- Rikers Island Jail Inmate Dies From Medical Incident
- Upbit Adds USDT Trading for Brett and Pepe Coins
- Unlocking Bitcoin Liquidity for DeFi with Corn
- Random attack at Los Angeles subway station shocks community
- SEC Updates Regulations for Cryptocurrency Trading Platforms.
- State Street Partners with Taurus for Real-World Asset Tokenization
- Ledn’s $50 Million Bitcoin-backed Loan Transforms Crypto Finance.
- Warning: Malicious Google Chrome Extension Targeting Solana Users
Author: Miller Trump
Bitcoin Price Plunges Below $67,000 After Reaching $70,000 Milestone Bitcoin, the world’s largest cryptocurrency by market capitalization, experienced a sudden drop in price after briefly hitting the $70,000 mark for the first time in almost two months. The price plummeted below $67,000, causing concern among investors and traders. Market Volatility and Investor Sentiment The volatile nature of the cryptocurrency market has once again come to the forefront as Bitcoin’s price swings continue to surprise investors. The recent sharp decline in price has raised questions about market stability and the factors influencing investor sentiment. Technical Analysis and Price Predictions Technical analysts…
Solana’s Total Daily Fees Reach $5.5 Million, Highest in Three Months On July 28, Solana, a popular blockchain network, saw its total daily fees surpass $5.5 million, marking the highest level of fees collected in three months. This significant increase in fees indicates a surge in network activity and usage, showcasing the growing popularity and demand for Solana’s blockchain ecosystem. The Rise of Solana’s Network Activity This surge in total daily fees on the Solana network is a clear indicator of the rising interest and adoption of the network by users and developers alike. With its fast transaction speeds and…
German Immigrant Fatally Injured Outside Hell’s Kitchen Bar A tragic incident occurred outside Rudy’s Bar & Grill in Hell’s Kitchen, resulting in the death of German immigrant Florian Oltmann. The 38-year-old lost his life after being punched unconscious by a man on a moped on the sidewalk. Altercation Leads to Fatal Consequences Oltmann and a 56-year-old man from Illinois, who was on a business trip, were leaving the bar and heading towards their Uber when they were confronted by the moped rider. A dispute ensued, escalating quickly as the rider punched the older victim in the face, rendering him unconscious.…
OKX Launches Pre-Market Futures Platform with Hamster Kombat’s HMSTR Token OKX, a well-known cryptocurrency exchange, has introduced a new pre-market futures platform by featuring the HMSTR token from the popular Telegram mini-app game Hamster Kombat. This launch signifies a significant advancement in how traders can engage with upcoming crypto projects like Hamster Kombat before their official debut on mainstream spot trading platforms. Innovative Trading Opportunity The pre-listing futures platform by OKX aims to provide traders with the chance to participate in the price discovery of new tokens prior to their official release. By choosing the HMSTR token from Hamster Kombat…
Coinbase Partners with DigitalX to Provide Bitcoin Custody Services US cryptocurrency exchange Coinbase is providing Bitcoin custody services to Australia’s DigitalX, the country’s second issuer of spot BTC ETFs. In an effort to expand its services globally, Coinbase has partnered with DigitalX, an Australian company specializing in digital asset management. This partnership marks a significant step forward for both companies, as they seek to offer secure and reliable Bitcoin custody solutions to institutional investors in Australia and beyond. Benefits of the Partnership One of the key benefits of this partnership is the increased accessibility of Bitcoin custody services for investors…
An Insightful Analysis of New York’s Cryptocurrency Market Cryptocurrency markets, particularly in New York, have been experiencing a great deal of volatility in recent years. This volatility can be attributed to a variety of factors, including regulatory uncertainty, market speculation, and macroeconomic trends. By taking a closer look at the specifics of New York’s cryptocurrency market, we can better understand the dynamics at play and make informed decisions regarding investment strategies. Factors Driving Volatility in New York’s Cryptocurrency Market One of the key factors contributing to volatility in New York’s cryptocurrency market is regulatory uncertainty. New York has implemented strict…
Unbelievable Returns: Developer Wallet Turns $550 into Over $2.8 Million If you think turning $550 into over $2.8 million sounds like a fantasy, think again. One developer hit the jackpot after investing just $550 into a relatively unknown cryptocurrency project. The unbelievable return of more than 5,100 times the initial investment has left many in awe. The Genesis of the Investment The story begins with the developer stumbling upon a new cryptocurrency project that caught his interest. Intrigued by the project’s potential, he decided to take a chance and invested $550 in the early stages. Little did he know that…
The Arrest of Lawrence Costa: Man with Loaded Gun Caught Sleeping in Brooklyn Subway Station Video footage has surfaced showing the arrest of a man known to the NYPD who was found sleeping in a Brooklyn subway station with a loaded gun visible in his waistband. The man in question, identified as 45-year-old Lawrence Costa, was apprehended around 6:40 a.m. on Sunday at the Myrtle Avenue and Broadway station in Bed-Stuy. Discovery of the Loaded Gun When officers arrived at the station, they noticed a black gun in plain sight in Costa’s waistband as he slept on a subway staircase.…
Factors Boosting Ether Price After Donald Trump’s Support Following Donald Trump’s strong endorsement of cryptocurrency at the Bitcoin 2024 conference in Nashville, the price of ether experienced a significant boost in the market. This unexpected show of support from a prominent political figure helped generate a renewed interest in cryptocurrencies, particularly ether, among investors and traders. The Impact of Trump’s Endorsement Trump’s vocal support for cryptocurrency at a high-profile event like the Bitcoin 2024 conference had a direct impact on the market. His endorsement provided a sense of legitimacy and credibility to the industry, attracting both seasoned investors and newcomers…
The integration of blockchain technology in 21Shares’ Ethereum ETF The integration of blockchain technology in 21Shares’ Ethereum ETF is a significant milestone for the industry. By leveraging blockchain, 21Shares aims to enhance transparency and trust among investors, ultimately boosting the adoption of their Ethereum ETF. Enhancing transparency through blockchain Blockchain technology allows for the creation of a tamper-proof, immutable ledger of transactions. By implementing blockchain in their ETF, 21Shares can provide investors with real-time access to transparent and verifiable information about the underlying assets, reducing the risk of fraud and manipulation. Furthermore, blockchain technology enables 21Shares to streamline their operational…
France Internet Cables Vandalized: Disruption and Investigation France has been rocked by a series of disruptions to its critical infrastructure, with the latest incident involving the vandalism of long-distance internet cables. This deliberate act of sabotage has led to widespread disruptions in internet services across the country, raising concerns about the security of France’s digital infrastructure. Impact on Telecom Companies and Customers SFR, one of France’s leading telecommunications companies, has been particularly affected by the vandalism. With its long-distance fiber network disrupted at multiple locations, SFR’s maintenance team is working around the clock to repair the damage and minimize the…
Following the launch of the Ethereum ETF, the fourth week of July brought significant drama and chaos to the cryptocurrency ecosystem. July 22 marked a milestone, with over $4 billion in trading volume generated in the first week of the ETF’s launch. This strong start raised expectations for a potential increase in the price of Ethereum. However, initial price fluctuations led to uncertainty among traders. Ethereum Price Surge Signals Recovery Despite the initial price drop of 13.37% from July 22 to July 26, Ethereum saw a bullish reversal following a positive market reaction to Donald Trump’s speech at the Bitcoin…
Whales Dominating the Bitcoin Market Whales, or large holders of bitcoin, have significantly impacted the cryptocurrency market by accumulating the majority of Bitcoin in circulation. According to recent data, approximately 1.86% of addresses hold the majority of Bitcoin supply, indicating a high level of concentration among a small group of investors. Impact on Price Movements With whales controlling a large portion of Bitcoin, their trading activities can have a major impact on price movements. When whales decide to buy or sell large amounts of Bitcoin, it can cause significant volatility in the market, leading to rapid price shifts that can…
Governor Hochul and New York State Democratic Leaders Invest $5 Million in Key House Races Governor Hochul, along with other Democratic leaders in New York State, has made a significant investment in seven U.S. House candidates in an effort to secure control of Congress. This strategic move comes after a challenging 2022 election cycle and years of internal party conflicts. Commitment to Democratic Future This substantial investment is aimed at improving the chances of Democratic candidates in key House races in 2024. Governor Hochul emphasized the importance of building a strong foundation for the party’s coordinated campaign and securing the…
Overview of Merlin Chain Merlin Chain (MERL) is a pioneering cryptocurrency operating in the decentralized finance (DeFi) sector, offering innovative solutions for traditional financial transactions. With a significant Total Value Locked (TVL) and advanced features, Merlin Chain has established itself as a key player in the cryptocurrency industry. Key Features of Merlin Chain Merlin Chain sets itself apart with its focus on enhancing DeFi functionality through smart contracts and automated protocols. By utilizing these technologies, Merlin Chain provides users with a secure and efficient way to manage their digital assets and engage in various DeFi activities. Moreover, Merlin Chain emphasizes…
Cryptocurrency Exchange Bitget Partners with Nansen Research Cryptocurrency exchange Bitget has recently announced a partnership with Nansen Research to enhance their understanding of various cryptocurrencies based on coin cycles. This collaboration aims to provide Bitget with valuable insights and data analysis to make informed decisions regarding potential investments and trading strategies. The Importance of Coin Cycles in Cryptocurrency Trading Understanding coin cycles is crucial in the world of cryptocurrency trading. Coin cycles refer to the patterns and trends that cryptocurrencies follow over time, including their price fluctuations, trading volume, and market sentiment. By analyzing these cycles, traders and investors can…
Gun violence near migrant shelter in New York City Gun violence has once again rocked New York City, this time near a troubled migrant shelter on Randall’s Island. Early Monday morning, three people were shot, one fatally, in a senseless act of violence that has left the community shaken. Tragic incident claims a life The tragic incident involved a 44-year-old woman who was shot in the face and back, succumbing to her injuries despite the efforts of paramedics who rushed her to Harlem Hospital. The senseless loss of life has left a void in the hearts of her loved ones,…
Bitcoin Cash Price Surges Alongside Bitcoin’s Rise The price of Bitcoin Cash (BCH) has seen a significant surge in value, reflecting the overall bullish trend in the cryptocurrency market. With Bitcoin reaching nearly $70,000, Bitcoin Cash has also made impressive gains, trading above $450. Bitcoin Cash Bulls Rally for Further Gains Bitcoin Cash experienced a notable 14% increase in just 24 hours, reaching levels above $450 that haven’t been seen since mid-June. This surge coincided with Bitcoin’s rise to almost $70,000, as the leading digital asset gained 3% in the same timeframe. Despite facing challenges related to selling pressure, including…
The Rise of Ethereum ETFs in the US Market CoinShares reported that the spot-based Ethereum ETF debuted with $2.2 billion in inflows, offset by a $285 million net outflow from Grayscale. This significant inflow signals a growing interest in Ethereum ETFs in the US market, reflecting investors’ confidence in the potential of Ethereum as a lucrative investment opportunity. The Appeal of Ethereum ETFs One of the main reasons behind the increasing popularity of Ethereum ETFs is the ease of access they provide to retail investors. Instead of buying and storing Ethereum directly, investors can now gain exposure to the cryptocurrency…
Bitcoin Bulls Eyeing $70,000 as Price Gains Momentum Bitcoin bulls are on the rise once again, pushing for a breakout above the all-time high resistance level as the price of BTC gains momentum. With $70,000 back in play, investors are closely monitoring the market for potential opportunities. Bitcoin Bulls Rally as Resistance is Tested The recent surge in Bitcoin price can be attributed to the bullish sentiment in the market, with investors hopeful for a sustained upward trend. As the price of BTC hovers near the all-time high, traders are keeping a close eye on key resistance levels to gauge…
CoinShares Reports Strong Inflows for Ethereum ETF, Opposite for Grayscale CoinShares recently released data showing that the new spot-based Ethereum ETF saw impressive inflows, reaching up to $2.2 billion. However, in contrast, Grayscale experienced net outflows amounting to $285 million during the same period. Significant Contrast in Investment Trends The contrasting trends between the two investment vehicles highlight the shifting preferences of investors within the digital asset space. While the Ethereum ETF attracted substantial capital, Grayscale’s outflows indicate a potential shift in sentiment or allocation strategies among investors. Transitioning from the traditional finance sector to the crypto market, institutional and…
Recent Fiber Optic Network Sabotage in France Some fiber optic networks across France have been reported to have been “destroyed” – just days after arson attacks crippled high-speed train services during the Olympics opening ceremony. Cables to several telecoms operators in six French regions were deliberately cut early on Monday, police told AFP. However, Paris was not affected by the sabotage. Extent of Damage and Efforts to Identify Perpetrators According to French newspaper Le Parisien, cables in electrical cabinets of operators SFR and Bouygues in southern France have been cut, and installations in the Meuse region near Luxembourg and the…
The Cryptocurrency Market Rebounds Strongly After a week of losses, the cryptocurrency market has rebounded quickly. With names like Bitcoin, Solana, and Pepe dominating the market, the brief correction period appears to be over. Bitcoin’s Resurgence and Positive Momentum The largest cryptocurrency on the market made a comeback over the weekend, surging 3.40% in 24 hours. Its 7-day growth chart shows a gain of 3.08%, while the value has increased by 15% over the past month. BTC has climbed back to the $70,000 mark, stimulated by news such as the resurgence of BTC addresses from the Satoshi Nakamoto era and…
BlackRock Warns Investors of Rising Crypto Scams BlackRock, one of the world’s largest asset management firms, has issued a warning to investors about the increasing number of cryptocurrency scams targeting its iShares Bitcoin and Ethereum exchange-traded funds (ETFs). The company is urging investors to be vigilant and cautious, especially when it comes to social media impersonators. The Rise of Crypto Scams In recent years, the popularity of cryptocurrencies like Bitcoin and Ethereum has surged, attracting a growing number of investors looking to capitalize on the digital assets’ potential for high returns. However, with this increased interest in crypto investments, scammers…
British Hacker Elliott Gunton Sentenced for $900,000 Coinbase Scam British hacker Elliott Gunton has been sentenced to three and a half years in prison for orchestrating a complex scam that defrauded victims of more than $900,000 through fake Coinbase login schemes. The sentencing at Norwich Crown Court emphasized the seriousness of Gunton’s conduct, which involved creating a dummy website to steal user credentials. The Rise of a Young Hacker Gunton’s criminal activities spanned from 2018 to 2019, marking a continuation of his earlier involvement in cybercrime as a youth. At just 16 years old, he gained notoriety for his role…
BlackRock Warns Investors of Increasing Crypto Scams Targeting iShares Bitcoin and Ethereum ETFs BlackRock, one of the world’s largest investment management firms, has issued a warning to investors regarding a surge in crypto scams targeting its iShares Bitcoin and Ethereum exchange-traded funds (ETFs). The company is urging caution and vigilance, particularly against social media impersonators who may be attempting to defraud unsuspecting individuals. The Rise of Crypto Scams As the popularity of digital assets like Bitcoin and Ethereum continues to grow, so too does the prevalence of scams targeting investors. BlackRock’s ETFs, which provide exposure to these cryptocurrencies, have become…
Bitcoin Prices Surge by 5.7% As Week Begins As the week begins, Bitcoin prices are up 5.7% from today’s peak. This surge comes after a period of volatility in the cryptocurrency market, with Bitcoin experiencing fluctuations in value over the past few weeks. Market Sentiment Drives Price Increase One of the key factors driving the increase in Bitcoin prices is positive market sentiment. Investors and traders are optimistic about the future of the cryptocurrency, leading to increased demand and a subsequent rise in prices. Furthermore, the recent endorsement of Bitcoin by major institutional investors has also contributed to the bullish…
Violent Night in New York City: Two Stabbings Leave Several Injured Two violent attacks shook New York City on Sunday night, leaving multiple people injured and sparking fear in the community. The incidents, one at a Queens subway station and the other in Lower Manhattan, have raised concerns about safety in the city. Stabbing at Jamaica Van Wyk Station At around 8:30 p.m., a 23-year-old man was brutally stabbed multiple times on the mezzanine of Jamaica Van Wyk Station in the Richmond Hill area. The victim was rushed to Jamaica Hospital Medical Center, where he is currently in stable condition.…
The Latest Crypto Scams Making Headlines In recent news, a British hacker is facing jail time for his involvement in a Coinbase dummy site scam. This scam involved creating a fake version of the popular cryptocurrency exchange website, tricking users into providing their login credentials and ultimately stealing their funds. The hacker’s elaborate scheme has finally caught up with him, and justice is being served. The El Paso Crypto ‘Ponzi Scheme’ Unraveled Meanwhile, an El Paso man is under investigation for allegedly running a cryptocurrency ‘Ponzi scheme’ that funded his lavish lifestyle. The scheme, which promised investors high returns on…
Transforming Finance in the Middle East with Finnovex Middle East 2024 Finnovex Middle East 2024 is set to revolutionize the financial landscape in the region, bringing together industry leaders, innovators, and stakeholders to explore the cutting-edge developments in fintech. This two-day conference promises to showcase the transformative power of technology and its role in reshaping the financial industry in the Middle East. Exploring Emerging Technologies and Trends At Finnovex Middle East 2024, attendees can expect in-depth discussions on emerging technologies such as artificial intelligence, blockchain, digital banking, cybersecurity, and regulatory compliance. These technologies are driving significant changes in the financial…