Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed that three men and a woman remain at large, while 14 others involved have been apprehended […] Source CryptoX Portal
Month: August 2024
Bitcoin Traders Cautious Despite Massive Stablecoin Inflow: What’s Next For BTC?
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com,…
Trumpcoin, TRUMP, MAGA tokens rally ahead of Elon Musk interview
Donald Trump-themed meme coins were among the best performers on Aug. 12 as traders awaited a crucial interview on X with Elon Musk. Dark Maga (DMAGA) token rose by 15%, while MAGA Hat (MAGA) jumped by almost 50% to $0.00007737, its highest point since Aug. 7. Similarly, MAGA (MAGA) rose by 12.7% to $3.56, giving it a market cap of over $161 million. MAGA: Fight for Trump (TRUMPCOIN) jumped by almost 30%, bringing its valuation to $8.1 million. These tokens are rising ahead of an X (Twitter) interview between Elon…
Crypto Analyst Says End Of This Bitcoin Bear Trap Could Drive Price To $72,000
A crypto analyst has unveiled a highly optimistic forecast for Bitcoin (BTC), suggesting that the end of the supposed Bitcoin bear trap could propel the price of the cryptocurrency to new highs, potentially reaching $72,000. Bitcoin Set To Hit $72,000 In a recent X (formerly Twitter) post, a crypto analyst identified as ‘Sensei’ has predicted that Bitcoin will surge to $72,000 soon. The analyst shared a price chart highlighting two parallel trend lines that trace Bitcoin’s recent price movements. Related Reading Source: X The analyst rooted his optimistic projections in…
SEC Charges Novatech in $650 Million Crypto Fraud Scheme
The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset investment program, where most investor funds were misappropriated to pay existing investors and promoters. SEC Charges Novatech Ltd. in $650 Million Crypto Fraud Case […] Source CryptoX Portal
Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M—CoinShares
Latest data from crypto asset manager CoinShares has shown a noticeable comeback in the crypto market. In its latest ‘digital asset fund flows weekly report,’ the asset manager revealed that last week marked a significant uptick in investor confidence, as digital asset investment products saw $176 million in inflows. According to James Butterfill, head of research at CoinShares, this surge in inflow signals a strong, “unanimous” positive sentiment across the board, with particular attention to Ethereum-based funds. Related Reading Dissecting The Crypto Fund Flows Delving into the report, Butterfill revealed…
AI Search Engine Perplexity Teams up With Predictions Market Giant Polymarket
On Aug. 12, 2024, the startup behind Perplexity, an AI-driven search engine and chatbot, revealed a new partnership with Polymarket, a blockchain-powered predictions market. With this integration, users searching for events on Perplexity will now find news summaries accompanied by real-time probability forecasts sourced directly from Polymarket. Perplexity and Polymarket Unite The AI-focused search engine […] Source CryptoX Portal
Polkadot Seen Reversing Losses With 116% Rally
Polkadot token DOT has indeed been hot on the cryptocurrency market throughout the week, appreciating over 21%. Despite the gains bringing further enthusiasm among the investors, the token pressed on higher and continues to trade at $4.65 with a market capitalization of more than $6.6 billion. Now ranking 17th in the largest cryptocurrencies, investors and DOT aficionados cannot stop wondering if it can sustain its momentum. Related Reading Something is literally now hyping in the air, particularly after the analysis of the popular crypto analyst known as “Zayk Charts.” The…
What I Learned About Crypto’s Future From Basecamp and FWBFest
In the mountains of Idyllwild, CA, a convergence of technologists, artists, and optimists surrendered themselves to the future. I had the opportunity to spend two recent days at Basecamp, Base’s summer retreat, followed by two more at FWB FEST (Friends With Benefits’ annual gathering), where around 1,000 attendees enjoyed music, art, and ideas while exploring the frontiers of on-chain technology and culture. These experiences provided me with insights about the future of blockchains. Here are my six key takeaways. Source
MARA Announces $250M Private Offering of Convertible Senior Notes to Buy More Bitcoin
Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $250 million in convertible senior notes set to mature in 2031. This move, targeting qualified institutional buyers, aims to generate funds for corporate ventures and the purchase of more bitcoin. MARA to Purchase More Bitcoin Following Private Sale As […] Original