Bitcoin price started a fresh upward move above the $98,000 zone. BTC is trimming losses but might struggle to settle above the $103,000 zone. Bitcoin started a fresh upward move above the $100,000 level. The price is trading above $99,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $100,000 zone. Bitcoin Price Reclaims $100,000…
Day: February 4, 2025
US charges Canadian over $65M KyberSwap, Indexed Finance hacks
The US Department of Justice charged Andean Medjedovic with exploiting two crypto protocols, alleging he tried to extort one with a “sham settlement proposal.” Source link
CFTC probes Super Bowl wagers offered by Crypto.com, Kalshi: Report
The US commodities regulator is reportedly investigating Super Bowl markets offered by Crypto.com and Kalshi, asking them how they comply with derivatives rules. Source link
Crypto markets rebound as Trump puts Canada, Mexico tarriffs on hold
Both Canada and Mexico have agreed to implement policies to stop the flow of illegal drugs and immigration into the US after a phone call with US President Donald Trump. Source link