Bitcoin Miners Are Being Forced To Sell Bitcoin

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Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen – Bitcoin News

According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack. Crema Finance Vulnerability Causes Defi App to Lose Millions — 6 Flashloans Executed Another defi protocol has lost funds to a hacker as the Solana liquidity application disclosed it was attacked on Saturday, July 2, 2022. “Attention,” Crema Finance wrote on Saturday. “Our protocol seems to have just experienced a hacking. We temporarily suspended the program and…

Crypto Market Latest Updates News Don't rush in – Be very careful

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Bitcoin Could Drop Another 20 – 40% On a US Recession – Crypto Analyst

Summary: Timothy Peterson has forecasted that the United States might already be in a recession. If such is the case, the Bitcoin and crypto markets could drop by an additional 20 – 40%. Bitcoin’s 2017 all-time high of around $20k continues to be the make-or-break level. Bitcoin and crypto analyst, Timothy Peterson of Cane Island Alternative Advisors, has forecasted that the United States might already be in a recession. He shared his analysis of a possible slowdown in the US economy through the tweet below that quoted a CNBC article…

Fintech-Ideas brings blockchain functionality to its range of platforms

Berlin, Germany, 3rd July, 2022, Chainwire Enterprise software developer Fintech-Ideas has integrated a suite of blockchain tools to its SaaS offerings. The provision will enable businesses to utilize powerful web3 features such as tokenization, NFTs, and distributed storage. The integration of blockchain functionality into the company’s fintech and marketing platforms will deliver web3 services on demand. Customers will be able to gain exposure to crypto-based technologies, including blockchain, with minimal setup costs and lead time. Flagship Fintech-Ideas products such as Pushnoti, LiberSave, and ITTechAV are relied on by millions of customers for…

Crypto News Flash: FOMO into Cryptocurrency? | Market Update Live

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What’s Next for Big Cryptocurrencies. We look at what is next for big cryptos as mass adoption comes to the forefront. ●▬Moon Awards▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Vote for 2022 Moon Awards: Read the 2021 Moon Awards: ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Check out Token Metrics Apparel: Link to Crypto Investing Guide Audiobook: Link to Crypto Investing Guide on Amazon: Sign up for Token Metrics at Or Sign up for our Weekly Newsletter at for the latest in crypto trends, news and analyses, and promos!! Token Metrics Media LLC is…

Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M – Bitcoin News

According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used to acquire Blockfi at a variable price up to that amount. FTX Could Buy Blockfi for $240 Million, CEO Zac Prince Says Company Lost $80 Million From 3AC Exposure Zac Prince, the co-founder of Blockfi, explained that his company has come to an…

Bitcoin addresses in loss hit all-time high amid $18K BTC price target

Bitcoin (BTC) meandered into the weekly close on July 3 after weekend trading produced a brief wick below $18,800. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bollinger bands signal volatility due Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it stuck to $19,000 rigidly for a third day running. The pair had gone light on volatility overall at the weekend, but at the time of writing was still on track for the first weekly close below its prior halving cycle’s all-time high since December 2020. The previous weekend’s…

Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?

Bitcoin (BTC) has been moving in the opposite direction of the U.S. dollar since the beginning of 2022 — and now that inverse relationship is more extreme than ever. Bitcoin and the dollar go in opposite ways Notably, the weekly correlation coefficient between BTC and the dollar dropped to 0.77 below zero in the week ending July 3, its lowest in seventeen months. Meanwhile, Bitcoin’s correlation with the tech-heavy Nasdaq Composite reached 0.78 above zero in the same weekly session, data from TradingView shows. BTC/USD and U.S. dollar correlation coefficient.…

the Unintended Consequences of Going Public

That’s not good. Normally, if these companies were private, they would be trying to figure out how to survive. Take Coinbase for instance. It has been around since 2012, and so it has survived multiple bear markets. But this time around, it has the public shareholder to worry about. And the highly liquid, public shareholder is far more impatient than the highly illiquid, private shareholder. Source