Bitcoin toward $100K: Samson Mow predicts the ‘Omega candle’ era
Samson Mow reveals why Bitcoin’s $100,000 milestone could spark explosive growth and lead to “hyperbitcoinization.”
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Major Coins Trading Sideways, Bitcoin Hovers Around $8,000
Friday, Sept. 27 — The top-20 digital currencies are reporting mixed signals today, experiencing moderate gains and losses throughout the past 24 hours following the nosedive they took on Tuesday, Sept. 24.Cryptocurrency market daily overview. Source: Coin360The leading cryptocurrency, Bitcoin (BTC), is trading sideways, up by 1.18% over the last 24 hours to trade at…

Shanghai Man: Ready Player Cats DAO, surging NFT interest, court rules crypto is not property
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. After enforcing global KYC requirements for all users, Binance’s dominance in CeFi has slipped from about two-thirds to just over one half, according to…

Major Grayscale digital currency funds are trading at 34% to 69% discount to NAV
The firm manages more than $14.7 billion in digital assets through its OTC investment vehicles. 785 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTAccording to statistics sourced from data aggregator YCharts, seven digital currency funds issued by asset manager Grayscale Investments are currently at a discount of…

The road not taken: Jealous brother claims twin earned $10M in Bitcoin
“His wealth in Bitcoin alone is more than 100 times greater than my entire net worth,” the “dumb” twin claims. 692 Total views 1 Total shares Many late adopters of Bitcoin often lament the fact they missed out on the chance to purchase coins when the price was under $1,000, $100, or even $1. However,…

DeFi protocol Grim Finance lost $30M in 5x reentrancy hack
An apparent security flaw in the Grim Finance protocol allowed the attacker to fake five additional deposits. 1005 Total views 19 Total shares The decentralized finance (DeFi) protocol Grim Finance reported $30 million in losses due to a reentrancy exploit of the platform’s deposits.Grim Finance officially announced on Dec. 18 that an “external attacker” had exploited…

Bank of England Governor on Libra as a Solution to Financial Problems
Bank of England governor Mark Carney said that people need to acknowledge the issues Facebook is attempting to solve with Libra, regardless of the project’s potential downsides. Carney delivered his remarks at the Financial Stability Report press conference as seen on the Bank of England’s YouTube channel on July 11. Carney said:“It’s way too expensive to…

Bitcoin whale clusters pinpoint 3 key levels for BTC price rally to continue
According to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term that might serve as key technical levels. The $11,857, $12,256 and $12,868 levels would likely act as important support and resistance areas.In previous cycles, whale activity coincided with significant price movements at crucial technical levels. For instance, Cointelegraph reported that…

Ethereum gone wrong? Here are 3 signs to keep an eye on during the Merge
The assumption that Ethereum will just transition to a fully functional proof-of-stake (PoS) network after the Merge somewhat ignores the risk and effort necessary to move an asset that has a $193 billion market capitalization and 400 decentralized applications (DApps).That is precisely why monitoring vital network conditions is essential for anyone willing to trade the…