Bitcoin nears key technical breakout that could propel prices to $76,000
Bitcoin is close to forming a pattern that analysts say could signal prices rising to as high as $76,000.
Bitcoin
Maya Protocol exploit drains bitcoin and other assets as pool value drops $11 million
A chain of six flaws caused the cross-chain trading network to credit a pool with nearly 50 million tokens that were never properly funded, letting an attacker drain real assets.
Bitcoin has gone quiet as traders chase ‘5x or 10x’ payoffs elsewhere
Bitcoin’s price swings have hit a cycle low, squeezed by a market tug-of-war with no clear winner. The traders who once lived off its chaos have taken their risk appetite elsewhere.
Bitcoin climbs above $64,000 while most majors slip
Bitcoin rose above $64,000 on Tuesday, up over 1% on the day and marginally higher on the week, the only major with a meaningful gain as the rest of the market drifted lower. Ether eased half a percent to just under $1,900, though it holds… Read More
Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city
Crypto mining was banned in Moscow, the surrounding Moscow Region and parts of Kursk, with the restrictions set to run through Dec. 31, 2032. The measure, established under government decree No. 936, also prohibits participation in crypto mining pools. The decree was signed on July… Read More
Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options
Banking giant UBS, with over $7 trillion in assets under management, has reported a more than 24-fold quarterly increase in call option exposure tied to BlackRock’s iShares Bitcoin Trust (IBIT) in the second quarter. That increase, which gives it the right to acquire IBIT shares… Read More