Cryptocoins News / The Cointelegraph - 1 year ago
The Shanghai High People’s Court has issued a document in which it states that Bitcoin is subject to property rights laws and regulations. That finding was made in relation to a lawsuit filed in a district court in October 2020 involving the recovery...
Cryptocoins News / The Cointelegraph - 1 year ago
Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in November 2021. Additional newsflow that added to the current marketwide volatility were the bankruptcy fears that emerged af...
Cryptocoins News / The Cointelegraph - 1 year ago
The United States Senate has confirmed the nomination of Jerome Powell as the chair of the board of governors of the Federal Reserve System until 2026.In an 80–19 landslide vote on the Senate floor on Thursday, U.S. lawmakers confirmed Powell as chai...
Cryptocoins News / The Cointelegraph - 1 year ago
Bad news continues to dominate crypto media headlines and May 12's juiciest tidbit was the unexpected collapse of the Terra ecosystem. In addition to the weakness seen in equities, listed companies with exposure to blockchain startups and cryptocurre...
Cryptocoins News / The Cointelegraph - 1 year ago
XP informed Cointelegraph that XTAGE will launch in Q2 2022 and will be fully integrated into the XP Inc ecosystem — the largest investment brokerage in Brazil with more than 3.5 million clients and $168 billion assets under custody.XP stated that th...
Cryptocoins News / The Cointelegraph - 1 year ago
The Federal Ministry of Finance (BaFin) published a 24-page document on Tuesday outlining clear income tax rules for cryptocurrency and virtual assets. Tax practitioners, businesses and individual taxpayers now have clear direction on the tax require...
Cryptocoins News / The Cointelegraph - 1 year ago
According to United States Treasury Secretary Janet Yellen, the stablecoin market is not at the scale at which the drop in the price of TerraUSD (UST) and Tether (USDT) below $1 would present a threat to the country’s financial stability.In a Thursda...
Cryptocoins News / The Cointelegraph - 1 year ago
According to United States Treasury Secretary Janet Yellen, the stablecoin market is not at the scale at which the drop in the price of TerraUSD (UST) and Tether (USDT) below $1 would present a threat to the country’s financial stability.In a Thursda...
Cryptocoins News / The Cointelegraph - 1 year ago
Investors were surprised by Bitcoin (BTC) price falling to $25,500 on May 12, and this shock extended to options traders. The strong correction was not restricted to cryptocurrencies and some large-cap stocks faced 25% or heavier weekly losses in the...
Cryptocoins News / The Cointelegraph - 1 year ago
Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting interest rate hikes. That could happen in the next couple of months, according to Pal's predictions. “Th...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) bulls demanded a rematch of $30,000 later on May 12 as the market recovered from its lowest levels since late 2020.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDXY looms large as BTC recoversData from Cointelegraph Markets...
Cryptocoins News / The Cointelegraph - 1 year ago
Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks following the severe devaluation of the network’s LUNA token. Terraform Labs' official Twitter handle co...
Cryptocoins News / The Cointelegraph - 1 year ago
Regulatory attitudes toward crypto are constantly evolving, often at a slower pace than the crypto industry itself. Institutions and the broader public will not seriously consider working with cryptocurrencies without clear and comprehensive regulati...
Cryptocoins News / The Cointelegraph - 1 year ago
Major crypto exchange Binance announced it will be delisting its Tether (USDT)-margined Terra (LUNA) futures contracts following a more than 99% drop in price.In a Thursday blog post, Binance said it would be taking “precautionary measures” around it...
Cryptocoins News / The Cointelegraph - 1 year ago
Dogecoin (DOGE) shows the prospect of undergoing a strong price rebound after reaching a technical support confluence on May 12.DOGE price 25% bounce incoming?DOGE's 45% price drop to $0.065 this week, or a 90% decline from its record high of $0.76 a...
Cryptocoins News / The Cointelegraph - 1 year ago
Chainalysis, a blockchain analytics provider, has announced its $170 million Series F funding round. The fresh funding succeeded its $100 million raise back in June 2021 and more than doubly exceeded its valuation of $4.2 billion at the same time.The...
Cryptocoins News / The Cointelegraph - 1 year ago
Decentralized blockchain technology has been around for a relatively short period of time, in the grand scheme of things, but its decentralized nature has the power to keep data and information out of the hands of censors looking to create a “safe” a...
Cryptocoins News / The Cointelegraph - 1 year ago
Update on 13 May at 09:49 UTC - Paolo Ardoino, CTO of Tether and Bitfinex tweeted that Tether has cut some holdings of commercial paper. In the accompanying news article, Ardoino explained that the majority of Tether's reserves are now in U.S. Treasu...
Cryptocoins News / The Cointelegraph - 1 year ago
The queen of pop has collaborated with record-setting artist Beeple to create a series called Mother of Creation, which includes three nonfungible tokens (NFTs) titled Mother of Technology, Mother of Nature and Mother of Evolution. The NFTs show a 3D...
Cryptocoins News / The Cointelegraph - 1 year ago
ApeCoin (APE) has undergone a sharp recovery after falling to its lowest level in two months. But its strong correlation with Bitcoin (BTC) and U.S. equities amid macro risks suggests more losses could be in store.APE rebounds after 80% losses in two...
Cryptocoins News / The Cointelegraph - 1 year ago
Despite the growing adoption of various cryptocurrency exchange-traded funds (ETFs) all over the world, the global trading community continues to ask one question: When will a spot Bitcoin (BTC) ETF go live in the United States?According to some ETF...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum’s native token Ether (ETH) plunged to its lowest level in almost two months against Bitcoin (BTC) as a crypto market sell-off intensified on May 12.Macro headwinds catch up to ETH/BTC finallyThe ETH/BTC trading pair fell by 7.5% to 0.0663 in...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum’s native token, Ether (ETH), plunged to its lowest level in almost two months against Bitcoin (BTC) as a crypto market sell-off intensified on May 12.Macro headwinds catch up to ETH/BTC finallyThe ETH/BTC trading pair fell by 7.5% to 0.0663...
Cryptocoins News / The Cointelegraph - 1 year ago
Following recent developments in the sphere of stablecoins, Tether (USDT) has announced that it’s coordinating a chain swap to transfer USDT assets from Tron’s TRC-20 to Ethereum and Avalanche’s blockchain. In a tweet, Tether said that 1 billion USDT...
Cryptocoins News / The Cointelegraph - 1 year ago
PancakeSwap, the decentralized finance (DeFi) application built on Binance Smart Chain, synonymous with its automated market maker (AMM) service and its quirky branding style, has released a governance proposal for the second iteration of its tokenom...