Crypto News
Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels
Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade volume of $29.81 billion. As bitcoin navigates this challenging environment, technical indicators reveal continued bearish momentum, testing the resolve of bullish investors. Bitcoin The 1-hourSource link
Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn
Decentralized finance (DeFi) hacks remain a major threat to the industry despite a reduction in the amount stolen in 2023, according to blockchain security firm Halborn.Source link
Binance Will Start Converting Monero to USDC on September 2 as Part of Delisting
The conversion will be based on the average exchange rate between Sept. 2, 2024 and Mar. 1, 2025. The funds won't be available until March.Source link
Gambaryan Family Says Binance Executive Is Being Denied Access to Lawyers, Health Is Deteriorating
American Binance executive Tigran Gambaryan, who is detained in Nigeria, is being "denied adequate access to his legal team and his health is deteriorating rapidly," his family said in an emailed statement.Source link
Bitcoin Recovers From Dip Below $58,000 as Institutional Buying Slows Down
Crypto investment products saw $176 million in inflows last week as institutions bought the dip, but that has slowed, according to Coinshares.Source link