No Result
View All Result
Tuesday, February 7, 2023
  • Login
LiveBetPro - Soccer Betting Tips, Crypto Casino, Crypo Exchanger
  • Home
  • Crypto Casinos
    • Best Cryptocurrency Casinos
  • Bookmakers
    • Top Online Bookmakers 2023
  • Exchanges
    • Best Cryptocurrency Exchanges
    • Best Crypto Derivatives Exchanges [2023]
    • 9 Best Bitcoin Exchanges
    • Bybit Review
    • Binance Review 2023
    • Coinbase Review [2023]
    • Gate.io Exchange Review [2023]
    • KuCoin Review 2023
    • BitYard Review [2023]
  • Scripts Bots
    • Seuntjies DiceBot
  • Betting Tips
  • Promotions
  • Contact Us
No Result
View All Result
  • Home
  • Crypto Casinos
    • Best Cryptocurrency Casinos
  • Bookmakers
    • Top Online Bookmakers 2023
  • Exchanges
    • Best Cryptocurrency Exchanges
    • Best Crypto Derivatives Exchanges [2023]
    • 9 Best Bitcoin Exchanges
    • Bybit Review
    • Binance Review 2023
    • Coinbase Review [2023]
    • Gate.io Exchange Review [2023]
    • KuCoin Review 2023
    • BitYard Review [2023]
  • Scripts Bots
    • Seuntjies DiceBot
  • Betting Tips
  • Promotions
  • Contact Us
No Result
View All Result
LiveBetPro - Soccer Betting Tips, Crypto Casino, Crypo Exchanger
No Result
View All Result
Home Bitcoin

Bitcoin price takes a small detour, but is $25,000 scenario still valid?

LiveBetPro by LiveBetPro
September 20, 2022
in Bitcoin
2
btc
193
SHARES
1.5k
VIEWS

(Akash Girimath – FXStreet)

– Bitcoin price has crashed roughly 9.7% in the last 24 hours.

– Although early bulls were punished on the recent sell-off, investors can expect a recovery rally to $25,000.

– if Bitcoin price flips the $18,293 support level, it will invalidate the bullish outlook.

Bitcoin price has single-handedly crashed the entire crypto market as it tumbled below a crucial support level. As of this writing, BTC is still yet to find a stable support level and hatch a recovery plan. Altcoins, including Ethereum and Ripple, are already working on bouncing back.

Related articles

bitcoin

Bitcoin sees golden cross which last hit 2 months before all-time high

February 7, 2023
bitcoin

Bitcoin found an interesting support

February 7, 2023

Bitcoin price ready to make a U-turn

Bitcoin price surprised a lot of investors as it exploded to $22,850, but since then, it has caught more users off guard as it slipped below the previous weekly low at $18,500 and collected the sell-stop liquidity. Moreover, it is also close to the June 18 swing low at $17,593. 

While investors might feel the pain in the short term, this move is helpful to set up a base for a potential recovery move back to $25,000. Therefore, this bearish outlook is an opportunity for patient BTC investors.

A sweep of the previous low is reason enough for Bitcoin price to take a u-turn, but market participants might be better off waiting until the June 18 swing low at $17,593 is swept. This liquidity run is critical to trigger the next leg-up to the weekly open at $19,405.

Flipping this level into a support floor could catalyze Bitcoin price to extend its up move and tag the $20,737 hurdle, which is the penultimate target. The $25,169 level, which is August month’s swing high, is likely what the market makers are seeking and could be a good place to book profits.

BTCUSDTPERP

On the other hand, if the buyers fail to come through, it could knock the Bitcoin price lower and flip the $18,293 support level into a resistance barrier. This move will indicate a weak bullish front and also invalidate the bullish outlook.

Such a development could lead to a cascading price drop to the next support floor at $15,550.

Ethereum PoW sees ‘replay’ exploit for 200 ETHW days after rocky start

(CoinDesk Analysis Team)

Ethereum PoW, the version of the Ethereum blockchain that continues to run on a proof-of-work (PoW) consensus mechanism, experienced a replay exploit over the weekend due to a faulty third-party contract.

Developers of Ethereum PoW were alerted of the issues and immediately took steps to rectify the problem.

The blockchain was established as a fork of the Ethereum network, which switched to a proof-of-stake (PoS) consensus mechanism on Thursday in an event known as the Merge. The PoS network now continues as Ethereum.

The replay exploit refers to the same transaction being duplicated on both chains when they’re not supposed to.

This means if a user transacted on Ethereum PoW, the same was executed on Ethereum – which eventually allows attackers to illicitly trick smart contracts into releasing tokens from one chain, even as the actual transaction was executed on another chain.

Attackers used the Omni bridge of the Gnosis network to conduct the exploit. Some 200 weighted ether (wETH) was transferred through the bridge on Saturday, and the same transaction was replayed on the PoW chain – resulting in the attacker gaining 200 ETHW, or approximately $1,600 at the time.

Faulty data from the Ethereum PoW network’s Chain ID used by a contract caused the issue, security firm BlockSec said in a tweet. A Chain ID is a set of numbers used by the browser-based crypto wallet MetaMask to sign transactions for the network. An incorrect Chain ID causes transactions to fail because users aren’t connected to the correct network, rendering a network unusable.

BlockSec warned that the issue might eventually cause the balance of the chain contract deployed on the PoW chain to “be drained.”

Meanwhile, Ethereum PoW developers said in a Sunday post that the attack exploited the contract vulnerability of the bridge, and not their blockchain itself.

“We have contacted the bridge in every way and informed them of the risks,” it said. “Bridges need to correctly verify the actual ChainID of the cross-chain messages,” the developers wrote.

As such, the network saw glitches on its first day with users stating they weren’t able to access the blockchain’s servers using public information provided by Ethereum PoW. CoinDesk verified the claims and wasn’t able to access Ethereum PoW’s web servers using those links provided, as reported.

ETHW tokens tumbled in the past 24 hours following the exploit, falling some 37%, and extending weekly losses to over 80%, CoinGecko data shows.

Read First Mover Asia: Where in the World Is Do Kwon? Cryptos climb ahead of FOMC

Post Views: 192

Related posts:

FXStreetBitcoin price, FOMC and 75 bps: What happens after the euphoria ends? btcBTC, ETH dominance warn of cycle change bitcoinBitcoin Weekly Forecast: The caveats to BTC’s slippery slope to $12,000 BitcoinEthereumRippleTop 3 Price Prediction Bitcoin, Ethereum, Ripple: Desperate bulls face the axe as BTC pukes before $25,000 FXStreetTop 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets turn green as BTC marches to $25,000 FXStreetHow will Bitcoin price react to another 75 basis point hike? ETHPERPTop 3 Price Prediction Bitcoin, Ethereum, Ripple: How long can crypto markets keep rallying? ethBTC, ETH slump as Pelosi’s Taiwan trip weakens risk sentiment
Tags: Bitcoin priceBTCUSDTPERP newsEthereum price

Related Posts

bitcoin

Bitcoin sees golden cross which last hit 2 months before all-time high

by LiveBetPro
February 7, 2023
0

(Cointelegraph Team) Bitcoin (BTC $23,016) lingered near $23,000 on Feb. 7 as a key chart phenomenon hit for the first...

bitcoin

Bitcoin found an interesting support

by LiveBetPro
February 7, 2023
0

(Gregor Horvat - Wavetraders) Bitcoin has been in a massive decline over the last year, but it stopped at interesting technical support levels,...

bitcoin

Bitcoin price over $20K creates FOMO with 620K new BTC wallets

by LiveBetPro
February 6, 2023
0

(Cointelegraph Team) The Bitcoin (BTC $22,825) price surge above $20,000 in the second week of January led to a market...

bitcoin

Bitcoin Weekly Forecast: Nonfarm Payrolls on the radar after Powell’s speech propels BTC higher

by LiveBetPro
February 6, 2023
0

(Akash Girimath - FXStreet) - Bitcoin price confuses traders between tagging $25,000 or retracing to $18,600. - Nonfarm Payrolls and...

bitcoin

Bitcoin bulls must reclaim these 2 levels as the ‘death cross’ still looms

by LiveBetPro
February 3, 2023
0

(Cointelegraph Team) Bitcoin BTC tickers down $23,787 face a sink-or-swim resistance test to confirm its “macro breakout,” a new analysis...

Load More
  • Trending
  • Comments
  • Latest
freebitco-Multiply BTC

Freebitco Review – Discover Multiple Ways To Earn Free Bitcoins

June 4, 2022
earn-free-bitcoins-daily-without-investment-2022

How can I get free bitcoin without investment [2022]?

July 2, 2022
Are-Your-Investments-Safe-with-Crypto-Trading-Bots

Are Your Investments Safe with Crypto Trading Bots?

June 8, 2022
faucet-main

What Are Crypto Faucets ?

May 23, 2022
bitcoin

Bitcoin

115
Ethereum

Ethereum

57
How-To-Use-Crypto-Online-Gambling-Websites

How To Use Crypto Online Gambling Websites

44
8-Tips-On-How-To-Make-Money-Sports-Betting

8 Tips On How To Make Money Sports Betting

44
BinanceCoin

BNB/USD (Binance) Elliott Wave analysis – Turn the higher taking place

February 7, 2023
AdaSwap, a Cardano Ecosystem Builder All Set For Launch of Public Testnet

Cardano price looks overpriced, 17% nosedive likely for ADA

February 7, 2023
LunaTerra

Luna Classic gears up for recovery after Binance support and latest upgrade

February 7, 2023
bitcoin

Bitcoin sees golden cross which last hit 2 months before all-time high

February 7, 2023

Connect with LiveBetPro.com

telegram twitter

Now online

livebetpro

Livebetpro Information

Address: Ho Chi Minh City, Vietnam, 70000

Contact Us:

– Skype: fxvnpro
– Email:
livebetpro@gmail.com
admin@livebetpro.com

Payment Methods

– Webmoney
– Perfect Money
– Skrill
– Neteller
– Bank Wire
– Bitcoin

Disclamers

Any promotions, reviews, and other information in the website are just for the information purpose only.

There is no invitation or encouragement to invest in Casinos, Bettings, Cryptocurrencies and so on. We disclaim liability for any loss resulting from the use of information contained on this website.

The published comments are private opinions or feedback of the users. Livebetpro is not responsible for any information on the website.

Risk Warning

Please be aware of your investment into bettings/casinos/cryptos which is high risk and not suitable for everyone.

Recent Posts

  • BNB/USD (Binance) Elliott Wave analysis – Turn the higher taking place
  • Cardano price looks overpriced, 17% nosedive likely for ADA
  • Luna Classic gears up for recovery after Binance support and latest upgrade
  • Bitcoin sees golden cross which last hit 2 months before all-time high
  • Bitcoin found an interesting support
  • Bitcoin price over $20K creates FOMO with 620K new BTC wallets
  • Bitcoin Weekly Forecast: Nonfarm Payrolls on the radar after Powell’s speech propels BTC higher
  • Bitcoin bulls must reclaim these 2 levels as the ‘death cross’ still looms
  • Bitcoin, S&P 500 close in on bullish ‘golden cross’ signal
  • Here’s why India held on to older crypto reforms in the national budget 2023

Categories

  • Affiliate Programs
  • Betting Tips
  • Bitcoin
  • Blockchain
  • Blockchain Gaming
  • Crypto
  • Crypto Casinos
  • crypto lending platform
  • Crypto Mining
  • Crypto Trading
  • Crypto Trading Bots
  • Crypto Wallets
  • Cryptocurrency Price analysis and Prediction
  • DeFi
  • Earn Free Crypto
  • Ethereum
  • Exchanges
  • Faucets
  • Investment News
  • NFT
  • Promotions
  • Ripple
  • Scripts Bots
  • sport betting
  • USDT
  • Web3
  • XRP
  • About
  • FAQ
  • Contact Us

© 2022 by LiveBetPro.

No Result
View All Result
  • Contact Us
  • Homepages

© 2022 by LiveBetPro.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Warning: array_sum() expects parameter 1 to be array, null given in /home/betbonus/livebetpro.com/wp-content/plugins/jnews-social-share/class.jnews-social-background-process.php on line 111