Cointelegraph.com News

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Cointelegraph.com News

3 reasons why Bitcoin is struggling to flip $20K to support

Posted: 13 Jul 2022 10:24 AM PDT

BTC continues to sell-off, but analysts say investor sentiment could reverse when inflation peaks or traders feel that the situation with insolvent DeFi platforms is resolved.

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Fighting the crypto winter and token protocol inflation in 2022

Posted: 13 Jul 2022 09:13 AM PDT

Where can one safely store digital assets, earn crypto rewards and trade coins intermittently, while the market continues to see a sea of red?

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Syrian refugee turned civil activist found calling as blockchain evangelist

Posted: 13 Jul 2022 08:01 AM PDT

Yale graduate student Karam Alhamad created the ZeFi Foundation to educate future crypto users and address problems facing Syria and Iraq.

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NFT volume sees yearly low in June, but first-time buyers remain consistent

Posted: 13 Jul 2022 07:00 AM PDT

Nansen's NFT analysis draws into focus the numbers behind the market's first bearish cycle.

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Crypto City: The ultimate guide to Miami

Posted: 13 Jul 2022 06:46 AM PDT

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The search term ‘Bitcoin Crash’ is trending — Here’s why

Posted: 13 Jul 2022 06:11 AM PDT

The digital gold, aka Bitcoin, has been marked "dead" at least 458 times since 2009. However, BTC proved to be more than alive each and every time.

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Bitcoin tanks on highest CPI data since 1981 as BTC price dips under $19K

Posted: 13 Jul 2022 06:09 AM PDT

U.S. inflation comes in a full 0.3% higher than expected, causing a dollar strength spike and the euro to fall below parity with USD.

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Survey reveals high penetration and adoption of crypto in Saudi Arabia

Posted: 13 Jul 2022 06:06 AM PDT

Saudi Arabia is a significant market for digital currencies with the country's favorable regulatory climate, large consumer base and increasing interest in cryptocurrencies, a new KuCoin survey says.

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Brazil beams Bitcoin from space: A case for BTC satellite nodes

Posted: 13 Jul 2022 05:46 AM PDT

Bitcoin's blast off to becoming "space money" takes one giant leap with a satellite full node in Brazil.

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Dogecoin misses bullish target after Elon Musk snubs Twitter — What's next for DOGE price?

Posted: 13 Jul 2022 05:01 AM PDT

The Tesla and SpaceX CEO had flirted with the idea of adding DOGE payments to Twitter.

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Shanghai included blockchain, NFTs and Web3 in its 5-year plan

Posted: 13 Jul 2022 04:34 AM PDT

The municipal government pledged to support the enterprises that are discovering the nonfungible market.

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MoonPay to make Web3 payments with Unstoppable Domains partnership

Posted: 13 Jul 2022 04:08 AM PDT

Ivan Soto-Wright, the co-founder and CEO of MoonPay said the partnership enhances the tail-end of a user's journey by replacing complex characters with NFT domains.

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Bitcoin not a currency? South Africa to regulate crypto as financial asset

Posted: 13 Jul 2022 04:00 AM PDT

South Africa's Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months.

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Bitcoin circles $20K pre CPI amid warning Fed risks ‘blowing up’ economy

Posted: 13 Jul 2022 03:32 AM PDT

"Highly elevated" CPI numbers due in hours as one theory suggests that there is already no more room for Fed rate hikes.

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Crypto winter presents an opportunity amid chaos, says asset group exec

Posted: 13 Jul 2022 03:14 AM PDT

Alex Tapscott told Cointelegraph that bear markets lead to great ideas being formed and new businesses being built.

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Vermont becomes the sixth US state to launch investigation against Celsius

Posted: 13 Jul 2022 02:47 AM PDT

The state financial regulator alleged that Celsius violated state security laws by offering high crypto interest rate accounts to customers and unethically using clients' funds to invest in illiquid products.

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Ethereum price risks ‘bear flag’ breakdown, 20% drop against Bitcoin

Posted: 13 Jul 2022 01:17 AM PDT

Ethereum funds have been undergoing a modest recovery after witnessing 11 weeks of continuous outflows.

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‘Hypocrisy:’ Judge denies SEC motion to keep Hinman docs secret in Ripple case

Posted: 12 Jul 2022 10:40 PM PDT

The SEC has argued that the documents should be protected because Hinman wrote the speech as a "personal errand," but the judge didn't buy it.

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Why Coinbase is banning slide decks and ‘endless meetings’

Posted: 12 Jul 2022 09:24 PM PDT

Coinbase CEO Brian Armstrong is looking for enhanced efficiency from its internal teams, noting that rapidly growing firms often become complacent and slow.

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Institutional investor sentiment about ETH improves as Merge approaches

Posted: 12 Jul 2022 09:09 PM PDT

Professional investors are warming to Ethereum again as ETH-based funds see a third consecutive week of inflows.

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Liquidators can subpoena 3AC founders despite ‘tricky issues’ with crypto assets

Posted: 12 Jul 2022 07:42 PM PDT

The counsel for liquidators said he didn't know the current location of Zhu or Davies, alleging the duo have not provided "meaningful cooperation" with the liquidators.

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California regulator investigating crypto interest accounts

Posted: 12 Jul 2022 07:14 PM PDT

The regulator also said, in its view, that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager.

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Bitcoin to make new all-time-highs within 24 months: Coinshares CSO

Posted: 12 Jul 2022 06:58 PM PDT

Demirors however said she certainly expects "more pain ahead" for tech stocks and crypto as we head closer to recession.

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US Treasury study finds CBDCs a plus for commercial bank stability

Posted: 12 Jul 2022 04:45 PM PDT

Access to CBDCs reduces banks' need to insure against liquidity risks and gives policymakers greater information about trouble in the financial system, according to the study.

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US Treasury calls for public comment on digital asset policy, following Biden’s executive order

Posted: 12 Jul 2022 02:24 PM PDT

President Joe Biden's executive order on crypto in March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations.

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SEC extends window to decide on ARK 21Shares spot Bitcoin ETF to August

Posted: 12 Jul 2022 02:15 PM PDT

J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for "sufficient time to consider the proposed rule change and the issues raised therein."

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Nervos Network (CKB) price posts double-digit gain after Godwoken layer 2 launch

Posted: 12 Jul 2022 02:00 PM PDT

CKB booked a 35%+ gain after the release of its Godwoken L1 solution and the launch of a new NFT marketplace.

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Multicoin Capital raises $430M for new crypto startup fund

Posted: 12 Jul 2022 01:45 PM PDT

Even with Bitcoin, Ether and altcoins in a bear market, venture funding for the blockchain industry continues to grow.

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French central bank head announces Phase 2 of wholesale digital euro project

Posted: 12 Jul 2022 01:15 PM PDT

The French presidency of the European Union winds down with the completion of wCBDC experiments, the design of a proprietary blockchain and an automated market maker platform.

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Sri Lanka central bank reiterates crypto warning following protestors seizing president's residence

Posted: 12 Jul 2022 12:45 PM PDT

Thousands of Sri Lankans took to the streets of Colombo in protest of the government's response to the economic situation in the country.

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