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Berachain (BERA) faces intense selling pressure, with its price down 27% in a week. A break below $6.07 could trigger further declines, while a rally to $7.36 remains possible if demand strengthens.
Could Bitcoin secure America’s financial future? Michael Saylor’s bold plan outlines how the US could generate $81 trillion by 2045.
Quick Take This is an excerpt from the 23rd edition of The Funding sent to our subscribers on March 9. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.
Quick Take Bitcoin’s Sunday slide below $83,000 led a market-wide price decline with Dogecoin and Cardano each dropping by more than 10%. Both altcoins had recovered slightly late Sunday afternoon.
- 01:57Canadian hacker, 22, sentenced to one year for stealing accounts and defrauding $794,000ChainCatcher reports that, according to Decrypt, a young cybercriminal has been sentenced to prison for stealing NFTs and cryptocurrencies by exploiting hijacked accounts on the social platform X (formerly Twitter). Canadian citizen Cameron Albert Redman, 22, was sentenced to one year in prison on Tuesday for conspiracy to commit wire fraud, wire fraud, and conspiracy to commit aggravated identity theft. In 2022, Redman and his accomplices used hacked social media accounts belonging to digital artists to post links to counterfeit websites impersonating well-known creators and brands, defrauding more than 200 victims of $794,000 in just a few days.
- 01:57Ethereum Treasury Firm The Ether Machine Increases Holdings by Approximately 15,000 ETH, Worth Around $57 MillionAccording to ChainCatcher, as stated in the official announcement, Ethereum treasury strategy firm The Ether Machine has increased its holdings by approximately 15,000 ETH, bringing the total amount of ETH purchased and committed to hold to 334,757 ETH. The company also stated that its remaining funds amount to a maximum of $407 million, which can be used for further ETH acquisitions.
- 01:57Bolivia and El Salvador Sign Cryptocurrency Cooperation AgreementAccording to ChainCatcher, citing Jinshi Data, the Central Bank of Bolivia announced on July 30 local time that it has signed a memorandum of understanding with El Salvador's National Digital Assets Commission, aiming to exchange information and expertise on cryptocurrencies. The agreement includes cooperation in cryptocurrency regulation and policy development.