Tuesday, October 4, 2022
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The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?

Grayscale Bitcoin Trust (GBTC), a cryptocurrency fund that currently holds 3.12% of the total Bitcoin (BTC) supply, or over 640,000 BTC, is trading at a record discount compared to the value of its underlying assets.Institutional interest in Grayscale dries upOn Sep. 23, the $12.55 billion closed-end trust was trading at

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Profanity tool vulnerability drains $3.3M despite 1Inch warning

Decentralized exchange aggregator 1inch Network issued a warning to crypto investors after identifying a vulnerability in Profanity, an Ethereum (ETH) vanity address generating tool. Despite the proactive warning, apparently, hackers were able to make away with $3.3 million worth of cryptocurrencies.On Sept. 15, 1Inch revealed the lack of safety in

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Bitcoin price hits 10-week low amid ‘painful’ US dollar rally warning

Bitcoin (BTC) provided a long awaited breakout into Sept. 7 as BTC price action dashed bulls’ hopes of a recovery.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$23,000 relief bounce "still likely" says traderData from Cryptox Markets Pro and TradingView captured snap losses for BTC/USD later on Sept. 6, with overnight lows

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Bitcoin price dives pre-FOMC amid warning $17.6K low was not the bottom

Bitcoin (BTC) dropped to weekly lows at the Aug. 17 Wall Street open as upcoming Federal Reserve comments unsettled risk assets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar climbs as Fed minutes dueData from Cryptox Markets Pro and TradingView tracked a more than 2% daily decline in BTC/USD, which hit $23,325

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Binance CEO’s Warning About Wazirx Wallets, Nigerian EFCC on Naira Depreciation, O’Leary Buys the Dip — Bitcoin.com News Week in Review – The Weekly Bitcoin News

Another week has passed and developments in the Binance-Wazirx controversy continue, Nigeria’s Economic and Financial Crimes Commission (EFCC) claims it has identified individuals fueling the naira’s depreciation, Shark Tank star Kevin O’Leary says crypto “desperately needs policy,” and the government of Nepal is preparing to issue its own digital currency.

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Bitcoin bulls defend $23K amid warning bear market rally ‘alive and well’

Bitcoin (BTC) tested $23,000 as support on the Aug. 1 Wall Street open with key moving averages in focus. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView200-week moving average gets big attentionData from Cointelegraph Markets Pro and TradingView followed BTC/USD as bulls and bears battled for control amid a tight trading range.Bitcoin had

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IMF recession warning sees Bitcoin dip under $21K amid fresh $1M BTC price forecast

Bitcoin (BTC) fell below $21,000 for the first time in eight days on July 26 as Wall Street prepared for a decision on United States' anti-inflation policy.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed jitters test market resolveData from Cryptox Markets Pro and TradingView showed BTC/USD ending a period of sideways action

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Bitcoin circles $20K pre CPI amid warning Fed risks ‘blowing up’ economy

Bitcoin (BTC) rebounded from overnight lows on July 13 as markets nervously waited for United States inflation data.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCountdown to “highly elevated” inflation revealData from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing from $19,250 to $19,900 at the time of writing, up 3.3% on

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