Cryptocurrency news

• Bill Gates says NFTs and cryptocurrency based on ‘greater fool theory’ - The Hill

  15-06-2022 23:51 via thehill.com
  
  Bill Gates says NFTs and cryptocurrency based on ‘greater fool theory’  The Hill
  
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• Ukraine-based blockchain firm announces 'we're still hiring' amid market downturn, war

  15-06-2022 23:45 via cointelegraph.com
  
  According to the CEO, Everstake had made preparations for a “special fund” to tide the firm over in the event of a bear market.
  
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• Bitcoin Price Falls Toward $20,000 as Cryptocurrency Rout Deepens - The Wall Street Journal

  15-06-2022 23:44 via wsj.com
  Bitcoin Price Falls Toward $20,000 as Cryptocurrency Rout Deepens  The Wall Street Journal
  
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• Did A Bitcoin “Zig-Zag” Shake Out The Crypto Market?

  15-06-2022 23:33 via newsbtc.com
  
  Bitcoin price is shockingly close to its former 2017 peak, causing widespread panic, fear, and despair across the crypto market. But could the violent move down be a text book zig-zag correction? And if so, what does this mean for the crypto market next?
  Bitcoin Price Action Follows Deadly Zig-Zag Pattern
  Despite the narrative from 2020 forward that Bitcoin and cryptocurrencies had matured has an asset class, the recent collapse reminded the world that digital assets remain speculative. Spe
  
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• Former president of the New York Stock Exchange joins Uniswap Labs as an advisor

  15-06-2022 23:25 via cointelegraph.com
  
  Uniswap said it is betting on her experience with TradFi translating over to DeFi to further help them evolve their place in Web3.
  
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• Former president of the New York Stock Exchange joins Uniswap Labs as an adviser

  15-06-2022 23:25 via cointelegraph.com
  
  Uniswap said it is betting on her experience with TradFi translating over to DeFi to further help them evolve their place in Web3.
  
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• Ankr partners with Optimism to provide a fast and reliable RPC service for users

  15-06-2022 23:15 via cointelegraph.com
  
  Ankr also said that it will incentivize independent Optimism node operators to add their nodes to the load balancer in return for ANKR tokens.
  
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• Bitcoin extends slide as cryptocurrency selloff deepens - CBS News

  15-06-2022 23:08 via cbsnews.com
  
  Bitcoin extends slide as cryptocurrency selloff deepens  CBS NewsBitcoin Price Falls Toward $20,000 as Cryptocurrency Rout Deepens  The Wall Street JournalBitcoin: Why is the largest cryptocurrency crashing?  BBCCryptocurrency Prices: Amid Bitcoin Meltdown, Exchanges Look For Next Catalysts  Investor's Business DailyCryptocurrency market value slumps under $1 trillion  ReutersView Full Coverage on Google News
  
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• US House Ways and Means chairman asks the GAO to check out crypto in retirement plans

  15-06-2022 23:07 via cointelegraph.com
  
  It will look at the use and oversight of crypto in 401(k) and similar plans, which is controversial in many parts of the government.
  
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• Vitalik Buterin shares his thoughts on non-financial use-cases for blockchain

  15-06-2022 23:00 via cointelegraph.com
  
  Essential goals like “trust and censorship resistance" can be aided by distributed ledger technology, said Vitalik.
  
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• Fidelity’s Jurrien Timmer says BTC ‘cheaper than it looks’

  15-06-2022 22:59 via coinjournal.net
  
  Bitcoin continued to fluctuate heavily on Wednesday, falling to lows near $20,000 before bouncing above $21K, amid broader market reaction to US Federal Reserve’s 0.75% rate hike. 
  There were gains for Ethereum and other cryptocurrencies too. Overall, however, the crypto market remains in a downtrend and more weakness in price is likely.
  Fidelity’s Jurrien Timmer on BTC price
  Jurrien Timmer, the Director of Global Macro at Fidelity Investments, says BTC may actually be undervalu
  
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• Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?

  15-06-2022 22:56 via cointelegraph.com
  
  Pro traders were forced to cut their losses after margin and futures markets became over-leveraged, creating a potential entry point for bullish buyers.
  
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• MetaMask warns of security vulnerability from older versions of popular crypto wallet

  15-06-2022 22:45 via cointelegraph.com
  
  "Ultimately, we've learned that our password encryption feature's security was partially undermined by browser behavior," said the team at MetaMask.
  
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• Ethereum Pulls Darth Maul, ETH Price Recovers 10% In One Hour

  15-06-2022 22:41 via newsbtc.com
  
  Data from Coingecko, at the time of writing, records a slight recovery for Ethereum and large cryptocurrencies. The second crypto by market cap has been trending to the downside over the past weeks and was seeing briefly breaking below $1,000 on certain venues.
  Related Reading | TA: Ethereum Could Resume Decline Below $1,100, Bears In Control
  At the time of writing, Ethereum (ETH) trades at $1,180 with a 35% loss in the past 7-days. According to economist Alex Krüger, ETH’s price
  
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• ECB may cap Digital euro at 1.5T tokens — executive board member

  15-06-2022 22:30 via cointelegraph.com
  
  "Keeping total digital euro holdings between one trillion and one and a half trillion euro would avoid negative effects for the financial system,” said Fabio Panetta.
  
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• Tron Falls Sharply As Sun Scrambles To Save Stablecoin

  15-06-2022 22:29 via newsbtc.com
  
  Tron price momentum faded over the weekend, and the price has dropped by more than 40% since then. The cryptocurrency is presently having difficulty gaining traction.
  Tron Falls AS USDD  Depegs
  TRX has dropped 19% and is now trading at $0.05, its lowest level in 15 months. In the last 24 hours, the token has also been the worst performer among the top 50 cryptocurrencies.
  The token’s weakness follows the loss of the USDD algorithmic stablecoin’s dollar peg, despite founder Justi
  
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• Bitcoin trading: Momentum strategies with different moving averages

  15-06-2022 22:26 via cointelegraph.com
  
  The 20-Day moving average strategy provided good returns in 2018 and 2019, while the 50-Day MA strategy did better in 2021 and 2022.
  
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• Crypto NFT Today: The Latest News in Blockchain, Cryptocurrency, and NFTs: June 15 – June 21, 2022 - Innovation & Tech Today

  15-06-2022 22:13 via innotechtoday.com
  Crypto NFT Today: The Latest News in Blockchain, Cryptocurrency, and NFTs: June 15 – June 21, 2022  Innovation & Tech Today
  
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• Nifty Newsletter: Mastercard to enable direct NFT purchase, NFT floor prices collapse and more

  15-06-2022 22:00 via cointelegraph.com
  
  Last week, Apocalyptic Apes founder Bill Starkov told Cointelegraph that NFT holders can earn millions by licensing their NFTs.
  
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• Price analysis 6/15: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO. SHIB

  15-06-2022 21:40 via cointelegraph.com
  
  BTC and select altcoins notched small gains after the Federal Reserve rolled out a 75 basis point rate hike, but technical analysis suggests that further downside is the most realistic outcome.
  
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• Atlantic Council looks at how to maintain central bank digital currency cybersecurity

  15-06-2022 21:30 via cointelegraph.com
  
  The thinktank looked at the interplay of performance, security and privacy in possible CBDC designs and made recommendations for optimizing it.
  
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• Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation

  15-06-2022 21:10 via cointelegraph.com
  
  BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years.
  
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• Panic Vs Pandemic: Crypto Market Is More Fearful Than On Black Thursday

  15-06-2022 21:00 via newsbtc.com
  
  Following the Bitcoin and wider crypto crash, investors in the market are now more fearful than they were during Black Thursday in March 2020.
  Crypto Fear And Greed Index Now Has An Extreme Fear Value of “7”
  The “fear and greed index” is an indicator that tells us about the general market sentiment among crypto investors right now.
  The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values of the index below fifty imply that
  
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• Bitcoin is here to stay even as new innovations develop: Bybit founder

  15-06-2022 21:00 via cointelegraph.com
  
  Ben Zhou, the founder of Bybit, said that the exchange is putting some focus on educating users who are new to crypto.
  
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• FINRA chief to crypto talent being laid-off: We can give you a job

  15-06-2022 20:55 via coinjournal.net
  
  The US Financial Industry Regulatory Authority (FINRA) may as well tap into crypto talent that’s currently being laid off from various crypto firms.
  The idea was floated by FINRA CEO Robert Cook, according to a Reuters report.
  The publication quoted the regulator as saying that it needs to add to its resources as it looks to increase its crypto monitoring amid more engagements within the space from the agency’s members.
  “We’re going to need to be engaged and prepared
  
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• House committee chairman asks GAO to study cryptocurrency in DC plans - Pensions & Investments

  15-06-2022 20:03 via pionline.com
  
  House committee chairman asks GAO to study cryptocurrency in DC plans  Pensions & Investments
  
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• Kraken reiterates hiring targets as CEO denounces 'woke activists' in corporate culture

  15-06-2022 20:00 via cointelegraph.com
  
  "We recognize that hurt feelings are inevitable in a global organization that is optimizing for team outcomes above individual sentiment," said the team at Kraken.
  
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• Crypto Market In Panic Ahead Of FED Meeting, Will It See Relief Or More Pain?

  15-06-2022 19:25 via newsbtc.com
  
  The crypto market could face more volatility during today’s trading session. The U.S. Federal Reserve is set to host its Federal Open Market Committee (FOMC) meeting and possibly announce a hardline approach to combat inflation.
  Related Reading | Bitcoin Miners’ Exchange Flow Rises To Seven-Month High Amid Bloodbath
  Inflation metrics have been at their 40-year high versus the U.S. dollar. Thus, investors expect the financial institution to announce a hawkish monetary policy to t
  
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• FINRA may hire employees terminated from crypto firms: Report

  15-06-2022 19:00 via cointelegraph.com
  
  “Anybody who is getting laid off from a crypto platform and wants to work for FINRA, give me a call," said president and CEO Robert Cook.
  
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• Bitcoin Crash Sends Institutional Investors Running For The Hills

  15-06-2022 19:00 via newsbtc.com
  Small and retail investors are not the only ones getting hit hard by the Bitcoin crash. Institutional investors are also feeling the heat of the market crash. This has sent the institutional investors running as inflows had halted for the last week. Outflows from crypto and blockchain-related investments grew steadily over the course of the weeks, totaling more than $100. million.
  Institutional Investors Stay Away
  The institutional outflows for last week have been concerning for crypto investors
  
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• A look at Warren Buffett's cryptocurrency stance over the years - Invezz

  15-06-2022 18:40 via invezz.com
  
  A look at Warren Buffett's cryptocurrency stance over the years  Invezz
  
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• Decentralized DAO, EarthFund Launches To Promote Simple & Democratized Funding for World-Changing Causes

  15-06-2022 18:24 via newsbtc.com
  
  Launched today, EarthFund, a decentralized not-for-profit platform, aims to allow anyone to use blockchain technology to raise funds for causes that can promote good around the world.Blockchain technology and cryptocurrencies have a massive opportunity to better the world and become a massive force for good, but till now the technology has been used for short-term gains with very little impact being felt by those that need it. According to EarthFund co-founder, Adam Boalt, the technology “
  
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• Is Margin Trading a Safe Way to Trade Cryptocurrency? - Bitrates

  15-06-2022 18:18 via bitrates.com
  
  Is Margin Trading a Safe Way to Trade Cryptocurrency?  Bitrates
  
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• Immutable X is down by more than 6% despite TurnerSportsPR partnership

  15-06-2022 18:17 via coinjournal.net
  
  The cryptocurrency market has lost nearly $100 billion over the past 24 hours, with numerous coins and tokens trading in the red zone.  The cryptocurrency market has been in a bearish trend for the past few months, and things took another negative turn this week. The total cryptocurrency market cap has dropped below $900 billion, down by more than $2.2 trillion from the all-time high attained in November 2021. 
  At press time, the total market cap stands below the $900 billion region. B
  
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• Cryptocurrency is a symptom of the death of the American dream - The New Statesman

  15-06-2022 17:50 via newstatesman.com
  
  Cryptocurrency is a symptom of the death of the American dream  The New Statesman
  
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• Bitcoin recovers above $21k after dropping to the $20k region

  15-06-2022 17:39 via coinjournal.net
  
  The cryptocurrency market has lost nearly $100 billion over the past 24 hours as the bearish trend continues.The bear market is here, and it is in full motion. The cryptocurrency market has lost more than $2 trillion since the all-time high of $3 trillion was achieved in November 2022.
  At press time, the total market cap stands below the $900 billion region. Bitcoin and the other major cryptocurrencies have recorded massive losses over the past few days.
  At press time, Bitcoin is trading above t
  
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• Nexo says it has no exposure to 3AC

  15-06-2022 17:36 via coinjournal.net
  
  Nexo is dispelling any fears that its business will likely suffer contagion arising from the potential collapse of crypto venture platform Three Arrows Capital (3AC).
  With Celsius Network’s future still uncertain and just weeks after Terra’s collapse, the crypto sector is seeing another firm’s business teeter on the verge of an untimely demise.
  This is what’s swirling around crypto hedge fund 3AC, whose troubles boil down to possible insolvency pegged on reported liquidat
  
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• Dibbs Integrates with Circle to Bring Cryptocurrency to its Collectibles Marketplace - Business Wire

  15-06-2022 17:24 via businesswire.com
  
  Dibbs Integrates with Circle to Bring Cryptocurrency to its Collectibles Marketplace  Business Wire
  
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• Cryptocurrency? – Mountaineer Echo - The Mountaineer Echo

  15-06-2022 17:18 via flippinonline.com
  Cryptocurrency? – Mountaineer Echo  The Mountaineer Echo
  
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• Bitcoin crash wipes out El Salvador's cryptocurrency reserves - Washington Examiner

  15-06-2022 17:06 via washingtonexaminer.com
  
  Bitcoin crash wipes out El Salvador's cryptocurrency reserves  Washington Examiner
  
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• Elon Musk tweets about cryptocurrency selloff with 'cryptonight' - New York Post

  15-06-2022 16:46 via nypost.com
  
  Elon Musk tweets about cryptocurrency selloff with 'cryptonight'  New York Post
  
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• CONSENSUS 2022 HIGHLIGHTS: PlayDapp Makes 3 Major Announcements at the World’s Largest Blockchain Conference

  15-06-2022 16:32 via coinjournal.net
  
  Wilmington, Delaware, 15th June, 2022, Chainwire
  At The recent Consensus 2022 Conference, The Blockchain Middleware Provider Announced The Launch Of A Metaverse Virtual World, A New Play-to-earn Baseball Game And An Update On PlayDapp – IPX PartnershipAfter two years of running online, Consensus 2022, the world’s largest blockchain conference, finally took place in person last weekend in Austin, Texas, where the focus was non-fungible tokens (NFTs). At this historic event, global blo
  
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• Bitcoin bounces 8% from lows amid warning BTC price bottom 'shouldn't be like that'

  15-06-2022 16:25 via cointelegraph.com
  
  Hodlers catch their breath as markets digest the prospect of higher Fed rate hikes, but traders refuse to believe that Bitcoin is done dropping.
  
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• Crypto Exchange Billium Launches Revolutionary Copy Trading Platform

  15-06-2022 16:03 via newsbtc.com
  
  A Dubai-based crypto exchange is launching a revolutionary Copy Trading platform. Copy Trading is a mutually beneficial relationship for both amateur and professional traders. The platform will allow new traders to copy and trade like professionals are bringing even more innovation to the space.
  When it comes to trading, having the right information is always the difference between making a profit and a loss. With Billium, amateur traders are assured of always getting real-time updates from thei
  
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• Chainlink integrates with Moonbeam to provide price data to Polkadot developers

  15-06-2022 16:00 via cointelegraph.com
  
  Derek Yoo, the founder of Moonbeam, noted that the integration lets their platform provide “building blocks” to DeFi developers.
  
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• The crypto industry must do more to promote encryption, says Meltem Demirors

  15-06-2022 15:56 via cointelegraph.com
  
  Meltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations.
  
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• Can Cryptocurrency and Blockchain Tech Help the Marijuana Industry? - The Motley Fool

  15-06-2022 15:45 via fool.com
  
  Can Cryptocurrency and Blockchain Tech Help the Marijuana Industry?  The Motley Fool
  
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• Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund - The Guardian

  15-06-2022 15:40 via theguardian.com
  
  Cryptocurrency ‘bloodbath’ threatens multibillion-dollar hedge fund  The Guardian
  
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• Russian bank Sber to complete its first digital currency deal

  15-06-2022 15:30 via cointelegraph.com
  
  Sber was initially planning to launch its blockchain-enabled digital asset platform and the Sbercoin stablecoin by spring 2021.
  
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• A Fool's Game: Bill Gates criticizes the intangible value of NFTs

  15-06-2022 15:12 via cointelegraph.com
  
  Speaking at a conference on climate change, Gates affirmed his apprehension about the asset class, stating that it is "100% based on greater fool theory."
  
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