Cryptocoins News / The Cointelegraph - 1 year ago
May 2022 was not for the faint-hearted. Even the most embattled and experienced crypto traders were tested in the first two weeks of the month on a brutal drop following the United States Federal Reserve’s announcement that interest rates would be ri...
Cryptocoins News / The Cointelegraph - 1 year ago
China’s pandemic-hit economy needs all the help it can get after a surge in COVID-19 infections triggered mass lockdowns across the country. In an attempt to revive consumption, the southern city of Shenzhen used Beijing’s central bank digital curren...
Cryptocoins News / The Cointelegraph - 1 year ago
Blockchain oracle platform Chainlink has announced the launch of its price feeds on the Solana blockchain. The integration allows decentralized finance (DeFi) developers to use the feeds within their decentralized applications (DApps). In an announce...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) investment vehicles are seeing “gargantuan” inflows this month, which is a fresh sign that traders’ appetite for BTC exposure is mounting.Data from monitoring firm Arcane Research published this week shows that Bitcoin exchange-traded p...
Cryptocoins News / The Cointelegraph - 1 year ago
Terra remained the focus of the majority of headlines throughout May for its spiral collapse leading to a loss of over $40 billion in investors’ money. Despite some early resistance from the community and heavy backlash from the likes of Binance CEO...
Cryptocoins News / The Cointelegraph - 1 year ago
As New York pursues efforts to ban proof-of-work (PoW) crypto mining, the attorney general reminded investors of the risks associated with investing in crypto. In an investor alert published Thursday, New York Attorney General Letitia James said that...
Cryptocoins News / The Cointelegraph - 1 year ago
Japan is moving forward with legislation regarding the issuance of stablecoins, i.e., digital assets with their value pegged to fiat currencies or stabilized by an algorithm. On Friday, Japan’s parliament passed a bill to ban stablecoin issuance by n...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) climbed to fresh local highs overnight into June 3 after United States equities cut losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWall Street provides short-term reliefData from Cointelegraph Markets Pro and TradingV...
Cryptocoins News / The Cointelegraph - 1 year ago
The New York State Senate approved a controversial proof-of-work (PoW) mining ban bill that would prohibit any new Bitcoin (BTC) mining operations in the state.The PoW mining ban bill was first passed by the state assembly in April. It aims to prohib...
Cryptocoins News / The Cointelegraph - 1 year ago
Two out of the top 10 largest cryptocurrency exchanges by volume will expand into new markets, with Crypto.com obtaining a provisional crypto license in Dubai and FTX launching in Japan.Crypto.com announced on Thursday that the Dubai Virtual Assets R...
Cryptocoins News / The Cointelegraph - 1 year ago
Kenyan energy company KenGen has put out a call to Bitcoin (BTC) miners to move nearby and buy its excess renewable power capacity.KenGen claims 86% of its energy is generated from renewable sources, mostly geothermal from pockets of ground source he...
Cryptocoins News / The Cointelegraph - 1 year ago
Lonely hearts in Silicon Valley are reportedly falling prey to a wave of “pig slaughtering” crypto scams via dating applications. An investigator for cybersecurity company Sift found that one in 20 people who approached her on dating apps in San Fran...
Cryptocoins News / The Cointelegraph - 1 year ago
El Salvador’s Finance Minister Alejandro Zelaya has said the country will further delay launching its anticipated billion-dollar Bitcoin (BTC) bond, citing price volatility and uncertain market conditions resulting from the ongoing Russia-Ukrainian w...
Cryptocoins News / The Cointelegraph - 1 year ago
Co-founder of MakerDAO Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan. Across 3,000 words including 35 detailed infographics, Christensen explained that the current model of gover...
Cryptocoins News / The Cointelegraph - 1 year ago
Former United States Securities and Exchange Commission lawyer Alma Angotti says this week’s news about an OpenSea employee being charged with insider trading could open the doors to nonfungible tokens (NFTs) being labeled as securities. On Wednesday...
Cryptocoins News / The Cointelegraph - 1 year ago
Ether’s (ETH) market structure continues to be bearish despite the failed attempt to break the descending channel resistance at $2,000 on May 31. This three-week-long price formation could mean that an eventual retest of the $1,700 support is underwa...
Cryptocoins News / The Cointelegraph - 1 year ago
ForUsAll, a 401(k) retirement provider, filed suit against the United States Department of Labor (DOL) and Martin Walsh as Labor secretary in U.S. District Court in Washington, D.C. on Thursday. The company is seeking the withdrawal of a DOL complian...
Cryptocoins News / The Cointelegraph - 1 year ago
In a May 30 tweet, Ethereum (ETH) core developer Tim Beiko confirmed that the much-anticipated Ropsten testnet trial of the Merge from proof-of-work to proof-of-stake can be expected “around June 8 or so.”Interestingly, Ether's price action is relati...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) bulls may only need a pair of simple moving averages (SMAs) to determine if the bottom is in this halving cycle.In a Twitter thread on June 2, Checkmate, lead on-chain analyst at crypto analytics firm Glassnode, flagged the Investor Too...
Cryptocoins News / The Cointelegraph - 1 year ago
This short-term decline in investments can be correlated to the recent market correction, which made Bitcoin (BTC) and other major cryptocurrencies lose 50% or more of their value.According to new data released by Dove Metrics, total venture capital...
Cryptocoins News / The Cointelegraph - 1 year ago
It's widely accepted that the fate of the cryptocurrency market depends largely on the performance of Bitcoin (BTC), which makes times like these for crypto traders who prefer to invest in altcoins. When BTC price is down, altcoins tend to follow, bu...
Cryptocoins News / The Cointelegraph - 1 year ago
The United States Commodity Futures Trading Commission (CFTC) filed suit against Gemini Trust Co. in the U.S. Southern District Court of New York on Thursday. The CFTC claimed in the civil suit that Gemini made false or misleading statements to the C...
Cryptocoins News / The Cointelegraph - 1 year ago
The United States Commodity Futures Trading Commission (CFTC) filed suit against Gemini Trust Co. in the U.S. Southern District Court of New York on Thursday. The CFTC claimed in the civil suit that Gemini made false or misleading statements to the C...
Cryptocoins News / The Cointelegraph - 1 year ago
Twenty-three agonizing days have passed since Bitcoin (BTC) last closed above $32,000 and the 10% rally that took place on May 29 and 30 is currently evaporating as BTC price retraces toward $30,000. The move back to $30,000 simply confirms the stron...