Cryptonews

Cryptonews


Crypto Helps Ukraine Defend Itself Against Russia's Invasion, Here’s How You Can Contribute

Posted: 02 Apr 2022 05:14 AM PDT

 
Cryptoassets continue to prove their case in Ukraine, as well over USD 100m in crypto was raised during the first five weeks of the Russian invasion. 
Per a report by blockchain research firm TRM which analyzed over 50 crypto donation campaigns, official government entities have received over USD 50m of donations. Other popular non-governmental organization (NGO) campaigns have netted another USD 50m in donations. ...
Read More: Crypto Helps Ukraine Defend Itself Against Russia's Invasion, Here's How You Can Contribute

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5 NFT Trading Strategies For JPEG Traders

Posted: 02 Apr 2022 04:00 AM PDT

 
If you don't have a strategy, you cannot successfully invest in or trade any asset – stocks, bonds, crypto, etc. The same rule applies to NFTs.
With the boom in the NFT market last year, we have witnessed more investors allocating capital toward NFTs. And with that, numerous NFT investment and trading strategies emerged that anyone could adopt for their portfolios of JPEGs and digital collectibles....
Read More: 5 NFT Trading Strategies For JPEG Traders

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Breaking Bitcoin Resistances, Doggycoin Moves, Exploited Bridge, Unhosted Propagandas and 20 Crypto Jokes

Posted: 02 Apr 2022 03:00 AM PDT

Time to Appoint a ‘Minister of Web3’, Says NFT Policy-making Group of Japanese MPs

Posted: 01 Apr 2022 05:00 PM PDT

 
The ruling Japanese political party's new non-fungible token (NFT) task force has recommended that the government appoints a "Web 3.0 minister."...
Read More: Time to Appoint a 'Minister of Web3', Says NFT Policy-making Group of Japanese MPs

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Walking the Crypto Tax Tightrope in US

Posted: 01 Apr 2022 01:00 PM PDT

 
Co-Authored by Jaideep Singh, CEO of AI-powered, SaaS platform FlyFin, Luke Olson, CPA, and Sridevi Yathirajyam, EA, FlyFin.
__________...
Read More: Walking the Crypto Tax Tightrope in US

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Terra’s USD 10B Bitcoin Bet May be Both a Curse and a Blessing

Posted: 01 Apr 2022 10:48 AM PDT

 
Terra (LUNA) founder Do Kwon's plan to partly back the stablecoin UST with bitcoin (BTC) is causing both excitement and concern in the community, with some fearing what could happen to the bitcoin market if Terra faces problems with trust or liquidity.
The plan to back UST with BTC has been spearheaded by Terra's Do Kwon, who on Twitter claimed that the stablecoin protocol could eventually have a bitcoin stack worth as much as USD 10bn or more....
Read More: Terra's USD 10B Bitcoin Bet May be Both a Curse and a Blessing

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Bitcoin & Crypto Try to Reverse Losses, but Short-Term Hurdles Remain While Surveys Send Positive Signs

Posted: 01 Apr 2022 09:30 AM PDT

 
Major cryptoassets including bitcoin (BTC) and ethereum (ETH) trimmed earlier losses, and traded in positive territory for the past 24 hours Friday afternoon in Europe. Friday's turnaround followed a sell-off on Thursday, with some analysts saying low volumes and technical resistance ahead could weigh on sentiment....
Read More: Bitcoin & Crypto Try to Reverse Losses, but Short-Term Hurdles Remain While Surveys Send Positive Signs

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Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News

Posted: 01 Apr 2022 09:01 AM PDT

 
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news._____ ...
Read More: Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News

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Hayes Says He Aims to Rebalance Portfolio in Favor of Ethereum, Sets New Price Target for ETH

Posted: 01 Apr 2022 07:40 AM PDT

 
Former BitMEX CEO Arthur Hayes hinted he may rebalance his investments away from bitcoin (BTC) and in favor of Ethereum's native ETH token, arguing "a massive wall of money" will enter ETH once it is seen as an ESG-friendly, yield-bearing asset to push its price north of USD 10,000.
Writing in a new essay titled Five Ducking Digits, Hayes said that he used to have a portfolio of "50% bitcoin and 50% ether."...
Read More: Hayes Says He Aims to Rebalance Portfolio in Favor of Ethereum, Sets New Price Target for ETH

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New Netflix Crypto Scam Documentary 'Excites' But Also 'Razzle-Dazzles'

Posted: 01 Apr 2022 06:04 AM PDT

 
Exploring the mysterious circumstances of the collapse of Canadian crypto exchange QuadrigaCX and the death of its founder, Gerald Cotten, Netflix's latest documentary is storming through the platform, topping the top 10 lists across the world....
Read More: New Netflix Crypto Scam Documentary 'Excites' But Also 'Razzle-Dazzles'

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Coin Race: Top Winners/Losers of March and Q1

Posted: 01 Apr 2022 04:49 AM PDT

 
April is here, with spring and some green shoots starting to form in the crypto market.
The beginning of April also marks the end of the first quarter, and we, therefore, take a look at what has happened over both the past month and the quarter as a whole.
In January, the crypto market ended largely in the red across the board, despite some green candles on the last day of the month....
Read More: Coin Race: Top Winners/Losers of March and Q1

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Bitcoin and Ethereum Try to Recover Losses, WAVES and ZIL Trim Gains

Posted: 01 Apr 2022 04:47 AM PDT

 
After bitcoin started a fresh decline from the USD 48,000 resistance zone and spiked below the USD 45,000 support zone, it managed to return above this level and is currently (11:31 UTC) trading near USD 45,200 again. BTC is down 4% in a day.
Similarly, most major altcoins are trying to recover losses. ETH declined below USD 3,300, but it remained stable above USD 3,200. XRP managed to stay above the USD 0.80 support. ADA declined below USD 0.15....
Read More: Bitcoin and Ethereum Try to Recover Losses, WAVES and ZIL Trim Gains

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EU Draft Regulation Threatens Crypto Industry But the Fight Is Not Over Yet

Posted: 01 Apr 2022 03:08 AM PDT

 
Yesterday's decision by lawmakers to approve controversial amendments to the Transfer of Funds Regulation (TFR) could put many crypto exchanges in jeopardy in the European Union. However, the crypto sector is determined to keep fighting against the looming clampdown, as indicated by recent statements by industry representatives....
Read More: EU Draft Regulation Threatens Crypto Industry But the Fight Is Not Over Yet

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