🔍 🟡😐 Market Analysis: 20-12-09

The first hours of December 20th have seen Bitcoin linger near key safety nets, as investors parse fresh volatility and a shifting macro picture. Volumes are muted, with BTC hugging the 100-week average while broader crypto assets—like Filecoin and Polkadot—retreat after brief surges. Filecoi... ... Read full 🟡😐 Market Analysis: 20-12-09

Brooklyn man indicted for allegedly stealing $16 million from Coinbase users through phishing scheme

Brooklyn man indicted for allegedly stealing $16 million from Coinbase users through phishing scheme

A 23-year-old Brooklyn man has been indicted on 31 counts for allegedly operating a phishing scheme that stole approximately $16 million in cryptocurrency from around 100 Coinbase users, the Brooklyn District Attorney's Office announced Friday.Ronald Spektor of Sheepshead Bay was arraigned on charge

Sell Bitcoin for gold? Not so fast, one analyst says

Sell Bitcoin for gold? Not so fast, one analyst says

The price of Bitcoin will outperform gold in the long run, and BTC holders should not sell their coins to pour into gold during its meteoric run to prices above $4,000 per ounce, according to Bitcoin advocate, educator and market analyst Matthew Kratter.BTC is a better store of value based on scarc

Crypto trader loses $50 million in address poisoning attack, offers $1 million bounty for return

Crypto trader loses $50 million in address poisoning attack, offers $1 million bounty for return

A crypto trader lost nearly $50 million in USDT stablecoins after falling victim to an address poisoning attack, a seemingly simple scheme that nonetheless sometimes snags unwary traders, according to security firms. Onchain analytics platform Lookonchain reported that the victim sent 49,999,950 USD

Bitcoin RSI nears three-year lows vs. gold as analyst sees bullish comeback

Bitcoin RSI nears three-year lows vs. gold as analyst sees bullish comeback

Bitcoin versus gold has entered classic bottom territory as a key support retest begins.Key points:Bitcoin drops to 20 ounces of gold for the first time since early 2024.This represents a the border between bull and bear-market territory, analysis says.A three-year Bitcoin uptrend versus gold is no

Shiba Inu X Account Reveals Behind-the-Scenes Adjustments, What's Left?

Shiba Inu X Account Reveals Behind-the-Scenes Adjustments, What's Left?

The crypto community was taken by surprise as the official Shiba Inu X account was without a gold checkmark on X.The official Shiba Inu X account, which has 3.9 million followers, often tweeted about developments within and without the Shiba Inu ecosystem, although its recent tweets on tokens beyond

Bitcoin Price Enters New Downtrend as On-Chain Demand Weakens, CryptoQuant Warns

Bitcoin Price Enters New Downtrend as On-Chain Demand Weakens, CryptoQuant Warns

Bitcoin may have already entered a new downtrend, according to on-chain data from CryptoQuant. The analytics firm argues that the recent market weakness is not driven by supply mechanics like halvings, but by a noticeable slowdown in demand, a factor that has historically dictated Bitcoin’s major cy

Coinbase's CEO Threatens Scammers Targeting Its Customers After Collaboration With Brooklyn DA

Coinbase's CEO Threatens Scammers Targeting Its Customers After Collaboration With Brooklyn DA

Brian Armstrong, the CEO of leading U.S. cryptocurrency exchange Coinbase, on Saturday issued a strong warning to crypto scammers following the growing cases of frauds targeting its customers.The warning has come after the firm joined hands with the Brooklyn District Attorney’s Office, assisting the

How a single copy-paste mistake cost a user $50M in USDt

How a single copy-paste mistake cost a user $50M in USDt

A single transaction error led to one of the largest onchain losses seen this year, after a user mistakenly sent nearly $50 million in USDt to a scam address in a classic address poisoning attack.According to onchain investigator Web3 Antivirus, the victim lost 49,999,950 USDt (USDT) after copying a

Scam Alert: 50,000,000 USDT Lost to Spoofing Address Exploit

Scam Alert: 50,000,000 USDT Lost to Spoofing Address Exploit

A cryptocurrency user has lost nearly $50 million due to a costly mistake caused by copying a spoofed address and trusting visual similarity. According to the Lookonchain update, the victim copied the wrong wallet address when he made the crypto transfer.How attacker exploited "common mistake"Notabl