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Artificial intelligence (AI) companions are emerging as a significant trend in the digital landscape, captivating users with their interactive capabilities. The Replika platform, developed in the wake of personal tragedy,
Two smart contract auditors miss a Penpie bug that resulted in a $27M exploit, Pythia Finance attacker claims way too many rewards: Crypto-Sec
A crypto whale avoided a $26.47 million liquidation narrowly. Major players' movements and strategies significantly impact the crypto market. Continue Reading: Crypto Whale Avoids $26.47 Million Liquidation by a Hair’s Breadth The post Crypto Whale Avoids $26.47 Million Liquidation by a Hair’s Breadth appeared first on COINTURK NEWS .
The cryptocurrency market is on edge as the U.S. presidential election approaches, with analysts predicting significant volatility based on potential outcomes. Recent insights from brokerage and research firm Bernstein indicate
A crypto whale with a $26.47 million position in Wrapped Bitcoin (WBTC) is cutting it close after barely escaping liquidation last Friday. According to on-chain data tracker Lookonchain, a deep-pocketed whale with an Ethereum (ETH) address beginning with Oxceef was close to being liquidated on the decentralized finance (DeFi) platform Compound after Bitcoin dropped to The post Crypto Whale Facing Liquidation of $26,470,000 WBTC Position on Compound: Lookonchain appeared first on The Daily Hodl .
The cryptocurrency market is gearing up for a significant rally, with rising anticipation of a major upward movement.
Replika AI founder and CEO Eugenia Kuyda shares how Replika AI companions help people—and where the tech is going next.
Oasys, a Japanese gaming blockchain, has strategically aligned with SK Planet to enhance its footprint in South Korea. This collaboration could potentially onboard millions into Oasys’s gaming framework, leveraging SK
Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s analysts believe that Trump’s pro-crypto stance and regulatory reforms could boost the cryptocurrency market while a Kamala Harris victory may cause bitcoin to fall below
10x Research, a digital asset research platform for traders and institutions, has unveiled a foreboding forecast for the price of Bitcoin (BTC). Highlighting current market conditions and Bitcoin’s recent price dynamics, the research firm projects a massive price crash to $45,000 soon. Bitcoin $45,000 Price Crash Incoming 10x Research has released a report outlining several market factors, which, when combined, paint a picture of a potential price decline to new lows for Bitcoin. While the broader crypto market undergoes a period of correction and volatility, 10x Research believes that Bitcoin could fall as low as $45,000 this cycle. Related Reading: Dogecoin Price Prediction: Extended Consolidation Or A Break Below/Above? The reason for this prediction has been attributed to recent changes in Bitcoin’s active addresses. Markus Thielen, the Head of Research at 10x Research has laid out reasons for this pessimistic BTC prediction. Thielen mentioned that after Bitcoin addresses peaked in November 2023, they witnessed a sharp decline later in the First Quarter (Q1) of 2024. According to Messari’s reports, on November 20, 2023, Bitcoin’s active address account rose above 983,000, even reaching 1.2 million at some point. The network remained steady within this range until April. However, as of September 2, 2024, active addresses have plummeted drastically to 596,940. This drop in Bitcoin addresses indicated a reduction in network activity and a possible decrease in interest and demand among investors. Furthermore, Thielen disclosed that short term holders had begun selling their BTC in April, while long term holders took their profits, suggesting that the market had reached its cycle top. In addition to this, the price of Bitcoin fell from its all time high above $73,000 in March to its current level of $55,246, according to CoinMarketCap. This price decline aligns with the decrease in active addresses and the broader market volatility. 10x Research also reported that outflows in Spot Bitcoin Exchange Traded Funds (ETFs) have contributed to BTC’s downward pressure and led to their pessimistic price projection. In the last eight days, Spot Bitcoin ETFs recorded a whopping $1.2 billion in outflows from the 11 listed US Bitcoin ETFs. This massive liquidation is currently the longest run of outflows since the launch of Bitcoin ETFs on January 10, 2024. Moreover, the current state of the United States (US) economy also paints a possible bearish picture for Bitcoin. The weak US economy and the ongoing futures liquidations are among the many factors that 10x Research believes could push the price of Bitcoin down to $45,000. BTC Faces Toughest Month In September In an X (formerly Twitter) post, Dan Tapiero, the founder and Chief Executive Officer (CEO) of 10T Holdings, addressed the current challenges in the crypto market. Tapiero noted that September has historically been difficult for Bitcoin, often marked by poor performance or increased selling pressures. Related Reading: XRP Price To $100: Why Has It Not Hit This Price Yet? He disclosed that Bitcoin and Ethereum (ETH) have been stuck in a “painful consolidation” period since March. Despite Bitcoin’s underperformance this September, Tapiero remains confident that the market is gearing up for a major bullish trend, advising investors to HODL their assets. Featured image created with Dall.E, chart from Tradingview.com
Venezuela’s Bitcoin mining crackdown appears to be continuing unabated, with the nation’s army seizing 35 rigs in a raid on a farm in Guárico. The post Venezuelan Army Seizes 35 Bitcoin Mining Rigs in ‘Illegal Farm’ Raid appeared first on Cryptonews .
The resurgence of AI coins signifies a notable market trend, driven largely by Nvidia’s stock performance. Nvidia holds a commanding market position, controlling roughly 80% of the AI chip sector,
The recent Cryptocurrency Fraud Report by the FBI’s Internet Crime Complaint Center highlights a concerning rise in crypto-related scams. 2023 recorded 69,468 complaints, amounting to total losses of approximately $5.6
The cryptocurrency landscape witnessed a staggering surge in fraud cases, with losses amounting to a grim $5.6 billion in 2023, according to the FBI. Investment scams have emerged as the
In the evolving cryptocurrency market, analysts are predicting substantial gains for key players poised to dominate the space. From Ethereum’s potential regulatory breakthroughs to Solana’s innovative shift toward blockchain coexistence, several cryptos are primed for explosive growth. Notably, rising stars like Pawfury (PAW) and established tokens such as Cardano (ADA), Injective (INJ), and Bitcoin (BTC) Continue Reading: Analysts Predict 100x Gains for These Cryptos
The Tokyo Electric Power Company is evaluating its entry into the Bitcoin mining space through its wholly-owned subsidiary, Agile Energy X. Related Reading: Ignoring The Bounty, Penpie Hacker Launders $27 Million In Ether – What’s The Endgame? The primary idea here is to make use of excessive renewable energy which goes to utter waste. Making
CYBRO crypto's pre-sale success, with nearly $2 million raised, highlights a strategic move by the developers.
Taiwan recorded exports to the US more than doubled in August, thanks to the booming AI industry, giving rise to demand for chips. This jump offset the decline in demand from China which has been subdued. Taiwan’s export growth for August also surpassed projections as demand for AI products and hardware continued to strengthen.
The rise of Bitcoin ATMs has led to increased incidents of fraud and scams affecting unsuspecting users. Recent reports indicate that losses from Bitcoin ATM scams have reached a staggering
British analytics software provider Automated Analytics has refuted claims that artificial intelligence (AI) will cause mass job losses, noting that the technology has more upsides for businesses. According to a recently published white paper, the company claimed that none of its 5,000 clients in the UK or US laid off their employees because of AI
The Bitcoin ATM has gained significant popularity recently, especially with the growing adoption of digital assets globally. However, with its rising popularity, concerns are also increasing over its potential impact on crypto security. A recent US FTC report highlights the surge in scams and vulnerabilities, sparking concerns for the users. Bitcoin ATMs And Their Impact The post Are Bitcoin ATMs A Hidden Threat To Cryptocurrency Security? appeared first on CoinGape .
Crypto fraud surged 45% last year, with total losses reaching $5.6 billion, according to the US Federal Bureau of Investigations (FBI). The rise in cryptocurrency-related scams came as digital assets regained popularity after the 2022 market downturn. The FBI’s Internet Crime Complaint Center received nearly 69,500 complaints related to crypto fraud, with losses representing almost The post FBI Alert: How Did Crypto Fraud Losses Surge To Reach $5.6B? appeared first on CoinGape .
The growth of Artificial Intelligence (AI) chip maker Nvidia (NVDA) has sparked a positive upswing in AI coins. The company stock price soared in the last 24 hours moving past speculations of a Department of Justice (DOJ) probe. Traditionally, a positive rally in Nvidia’s price ignites a similar momentum. AI Coins Spike AI coins have The post AI Coins Rally As Nvidia Stock Soars, Will The Rally Sustain? appeared first on CoinGape .
A known cryptocurrency whale has spent around 5,200 Ethereum ($ETH) tokens to buy more than 11.1 million worth of the native token of the SocialFi project Friend.Tech ($FRIEND), in a bet that ended up in a 95% loss for the whale. According to data shared by on-chain analytics firm Lookonchain, popular cryptocurrency whale and influencer
The post Solana Price Surge Confirmed? Just One Step Away from a 35% Rally appeared first on Coinpedia Fintech News Solana (SOL) is posed for a significant price surge and is currently gaining notable attention from crypto enthusiasts. It just happened following SOL’s impressive performance and rise in trading volume. Solana Price Performance On September 10, 2024, SOL has experienced a massive price surge of over 5% in the last 24 hours and is currently …
Trump Loves Tesla could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Trump Loves Tesla (TRUMPTES), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days. This is because TRUMPTES is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Trump Loves Tesla can
The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases and $5.6 billion in losses. Investment scams accounted for 71% of these losses, highlighting the growing exploitation of digital currencies. The FBI further noted that crypto fraud represents nearly half of total losses.
Bitcoin is still following the stock market, especially with traditional finance investors pulling back as we head into September. With spot ETF outflows increasing, folks are clearly de-risking before the Federal Reserve’s rate cuts. Altcoins are showing resilience, eating away at Bitcoin’s market dominance. The first week of September wasn’t kind to Bitcoin. It continued
The SEC v. Ripple lawsuit is nearly four years old. Now it’s over. Maybe. This is after Ripple was ordered to pay $125 million for its federal securities violations involving sales of the XRP token to institutional clients. Speculation of an SEC appeal arose after Ripple requested that 111% of the monetary judgment amount be
By acquiring a stake in Adecoagro, Tether is signaling a strategic shift from its tech-focused investments.
Snapshot X introduces free, secure on-chain voting, which increases DAO inclusivity. The technology, powered by Starknet, enables cross-blockchain voting with no gas payments. Snapshot Labs, the developer of an off-chain The post Snapshot X Reveals Gas-Free Onchain Voting Revolution for DAOs appeared first on Live Bitcoin News .
US officials strive to access imprisoned Binance employee Tigran Gambaryan in Nigeria. Gambaryan's health deteriorates, prompting international diplomatic and human rights concerns. Continue Reading: US Officials Strive to Access Imprisoned Binance Employee in Nigeria The post US Officials Strive to Access Imprisoned Binance Employee in Nigeria appeared first on COINTURK NEWS .
Bitcoin has faced significant price fluctuations marked by a notable crash on August 5 that saw its value dip to $49,000. This was followed by a rebound to approximately $65,000, only to experience another decline to around $52,000 last Friday. Despite these challenges, the largest cryptocurrency by market capitalization is undergoing crucial support retests, reminiscent of the patterns observed in September 2023 before it soared to an all-time high of $73,700 in March. Bitcoin May Hit New All-Time Highs Crypto analyst Crypto Con highlighted this trend in a social media post, emphasizing Bitcoin’s spent output profit ratio (SOPR). According to Con, previous peaks have correlated with the 1.0 value line on the SOPR chart, where the cryptocurrency typically finds a bottom before entering a bull market phase. Related Reading: Ethereum Forms Falling Wedge Pattern That Could Send Price To $3,000 This cyclical behavior has been consistent around specific months—October, August, and September—drawing parallels to the recession predictions that have emerged recently, much like in September 2023 and at the cycle bottom in November 2022 following crypto exchange FTX’s implosion. The current indicators suggest that Bitcoin may be on the verge of a significant price uptick, potentially surpassing its previous all-time highs. This bullish sentiment is bolstered by historical data that show Bitcoin’s propensity to break through past peaks, as seen in the chart above. Is September A ‘Fake-Breakdown Month’? In a more granular analysis of short-term price action, fellow analyst Rekt Capital pointed out that Bitcoin’s weekly close above $53,250 is crucial for maintaining the support level within the bargain-buying range of $52,000 to $55,000. This range forms beneath a downward-trending channel spotted by the analyst at $56,500 on Bitcoin’s weekly chart. Rekt emphasized that reclaiming $55,881 as support would be essential for Bitcoin to build momentum and attempt a recovery within the channel. Related Reading: Dogecoin To $0.15: Analyst Explains What Could Kick Off A Fresh Rally Furthermore, Rekt raised an interesting hypothesis about September potentially being a “fake-breakdown month.” Historical data indicate that September typically sees an average monthly return of -5%, while October averages 22.90%. This pattern suggests that any support that the Bitcoin price appears to have lost during the past month could be swiftly reclaimed, especially as the cryptocurrency currently trades around $56,600. Should October follow its historical trend, a 22.90% increase would position Bitcoin below its all-time high at approximately $68,780. At the time of writing, the largest cryptocurrency on the market records a 4% increase in the 24-hour time frame, resulting in its price regaining the $56,600 mark. However, over the last 30 days, BTC has recorded losses of over 7%. Featured image from DALL-E, chart from TradingView.com
According to Onchain data, cryptocurrency wallets affiliated with the Ethereum Foundation may have begun another sell-off. Continue Reading: Is the Ethereum Foundation Selling Again? New Here’s the New Onchain Data
US governmental authorities are attempting to gain access to an incarcerated Binance employee in Nigeria, according to a local reports. In February of this year, Binance executive Tigran Gambaryan was arrested alongside a colleague, Nadeem Anjarwalla, who managed to escape the country. The pair had traveled to Nigeria to engage in regulatory talks. Gambaryan has The post US Authorities Attempting To Access Imprisoned Binance Employee in Nigeria: Report appeared first on The Daily Hodl .
Metaplanet is planning stock sales with a simultaneous plan to buy Bitcoin in a frantic move to double down on its portfolio The post Metaplanet Reveals Latest Plan to Increase its Bitcoin Holdings appeared first on TheCoinrise.com .
The trading volume and speculator participation showed that market expectations for BTT are bullish.
Bitcoin is firm at spot rates, looking at the development in the daily chart. Even so, the downtrend remains, and price action remains within a bearish breakout formation. This outlook follows the dump on September 7 that saw the world’s most valuable coin plunge, approaching the all-important round number, $50,000. Bitcoin Leveraged Positions Building Up Technically, the downtrend remains, especially if bulls can’t unwind the losses of September 7. From an effort-versus-result perspective, the trend set in motion by September 7 will shape the short-term, possibly accelerating the fall below August lows. Related Reading: FET Teeters At Trendline: Will A Breakout Fuel A Run To $1.86? Amid this development, one on-chain analyst notes that there has been a massive accumulation of leveraged positions from March 2024. Though it remains uncertain which direction prices will move, the current state of affairs means sellers have the upper hand. If bulls take over, this would be a massive sentiment boost for BTC bulls, who have had to contend with sharp losses over the past three months. Regardless of the direction, this build-up in leverage position precedes a period of heightened volatility in the coming days. While Bitcoin trends lower, sentiment has taken a hit, explaining the shrinking trading volume over the past two weeks. Since late August, BTC has fallen from around $66,000, losing nearly 20% by last week’s lows. At the same time, volatility is comparatively low and not unlike the state of affairs when BTC turned the corner, sharply expanding from late February before printing fresh all-time highs in mid-March 2024. Average Funding Rate Is Bullish, Will This Change? Interestingly, despite the lower lows, trading data shows that the average funding rate across derivatives exchanges has remained bullish for over a year. This development could be due to the shift in price action that saw the world’s most valuable coin turn the corner, rising from late Q3 2023. The recovery saw BTC shake off weakness and explode to above $70,000 after losses in 2022 that took the coin to as low as $15,800. Related Reading: Bitcoin Rainbow Chart Forecasts An End To Bearish Headwinds With $60,000+ Target For bulls to dominate in the derivatives market, prices must recover steadily. A break above $66,000 and July highs would likely spur demand, lifting the coin above the multi-month resistance at $72,000. Nonetheless, for this to happen, there must be inflows to spot Bitcoin ETFs. Falling prices have accelerated outflows from this product, meaning institutions are playing safe. So far, SosoValue shows outflows of over $169 million for spot Bitcoin ETF issuers in the United States. Feature image from DALLE, chart from Trading View
The FBI has reported a significant rise in financial losses linked to cryptocurrency, highlighting the ongoing perilous landscape for investors. With over 69,000 complaints lodged in 2023, the total financial
Apple unveils the AI-powered iPhone 16 with new features driven by Apple Intelligence, alongside the launch of the Watch Series 10 and AirPods 4.
According to a report from the FBI, American users lost over $5.6 billion to cryptocurrency scams in 2023, marking a staggering 45% increase compared to 2022. This alarming rise highlights
On Bitcoin, Saturn and synchronicity. From "The Privacy Issue"
Telegram game Hamster Kombat has added another way to earn towards the airdrop. Here’s what you need to know.
There is a recovery in Bitcoin and the general cryptocurrency market. But is the real reason for this rise known? Continue Reading: Bitcoin’s Recovery Has Begun – But Is There a Known Reason? What are the Latest Data? Here are the Details
The elderly were the most vulnerable, and crypto ATMs have a variety of illicit uses, the report found.
In 2023, the world of cryptocurrency witnessed a staggering increase in financial crime, resulting in investor losses of $5.6 billion. Investment fraud emerged as the most significant threat, accounting for
Bungie unveils its 2025 roadmap for Destiny 2, featuring two annual expansions, free seasons, and a new Apollo Saga to refresh the game's content.
The world of online gambling is undergoing a seismic shift, and cryptocurrencies are at the forefront of this change
Will Bitcoin's widening Bollinger Bands signal the start of a bull run despite current price struggles?
On-chain data shows that the Bitcoin Mining Hashrate has just set a new all-time high (ATH) despite the asset’s bearish trajectory. 7-Day Average Bitcoin Mining Hashrate Has Shot Up Recently The “Mining Hashrate” refers to a metric that keeps track of the total amount of computing power that the miners as a whole have connected