A man in Australia has reportedly disappeared after a crypto exchange mistakenly sent his account more than $585,000. According to a new Australian Broadcasting Corporation (ABC) report, cryptocurrency trading platform Rhino Trading Pty Ltd, which operates OTCPro, allegedly slipped up and added a zero to an account deposit made by 37-year-old Mildura man Kow Seng Chai. The platform’s efforts to make contact with Chai to have the money returned were not successful and the company turned to the courts. Court documents cited by ABC show that the crypto exchange successfully…
Day: February 27, 2024
Crypto Exchange Kraken Shares ‘Real Story’ of SEC Lawsuit — Claims SEC Seeks ‘Boundless Authority’ Over Commerce
Cryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities and Exchange Commission (SEC). Kraken also explained why it is moving to dismiss the case. “Crypto innovators in the United States should not have to fear retaliation for their political speech. They should be free […] Source
Chart Pundit Peter Brandt Raises Bitcoin’s 2025 Target to $200K on Channel Breakout
Bitcoin rose past $55,000 on Monday, breaking out of the 15-month channel, identified by trendlines connecting November 2022 and September lows and April 2023 and Jan 2024 highs. Per Brandt, the bullish view will remain valid while prices exceed the past week’s low of around $50,500. Source
Investors monitoring DeeStream as analysts expect Ethereum and Immutable to boom before Bitcoin halving
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In the changing world of digital money and online content, Ethereum (ETH) is doing well and showing positive progress. Immutable (IMX) seems to be getting better after a difficult period. Bitcoin (BTC) is holding up strong, with positive data suggesting a potential increase before the halving event. At the same time, DeeStream (DST) is leading the way in decentralized streaming. Supporters expect more gains in the days ahead, explaining…
DeeStream set to soar, as Uniswap rallying ahead of Bitcoin halving
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. In the changing world of decentralized finance and new technologies, notable advancements are seen in the crypto community’s predictions. Uniswap (UNI) has gained attention with a recent 75% increase and strategic improvements in the decentralized sector. Meanwhile, forecasts for Bitcoin ETF, influenced by Fred Krueger’s reflexivity concept, suggest significant changes in traditional investment approaches. In the middle…
LBank Exchange Will List beoble (BBL) on February 28, 2024
PRESS RELEASE. Road Town, BVI, February 27, 2024 – In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of beoble (BBL) on February 28, 2024. Users of LBank Exchange can brace themselves for the BBL/USDT trading pair, which will go live […] Source
Bull Run Returns? Bitcoin Breaks Through $57,000 Barrier
In a not-so unexpected turn of events, Bitcoin (BTC) has surged to new heights, breaking the $57,000 barrier during the early hours of Tuesday in the Asian market. This price level, not seen since November 2021, marks a significant resurgence for the leading cryptocurrency. Bitcoin ETFs Experience Unprecedented Activity Remarkably, the surge in Bitcoin’s price has triggered substantial activity in US-based spot Bitcoin ETFs, excluding Grayscale’s GBTC. According to Bloomberg, these ETFs recorded a record-high $2.4 billion in trading volume on Monday. This surge in trading activity underscores the increasing…
Economist Peter Schiff Says Gold Price Not Rising Fast Enough, Condemns Civil Ruling Against Donald Trump
Peter Schiff, a U.S. economist and gold advocate, has attributed the lacklustre performance of gold mining companies to the rising inflation rate, which contrasts with a largely static gold price. Schiff maintains that the U.S. inflation rate would have been even higher if the U.S. Federal Reserve had not increased interest rates. The economist also […] Source CryptoX Portal
Bitcoin Surges To New 26-Month High, ‘Whales Go Parabolic’ As Analyst Forecasts Rally Toward $60,500
Bitcoin (BTC), the leading cryptocurrency, has experienced a surge of over 3.6% in the past 24 hours and an impressive 27% in the last month. These gains have propelled the Bitcoin price to reach a new 26-month high of $53,360 on Monday, signaling investors renewed optimism. BTC Whales Make Waves Adding to the bullish sentiment surrounding Bitcoin, crypto analyst Ali Martinez highlights the significant activity of the BTC whales, stating that “whales are going parabolic.” Notably, In the past month alone, more than 150 new BTC addresses have appeared, each…
Bitcoin Shorts Lose $150M as BTC Poised For ‘Tremendous Upside’
“Bitcoin’s decisive rally signals the de facto start of a new bull market,” said Alex Adelman, founder at Lolli, in an email to CoinDesk. “Major price movements are being driven by sheer positive market sentiment and persistent bitcoin ETF inflows, which reached new daily highs with the day’s rally.” Original