Cryptocurrency news

• Should you buy LTC as it consolidates at key resistance?

  12-08-2022 23:27 via coinjournal.net
  
  Litecoin is currently trading at $60.94, a 1.76% dip in the past day
  The pair is in a consolidation amid bullish indicators
  Investors should wait for it to clear above the level
  Cryptocurrencies are currently on a retracement following an industry-wide recovery. Bitcoin and Ethereum are down 3.8% and 1.92% in the past day. Litecoin’s LTC/USD dipped 1.76% in the same period.
  Created in 2011, Litecoin is one of the earliest blockchains. It was forked from bitcoin as an improvement of the pro
  
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• Hedera Hashgraph prediction as price reclaims the $0.074 level

  12-08-2022 23:20 via coinjournal.net
  
  Hedera Hashgraph is a smart contract platform that uses an algorithm for fast transactions
  HBAR has reclaimed the $0.074 level after 10% gains in the week
  HBAR could consolidate, but $0.074 remains the reference support
  Hedera Hashgraph HBAR/USD has surged by more than 10% in the past 7 days. The gains have propelled the token to higher levels, reclaiming a major resistance. If trading HBAR, it is important to watch key levels where the price may face indecision.
  Hedera Hashgraph is a blockchain
  
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• Bitcoin Is An alternative To Economic Condition, Says CEO Of Franklin

  12-08-2022 23:00 via newsbtc.com
  
  Many people are reacting differently to the current condition of Bitcoin and the global economy. In the past two consecutive quarters, the US has posted negative GDP, leading to a rate spike by the Feds. Though some individuals are stating that there is yet no inflation, its impact is gradually manifesting.
  The President and CEO of Franklin Templeton, Jenny Johnson, has aired view on the current global economic condition. Johnson stated that while the financial condition is in a sad state, Bitco
  
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• Indian authorities freeze more crypto funds over money laundering allegations

  12-08-2022 22:59 via cointelegraph.com
  
  The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld’s Indian branch until the exchange can account for the criminal proceeds it transferred out of the country.
  
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• Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined

  12-08-2022 22:30 via cointelegraph.com
  
  Majority of the DeFi tokens in the top-100 traded in green along with rest of the market in the wake of new CPI data release and several tokens registered doubled digit gains.
  
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• Is Uniswap about to go lower after a MACD crossover?

  12-08-2022 22:29 via coinjournal.net
  
  Uniswap was one of the strongest tokens in July on strong fundamentals
  The Uniswap protocol proposes a new foundation to support growth
  UNI is holding a key level, but bear weakness could heighten
  After a strong rally recently, Uniswap UNI/USD bull run is weakening. A more than 3.40% drop in the last seven days illustrates the weakening momentum. However, UNI has kept a key level, sending mixed signals about the next potential move.
  Uniswap’s gains in July were connected to improved sentim
  
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• Shiba Inu’s upside remains muted – What could happen next?

  12-08-2022 22:23 via coinjournal.net
  
  Shiba Inu momentum remains weak amid crypto recoveries
  The lack of fundamentals is the reason for the weak momentum
  SHIB has maintained an ascending triangle
  Most cryptocurrencies surged as the US inflation data showed cooling prices. However, Shiba Inu SHIB/USD defied the sentiment and maintained the same level. The token has been trading within narrow margins at $0.00001224. The level coincides with the upper bound of the consolidation zone.
  Shiba Inu’s latest indecision underlines its s
  
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• New Findings Shows Institutional Investors Take More Interest In Ethereum

  12-08-2022 22:00 via newsbtc.com
  
  As the launching of the long-awaited Ethereum upgrade, Merge, approaches, there’s a spike in institutional investment. Ethereum products are receiving more attention from big-shot investors.
  Though there is no stated period for the Merge, most developers anticipate the upgrade by September 19. However, most Ethereum derivatives are getting more investment deals as the final phase details are revealed.
  James Butterfill, the Head of Research of CoinShares, stated that investors’ sentim
  
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• Crypto Biz: A Futurist take on crypto

  12-08-2022 21:59 via cointelegraph.com
  
  The 2022 Blockchain Futurist conference in Toronto, Canada wrapped up this week. DeFi and institutional adoption of crypto were high on the agenda.
  
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• Bitcoin Bearish Signal: Whales With 1k-10k BTC Depositing To Exchanges

  12-08-2022 21:00 via newsbtc.com
  
  On-chain data shows Bitcoin exchange inflows from whales holding between 1k to 10k BTC have spiked up recently, a sign that can be bearish for the price of the crypto.
  Bitcoin Exchange Inflows Spike Up Following Rally Above $24k
  As pointed out by a CryptoQuant post, the BTC whales with between 1k to 10k BTC seem to have sent a large stack to exchanges recently.
  The “exchange inflow” is an indicator that measures the total amount of Bitcoin being transferred to wallets of all centrali
  
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• Uzbekistan blocks access to foreign crypto exchanges over unregistered trading

  12-08-2022 20:30 via cointelegraph.com
  
  The national regulator urges the industry players to comply with the local legislation.
  
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• Price analysis 8/12: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

  12-08-2022 20:30 via cointelegraph.com
  
  Bitcoin and many altcoins are carving out bottoming patterns as sentiment across the crypto and equities markets continues to improve.
  
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• Cryptocurrency Aave Up More Than 3% In 24 hours - Benzinga

  12-08-2022 20:23 via benzinga.com
  
  Cryptocurrency Aave Up More Than 3% In 24 hours  Benzinga
  
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• How Gold Continues To Prove To Be A Hedge Against Inflation

  12-08-2022 19:44 via newsbtc.com
  
  Across multiple economic downturns and bear markets, gold has proven to be a haven for investors worldwide, with many traders and investors opting to invest in it to protect their capital against value depreciation, which occurs from inflation, causing an increase in general prices.
  Because gold prices are related to the US dollar value due to gold being dollar-denominated, a stronger USD keeps the price of gold down and more controlled. A weaker USD drives the gold price higher due to increasin
  
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• Has Mark Cuban Changed His Mind on Cardano?

  12-08-2022 19:40 via newsbtc.com
  
  Billionaire entrepreneur, Shark Tank judge, and crypto investor Mark Cuban locked horns with World Mobile CEO Micky Watkins this week over the utility of projects built on Cardano.
  Cuban has historically been critical of Cardano and its utility and recently turned to Twitter to voice his skepticism around the potential for success of Cardano-based projects in Africa.The post led to Cardano advocates speaking out on Twitter. The community voiced their perspective on the blockchain’s ability
  
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• Tornado Cash DAO goes down without explanation following vote on treasury funds

  12-08-2022 19:30 via cointelegraph.com
  
  Github, Circle, dYdX, Alchemy, and Infura... All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions.
  
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• Crypto markets bounced and sentiment improved, but retail has yet to FOMO

  12-08-2022 19:15 via cointelegraph.com
  
  The total crypto market capitalization is rising toward $1.25 trillion, but an assortment of metrics show retail and institutions are not ready to “ape.”
  
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• If banks are the problem, cryptocurrency probably isn't the answer - Stuff

  12-08-2022 19:00 via stuff.co.nz
  
  If banks are the problem, cryptocurrency probably isn't the answer  Stuff
  
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• Ethereum Price Forecast Remains Bullish As Network Nears Another Milestone

  12-08-2022 19:00 via newsbtc.com
  
  Ethereum has been recording win after win over the last month. If it’s not a win in its price, then it is another step forward in its move to being a proof of stake network. These major milestones have reverberated throughout its community, spurring bullish sentiment amongst even the most skeptical of investors. Now, another milestone moving into view for the network promises even better things to come.
  Staking Nears 13.3 Million ETH
  The amount of ETH staked on the network continues to ris
  
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• Mailchimp bans crypto content creators without prior notice

  12-08-2022 18:45 via cointelegraph.com
  
  The email marketing service provider temporarily suspended crypto-related accounts due to alleged terms of service violations.
  
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• Is Cryptocurrency Safe to Use at Online Casinos? - Cryptopolitan

  12-08-2022 18:20 via cryptopolitan.com
  
  Is Cryptocurrency Safe to Use at Online Casinos?  Cryptopolitan
  
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• Fallout from crypto contagion subsides but no market reversal just yet

  12-08-2022 18:14 via cointelegraph.com
  
  With some areas of the blockchain space showing signs of a potential bottom, July showed that the market remains in a cautionary state.
  
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• Ethereum Merge upgrade date will depend on Hashrate – Vitalik Buterin

  12-08-2022 18:02 via coinjournal.net
  
  Ethereum’s co-founder Vitalik Buterin in a tweet today hinted that the actual date of the Ethereum Merge would depend on hashrate.
  Bordel.wtf had earlier predicted that the upgrade would take place on September 15 and although Ethereum Foundation and Ethereum co-founder Vitalik Buterin have not strongly asserted a date, September 15 seems to be the likely date based on the current hashrate which is at 879.2 TH/s.
  According to Butterin’s tweet, the terminal total difficulty (TTD) has
  
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• Cryptocurrency exchanges thrown another 'Curve' with recent DNS attack - SC Media

  12-08-2022 17:56 via scmagazine.com
  
  Cryptocurrency exchanges thrown another 'Curve' with recent DNS attack  SC Media
  
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• Sandbox (SAND) Price Up 76% Since June Courtesy Of Metaverse Hype

  12-08-2022 17:45 via newsbtc.com
  
  The Sandbox (SAND) has been showing bullish signals and rising steadily, recording a 0.5% spike in the market.Sandbox price on an uptrend; rises by 76%
  SAND price trades upwards; depicting a long-term bullish trend
  Sandbox is bullish due to an increased investor and influencer interest The market has seen aggressive strides in the past couple of weeks which is forecasted to be long-term. According to CoinMarketCap, The Sandbox (SAND) is down by 3.1% or at $1.30 as of this writing.SAND
  
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• Russia plans to roll out digital ruble across all banks in 2024

  12-08-2022 17:45 via cointelegraph.com
  
  Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024.
  
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• What's next for bitcoin as the cryptocurrency wrestles with $24000 - CNBC

  12-08-2022 17:24 via cnbc.com
  
  What's next for bitcoin as the cryptocurrency wrestles with $24000  CNBC
  
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• FTX partners with Paradigm for 'one-click' futures spread trading

  12-08-2022 17:04 via cointelegraph.com
  The global exchange will provide “guaranteed atomic execution and clearing of both legs” for the futures trades on eight cryptocurrencies.
  
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• Ballet Crypto CEO: Bitcoin doesn’t have to follow Ethereum on PoS

  12-08-2022 17:03 via coinjournal.net
  
  Ballet Crypto CEO Bobby Lee has added his voice to the many in the industry who say the pioneer PoW blockchain does not have to follow Ethereum’s path.
  Bobby Lee, the CEO of Ballet Crypto, a US-based crypto storage app provider, believes Bitcoin (BTC) is fine just where it is in terms of its consensus mechanism.
  Like most within the Bitcoin community, there is no need to contemplate an upgrade similar to what Ethereum (ETH) has pursued for several years now – the switch from a proof-
  
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• Cryptocurrency market: How to segment it? - INVESTOR TIMES

  12-08-2022 16:52 via investortimes.com
  
  Cryptocurrency market: How to segment it?  INVESTOR TIMES
  
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• ActivTrades review: All you need to know about ActivTrades

  12-08-2022 16:46 via coinjournal.net
  
  ActivTrades is a forex and Contracts For Difference (CFDs) broker currently headquartered in London, UK. It was founded in Switzerland in 2001 before it moved its headquarters to the UK.
  The brokerage firm offers trading services across a wide range of markets including forex, shares, ETFs and cryptocurrencies.
  In this review, we shall shed light on how ActivTrades works, its key features, its pros, its cons, and why you should use it for trading before giving our final verdict.
  How it works
  Bei
  
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• EWT price prediction as Energy Web Token jumps

  12-08-2022 16:39 via coinjournal.net
  
  The EWT price jumped sharply on Friday as demand for the coin rose. The Energy Web Token rose to a high of $4.56, which was the highest level since May this year. It has risen by more than 85% from the lowest level this year, giving it a market cap of over $170 million. 
  What is Energy Web Token?
  The world is facing an urgent need to solve the ongoing climate crisis. One way this is happening is through vast investments in electric vehicles and the overall switch to clean energy, 
  Ener
  
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• Young Black Americans Dominate The Cryptocurrency Market - Seattle Medium

  12-08-2022 16:30 via seattlemedium.com
  
  Young Black Americans Dominate The Cryptocurrency Market  Seattle Medium
  
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• ED takes action against firms dealing in cryptocurrency - The Siasat Daily

  12-08-2022 16:27 via siasat.com
  
  ED takes action against firms dealing in cryptocurrency  The Siasat Daily
  
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• Cryptocurrency Internet Computer Falls More Than 3% In 24 hours - Benzinga

  12-08-2022 16:25 via benzinga.com
  
  Cryptocurrency Internet Computer Falls More Than 3% In 24 hours  Benzinga
  
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• Built to fall? As the CBDC sun rises, stablecoins may catch a shadow

  12-08-2022 16:11 via cointelegraph.com
  Will central banks allow stablecoins to survive? Maybe as a financial instrument for the unbanked or they will be able to peacefully co-exist?
  
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• TA – Ethereum Price Faces Resistance As Merge Date Is Announced

  12-08-2022 16:09 via newsbtc.com
  
  The price of Ethereum (ETH) showed so much strength but has been hit with resistance against Tether (USDT) as the Ethereum merge is announced. 
  Ethereum price rallied with so much strength from a region of $1,670 to $1,924, as bulls anticipate the Ethereum merge from proof-of-work (POW) to proof-of-stake (POS).Ethereum merge is an upgrade on the Ethereum network from POW to POS so as to increase its network efficiency in transactions. (Data feeds from Binance)
  Ethereum Price Analysis On The
  
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• All About Web3: The Regulatory Outlook For Cryptocurrency (Podcast) - Fin Tech - United States - Mondaq

  12-08-2022 15:54 via mondaq.com
  
  All About Web3: The Regulatory Outlook For Cryptocurrency (Podcast) - Fin Tech - United States  Mondaq
  
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• Interactive Brokers Expands Cryptocurrency Trading - Traders Magazine

  12-08-2022 15:52 via tradersmagazine.com
  
  Interactive Brokers Expands Cryptocurrency Trading  Traders Magazine
  
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• Barnsley seek to end shirt sponsorship agreement with cryptocurrency site - The Guardian

  12-08-2022 15:48 via theguardian.com
  
  Barnsley seek to end shirt sponsorship agreement with cryptocurrency site  The Guardian
  
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• AAVE Slowly Climbs To $109, Resistance At $113 Looms

  12-08-2022 15:40 via newsbtc.com
  
  AAVE shows that the price is steadily rising as the coin’s bullish streak makes noise in the market.
  AAVE price is raging bullish today with its steady climb to $109 resistance level
  The coin faces hurdle at $113.50
  AAVE/USD pair support is spotted at $97.91The AAVE/USD price saw a boost of 12.02% compared to the figures yesterday as the market spikes to $109.99 from yesterday’s $105.AAVE Resistance Spotted At $113.50According to CoinMarketCap, AAVE has plunged by 0.18% as it trades
  
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• Cryptocurrency News: Arrest Made In $7B Tornado Cash Laundering Case - Investor's Business Daily

  12-08-2022 14:53 via investors.com
  Cryptocurrency News: Arrest Made In $7B Tornado Cash Laundering Case  Investor's Business Daily
  
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• Here are Bitcoin price levels to watch as BTC dips 5% from highs

  12-08-2022 14:50 via cointelegraph.com
  
  Familiar support zones are back on the radar after $25,000 proves too much for Bitcoin bulls.
  
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• Is Bitcoin and Other Cryptocurrency Mining Possible on a Phone? - Study Breaks

  12-08-2022 14:45 via studybreaks.com
  
  Is Bitcoin and Other Cryptocurrency Mining Possible on a Phone?  Study Breaks
  
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• 5 New Cryptocurrency Releases Rumored for Binance Listings - Analytics Insight

  12-08-2022 14:18 via analyticsinsight.net
  5 New Cryptocurrency Releases Rumored for Binance Listings  Analytics Insight
  
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• Uzbekistan blocks cryptocurrency exchanges - Eurasianet

  12-08-2022 14:16 via eurasianet.org
  Uzbekistan blocks cryptocurrency exchanges  Eurasianet
  
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• Huobi co-founder reportedly looks to sell majority stake valued at over $1B

  12-08-2022 14:02 via cointelegraph.com
  
  Huobi co-founder Leon Li reportedly informed about his decision to other backers of the company in a July shareholders meeting.
  
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• Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode

  12-08-2022 13:51 via cointelegraph.com
  
  The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token.
  
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• WazirX users eye other Indian cryptocurrency exchanges after ED probe - The Indian Express

  12-08-2022 13:43 via indianexpress.com
  
  WazirX users eye other Indian cryptocurrency exchanges after ED probe  The Indian Express
  
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• S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures

  12-08-2022 13:43 via cointelegraph.com
  
  Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competitors.
  
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