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Did Bitcoin just make a quick bullish reversal?
Did Bitcoin just make a quick bullish reversal?

Share link:In this post: Bitcoin has seen a reduced bearish pressure after Germany finished its sell-off, triggering some bullish signs in technical indicators. The 200-day moving average provides support, while resistance levels near $60,000 could challenge upward movement. The derivatives market shows a cautious trader sentiment, with massive liquidations and increased open interest predicting more volatility ahead.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no lia

Cryptopolitan·2024/07/13 20:34
Bitcoin whales added 71K BTC to their wallets this week
Bitcoin whales added 71K BTC to their wallets this week

Share link:In this post: Bitcoin whales accumulate 71,000 BTC worth over $4 billion amid market downturns. Data from Alternative,me places the Crypto Fear & Greed Index at 25, showing extreme fear. Selling pressure has reduced after the German Government completed selling its 50,000 BTC stash.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/

Cryptopolitan·2024/07/13 20:34
Chainlink’s whales surge, accumulate $110 million in LINK tokens
Chainlink’s whales surge, accumulate $110 million in LINK tokens

Share link:In this post: About $110 million worth of LINK tokens have left crypto exchanges in the last two weeks. Large scale holders have been buying up LINK tokens and now control more than 50% of supply. Their accumulation might be driven by the belief that LINK is undervalued and set for future gains.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent

Cryptopolitan·2024/07/13 18:19
Bitcoin fees drop by 18% in one week
Bitcoin fees drop by 18% in one week

Share link:In this post: Bitcoin’s trading fees tanked by 18% in seven days, following a 27% drop the week before. Runes protocol, launch, and Bitcoin ordinals greatly influenced the BTC transaction fee surge. BTC fees drop can be linked to the market drop amid Germany’s market Bitcoin dumping.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and

Cryptopolitan·2024/07/13 18:19
Ethereum demand spikes amid whales and institutions ETH ecosystem tokens accumulation
Ethereum demand spikes amid whales and institutions ETH ecosystem tokens accumulation

Share link:In this post: Ethereum stabilized above $3,000, gaining back its support level and lost market share. Institutional and whale investments in digital currency indicate market confidence and volume, especially ahead of the ETH ETF approvals. The United States Securities and Exchange Commission (SEC) is yet to offer ETH ETFs a greenlight day for trade.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information pr

Cryptopolitan·2024/07/13 18:19
Flash
06:21
Core PCE data about to be released, gold prices under pressure
Core PCE data released on Thursday may indicate that inflation accelerated both month-on-month and year-on-year in May, which could boost the US dollar and Treasury yields while having a negative impact on gold prices. Spot gold prices have already fallen by about 10% this quarter.
06:18
TrendForce: Consumer DRAM shortages extend to DDR2 products, contract prices to continue rising in Q3
Golden Ten Data reported on June 22 that, according to the latest research from TrendForce, a structural tightening in the mature-process DRAM supply is forcing Consumer DRAM buyers to use older generation products to obtain a larger DRAM supply quota. This has driven a recent wave of new procurement demand for older generation Consumer DRAM chips in the industry, leading to continued upward momentum in the contract prices of Consumer DRAM chips from generations including DDR2 and DDR3 through the first quarter of 2026. It is estimated that DDR2 contract prices will see an increase of approximately 55%–60% in the second quarter, and are expected to further rise by 35%–40% in the third quarter.
06:17
Taiko.eth: Vulnerability Attack Risk Controlled, L1 Cross-Chain Bridge and ERC20 Vault Suspended
On June 22, Taiko.eth announced the latest developments regarding the security incident on platform X, stating that the risk of vulnerability attacks has been controlled. We have suspended the Ethereum Layer 1 cross-chain bridge and the ERC20 token vault, and all withdrawal functions through these two channels have been completely closed. The attacker exploited a vulnerability in the cross-chain bridge's message proof verification mechanism to launch the attack. In the absence of any real transaction events on the source chain, the Ethereum Layer 1 mainnet still recognized the forged message credentials, allowing the attacker to initiate fraudulent withdrawals and steal assets from the cross-chain bridge and token vault. Based on current estimates, the total losses from the theft could be as high as $1.7 million before we shut down the relevant contracts.
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