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BTC price heads back to 2021: Five things to know in Bitcoin this week

Bitcoin's price is showing signs of returning to levels seen in 2021, with recent market movements prompting speculation about its future trajectory. Analysts are closely monitoring key resistance levels and potential support zones as BTC approaches the psychological threshold of $30,000. The upcoming Bitcoin halving event is also generating buzz, as historical data suggests it could lead to significant price increases. Additionally, regulatory developments and macroeconomic factors are influencing investor sentiment and market dynamics. Overall, traders are advised to stay vigilant amid this volatile environment.

Read the full article: Coin Telegraph

Authorities Freeze $3.5M in Crypto as Europol, DOJ Disrupt ‘SocksEscort’ Proxy Network

Authorities have frozen $3.5 million in cryptocurrency linked to the "SocksEscort" proxy network, which was involved in facilitating cybercrime. The operation was a collaboration between Europol and the U.S. Department of Justice (DOJ), targeting the network that provided anonymous internet access for illicit activities. The crackdown

Optimism Team Lays Off 20 Employees Amid Ethereum Scaling Shifts, Base Migration Plans

The Optimism team has laid off 20 employees as part of a strategic shift in response to changes in Ethereum scaling and plans for migrating its Base layer-2 solution. This decision comes as the company aims to streamline operations and focus on its core objectives. The layoffs represent approximately 10%

Ethereum layer-2 developer OP Labs cuts roles to 'narrow focus'

OP Labs, the developer behind the Ethereum layer-2 scaling solution Optimism, has announced a reduction in its workforce to streamline operations and concentrate on core projects. The company aims to enhance its focus on building essential infrastructure for the Optimism ecosystem. This decision comes amid a broader trend in the

U.S. Senate votes to ban CBDCs in housing bill that may face trouble in the House

The U.S. Senate has voted to ban Central Bank Digital Currencies (CBDCs) in a housing bill, reflecting concerns over government control of digital currencies. The provision aims to prevent the Federal Reserve from issuing CBDCs that could potentially infringe on individual privacy and financial freedom. However, the bill may

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Authorities Freeze $3.5M in Crypto as Europol, DOJ Disrupt ‘SocksEscort’ Proxy Network

Optimism Team Lays Off 20 Employees Amid Ethereum Scaling Shifts, Base Migration Plans

Ethereum layer-2 developer OP Labs cuts roles to 'narrow focus'

U.S. Senate votes to ban CBDCs in housing bill that may face trouble in the House