Bitcoin was back above $20,000 on Tuesday, as the U.S. dollar fell to its lowest point in two weeks versus several G7 currencies. The stronger dollar has impacted purchasing power in cryptocurrencies, and commodities like crude oil, which last week fell to a nine-month low. Ethereum was also up, hitting a five-day high. Bitcoin Bitcoin

Hong Kong-based game software and venture capital company Animoca Brands and Japan’s leading crypto exchange Coincheck have strengthened their strategic partnership. The companies aim to drive massive adoption and user experiences of metaverse and NFTs in Japan. On Monday, Japan’s Prime Minister Fumio Kishida announced promoting digital transformation through metaverse, NFTs, and Web3 in the […]

The international financial community went long form to speak up for its interests as the Basel Committee on Banking Supervision continues to optimize banking regulation. The comments period has ended for the Basel Committee on Banking Supervision (BCBS) “Second Consultation on the Prudential Treatment of Cryptoasset Exposures,” a document published in June […]

The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, with millennials losing 20% of their trust in the assets — more confidence lost than in the other generational groups surveyed. Investors Losing

Joe Biden, US President’s administration has issued an advisory for Congress to proceed with the crypto currency regulations. The big move has come amid the increasing need for clear digital assets laws by the industry. More strict crypto laws ahead? As per reports, the US Financial Stability Oversight Council, which includes the Treasury department urged The post Just In: White House Pushes […]

The Ethereum netflow chart shows that the spike in exchange flows has often come at a time when the price of ETH was trading at a short-term/long-term low. The exchange netflow of Ether (ETH) over the past couple of years highlights a behavioral pattern among Ether whales that market analysts believe is done to pump the price of the second-largest cryptocurrency.The […]

PRESS RELEASE. Coorest, a Polygon-native project, is the first blockchain project to have a certified standard for carbon compensation entirely on-chain — allowing anyone with an internet connection to compensate for their carbon footprint, thereby demonstrating that the newly certified Coorest Carbon Standard (CCS) is an excellent alternative to other pre-existing standards. As a result

The Latin Grammy Awards is stepping into Web3 through its first NFT collection in collaboration with OneOf Web3 music platform. This year’s 64th Latin Grammy Awards will have its first-ever nonfungible token (NFT) collection after the Latin Recording Academy signed a three-year contract for award show-related NFTs.The aforementioned partnership is between the Latin […]

Bitcoin (BTC) price soars nearly 5% and surpassed the $20k level today after struggling to surpass the psychological level for weeks. Experts predict the BTC price could rally above the $22,400 level as this time it’s different. Whale accumulation, low trading volume in the traditional markets, fall in BTC supply on exchanges, and fall in The post Just-In: Bitcoin (BTC) Price Most Likely To […]

BTC price action sees a new October peak amid a declining U.S. dollar and a successful prior day’s trading for U.S. equities. Bitcoin (BTC) saw its first trip above $20,000 on Oct. 4 as traders expected familiar resistance to cap gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMulti-week dollar lows fuel Bitcoin bullsData from Cointelegraph Markets Pro and […]

The global fast food chain is among the first to participate in a crypto-friendly experiment in the town of Lugano. Multinational fast food chain McDonald’s started to accept Bitcoin (BTC) as a payment method in the 63,000-populated city of Lugano in Italian Switzerland, which is becoming a hotspot for crypto adoption in Western Europe. A one-minute video of ordering food […]

Celsius Network had filed for bankruptcy following arguably the largest network collapse in the history of crypto. The lending platform had been caught in the crossfire, and further reports showed that it had a $1.2 billion hole in its balance sheet. The company, which has been going through bankruptcy proceedings in the US Bankruptcy Court

YPF Luz, a subsidiary of the Argentine state oil company YPF, is currently piloting a project to power bitcoin mining operations with residual gas. The initiative, which is currently being tested in Vaca Muerta, one of the biggest oil fields in the country, seeks to take advantage of this byproduct from the initial stages of

The overall security of the Bitcoin protocol, or hash rate, hit a new high of 158 exahash per second despite the price being down over 50% year to date. Bitcoin miners can’t stop, won’t stop. The Bitcoin (BTC) hash rate continues to surge to new all-time highs, despite a heavy price drawdown. The Bitcoin mining hash rate peaked at 258 exahashes per second (EH/s) on Oct. […]

Twitter, the social networking giant is caught up in the legal battle against Elon Musk over an abandoned $44 billion acquisition deal. However, the entry of Peiter Zatko, a whistleblower with the BOT data has made this legal tussle intense. Twitter Bot causing issue for Ripple CEO? Meanwhile, another major crypto individual seems to be The post Ripple CEO Flags Twitter BOTs Issue; Will This […]

This might be Peter Schiff’s weirdest take, and the man’s got a few. While commenting on Kim Kardashian’s recent deal with the SEC, the gold bug fired at “the real pumpers”… Michael Saylor? and… CNBC? Did Peter Schiff and his team even do basic research about Kim Kardashian’s case? Or is he playing dumb, attacking

Terra’s co-founder continues his adventures, writing code in his living room, posting on Twitter and hiding from Interpol all at once. Terra co-founder Do Kwon, wanted by South Korean authorities, seems to live in a digital-era James Bond movie. The businessman, whose whereabouts are currently unknown, reacted via Twitter to Interpol issuing a Red Notice on him. Kwon told […]

Mastercard’s new product allows banks to find and prevent fraud on crypto merchant platforms within its network. The financial service provider Mastercard launched a new crypto service related to risk management on Oct. 3. Mastercard’s new service, Crypto Secure, is aimed to help banks find and prevent fraud on crypto merchant platforms.Crypto Secure combines the usage of […]

The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound’s plunge to a record low versus the dollar, as well as the turmoil in financial markets, is said to be the cause of the sudden increase

Registered crypto users in Brazil are increasing at a consistently steady pace, despite the bear market rearing its ugly head. Based on latest data, the South American country has tallied more than 1 million registered crypto accounts for the month of July alone, adding to its nearly 35 million users, Brazilian tax authority Receita Federal

Tron founder Justin Sun on Tuesday expressed interest in buying assets or shares of Swiss financial services group Credit Suisse. He also said bringing the global investment bank to the Web3 ecosystem. Credit Suisse faces market pressure as credit default swaps (CDS) hits a 14-year high. Tron Founder Justin Sun Finds Credit Suisse an Opportunity The post Tron Founder Justin Sun Speculates Buying […]

The story of Silk Road and its creator Ross Ulbricht are inextricably linked to bitcoin’s history. In February 2011, the dark web black market was one of the first web stores to go bitcoin-only, providing an undeniable use case for the bitcoin network as a payment rail. On the other hand, the Silk Road stained

The Central Bank of Kenya appeared to rebuke the country’s new deputy president Rigathi Gachagua, after it rejected the latter’s claims the East African nation lacks enough foreign exchange to import oil. According to the bank, all the foreign exchange used in private transactions and for oil imports is sourced from commercial banks. Central

Troubled crypto lender Celsius Networks has set the date for bidding of its assets. After filing for Chapter 11 bankruptcy, many big players including FTX U.S. have shown interest in acquiring Celsius’s assets. As per the filing with the US Bankruptcy Court for the Southern District of New York dated Monday, Celsius Networks will put The post The Final Bid Deadline for Celsius Assets Is Coming […]

Binance revealed it has more than 150 employees to cover its operations in Brazil and appears to be in good standing with the local government and regulatory agencies. Changpeng “CZ” Zhao-led crypto exchange Binance has opened up two offices in Brazil as the firm looks to tap the country’s emerging crypto market, with reportedly more than 34.5 million crypto users […]

Crypto prices immediately came crashing down after Federal Reserve Chairman Jerome Powell announced they are increasing interest rates during an economic summit on September 21. Now, in a not-so-delayed reaction, the United Nations is calling on the U.S. central bank and other large western regulators not to continue raising their interest rates, a UN agency

Samsung Latam, the regional division of the electronics giant, has decided to present its own space in Decentraland, an Ethereum-based metaverse platform. The space, which will be named “House of Sam,” will allow users to have virtual contact with different products of the brand, and play mini-games to win Samsung-branded rewards for their avatars. Samsung

As a result of DeFi protocols, access to finance has been democratized, allowing anyone with an Internet connection to gain access to opportunities and services. However, they only gained popularity after the ‘DeFi summer of 2020’ and the yield farming craze that followed. The concept of yield farming has changed the way people view

Matrixport’s head of strategy said he believes the market is currently in a “wait-and-see environment” but could shift after the U.S. mid-term elections in November. Minor inflows for digital asset investment products over the last few weeks suggest a “continued hesitancy” toward crypto among institutional investors amid a slowdown in the United States economy. In […]

Other users in the Crypto Twitter community believe lax security management is to blame for the latest phishing scam aimed at Beeple’s fans and followers. Nonfungible token (NFT) artist Mike “Beeple” Winkelmann has found himself the target of phishing scammers yet again, warning users that the URL link to his official Discord server was “hacked” — sending unaware […]

Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by USD. Stablecoin issuer Tether has nearly completely slashed its commercial paper holdings, with less than $50 million worth of commercial paper units as of Sept. 30, 2022.Tether chief technology […]

Some pointed out the regulator’s supposed hypocrisy, others told crypto-influencers to lawyer up, while a few poked fun at the reality TV star. The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX). The United States Securities and Exchange Commission (SEC) fined […]

Public records show that Shopify’s CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a Coinbase associate, he’s required by law to submit his trades to the U.S. Securities and Exchange Commission (SEC). Since

The demand for on-chain analysts is set to further increase with Web3 data outgrowing Web2 data over the next 20-30 years, says Covalent's Ganesh Swami. Ganesh Swami, CEO of blockchain data aggregator Covalent says there continues to be an “intense demand” for on-chain data analysts, that is yet to be satisfied. Speaking to Cointelegraph, Swami said that analysts are in […]

On Sunday, the multichain decentralized exchange aggregator Transit Swap suffered an exploit resulting in $23 million losses. But fortunately, the project’s team managed to recover 70% of the stolen funds on the same day with the help of several blockchain security firms, which facilitated the platform immediately after the incident.  The blockchain security firms which

Just recently the developers behind the Bitcoin Cash-centric project Anyhedge released the alpha version of the Anyhedge Whitelabel and since then, 284 smart contracts were created onchain, and more than $32,900 in funds hedged using the alpha protocol. Furthermore, this month, General Protocols, the engineers behind Anyhedge, revealed the team plans to launch a decentralized

The feds should have tried to work with Kardashian to establish more transparent norms for influencers rather than slapping her with a $1.26 million fine for promoting EthereumMax. The Securities and Exchange Commission announced on Oct. 3 that Kim Kardashian settled an allegation that she promoted “a crypto asset security offered and sold by EthereumMax without disclosing […]

Robert Kiyosaki, the famed author of the finance book ‘Rich Dad Poor Dad,’ has urged investors to start investing in bitcoin. Kiyosaki has recently pivoted to the crypto market and has been sharing his thoughts and insights regarding what he believes to be the right way to go about the crypto market. So far, the

Golden, which has now raised roughly $60 million in cumulative funding, also welcomed a16z general partner Ali Yahya to its board. Decentralized knowledge protocol Golden has closed a $40 million funding round led by venture firm Andreessen Horowitz, or a16z, with additional participation from Protocol Labs, OpenSea Ventures and the founders of Solana, Dropbox, Postmates and […]

“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose. Officials with the United States Financial Stability Oversight Council, or FSOC, have recommended U.S. lawmakers pass legislation to determine which “rulemaking authority” will be responsible for […]

U.S. tech giants are set to report their second quarter earnings throughout October, presenting a scenario that could possibly benefit Bitcoin. Some of the biggest companies in the world are expected to report their 2Q earnings in October, including electric automaker Tesla on Oct. 18, tech giants Meta and Microsoft on Oct. 24, Apple and Amazon on Oct. 26 and Google on Oct. […]

According to the crypto exchange, the burn was the equivalent of 1,863,213.47 USDT — roughly 5.5 million LUNC. Cryptocurrency exchange Binance has announced it completed the first burn of Terra Classic tokens’ trading fees in response to a community proposal from September.In an Oct. 3 update, Binance CEO Changpeng Zhao said the exchange had burned roughly $1.8 million […]

Binance is looking to promote the cryptocurrency scene in Kazakhstan in tandem with the country’s authorities, as it signs a Memorandum of Understanding with the Kazakh Financial Monitoring Agency (FMA). The MoU will ensure combined efforts from both parties to ensure mutual benefits of the crypto industry. MoU between Binance and FMA will help promote The post Binance Signs MoU With […]

Bitcoin NVT golden cross has recently had values that would suggest the crypto may be close to being overbought right now. Bitcoin NVT Golden Cross Has A Positive Value Currently As pointed out by an analyst in a CryptoQuant post, the NVT golden cross has now hit its highest value since the last week of

In partnership with Eaglebrook, the strategies will be offered to registered investment advisors. Cathie Wood's investment firm, ARK Investment, is making its two actively managed crypto strategies available to registered investment advisors. The strategies will be available as separately managed accounts (SMAs) through a collaboration with the digital asset platform […]

Amid the recent downfall in the crypto market, the Elrond price has shaped itself in a parallel channel pattern. The coin price witnessed a steady decline under the influence of this pattern over the past two months. Furthermore, the falling price had recently breached the multi-month support of $50. Thus, the post-breakdown Elrond Coin Price The post Here’s Why Elrond Coin Price May Rise 18% […]

The U.S. Securities and Exchange Commission (SEC) has brought charges on prominent American media personality and socialite Kim Kardashian for her role in promoting EthereumMax (EMAX). The regulatory watchdog, in a press release on Monday, highlighted Kardashian’s refusal to divulge her remuneration for the promotion as violation of the American securities laws. Kim Kardashian did The post […]

A bearish formation in the total market capitalization chart has been gaining strength after two failures to break its resistance level. It is becoming increasingly challenging to support a bullish short-term view for cryptocurrencies as the total crypto market capitalization has been below $1.4 trillion for the past 146 days. Furthermore, a descending channel initiated in […]

Traders say Bitcoin is overdue for a breakout, but are also keeping a lid on how optimistic they should be about a macro trend reversal. Bitcoin (BTC) climbed to new October highs at the Oct. 3 Wall Street open as Credit Suisse concerns heightened. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders close in on rangebound BTCData from Cointelegraph Markets Pro […]

Amid fears of an incoming financial recession, a section of analysts predict a key turnaround in the crypto market. Currently the cryptocurrency market is largely correlated with the stock market but possibility of an economic downturn could mean advantage crypto. In this context, a United Nations agency had on Monday warned several central banks, including The post Good Days Ahead For Crypto?: […]

An SEC filing reveals NYDIG’s intent to raise $720 million while a recent press release shows the company’s commitment to HODLing. The bear market has not deterred one of the biggest Bitcoin (BTC) bulls. The balances of the New York Digital Investment Group, or NYDIG, hit record highs in Q3 of this year. Plus, a United States Securities and Exchange (SEC) filing could […]

It seems the world’s largest cryptocurrency-Bitcoin refusal to break below the $18000 mark, has caused uncertainty in the crypto market. As a result, the majority of coins have been facing a volatile sideways action for around two weeks now. However, its Cardano coin showed more weakness as it dropped by 12.85 within a fortnight. So The post These Factors Are Limiting The Cardano Coin Growth […]

XRP investors are hopeful that a potential court victory against the SEC could send the altcoin price at least 50% higher. XRP is hoping that the token could see a massive price rally in 2022 based off the fingers-crossed assumption that Ripple will win its long-running legal battle against the U.S. Securities and Exchange Commission (SEC).Hinman documents to save XRP […]

According to Fumio Kishida, the government of Japan's investment in digital transformation included issuing NFTs to local authorities using digital solutions. Fumio Kishida, the prime minister of Japan since 2021, has said the government will be making efforts to promote Web3 services, including those dealing with nonfungible tokens, or NFTs, and the Metaverse.In an Oct. 3 […]

With the Shiba Eternity download day now scheduled for October 6, Shiba Inu (SHIB) is starting to show signs of optimism. Supporters of the memecoin have pinned hopes on the prospects of Shiba Eternity’s success. The game download day was originally scheduled for October 1 but the developers pushed the date for a bit. While The post Shiba Eternity Download Day: The Big Catalysts Shiba Inu […]

The world’s largest crypto exchange Binance has sent over 5 billion Terra Classic (LUNC) tokens to the burn address. Binance earlier announced burning trading fees on LUNC spot and margin trading pairs every Monday after the Terra community expresses dissatisfaction with the “opt-in button” proposal. As a result, the LUNC price jumps over 5%. Binance The post Breaking: Binance Confirms […]

The Securities and Exchange Commission (SEC) pressed charges against American celebrity Kim Kardashian. However, Kim paid around $1.26 million in penalties in order to settle the charges. Meanwhile, John Deaton, Amicus Curiae in the XRP lawsuit has highlighted the commission’s new approach towards crypto in the complaint. SEC chair changing narrative over crypto? Deaton mentioned The post XRP […]

Amid the ongoing downtrend in the crypto market, the Shiba Inu coin price has witnessed a steady drop for nearly two months. The evident lower highs and lowers lows show the market sentiment is following the selling on rallies motto. Furthermore, the technical chart reflects that falling prices have restricted its downfall within two converging The post Here’s Why Shiba Inu Holders May Lose […]

From profile pictures to celebrity endorsements, the NFT space has changed a lot since the market boom in 2021. Over the last two years, nonfungible tokens (NFTs) have emerged as one of the most active and noticeable aspects of Web3.The data stored on blockchains by NFTs may be connected with files that include various forms of media, such as photographs, videos and audio. In […]

Singapore considered as the tax haven for cryptocurrencies has taken a huge hit as many big digital asset related firms collapsed this year. However, Singapore earlier decided to harden its stance on the trade of cryptocurrencies. Terra collapse taking Singapore down? As per reports, the recently worldwide launched manhunt for Do Kwon, Chief of Terraform The post Terra Do Kwon Demolishing […]

The growth in Bitcoin added to the layer-2 Lightning Network has electrified over the past year, hitting 4,000 Bitcoin less than four months ago. Bear markets are for building out capacity on the layer-2 Lightning Network. Despite macroeconomic headwinds and sluggish price action, the Lightning Network, the layer-2 payments solution fo Bitcoin (BTC), continues to flourish.The […]

The United States SEC charged the American celebrity and influencer for promoting a cryptocurrency asset security without disclosing payments received to her followers. American socialite Kim Kardashian will pay $1.26 million in penalties for her involvement in the promotion of a cryptocurrency scheme called EthereumMax (EMAX).The United States Securities and Exchange […]

Binance claimed that its compliance infrastructure is among the best in the world and has helped them to obtain regulatory approval even in countries where they were deemed illegal until last year. Global cryptocurrency exchange Binance has signed a memorandum of understanding (MoU) with the Financial Monitoring Agency of the Republic of Kazakhstan as a part of its global law […]

Some are arguing that it would be healthy to admit that Ether staking is not for everyone yet. After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some community members believe that the staking process is too difficult, especially for regular people. In the […]

The crypto industry has brought many ways of earning tokens and other digital assets. And among crypto enthusiasts’ favorites are NFTs and the so-hunted airdrops and giveaways.    Looking for NFT airdrops and giveaways can be an excellent opportunity for users who are trying to learn more about these assets and may bring them some The post Best NFT Airdrops and Giveaways for October 2022  […]

”Crypto is the most volatile asset out there” is what we always hear. However, stablecoins like USDC and USDT gave a medium of exchange in which traders can find almost the same comfort as withholding fiat money.  Stablecoins managed to create a degree of stability for traders and attract and give courage to more people The post USDC VS. USDT: How Are They Different? appeared first on […]

GBR Coin (GBR), a blockchain project with its headquarters situated in Dubai, has recently launched the ICO of its crypto token, GBR Coin (GBR), on its official website. The ICO will be active for the next two months, allowing interested investors to purchase GBR tokens at pre-sale prices.  The GBR token was minted on the The post GBR Coin’s ICO Has Been Shortened To 2 Months After Its Launch […]

The October vibes bring along many crypto airdrops ready to be explored and find their enthusiasts. In this article, we will talk about some of the top free crypto airdrops available for October 2022.    While some projects do not require any type of registration, others may ask you to register on their website and fill out some The post Top Free Crypto Airdrops for October 2022  appeared […]

It is a new day on 1xBit, the crypto betting platform, as it gets ready to unveil its latest addition. 1xBit completed a recent upgrade to enable it to accept Polygon (MATIC) as a payment method on the website. The latest change is a welcome development for the crypto space and bettors on 1xBit, who The post Innovations Never Cease: Polygon Has Been Added to 1xBit appeared first on Coindoo.

It isn‘t news that crypto is one of the most popular topics worldwide. And considering the latest events and the sudden changes in the cryptocurrency industry, it is understandable that almost everyone is talking about it, and so the number of crypto investors is increasing remarkably.    And among all the topics related to crypto, NFTs The post Top NFT Sellers – Who Dominates the NFT […]

Tezro has announced that USTC token holders can now exchange USTC for TezroST, which is Tezro’s official shopping token backed by Tether (USDT).  The exchange rate will be $1 per USTC token, and it is now possible for users to successfully swap USTC for TezroST on Android at the same rate. Moreover, users can even The post Tezro Users Can Now Swap USTC For TezroST Via Android At $1 Exchange […]

Since the emergence of stablecoins, cryptocurrency trading has become more accessible to traders for the simple fact that they now have a fiat point of reference for these internet assets. And Tether (USDT) is just one of the many.  For some, it’s the rockstar of stablecoins. For others, it’s a suspicious printing machine meant to The post Stablecoins: What is USDT? appeared first on […]

In the investment world, it is essential to understand all sides of it to prosper. One of the most important questions has been whether active or passive income is more profitable. According to specialists, although both investing methods are beneficial, passive investments have garnered more investment flows than active investments. Moreover, if looking from the The post Why Approach Passive […]

Whether you’re planning to start trading or simply hold crypto coins for future investments, a cryptocurrency wallet is a must-have. So, considering your goal, you need to know how to choose the right crypto wallet. In this industry, wallets are essential for owning and investing in cryptocurrencies, regardless of their type. But since there are The post A Complete Guide to Pick Your […]

Bitcoin is a decentralized digital currency unrelated to a central bank or single administrator. It has been a game-changer when it comes to online activities implying sending or receiving a specific payment. And considering the fact that BTC transactions are usually safe and quickly validated, it is pretty common to notice the use of Bitcoin The post What Are the Benefits of Using Bitcoin in […]

These Altcoins could dethrone Bitcoin as the long-time ruler of the crypto market. All altcoins have been created with the purpose of overthrowing Bitcoin from its domination position in the crypto market.  Even if, in the beginning, few believed they could ever gain the power to compete with the ruler of the industry, they have The post These Altcoins Have The Biggest Potential Beyond 2022 […]