Category: Cryptocurrency News

There are still too many unknowns over how various Telegram trading bots store private keys, blockchain security firms told Cointelegraph.

Terra Classic (LUNC) has suffered persistent declines since the network’s collapse back in 2022. These declines have ranged from its price through to the network’s Total Value Locked (TVL). And even while development abounds among its community members to try to restore it to its past glory, the numbers point to a low possibility of recovery. Terra Classic TVL Falls To All-Time Low After Terra’s crash in 2022, the network lost a significant chunk of its TVL due to investors pulling out their funds as well as developers moving their decentralized applications and protocols to other networks. Over time, there seemed to be a stable trend but once again, the network has lost out against its better counterparts. Related Reading: Cardano (ADA) Next In Line For A Rally Following Shark And Whale Buying Spree Data from the on-chain tracker DeFiLlama shows that as of Thursday, the total Terra Classic (LUNC) TVL is sitting at $2.11 million. This is notable because this is the lowest that the network’s TVL has ever been. It is also a long way from the over $20 billion all-time high TVL of the Terra blockchain before its tragic collapse. LUNC TVL falls to new all-time low | Source: DeFiLlama The vast majority of its meager TVL is spread across just two DeFi protocols: Terraswap and Astroport Classic, with $1.07 million and $933,527 in TVL, respectively. The highest that Terra’s TVL has been in 2023 is $12 million back in April 2023. Terra’s TVL has now declined by over 83% from its 2023 peaks. In the same vein, DeFiLlama shows $0 decentralized exchange (DEX) volumes over the last week, meaning that trading activity on the network has grounded to a halt. The Road To Recovery For LUNC Over the last year, the Terra community has been consistent about trying to help the network recover. However, the kind of decline that the cryptocurrency suffered as a result of the crash is not easy and near impossible to recover from. Related Reading: Crypto Analyst Says Bitcoin Could Reach $180,000 Next Cycle If This Happens Throwing in the fact that the network’s activities are almost non-existent, the chances of recovery have become even slimmer. But perhaps the biggest hindrance to its recovery is the fact that LUNC’s supply ballooned to over 6 trillion coins. Given this, even a surge to the $1 mark is out of reach for the token, unless there is a significant reduction in its supply. LUNC’s price continues to struggle at this time, trading at $0.00007746 at the time of writing. Its market cap is currently sitting at $450 million, making it the 80th-largest cryptocurrency by market cap. LUNC price trading over 99% below all-time high | Source: LUNCUSDT on Tradingview.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet… Featured image from Finbold, chart from TradingView.com

Hundreds of millions of dollars worth of Ethereum (ETH) and other crypto assets have been moved to Coinbase’s new layer-2 scaling solution Base just hours after its launch. New data from Dune Analytics reveals that about $163 million has been moved to the bridge, which is powered by the blockchain-scaling solution Optimism (OP) since it…
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This week, Bitcoin traders braced for a breakout as an important technical buy signal triggered and BTCUSD shot up over $30,000 temporarily. They came up short-handed, however, as the market took an immediate turn back down. Interestingly, the fakeout could have possibly been predicted by a divergence between two BTCUSD price charts. Why Price Patterns And Technical Signals Can Fail Price patterns are tough to trade in cryptocurrencies. Because so many eyes are on the same pattern meeting precise parameters, the market has a way of making people pay for acting on the obvious. For example, a rising wedge pattern is typically bearish, but could breakout to the upside. The same is true for technical signals that a large portion of traders are paying attention to, such as notable crossovers and changes in momentum. This is exactly the case recently with a bullish crossover of the daily BTCUSD Moving Average Convergence Divergence (MACD). Related Reading: Will Record Low Volatility Awaken A Behemoth Bitcoin Surge? 4,000% Signal Returns The MACD is a momentum indicator that gives a buy signal when the MACD line crosses the signal line from below. This signal not only has appeared in Bitcoin, but it confirmed on BTCUSD spot exchanges, so what gives? It was a phony signal from the “future.” Conflicting signals | BTCUSD on TradingView.com Spot Possible Divergences With Bitcoin Futures By “future” we mean BTC CME Futures, also known as Chicago Mercantile Exchange’s Bitcoin derivatives product, which institutions use to speculate on the underlying price of BTCUSD. The BTC CME Futures chart doesn’t always reflect spot BTCUSD charts 1:1. Any divergences between the two platforms, has historically led to fakeouts and phony breakouts. Part of the reason for this is due to the platform shutting down for a short period each day, and for the entire weekend starting at Friday afternoon. The result is a Bitcoin chart with more traditional market traits, such as gaps. The missing price data also changes the calculation of many technical indicators. For example, moving averages are in slightly different locations from chart to chart. Related Reading: Crypto Storm Brewing: Bitcoin Vortex Indicator Flashes Buy Alert This is precisely how the recent “fakeout” higher was able to be predicted with a degree of accuracy. This discrepancy and divergence leading to false signals is nothing new and has been happening for years. When BTC CME finally participates in the same signal, the expected results often then arrive. Is this a situation similar to Dow Theory, where the DJIA and DJTA must confirm one another for a trend to be valid? Or is there some more at play? Whatever the case may be, there’s enough historical evidence at this point to pay attention to any divergences between spot and CME Futures. Tony is the author of the CoinChartist (VIP) newsletter. Sign up for free. Follow @TonyTheBullBTC & @coinchartist_io on Twitter. Or join the TonyTradesBTC Telegram for daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com

Inside the time lab (I knew it could be done: I could figure out the transflux integrator and repothethizor manipulation complication. I would just have to rejig the practical mixorlator with a few tweaks to the ai and wait for the hitspin yankadoodle to underwrite the combustion injestor.) "Wait for it… Got it! Okay, time…
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The Agency for Access to Public Information in Argentina was the latest government body to investigate Worldcoin, with reports suggesting probes in Germany, France and Kenya.

The U.S. regulator filed a complaint in April claiming Bittrex and William Shihara operated an unregistered exchange, also separately charging Bittrex Global.

Hedera popularly known as HBAR, has lately been drawing attention in the world of cryptocurrencies. An influencer from the crypto-sphere recently asserted that this digital currency is poised to cement its position among the top 10 in the industry. HBAR’s Position In The Upcoming Bull Market Classy Crypto, a crypto-focused YouTube channel, hosted a discussion where the anchoring influencer laid out his reasoning, foreseeing HBAR’s substantial ascent in the near future. According to the host of Classy Crypto, HBAR is not just positioned to rise but is also primed to become one of the biggest beneficiaries in the anticipated bull run. Related Reading: HBAR Token Scores Impressive Gains As Major Cryptos Nosedive The host noted that one factor driving this optimism is the forthcoming Bitcoin and Ethereum Exchange Trust Funds (ETFs). As these ETFs come into play, they are expected to usher a wave of institutional investors into the crypto sphere. However, the influencer argues that the initial attraction toward giants like Bitcoin and Ethereum would eventually pivot. Investors, after their primary foray, would likely explore alternative digital assets. These alternatives, which the host referred to as “pseudo-centralized currencies” offering distinct use cases, especially those with tracking capabilities, would then become the focal point. Hedera, with its tracking features, according to the host, could potentially emerge as a leading contender in this narrative. Hedera Offerings And Market Dynamics Diving deeper into Hedera’s offerings, the Classy Crypto host highlighted the consensus service of the platform. The host emphasized that this plays a significant role in tracking and catering to rising global demand. Additionally, in the backdrop of an evolving global political scenario, solutions like Hedera’s are anticipated to gain traction, given their ability to address large-scale issues. The host noted: Hedera has a consensus that does a lot of tracking and it’s great for the environment which is an increasingly large issue in our world political scene. Furthermore, beyond these specifics, the influencer also shared a broader market perspective. He envisions a major market breakout before the culmination of 2023. This momentum is likely to carry forward into 2024, heralding a significant bull run. One pivotal point he made pertained to the Layer 2 blockchains prevalent in the market. A realization among investors that many of these platforms might not support sustainable transaction sizes could direct focus towards Hedera. Related Reading: Hedera (HBAR) Token Shines With 10% Weekly Gains When Market Suffers Downtrend Particularly, its attributes, including fixed gas fees and the avant-garde Hashgraph technology, might just provide the edge it needs, according to the host. Over the past 24 hours, HBAR has traded in the red, down by nearly 5%. The asset currently trades at a price of $0.058, at the time of writing. Featured image from iStock, Chart from TradingView

The researchers were able to trace outputs to neural network nodes and show influence patterns through statistical analysis.

I just stumbled upon ethp2p.org and I'm curious to hear your experiences with the platform. I noticed it promises smooth Ethereum swaps and a focus on security. But, I've got a couple of concerns like potential scalability hiccups and the ever-changing regulatory landscape. Have any of you guys encountered these issues yet or no? Also,…
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