This editorial is from last week’s newsletter, Week in Review. Subscribe to the newsletter to get this editorial the second it’s finished, which also includes the biggest stories of the week and a comment on each story. Pre-Bull Sentiment Rises This week it felt like the entirety of the crypto industry descended upon the city-state […] Source CryptoX Portal
Day: September 30, 2024
Matrixport Buys the Crypto Unit of Germany’s Biggest Stock Exchange
The regulatory-compliant acquisition expands Matrixport’s footprints in Europe, reflecting the firm’s “steadfast commitment towards continually collaborating with regulators to review existing regulations and refine virtual assets specific regulations in the years to come,” Matrixport’s Chief Compliance Officer & Head of Regulatory, Christopher Liu, said in the press release. Source
Bitcoin Bulls Eye $75K and Higher as BTC Registers Three-Week Winning Streak
BTC has registered its first three-week winning trend since February. Original
Zhu Guangyao, China’s Former Minister of Finance, Asks Beijing to Study Crypto Industry
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China-Russia Alliance Expands, Elevating US Risks in Asia and Middle East
Frederick Kempe, CEO of the Atlantic Council, highlighted two pressing concerns at the UN General Assembly: the intensifying China-Russia partnership and doubts over US leadership. Alongside former Secretary of State Condoleezza Rice, he warned of mounting global threats, comparing today’s risks to the Cold War. China’s support for Russia and Iran is escalating conflicts, demanding […] Source CryptoX Portal
Ethereum Price Trims Gains: Is the Rally Losing Steam?
Ethereum price is correcting gains from the $2,720 resistance. ETH is now trading below $2,650 and might find bids near the $2,600 level. Ethereum started a downside correction from the $2,720 zone. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,600 support to start a fresh increase in the near term. Ethereum Price Dips Again Ethereum price extended…
Test Your Knowledge During Binance Blockchain Week for a Chance to Win Exclusive Rewards
James Ding Sep 30, 2024 03:18 Binance launches a Word of the Day game, offering participants a chance to win tickets to Binance Blockchain Week 2024 and other rewards. Binance has announced the launch of a new Word of the Day (WOTD) game, themed around the Binance Blockchain Week. This initiative offers participants the opportunity to win exclusive rewards, including tickets to Binance Blockchain Week 2024 in Dubai, according to binance.com. The activity period for this WOTD game is from September 30,…
Malicious Crypto-Stealing App Exposed on Google Play
An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols. Check Point Research exposed the app after it had siphoned $70,000, deceiving over 150 victims. The attackers used the Walletconnect protocol to appear legitimate, manipulating Google search rankings and avoiding detection through encryption and obfuscation techniques. Malicious […] Source CryptoX Portal
Bitcoin Price Corrects Recent Gains: Is a Deeper Dip Coming?
Bitcoin price extended its increase above $66,000. BTC is now correcting gains below $65,500 and might continue to move down toward $64,000. Bitcoin is correcting gains from the $66,500 zone. The price is trading below $65,250 and the 100 hourly Simple moving average. There was a break below a short-term bullish trend line with support at $65,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $64,000 support zone. Bitcoin Price Starts Downside Correction Bitcoin price…
Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes
The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices. AFM Sounds Alarm on Crypto Pump-and-Dump Schemes The […] Source CryptoX Portal