Author: Kryptonews

Bitcoin continues to fascinate and challenge traders, its price action a constant source of speculation and analysis. Understanding the key chart signals that traders are currently watching can provide valuable insights, even if predicting the future remains impossible. This article dissects some of the most prevalent technical indicators and chart patterns influencing Bitcoin trading today. Key Moving Averages and Their Significance Moving averages are among the most fundamental tools in a trader’s arsenal. They smooth out price data to create a single flowing line, making it easier to identify trends. Currently, traders are closely monitoring the 50-day, 100-day, and 200-day…

Ethereum (ETH) faced renewed downside pressure in late trading, tumbling below the $2,500 level as selling volume surged and broader risk sentiment weakened. Global trade tensions and renewed U.S. tariff risks have triggered risk-off flows, with digital assets increasingly mirroring traditional markets in their reaction to geopolitical uncertainty.On-chain data revealed sizable inflows to centralized exchanges — most notably 385,000 ETH to Binance —a dding to speculation that institutional players may be trimming positions. Although ETH has since recovered modestly to trade around $2,506, market observers are closely watching whether buyers can defend this level or if another leg lower is…

XRP’s showing signs of strength have lit up the crypto world. Analysts think the cross-border remittance giant could soar to $10 or even $15 in the long term. The optimistic analysis has caught the attention of market whales while highlighting the growing importance of borderless remittances. But there’s another high-potential cross-border remittance altcoin that whales are loading up alongside XRP: the new Remittix PayFi protocol. This rising token is also making headlines because of its laser focus on simplifying crypto and fiat transactions across borders, making it a serious rival to XRP. Let’s see if XRP will eventually rise to…

Blockchain technology continues to gain traction in enterprise environments, promising heightened security, transparency, and efficiency across various industries. However, businesses must carefully evaluate both the hidden costs and potential return on investment (ROI) before implementing blockchain solutions. Understanding Blockchain Costs Transitioning to a blockchain-based system involves several expenses beyond the initial software development. These often include: Development & Implementation Costs Building a blockchain network—whether public, private, or hybrid—requires significant investment in software development, infrastructure, and security measures. Costs escalate with complexity, scalability needs, and integration with existing legacy systems. Additionally, bespoke blockchain solutions tailored to specific industries (e.g., supply chain…

With the wider market recovering, Ripple (XRP) and Shiba Inu (SHIB) are now putting on regular, though not outstanding, performances. Currently, XRP trades at $2.32, with only small increases over the last week, as people await news on the approval of the Ripple ETF and new rules in the U.S. SHIB has continued to be firm despite less whale involvement, since its community is rallying together and supporting their cryptocurrency ahead of the coming market upturn. While both assets remain key players in long-term crypto investing strategies, analysts suggest that newer, low-priced token Mutuum Finance (MUTM) may offer significantly higher…

Withdrawals are coming! The Shapella network upgrade will activate on the Sepolia network at epoch 56832, scheduled for 4:04:48 AM UTC on Feb. 28, 2023Stakers & node operators should read this post as well as the Withdrawals FAQThe Zhejiang testnet can be used to test Shapella functionality prior to the Sepolia upgrade After months of testing and an ephemeral devnet launch, the Shanghai/Capella (a.k.a. Shapella) network upgrade is now scheduled for deployment on Sepolia. This upgrade follows The Merge and enables validators to withdraw their stake from the Beacon Chain back to the execution layer. It also introduces new functionality…

Created in 2009, Bitcoin was designed to disrupt the traditional financial industry, and its popularity continues to rise. But like many people, you may ask yourself, what can you buy with Bitcoin? The truth is that you will be surprised to make this discovery.The initial vision for Bitcoin was a peer-to-peer electronic cash system. Still, Bitcoin payments are increasingly becoming the order of the day, even among some of the biggest brands, mostly with online stores. Thousands of e-commerce stores and sites have developed systems that instantly convert Bitcoin to fiat currency, eliminating the volatility risk.The story continues, from paying…

Blockchain App Development Challenges (And How to Solve Them) Introduction Blockchain technology offers transparency, security, and decentralization, making it attractive for various industries. However, developing blockchain applications comes with unique challenges, from scalability and regulations to smart contract vulnerabilities and high development costs. Addressing these issues is crucial for building successful blockchain applications. 1. Scalability Issues Many blockchain networks, including Bitcoin and Ethereum, face scalability limitations. Transactions per second (TPS) are often low, leading to slow processing times and high fees, especially during peak usage. Solutions: Layer-2 scaling solutions (e.g., Polygon, Optimism) improve transaction throughput without sacrificing security. Sharding techniques…

Key Takeaways: BitMEX uncovered major security flaws in North Korea’s Lazarus Group. A rare IP leak exposed a hacker’s location in China. G7 leaders plan to address North Korea’s growing crypto thefts at their upcoming summit. BitMEX’s security team has exposed significant operational weaknesses within the Lazarus Group, the North Korean state-sponsored cybercrime network responsible for a string of high-profile crypto hacks.In a recent counter-operations probe, BitMEX researchers identified technical missteps that revealed parts of the group’s infrastructure.Among the discoveries were exposed IP addresses, an accessible database, and tracking algorithms used by the group in its campaigns.Rare Slip Exposes Lazarus…

French authorities have charged 25 individuals, including six minors, over a series of kidnappings and attempted abductions linked to the country’s cryptocurrency sector.The group, aged between 16 and 23, faces charges connected to multiple plots targeting prominent crypto figures and their families, Le Monde reported, citing an announcement from the Paris public prosecutor’s office on May 31.Per the report, eighteen suspects are now in pre-trial detention, three have requested a deferred hearing, and four remain under judicial supervision.The investigation centers on a failed May 13 abduction attempt in Paris’ 11th arrondissement. The targets were the daughter and grandson of Pierre…