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Author: CNL-admin

IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive

July 20, 2024 CNL-adminBitcoin News

An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently undermine efforts to contain inflation. The representative expressed concern that the prevailing economic conditions in Zambia are not conducive for the country to proceed with the…

Bitcoin

Solana Sets Sights On $175 Resistance As Bullish Momentum Builds

July 20, 2024 CNL-adminCrypto Analysis

Lately, the price of Solana (SOL) has been demonstrating bullish resilience and gaining significant growth above its bearish trendline. Market participants are closely watching this current price action with the $175 resistance acting as a pivotal point, and a break…

Crypto Analyst Says ‘Think Bigger’, Bitcoin Price Is Headed To $100,000

July 20, 2024 CNL-adminCrypto Analysis

A crypto analyst has maintained a strong bullish stance for Bitcoin (BTC), predicting that the pioneer cryptocurrency is heading towards a fresh all-time high of $100,000. The analyst has shared several factors that could propel Bitcoin to this lofty price…

Rho Markets Pauses Platform After Attacker Siphons $7.6 Million in Digital Assets

July 20, 2024 CNL-adminBitcoin News

The digital asset security platform Cyvers Alerts disclosed on July 19 that Rho Markets’ liquidity layer on Scroll had been exploited after hackers took control of an oracle access control. Cyvers reported that the attacker held $7.6 million across multiple…

Bitcoin

NoOnes Bitcoin Philosophy: Everyone Eats

July 20, 2024 CNL-adminCrypto Flash News

I like to eat. What I mean by that is I like to make money. I’ve had my share of being hungry and eating two-minute noodles because I couldn’t afford anything else. That’s no fun, but it’s the reality for…

Seedless Keys And DLCs: How Lava Is Making Bitcoin Custody Easy

July 20, 2024 CNL-adminCrypto Flash News

Company Name: Lava Founders: Shehzan Maredia Date Founded: January 2022 Location of Headquarters: New York, USA (with some remote employees) Amount of Bitcoin Held in Treasury: N/A Number of Employees: 7 Website: https://www.lava.xyz/ Public or Private? Private Shehzan Maredia wants…

PeiPei Soars 250% in a Month While CYBRO Projects 1200% Surge After Latest AMA

July 20, 2024 CNL-adminEthereum News

The cryptocurrency market remains relatively calm, seemingly on the brink of a major bull run. Altcoins present enticing entry points, yet many are already witnessing significant rises. Notable among them is PeiPei, which has surged by 250% in the past…

Ethereum

Potential UK Bitcoin Sell-Off Mirrors Germany’s Move, Could Impact Global Crypto Market

July 20, 2024 CNL-adminEthereum News

UK Chancellor Rachael Reeves considers selling £3.9 billion in Bitcoin to fund economic policies, mirroring Germany’s move. Analysts suggest easing UK crypto regulations could attract investment and stabilize market amid government sell-off. The UK government, led by newly appointed Chancellor…

Ethereum

Chinese Billionaire Convicted of Racketeering and Wire Fraud in US

July 20, 2024 CNL-adminBitcoin News

Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S.…

Bitcoin

Philippine Central Bank Warns of AI-Driven Crypto Scams — Governor Denies Endorsing Cryptocurrency Projects

July 20, 2024 CNL-adminBitcoin News

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has cautioned the public against scams involving AI-manipulated videos and audios, which are used to spread false information, particularly about cryptocurrency investments. The BSP emphasizes that Governor Eli…

Bitcoin

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