Cryptocurrency analysts of Coinidol.com report, Bitcoin (BTC) price falls below the psychological price level of $30,000 as bears break below the 21-day support SMA. Bitcoin price long-term forecast: bearish Resistance at $31,500 has slowed the uptrend. The bearish momentum is likely to continue until the price falls above the 50-day line SMA. In other words, the decline will continue until […]

Binance CEO Changpeng “CZ” Zhao is the latest figure in the cryptocurrency industry to warn against the increasing number of phishing attacks. CZ took to Twitter on July 21 to warn his readers about phishing and other social engineering scams. He also recommended cryptocurrency exchange users rely on hardware devices for two-factor authentication (2FA), instead of using mobile carrier-based 2FA […]

The national cryptocurrency exchange announced by the Indonesian government a week ago has begun to function, according to a statement from the country’s Commodity Futures Trading Supervisory Agency, known as Bappebti. The platform will be the only space in the country where the legal exchange of digital assets is allowed.  Bappebti confirmed the opening of the exchange on July 20. In […]

Charles Edwards, the mastermind behind the Bitcoin Hash Ribbons signal and founder of Capriole Investments, has sounded the alarm. The renowned analyst warns that the Hash Ribbons capitulation signal just flashed, a phenomenon that has historically accompanied moments of distress for BTC miners. As outlined by Edwards, Bitcoin’s hash rate had experienced an astonishing and seemingly unsustainable 50% surge in […]

Recently, a popular crypto analyst sparked a debate in the XRP community by suggesting that the digital asset may never exceed its all-time high (which was around $3.40 and reached on 7 January 2018). The pseudonymous analyst, known as “The Wolf,” shared his thoughts on Twitter, triggering a flurry of responses from the crypto community. The Wolf, who has a […]

FTX has sued former CEO Sam Bankman-Fried and other former key executives from the now-bankrupt crypto exchange to recover more than $1 billion in allegedly misappropriated funds.  A July 20 complaint filed in a United States Bankruptcy Court named former Alameda Research CEO Caroline Ellison, FTX co-founder Zixiao “Gary” Wang, former FTX engineering director Nishad Singh and Bankman-Fried as defendants.  In […]

Through the bear market, Arbitrum (ARB) has been one of the tokens that have managed to hold on to a significant amount of its all-time high value. Along these same lines, the digital asset is one of the few tokens currently flashing a green bullish flag, and accumulation has ramped up as a result of this. ARB Whale Accumulation Ramps […]

FTX’s efforts to claw back customer funds are continuing. Alameda Research and FTX filed suit on July 19 seeking the return of $71.6 million in allegedly commingled corporate and customer funds related to investments and donations to life sciences companies. The defendants in the suit are six life sciences companies, the FTX Foundation philanthropical organization, the Latona Biosciences Group “sham” […]