Cryptocoins News / The Cointelegraph - 1 year ago
Like clockwork, the onset of a crypto bear market has brought out the “Bitcoin is dead” crowd who gleefully proclaim the end of the largest cryptocurrency by market capitalization.
The past few months have indeed been painful for investors, and the p...
Cryptocoins News / The Cointelegraph - 1 year ago
4. Investors divide a large order into several small pieces and place them on the market 1:1. When investors want to buy or sell large quantities of crypto, they use iceberg orders. They want to trade but don’t want to upset the market...
Cryptocoins News / The Cointelegraph - 1 year ago
The price of Ethereum’s native token Ether (ETH) careened below $1,000 on June 18 as the ongoing sell-off in the crypto market continued into the weekend.Ether reached $975, its lowest level since January 2021, losing 80% of its value from its record...
Cryptocoins News / The Cointelegraph - 1 year ago
The bright orange Bitcoin (BTC) logo, for over a decade, has become synonymous with financial freedom amid modern-day recession and stringent governmental oversight. However, unlike the mysteries tied to Bitcoin’s origin, the development of the Bitco...
Cryptocoins News / The Cointelegraph - 1 year ago
After Norway and Liechtenstein, Ukraine became the third country outside the European Union to join the European Blockchain Partnership (EBP), an initiative derived by 27 member states to deliver cross-border public services.The Ministry of Digital T...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) achieved a bear market first on June 18 as BTC price action gave up $20,000 support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price crosses under 2017 all-time highData from Cointelegraph Markets Pro and TradingView...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) achieved a bear market first on June 18 as BTC price action gave up $20,000 support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price crosses under 2017 all-time highData from Cointelegraph Markets Pro and TradingView...
Cryptocoins News / The Cointelegraph - 1 year ago
Magic Internet Money (MIM), a US dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens losing their $1 value amid an untimely crypto winter. The sudden de-pegging of the MIM token commenced roughly on June 17, 7:40 p...
Cryptocoins News / The Cointelegraph - 1 year ago
Magic Internet Money (MIM), a United States dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens losing their $1 value amid an untimely crypto winter. The sudden de-pegging of MIM commenced roughly on Frid, 7:40 pm...
Cryptocoins News / The Cointelegraph - 1 year ago
A class-action suit was filed against Coinbase on Thursday claiming the trading platform was negligent in its listing of the TerraUSD stablecoin and alleging that it failed to disclose its financial relationship with Terraform Labs. This is the secon...
Cryptocoins News / The Cointelegraph - 1 year ago
A class-action suit was filed against Coinbase on Thursday, claiming the trading platform was negligent in its listing of the TerraUSD Classic (USTC) stablecoin and alleging that it failed to disclose its financial relationship with Terraform Labs. T...
Cryptocoins News / The Cointelegraph - 1 year ago
The Federal Reserve’s board of governors pointed to stablecoins as a potential risk to financial stability amid a volatile crypto market.In its Monetary Policy Report released on Friday, the board of governors of the Federal Reserve System said “the...
Cryptocoins News / The Cointelegraph - 1 year ago
The bull market is gone and the reality of a long crypto winter is surely giving traders a bad case of the shivers. Bitcoin’s (BTC) price has fallen to lows not even the bears expected, and some investors are likely scratching their heads and wonderi...
Cryptocoins News / The Cointelegraph - 1 year ago
The 2022 version of crypto winter has been unlike anything we’ve seen before. As I warned last month, the meltdown of the Terra ecosystem didn’t end with Luna Classic (LUNC) hitting zero. The biggest threat was contagion. As the dust began to settle,...
Cryptocoins News / The Cointelegraph - 1 year ago
This past week, the decentralized finance (DeFi) ecosystem faced the brunt of the bears fueled by liquidation rumors of Three Arrow Capital (3AC) and Celsius liquidations. MakerDAO decided to cut off Aave (AAVE) from its direct deposit module as a s...
Cryptocoins News / The Cointelegraph - 1 year ago
The total crypto market capitalization fell off a cliff between June 10 and 13 as it broke below $1 trillion for the first time since January 2021. Bitcoin (BTC) fell by 28% within a week and Ether (ETH) faced an agonizing 34.5% correction.Total cryp...
Cryptocoins News / The Cointelegraph - 1 year ago
United States Senator Bill Hagerty has sent a letter, cosigned by four other Republican senators, to Securities and Exchange (SEC) Commission chair Gary Gensler urging the withdrawal of a staff accounting bulletin, referred to as SAB 121, issued by t...
Cryptocoins News / The Cointelegraph - 1 year ago
Many in the crypto world have been glued to their screens with eyes dead set on financial conditions this week. That isn’t the case for everyone though, as thousands are suddenly experiencing thewoes of sudden unemployment.Words of encouragement and...
Cryptocoins News / The Cointelegraph - 1 year ago
The sharp fall in cryptocurrencies has pulled the total crypto market capitalization below $900 billion. According to CoinGoLive, 72 out of the top 100 tokens have declined in excess of 90% from their all-time highs. In comparison, the top-10 coins h...
Cryptocoins News / The Cointelegraph - 1 year ago
Ether (ETH) price is down 37.5% in the last seven days and recent news reported that developers decided to postpone the network's migration to a proof-of-stake (PoS) consensus. This upgrade is expected to end the dependency on proof-of-work (PoW) min...
Cryptocoins News / The Cointelegraph - 1 year ago
A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits of crypto mining.In a Thursday letter, many U.S. lawmakers including pro-Bitcoin S...
Cryptocoins News / The Cointelegraph - 1 year ago
Ripple (XRP) price stares at potential losses in the coming weeks as it breaks out of a "descending triangle" pattern, with its bias skewed toward the downside.Major XRP breakdown underwayTo recap, XRP started forming the technical structure after re...
Cryptocoins News / The Cointelegraph - 1 year ago
The Russian government continues to establish links with major players in the cryptocurrency mining industry despite staying skeptical about legalizing cryptocurrency trading and payments.Russia’s state-owned gas giant Gazprom Neft has entered into a...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto-focused hedge fund and venture capital firm Three Arrows Capital is considering the sale of remaining assets and even a bailout as it grapples with the prospect of insolvency in the wake of a violent collapse in digital asset markets. The firm...
Cryptocoins News / The Cointelegraph - 1 year ago
Cryptocurrency derivatives exchange FTX has entered into an agreement to purchase Canadian crypto platform Bitvo.In a Friday announcement, FTX Trading Limited said it planned to acquire Bitvo as part of the crypto exchange’s effort to offer its produ...