Bitcoin (BTC) could face a sharp drop triggered by a potential bearish breakout
Bitcoin (BTC) has exhibited bearish momentum over the past few weeks, and now it could make a bearish breakout from a short-term pattern This breakout has the potential to trigger a sharp drop in BTC to levels it has not visited since early March. BTC: Resistance gets stronger ...
Cryptocurrency Platform ezBtc Accused of Defrauding Investors of $13 Million
The British Columbia Securities Commission (BCSC) accused Vancouver-based non-functioning cryptocurrency platform ezBtc of defrauding investors and defrauding $13 million. According to local media reports, the regulator accused BCSC creator David Smillie of orchestrating ...
MATIC Technical Analysis: Is a Bearish Breakout Imminent?
Polygon (MATIC) broke through the support line of the long-term structure. This could be a signal of the end of the long-term growth phase. The daily timeframe also supports the continuation of the decrease in the rate of MATIC, because a bearish pattern has formed on the chart here. According ...
DeFi Project Deus Finance Hacked Again, Loses Over $6 Million in DEI Tokens
DeFi Deus Finance project has another problem - this time hackers managed to find a vulnerability in DEI steblecoin smart contracts and withdrew $1.3 million in BSC network and over $5 million in Arbitrum network. The vulnerability was discovered in the burnFrom function. ...
XRP Whales Accumulating Coins as Bullish Trend for Ripple Emerges
Ripple (XRP) gained 4.5% in the past two weeks. According to onchain analysis, whales were actively buying the coin during this period, which can be seen as a bullish signal for XRP in the coming weeks. May began for XRP -the native coin of the blockchain project Rippl ...
Bitcoin Faces Bearish Signals, May Experience Sharp Decline
Bitcoin rebounded from a long-term horizontal resistance area and has been giving up since. BTC is now trading inside a short-term bearish pattern A bearish break of this pattern's neckline could trigger a sharp drop in the B ...
Altcoin Losers: SUI Tops the List with 71.72% Loss in Seven Days
BeInCrypto editorial staff analyzed five outsiders of the week among altcoins. These coins suffered the biggest losses between April 28 and May 5. The altcoins that have suffered the biggest losses in the past seven days amid an overall bear market include: ...
Binance Responds to Reuters’ Claims of Terrorist Ties
The management of the cryptocurrency exchange Binance commented on a recent article by Reuters news agency about the Israeli authorities blocking 190 accounts of the exchange with ties to terrorists. Reuters recently published an article citing a document by Israel's Nation ...
Technical Analysis: MATIC Facing Risk of Bearish Breakout
Polygon (MATIC) is trying to make a bearish breakout from its long-term price structure. This jeopardizes all the growth seen since the beginning of this year. The daily timeframe is also giving bearish signals. As a consequence, the MATIC course needs an urgent bullish reversal to neutralize the ...
North Carolina House of Representatives Passes Bill Prohibiting Payments in CBDCs
The North Carolina House of Representatives passed a bill that would prohibit commercial companies and government agencies and accept payments made in central bank digital currencies (CBDCs). In the debate preceding the vote, parliamentarians agreed that CBDCs are "the co ...