Cointelegraph.com News

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Cointelegraph.com News

Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode

Posted: 04 Jul 2022 11:01 PM PDT

Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets continues to reach new highs.

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African infrastructure firm lands $150M to launch crypto water token

Posted: 04 Jul 2022 10:35 PM PDT

A new water delivery infrastructure system powered by cryptocurrency has received a massive investment from global investment firm GEM Digital.

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Nifty News: NFT and Web3 gaming console to launch in 2024, Chinese firms to check ID for NFT buying, and more

Posted: 04 Jul 2022 08:59 PM PDT

The console's creators say it will be compatible with eight blockchains and have its own digital wallet, token, and marketplace, with a prototype coming in "a few months."

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Crypto community eyeing three macro events to tip crypto scales in July

Posted: 04 Jul 2022 08:29 PM PDT

Despite the gloomy macro forecasts, some of crypto's leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry.

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Indian crypto trading volumes slump following hefty taxes

Posted: 04 Jul 2022 07:10 PM PDT

Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to plummet.

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Institutional investors shorting Bitcoin made up 80% of weekly inflows

Posted: 04 Jul 2022 06:42 PM PDT

Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million.

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ECB officials prepare for ‘harmonization’ of crypto regulations: Report

Posted: 04 Jul 2022 02:21 PM PDT

Regulators from 19 EU member states will reportedly attend a supervisory board meeting in July to discuss MiCA and its possible implementation.

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Celsius pays down 143M in DAI loans since July 1

Posted: 04 Jul 2022 01:50 PM PDT

The crypto lender's liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data.

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Singapore's financial watchdog considers further restrictions on crypto

Posted: 04 Jul 2022 10:15 AM PDT

The Monetary Authority of Singapore may consider "placing limits on retail participation" for investors, as well as introduce rules on the use of leverage for crypto transactions.

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Price analysis 7/4: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB

Posted: 04 Jul 2022 09:24 AM PDT

Bitcoin and altcoins have held their immediate support levels, suggesting the start of a relief rally in the short term.

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Bitcoin price spikes to $20K as whale bought BTC confirms support

Posted: 04 Jul 2022 08:52 AM PDT

Bitcoin bounces to five-day highs while Ethereum rises above the $1,100 mark.

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Multichain adds Rootstock to its blockchain bridge ecosystem

Posted: 04 Jul 2022 08:00 AM PDT

The RSK sidechain is the first Bitcoin-based sidechain to be incorporated into Multichain.

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Does the Metaverse need blockchain to ensure widespread adoption?

Posted: 04 Jul 2022 07:19 AM PDT

While not absolutely necessary, omitting it would be misguided. "The Metaverse without blockchains would likely just advance the ball for Big Tech."

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The UK 'Bitcoin Adventure' shows BTC is a family affair

Posted: 04 Jul 2022 06:25 AM PDT

A family-friendly day out in the southwest of the U.K. got the kids, adults and grandparents on their feet, learning about magic internet money and dancing to Bitcoin tunes.

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Hodlers and whales: Who owns the most Bitcoin in 2022?

Posted: 04 Jul 2022 06:07 AM PDT

While the Bitcoin blockchain is public, knowing who owns the most Bitcoin in 2022 isn't as simple as it should be. Here's what we know.

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Meta signals closure of Novi wallet after a 10-month pilot

Posted: 04 Jul 2022 04:08 AM PDT

Meta's wallet pilot Novi is set to end in September, with the announcement coming days after Mark Zuckerberg touts Meta Pay on Facebook.

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CoinShares acquires French crypto asset manager Napoleon AM

Posted: 04 Jul 2022 03:59 AM PDT

CoinShares previously agreed to acquire the entire issued share capital in Napoleon Crypto SAS for $14.5 million in November 2021.

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Peter Schiff’s bank closure strengthens Bitcoin case for financial freedom

Posted: 04 Jul 2022 02:09 AM PDT

Puerto Rico regulators closed down Schiff's bank for not maintaining the net minimum capital requirements. As a result, customers lost access to their accounts following a subsequent freeze.

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Keys lost in the Vauld: Singapore crypto exchange freezes withdrawals

Posted: 04 Jul 2022 01:22 AM PDT

Not your keys, not your coins. Crypto CeFi lender Vauld has suspended "all withdrawals, trading and deposits."

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‘Wild ride’ lower for BTC? 5 things to know in Bitcoin this week

Posted: 04 Jul 2022 12:37 AM PDT

The holiday weekend is making everyone nervous as BTC price action hovers at $19,000.

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Haters to unite at the first conference for crypto skeptics

Posted: 03 Jul 2022 10:55 PM PDT

The anti-crypto conference hopes attendees will get a chance to speak face-to-face with government officials to share their skepticism about the industry.

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USD stablecoin premiums surge in Argentina following economy minister’s resignation

Posted: 03 Jul 2022 10:51 PM PDT

Argentina has been in a long-standing battle against rising inflation and a continued decline of the peso against the U.S. dollar.

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British Army’s social media accounts hacked by crypto scammers

Posted: 03 Jul 2022 09:25 PM PDT

Hackers had access to multiple official social media accounts of the British Army for nearly four hours, when they posted crypto phishing links and scams.

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Sango crypto hub goes live in the Central African Republic

Posted: 03 Jul 2022 08:47 PM PDT

Central African Republic President Faustin-Archange Touadera outlined that the Sango crypto hub project will foster financial inclusion by removing the barriers to entry in the banking sector.

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SBF denies FTX is eyeing distressed crypto mining companies

Posted: 03 Jul 2022 07:57 PM PDT

Sam Bankman-Fried said that crypto miners did not fit into the company's core strategy and there is no synergy from an acquisition standpoint.

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Fork of July: Cardano Vasil upgrade successfully launches on testnet

Posted: 03 Jul 2022 07:24 PM PDT

With the Cardano testnet hard fork complete, all that remains is to fork the mainnet, which will come in about four weeks or when developers have had enough time to prepare their tools for the upgrade.

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Top 5 cryptocurrencies to watch this week: BTC, SHIB, MATIC, ATOM, APE

Posted: 03 Jul 2022 01:15 PM PDT

Traders are taking a hands-off approach to Bitcoin and altcoins until BTC successfully flips the $20,000 level back to support.

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Are expiring copyrights the next goldmine for NFTs?

Posted: 03 Jul 2022 12:01 PM PDT

Most people think of digital art when it comes to NFTs, but in the future, expiring copyrights could be preserved, refreshed and repurposed using nonfungible token technology.

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Bitcoin addresses in loss hit all-time high amid $18K BTC price target

Posted: 03 Jul 2022 08:30 AM PDT

More entities than ever are underwater at current prices, but there is little consensus over conditions improving yet.

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Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?

Posted: 03 Jul 2022 08:14 AM PDT

Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin.

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