Gate Cryptocurrency News and Market Analysis

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In brief Bitcoin bounced to above $69K after testing $60K lows, up 3.69% in 24 hours, but the daily chart shows strong bearish momentum. On Myriad, traders are pricing in 55% odds that Bitcoin touches $55K before recovering, reflecting persistent bearish sentiment. The Crypto Fear and

Ceffu, a well-known institutional digital asset custody entity, is expanding its custody support. In this respect, Ceffu is now offering custody support for the tokenized U.S. government money market fund of Franklin Templeton, a prominent investment management firm. As per Ceffu’s official press re

The crypto market has entered a heightened state of sensitivity as Bitcoin continues having difficulties establishing a substantive directional bias. Following a volatile few weeks of price activity, the flagship digital asset appears to have developed a defined technical formation on the

A dormant hacker wallet from the 2023 Mixin exploit transferred $3.85 million in Ethereum to Tornado Cash. The Mixin hack caused a $200 million loss. Mixin plans to repay affected users $23 million by September 2026, but continues operations with $1 billion in assets.

A Connecticut man, Elmin Redzepagic, faces up to 375 years in prison for allegedly defrauding crypto investors out of nearly $1 million. He misrepresented himself as a crypto expert and gambled the funds online, leading to multiple fraud charges.

Ethereum is in a critical stage against Bitcoin, and market analysts are indicating decreasing relative strength and expecting a breakdown if weakness persists. The ETH/BTC market has been moving downward over the past few weeks, and it has not been in a position to regain the vital resistance

FedEx has joined the Hedera Council to enhance supply chain efficiency using distributed ledger technology. The partnership aims to improve data verification and global commerce processes alongside other industry leaders.

In brief Workplace monitoring software tools are being targeted by ransomware hackers, according to cybersecurity firm Huntress. A new report found that threat actors chained employee monitoring software with remote management tools to gain persistence in companies' systems. The