Bitcoin (BTC) Price Pulls Back Below $67K as Crypto Rally Cools

Checking possible catalysts for today’s action, one need look no further than the recent price movement: bitcoin had risen in near-continuous fashion since dipping to just under $60,000 eleven days ago – a modest reversal was surely in the cards at some point. There’s also been a sharp rise in interest rates across Western economies on Monday, among them 10 basis point gains in both the U.S. 10-year Treasury yield and the German 10-year Bund yield. Other things being equal, higher rates can often pressure prices of risk assets, bitcoin…

Crypto On-Ramp Service Transak Targeted in Data Breach

“This breach has impacted all KYC [know your customer] DATA processed through Transak’s infrastructure,” the ransomware group claimed in a public Telegram group that it operates. “We have extracted more than 300GB of data, which includes sensitive personal documents such as government-issued IDs, proof of address, financial statements, and user selfies.” Source

ApeCoin (APE) Surges 100% as Yuga Labs Debuts Layer 3 ApeChain

“The system is part of the broader ApeCoin ecosystem, which aims to enhance token utility by encouraging users to engage more actively with the token through games, staking pools, and other activities. The platform also plans to extend support to other yield-generating cryptocurrencies to attract a larger user base,” Thielen added. Source