diverse array of contributors hailing from West Europe, East Europe, South East Asia, East Asia, MENA, and Latin America, comprising a total of...