Crypto

Source: Coin Tegraph New crypto token issuance grew by over 12-fold, with analysts warning of diluted investor capital and “disjointed” price action. Read Full Article

Source: Coin Tegraph Insider wallets started cashing out just three hours after the token was launched, erasing over $4 billion from its market capitalization. Read Full Article

Source: Bitcoinist According to industry leaders, the crypto ecosystem is about to undergo a significant change. During the most recent earnings call of Coinbase, its CEO Brian Armstrong presented a bold proposal that could transform the global banking system. What’s his prediction? By 2030, he said, the cryptocurrency infrastructure could power 10% of global Gross…

Source: Bitcoinist Dogecoin is still yet to recoup its price decline from last week, which saw it breaking below $0.3. Nonetheless, a key technical signal has emerged on DOGE’s price chart that could send the meme coin on a bullish path for the rest of the year.  According to crypto analyst KrissPax, who highlighted this…

Source: Bitcoinist Bitcoin is currently at a critical phase, consolidating below key supply levels and holding above crucial demand. The market sentiment remains divided, with many leaning toward a bearish outlook as price action struggles to break above resistance. After weeks of sideways trading, investors are preparing for the next decisive move, which could set…

Source: Bitcoinist Samson Mow, CEO of JAN3, has released an analysis of recent amendments to El Salvador’s Bitcoin Law, casting new light on whether Bitcoin remains legal tender in the country. While the Salvadoran government has repeatedly assured that “everything is awesome,” Mow urges caution, noting that the revisions both preserve Bitcoin’s legal tender status…

Source: Coin Tegraph Popular chart analysis service TradingView contains a bug in the Fibonacci retracement technical analysis tool. Read Full Article

Source: Coin Tegraph Brent Kovar allegedly attracted investors to the Ponzi scheme through a YouTube video and PowerPoint presentation, promising annual returns of 15% to 30%. Read Full Article

Source: Bitcoinist Bitcoin is now at a critical phase, consolidating below key supply levels and holding above crucial demand zones. Over the past week, the price has fluctuated between $98K and $94K, creating a narrow range that reflects indecision in the market. Analysts are divided about what’s next for Bitcoin, with many speculating that the…

Source: Coin Tegraph HashKey, a licensed crypto exchange in Hong Kong, secured a $30 million investment from China-based VC firm Gaorong Ventures at a $1.5 billion valuation. Read Full Article