Cryptocoins News / The Cointelegraph - 1 year ago
Townsquare Media, a New York-based digital marketing and radio station company, is the latest business to back the original cryptocurrency with its addition of $5 million worth of Bitcoin (BTC) to its balance sheet.A filing with the United States Sec...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto derivatives trading platform dYdX has officially launched an app via Apple’s iOS store, joining just a select number of fellow decentralized finance (DeFi) protocols that have built apps for smartphone adoption. According to Tuesday’s announce...
Cryptocoins News / The Cointelegraph - 1 year ago
The Flow ecosystem is set to get a boost in support from a new $725 million fund that will be used to invest in the growth of the nonfungible token network.Flow (FLOW) is a layer-1 blockchain developed by Dapper Labs and purpose-made for nonfungible...
Cryptocoins News / The Cointelegraph - 1 year ago
Cryptocurrency exchange Coinbase has disclosed its first net loss as a public company of $430 million in Q1, but CEO Brian Armstrong said on an earnings call that he’s “never been more bullish on where we are as a company.”In its first-quarter 2022 r...
Cryptocoins News / The Cointelegraph - 1 year ago
A group of eight organizations focused on the environment have called on different government agencies under the Biden administration to implement new approaches in response to proof-of-work (PoW) and other crypto mining operations.In a letter to the...
Cryptocoins News / The Cointelegraph - 1 year ago
The similarity in price action between the crypto and traditional financial markets remains quite strong on May 10 as traders enjoyed a relief bounce across asset classes following the May 9 rout, which saw Bitcoin (BTC) briefly dip to $29,730.Market...
Cryptocoins News / The Cointelegraph - 1 year ago
MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call on Bitcoin-backed loans.The American business intelligence and software giant made headlines in 2021 with a num...
Cryptocoins News / The Cointelegraph - 1 year ago
The United States Federal Reserve Board released its semiannual Financial Stability Report on Monday. The report points to the volatility on commodities markets brought on by the Russian invasion of Ukraine, the spread of the omicron variant of COVID...
Cryptocoins News / The Cointelegraph - 1 year ago
The United States Federal Reserve Board released its semiannual Financial Stability Report on Monday. The report points to the volatility on commodities markets brought on by the Russian invasion of Ukraine, the spread of the omicron variant of COVID...
Cryptocoins News / The Cointelegraph - 1 year ago
Polygon (MATIC) price reversed course to the upside on May 10 after testing $0.794 as its interim support, thus rising by up to 25% to $0.99. The rebound occurred a day after the token slumped over 17% to reach $0.787, its lowest level since July 202...
Cryptocoins News / The Cointelegraph - 1 year ago
“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the social tokens you should be keeping a close eye on.But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC...
Cryptocoins News / The Cointelegraph - 1 year ago
United States Secretary of the Treasury Janet Yellen called on U.S. lawmakers to develop a "consistent federal framework” on stablecoins to address risks to financial stability.In a Tuesday hearing of the Senate Banking Committee on the Financial Sta...
Cryptocoins News / The Cointelegraph - 1 year ago
The United Kingdom has introduced two bills, both concerning the seizure of and support for cryptocurrencies as part of Prince Charles' remarks at the State Opening of Parliament.In a Tuesday publication released by the U.K. Prime Minister’s Office,...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) mining has always been a controversial topic. But, Bitcoin’s proof-of-work (PoW) model has reached new levels of concern as senior decision-makers and investors pay closer attention to environmental, social and governance factors. As su...
Cryptocoins News / The Cointelegraph - 1 year ago
The global cryptocurrency exchange KuCoin aims to go beyond centralized trading services and focus on Web3 with new funding backed by firms like Circle Ventures.The KuCoin cryptocurrency exchange officially announced on May 10 a $150 million pre-Seri...
Cryptocoins News / The Cointelegraph - 1 year ago
Ethereum's native token Ether (ETH) has grown stronger against its rival for the top position — Bitcoin (BTC) — despite an ongoing crypto market rout. But can the ETH/BTC pair continue to rally in the coming months? Let's look at the charts.Ethereum...
Cryptocoins News / The Cointelegraph - 1 year ago
New technologies may have rapid, dramatic effects on society, but they may also spread slowly and subtly. Blockchain-powered decentralized science (DeSci) is taking off after some years of gestation. Its impact is being felt not only in the rarified...
Cryptocoins News / The Cointelegraph - 1 year ago
Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has addressed some of these issues by its very nature, it has also encountered a few unique problems.From resource exhaust...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) is for all. For you, for Michael Saylor in Miami, and for 38-year-old Jorge, a Mozambican family man who's using the largest cryptocurrency to make ends meet.Jorge, who goes by his first name for anonymity, lives in the tiny village of...
Cryptocoins News / The Cointelegraph - 1 year ago
PayPal-backed cryptocurrency firm Talos is becoming the latest unicorn in the industry, reaching a $1.25 billion valuation following new funding.Talos has raised $105 million in Series B funding round led by a major global growth equity firm, General...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) upended buy trends through May 10 as BTC/USD sank below $30,000 for the first time since July 2021.Data from on-chain analytics firm CryptoQuant showed exchange reserves start increasing as panic gripped crypto markets.BTC flows back to...
Cryptocoins News / The Cointelegraph - 1 year ago
Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst has even claimed that keeping BTC on exchanges is also a factor for price dips.Rufas Kamau, research and markets analyst at Scope Mar...
Cryptocoins News / The Cointelegraph - 1 year ago
As the crypto community still tries to decipher Terra’s ongoing pegging-de-pegging fiasco in relation to its stablecoin offering TerraUSD (UST), major crypto exchange Binance temporarily suspended the withdrawals for LUNA and UST on Tuesday. The mark...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price bounces at $29,700Data from Cointelegraph Markets P...
Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin (BTC) fell below $30,000 for the first time in ten months on May 10 as turmoil at Blockchain protocol Terra continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price bounces at $29,700Data from Cointelegraph Markets P...