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Westlake Police Issue Alert on Blackmail Scams Involving Bitcoin

Westlake Police are cautioning residents about a rise in blackmail scam emails. Scammers claim they have been monitoring recipients’ online activities and demand payment, typically in bitcoin or gift cards,…

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We Asked ChatGPT if Bitcoin (BTC) Can Hit $100K if the US Fed Lowers Interest Rates

TL;DR A potential interest rate cut by the U.S. Federal Reserve could boost the crypto market, possibly pushing BTC toward a new all-time high. Some experts argue that the positive…

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Bitcoin Hashrate Hits Record High as Prices Drop Below $55K

As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple…

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Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses

A recent report from Glassnode, led by researchers Ukuriaoc and Cryptovizart, highlights growing stress among short-term bitcoin (BTC) holders. As market pressure mounts, these investors experience heightened unrealized losses, suggesting…

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September Crypto Crash Wipes Out $170B, Bitcoin and Ethereum Take the Biggest Hit

Between Sept. 1 and Sept. 7, 2024, the crypto market took a notable hit, shedding $170 billion in value. Bitcoin and ethereum were the main drivers of this downturn, responsible…

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Bitcoin Price Crashes Toward $53K But Arthur Hayes Expects It To Plummet Further

Bitcoin’s price collapsed on Friday below $53,000, reaching its lowest level since the “Black Monday” following macroeconomic shakeups in early August. The collapse appears to have fully corroborated the prediction…

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Ethereum Underperforms Bitcoin 2 Years After The Merge, According to Cryptoquant Data

Ethereum has underperformed bitcoin by 44% since The Merge, according to research from Cryptoquant. Despite significant upgrades and the recent approval of ethereum spot exchange-traded funds (ETFs), the cryptocurrency continues…

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Crypto Economy Falls to $1.91T, 34 Coins Hit Hard With Double-Digit Declines

While bitcoin has dropped 7.6% over the past week and ether has slid 7.98%, many other assets have faced notable declines. The Tron-based SUN token took the hardest hit, plunging…

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