Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet

Este artículo también está disponible en español. The Wall Street Cheat Sheet has been around for years now and is often passed around in finance circles, so Bitcoin has not been left out. The cheat sheet shows different stages of each market cycle, using sentiment to track where in the cycle a particular asset is. With the Bitcoin market seeming to be stuck in limbo, a crypto analyst has applied the information from the Wall Street Cheat Sheet in an effort to show where we are in the bull cycle.…

Senior citizen’s Bitcoin recovered with ZachXBT’s help

ZachXBT’s crypto investigations helped recover $275,000 in Bitcoin stolen from an elderly U.S. user in an apparent social engineering scam. According to the blockchain sleuth, Indian impersonators stole around 15 Bitcoin (BTC) from a Coinbase user back in April. The scammers posed as support agents from the crypto exchange and successfully siphoned the victim’s life savings. Bitcoin traded as high as $71,000 that month, valuing the user’s assets at over $1 million. ZachXBT also noted that the Indian scammer group attacked other users and stole more than $5 million from…

Ethereum Proposal Could Increase Throughput by 50%

The upgrade, officially designated EIP-7781, would also ramp up the blockchain’s capacity to handle blobs, which are dedicated data-storage chambers used by affiliated layer-2 networks to stash transaction records. The change would effectively increase the number of blobs per block to nine from six, providing more space for layer-2 chains like Arbitrum and Optimism to post data to Ethereum. Source

Analyst Foresees 90% Cardano Price Drop in Next 6 Months

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

21.co and Crypto.com team up to improve wrapped Bitcoin liquidity

21.co, the parent company of 21Shares, has announced a strategic partnership with Crypto.com. The collaboration will enhance liquidity and custody solutions for 21.co’s wrapped tokens, starting with its wrapped Bitcoin (BTC). Wrapped tokens like 21BTC allow users to use Bitcoin on other blockchains, such as Ethereum (ETH), by “wrapping” the original asset in a smart contract.  This allows users to benefit from Bitcoin’s value while also interacting with decentralized finance applications. DeFi is a system of financial services built on blockchain technology, offering alternatives to traditional financial services without intermediaries…