BITCOIN / CRYPTOCURRENCY AND CHY UPDATES

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Bitcoin Dives To $40K, Why Recovery Could Be Capped

Bitcoin price settled below $46,000 and declined heavily against the US Dollar. BTC even traded close to $40,000 before starting an upside correction. Bitcoin is down over 10% and it broke the $45,000 and $43,000 support levels. The price is now trading below $43,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $43,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could resume its decline if it fails to recover above the $43,000 zone.…

Solana attributes major outage to denial-of-service attack targeting DEX offering

Solana has attributed the 17-hour outage it suffered last week to a denial-of-service attack aimed at Grape Protocol’s Sept. 14 initial DEX offering (IDO). In a Sept. 21 blog post, the Solana Foundation stated that bots spammed the network as Grape launched its IDO on the Solana-based decentralized exchange (DEX) Raydium at 12:00 UTC last Tuesday. The botting activity overwhelmed the network with a transaction load of 400,000 per second, with Solana noting that “unbounded growth of the forwarder queues and resource-heavy blocks” resulted in a number of forks being…

Bitcoin Price In DANGEROUS Territory (Strongest Support at $47k)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Bitcoin price is in DANGEROUS territory! In today’s video we will look at the Bitcoin price, the latest cryptocurrency news, and more…Find out which price BTC needs to avoid and what we are seeing in terms of support and resistance levels. I’ll give you an idea of where we can expect Bitcoin to go from here. ⭐ 1 Million Subscriber Giveaway! ⭐ As we approach 1 million subscribers on YouTube, we will be giving away 1 full Bitcoin, 5 Ethereum, &…

Turkey Is ‘at War’ With Cryptocurrency, Says President Erdogan – Regulation Bitcoin News

Turkish President Recep Tayyip Erdoğan has clarified the government’s stance on cryptocurrencies, stating that the country is at war with crypto. He emphasized that Turkey will continue with its own currency. A War and a Struggle Against Cryptocurrency Turkish President Recep Tayyip Erdoğan answered some questions from young people in the “Meeting with Youth” program held with university students from 81 provinces. The event took place in Mersin, a port city in southern Turkey and an important hub of the country’s economy. A young man in the audience asked President…

Did Turkey’s President Say “We Are In A War Against Bitcoin”? An Investigation

Is President Erdogan so out of touch with what’s happening around him that he declared war against Bitcoin? Or is this a case of “lost in translation” and quotes out of context? An article titled “We are in a war against bitcoin,” says Turkey’s president” has been making the rounds over at Bitcoin-Twitter, receiving both mockery and rightful criticism. However, we noticed a crucial detail: the article doesn’t contain a direct quote from Erdogan. That’s suspect. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading…

DENT USD BTC Price Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io DENT USD BTC Price Analysis Please do not ask for financial advice as this is not a bitcoin merchant account or bitcoin merchant service. I do not have insurance that you will get your money back if lost . For today’s class, we will be going through a DENT USD BTC Price Analysis. We will be looking at the coin on different time frames. I hope that this DENT USD BTC Price Analysis video will provide some value as a degree in…

Investing in Bitcoin, Ethereum, and Cryptocurrencies – February 2021

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Korean Province Seizes Cryptocurrencies From 1,661 Investors for Unpaid Fines – Regulation Bitcoin News

A South Korean province has seized cryptocurrencies worth over $5 million from 1,661 investors who were more than $12 million in arrears on their fines in total. The seizure followed an investigation of nearly 30,000 companies and individuals as well as their cryptocurrency holdings at four exchanges. Korean Province Confiscates Cryptocurrencies for Unpaid Fines The South Korean province of Gyeonggi, the most populous province in the country, announced last week that it had seized 6.1 billion won ($5.14 million) in cryptocurrencies from 1,661 people who were 14.4 billion won in…