According to Kraken, there was a break above a key bearish trend line with resistance at $85.00 on the 4-hour chart of the SOL/USD pair, which could start another decline if it fails to overcome the resistance at $92 or $94. Solana is attempting a recovery wave from the $80 zone. SOL price might struggle […]
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The Bitcoin price drop has been triggered by massive outflows from the Grayscale Bitcoin Trust (GBTC) as investors redeemed their shares. Amid the current market turmoil, the Bitcoin Fear & Greed Index has continued to decline sharply. This drop has seen the index fall to its lowest level in more than three months as cryptocurrency […]
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Recent findings from cybersecurity firm Kaspersky shed light on a sophisticated malware attack targeting MacBook users in the crypto space. In the rapidly growing cryptocurrency industry, the widespread adoption of cryptocurrencies has attracted not only legitimate users but also cybercriminals seeking to exploit vulnerabilities. Kaspersky Lab experts found that attackers repackaged previously cracked applications as […]
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The event that was expected to drive the price higher was more of a news selling event. Many large BTC holders began selling their holdings as the price did not skyrocket immediately following the news. While short-term sentiment remains negative, most experts do not view this decline as fatal just yet. A Bitcoin price recovery […]
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Grayscale, the largest digital asset manager, has seen more than $3.3 billion in outflows since converting its GBTC fund into a Bitcoin ETF. BlackRock and Fidelity are the biggest buyers of Bitcoin, with 39,925 and 34,127 BTC, respectively, while Grayscale has offloaded 82,525 BTC. ETF Store President Nate Geraci suggests that a strategic acquisition of […]
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