Cryptocurrency Analysis and News Portal
Trader sentiment has turned bearish following Bitcoin’s (BTC) 11% slump this week. Although Bitcoin is taking support near $25,000, several analysts are factoring in another leg down toward the crucial $20,000 level.The weakness is not limited to the cryptocurrency markets alone. United States equities markets also witnessed a losing week.
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Bitcoin (BTC) continued its boring price action over the weekend, indicating that the bulls and the bears are not waging large bets as they are uncertain about the next directional move. Nevertheless, traders should continue to keep a close watch because a period of consolidation is usually followed by an
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Shares in PacWest bank flash crashed by 27% on July 25 only to quickly recover in after-hours trading on the news it had merged with the Banc of California.PacWest Bancorp (PACW) stock slumped from $10.33 to $7.50 in late trading on July 25, sparking concern among the finance and crypto
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Warner’s The Flash goes Web3, to a lack of applause…Warner Bros.’ nonfungible token (NFT) unit has unveiled a new Web3 experience for the recently released DC Comics superhero movie, The Flash, which reportedly flopped at the box office. According to an announcement from Warner Bros. Digital Collectibles, The Flash Web3 Movie
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A flash loan is a type of loan that is received and paid back within a single block without any upfront collateral. In this instance, the bot borrowed 200 million DAI tokens and supplied them to the Aave DAI market, borrowing $2,300 worth of wrapped ether (WETH) against it. Source
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“We have a good idea who it is,” said blockchain sleuth Ogle, who is part of the recovery process and has helped with the Euler Finance exploit. “I think they end up speaking, keeping their 10%, and returning the rest — it’s a win for everybody and makes the most
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The panic caused due to USD Coin's (USDC) depeg from the U.S. dollar manifested itself in a wrong order, costing traders $50,000 per Bitcoin (BTC), albeit for several minutes.Bitcoin price sees $50K in "fat finger" error The BTC/USDC pair on Binance flash spiked to $50,000 on March 12 around 7 pm UTC.
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Ethereum-based noncustodial lending protocol Eurler finance faced a flash loan attack on March 13, with the attacker managing to steal millions in Dai (DAI), USD Coin (USDC), staked Ether (StETH) and wrapped Bitcoin (WBTC).According to on-chain data, as per the last update, the exploiter carried out multiple transactions, stealing nearly
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Interesting price action was experienced in Huobi Token over the past 24 hours in which the digital currency, native to the Huobi Global exchange experienced a flash crash with its price dropping by as much as 93%. In what is considered a very rare event, the digital currency rebounded at
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The cryptocurrency markets and the United States equities markets witnessed profit-booking this week as the macroeconomic data hinted toward continued rate hikes by the Federal Reserve. Bitcoin (BTC) is down more than 4% and the S&P 500 fell 2.7% to record its worst week of the year. The CME FedWatch Tool
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