Bitcoin (BTC) has been posting higher lows for the past eight weeks, but during this time, BTC has not been able to flip the $24,000 resistance to support on at least three different opportunities. This is precisely why the $475 million Bitcoin options expiry on Aug. 12 might be a game changer for bulls. Considering
Month: August 2022
The Aug. 10 Consumer Price Index (CPI) report shows year-over-year inflation rose 8.5% in July and while this figure is below economists’ expectations of 8.7%, it is still high. Although inflation remains much higher than the Federal Reserve’s 2% target, the marginal slowdown raises hopes that the rate hikes by the Federal Reserve have started to work.
It’s a story that still haunts the early generation of Canadian crypto users to this day. Four years prior, Gerald Cotten, co-founder of Canada’s then-largest cryptocurrency exchange QuadrigaCX, died under mysterious circumstances in India. But, before his passing, Cotten took virtual keys for digital wallets and moved them into cold storage, leading to the permanent
Bitcoin (BTC) regained $24,000 but failed to hit new multi-month highs on Aug. 10 as United States inflation appeared to be slowing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView CPI cuts risk assets much-needed slack Data from Cointelegraph Markets Pro and TradingView confirmed hourly gains of around $1,000 after U.S. Consumer Price Index (CPI) data for
The Department of Financial Protection and Innovation of California (DFPI) continues to bring actions against crypto interest account providers, failing to comply with the local law. After commanding BlockFi and Voyager to stop their offerings in the state, the DFPI issued a desist and refrain order to crypto lending firm Celsius. The order simply means
An innovation using the cellular network (GSM) could onboard millions of Bitcoin (BTC) users previously unreachable by the internet-dependent Bitcoin protocol. Built by South African developer Kgothatso Ngako, the new SMS-based service is named Machankura, a slang South African word for money. KG, as he’s known to his friends, spoke to Cointelegraph from Pretoria, South Africa,
Decentralized finance protocols continue to be targeted by hackers, with Curve Finance becoming the latest platform to be compromised after a domain name system (DNS) hijacking incident. The automated market maker warned users not to use the front end of its website on Tuesday after the incident was flagged online by a number of members
Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s services and their funds will not be affected, the company assured. Crypto Exchange Cites ‘Lasting Strain on Liquidity’ as Reason for Insolvency Filing Berlin-based crypto
Samsung Galaxy Watch 5 series was launched on Wednesday, during the Galaxy Unpacked 2022 event. The latest smartwatch series includes the Galaxy Watch 5 in two sizes and the Galaxy Watch 5 Pro. The Galaxy Watch 5 features a BioActive sensor that measures heart rate, SpO2 and stress levels. The newly launched Galaxy Watch 5
The Celsius (CEL) community has rallied on Twitter once again to fight off short positions against their favored crypto token despite multiple challenges faced by the exchange, including bankruptcy and rumors of the company’s CEO fleeing from the United States. Thousands of tweets with the #CelShortSqueeze tag have been posted on the social media platform,
Spider-Man Remastered global unlock times on PC have been revealed, ahead of its upcoming release next week. The hotly-anticipated remaster of the 2018 PlayStation exclusive will launch on August 12 for most regions, and August 13 for others. In India, Spider-Man Remastered unlocks on August 12, at 8:30pm IST. Co-developed by Insomniac Games, the new
Criminal Justice season 3 trailer is here. Titled ‘Adhura Sach,’ Disney+ Hotstar dropped a full-length trailer for the third chapter, which sees Pankaj Tripathi’s return as a lawyer challenging the Indian judicial system. The studio released a short teaser for the show earlier this week. As a remake of the British original BBC show, Criminal
In this article COIN Coinbase shares dropped in extended trading on Tuesday after the crypto exchange reported a loss of over $1 billion in the second quarter and missed analysts’ estimates for revenue. Here’s how the company did: Earnings: Loss of $4.98 per share, vs. loss of $2.65 per share as expected by analysts, according
Spotify has redesigned its home page to display separate feeds for music and podcasts, the company announced on Tuesday. The streaming service is rolling out an update for its Android app, which features an updated home interface. While Spotify has also confirmed the updated design will make its way to iOS devices, it is yet
A former Twitter employee has been convicted of failing to register as an agent for Saudi Arabia and other charges after accessing private data on users critical of the kingdom’s government in a spy case that spanned from Silicon Valley to the Middle East. Ahmad Abouammo, a US citizen and former media partnership manager for Twitter’s
Today’s web has made hackers’ tasks remarkably easy. For the most part, hackers don’t even have to hide in the dark recesses of the web to take advantage of people any longer; they can be found right in plain sight on social media sites or forums, professionally advertised with their websites, and may even approach
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