Cryptocurrency news

• Turns Out Cryptocurrency Is Not a Safe Haven Asset After All - Observer

  10-05-2022 23:24 via observer.com
  
  Turns Out Cryptocurrency Is Not a Safe Haven Asset After All  Observer
  
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• Environmental groups urge US government to take action on crypto miners

  10-05-2022 23:11 via cointelegraph.com
  
  Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews” around operating permits.
  
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• Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall - S&P Global

  10-05-2022 22:53 via spglobal.com
  Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall  S&P Global
  
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• Yellen points to hedge funds, unregulated cryptocurrency as sources of instability - The Hill

  10-05-2022 22:51 via thehill.com
  
  Yellen points to hedge funds, unregulated cryptocurrency as sources of instability  The Hill
  
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• Will Mercury In Retrograde Bring A Mood Shift In Bitcoin?

  10-05-2022 22:35 via newsbtc.com
  
  Bitcoin is in free fall, just as Mercury goes retrograde for the second time in 2022. The astrological event is blamed for all kinds of miscommunications and technology-related issues. It also appears to have a correlation with major mood shifts and pivot points in Bitcoin price.
  With today starting another phase of Mercury in retrograde, let’s take a look at how the planet-related phenomenon might impact price action across crypto.
  What Is Mercury In Retrograde? Examining The Astrological
  
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• Corman looks to form cryptocurrency task force - City & State Pennsylvania - cityandstatepa.com

  10-05-2022 22:17 via cityandstatepa.com
  
  Corman looks to form cryptocurrency task force - City & State Pennsylvania  cityandstatepa.com
  
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• Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip

  10-05-2022 22:11 via cointelegraph.com
  
  Stocks and altcoin prices bounced as the sell-off in BTC took a pause, but analysts continue to warn that further downside could occur shortly.
  
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• A cryptocurrency investment fund has launched in the Triangle - Axios

  10-05-2022 21:54 via axios.com
  
  A cryptocurrency investment fund has launched in the Triangle  Axios
  
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• Michael Saylor assuages investors after market slumps hurts $MSTR, $BTC

  10-05-2022 21:30 via cointelegraph.com
  
  As MicroStrategy stock slumps, Michael Saylor remains confident Bitcoin holdings will cover a potential margin-call on BTC-backed loans.
  
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• Bitcoin Long-Term Holders Start Capitulating Amid Panic

  10-05-2022 21:00 via newsbtc.com
  
  On-chain data suggests Bitcoin long-term holders have started to capitulate recently as the sharp price drop causes panic in the market.
  Bitcoin CDD Inflow Indicator Jumps Up, Showing Long-Term Holders Have Been Selling
  As pointed out by a CryptoQuant post, the recent price drop has pushed long-term holders towards selling their BTC.
  “Coin days” are the number of days a Bitcoin has remained dormant for. An example: if 1 BTC doesn’t move for 5 days, it accumulates 5 coin days.
  W
  
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• Is The Cryptocurrency Market Mirroring the Dot Com Bubble? - ETF Trends

  10-05-2022 20:47 via etftrends.com
  
  Is The Cryptocurrency Market Mirroring the Dot Com Bubble?  ETF Trends
  
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• Cryptocurrency exchange FTX opens headquarters in Fulton Market - Chicago Sun-Times

  10-05-2022 20:43 via chicago.suntimes.com
  
  Cryptocurrency exchange FTX opens headquarters in Fulton Market  Chicago Sun-Times
  
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• Wenatchee Valley gets cryptocurrency laboratory | Business | wenatcheeworld.com - wenatcheeworld.com

  10-05-2022 20:30 via wenatcheeworld.com
  
  Wenatchee Valley gets cryptocurrency laboratory | Business | wenatcheeworld.com  wenatcheeworld.com
  
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• The Fed cites worries about stablecoin in its latest Financial Stability Report

  10-05-2022 20:30 via cointelegraph.com
  
  The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC.
  
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• The Fed cites its concern about stablecoins in its latest Financial Stability Report

  10-05-2022 20:30 via cointelegraph.com
  
  The report points out stablecoin’s possible low stress resistance and overuse in leveraged cyptocurrency trading, reiterates its position on CBDC.
  
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• Cryptocurrency Lido Staked Ether Rises More Than 3% In 24 hours - Benzinga - Benzinga

  10-05-2022 20:03 via benzinga.com
  
  Cryptocurrency Lido Staked Ether Rises More Than 3% In 24 hours - Benzinga  Benzinga
  
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• Cryptocurrency FTX Token's Price Increased More Than 7% Within 24 hours - Benzinga - Benzinga

  10-05-2022 20:03 via benzinga.com
  
  Cryptocurrency FTX Token's Price Increased More Than 7% Within 24 hours - Benzinga  Benzinga
  
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• Polygon reaches level that last time triggered a 275% MATIC price rally — will history repeat?

  10-05-2022 19:41 via cointelegraph.com
  
  MATIC has rebounded sharply after testing the July 2021 support level, borrowing further upside cues from Polygon's partnership with Meta.
  
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• Polkadot’s 16th Parachain Slot Secured in Crowdloan Round

  10-05-2022 19:19 via newsbtc.com
  
  On the 6th of May, Polkadot’s most recent auction round came to an end, generating over $13.8 million and bringing a new platform to the system. The winner of this auction, Polkadex, put up 973,324 DOTs across over 6000 community member donations, demonstrating the incredible community push that was behind this win.
  Polkadot is an interoperable blockchain ecosystem that offers high levels of security, user-driven governance, high energy efficiency, and is readily built for rapid scalabilit
  
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• Consumers View Cryptocurrency As An Asset, Not A Payment Method...For Now - Forbes

  10-05-2022 19:09 via forbes.com
  
  Consumers View Cryptocurrency As An Asset, Not A Payment Method...For Now  Forbes
  
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• Crypto Liquidations Reach $1 Billion As Sentiment Falls To 10-Month Lows

  10-05-2022 19:00 via newsbtc.com
  
  The crypto market has been subject to large liquidation following the price crash. Coming out of the weekend, the market had recorded one of its worst crashes which saw bitcoin fall below the $30,000 territory for the first time this year. With this had come hundreds of millions in short liquidations. However, the bloodbath seems far from over as the market continues to crumble and liquidations have now run over the $1 billion mark.
  Crypto Traders Getting Rekt
  After the crash that rocked the mar
  
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• What are the top social tokens waiting to take off? | Find out now on The Market Report

  10-05-2022 18:43 via cointelegraph.com
  
  On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the top social tokens a the moment.
  
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• US Treasury Secretary reaffirms need for stablecoin regulation following UST crash

  10-05-2022 18:34 via cointelegraph.com
  
  Janet Yellen said it would be “highly appropriate” to aim for “a consistent federal framework” on stablecoins by the end of 2022 in the U.S. given the growth of the market.
  
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• Why You Absolutely Need a VPN to Avoid Cryptocurrency Theft - MUO - MakeUseOf

  10-05-2022 17:45 via makeuseof.com
  Why You Absolutely Need a VPN to Avoid Cryptocurrency Theft  MUO - MakeUseOf
  
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• UK government targets crypto in latest legislative agenda

  10-05-2022 17:21 via cointelegraph.com
  
  The Queen’s Speech for the State Opening of Parliament included bills supporting “the safe adoption of cryptocurrencies" as well as authority to "seize and recover crypto assets.”
  
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• Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers

  10-05-2022 16:32 via cointelegraph.com
  
  Bitcoin mining companies must prove carbon neutrality as new regulations come to play, but are carbon offsets enough?
  
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• ArtServe Becomes First Broward Art Nonprofit To Accept Cryptocurrency - Broadway World

  10-05-2022 16:32 via broadwayworld.com
  
  ArtServe Becomes First Broward Art Nonprofit To Accept Cryptocurrency  Broadway World
  
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• KuCoin to launch DeFi products in 2022 with fresh $150M raise

  10-05-2022 16:27 via cointelegraph.com
  
  The global crypto exchange KuCoin expects to launch decentralized wallet products later in Q2 2022, also planning to roll out its NFT marketplace Windwave in the near future.
  
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• Hyperdex Launches Mainnet to Introduce Advanced Trading Features For DeFi Users

  10-05-2022 16:24 via newsbtc.com
  
  Hyperdex, a Swiss-based decentralized exchange (DEX), announced its mainnet is finally going live following the successful period of its testnet. The launch of the mainnet brings along three major advancements on the platform, named “cubes”, enabling users to adjust to the Hyperdex network and unlock its vast capabilities.
  Going live on Wednesday, the Hyperdex mainnet will introduce the Fixed Income, Algo Trading, and Race Trading cubes, adding to a plethora of features available inc
  
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• Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June?

  10-05-2022 16:00 via cointelegraph.com
  
  ETH/BTC rallies to test its 'ascending triangle' pattern for a bullish breakout.
  
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• VAYK To Present Cuba Vacation Rental Cryptocurrency Backed Expansion Plans Online - GlobeNewswire

  10-05-2022 15:58 via globenewswire.com
  
  VAYK To Present Cuba Vacation Rental Cryptocurrency Backed Expansion Plans Online  GlobeNewswire
  
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• How Plugin’s Blockchain Technology Helps Industries Adapt To Climate Change

  10-05-2022 15:30 via newsbtc.com
  
  With the growing threat of climate change, many industries need precise weather forecasting every hour. Plugin’s blockchain solution provides decentralized, verifiable weather data.
  Problems with existing weather information technology
  Weather intelligence platforms collect weather-related information from distributed radar and satellite systems. While this is useful for gathering data from remote corners of the world, it limits the scope of weather forecasts to wider geographic regions, s
  
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• CA wants to embrace cryptocurrency. There's one big problem. - Los Angeles Times

  10-05-2022 15:30 via latimes.com
  
  CA wants to embrace cryptocurrency. There's one big problem.  Los Angeles Times
  
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• Decentralization is helping to shape the course of scientific research and business

  10-05-2022 15:17 via cointelegraph.com
  
  Decentralized science, dubbed DeSci, is creating new markets for knowledge and new opportunities on commercial markets.
  
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• Can Solana become the dominant PoS chain despite persistent outages?

  10-05-2022 15:01 via cointelegraph.com
  
  The Solana network seems to be battling persistent outages while seeking to address the industry’s trilemma.
  
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• Making money, escaping poverty: Bitcoin and Lightning in Mozambique

  10-05-2022 14:20 via cointelegraph.com
  
  A class of 2021 Bitcoiner in Mozambique is using the Lightning Network to transact while using Bitcoin to protect his savings.
  
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• Talos raises $105M to become the latest crypto unicorn valued at $1.3B

  10-05-2022 14:00 via cointelegraph.com
  
  PayPal-backed crypto firm Talos has raised fresh funding from companies like Ken Fox’s private equity firm Stripes, BNY Mellon, Citi and others.
  
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• Blue Chip NFTs 101 – What Is The Proof Collective And Who’s Behind It?

  10-05-2022 13:47 via newsbtc.com
  
  The mysterious organization known as The Proof Collective defines itself as “a private members only collective of 1,000 dedicated NFT collectors and artists.” To join the Proof Collective someone would have to, you guessed it, own their NFT. So, in theory, anybody can be a part of it. In practice, though, the floor price for one of their passes is around 88 ETH at the time of writing. The size of the investment keeps the undesirables away.
  The Proof Collective is all about NFTs. Beca
  
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• 10-month BTC price lows spark $1B liquidation as Bitcoin eyes $35K CME futures gap

  10-05-2022 13:40 via cointelegraph.com
  
  Long positions suffer across Bitcoin and altcoins as BTC gets sent back to exchanges for potential sale.
  
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• As Crypto Competition Intensifies, How Should CoinEx Futures Stand Out?

  10-05-2022 12:29 via newsbtc.com
  
  Over the past year, the trading volume of futures had surged. Thanks to the crypto bull of 2021, a wide range of decentralized projects have flourished, which has catalyzed the growth of the futures market. As the crypto bull advanced, the futures market remained popular throughout 2021. Right now, it has even surpassed the spot market and become the mainstream investment choice among crypto users. Meanwhile, the trading volume of futures has reached new highs despite the switch to a bear market
  
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• Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond

  10-05-2022 12:00 via cointelegraph.com
  
  A crypto analyst claimed that staking Bitcoin within exchanges allows them to sell it to someone else; Cointelegraph reached out to the platforms for more info.
  
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• Binance temporarily suspends LUNA, UST withdrawals citing network congestion

  10-05-2022 11:34 via cointelegraph.com
  
  The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff.
  
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• Binance suspends LUNA and UST withdrawals citing network congestion

  10-05-2022 11:34 via cointelegraph.com
  
  The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff.
  
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• Dragon War is Bringing the Most Exclusive NFT Collections to Magic Eden

  10-05-2022 10:51 via newsbtc.com
  
  NFT strategy game Dragon War has confirmed a partnership with Magic Eden, Solana’s fast-growing NFT marketplace. As part of the deal, the play-to-earn project will make Magic Eden its preferred INO launchpad, with 5,000 non-fungible tokens (NFTs) set to go live on the site on May 16, 2022.
  For the past several weeks Dragon War has been in test mode, and a number of high-profile guilds, VC partners, and KOLs have been busy exploring what the game has to offer and reporting bugs. With the fu
  
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• 'Kwontitative easing' — BTC price hits $43K in UST as Terra empties $2.2B Bitcoin bag

  10-05-2022 09:43 via cointelegraph.com
  
  A frantic effort to rescue UST continues as Bitcoin weathers the storm to receive a $35,000 target next.
  
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• ‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag

  10-05-2022 09:43 via cointelegraph.com
  
  A frantic effort to rescue UST continues as Bitcoin weathers the storm to receive a $35,000 target next.
  
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• Nouriel Roubini oversees the development of tokenized dollar replacement

  10-05-2022 09:32 via cointelegraph.com
  
  Nouriel Roubini is helping develop a tokenized financial instrument aiming to act as an alternative to the U.S. dollar for major investors.
  
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• Otherside NFTs fall below mint price while cheaper ETH sees sales volume boost

  10-05-2022 08:10 via cointelegraph.com
  
  Floor prices for some of the most popular NFT collections are slipping to their lowest levels in over a week, including the top-traded Otherdeed for Otherside Metaverse land.
  
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• Commercial smart contract adoption next market driver: Mark Cuban

  10-05-2022 08:02 via cointelegraph.com
  
  “When businesses can use smart contracts to gain a competitive advantage, they will. The chains that realize this will survive,” according to Mark Cuban.
  
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• Cryptocurrency Conundrum! Gst Council Mulls Imposing Heavy Tax: Report | Mint - Mint

  10-05-2022 07:53 via livemint.com
  
  Cryptocurrency Conundrum! Gst Council Mulls Imposing Heavy Tax: Report | Mint  Mint
  
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