Bitcoin traders continue to battle for control of a rangebound market — but some nearby BTC price levels are more significant than others. With BTC price breakouts continually failing, both Bitcoin bulls and bears are caught in a “strongly contested” range, Daan Crypto Trades summarized. This is the culmination of various trips above and below current spot price, making the midpoint the level to watch next. The status quo has essentially remained the same since mid-June — $28,500 as fundament...

Bitcoin traders continue to battle for control of a rangebound market — but some nearby BTC price levels are more significant than others. With BTC price breakouts continually failing, both Bitcoin bulls and bears are caught in a “strongly contested” range, Daan Crypto Trades summarized. This is the culmination of various trips above and below current spot price, making the midpoint the level to watch next. The status quo has essentially remained the same since mid-June — $28,500 as fundament...

The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10. Bitcoin miner Bitdeer Technologies, a firm spun off from prominent Bitcoin application-specific integrated circuit (ASIC) manufacturer Bitmain, recorded a net loss of $40.4 million in the second quarter of 2023, up from a net loss of $15.6 million in Q2 2022. The company disclosed in its earnings report published on Aug. 11 that the losses were largely attributed to a $33.2 million listing fee...

The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10. Bitcoin miner Bitdeer Technologies, a firm spun off from prominent Bitcoin application-specific integrated circuit (ASIC) manufacturer Bitmain, recorded a net loss of $40.4 million in the second quarter of 2023, up from a net loss of $15.6 million in Q2 2022. The company disclosed in its earnings report published on Aug. 11 that the losses were largely attributed to a $33.2 million listing fee...

The San Diego State University team uncovered nearly a million dollars were scammed from victims via the Lists feature on Twitter — now called X. Researchers from San Diego State University in California developed an artificial intelligence (AI) system to identify, track and expose free cryptocurrency giveaway scams on X (formerly Twitter). Called GiveawayScamHunter, the automated system discovered 95,111 scam lists between June 2022 and June 2023 that were created from 87,617 accounts on the...

The San Diego State University team uncovered nearly a million dollars were scammed from victims via the Lists feature on Twitter — now called X. Researchers from San Diego State University in California developed an artificial intelligence (AI) system to identify, track and expose free cryptocurrency giveaway scams on X (formerly Twitter). Called GiveawayScamHunter, the automated system discovered 95,111 scam lists between June 2022 and June 2023 that were created from 87,617 accounts on the...

tablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization and fresh competition from the traditional finance and technology industries, said CEO Jeremy Allaire. Related: PayPal launches PYUSD stablecoin for payment Circle is best known for its USDC USDC $1.00 stablecoin, a digital token similar in design to regular cryptocurrency but backed entirely by fiat — in this case, the United States dollar. However, since at least 2021, the com...

tablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization and fresh competition from the traditional finance and technology industries, said CEO Jeremy Allaire. Related: PayPal launches PYUSD stablecoin for payment Circle is best known for its USDC USDC $1.00 stablecoin, a digital token similar in design to regular cryptocurrency but backed entirely by fiat — in this case, the United States dollar. However, since at least 2021, the com...