Cryptocurrency news

• Crypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip

  01-07-2022 23:30 via cointelegraph.com
  
  Coinbase, Three Arrows Capital and MicroStrategy headline the latest business news from the world of blockchain.
  
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• DappRadar and LayerZero launch chain-agnostic staking token

  01-07-2022 23:00 via cointelegraph.com
  
  A new staking mechanism through RADAR token has been created that is set to minimize gas fees and support recurring APR across multiple blockchains.
  
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• Voyager Digital freezes trading, deposits, withdrawals and rewards, blames 3AC default

  01-07-2022 22:43 via cointelegraph.com
  
  The cryptocurrency exchange filed a notice of default to Singapore-based Three Arrows Capital earlier in the week, but promised it would continue operations.
  
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• Algorand’s token is bullish, but where are the buyers?

  01-07-2022 22:19 via coinjournal.net
  
  Algorand network grew as DeFi activity boomed in 2021
  Algo price bottomed at $0.28, but bullish signals are emerging
  ALGO will open a bullish move if it clears a minor resistance at $0.31
  Algorand ALGO/USD network grew last year on the back of booming DeFi activity. Despite the bear market this year, the network has continued to grow. As of May 7, the total value locked on Algorand was $174.74 million. The TVL eclipses a record high of $134.24 million for 2021 as of the last day of the year. The
  
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• Decentraland’s MANA may have bottomed at $0.78, but buyers be cautious

  01-07-2022 22:13 via coinjournal.net
  
  Decentraland is a blockchain protocol for powering individuals to the Metaverse.
  MANA/USD has been bearish but is keeping $0.78 support intact.
  Watch for a potential breakout or MA support for price movement confirmation.
  Decentraland’s MANA/USD has held key support of around $0.78 since mid-May. The support coincided with oversold conditions, with the RSI at 19 on May 13. However, potential surges have been muted as the overall crypto sentiment remains weak.
  Decentraland aims to power org
  
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• Bitcoin trader says expect more chop, downside, then sideways price action for BTC this summer

  01-07-2022 22:13 via cointelegraph.com
  
  Crypto Jebb and independent market analyst Scott Melker agree that the crypto market’s toughest days still lay ahead.
  
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• A Divorce Lawyer's Crash Course in Cryptocurrency | Daily Report - Law.com

  01-07-2022 22:07 via law.com
  
  A Divorce Lawyer's Crash Course in Cryptocurrency | Daily Report  Law.com
  
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• This little-known crypto token has returned 171% in 2 days with surging volume

  01-07-2022 22:05 via coinjournal.net
  
  NMR is the native token of Numeraire and has gained by triple digits in two days
  Numeraire enables equity trading via the Ethereum blockchain
  Developers hinted at progress on 1 million stock tokens
  Numeraire crypto token NMR/USD has staged a massive rally this week. The cryptocurrency had returned 171.74% in just two days as of press time. The token touched a high of $39.5 on June 30. The token traded at a low of $8 on June 29. The changes in the price highlight the intense volatility the token
  
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• Battle-hardened Ronin bridge reopens following $600M hack: Finance Redefined

  01-07-2022 22:05 via cointelegraph.com
  
  While price volatility remained a key factor, major DeFi tokens registered double digit loss over the past week as the DeFi TVL hovers near $50 billion mark.
  
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• BlockFi announces deal with FTX US, including 'option to acquire' for $240M

  01-07-2022 22:03 via cointelegraph.com
  
  According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021.
  
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• Key breakout to accelerate Bitcoin weakness as price slips below 200-day MA

  01-07-2022 21:57 via coinjournal.net
  
  Bitcoin trades at above $19,000 in a bear market and support area
  200-day moving average joined resistance for Bitcoin
  A breakout of the inside bar pattern could accelerate bear weakness
  Bitcoin BTC/USD is trading at 19,580. At the current price, the world’s largest cryptocurrency sits at support. However, Bitcoin may crash below the support as more bearish indicators emerge. Fundamentals and market sentiment also weigh on the price of Bitcoin.
  The price of Bitcoin has been so far pegged o
  
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• Shiba Inu To Finally Stop All BONE Farming - The Coin Republic

  01-07-2022 21:30 via thecoinrepublic.com
  
  Shiba Inu To Finally Stop All BONE Farming  The Coin Republic
  
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• Cryptocurrency Platform Voyager Digital Temporarily Suspends Trading, Other Functions - Morningstar

  01-07-2022 21:29 via morningstar.com
  
  Cryptocurrency Platform Voyager Digital Temporarily Suspends Trading, Other Functions  Morningstar
  
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• Cryptocurrency Elrond Up More Than 4% In 24 hours - Benzinga - Benzinga

  01-07-2022 21:28 via benzinga.com
  
  Cryptocurrency Elrond Up More Than 4% In 24 hours - Benzinga  Benzinga
  
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• Cryptocurrency Theta Fuel's Price Increased More Than 3% Within 24 hours - Benzinga - Benzinga

  01-07-2022 21:27 via benzinga.com
  
  Cryptocurrency Theta Fuel's Price Increased More Than 3% Within 24 hours - Benzinga  Benzinga
  
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• Cryptocurrency Bitcoin SV Falls More Than 5% In 24 hours - Benzinga - Benzinga

  01-07-2022 21:27 via benzinga.com
  
  Cryptocurrency Bitcoin SV Falls More Than 5% In 24 hours - Benzinga  Benzinga
  
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• $15k Possible Bottom For Bitcoin? “Delta Cap” Says So

  01-07-2022 21:00 via newsbtc.com
  
  The “delta capitalization” model of Bitcoin may suggest that around $15k could be a possible bottom for the crypto’s price.
  Past Delta Cap Trend Shows Bitcoin May Still Face More Decline Before A Bottom
  As explained by an analyst in a CryptoQuant post, the BTC market cap is now below the realized cap, but still above the delta cap.
  Before taking a look at the data, it’s best to first get a basic grasp of the three major capitalization models for Bitcoin.
  The normal market
  
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• Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB

  01-07-2022 20:50 via cointelegraph.com
  
  Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover.
  
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• Ignite CEO announces departure after seven years

  01-07-2022 20:45 via cointelegraph.com
  
  Peng Zhong stepped down as CEO roughly a month after former company head Jae Kwon said he would be leading NewTendermint, part of Ignite's split to two firms in May.
  
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• Why insurance can be a life saver for investors wealth in cryptocurrency assets | Mint - Mint

  01-07-2022 19:49 via livemint.com
  
  Why insurance can be a life saver for investors wealth in cryptocurrency assets | Mint  Mint
  
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• June roundup: who's hiring and who's firing in the crypto space

  01-07-2022 19:30 via cointelegraph.com
  
  Binance, Ripple, and Kraken are hiring, while Coinbase, Gemini, and Crypto.com have announced staff cuts.
  
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• June gloom takes on a new meaning in another 2022 down month

  01-07-2022 19:15 via cointelegraph.com
  
  The addresses mainly run by active human traders have notched more than 147,000 addresses for the first time since November.
  
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• New Bitcoin Record Paints Incredibly Bearish Picture As BTC Struggles At $19,000

  01-07-2022 19:00 via newsbtc.com
  
  Bitcoin has been setting new record trends with the bear market. This follows a bull market that had also deviated largely from its predecessors, so it comes as no surprise that the subsequent near market mirrored this behavior. Various new trends in bitcoin’s movement have cemented a bearish picture for the digital asset, and the latest in the line of records has only done more to cement this sentiment.
  Worse Quarterly Close In More Than A Decade
  Bitcoin has been in existence for about 13
  
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• Bear market? “So what,” says World Chess Champion Garry Kasparov

  01-07-2022 19:00 via cointelegraph.com
  
  Cointelegraph sat down with Chess Grandmaster Garry Kasparov at Consensus 2022 to get his thoughts on the crypto and NFT market.
  
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• Why Bitcoin Could Collapse Another 50%, Says Michael “Big Short” Burry

  01-07-2022 18:52 via newsbtc.com
  
  Former hedge fund manager Michael Burry made another bearish prediction for Bitcoin and traditional equities. Renowned for his short position which preceded the U.S. housing market crash, and one of the periods in recent economic history for the world, Burry believes more pain for BTC’s price is ahead.
  Related Reading | Shiba Inu (SHIB) Shines Green In Pool Of Crimson – Who’s Buying?
  Currently, Bitcoin is trading at $19,400 with an 8% loss in the past 7 days. The cryptocur
  
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• Tether continues to reduce commercial paper in sharp reduction since March

  01-07-2022 18:30 via cointelegraph.com
  
  The stablecoin issuer announced its intentions of removing all commercial paper from its reserves last month as it countered rumors, and it remains on schedule so far.
  
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• DappRadar launches cross-chain token staking solution

  01-07-2022 18:21 via coinjournal.net
  
  DappRadar’s cross-chain token staking is now live, the first in the industry to allow users to stake and claim rewards on any chain regardless of where they stake their RADAR tokens.
  DappRadar is making it easy for investors to earn staking rewards on any blockchain with support for the native RADAR token.
  This after the Dapp store and dApps data tracking platform’s launch of its cross-chain staking solution on Thursday. According to the DappRadar team, RADAR holders can now sta
  
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• Crypto Market Loses $60 Billion As Bitcoin Dips Below $20,000

  01-07-2022 18:00 via newsbtc.com
  
  As of June 28, the bitcoin price fluctuated slightly above the $20K mark. However, toward the end of the day, it eventually dropped to $20K. The market watch also noted the bearish state in the price of most altcoins. These include DOGE, AVAX, SOL, and many others.
  Drawing from June 29 data, Bitcoin’s price has finally plunged below the $20K mark. Many renowned cryptos like the Ethereum, Shiba Inu, and Doge tokens also feel the heat of the bearish turn in the market.
  Bitcoin Lost The $20,0
  
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• 5 Cryptocurrency to Buy Now For Future High Returns - - Business 2 Community

  01-07-2022 17:34 via business2community.com
  5 Cryptocurrency to Buy Now For Future High Returns -  Business 2 Community
  
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• Argentina carries out crypto wallet seizures linked to tax delinquents

  01-07-2022 17:24 via cointelegraph.com
  
  Argentinian tax dodgers are seeing their cryptocurrency wallets seized by the local tax authority.
  
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• Bitcoin Sees Worst Quarter In 11 Years

  01-07-2022 17:00 via newsbtc.com
  
  The leading cryptocurrency in the world, Bitcoin (BTC), saw its worst quarter-over-quarter drop in 11 years. According to data from CoinGecko, BTC has lost over 57.43% in the second quarter of 2022. Additionally, by selling below $19,000 on the final day of Q2, Bitcoin had its most significant quarterly loss in more than a decade.
  The current state of the Bitcoin market is not good. The position was favorable even at the end of Q1 when it was approaching close to $50,000. But after that, things
  
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• Avoiding Dangerous Web3 Projects

  01-07-2022 16:58 via crypto-news.net
  
  Why exactly is it that whenever large groups of people start to notice and get involved in a wholly new space, some initiatives are born that can be very damaging to the uncertain exploring individual?   It is very likely to be pure human nature – once highly attractive monetary incentives appear, greed and urgency […]
  The post Avoiding Dangerous Web3 Projects appeared first on Crypto-News.net.
  
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• Ashanti aims to bring women to Web3, says “owning is important” at NFT music meetup

  01-07-2022 16:39 via cointelegraph.com
  
  R&B legend Ashanti explains how music NFTs have allowed her to own her intellectual property during a panel discussion at her first-ever crypto event.
  
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• Experts weigh in on European Union’s MiCa crypto regulation

  01-07-2022 16:35 via cointelegraph.com
  
  Modulus CEO Richard Gardner believes that the new regulation may signal the end of the current digital asset downturn.
  
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• Ethereum (ETH) Bends Toward $1,000 As Doubt Fills Crypto Markets

  01-07-2022 16:30 via newsbtc.com
  
  Ethereum (ETH) traded in tandem with risky assets on the final session of the first half of the year, due to persisting fears of greater inflation and rising interest rates. Some analysts say this might set the stage to more decreases heading into the third quarter.
  Following a four-day losing skid, ETH’s price fell roughly 6 percent to $1,044 on Thursday. The ETH/USD pair has also broken below its interim rising trendline support, creating an “ascending triangle” pattern in co
  
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• Cryptocurrency VeChain Rises More Than 5% In 24 hours - Benzinga - Benzinga

  01-07-2022 16:16 via benzinga.com
  
  Cryptocurrency VeChain Rises More Than 5% In 24 hours - Benzinga  Benzinga
  
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• Cryptocurrency Algorand's Price Increased More Than 7% Within 24 hours - Benzinga - Benzinga

  01-07-2022 16:14 via benzinga.com
  
  Cryptocurrency Algorand's Price Increased More Than 7% Within 24 hours - Benzinga  Benzinga
  
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• TON Foundation launches Ethereum Name Service-like domain names

  01-07-2022 15:47 via cointelegraph.com
  
  After launching the TON DNS, the TON Foundation will conduct an auction of the first “.ton” domain names on July 30.
  
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• Floyd Mayweather sums up everything that is wrong with crypto

  01-07-2022 15:41 via coinjournal.net
  
  Mayweather has connections to multiple rug pulls and scams
  The superstar boxer has purged his social media of reference to his promotions, but the Internet is forever
  He is an example of the opportunity that exists in crypto for those without a conscience 
  I love crypto.
  I believe Bitcoin can make the world a better place – a digital, decentralised form of money with a hard supply cap, the likes of which the world has never seen before.
  I especially think innovation within stablecoin
  
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• What bear market? This token is quietly making new highs, up 300% against Bitcoin in 2022

  01-07-2022 15:25 via cointelegraph.com
  
  Unus Sed Leo price technicals, however, suggest that the uptrend could correct in H2 2022.
  
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• Layer-1 blockchains: How crypto winter could slow the challenge to Ethereum

  01-07-2022 15:23 via cointelegraph.com
  
  A Chainalysis report analyzes the layer-1 blockchain ecosystem, questioning if alternative L1s will continue to challenge Ethereum this crypto winter.
  
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• Luna Classic and USTC correction – Top Altcoin Cryptocurrency Prices Today - Analytics Insight

  01-07-2022 15:21 via analyticsinsight.net
  Luna Classic and USTC correction – Top Altcoin Cryptocurrency Prices Today  Analytics Insight
  
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• No Man's Sky players have created an in-game cryptocurrency that works because it has no value - Rock Paper Shotgun

  01-07-2022 15:15 via rockpapershotgun.com
  
  No Man's Sky players have created an in-game cryptocurrency that works because it has no value  Rock Paper Shotgun
  
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• How cryptocurrency could have saved the Roman Empire - citywireselector.com

  01-07-2022 15:13 via citywireselector.com
  How cryptocurrency could have saved the Roman Empire  citywireselector.com
  
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• Self-custody is key during extreme market conditions: Here's what experts say

  01-07-2022 14:53 via cointelegraph.com
  
  Self-custody is what crypto was built for, while bear markets are nothing new to Bitcoin and other cryptocurrencies, industry executives say.
  
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• With Bitcoin Crashing, Is Cryptocurrency Adoption Slowing Down? - The Motley Fool

  01-07-2022 14:15 via fool.com
  
  With Bitcoin Crashing, Is Cryptocurrency Adoption Slowing Down?  The Motley Fool
  
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• Shiba Inu (SHIB) Shines Green In Pool Of Crimson – Who’s Buying?

  01-07-2022 14:06 via newsbtc.com
  
  On Friday, the price of Shiba Inu (SHIB) increased, despite the fact that the rest of the cryptocurrency market is suffering significant losses because of a prolonged unfavorable trend.
  Apparently, the dog-themed coin’s price has risen 3.74 percent in the last 24 hours and is presently trading at $0.0000001026, leading the market in daily advances among the top 100 cryptocurrencies by market capitalization, according to statistics from CoinMarketCap.
  Bears have successfully knock
  
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• Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam – Bitcoin News - Bitcoin News

  01-07-2022 13:53 via news.bitcoin.com
  
  Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam – Bitcoin News  Bitcoin News
  
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• 1 Cryptocurrency to Avoid No Matter What - The Motley Fool

  01-07-2022 13:45 via fool.com
  
  1 Cryptocurrency to Avoid No Matter What  The Motley Fool
  
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• Deutsche Bank analysts see Bitcoin recovering to $28K by December

  01-07-2022 13:16 via cointelegraph.com
  
  Deutsche Bank analysts forecast a 30% recovery for Bitcoin by December driven by correlation to S&P 500.
  
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