Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Feds Seize $5.2 Million in Bitcoin From Accused Crypto Thief

submitted by /u/OMFGROFLMAO2 [link] [comments]

You too can be like JaredFromSubway! Almost.

EDIT: I'm not going to get into who Jared is as an individual. It's vile and disgusting. I'm merely showing you how his MEV bot works from a very basic standpoint. We've all seen the recent post mentioning how he's the biggest has spender on ETH atm. Currently having spent $70M while we peasants work…
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How Bad is Crypto’s Money Laundering Problem and What Do We Do About It?

The point of Bitcoin and other legitimate cryptos was to create an economy outside the traditional finance system. Transactions could be made without oversight or permission. While this is coming to fruition, although maybe not in the same way originally envisioned, we need to deal with the fact that crypto has become the payment method…
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Is USDT Solid or a Collapse Waiting to Happen?

I'd like to believe USDT, the largest stablecoin by market cap, has sufficient reserves, but we just don't know. At roughly $83 billion in value, they're supposed to have an equal amount in other assets. Though they've repeatedly claimed to hold adequate reserves, no audit has ever been done to prove this assertion. On their…
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111k BTC have been taken off exchanges in the past three months alone. One of the highest rates in the past years, people are finally taking self-custody seriously.

The central message of this bear market will no doubt be "self-custody", after the countless exchanges that have been exposed to be scams and then abruptly crashed and burned, causing all the customer funds to be taken with them (in most cases they never had all anyway). People now seemed to have learned their expensive…
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Introducing $XXI: The First AI-Managed, Machine Learning Cryptocurrency

submitted by /u/Snowy_ETH [link] [comments]

G20 moves forward with international crypto framework

The upcoming framework will affect users in several countries by automatically exchanging information about crypto transactions between jurisdictions on an annual basis.

Stellar (XLM) Soars By 17% In A Single Week – Can Bulls Maintain Push To $1?

As the general crypto market experiences a slight gain in total market cap, Stellar (XLM) stands out with a substantial amount of price increase over the last week. According to data from CoinMarketCap, the XRP competitor is up by 17.61%, outperforming every other top 100 cryptocurrency in the past seven days.  Related Reading: Stellar Tough Spot: Will XLM Prices See A Dip Amid Mid-Range Struggles? XLM To Reach $1? With XLM currently hovering around the $0.13 price zone, there are speculations on the next movement. Interestingly, a crypto analyst with the name EGRAG CRYPTO on X (formerly Twitter) predicts that XLM could rise to $1 if certain conditions are met.  According to the analyst’s post on September 8, this bullish prediction is formed on a potential crossover between two technical indicators, namely the 200-day Moving  Average (MA)and the 21-day Exponential Moving Average (EMA). To explain, the MA indicator reflects the average price data over a specific period of time, e.g., 200 days. It is constantly updated and can be used to identify trade areas and recognize market trends. On the other hand, The EMA performs a similar function but with a focus on more recent price points. Due to its method of calculation, the EMA reacts to price changes faster than the MA.  Based on EGRAG CRYPTO’s prediction, if there is an upward crossover of the 21 EMA and 200 MA on XLM’s weekly chart, there is a possibility the token could experience a 500% price surge in the coming months, surpassing the dollar mark to trade at $1.10.  This prediction is mainly based on historical price data, as XLM witnessed a similar massive price gain when this crossover occurred between 2020 and 2021.  However, it is worth stating that all predictions are speculations without guarantees and should not be relied on as investment advice.  Related Reading: Stellar Breaks Free: Unleashes New Open-Source Disbursement Platform Another Partnership For Stellar? In other news, the Stellar community appears to be expecting a massive positive update in the next few days. On September 2, Stellar Development Foundation shared with its crypto community that “Something cool is dropping in 10 days”.  This announcement was well received, with the XLM token rising by 10% in the next 24 hours. Interestingly, some enthusiasts predict Stellar could announce a new partnership in the coming week. The blockchain network has already collaborated with companies such as American remittance firm MoneyGram and Circle, the company behind the USDC stablecoin. In fact, Stellar announced a minority investment in MoneyGram earlier in August.  For now, it remains unknown what this new development could be. However, there is the possibility it could elicit some effect on XLM’s price trajectory. At the time of writing, XLM is trading at $0.132, having gone up by $0.132 in the last day. In tandem, the token’s daily trading volume has gained by 21.33% and is valued at $119.14 million. XLM trading at $0.1308 on the hourly chart | Source: XLMUSDT chart on Tradingview.com Featured image from Stellar, chart from Tradingview.