Cointelegraph.com News

Cointelegraph.com News


Price analysis 6/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO

Posted: 24 Jun 2022 11:44 AM PDT

A handful of on-chain metrics suggest that Bitcoin could be close to bottoming, and if true, the eventual relief rally could induce sharp gains from altcoins.

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Axie Infinity to compensate Ronin exploit victims and relaunch bridge

Posted: 24 Jun 2022 10:00 AM PDT

Once the bridge reopens on Tuesday, users will be able to withdraw one ETH for each one they possessed before the attack.

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Ethereum price breaks out as 'bad news is good news' for stocks

Posted: 24 Jun 2022 09:16 AM PDT

Ether has rebounded by nearly 40% in the last six days despite persistent "bull trap" risks.

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White hat hacker attempts to recover 'millions' in lost Bitcoin, finds only $105

Posted: 24 Jun 2022 09:15 AM PDT

"We didn't make money, but we definitely made new friends," said Lavar Sanders, who originally purchased the Bitcoin in 2016.

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Uganda’s gold discovery: What it could mean for crypto

Posted: 24 Jun 2022 07:50 AM PDT

Is gold becoming inflationary? Can Bitcoin replace it as a store of value due to its scarcity and reliability? Are Uganda's numbers implausible? Questions arise.

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Bitcoin payments make a lot of sense for SMEs but the risks still remain

Posted: 24 Jun 2022 07:30 AM PDT

While Bitcoin payments can be processed quite easily by businesses these days there are still some tangible issues that need to be ironed out.

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Bitcoin gives ‘encouraging signs’ — Watch these BTC price levels next

Posted: 24 Jun 2022 07:06 AM PDT

The 200-week moving average is back on the menu for BTC/USD, but altcoins are shining as the week ends.

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CBDC may threaten stablecoins, not Bitcoin: ARK36 exec

Posted: 24 Jun 2022 06:03 AM PDT

A state-backed digital currency like the U.S. dollar doesn't necessarily have to be a competitor to a decentralized cryptocurrency, one industry exec believes.

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Bitcoin miner ‘capitulation event’ may have already happened — Research

Posted: 24 Jun 2022 03:23 AM PDT

Investigative work argues that on-chain metrics are proving miners have capitulated, while whales appear to be lone Bitcoin dip-buyers.

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XRP price rally stalls near key level that last time triggered a 65% crash

Posted: 24 Jun 2022 02:59 AM PDT

Macro risks and a long-term bearish setup continue to spoil XRP's bullish prospects.

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Solana smartphone Saga triggers mixed reactions from crypto community

Posted: 24 Jun 2022 02:19 AM PDT

From comparing the project to Apple and Ethereum to bringing up network outages, the community reacted to the new Web3 phone by Solana.

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Eminem and Snoop Dogg turn into BAYC chars in new music video

Posted: 24 Jun 2022 01:30 AM PDT

Eminem and Snoop Dogg bear an uncanny resemblance to Bored Apes in the new semi-animated music video titled "From The D 2 The LBC."

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THORChain token price up 16% following mainnet launch

Posted: 24 Jun 2022 12:08 AM PDT

After four years of waiting, THORChain's new mainnet "marks the achievement of a fully functional, feature-rich protocol with a large ecosystem and strong community."

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‘Brutal and unrelentingly hard:’ Singapore regulator’s clampdown on crypto

Posted: 23 Jun 2022 10:01 PM PDT

The remarks from the regulator's chief fintech officer could see the city-state lose its perception as one of the most crypto-friendly countries in the world.

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Hoskinson pitches software-enabled crypto self-regulation to Congress

Posted: 23 Jun 2022 09:51 PM PDT

Hoskinson feels regulations for the crypto industry should be defined better, but that compliance should come from the industry itself, not from regulatory authorities.

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Former Chancellor says UK is falling behind on crypto opportunity

Posted: 23 Jun 2022 09:36 PM PDT

The former chancellor said there was a particular lack of regulatory structure in regards to digital asset trading.

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Nifty News: Apecoin no longer going bananas, Pharrell touts Doodles and more

Posted: 23 Jun 2022 09:04 PM PDT

Popular musician Pharrell Williams has become the chief brand officer of the Doodles NFT project, Solana to launch a crypto-focused smartphone and art economist says NFTs are good for the entire art market.

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Moody’s downgrades Coinbase due to bear market: Warns it may not be the last

Posted: 23 Jun 2022 07:07 PM PDT

Moody's said further downgrades could follow if Coinbase doesn't diversify from its current revenue model or it's unable to turn a profit even in a prolonged bear market.

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‘Bad’ crypto projects should not be bailed out says Binance founder CZ

Posted: 23 Jun 2022 06:50 PM PDT

Binance CEO Changpeng Zao has argued that crypto firms that have been poorly managed, poorly operated, or have released poorly designed products should be left to crumble.

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Breaking: Harmony’s Horizon Bridge hacked for $100M

Posted: 23 Jun 2022 06:37 PM PDT

The layer-1 blockchain's main bridge between Ethereum, Binance Chain and Bitcoin has been exploited for nine figures but says its BTC bridge has not been affected.

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Chainalysis tips Australia will crack down on misleading crypto ads

Posted: 23 Jun 2022 04:16 PM PDT

Chainalysis head of international policy Caroline Malcolm explained this means bringing crypto-assets into a similar regulatory regime to financial products as occurred in the United Kingdom.

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US Congressional hearing on digital asset regulation focuses on disclosure

Posted: 23 Jun 2022 02:50 PM PDT

An agriculture subcommittee heard a CFTC official, a law professor, a Chainalysis cofounder and Charles Hoskinson air their views on regulation and adjacent topics.

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Ripple CEO criticizes SEC for ‘contradictions’ on crypto regulations

Posted: 23 Jun 2022 02:36 PM PDT

"The SEC [decided] to do regulation through enforcement, which is not efficient and really I think has stifled innovation in the United States," said Brad Garlinghouse.

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Buy Bitcoin or start mining? HashWorks CEO points to ‘attractive investment yield’ in BTC mining

Posted: 23 Jun 2022 01:36 PM PDT

Bear markets are for building, which is exactly why HashWorks CEO Todd Esse says BTC's current pricing presents an opportunity for retail investors and industrial mining companies.

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Uphold withdraws with Venezuela, citing US sanctions

Posted: 23 Jun 2022 01:00 PM PDT

The platform advised users to withdraw funds quickly, noting it would halt trading for Venezuela-based clients on July 31, with all accounts "fully restricted" beginning Sept. 30.

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Coinbase to track off-exchange transactions from Dutch customers

Posted: 23 Jun 2022 12:30 PM PDT

Dutch users need to provide the recipient's full name, the purpose of transfer and full residential address to move digital assets off the platform.

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The community-centered approach to Web3 — Aave founder and CEO

Posted: 23 Jun 2022 11:45 AM PDT

"What if we actually can have ownership on our own presence in social media — our profiles, our social identities?" asked Stani Kulechov.

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Voyager Digital cuts withdrawal amount as 3AC contagion ripples through DeFi and CeFi

Posted: 23 Jun 2022 11:20 AM PDT

Traders brace for more bad news after headlines revealed that Voyager Digital had lent $655 million to Three Arrows Capital. Is another crypto market sell-off on the way?

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'Foolish' to deny Bitcoin price can go under $10K — Analysis

Posted: 23 Jun 2022 10:15 AM PDT

Investors need a plan to cater for every eventuality, as analysts still focus on $16,000 as a downside target.

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Nonfungible airdrops: Could NFA become the next big acronym in the crypto space?

Posted: 23 Jun 2022 08:29 AM PDT

Airdrops are a great marketing tool, but they can have downsides for crypto projects and investors alike. Is there a way around this?

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