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Oil steadies decline despite US equity joining Monday selloff
Oil prices are moving away from session's low in the US session. Libya's biggest oil field halts production. The US Dollar Index trades sharply lower and enters a correction phase. Oil prices are recovering from an earlier 3% loss on Monday, with US markets seeing a bit of a recovery from intraday low levels. The Japanese stock market performance was a sign on the wall with its worst performance since 1987, with the Nikkei index sliding over 12% lower. Markets are scared that demand will start to shrink from here after a trifecta of very disappointing US data last week...
CoinStats suspends app after security breach compromises 1,590 wallets
CoinStats suspends app after security breach compromises 1,590 wallets Liam 'Akiba' Wright · 2 months ago · 2 min read CoinStats users urged to export and use private keys after scam notification exposes security flaws. 2 min read Updated: Jun. 23, 2024 at 4:02 am UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. CoinStats, the crypto portfolio app, has temporarily shut down its application to address a security incident. The company stated the breach was limited to 1,590 wallets or 1.3% of all CoinStats Wallets. The company reported that connected wallets and centralized exchanges...
Bitcoin’s 25% Jump Signals Bullish Momentum: $100K on the Horizon?
You are here: Home / News / Bitcoin’s 25% Jump Signals Bullish Momentum: $100K on the Horizon? Bitcoin yet again has downplayed the common normal high expectations, revolving around the $62.6K mark, which is a whopping 25% hike in a mere three days, according to Santiment. As the cryptocurrency has been springing with speculations, some are forecasting that BTC might even rise above $70K and begin a new high with $75K. 📈 Bitcoin briefly crossed all the way above $62.6K, a +25% ascension in just over 3 days. As usual, average traders have been caught off guard. Look for sudden...
