Cryptocoins News / The Cointelegraph - 1 year ago
Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total market cap dropping below $1 trillion on Monday.Since launching its software crypto wallet back in 2015, Exodu...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) came within $1,000 of its previous cycle all-time highs on June 14 as liquidations mounted across crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price hits 18-month lowsData from Cointelegraph Markets...
Cryptocoins News / The Cointelegraph - 1 year ago
Chris Laurent, the founder of the popular-digital horse racing game ZED RUN, envisions a future where people will spend their free time developing their own unique narratives within the Metaverse. This virtual world will contain a mix of gaming, ente...
Cryptocoins News / The Cointelegraph - 1 year ago
New York City’s Mayor Eric Adams spoke out on Monday against a bill just one step away from effectively banning Bitcoin mining in the state for the next two years.The bill is designed to place a two-year moratorium on proof-of-work (PoW) crypto miner...
Cryptocoins News / The Cointelegraph - 1 year ago
Nonfungible token (NFT) trading volume has surged over the past 24 hours as crypto markets tank taking floor prices of many top NFT collections along with it.A long list of top NFT projects such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (...
Cryptocoins News / The Cointelegraph - 1 year ago
Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity, according to blockchain forensics firm CipherTrace.The cryptocurrency industry has long held a reputation in some jurisdict...
Cryptocoins News / The Cointelegraph - 1 year ago
As the struggle for regulatory clarity down under rages on, Binance Australia’s CEO Leigh Travers thinks that such a framework will prove the crypto industry “holds itself to a higher standard” than many believe.Travers spoke with Cointelegraph on Tu...
Cryptocoins News / The Cointelegraph - 1 year ago
Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully, bulldoze, and bankrupt” crypto innovation in the U.S. in the name of expanding its own regulatory territory:“By bringing...
Cryptocoins News / The Cointelegraph - 1 year ago
Institutional investors offloaded $101.5 million worth of digital asset products last week in “anticipation of hawkish monetary policy” from the United States Federal Reserve, according to CoinShares.U.S. inflation rates hit 8.6% year-on-year at the...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin's (BTC) month-long choppy price action came to an end on June 13 after a deep market sell-off pressed the top cryptocurrency under the $29,000 support. The move took place as equities markets also sold off sharply, hitting their lowest levels...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto traders and investors started out the week with a major shock to the markets. As assets across the blockchain industry went into a collective dive on Monday, users took to Twitter to voice their dismay (or in some cases jubilation) with the cu...
Cryptocoins News / The Cointelegraph - 1 year ago
Researchers at the federally funded Lawrence Livermore National Laboratory in California have combined statistical mechanics and information theory to design a class of stablecoin dubbed the Electricity Stablecoin (E-Stablecoin) that would transmit e...
Cryptocoins News / The Cointelegraph - 1 year ago
One of the largest public universities in the United States by enrollment may be planning to launch virtual classes in the Metaverse in the future. According to records submitted to the United States Patent and Trademark Office, or USPTO, on June 7 a...
Cryptocoins News / The Cointelegraph - 1 year ago
On June 13, cryptocurrency prices plunged deeper into bear market territory after Bitcoin (BTC) sliced through its current trading range and briefly touched $22,600, its lowest level se since December 2020.According to BTC historical data, the market...
Cryptocoins News / The Cointelegraph - 1 year ago
One can hardly name a document more long-hoped-for as the crypto bill, co-sponsored by United States Senators Cynthia Lummis of Wyoming and Kirsten Gillibrand of New York, was for the crypto community. And, it’s finally here. Last week, Lummis and Gi...
Cryptocoins News / The Cointelegraph - 1 year ago
The United States equities markets extended their decline to start the week on June 13. The S&P 500 hit a new year-to-date low and dipped into bear market territory, falling more than 20% from its all-time high made on Jan. 4. The cryptocurrency...
Cryptocoins News / The Cointelegraph - 1 year ago
It appears there is no respite anywhere in the crypto realm in the face of Monday's extraordinary market sell-off. Based on data from NFT Price Floor, the floor prices for Bored Ape Yacht Club (BAYC) and CryptoPunks, two of the most popular nonfungib...
Cryptocoins News / The Cointelegraph - 1 year ago
Major crypto exchange Binance has announced that it had resumed Bitcoin withdrawals after more than three hours amid extreme market volatility. In an update during what many are calling cryptocurrency’s "Black Monday," Binance said on its website the...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) lost the $28,000 support on June 12 following worsening macroeconomic conditions. The United States Treasury 2-year note yield closed on June 10 at 3.10%, its highest level since December 2007. This shows that traders are demanding high...
Cryptocoins News / The Cointelegraph - 1 year ago
On Monday, a heavy cryptocurrency sell-off in the markets caused significant ripples for projects and entities alike. On popular decentralized finance, or DeFi, lending protocol Aave (AAVE), utilization rates have fallen across nearly all stablecoin...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum's native token Ether (ETH) fell to as low as $950 on Uniswap—a decentralized crypto exchange— this June 13, about 20% lower than its spot rate across other exchanges.ETH/USD hourly price chart. Source: UniswapOver $130M ETH sold in six hours...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) is trading at its lowest since mid-December 2020 on June 13, but the bottom could be anywhere.As the weekend sell-off intensifies, BTC/USD has now broken below its realized price for the first time since March 2020, data from Cointelegr...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum is plagued with criticisms of its less than optimal scaling capabilities and high gas prices. There have been talks about increasing the scaling capacity of the Ethereum mainnet for a while now. However, the Ethereum ecosystem needs a soluti...
Cryptocoins News / The Cointelegraph - 1 year ago
Usually, bear markets bring about a feeling of uncertainty in any investor. Even more so for a newcomer, for whom it can feel like the end of the world. It may even be common knowledge that during bull cycles, investors are sure of making gains. Wher...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto’s Black Monday continues to wreak havoc. Changpeng “CZ” Zhao, CEO of crypto exchange Binance, tweeted that there would be a temporary pause on Bitcoin (BTC) withdrawals.
CZ, who often lends his opinion on projects and the market, regularly twe...