Bitcoin ripe for 'major leg down' as BTC price nears $80K — Trader

In an interview with Cointelegraph during the Bitcoin 2023, Fred Pye spoke about how Canada's advanced regulation for crypto trading is drawing investors to the digital assets market. As the hype around Bitcoin (BTC) has faded, institutional investors and portfolio managers have begun looking at the major cryptocurrency as a "serious venue" to invest in,…

White hat hackers have earned $32,000 in bounties over the last two months by reporting security holes in crypto and blockchain projects, according to a report by Hard Fork on May 20.This lump sum of over $30,000 was distributed by 15 firms from March 28 to May 16 and documented in 30 public bug reports,…

According to Bithumb, the Ether that paid a $2.5 million transaction fee ended up in its coffers. According to Bithumb, the 0.55 Ethers (ETH) that incurred a $2.6 million transaction fee ended up in one of the exchange’s wallets.Mistake or money laundering?Earlier today, someone paid 10,668.73 Ethers in gas to move $134 worth of the…

The CNBC host may have gotten a better deal by eventually holding on to the Ether rather than trading it in for a TIME magazine NFT auction earlier this year. 1956 Total views 18 Total shares In the latest sign that crypto continues to filter through into the mainstream, CNBC host Jim Cramer has spent…

Mt. Gox’s claims website is currently down for maintenance, while Mt. Gox creditors are still looking for an explanation behind the recent flood of login attempts.

GMEX has acquired ING’s Pyctor business to connect CeFi and Defi amid the increasing demand for hybrid finance. 50 Total views 2 Total shares ING Group, Dutch multinational banking and financial services corporation, has spun out its digital asset business Pyctor to multi-asset trading infrastructure firm GMEX.GMEX has acquired ING’s institutional-grade digital asset custody solution…

Coinseed also created an ERC-20 token whose message is targeted at New York Attorney General Letitia James. 2073 Total views 3 Total shares Coinseed, a crypto platform that enabled micro-investing in cryptocurrency assets for its users, has shut down its operations.Delgerdalai Davaasambuu, founder and CEO of Coinseed, announced the decision via a statement published on…

Historical data shows that it is nearly impossible to consistently predict Bitcoin’s price action and many traders that attempt this end up losing money. Now that Bitcoin trades near $50,000, the ultimate goal for most traders is to hold on to their current holdings and incrementally add to them in a way that is not…

The rich get richer. According to the Wealth-X consulting company, in 2020, the number of ultra-high-net-worth individuals worth $5 million–$30 million in the world increased by 1.7% to 295,450 people; the combined net worth of this group increased by 2% to $35.5 trillion.Observing the investment preferences of rich individuals and institutional investors is instructive. They…