Litecoin Hits Short-Term Low As Price Breaks Below Parallel Channel
The Litecoin price has tanked further over the last 24 hours. On their respective charts, the prices of major altcoins reflect the price action of Bitcoin. As BTC slipped close to 3%, LTC also tanked nearly 8% on the daily chart. Recovery for…
Solana: Outshined But Not Lifeless As Network Activity Accelerates
Solana was scrutinized extensively after speculations appeared connecting it to the bankrupt FTX. The network’s perception of FTX was drastically altered by the occurrence, and the resulting fear, uncertainty, and doubt (FUD) proved…
Uniswap Stuck In The Ground As UNI Copes With Falling Network Activity
According to Santiment, the decentralized exchange Uniswap has not experienced any kind of recovery. Santiment recently tweeted that Uniswap is one of the outliers in the active addresses measure, indicating that the DEX’s native token UNI is…
Shiba Inu (SHIB) Price Continues To Decline – What’s Causing The Drop?
The past few days have seen a decline in the price of crypto assets such as Shiba Inu (SHIB), with inflation and other macroeconomic factors in play, as other cryptocurrencies registered gains. Macroeconomic factors have historically impacted…
What’s Next For Investors As Cardano Threatens To Slip Further?
The Cardano price continued to depict a strong bearish influence in the market. The coin lost over 7% of its value over the last 24 hours. On a weekly time frame, ADA was down by 14%. The extended price pullback might continue, so investors should…
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,200 to Start the Weekend
Ethereum fell below $1,200 to start the weekend, as prices continued to trade close to a multi-week low. This decline comes as market sentiment remained bearish following a big week of economic data. Bitcoin also extended recent declines, as…
FTX Collapse Has Rekindled Security and Reliability Concerns for Web3 Projects Says Marketing Expert
The fallout from the collapse of failed crypto exchange FTX is forcing Web3 brands, and projects previously focused on managing the public’s perception, to concentrate on fighting for their very legitimacy, Laura K. Inamedinova, a Web3…
Bitcoin Long-Term Holders Dump As BTC Plunges Under $17K
On-chain data shows Bitcoin long-term holders are dumping their coins as BTC plummets below the $17,000 level. Bitcoin Long-Term Holder SOPR Spikes Today As pointed out by an analyst in a CryptoQuant post, some BTC long-term holders seem to have…
The Digital Currency Group and its affiliates (DCG) cited liquidity problems as it suspended repayments, temporarily halting users from withdrawing their funds.
Capgemini: Nine out of Ten Consumers Interested in the Metaverse
A report issued by Capgemini, a consulting firm, has found that most consumers are at least curious about the metaverse and what it might bring to their lives. The report, which also examined consumer and company expectations of immersive…
UNHCR Launches Blockchain Payment Solution to Support Ukrainians Displaced by War
The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) in Ukraine. According to the agency, the use of the…
Metaverse experience to sway real-world travel choices in 2023: Survey
A survey participated by 24,179 respondents across 32 countries reveal that nearly half, or 43% of the respondents, intend to use virtual reality to inspire their choices.
Bitcoin Backpedals To $16,000 Level As Crypto Market Sheds $50 Billion
In the past 24 hours, Bitcoin has slid beneath the important support level of $17,000 as weekly bears have taken the driver’s seat. The most popular cryptocurrency is presently selling at $16,723, a decrease of 2.5% over the past week. There…
Democrats to reportedly return over $1M of SBF's funding to FTX victims
Three democratic committees, the DNC, the DSCC and the DCCC, pledged to return SBF’s political donations after the entrepreneur was charged with eight counts of financial crimes.
Brazil Could Launch Its Defi-Integrated Digital Real in 2024
Roberto Campos Neto, president of the Central Bank of Brazil, has stated that the digital real project, the Brazilian central bank digital currency (CBDC) could be launched in 2024. Campos Neto also remarked on the benefits the digital currency…
Big Short Investor Michael Burry Says Audits of Crypto Exchanges Like Binance and FTX Are ‘Meaningless’
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new kind of credit default swap. “Our…
Here are the basic facts you need to relay to newbies when they’re wanting to know about Bitcoin.This is an opinion editorial by Mark Maraia, author of “Rainmaking Made Simple” and Holly Young, a builder within the Portuguese Bitcoin…
Hal Finney’s Wife Fran Activates Her Husband’s Twitter Account to Protect It From ‘Being Purged’ by Elon Musk
Roughly seven days ago the owner of Twitter, Elon Musk, disclosed that the social media platform planned to purge 1.5 billion Twitter names if they were inactive or the accounts haven’t logged in for years. After the statement, bitcoiners…
Bahamas Corrections Commissioner Says FTX Co-Founder Bankman-Fried Is in ‘Good Spirits’ in the Prison Sick Bay
According to local reports, former FTX CEO Sam Bankman-Fried (SBF) is in “good spirits” and is being kept in the maximum security unit in the sick bay. SBF is held in custody at the Bahamas Department of Correctional Services (BDOCS), a jail called…
Hal Finney's wife resumes activity on Bitcoin pioneer's Twitter account to avoid potential purge
Under Elon Musk’s leadership, Twitter suspended a number of accounts including those controlled by high-profile journalists and social networking platform Mastodon.
Crypto Stories: Dr. Adam Back shares his life of hacks
A cartoon version of Dr. Adam Back recounts stories of hacking coded doors at university and the inception of Hash Cash in the latest of Cointelegraph Crypto Stories.
US Financial Stability Oversight Council urges congressional action on crypto
According to the FSOC, issues at FTX had “precipitated price decreases in Bitcoin and other crypto-assets” but “had a limited impact on the broader U.S. financial system.”
Bitcoin and Ethereum gave back their gains, but has anything actually changed?
Bullish crypto momentum fizzled after Fed Chair Powell poured cold water on investors’ hopes that a positive CPI report would trigger a trend change, but higher time frames remain interesting.
Basel Committee Finalizes Policy Suggesting 2% Bitcoin Exposure Cap For Banks
The BIS’ Basel Committee introduced a finalized proposal for limits to the amount of Tier 1 capital banks can hold in bitcoin.The Bank for International Settlements' (BIS) Basel Committee on Banking Supervision has finalized a proposed policy that…
Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of…
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