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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 ...
Texas Securities Commission warns of fraudulent scheme promoting TruthGPT Coin using AI model
The Texas Securities Commission has warned of a fraudulent scheme promoting the crypto-asset TruthGPT Coin and allegedly using an artificial intelligence model called Elon Musk AI. According to a statement from commissioner Travis J. H. Hughes, a member of the Texas State ...
Altcoin Market Capitalization Falls Below Long-Term Level, Jeopardizing Previous Bullish Breakout
Altcoin market capitalization fell below long-term horizontal level. This jeopardizes the legitimacy of the previous bullish breakout. If altcoin capitalization doesn't make a reversal soon, it could be fraught with sharp declines and a loss of previous gains. Will Dogecoin (DOGE) an ...
ARB Token Faces Crucial Test as Price Threatens to Break Below Support
The Arbitrum exchange rate (ARB) is at an important crossroads. The price risks falling below a significant support area, which could trigger a sharp drop The above-mentioned support is formed by the support line of the long- ...
BitFlyer Fined $1.2 Million for Violating Cybersecurity Regulations by NYDFS
The New York State Department of Financial Services (NYDFS) fined cryptocurrency exchange BitFlyer $1.2 million for violating cybersecurity regulations. In 2017, BitFlyer USA, a subsidiary of BitFlyer Holdings, received a license from the New York regulator allowing the e ...
Memcoin Market Update: Pepe Token Surges While Dogecoin and Shiba Inu Struggle
While the meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) could not hold their gains, the token Pepe (PEPE) staged a spectacular rally. While other memcoins echoed the dynamics of bitcoin (BTC) last weekend. The PEPE token, inspired by the Pepe the Frog meme, suddenly ranked 17th by daily tra ...
Belarus fines foreigner for running illegal cryptocurrency exchange
The Ministry of Internal Affairs of Belarus reported a new offense in the field of cryptocurrencies - a citizen of another country opened a digital asset exchange in Minsk and now the young man faces a fine. A 22-year-old foreigner organized a cryptocurrency exchanger, sp ...
Uniswap (UNI) On-Chain Metrics Suggest Potential for Rebound After Recent Dip
The Uniswap exchange rate (UNI) has pulled back about 17% from the local high of $6.4 recorded on April 14. However, onchain metrics bode well for a rebound UNI, the native token of decentralized cryptocurrency exchange (DEX) ...
Security Vulnerability in Level Finance Allows Attackers to Steal $1 Million
Mistakes in the security of the Level Finance platform allowed attackers to withdraw more than 214,000 LVL and exchange for 3,345 Binance Coin (BNB) coins totaling approximately $1 million. PeckShield, which monitors blockchain security issues, reported that a bug was dis ...