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Showing posts from July, 2022

Bitcoin price rejects at $24K as 'classic short setup' spoils bulls' fun

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$24,000 BTC price refuses to flip to support while the weekly close remains shrouded in uncertainty. from Cointelegraph.com News https://ift.tt/GekuP73 via IFTTT

Crypto contagion deters investors in near term, but fundamentals stay strong

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Many experts believe that the recent slew of insolvencies may be good for the market in the long run, weeding out any weak players from the industry. from Cointelegraph.com News https://ift.tt/3kf5FhC via IFTTT

Blockchain technology can help create safe and inclusive adult platforms

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The adult entertainment industry is known to be one of the first to try new technologies, and the blockchain seems to be the next on the list. from Cointelegraph.com News https://ift.tt/P6ajgvY via IFTTT

Ethereum chain split is possible after the Merge, survey finds — But will ETC price keep climbing?

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Ethereum Classic is a relatively smaller PoW chain compared to Ethereum in terms of usage and hash rate. from Cointelegraph.com News https://ift.tt/YKrPhgb via IFTTT

New social apps want to help Bitcoiners connect in real life

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Bitcoin meetups have been around for years, but now there are companies helping Bitcoiners to meet and even find love “IRL.” from Cointelegraph.com News https://ift.tt/Xrsxz7m via IFTTT

Ethereum Merge: How will the PoS transition impact the ETH ecosystem?

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Ethereum is all set to transition to PoS by the third week of September, but most of the promised scalability features will only be available after 2023. from Cointelegraph.com News https://ift.tt/RmjFzW4 via IFTTT

What happens when 21 million Bitcoin are fully mined? Expert answers

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Mining expert Mohamed El Masri predicts that Bitcoin will be worth around $430,500 when the last coin is minted. from Cointelegraph.com News https://ift.tt/2Jok8bA via IFTTT

Semantics? Analysts unpack 'technical recession' as crypto markets recover

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Cryptocurrency market analysts unpack the ramifications of consecutive quarters of negative GDP growth in America. from Cointelegraph.com News https://ift.tt/B1n9pF3 via IFTTT

Pat Toomey blames the SEC for crypto lending platform crisis

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A crypto-friendly legislator believes the SEC's regulation-by-enforcement approach to be ineffective. from Cointelegraph.com News https://ift.tt/Ht3RPiQ via IFTTT

Marriages and court cases can be held in the Metaverse

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Singapore’s Second Minister for Law believes an integrated platform using the Metaverse will make the dispute resolution process more convenient and efficient. from Cointelegraph.com News https://ift.tt/kD5jRFr via IFTTT

Professional soccer club Crawley Town FC signs midfielder after NFT vote

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The June 15 vote took place for verified NFTs hodlers via a temporary Discord channel. from Cointelegraph.com News https://ift.tt/BMUwnZK via IFTTT

Fed demands Voyager remove ‘false’ claims deposits are FDIC insured

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The Fed and FDIC allege that Voyager “made various representations online” that its funds were FDIC insured. from Cointelegraph.com News https://ift.tt/j3kuDqY via IFTTT

Argentinean soccer club welcomes first crypto signing amid economic downturn

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As the exchange rate gap between the US dollar and Argentinean pesos worsens, so does the possibility for Argentine footballers to get signed by international teams. from Cointelegraph.com News https://ift.tt/v17GZXJ via IFTTT

Pat Toomey blames the SEC for crypto lending platform crisis

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A crypto-friendly legislator believes the Commission's regulation-by-enforcement approach to be ineffective. from Cointelegraph.com News https://ift.tt/Ht3RPiQ via IFTTT

Marriages and court cases can be held in the Metaverse

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Singapore’s Second Minister for Law believes an integrated platform using the Metaverse will make the dispute resolution process more convenient and efficient. from Cointelegraph.com News https://ift.tt/kD5jRFr via IFTTT

Professional soccer club Crawley Town FC signs midfielder after NFT vote

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The June 15 vote took place for verified NFTs hodlers via a temporary Discord channel. from Cointelegraph.com News https://ift.tt/BMUwnZK via IFTTT

Fed demands Voyager remove ‘false’ claims deposits are FDIC insured

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The Fed and FDIC allege that Voyager “made various representations online” that its funds were FDIC insured. from Cointelegraph.com News https://ift.tt/oJu8Ssj via IFTTT

Phishing risks escalate as Celsius confirms client emails leaked

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It is not the first time Celsius' customer emails have been exploited and leaked online. from Cointelegraph.com News https://ift.tt/t6wYmfS via IFTTT

Critic of Bitcoin’s ‘one-percenters’ still positive about future of digital assets

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A financial professor is skeptical about Bitcoin's design but is still very much involved in crypto research and is bullish about the future of digital assets. from Cointelegraph.com News https://ift.tt/roiwUfv via IFTTT

Critique on Helium’s $6.5K monthly revenue causes a stir

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The “complete lack of end-user demand for Helium should not have come as a surprise,” noted Web3 critic Liron Shapira. from Cointelegraph.com News https://ift.tt/bYjUoI1 via IFTTT

Experts yet to explain massive spike in ETH active addresses

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The sudden dramatic spike in active addresses on the network has left many guessing about the cause. from Cointelegraph.com News https://ift.tt/e5EGd8a via IFTTT

Japan’s crypto groups call for end of taxing paper gains

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Danny Talwar from crypto tax platform Koinly said Japan's regulatory environment makes it difficult for businesses and individual investors to hold digital assets in Japan. from Cointelegraph.com News https://ift.tt/NlAOUS8 via IFTTT

Up in smoke: Artist Damien Hirst to burn 4,851 paintings in NFT project

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Almost half of the buyers of Hirst’s “The Currency” collection wanted to keep the NFT version. from Cointelegraph.com News https://ift.tt/u5NZYTf via IFTTT

'Bullish rate hike' — Why crypto spiked today in the face of bad news

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The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets. from Cointelegraph.com News https://ift.tt/Zm9RAMK via IFTTT

‘Game yet to begin’ for security token offerings, INX exec says

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The current crypto bear market had no direct impact on the STO platform INX because STOs are “very different from others in the space.” from Cointelegraph.com News https://ift.tt/TMtvGYR via IFTTT

Crypto ATM market value to hit $472 million by 2027 per new data

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Market research forecasts the global cryptocurrency ATM market to be worth $472 million by 2027, driven by growth in developing markets and growing adoption. from Cointelegraph.com News https://ift.tt/E8iroRJ via IFTTT

Bitcoin heads into FOMC day on 24-hour highs amid concern over $24.3K top

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The Fed keeps markets on their toes while Bitcoin price action manages to inch higher prior to the Wall Street open. from Cointelegraph.com News https://ift.tt/QxJP8iI via IFTTT

KuCoin CEO Johnny Lyu launches 'Anti-FUD Fund'

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The exchange’s Anti-FUD Fund comes shortly after KuCoin CEO Johnny Lyu’s spat with a whistleblower who claimed the exchange was insolvent. from Cointelegraph.com News https://ift.tt/xbYU0El via IFTTT

Backlash as Harmony proposes minting 4.97B tokens to reimburse victims

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Under the proposal, there would be either a 100% reimbursement via 4.97 billion new ONE tokens, or a 50% reimbursement with 2.48 billion ONE tokens. from Cointelegraph.com News https://ift.tt/dMP1NsH via IFTTT

‘Cryptojacking’ rises 30% to record highs despite crypto slump: Report

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Cryptojacking has become a lucrative choice for cybercriminals as many victims are unaware they have been compromised. from Cointelegraph.com News https://ift.tt/Vi5Wmjp via IFTTT

‘Extreme demand’ for BTC at $20K creating new support levels: Glassnode

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The latest analysis by Glassnode suggests that the worst of the sell-offs could be concluded, but the market still needs time to recover. from Cointelegraph.com News https://ift.tt/9F8sxVY via IFTTT

Binance CEO sues Bloomberg subsidiary alleging defamation

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A Bloomberg article was republished by its Chinese subsidiary using the title “Zhao Changpeng’s Ponzi Scheme.” from Cointelegraph.com News https://ift.tt/6NYxpaQ via IFTTT

Investors shifting toward lower-risk crypto yields — Block Earner GM

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The Australian fintech company has seen a surge in investors wanting a “less risky version” of double-digit crypto returns. from Cointelegraph.com News https://ift.tt/lq5T3XG via IFTTT

Moelis & Co. co-founder to head new blockchain advisory unit

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Moelis & Co.’s John Momtazee stated the firm was unfazed in launching the group amid a crypto bear market, acknowledging that any new “disruptive” tech comes with volatility. from Cointelegraph.com News https://ift.tt/krMZD6f via IFTTT

LidoDAO says no to selling $14.5M in LDO tokens to Dragonfly Capital

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The proposal aimed to secure a two-year runway for LidoDAO to carry out its functions in the Lido Finance protocol without worrying about further fundraising. from Cointelegraph.com News https://ift.tt/Oz7T0GC via IFTTT

Square Enix partners with Enjin to launch Final Fantasy VII collectibles

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Fans can pre-order Final Fantasy VII’s 25th-anniversary figures at the Square Enix store, while the digital collectibles will be available in 2030. from Cointelegraph.com News https://ift.tt/7iy3Gkp via IFTTT

Voyager rejects Alameda buyout offer as it 'harms customers'

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The buyout proposal from Alameda and FTX seems to have upset Voyager’s lawyers, who do not see the offer as a serious one that would benefit its users. from Cointelegraph.com News https://ift.tt/IfoMJBF via IFTTT

Top 5 cryptocurrencies to watch this week: BTC, ETH, BCH, AXS, EOS

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If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength. from Cointelegraph.com News https://ift.tt/R5PGmIJ via IFTTT

The Merge is Ethereum’s chance to take over Bitcoin, researcher says

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Ethereum's imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin. from Cointelegraph.com News https://ift.tt/JKclSaI via IFTTT

Axie Infinity is painting a giant bearish pattern — will AXS price crash another 95%?

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Axie's monthly revenue has dropped over 98% from its August 2021 peak of $364.4 million. from Cointelegraph.com News https://ift.tt/CA7jcq5 via IFTTT

6 Questions for Pat Duffy of The Giving Block

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from Cointelegraph.com News https://ift.tt/msJ9d0g via IFTTT

Bitcoin must close above $21.9K to avoid fresh BTC price crash — trader

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Traders paint clear cut-off points for Bitcoin price action as the week draws to an end near crucial moving averages. from Cointelegraph.com News https://ift.tt/Z1PhJQx via IFTTT

Hacker drains $1.08M from Audius following passing of malicious proposal

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A malicious proposal (Proposal #85) requesting the transfer of 18 million Audius’ in-house AUDIO tokens worth nearly $6 million was approved by community voting. from Cointelegraph.com News https://ift.tt/phPaVsf via IFTTT

NFTs banned in Minecraft, SEC lists 9 tokens as securities and 3AC founder blames cockiness for company meltdown: Hodler’s Digest, July 17-23

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from Cointelegraph.com News https://ift.tt/M05Zryb via IFTTT

Ethereum price 'cup and handle' pattern hints at potential breakout versus Bitcoin

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Ether has printed a classic bullish reversal pattern against Bitcoin weeks before the Merge launch date. from Cointelegraph.com News https://ift.tt/PeGZKNn via IFTTT

Not just Bitcoin price: Factors affecting BTC miner profitability

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As many crypto holders are gearing up for a bear market, what are the factors influencing the mining business? from Cointelegraph.com News https://ift.tt/SiRKY07 via IFTTT

Proof-of-time vs proof-of-stake: How the two algorithms compare

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Blockchains use consensus algorithms to choose who gets to verify transactions on the network — what are the differences between the two? from Cointelegraph.com News https://ift.tt/uBcOdnR via IFTTT

Fans seek trust and better understanding of sports NFT market: Research

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The prolonged crypto winter razed off the inflated floor prices across the NFT ecosystem, inadvertently changing investor sentiment and forcing users to rethink their long-term investment strategies. from Cointelegraph.com News https://ift.tt/9e3HXp5 via IFTTT

Minecraft ban ‘hypocritical’ and NFTs are inclusive: Animoca’s Yat Siu

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“They did not cite evidence, they didn’t even correctly point out what NFTs are, nor did they talk to NFT Worlds,” noted Animoca Brands co-founder Yat Siu. from Cointelegraph.com News https://ift.tt/Hk82ydM via IFTTT

Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery

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The reduced difficulty allows Bitcoin miners to confirm transactions using lower resources, enabling smaller miners a fighting chance to earn the mining rewards. from Cointelegraph.com News https://ift.tt/Q8qKJZp via IFTTT