Cryptocurrency news

• Bitcoin At Bullish Point After Panic Selling, Will BTC Repeat History?

  24-08-2022 23:58 via newsbtc.com
  
  The price of Bitcoin has been trading about key resistance during today’s trading session and could be positioning for a break higher if bulls managed to close the daily candle above $21,500. The cryptocurrency still records heavy losses on higher timeframes but could be on the verge of a decisive move.At the time of writing, Bitcoin (BTC) trades at $21,700 with a 1% profit and a 9% loss in the last 24 hours and 7 days respectively. As mentioned, critical resistance stands at $21,500, a da
  
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• Alameda Research co-CEO Sam Trabucco resigns, Caroline Ellison will become sole head

  24-08-2022 23:42 via cointelegraph.com
  
  After co-leading the company since 2019, Trabucco says he will be an adviser, but not a daily presence in a winding Twitter thread announcing his decision.
  
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• Bank of Finland governor says digital euro could facilitate pan-European services to consumers

  24-08-2022 23:25 via cointelegraph.com
  
  "An economy dominated by digital payments but without a strong monetary anchor would be inherently unstable," claimed Rehn.
  
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• Coinbase introduces wrapped staked ETH asset ahead of the Merge

  24-08-2022 23:15 via cointelegraph.com
  
  “Our hope is that cbETH will achieve robust adoption for trade, transfer, and use in DeFi applications,” said the crypto exchange.
  
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• NFTs are a 'natural place' for digital artists — Gal Yosef

  24-08-2022 22:42 via cointelegraph.com
  
  After launching successful nonfungible token collections, the digital artist has set his sights on metaverse NFTs, believing they will become an important market in the future.
  
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• Chiliz Price Skyrockets, Will This Bullish Run Continue?

  24-08-2022 22:30 via newsbtc.com
  
  Chiliz has burst through to the limelight by helping entertainment and sports firms with blockchain-backed tools to allow them to monetize their viewership.
  The subscription is the access link through which fans obtain voting rights and early tickets. Also, the direct access fans have to their desired soccer teams is a function of Chiliz blockchain technology and token.
  Through the CHZ token, fans can easily access the Fan Tokens of their desired soccer teams. The CHZ token is the native digital
  
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• Cosmos ATOM Breaks Above Key Resistance – Eyes $16

  24-08-2022 22:16 via newsbtc.com
  
  Cosmos (ATOM) ranged in a wedge against Tether (USDT) as it builds more strength to break above the $12 key resistance. The price of Cosmos ATOM has shown bullish strength as the price breaks above resistance after ranging for days. (Data from Binance)Cosmos ATOM Price Analysis On The Weekly Chart
  Weekly ATOM Price Chart | Source: ATOMUSDT On Tradingview.com
  From the chart, the price of ATOM saw a weekly low of $6.2, which bounced from that area and rallied to a price of $12, marking ten weeks o
  
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• Singapore authorities approve probe of 3AC on behalf of liquidators: Report

  24-08-2022 22:15 via cointelegraph.com
  
  Liquidator Teneo has recovered only a miniscule portion of the Singapore-based Three Arrows Capital so far, while cofounder Zhu has allegedly tried to sell property there.
  
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• More than $100M worth of NFTs stolen since 2021 — Elliptic

  24-08-2022 21:45 via cointelegraph.com
  
  The firm reported that although the market downturn had caused the value of NFTs to “slump”, scammers stole an estimated 4,647 of the tokens in July 2022.
  
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• Monthly Ethereum options data suggests $2K will remain an elusive target

  24-08-2022 21:40 via cointelegraph.com
  
  $1.27 billion in ETH options expire on August 26 and data signals that the price is likely to stay pinned under $2,000 until the Merge.
  
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• Tether says it would not freeze sanctioned Tornado Cash addresses unless instructed by law enforcement

  24-08-2022 21:14 via cointelegraph.com
  
  "In our dealings with law enforcement we are sometimes specifically instructed not to freeze addresses as this could alert suspects," says Tether.
  
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• Tether says it won’t freeze sanctioned Tornado Cash addresses unless instructed by law enforcement

  24-08-2022 21:14 via cointelegraph.com
  
  “We are sometimes made aware of addresses potentially related to crime and are specifically instructed not to freeze the addresses without the explicit request from law enforcement,” says Tether.
  
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• MTV adds Metaverse award category: Nifty Newsletter, Aug 17–23

  24-08-2022 21:00 via cointelegraph.com
  
  New research show that developments in the Metaverse will become a catalyst to broader adoption of NFTs.
  
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• Crypto Market Rally Stopped Short Ahead Of Reaching Full-Blown Greed

  24-08-2022 21:00 via newsbtc.com
  
  Data shows the crypto market sentiment almost entered into the greed territory before the latest rally came to an end.
  Crypto Fear And Greed Index Shows Investors Are Fearful Right Now
  According to the latest weekly report from Arcane Research, the market sentiment is currently just floating above the extreme fear region.
  The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the crypto market.
  The metric uses a numeric scale that runs
  
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• Price analysis 8/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

  24-08-2022 20:36 via cointelegraph.com
  
  Crypto traders expect a range expansion once the Jackson Hole symposium is complete and the Fed’s perspectives on inflation, interest rate hikes and the health of the economy are made public.
  
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• Cryptocurrency Elrond Rises More Than 3% In 24 hours - Benzinga

  24-08-2022 20:01 via benzinga.com
  
  Cryptocurrency Elrond Rises More Than 3% In 24 hours  Benzinga
  
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• The Hidden Cost of Cryptocurrency and NFTs - Sustainable Brands

  24-08-2022 20:00 via sustainablebrands.com
  
  The Hidden Cost of Cryptocurrency and NFTs  Sustainable Brands
  
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• Cardano Getting back to $1? Unlikely, Here’s a Few Alternatives

  24-08-2022 19:56 via newsbtc.com
  
  One of the biggest altcoins in the crypto space, Cardano is an open-sourced blockchain network and cryptocurrency that has provided significant returns since its launch in 2017. However, after massive price corrections, investors are looking for new alternatives.
  This guide will discuss three of the best alternatives to Cardano, which can potentially provide high returns in 2022.
  Cardano Price
  Similar to Ethereum, the Cardano network is an open-sourced blockchain platform that deploys smart cont
  
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• Study Shows Crypto Trading Is Dominated By US Traffic, See Who Ranks Next

  24-08-2022 19:14 via newsbtc.com
  
  The crypto market has seen minor gains over today’s trading session as major cryptocurrencies are positioned just above critical resistance levels. If the bulls can make a fresh push, Bitcoin and Ethereum might revisit higher levels and open the gate for further gains across the sector.At the time of writing, Bitcoin (BTC) trades at $21,500 with a 1% profit in the past 24 hours and Ethereum (ETH) trades at $1,680 with a 3% profit over the same time period. Both cryptocurrencies record sign
  
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• Bug bounty quadruples for Ethereum network — Up to $1M payouts ahead of Merge

  24-08-2022 19:07 via cointelegraph.com
  
  According to the Ethereum Foundation, identifying “critical bugs” — those that have a high impact or likelihood of a high impact on the blockchain — will be worth up to $1 million.
  
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• Crypto Market Sentiment Plunges To 1-Month Lows, What Lies Ahead?

  24-08-2022 19:00 via newsbtc.com
  
  The crypto market sentiment had been on the rise at the start of August, but as the month draws to a close, a market crash has dragged it back to August levels. The Fear & Greed Index had previously reached a local peak of 42 when the price of bitcoin had recovered to $25,000. However, since then, the downtrend has been on a decline back into the Fear territory.
  Fear & Greed Index At Mostly Lows
  The Crypto Fear & Greed Index has declined to a score of 25. This puts it dangerously clo
  
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• This Indicator Predicts Potential Decline Ahead For Bitcoin Price

  24-08-2022 18:18 via newsbtc.com
  
  Bitcoin and crypto market is always swinging with changes in the prices of tokens. The back-and-forth movement in prices remains the distinguishing factor that facilitates the speculative nature of the assets.
  In some cases, the movement could be favorable for the investors, especially when the bulls are on the field. However, where the bears are at play, most tables are flipped upside down due to loss of funds and money.
  The first half of 2022 brought an extreme winter within the crypto market.
  
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• Want to Hodl USDC? Check These Indicators First To Ease Doubt

  24-08-2022 18:08 via newsbtc.com
  
  USD Coin (USDC), a stablecoin developed by Circle, has suffered a great deal from frequent price volatility in the cryptocurrency market.USDC signals drop recently due to massive sell-offs
  USD Coin exhibits extreme volatility
  USDC’s weekly mean transaction volume peaks at three-year high In actuality, USDC whale addresses likewise appeared to be sending out signals that were identical.
  For instance, the signals for USD Coin have been dropping recently. Simply put, subsequent sell-offs
  
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• How Stablecoins Influence Cryptocurrency - BOSS Magazine

  24-08-2022 17:52 via thebossmagazine.com
  
  How Stablecoins Influence Cryptocurrency  BOSS Magazine
  
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• WATCH: Daily Technical Analysis August 24, 2022: Total Crypto Market Cap (TOTAL)

  24-08-2022 17:12 via newsbtc.com
  
  In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at the total crypto market cap using Elliott Wave Theory.
  Specifically, this episode looks at where the current corrective phase may be along with where the cryptocurrency market is in its overall bull cycle. Take a look at the video below.
  VIDEO: Total Crypto Market Cap Analysis (TOTAL): August 24, 2022Looking at the total cryptocurrency weekly chart, we examine the different types of corrections the
  
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• TA- Waves Protocol Looks Trapped In A Cage, Can Price Break Above $6?

  24-08-2022 17:00 via newsbtc.com
  
  The Waves protocol (WAVES) price has remained in a channel against Tether (USDT) as it attempts to break out of this trend. Despite the recent shift in the market trend, Waves protocol (WAVES) has shown little to no significant movement, as many altcoins rallied and produced double-digit gains. (Binance data)The Weekly Chart Analysis For WAVES Protocol (WAVES)
  Weekly WAVES Price Chart Analysis | Source: WAVESUSDT On Tradingview.com
  According to the chart, WAVES hit a weekly low of $4.2, then bou
  
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• Spatial digital art exhibitions to level up metaverse experiences

  24-08-2022 16:46 via cointelegraph.com
  
  Art curators are “unframing” contemporary art to create interactive experiences for metaverse goers that more closely emulate IRL experiences.
  
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• Crypto licensing roundup: Learn about the most recent approvals in the industry

  24-08-2022 16:30 via cointelegraph.com
  
  Here's where cryptocurrency firms have received the most regulatory approvals and licenses over the past few weeks.
  
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• Bitcoin Lightning Network vs Visa and Mastercard: How do they stack up?

  24-08-2022 16:30 via cointelegraph.com
  
  Bitcoin’s Lightning Network has been growing at a slow pace. What’s keeping it behind, given its high transaction throughput?
  
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• Bitcoin breakout possible as whales close in on sideways BTC price

  24-08-2022 16:25 via cointelegraph.com
  
  Order book data shows bids and asks narrowing as stocks inch higher and the U.S. dollar bounces back from a previous slip.
  
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• Best practices for cryptocurrency fraud investigations - Security Magazine

  24-08-2022 16:20 via securitymagazine.com
  
  Best practices for cryptocurrency fraud investigations  Security Magazine
  
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• YouTubers to engage in legal battle over a cryptocurrency scam video - The Financial Express

  24-08-2022 15:46 via financialexpress.com
  
  YouTubers to engage in legal battle over a cryptocurrency scam video  The Financial Express
  
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• Intel Doubles Down On Chips, Enters $30 Billion Deal To Build New Factory

  24-08-2022 15:32 via newsbtc.com
  
  Intel is not done yet. The company’s plan to become a big player in the semiconductor business is even more ambitious than we thought. Today’s news arrives via the WSJ, “Intel Corp. has struck an unusual $30 billion funding partnership with Brookfield Asset Management Inc.” Both companies will finance and build a new factory in Chandler, Arizona. Apparently, this is the first of many similar deals for Intel. 
  The company wants to build chip manufacturing capabilities
  
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• Boomer on the dancefloor! The 64 yr old Bitcoin breakdancer on investing

  24-08-2022 15:30 via cointelegraph.com
  
  One of the world's oldest breakdancers tells Cointelegraph why he's spreading the Bitcoin message across dance floors in the United States.
  
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• FDIC–FTX spat is another reason for investors to self-custody their funds

  24-08-2022 15:26 via cointelegraph.com
  
  Between the collapse of Celsius and the FDIC’s warning to FTX, consumers should be awakening to the benefits of moving their funds off of centralized exchanges.
  
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• FDIC–FTX spat is another reason for investors to get their funds off exchanges

  24-08-2022 15:26 via cointelegraph.com
  
  Between the collapse of Celsius and the FDIC’s warning to FTX, consumers should be awakening to the benefits of moving their funds off of centralized exchanges.
  
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• FDIC-FTX spat is another reason for investors to self-custody their funds

  24-08-2022 15:26 via cointelegraph.com
  
  Between the collapse of Celsius and the FDIC's warning to FTX, consumers should be awakening to the benefits of moving their funds off of centralized exchanges.
  
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• Independent Developers of Ton Announce the Latest Upgrade of the @Wallet Bot, Transforming It into a Full-Service Cryptocurrency Wallet

  24-08-2022 15:20 via newsbtc.com
  
  The development of Toncoin, designed to work in conjunction with the Telegram messaging app, has been one for the books. TON, which stands for “The Open Network,” got its own @wallet bot on Telegram’s open WebApps platform back in April, enabling users to transact Toncoin from within the messaging app. The revolutionary development has since then witnessed growth in terms of usage and transaction volumes.
  This time around, with a significant upgrade, a group of independent TON
  
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• Crypto NFT Today: The Latest News in Blockchain, Cryptocurrency, and NFTs: Aug. 24-30, 2022 - Innovation & Tech Today

  24-08-2022 15:11 via innotechtoday.com
  Crypto NFT Today: The Latest News in Blockchain, Cryptocurrency, and NFTs: Aug. 24-30, 2022  Innovation & Tech Today
  
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• Bitcoin and the banking system: Slammed doors and legacy flaws

  24-08-2022 15:01 via cointelegraph.com
  
  It’s no secret the banking system doesn’t like Bitcoin — but does that stance challenge Bitcoin-first companies? Cointelegraph investigates.
  
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• 3 reasons why Chiliz is up 35% this week — and where is CHZ price heading next?

  24-08-2022 14:53 via cointelegraph.com
  
  A mix of fundamental, on-chain and technical catalysts has driven the CHZ price to its best levels since April 2022. What's next?
  
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• Cash, Credit Or Crypto? Why Asia Retailers Are Embracing Blockchain And Cryptocurrency Payments - Forbes

  24-08-2022 14:30 via forbes.com
  
  Cash, Credit Or Crypto? Why Asia Retailers Are Embracing Blockchain And Cryptocurrency Payments  Forbes
  
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• Bitcoin Trading Hikes On DBS Digital Exchange Despite Crypto Winter

  24-08-2022 14:30 via newsbtc.com
  
  Previously Bitcoin has been fluctuating between the $20K and $25K price marks. Billions of dollars have been wiped off due to the crash in its price, particularly in the last four weeks. The loss has become the primary cause of several firms’ liquidation issues in the crypto industry.
  Certain companies have taken hard steps to sustain and balance their financial stats. An example of such companies is Celsius, a crypto lending platform. In June, the company announced the suspension of withd
  
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• Bakkt Partners With Sullivan Bank to Provide Access to Cryptocurrency Trading - MarketWatch

  24-08-2022 14:29 via marketwatch.com
  
  Bakkt Partners With Sullivan Bank to Provide Access to Cryptocurrency Trading  MarketWatch
  
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• Ethereum Merge in trouble? Developers find bugs ahead of the planned update

  24-08-2022 14:28 via cointelegraph.com
  
  Ethereum developer Péter Szilágyi announced that there was a bug that resulted in data loss in the latest release.
  
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• Uniswap eyes NFT financialization, in talks with lending protocols

  24-08-2022 13:41 via cointelegraph.com
  
  In a tweet from the head of NFT product, the exchange is allegedly in contact with several NFT lending protocols to build NFT financialization.
  
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• Cryptocurrency guru recommends this strategy for buying Bitcoin and other digital assets - Insurance News Net

  24-08-2022 13:31 via insurancenewsnet.com
  
  Cryptocurrency guru recommends this strategy for buying Bitcoin and other digital assets  Insurance News Net
  
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• TechScape: How a major change to ethereum could change cryptocurrency forever - The Guardian

  24-08-2022 13:12 via theguardian.com
  
  TechScape: How a major change to ethereum could change cryptocurrency forever  The Guardian
  
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• Kenanga Investment Bank collaborates with Ant Group to launch cryptocurrency-based applications - The Financial Express

  24-08-2022 12:59 via financialexpress.com
  
  Kenanga Investment Bank collaborates with Ant Group to launch cryptocurrency-based applications  The Financial Express
  
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• Beijing announces two-year Metaverse innovation and development plan

  24-08-2022 12:59 via cointelegraph.com
  
  The Metaverse development plan requires various municipalities to track NFT technology trends and integrate metaverse into education and tourism.
  
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