Day: August 26, 2024

Bitcoin has undergone a bullish retracement over the past month, successfully surpassing several key resistance levels. However, the price has now approached a critical resistance zone defined by the 100—and 200-day moving averages. The behavior in this area will be pivotal in determining Bitcoin’s overall trajectory. Bitcoin Price Analysis: Technicals By Shayan The Daily Chart A detailed examination of Bitcoin’s daily chart reveals a notable increase in buying activity, as the price has experienced a period of bullish retracement, reclaiming multiple key resistance levels. However, after a significant 32% rise,…

Women perceive crypto as one of the most unattractive hobbies a man can have, even more so than watching anime, cosplaying or reading comic books, according to a recent survey. Crypto was seen as the ninth-most unattractive hobby for males, the Aug. 24 survey by the Date Psychology blog found, which was a convenience sample of 814 people, 48% of which were female. The authors noted that based on past surveys, their sample population disproportionately includes women of “high social status,” with a high level of education and who are…

A former Kansas bank executive was sentenced to 293 months in federal prison for embezzling $47.1 million in a cryptocurrency fraud scheme that led to the collapse of Heartland Tri-State Bank (HTSB). Shan Hanes, 53, the former CEO of HTSB, pleaded guilty to one count of embezzlement by a bank officer. $47M Crypto Fraud Court documents revealed that Hanes executed 11 unauthorized wire transfers between May and July 2023, directing $47.1 million of the bank’s funds to a cryptocurrency wallet as part of a scheme known as “pig butchering,” where…