How to Spot Fake Crypto Tokens After the Robinhood X Hack

This guide offers a quick and simple way to identify potentially fraudulent cryptocurrency tokens, especially when there’s a lot of excitement and little reliable information. We’ll focus on practical steps: where to find important information, what to disregard, and how to avoid investing in tokens you might not be able to trade later.

Record 16.8M BTC Held Long Term as Macro Risks Build

At the time of this report, Bitcoin was trading around $65,400, a slight increase of about 1% for the day. This follows a recent attempt to break past $67,270, which was unsuccessful. That price level, based on Fibonacci retracement analysis, seems to be acting as a barrier to further price increases.