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Tesla Bitcoin Loss: The $239 Million Unrealized Setback That Reveals Corporate Crypto Strategy
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Tesla Bitcoin Loss: The $239 Million Unrealized Setback That Reveals Corporate Crypto Strategy

BitcoinWorldTesla Bitcoin Loss: The $239 Million Unrealized Setback That Reveals Corporate Crypto StrategyPALO ALTO, California – January 28, 2025: Tesla’s latest quarterly financial disclosure reveals a substantial $239 million post-tax impairment loss on its Bitcoin holdings, marking a significant moment in corporate cryptocurrency adoption. This development comes amid broader market volatility that has tested institutional crypto strategies worldwide. The electric vehicle manufacturer maintained its position of 11,509 [...]This post Tesla Bitcoin Loss: The $239 Million Unrealized Setback That Reveals Corporate Crypto Strategy first appeared on BitcoinWorld.

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Dogecoin Roadblock At $0.15: Analyst Predicts The Next Major Level
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Dogecoin Roadblock At $0.15: Analyst Predicts The Next Major Level

Dogecoin (DOGE) is showing signs of recovery as it attempts to break out of its ongoing bearish trend. However, a crypto analyst had identified a significant roadblock at $0.15, which could determine the meme coin’s next move. According to the analyst, if Dogecoin can decisively break through this resistance, its price could move toward a more bullish target, signaling a potential shift in market momentum. Dogecoin Faces Major Resistance At $0.15 Dogecoin is now attracting new attention as technical indicators suggest the meme coin may be preparing for a directional move after months of downside pressure. A recent analysis shared by pseudonymous market expert ‘World of Charts’ on X outlines a developing breakout structure that could define Dogecoin’s bullish trajectory. Related Reading: Dogecoin Price Just Confirmed A Reversal With The RSI Divergence According to the expert, Dogecoin is trading near a key price area that is acting as a major barrier to further upward movement. The daily chart shows the meme coin trending lower since its record high in late 2024, with a series of lower highs and lower lows dominating price action. This decline eventually slowed as DOGE entered a tight consolidation range near the $0.122 level, highlighted on the chart with a blue horizontal box. In his analysis, World of Charts highlighted the blue horizontal zone as a key level to watch. He noted that after Dogecoin breaks out from the horizontal box, he expects it to move above the $0.122 resistance area. Once this happens, he has stated that the meme coin will likely start a move toward the next resistance zone between $0.15 and $0.16. As mentioned earlier, the price range between $0.15 and $0.16 has been identified as a major barrier. If Dogecoin breaks through this area, it could trigger stronger upward momentum. Currently, the meme coin has surpassed the $1.22 mark and is trading above $1.25. Maintaining a position above this level could be the key to reversing its prolonged downtrend. Dogecoin Setup Mirrors Bullish Past Cycle Patterns In a separate analysis, Bitcoinsensus has issued a bullish forecast for Dogecoin, highlighting a recurring pattern on its price chart. According to the X post, Dogecoin’s current price action is mirroring a historical pattern that has preceded massive rallies during the 2014-2017 and 2018-2021 market cycles. Related Reading: Dogecoin RSI Just Entered Historical Oversold Levels Again, Will It Repeat 2021? The pattern begins with an extended consolidation or accumulation phase followed by a sharp parabolic breakout upward. During the 2014-2017 cycle, Dogecoin recorded a massive gain of 5,858.67%, while the 2018-2021 cycle followed a similar trajectory, with prices surging over 21,457.13%. With this pattern now emerging in the current cycle, Bitcoinsensus predicts that Dogecoin will be on the verge of a similarly powerful rally. The projection estimates a potential gain of 3,146.88%, suggesting a possible rise from $0.125 to above $3. Featured image from iStock, chart from Tradingview.com

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Nigeria Police uncover N7.7bn telecom fraud, arrest 6 suspects, recover assets
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Nigeria Police uncover N7.7bn telecom fraud, arrest 6 suspects, recover assets

Nigeria Police Force – National Cybercrime Centre (NPF–NCCC) has uncovered and dismantled a sophisticated cyber-enabled fraud syndicate. Force Public Relations Officer, CSP Benjamin Hundeyin, confirmed this in a statement issued on Wednesday in Abuja. CSP Hundeyin said the syndicate was responsible for the illegal diversion of a telecommunications company’s airtimeThe post Nigeria Police uncover N7.7bn telecom fraud, arrest 6 suspects, recover assets appeared first on National Accord Newspaper.

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eScan confirms update server breached to push malicious update
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eScan confirms update server breached to push malicious update

MicroWorld Technologies, the maker of the eScan antivirus product, has confirmed that one of its update servers was breached and used to distribute an unauthorized update later analyzed as malicious to a small subset of customers earlier this month. [...]

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