Bitcoin’s Support Levels Under Scrutiny: Is $25,000 the New Critical Point?

Bitcoin’s Recent Slump Raises Concerns Amidst Predictions of Further Decline The cryptocurrency market experienced a significant downturn as Bitcoin’s price plummeted to levels not seen since June. While some experts had predicted this dip, others are now contemplating the possibility of an even steeper decline if a perfect storm were to hit the crypto markets. …

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A Cautionary Tale: Reddit User Loses Thousands in Bitcoin Due to “Secure” Paper Wallet

In the world of cryptocurrencies, security is paramount. A recent incident on Reddit serves as a stark reminder of why crypto users need to exercise extreme caution when dealing with wallet generators. On July 24, a Reddit user with the handle /jdmcnair posted a distressing story on the r/Bitcoin subreddit, recounting how they lost over …

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Ethena: Redefining Stability in the Crypto World with $6.5 Million Seed Funding

Ethena, a pioneering Ethereum stablecoin protocol, has successfully raised an impressive $6.5 million in its recent seed funding round. The round, led by Dragonfly Capital, garnered substantial support from prominent figures like former Bitmex CEO Arthur Hayes, as well as derivatives exchanges including Deribit, Bybit, Okx, Gemini, and Huobi. With this substantial funding, Ethena aims …

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