Cryptocurrency Daily Thefoxposts.com

Bitcoin price dipped to a 40-day low of $40,700 on Jan 19, sparking concerns of major liquidations if it loses the $40,000 support.  Since the much-anticipated spot ETF approval verdict, Bitcoin (BTC) has delivered sideways price performance. Another sell-off wave on Jan. 19 saw prices tumble toward $40,000 for the first time since mid-December.  Miners acquired BTC worth $482 million amid market downturn On Jan. 19, Bitcoin price tumbled below $40,700 for the first time in 40 days, having consolidated within the $42,000 to $43,000 range for the better part of the past week. However, on-chain data trends reveal that the bullish miners swooped in to defend the vital $40,000 support level. Cryptoquant’s miner reserve metric shows how many balances are currently held in wallets controlled by recognized mining firms and pools. The chart below shows that Bitcoin miners increased their reserves by 12,058 BTC on Jan. 19 alone.  Bitcoin (BTC) MIners Reserves vs. Price | Source: CryptoQ...

A Western Sydney man was charged for allegedly attempting to import a variety of illicit drugs, purportedly by acquiring them on the deep web with crypto. According to an Aug. 29 Australian Federal Police announcement, the 23-year-old man faced the court on the day of the publication for his alleged attempt to import a number of drugs. Per the announcement, those drugs were acquired through deep web black markets and concealed in a variety of items, including cookware, toy cars and a blackjack set. The investigation began when Australian Border Force (ABF) officers in New South Wales intercepted three packages. The first contained 133 MDMA tablets, 100 oxycodone tablets, and 97 nitazene analogue tablets. The rest held 60g of MDMA, 25g of ketamine, 15g of methamphetamine, and 14g of heroin. Upon discovering these packages, the ABF alerted local law enforcement, leading to the execution of a warrant at the Greenfield Park address where the parcels were intended to be delivered. Durin...