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Bitcoin (BTG) Gold Reflects Continual Uptrend Since Last Month


Bitcoin Gold aims at a unique ecosystem, which seems unlikely to exist in the current setup of economy and blockchain. Today, blockchains are not meant much without the underlying valuation in terms of fiat currencies, which is the very aspect BTG intends to transform.  The price action on this...

Bullish Options Data Fuels Speculations on New Bitcoin Rally


An unusually large number of bitcoin (BTC) calls to puts across bitcoin options exchanges hints at increased bullishness on the number one cryptocurrency among options traders. The news of the unusually low put-to-call ratio was first shared by the crypto market analytics firm Laevitas, which...

Bitcoin Consolidates, Ethereum and SOL Gain Momentum


Bitcoin price found support above the USD 46,650 level and is now (11:55 UTC) moving towards USD 48,000. To start a stronger increase, the price must clear the USD 48,500 resistance. Most major altcoins are stuck in a range while ETH gained pace above the USD 3,250 and USD 3,300 resistance levels....

Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency


The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify...

Man Fakes Own Kidnapping and Runs Off with USD 1.15M in Clients’ Bitcoin


The head of the biggest police agency in Venezuela says that a crypto go-between appears to have faked his own kidnapping as part of an audacious bid to disappear with some USD 1.15m worth of his customers’ bitcoin (BTC) funds. Per El National and an Instagram post from Douglas Rico, the head...

Coinbase Tries to Claw Back ‘Trust’ with Bitcoin Handouts after 2FA Gaffe


The American crypto exchange giant Coinbase has vowed to win back the “trust” of the customers it spooked with a blunder that saw it send “roughly 125,000” people “erroneous notifications” about changes made to the security settings on their accounts. And the firm has been hoping to quell disquiet...

Defi Platform Cream Finance Hacked, $29 Million Lost


Cream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved...

Bitcoin Struggles Below USD 48K, SOL Extends Rally


Bitcoin price failed to continue higher above USD 49,000 and started a fresh decline. BTC broke the USD 48,000 support level and it even traded below USD 47,000. The current (04:39 UTC) price action is somewhat negative, with a major support near USD 46,200. Similarly, most major altcoins...

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