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The battle between Immutable X and Gala continues to shape the Web3 gaming space, but there is a new contender, who seems to be shaking things up. Both tokens are showing cautious movement as Immutable X hovers around $0.41 and Gala fights to keep above $0.010. However, many eyes are now seemingly drifting toward the […]

Taiwan’s central bank and Executive Yuan are evaluating Bitcoin as a strategic reserve asset, marking a major step.
The post Taiwan Weighs Adding Bitcoin to National Reserves in Major Policy Shift appeared first on Cryptonews.

An analyst has pointed out how Chainlink could see its next major move after it breaks past the range of this technical analysis (TA) pattern. Chainlink Has Been Trading Inside A Triangle Recently In a new post on X, analyst Ali Martinez has shared about a pattern forming in the 1-week price of Chainlink. The pattern is a Triangle from TA, which is a type of consolidation channel that appears whenever an asset’s price trades between two converging trendlines. Related Reading: Bitcoin “Arguably Undervalued,” Says Analytics Firm: Here’s Why Like other consolidation patterns in TA, the upper level of a Triangle is a source of resistance, while the lower one that of support. Also, a break out of either of these boundaries can signal a continuation of trend in that direct...

Memecoin POPCAT experienced a significant downturn on Wednesday following a major manipulation event on Hyperliquid (HYPE), one of the leading decentralized exchanges in the cryptocurrency market.  POPCAT Faces 43% Drop Following Manipulative Scheme According to a detailed analysis of the situation by DeFi researcher Hanzo on social media site X (previously Twitter), an unknown trader executed a well-coordinated strategy approximately 13 hours prior to the market disruption.  The trader withdrew $3 million in USDC from the OKX exchange and distributed the funds across 19 different wallets on Hyperliquid. Subsequently, they initiated sizable long positions on POPCAT, accumulating total exposure estimated between $20 million and $30 million. Related Reading: Bitcoin To...

Circle's stock plunging from $300 hype by 71% gave Peter Schiff a new opening, arguing the sell-off proves the crypto trade is over and CRCL holders risk falling next.

The U.S. cryptocurrency exchange Gemini reported a net loss of $159.5 million in the third quarter, primarily driven by a surge in operating expenses. Revenue Growth and Diversification Efforts U.S. cryptocurrency exchange Gemini posted a net loss of $159.5 million in the third quarter of this year after its operating expenses surged by more than […]