Bitcoin: No more support levels left – What lies below $59.4K?

Bitcoin has a key level at $59.4k from both the technical and liquidity standpoints The one-sided sentiment in the futures market might see late bears trapped shortly The decrease in Bitcoin [BTC] demand and withdrawal from ETFs indicated a significant price drop was imminent for the cryptocurrency market. Some ETF platforms saw zero flow days, … Read more

Mango Markets exploiter found guilty after jury deliberations

A jury has reached a verdict against Avraham “Avi” Eisenberg, the individual suspected of orchestrating a $110 million scam on the Mango Markets decentralized trading platform, finding him guilty of committing fraud and manipulating markets. In a court decision on April 18 in the Southern District of New York, a jury declared that Eisenberg was … Read more

BTC price bounces at support that fueled 2023 bull market

Bitcoin (BTC) could experience relief from selling pressure as traders’ profits reach minimal levels. On April 18, an analysis published by Julio Moreno on X (previously known as Twitter), the head of research at the cryptocurrency on-chain analytics firm CryptoQuant, indicated that a potential reversal in Bitcoin’s price decline could be imminent. Bitcoin traders reach … Read more

Former Disney boss launches Web3 game studio with Marvel, Star Wars talent

A group of prominent figures from Hollywood and the gaming industry have come together to establish a top-tier web3 game development studio in the United Arab Emirates. The newly established “Galactic Entertainment Publishing” is the initial branch of the larger Galactic Group. The first project by the company, named PlanetQuest, began its development phase in … Read more