Category: Crypto News
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Oil Surges Near $100 Stalling Bitcoin Breakout From $70K
Web 3 Journalist Tim Hakki Web 3 Journalist Tim Hakki Part of the Team Since Feb 2024 About Author A journalist and copywriter with a decade’s experience across music, video games, finance and tech. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The…
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Ethereum Whales Boost XAUT Holdings as Supply Hits 712K
TLDR Ethereum whales increased their XAUT holdings as wallet numbers rose to 35,609 by March 11. Tether expanded XAUT supply to 712,247 tokens, pushing market capitalization near $3.57B. Gold prices gained over 78% in the past year, while BTC declined by 16.78%. Abraxas Capital accumulated about 2.7K XAUT tokens valued at roughly $265M. XAUT recorded…
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Bitcoin Crosses $70K And FOMO Is Back, But Fear Still Grips The Market
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Five months of losses may have set Bitcoin up for a rebound — and some traders think the bears are about to face their first real test this cycle. Oversold Conditions Catch The Market’s Attention Bitcoin climbed back above $70,000 on Tuesday,…
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Bonk.fun Domain Hijacked to Push Crypto Wallet Drainer
Bonk.fun warned users not to use its site after attackers hijacked the domain and pushed a fake wallet-draining prompt. The domain of Solana-based platform memecoin launchpad Bonk.fun has been hijacked after attackers gained access to a team account and deployed a wallet-draining scheme through the site. The Bonk.fun account on X warned users early Thursday…
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Pro Traders Anticipate Low Odds of a Bitcoin Rally Toward $78,000
Key takeaways: Professional traders remain cautious, pricing low odds for a Bitcoin breakout to $78,000 despite recent ETF inflows. US and Israel-Iran war and soft US labor data offset momentum in Bitcoin ETFs. Bitcoin options: 17% chance of breaking $78,000 Bitcoin (BTC) reclaimed the $70,000 mark again on Wednesday. However, repeated failed attempts to break…
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Aave-Linked Capo Oracle Glitch Triggered $27 Million in Liquidations
A configuration error in a risk-oracle system used by crypto lending platform Aave triggered the liquidation of about $27 million in wrapped staked Ether (wstETH) positions, prompting the protocol to move to compensate affected users. In a post-mortem published Tuesday, Aave said about 10,938 wstETH worth around $27.1 million was liquidated after the protocol applied…
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Why FLOW price is up over 50% today after Upbit and Bithumb delisting announcement
Legal injunction halts South Korean delistings of FLOW cryptocurrency. Altcoin rotation supports FLOW’s surge, outperforming broader crypto markets. Momentum indicators show FLOW in the overbought region, hinting at a possible pullback. FLOW, the native token of the Flow blockchain, has seen a dramatic surge today, climbing over 53% in just 24 hours. The jump comes…
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Bitcoin’s Million-Dollar Dream: Bitwise Lays Out The Path To $1 Million Per Coin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Despite Bitcoin (BTC) trading approximately 40% below its all-time highs and striving to maintain stability above the $70,000 mark, the long-term optimistic view on its value remains intact, particularly according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management. In a…
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Ethereum’s Adoption Paradox: More Users, Lower Prices
Ethereum is seeing a growing divergence between the level of activity on the network and spot prices, suggesting that transactional activity alone isn’t driving demand for Ether. Ethereum network activity has been reaching record highs, according to CryptoQuant, including active addresses, token transfers, and smart contract calls. Total active addresses spiked to over 1.1 million…
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Months More Bitcoin Consolidation Expected as Long-term Holder Activity Decreases
Bitcoin prices could continue to consolidate for a while yet, as network activity indicates decreasing momentum amid reduced selling pressure. Bitcoin didn’t remain above $70,000 for long and has fallen back below it in early trading on Wednesday morning. Resistance was too strong, and it has returned to the middle of its five-week range-bound channel.…
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