Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

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Canadian Woman Sues After $1.3M in Bitcoin Vanishes in SIM-Swap Scam

A Canadian pharmacy manager is suing a telecom company and a trading platform after losing 12.58 bitcoins—now worth over $1.36 million—in a sophisticated SIM-swapping scam. Canadian Woman Blames Security Lapse by Telecom Employee for Crypto Loss Canadian woman Raelene Vandenbosch is embroiled in a multi-million dollar legal battle, alleging she lost 12.57969337 bitcoins, now valued […] Original

Altcoins Set A Higher Low – Bulls Target 2024 High To Trigger Altseason

Altcoins have spent the past few years under the shadow of Bitcoin’s dominance, struggling to reclaim relevance as capital and attention largely concentrated on BTC. But the tide may be turning. Since April, the Total 2 — a metric representing the market capitalization of all cryptocurrencies excluding Bitcoin — has climbed 35%, signaling a potential shift in momentum toward altcoins. This recovery marks one of the strongest altcoin performances in recent years and has reignited hopes of a broader market expansion beyond Bitcoin. Related Reading Top analyst Daan has weighed…

Amber International raises over a quarter of $100m goal to boost crypto holdings

Amber International announced the completion of a $25.5 million private placement backed by major investors. The funds will go to supporting the firm’s $100 million crypto reserve target. On July 3, the Singaporean-based firm has managed to reach more than a quarter of its initial goal to establish a diversified crypto reserve fund worth $100 million. The private placement was valued at $10.45 per share, deducted from a 5% discount to the company’s three-day volume weighted average trading price. According to the filing document, the capital raised from the private…

TOP Raises $28.5 Million at $1 Billion Valuation for Global Expansion

The Open Platform (TOP), a key developer for the Telegram-backed TON blockchain, has raised $28.5 million in a Series A round, bringing its valuation to $1 billion. The funding will expand TON’s wallet and apps into the U.S. and European markets. Telegram-Linked Crypto Startup TOP Becomes Unicorn with Latest Raise Telegram’s growing blockchain ambitions just […] Source CryptoX Portal

Secret Service Seizes $400M in Crypto, Builds One of World’s Largest Wallets

The US Secret Service has quietly seized nearly $400 million in digital assets over the past decade, amassing one of the world’s largest crypto cold wallets, Bloomberg reported Saturday, citing people familiar with the matter. The agency’s Global Investigative Operations Center (GIOC) has tracked funds through open-source tools, blockchain analysis, and patience, Jamie Lam, an investigative analyst with the US Secret Service, reportedly told law enforcement officials in Bermuda last month. The agency’s crypto trove, much of which sits in a single cold-storage wallet, results from a string of investigations…