A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa voluntarily and that he was not a flight risk. US Judge Grants Motion for Spagni’s Extradition A South African regional court magistrate recently ruled to release

Bitcoin (BTC) starts a new week nearing key resistance as the shock of the latest United States inflation data passes — can the strength continue? The July 17 weekly close may have been practically identical to the last, but BTC/USD is showing some much needed strength prior to the July 18 Wall Street open. Last week was a testing time for crypto hodlers everywhere, with inflation dictating the mood across risk assets and the U.S. dollar capping the gloomy atmosphere. With those pressures… Source link

  Bitcoin is eyeing more gains above USD 21,000. Ethereum gained pace and tested USD 1,400, XRP is consolidating near 0.35. MATIC rallied 8%, ETC gained 25%. Bitcoin price settled above the USD 20,500 pivot level and managed to climb above the USD 21,000 level. It is currently (04:09 UTC) trading near USD 21,300 and is almost unchanged in a day and up 2% in a week. Similarly, most major altcoins are showing positive signs. ETH gained… Source link

Bitcoin started a steady increase above the $21,000 resistance against the US Dollar. BTC could rise further towards $22,000 if it stays above the $20,500 support. Bitcoin is slowly moving higher above the $21,000 resistance zone. The price is now trading above the $20,800 level and testing the 100 hourly simple moving average. There was a break above a short-term bearish trend line with resistance near $21,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might… Source link

Ethereum Classic’s [ETC] bulls have regained control ever since it bottomed out in mid-June. Their presence has been particularly felt in the last seven days during which ETC’s price action delivered a strong uptick. However, at press time, it was flashing signs of a bearish reversal after its latest rally. ETC’s latest rally kicked off on 13 July from the day’s low at $13.34. It has delivered a sustained bullish uptick since then. In fact, it peaked at $19.92 within… Source link

The cryptocurrency market registered a much-needed surge recently, with the market cap up to almost $1 trillion. Ethereum, the world’s largest altcoin, led the charge with a 14% hike following recent developments around the Merge. Joining the millionaire alley ETH, at the time of writing, was trading around the $1.35k-mark thanks to renewed interest from enthusiasts. Whale activities just aided this cause, as highlighted by the analytical firm – Santiment. Following this… Source link

A Bitcoin node is a pivotal piece of the Bitcoin (BTC) protocol. For bad actors, attacking nodes and bringing them offline is a sound strategy to undermine the network’s resilience. For one British Bitcoiner, such an attack took place, as the actions of his feline friend rendered his Bitcoin node “unreachable.” Bodl_hodler (who wishes to remain anonymous) told Cointelegraph that he “started running Raspberry Pi as Umbrel node January 2021,” as he wished to contribute to the overall… Source link

A July 9 post by @PricedinBTC on the “cost to mine Bitcoin” in the United States gathered the crypto community’s attention, especially considering the recent headlines that BTC miners have made. The crypto bear market and growing energy costs have caused a perfect storm for the mining sector and this has led some companies to lay off employees and others to defer all capital expenditures. Some went as far as raising concerns of Bitcoin miners hitting a “death spiral.” In bear markets like… Source link

Alex Dovbnya This veteran trader is not impressed by Ethereum’s most recent rally In a recent Twitter thread, Peter Brandt threw cold water on Ethereum’s most recent rally, claiming that it is “questionable.” The veteran trader noted that the most recent upturn came on “extremely light volume.” This suggests that the Saturday rally was likely a flash in the pan. Otherwise, the uptick would have been based on aggressive buying from strong hands, according to Brandt. As… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Recent market-wide gains helped Litecoin [LTC] buyers reclaim the $53-level over the past 24 hours. As a result, the altcoin quickly jumped above the EMA ribbons to project strong buying momentum. Furthermore, the recent bullish engulfing candlesticks reflected a solid uptick in buying pressure. Sustained rejection of higher prices in the… Source link