BTC USD dropped to around $81,000 on Monday, October 12, as a wave of forced selling hit leveraged traders, before recovering to $83,635. CoinGlass data shows $820.84 million in crypto …
Andrew Grant
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Crypto
ZEC and NEAR Plummet Hard, BTC Recovers From Rollercoaster Ride: Market Watch
by Andrew Grantby Andrew GrantSTX is the only notable gainer over the past 24 hours. Bitcoin’s price nosedived once again on Tuesday morning, but this time it marked a higher low and rebounded …
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Crypto
Blur is closing. The NFT market downturn is getting harder to ignore
by Andrew Grantby Andrew GrantBlur will retire its trading website on November 12, leaving its marketplace contracts on Ethereum while its Blend lending service stops matching new loans. Its exit from the interface business …
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Crypto
Horrific Crypto Robbery in the UK as Thieves Threaten to Kill Pregnant Wife’s Baby
by Andrew Grantby Andrew GrantA British businessman was beaten with hammers by masked intruders who broke into his home and threatened to kill his heavily pregnant wife unless he handed over hundreds of thousands …
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Crypto
BitMine’s Weekly ETH Buys Shrink to 12,532 as Tom Lee Says Stacking Is Done
by Andrew Grantby Andrew GrantBitMine has staked 84% of its Ethereum holdings, projecting up to $400 million in annual staking revenue once the entire treasury is deployed. BitMine said on Monday it bought …
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Sberbank has secured the Bank of Russia’s approval to provide cryptocurrency exchange services, joining nine registered operators ahead of its planned Dec. 1 product launch. Summary Nine organizations now appear …
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Crypto
Jeonbuk’s BTC USD Loan Terms Remain Unclear as Banks Test Collateral
by Andrew Grantby Andrew GrantJeonbuk Bank has reportedly started offering Korean-won loans to corporate customers who pledge BTC USD for business operating funds, a reported first for a South Korean bank. Edaily reported the …
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Crypto
Bitcoin Could Rally to $94K, but First It Must Break Through This Key Price Zone
by Andrew Grantby Andrew GrantBitcoin’s ability to regain the $86,000 to $89,000 range will be a key factor in Doctor Profit’s forecast. Crypto analyst Doctor Profit expects the world’s largest crypto asset to …
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Truflation has forecast that September U.S. headline inflation will rise to 3.6% from August’s 3.4%, while annual core inflation will hold at 2.4% as weaker hiring and easing housing costs …
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Crypto
A Decade-Old Ripple XRP Ledger Flaw Was Patched Before Disclosure
by Andrew Grantby Andrew GrantA decade-old flaw in the Ripple XRP Ledger payment engine could theoretically have let attackers create spendable XRP beyond the network’s fixed 100 billion supply cap. Ripple says the fix …