The price of Bitcoin has surpassed the $62,000 mark, with market participants reacting to unexpected moves by the Federal Reserve, including a surprising 50 basis point rate cut. This development has ignited anticipation of a new liquidity cycle, positioning the Bitcoin and broader cryptocurrency markets on the brink of significant advancement. Amid escalating fears of […]
Bitcoin is currently trading near its highest point in a month, buoyed by consecutive dovish signals from the central banks of the United States and Japan. On September 20, Bitcoin surged approximately 2.5%, reaching over $64,120. This increase coincided with the Bank of Japan keeping interest rates steady following last month’s rate hike. This decision […]
Singapore-based cryptocurrency platform BingX has reported that losses from a suspected cyberattack on September 20 have escalated to over $52 million, doubling the initially estimated $26 million. Earlier disclosures by blockchain security firm PeckShield had identified a single Ethereum wallet associated with the breach, which had received $26.7 million in assets from BingX. However, subsequent […]
