Price analysis 2/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB
Strong inflation data has pulled Bitcoin and select altcoins below their immediate support levels, signaling a few days of corrective action.
Posts published by Cointelegraph.com News 652/751
FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves
The Atlanta, Georgia-based bank joined the Federal Reserve System in 1947 and is classified as a minority-owned depository institution.
FATF agrees on roadmap for implementation of crypto standards
Part of the FATF's ‘Travel Rule’ includes recommendations that financial institutions obtain information on the originators and beneficiaries of certain crypto transactions.
5 ways CBDCs could impact the global financial system
CBDCs could revolutionize the financial system by increasing efficiency, transparency and financial inclusion while reducing the use of cash.
Bitcoin price stays under $24K as PCE data helps US dollar to near 7-week highs
Bitcoin fails to catch a break after “hot” PCE numbers punish U.S. stocks and bring DXY back from the brink of breakdown.
Bitcoin retirement plans elicit caution from regulators
Some investment experts believe adding digital assets to retirement funds could make sense when the market becomes more stable, but not right now.
Ukraine-based blockchain firm reports company 'stronger' one year into war
Russian military forces invaded areas of Ukraine in February 2022, and workers at businesses including Everstake have faced life in shelters and the constant threat of shelling.
Cointelegraph 2023 Top 100 finale: First place goes to...
Bitcoin takes the prize as the No. 1 leading player in the crypto and blockchain space on Cointelegraph’s 2023 Top 100 list.
Crypto and blockchain education becomes priority at top universities
As crypto adoption rises, more universities are offering crypto courses.
NFT Steez and Victor Solomon discuss building in Web3 and the metaverse
This week NFT Steez spoke to award-winning artist Victor Solomon about basketball, the metaverse, Web3 and his unique NFT collection.
IMF says no crypto as legal tender; community disagrees
A community member believes that the space will look back to this moment once it succeeds in making the world decentralized.
Brands: Stop treating NFT drops like ad campaigns
So many brands jumped into the NFT craze in 2022. Now, some are finding themselves stuck in an unsustainable "engagement ponzi" with users.
Bitcoin price continues to fall, but derivatives data hints at a short-term rally to $25K
This week regulators joined hands to highlight the crypto sector’s inherent risk, but pro traders fought back by adding leverage to their long positions.
VC blockchain and crypto funding drops off in Q4 2022: Report
2022 saw an overall decline in the amount of venture capital funding going into the blockchain and cryptocurrency space.
Bitcoin node connection shuts down: BlueWallet users urged to withdraw funds
BlueWallet seeks to promote self-custody solutions and greater decentralization with its decision to sever the connection to LndHub.
Emojis count as financial advice and have legal consequences, judge rules
Former SEC branch chief Lisa Braganca warned the public of the legal consequences of using the emojis.
Aussie regulators review Binance Australia Derivatives over account closures
A day after Binance Australia Derivatives sent notifications of account closures to users it wrongly classified, regulators in Australia said they’re looking into the company.
Bitcoin 2024 halving will be its 'most important' — Interview with Charles Edwards
The Bitcoin commentator and fund manager reveals why 2023 is just the start of a "new regime" for BTC price action and institutional involvement.
Aussies revealed as prime targets of Israel crypto scam syndicate
Evidence found that Australians were one of the top countries targeted in a sophisticated cryptocurrency investment scam network, which has suspected kingpins in Israel.
Man faces arrest over alleged crypto mine hidden under a school
A former facilities worker in the U.S. state of Massachusetts is alleged to have stolen nearly $18,000 worth of electricity to run 11 miners in a school’s crawl space.
Montana’s ‘right to mine’ crypto bill moves closer to passing as law
The bill seeks to enshrine crypto miners’ rights and will still have to pass muster in the states House before its signed into law by the governor.
SEC is not the appropriate regulator for stablecoins: Circle CEO
Circle boss Jeremy Allaire maintains that "payment stablecoins" are payment systems, not securities.
Coinbase new blockchain seen as 'massive confidence vote' for Ethereum
One Ethereum bull hopes the launch will help onboard a host of other crypto companies and financial institutions onto Ethereum.
Block’s Q4 Bitcoin revenue down 7% on crypto price decline
Block Inc. outperformed analyst expectations and saw its share price jump in after-hours trading, but its Bitcoin revenue dipped due to price declines.
Hong Kong crypto frenzy, DeFi token surges 550%, NBA China NFTs — Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong moves bullish On Feb. 20, the Securities and Futures Commission (SFC) of Hong Kong launched a consultation on its proposed regulatory…
US Federal Reserve denies Custodia Bank's request for Fed supervision
The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System.
IMF exec board endorses crypto policy framework, including no crypto as legal tender
The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El Salvador.
Snow Crash manuscript that coined the term ‘Metaverse’ to be auctioned by Sotheby's
The manuscript is part of a larger series of physical and digital items related to the famous book.
MEXC Global publishes proof of reserves after month long testing
The report showed high reserve ratios for USDT, USDC, BTC, and ETH.
Platypus reveals compensation plan for users' funds after attack
DeFi protocol Platypus seeks to return nearly 78% of the main pool funds by reminting frozen stablecoins.