Cryptonews

Cryptonews


Optimism Rises Towards Grayscale’s Bitcoin ETF Application as Star Legal Counsel Joins Team

Posted: 09 Jun 2022 07:30 AM PDT

 
Leading voices in the crypto industry are optimistic that Grayscale, the major cryptoasset management firm behind the Grayscale Bitcoin Trust (GBTC), will be successful in getting the necessary approvals to convert the trust to a spot-based bitcoin (BTC) exchange-traded fund (ETF)....
Read More: Optimism Rises Towards Grayscale's Bitcoin ETF Application as Star Legal Counsel Joins Team

This posting includes an audio/video/photo media file: Download Now

New Law Would Ban Crypto Pay in Russia (Again) as Miners Struggle to Convince Central Bank to Legalize Industry

Posted: 09 Jun 2022 06:11 AM PDT

 
Crypto advocates are still facing an uphill struggle in Russia – where MPs are expected to vote in favor of a proposal that would ban the use of "monetary surrogates" as a form of payment. And it appears that crypto miners are yet to persuade the influential Central Bank Governor Elvira Nabiullina that their industry should not be banned....
Read More: New Law Would Ban Crypto Pay in Russia (Again) as Miners Struggle to Convince Central Bank to Legalize Industry

This posting includes an audio/video/photo media file: Download Now

Bitcoin and Ethereum Still Consolidate, LINK, HNT, and XTZ Outperform

Posted: 09 Jun 2022 05:00 AM PDT

 
Bitcoin price moved lower in a range and tested the USD 30,000 level before recovering. It is currently (11:48 UTC) still stuck in its usual range and trades near USD 30,400. BTC is unchanged in a day and up almost 3% in a week.
Similarly, most major altcoins are trading in a range. ETH is struggling to clear the USD 1,850 resistance zone. XRP is now consolidating near the USD 0.40 level. ADA is eyeing an upside break above the USD 0.65 resistance zone....
Read More: Bitcoin and Ethereum Still Consolidate, LINK, HNT, and XTZ Outperform

This posting includes an audio/video/photo media file: Download Now

Close to 1 in 3 Surveyed Hedge Funds Plan Crypto Investments - PwC

Posted: 09 Jun 2022 03:32 AM PDT

 
Close to one out of three – or 29% – of hedge funds that are not yet invested in digital assets say they are looking to invest or are in late-stage planning for investments in the space, a new survey by consulting giant PwC has revealed.
The survey was conducted in the 1st quarter of 2022 on a sample of 77 specialist crypto hedge fund managers, in collaboration with Elwood Asset Management (now a part of CoinShares)....
Read More: Close to 1 in 3 Surveyed Hedge Funds Plan Crypto Investments - PwC

This posting includes an audio/video/photo media file: Download Now

Ethereum's Ropsten Test is 'Almost' Bug-Free, Two More Testnets to Go Before the Merge

Posted: 09 Jun 2022 02:35 AM PDT

 
The Ropsten test network (testnet) -- also referred to as Ethereum (ETH)'s first dress rehearsal for the upcoming Merge, when the current Ethereum Mainnet will merge with the beacon chain proof-of-stake (PoS) system -- successfully went through The Merge yesterday....
Read More: Ethereum's Ropsten Test is 'Almost' Bug-Free, Two More Testnets to Go Before the Merge

This posting includes an audio/video/photo media file: Download Now

Wintermute's 'Amateur Mistake' Leads to Loss of 20M Optimism Tokens

Posted: 09 Jun 2022 01:42 AM PDT

 
A mistake by crypto market maker Wintermute has resulted in the loss of 20m Optimism (OP) tokens currently worth USD 17m.
In preparation for the OP token launch, Wintermute was to receive "a temporary grant" of OP 20m for liquidity provisioning services. After successfully sending two test transactions, the Optimism team sent the full amount of tokens....
Read More: Wintermute's 'Amateur Mistake' Leads to Loss of 20M Optimism Tokens

This posting includes an audio/video/photo media file: Download Now

ApeCoin Community Narrowly Wins Vote to Stay on Ethereum

Posted: 09 Jun 2022 12:53 AM PDT

 
The majority of apecoin (APE) holders have voted in favor of a proposal that the token remains on the Ethereum (ETH) blockchain despite its high transaction fees.
The final results, which come after a six-day voting period that started on June 3, reveal that 53.62% of ApeCoin token holders support remaining on Ethereum, exceeding those against (at 46.38%) by a narrow margin....
Read More: ApeCoin Community Narrowly Wins Vote to Stay on Ethereum

This posting includes an audio/video/photo media file: Download Now

Bitcoin and Ethereum Still Stuck In Range, THETA and HNT Rally

Posted: 08 Jun 2022 09:18 PM PDT

 
Bitcoin price failed to clear the USD 31,500 resistance zone and corrected below USD 30,500. It is currently (04:01 UTC) trading near USD 30,300 and is up 1% in a day and almost 2% in a week.
Similarly, most major altcoins are also range-bound. ETH traded below the USD 1,820 and USD 1,800 levels. XRP is fluctuating around the USD 0.40 level while ADA is trying to move back to the USD 0.650 resistance level.
Total market capitalization...
Read More: Bitcoin and Ethereum Still Stuck In Range, THETA and HNT Rally

This posting includes an audio/video/photo media file: Download Now

South Korean Crypto Exchanges Prepared to Self-regulate, Says Ruling Party

Posted: 08 Jun 2022 05:00 PM PDT

 
South Korea's ruling political party – the People's Power Party – has stated that the nation's leading crypto exchanges have created plans that could see them form a self-regulating body that could be empowered to take cross-platform decisions on matters such as delisting and the suspension of transactions....
Read More: South Korean Crypto Exchanges Prepared to Self-regulate, Says Ruling Party

This posting includes an audio/video/photo media file: Download Now

Kazakhstan Central Bank Exploring ‘Opportunities in Crypto, DeFi ‘Innovation’

Posted: 08 Jun 2022 01:00 PM PDT

 
Kazakhstan's central National Bank has stated that it is "interested in" the "opportunities for innovation" that cryptoassets and DeFi can "give" the government.
Per Tengrinews, the Governor of the National Bank Galymzhan Pirmatov told journalists at a press conference, that Kazakhstan wanted to benefit from the technology that had been developed by the "cryptocurrency sector."...
Read More: Kazakhstan Central Bank Exploring 'Opportunities in Crypto, DeFi 'Innovation'

This posting includes an audio/video/photo media file: Download Now

Blockchain Games Strongest Category Amid Crypto Market Downturn

Posted: 08 Jun 2022 10:00 AM PDT

 
Blockchain games is the category within crypto that has resisted the industry downturn the most, with activity still being up 197% year-over-year, DappRadar's Industry Report for May shows.
The sector's resilience is clear despite a drop in the number of game transactions of 5% in May compared to the month before, DappRadar said, comparing the sector to the sharp decline in activity seen in decentralized finance (DeFi) and non-fungible tokens (NFTs)....
Read More: Blockchain Games Strongest Category Amid Crypto Market Downturn

This posting includes an audio/video/photo media file: Download Now

New Luna Token Down Almost 90% From Its All-Time High and Keeps Trending Lower

Posted: 08 Jun 2022 09:03 AM PDT

 
LUNA, the native token of the new Terra blockchain, has fallen consistently in the market since seeing an initial spike on its first day of trading, with industry observers keep questioning whether the attempt to revive Terra will work....
Read More: New Luna Token Down Almost 90% From Its All-Time High and Keeps Trending Lower

This posting includes an audio/video/photo media file: Download Now

Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News

Posted: 08 Jun 2022 08:29 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: Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News

This posting includes an audio/video/photo media file: Download Now

Bitcoin Historical Performance is No Guide for the Future in 2022

Posted: 08 Jun 2022 07:26 AM PDT

 
May turned out to be yet another disappointing month for bitcoin (BTC), despite promising predictions based on its historical performance. So, with that in mind, how reliable really are historical patterns for the price of bitcoin today?
Using crypto exchange Kraken's monthly market outlook as a guide, it's clear that performance in May came in short of expectations. With a fall of 16%, bitcoin's performance ended up far from its historical median return for May of 10%....
Read More: Bitcoin Historical Performance is No Guide for the Future in 2022

This posting includes an audio/video/photo media file: Download Now

French Lawmaker Releases New Report to Push for Crypto Legislation

Posted: 08 Jun 2022 05:58 AM PDT

 
Pierre Person, a lawmaker from France's ruling La République En Marche! (LREM) party, has unveiled a new report which introduces a number of legislative proposals related to crypto and digital assets, pushing for the adoption of crypto legislation in the French parliament. ...
Read More: French Lawmaker Releases New Report to Push for Crypto Legislation

This posting includes an audio/video/photo media file: Download Now

Bitcoin and Ethereum Still Range-Bound, LINK and THETA Outperform

Posted: 08 Jun 2022 05:05 AM PDT

 
After dropping from USD 31,500 to USD 30,000 earlier today, bitcoin somewhat recovered and is currently trading near USD 30,500 again. BTC is up 3% in a day and down 4% in a week.
Similarly, most major altcoins are facing key hurdles. ETH failed to stay above the USD 1,850 resistance zone. XRP is moving lower below USD 0.40. ADA corrected gains but is still near USD 0.65.
Total market capitalization...
Read More: Bitcoin and Ethereum Still Range-Bound, LINK and THETA Outperform

This posting includes an audio/video/photo media file: Download Now

Post a Comment

Previous Post Next Post