Bitcoin has fallen below $60,000, down 4% in 24 hours. The Wyckoff reaccumulation pattern suggests a potential retest of $74,000. Rate cuts by 2024 may lift investor sentiment.
Galaxy Research’s report questions Bitcoin rollups’ long-term viability due to high posting costs. Analyst Gabe Parker stresses the need for significant fee revenue, amid competition for block space.
Dogecoin Core 1.14.8 will enhance network reliability by improving the reproducibility of the compilation process, addressing risks from unaudited code, and boosting security.
Australian prosecutors seek a prison sentence for a Crypto.com user who mistakenly received $7 million and spent a significant portion before the error was discovered.
The abrupt shutdown of ZKX has stirred significant concern within the cryptocurrency realm, prompting Amber Group and others to urge for greater transparency and accountability in crypto projects.
Argentina integrates AI into crime prevention, forming the Applied AI for Security Unit to predict and thwart future crimes, sparking concerns about privacy and ethical implications.
Ethereum clings to a crucial support level, potentially dropping below $2.8K. Traders are closely monitoring this pivotal moment, which could affect both Ether and Bitcoin.
Senator Lummis introduces the Bitcoin Strategic Reserve Bill, aiming to create a U.S. reserve of 1 million Bitcoin managed by the U.S. Treasury with strong cybersecurity.
Spot Ethereum ETFs offer high liquidity and low fees but lack staking options. Retail investors might consider regulated exchanges or DeFi protocols for maximizing returns.
Microsoft calls OpenAI both a “strategic partner” and a “competitor” in an SEC filing amid U.S. and EU antitrust probes. This partnership faces regulatory scrutiny.
