Headlines

Joseph Rees

Bitcoin Price Holds Key Support As Bulls Eye Recovery

Bitcoin has spent the last few days consolidating after recovering from recent lows, with price action centered around the $62,000–$64,000 range. While volatility remains relatively contained, traders are closely watching whether Bitcoin can build enough momentum to extend its recovery toward the next resistance levels. (The Economic Times) One of the most encouraging developments has…

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Strategy Now Tracking Bitcoin’s 200-Week Average

Key Takeaways Saylor added a 200-week moving average tracker to Strategy’s dashboard as bitcoin hovers near $62,500. Bitcoin broke below its 200-week moving average for the first time since 2022 before recovering to the line. Strategy holds 843,775 BTC bought for $63.69 billion at an average $75,476 per coin. A New Metric on Strategy’s Dashboard…

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Galaxy Digital and Duel Casino Clash Over 230 ETH Linked to Coldcard Exploit

Key Takeaways Stolen bitcoin from the Coldcard exploit moved to Duel Casino, but the platform refused to freeze the funds. Duel Casino requires official law enforcement confirmation before blocking user balances. Galaxy Digital’s Head of Research criticized Duel’s inaction as complicit in the massive cyber theft. Coldcard Hack Spreads: Duel Casino Refuses to Freeze Funds…

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Bitcoin Wasn’t Hacked in Coldcard Attack, Pompliano Explains

Key Takeaways Pompliano classified the Coldcard event as a third-party failure. Verified losses surpassed 1,360 BTC, valued at more than $86 million. The incident could deepen fear across an already bearish market. Pompliano Challenges the ‘Bitcoin Was Hacked’ Narrative Bitcoin investor and entrepreneur Anthony Pompliano addressed the Coldcard security incident on Aug. 2, warning that…

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