Dogecoin (DOGE) is on the move, climbing 3% in the past 24 hours, and 7% in the past week, once again catching the eye of traders. But according to one top analyst, this recent rise might just be the start of an extended rally. Dogecoin Leaps After Rejecting Key $0.10 Level Dogecoin has had a […] Source CryptoX Portal
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Essential’s aim is to offer an “intent-centric, declarative approach.” This differs from traditional blockchain in that it leverages users’ “intents” for desired outcomes rather than usual transaction-based interactions where users must specify exact instructions, according to an emailed statement on Tuesday. Source
U.S.-based spot bitcoin and ethereum exchange-traded funds (ETFs) both enjoyed a lift on Monday, with ETH ETFs pulling in $4.93 million while BTC ETFs attracted $27.87 million during the day’s trading. Crypto ETFs Make a Positive Comeback On Aug. 12, 2024, both spot bitcoin (BTC) and ethereum (ETH) ETFs experienced inflows, marking a shift from […] Original
Arkham explained the process of tagging the wallet as likely BitGo in a Telegram message to CoinDesk. “The address was clustered with a large input cluster which we were able to identify as BitGo due to custody structure and wallet types used,” an Arkham analyst said. “We’ve also been able to identify the other fur exchange partners used for Mt. Gox distributions, so there’s also a process of elimination.” Source
As the recent Bitcoin price recovery stalls, there is a risk that the coin could drop by 25% in the coming weeks. Bitcoin (BTC) recovered by 27% from its lowest point on Aug. 5 but faced strong resistance at $62,000. It has recently lost key support at $60,000 and was trading at $59,000 on Aug. 13. Data from CoinGlass shows that Bitcoin’s 24-hour volume in the spot market has stabilized at $34 billion. However, open interest in the futures market has moved sideways in recent days, standing at $28 billion,…
A modern approach can be found in a technology that is gaining traction in the blockchain industry. Tokenized real world assets (RWAs) are digital tokens on a blockchain that represent physical and traditional financial assets, enabling more efficient and transparent management, trading, and ownership. Source
Decentralized exchange aggregator OpenOcean has expanded its services to Rootstock, a decentralized finance protocol built on Bitcoin. Why is this important? The integration introduces the first DEX aggregator to Rootstock, a smart contracts network on Bitcoin (BTC) that offers compatibility with Ethereum (ETH). OpenOcean and Rootstock announced the integration in a press release on Aug. 13. Rootstock’s EVM-compatible platform allows OpenOcean users to tap into Ethereum’s crypto economic potential while benefiting from Bitcoin’s security. “This expansion not only aligns with our mission to provide comprehensive, efficient, and user-friendly trading solutions…
A man who unlawfully accessed personal data has been sentenced after our investigation. Jonathan Riches, 46, pled guilty to an offence under section 55 of the Data protection Act 1998 at Cardiff Crown Court. The court heard Riches had illegally accessed motorists’ details from Enterprise Rent-A-Car and who would pursue personal injury claims for financial gain. Her Honour Judge Francis handed down the sentence to Mr Riches of a fine of £10,000, plus costs of £1,700 The offences were committed between 2009 and 2011. Mr Riches had previously been an…
Avalanche (AVAX) has caught the attention of crypto analysts Whales_Crypto_Trading and Alan Santana. The market sentinels are rather optimistic regarding the price of AVAX, but it may face some consolidation periods and, therefore, possible declines in its price before skyrocketing. The cautious optimism is what makes AVAX very interesting to watch. Related Reading Technical Analysis Whales Crypto Trading has just published an analysis on Avalanche that is primarily optimistic in nature. By applying the Elliott Wave Theory, he hypothesized that AVAX may be starting a big bull run. According to…