Day: February 18, 2023

ETH Back Above $1,700, as Markets Rebound on Saturday – Market Updates Bitcoin News

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Ethereum was once again trading above $1,700 to start the weekend, as cryptocurrencies rebounded from Friday’s decline. The global crypto market cap rallied in today’s session, as bulls moved to buy yesterday’s dip. Bitcoin was also back in the green, with prices nearing the $25,000 mark. Bitcoin Bitcoin (BTC) moved toward the $25,000 mark on Saturday, as crypto markets rebounded from yesterday’s declines. Following a low of $23,712.05 on Friday, BTC/USD raced to an intraday high of $24,924.04 earlier in the day. As a result of this move, bitcoin once…

Nigerian Crypto Payment Gateway Fluidcoins Acquired by Seychelles-Based Crypto Exchange – Africa Bitcoin News

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The Nigerian crypto payment gateway Fluidcoins was recently bought for an undisclosed sum by Blockfinex, in a deal which the former’s CEO Lanre Adenowo described as an “acquihire deal.” Blockfinex reportedly said it will leverage the acquisition to launch its own platform known as Blockpay. Scaling Blockfinex’s Crypto Payment Processing Business The Nigerian crypto payment gateway, Fluidcoins, was recently acquired for an undisclosed sum by the Seychelles-registered crypto exchange company Blockfinex. According to a Techcabal report, Blockfinex’s acquisition of a 100% stake in the Nigerian firm came some 18 months…

Bitcoin faces do-or-die weekly, monthly close with macro bull trend at stake

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Bitcoin (BTC) is leaving traders guessing as the future of the bull market depends on the last week of February. In multiple tweets on Feb. 17, popular trader and analyst Rekt Capital flagged crucial resistance battles ongoing on BTC/USD across multiple timeframes. Bitcoin price squares off with bear market downtrend Bitcoin hit new six-month highs this week as the latest innings of its 2023 recovery kept the bull-bear debate raging. After a consolidatory start to the month, February has turned out to be something of a reckoning point for Bitcoin…

Crypto investors under attack by new malware, reveals Cisco Talos

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Anti-malware software Malwarebytes highlighted two new malicious computer programs propagated by unknown sources actively targeting crypto investors in a desktop environment.  Since December 2022, the two malicious files in question — MortalKombat ransomware and Laplas Clipper malware — have been actively scouting the internet and stealing cryptocurrencies from unwary investors, revealed the threat intelligence research team, Cisco Talos. The campaign’s victims are predominantly located in the United States, with a smaller percentage of victims in the United Kingdom, Turkey and the Philippines, as shown below. Victimology of the malicious campaign.…

Fast-Rising Altcoin Soars 66% After Surprise Listing on Crypto Exchange Binance

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A decentralized exchange (DEX) altcoin shot up to a new all-time high (ATH) this week after a surprise listing from the top crypto exchange by trading volume Binance. Binance added trading services for Gains Network (GNS) on Thursday and GNS promptly jumped from around $7.50 before the listing to a new ATH of $12.48, a 66.4% increase. The 142nd-ranked crypto asset by market cap has since retraced to $11.14, though it is still up 45.33% in the past 24 hours. GNS, which launched on November 1st, is up a staggering…

Brazilian Government Preparing New Decree to Clarify Cryptocurrency Rules – Regulation Bitcoin News

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The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities for the Central Bank of Brazil and the national securities regulator (CVM). Brazilian Government to Issue New Crypto Regulation Decree Members of the Brazilian government are working to extend the cryptocurrency rules established by the cryptocurrency law sanctioned on Dec. 21 by outgoing president Jair Bolsonaro. According to reports…