Cryptocoins News / The Cointelegraph - 1 year ago
Diamonds are some of the world’s most valued gemstones, and the global diamond industry has managed to remain afloat despite being partially eclipsed by the emergence of modern stocks and novel virtual assets.The diamond industry, however, appears to...
Cryptocoins News / The Cointelegraph - 1 year ago
The European Central Bank (ECB) continues pushing its central bank digital currency (CBDC) project despite Europeans apparently not feeling too positive about a digital euro.The ECB released another working paper on the digital euro, providing an ext...
Cryptocoins News / The Cointelegraph - 1 year ago
Cardano (ADA) pared a big portion of the weekly losses incurred during this week's crypto market rout. ADA's price reached an intraday high of $0.60 on May 13, a day after rebounding from its week-to-date low of $0.38 — a 58% rally. The huge upside r...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) descending to $24,000 has cost its largest institutional investment vehicle more than the average hodler.According to data from on-chain monitoring resource Coinglass on May 13, the Grayscale Bitcoin Trust (GBTC) is now trading at a nea...
Cryptocoins News / The Cointelegraph - 1 year ago
There’s Nor-way they can ban Bitcoin (BTC) mining in Norway now. That’s according to a majority vote passed by the Norwegian parliament on Tuesday.The proposal to ban Bitcoin mining in Norway was first suggested in March this year by the Red Party (N...
Cryptocoins News / The Cointelegraph - 1 year ago
The European Central Bank (ECB) is planning to launch a prototype of the digital euro in 2023. In the next five years, Europe could have its own central bank digital currency (CBDC) up and running. However, there are still many questions surrounding...
Cryptocoins News / The Cointelegraph - 1 year ago
GAM Investments has quashed fake news reports that surfaced on Friday that claimed the Swiss asset manager would invest some $3 billion to aid in the recovery of the Terra ecosystem, including LUNA and the TerraUSD (UST) stablecoin. An announcement p...
Cryptocoins News / The Cointelegraph - 1 year ago
The recent crashes in stock and cryptocurrency markets have provided yet another chance to observe the better return opportunities of crypto versus stocks, according to several industry executives.This week, the crypto market saw one of its biggest s...
Cryptocoins News / The Cointelegraph - 1 year ago
Emirates, the largest airline in the United Arab Emirates (UAE), announced that it has plans to implement Bitcoin (BTC) payments and launch nonfungible tokens (NFTs) to be traded through the company's websites. In a media gathering held at the Arabia...
Cryptocoins News / The Cointelegraph - 1 year ago
Global cryptocurrency exchange Binance has suspended trading pairs with Terra (LUNA) ecosystem's cryptocurrencies, LUNA and TerraUSD (UST), on its platform following the major crash of the algorithmic stablecoin.Binance confirmed the move on May 13,...
Cryptocoins News / The Cointelegraph - 1 year ago
The seemingly endless freefall of Terra (LUNA) affected two decentralized finance (DeFi) protocols due to a price discrepancy, as the Chainlink price feed for LUNA gets suspended over extreme market conditions. Avalanche-based liquidity protocol Bliz...
Cryptocoins News / The Cointelegraph - 1 year ago
Terra (LUNA), the in-house token of Blockchain protocol Terra, is undergoing major changes which are causing intrigue and despair in equal measure.Data released on May 13 confirms that overnight, the embattled cryptocurrency’s supply expanded to an e...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) came back with a vengeance on May 13 as bulls stepped in to take the market to near $31,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin RSI stays firmly oversoldData from Cointelegraph Markets Pro and TradingView ...
Cryptocoins News / The Cointelegraph - 1 year ago
In light of recent market effects due to the collapse of the TerraUSD (UST) stablecoin, several questions should be answered about what makes a stablecoin usable as the crypto market expands.Co-founder of crypto financial service provider VegaX Holdi...
Cryptocoins News / The Cointelegraph - 1 year ago
Commissioner Hester Peirce — also known as the United States Securities and Exchange Commission’s (SEC) “crypto mom” — has backed a regulatory framework for stablecoins that allows “room for there to be failure.”Speaking at an online panel on Thursda...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum co-founder Vitalik Buterin has donated $4 million worth of USD Coin (USDC) to the University of New South Wales (UNSW) to support the development of a pandemic detection tool.The capital, which equates to roughly $5.3 million Aussie dollars,...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum co-founder Vitalik Buterin has donated $4 million worth of USD Coin (USDC) to the University of New South Wales (UNSW) to support the development of a pandemic detection tool.The capital, which equates to roughly 5.3 million Australian dolla...
Cryptocoins News / The Cointelegraph - 1 year ago
Colin Miles, the newly-appointed CEO of TZ APAC, expects blockchain and Web3 curricula to start becoming an integral part of secondary and tertiary education within the next three to five years. “I would think it’s that classic medium-term, three-to-...
Cryptocoins News / The Cointelegraph - 1 year ago
Sam Bankman-Fried, the billionaire founder and CEO of cryptocurrency exchange FTX, has acquired a substantial 7.6% stake in the popular online brokerage, Robinhood. The news was well-received by the market, with Robinhood’s stock price initially soar...
Cryptocoins News / The Cointelegraph - 1 year ago
Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApps) built on the Near protocol, has launched a token fund worth $90 million. The fund was launched today in partnership with Proximity Labs and will be focused...
Cryptocoins News / The Cointelegraph - 1 year ago
There has been a spate of “crypto muggings” in London recently, with thieves threatening crypto holders with violence unless they transfer over their digital currencies held in mobile phone wallets or on crypto exchanges.As detailed by The Guardian U...
Cryptocoins News / The Cointelegraph - 1 year ago
The price of Coinbase’s junk bonds are tanking amid an underwhelming performance in Q1 and fears over what could happen in the event of a bankruptcy. According to bond trading data from Trace Bonds, both of Coinbase’s junk bond offerings have dropped...
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto market experienced another day of pain on May 12 as the fallout from the Terra's LUNA and UST failure continues to ripple across the ecosystem.While the coverage for UST and its impact on Bitcoin (BTC) have been extensively covered over th...
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto market experienced another day of pain on May 12 as the fallout from the Terra's LUNA and UST failure continues to ripple across the ecosystem.While the coverage for UST and its impact on Bitcoin (BTC) have been extensively covered over th...
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto market experienced another day of pain on May 12 as the fallout from Terra (LUNA) and TerraUSD (UST) failure continue to ripple across the ecosystem.While the coverage for UST and its impact on Bitcoin (BTC) have been extensively covered o...