Bitcoin hits $40K, investors pump Dogecoin (DOGE) after Musk confirms Twitter purchase

Bitcoin hits $40K, investors pump Dogecoin (DOGE) after Musk confirms Twitter purchase

The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion.  Data from Cointelegraph Markets Pro and TradingView shows that after…

Bitcoin bears tighten their grip on BTC now that $40K is the new resistance level

Bitcoin bears tighten their grip on BTC now that $40K is the new resistance level

Bitcoin (BTC) remains below $40,000 for the third consecutive day and the most likely source of the volatility is the worsening condition of traditional markets. For instance, the S&P 500 is down 5% since April 20 WTI crude price dropped 9.5% in seven days, erasing all of the gains accrued…

Bored Ape Yacht Club NFTs stolen in Instagram phishing attack

Bored Ape Yacht Club NFTs stolen in Instagram phishing attack

As told by Bored Ape Yacht Club (BAYC) developers on Monday, hackers breached the popular nonfungible token, or NFT, collection’s official Instagram page and shared links to a fake airdrop with the project’s followers. Crypto enthusiasts who connected their MetaMask wallets to the scam website were subsequently drained of their…

Bitcoin spoofs $39.5K breakout at Wall St open as Elon Musk Twitter takeover nears

Bitcoin spoofs $39.5K breakout at Wall St open as Elon Musk Twitter takeover nears

Bitcoin (BTC) saw a classic “fakeout” move on April 25 as volatility kept traders firmly on edge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders stay gloomy on BTC outlook Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly climbing almost $1,000 as Monday’s Wall Street trading session began. The…

Stepn impersonators stealing users’ seed phrases, warn security experts

Stepn impersonators stealing users’ seed phrases, warn security experts

Peckshield, a prominent blockchain security firm, has today exposed that there are numerous phishing websites for the Web3 lifestyle app Stepn. Hackers insert a forged MetaMask browser plugin through which they can steal seed phrases from unsuspecting Stepn users, according to Peckshield. When these cybercriminals obtain the seed phrase, they…

The Central African Republic reportedly passes a bill to regulate crypto use

The Central African Republic reportedly passes a bill to regulate crypto use

The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it adopting Bitcoin (BTC) quite similar to El Salvador. However, contrary to popular headlines, the African nation has not adopted BTC as a legal tender, instead, it has reportedly…

Kraken awarded crypto trading license in the United Arab Emirates

Kraken awarded crypto trading license in the United Arab Emirates

Californian crypto exchange Kraken becomes the second virtual asset platform after Binance to receive regulatory approval to operate in the Abu Dhabi international financial center and free zone, Abu Dhabi Global Market (ADGM). In a CNBC interview, Kraken’s managing director Curtis Ting explains the importance of diversifying trading pairs to…