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Germany transfers another 1000 BTC, markets suffer negative hit
Germany transfers another 1000 BTC, markets suffer negative hit

Share link:In this post: Arkham Intelligence on-chain data shows that the German government moved 1000 BTC to Coinbase, Bitstamp, and other unknown addresses. Since July 6, Germany’s BTC outflow has been over 4000 BTC worth over $229 million, with its account now holding 35,446 BTC. Germany’s BTC inflows and outflows are causing crypto market turbulence, leading to price fluctuations and market uncertainty.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for

Cryptopolitan·2024/07/09 01:37
Bitcoin stands strong in face of nearly $1 billion German liquidation
Bitcoin stands strong in face of nearly $1 billion German liquidation

Share link:In this post: Germany liquidated $950m in only twenty-four hours, but Bitcoin’s price did not tumble. Bitcoin has managed to stabilize above $56,000, with minor bullish signals from technical indicators.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decis

Cryptopolitan·2024/07/09 01:37
Bitcoin Outlook for Q4 2024: Analyst Look at Historical Price Patterns
Bitcoin Outlook for Q4 2024: Analyst Look at Historical Price Patterns

A Bitcoin and crypto market summer crash is nothing new, in fact, it has happened several times before leading analysts to look at previous years in an effort to predict what will happen later this year.

Cryptopotato·2024/07/09 01:16
TeraWulf chooses BTC mining profitability over expansion in M&A
TeraWulf chooses BTC mining profitability over expansion in M&A

Share link:In this post: Bitcoin mining firm TeraWulf is open to mergers as long as they increase BTC mining profitability instead of focusing on expansion. TeraWulf mentioned that its primary purpose was to provide stakeholders with sustainable returns. A February Galaxy Digital report suggested that mining firms may consider mergers and acquisitions to manage high BTC mining power costs.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments ma

Cryptopolitan·2024/07/08 23:29
Flash
04:42
Governor of the Reserve Bank of India: Business expectations remain optimistic, service exports show good performance, the economy demonstrates resilience, rising energy prices and supply disruptions will put pressure on economic activity, the overall impact depends on the duration of the conflicts, and insufficient monsoon rainfall is expected to affect rural demand.
The Governor of the Reserve Bank of India stated: Business expectations remain optimistic, service exports are performing well, the economic situation demonstrates resilience, rising energy prices and supply disruptions will put pressure on economic activity, the overall impact depends on the duration of the conflict, and insufficient monsoon rainfall is expected to affect rural demand.
04:42
ZODL founder: The ZEC vulnerability is not a flaw in the underlying cryptography or the proof generation engine
```htmlJinse Finance reported that on June 5, ZEC suffered a 30% drop due to the unlimited forgery vulnerability in the Orchard pool. Josh Swihart, founder of ZODL, stated that the Orchard vulnerability exists in one of its rules, which was written too loosely and allowed false information to be accepted and still pass verification. As a result, the engine might mistakenly consider fake transactions to be valid. In fact, someone may have forged ZEC in the Orchard transaction pool. This is a flaw in the handwritten rules, not an issue with the underlying cryptography or the proof-generating engine. The question is how to ensure such vulnerabilities do not happen again, and the best answer is formal verification. Tachyon is currently being built using formal verification, with a more concise and unified rulebook. Compared to Orchard, there are fewer special cases and complex details, meaning the entire rulebook can be perfectly verified mathematically. Several teams are already working on formally verifying Orchard's existing circuits. If verification is successful, launching a second Orchard pool in the near term may be the best solution before Tachyon. While Tachyon is more streamlined, a formally verified Orchard pool can serve as an effective transitional measure.```
04:34
Data: The current Crypto Fear & Greed Index is 13, indicating extreme fear.
ChainCatcher News, according to Coinglass data, the current Cryptocurrency Fear & Greed Index is 13, up 2 points from yesterday. The 7-day average is 19 and the 30-day average is 30.
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