Cryptocurrency news

• Cryptocurrency: What is ‘the Merge’ and when will the software upgrade for the Ethereum platform take place? - AS USA

  29-08-2022 23:42 via en.as.com
  Cryptocurrency: What is ‘the Merge’ and when will the software upgrade for the Ethereum platform take place?  AS USA
  
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• Lawyer Roche claims statements he made about Ava Labs are false due to intoxication

  29-08-2022 23:15 via cointelegraph.com
  He claims that the recordings were a setup by a third party to discredit the lawyer and his firm, but the “whistleblowing” website is standing by its story.
  
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• Lawyer Roche alleges statements he made about Ava Labs are false, the result of intoxication

  29-08-2022 23:15 via cointelegraph.com
  He claims that the recordings were a setup by a third party to discredit the lawyer and his firm, but the “whistleblowing” website is standing by its story.
  
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• Ethereum Might Crash After The Current Supply Zone, Analysts Predict

  29-08-2022 23:06 via newsbtc.com
  The crypto market is spiraling downwards, especially Ethereum and other altcoins. The overall market cap lost $50 billion last weekend, leaving the current figure at $950 billion. Unfortunately, it eventually lost the $1 trillion mark. The price fall in Bitcoin, Ethereum, and other crypto caused the recent plunge.
  The trend emerged after the August 26 Federal Reserve annual meeting. Jerome Powell made a speech reiterating the plans of the agency to continue its hawkish approach to fighting infla
  
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• Central African Republic court says new $60,000 citizenship by crypto investment program is unconstitutional

  29-08-2022 22:45 via cointelegraph.com
  The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country.
  
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• Bitcoin Price Rebounds After Falling Below The $20,000 Mark

  29-08-2022 22:41 via newsbtc.com
  The crypto market capitalization has just dived below the $1 trillion mark. We’re not surprised, given the recent negative turn of events. Bitcoin itself has plummeted below the $20k mark. Now BTC price is at $20,143. The case is also not better for altcoins.
  Ethereum, the second colossal crypto, has also recorded some losses in price. As of August 29, ETH’s price stands at $1,537 after gaining a 7% growth.All these price losses have caused the crypto market cap to fall below the $1
  
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• Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22–29

  29-08-2022 22:00 via cointelegraph.com
  The ASIC prepares to put crypto and DeFi firmly in its sights, while Australia’s Northern Territory Racing Commission is preparing to adopt cryptocurrencies in gambling.
  
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• Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29

  29-08-2022 22:00 via cointelegraph.com
  ASIC prepares to put crypto and DeFi firmly in its sights. Australia’s Northern Territory Racing Commission is preparing to adopt cryptocurrencies in gambling
  
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• South Korean central bank eyes MiCA, says future regulations may allow ICOs again

  29-08-2022 21:30 via cointelegraph.com
  A Korean translation of the EU regulatory framework gave the Bank of Korea food for thought, and it shared its views on ICOs, stablecoins and protecting innovation.
  
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• Why Bitcoin Is Oversold As BTC Reclaims Territory North Of $20,000

  29-08-2022 21:20 via newsbtc.com
  Bitcoin was able to score some profits over today’s trading session as the market slightly rebounded after a spike in selling pressure. This saw the largest cryptocurrencies trading in the red negatively impacting market sentiment.At the time of writing, Bitcoin (BTC) trades at $20,300 with a 1% profit over the last 24 hours and a 6% loss over the past week. In the crypto top ten by market cap, BTC stands as one of the best performers only surpass by ETH’s price by 4% over the same p
  
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• Central African Republic top court blocks purchases with new cryptocurrency - Reuters

  29-08-2022 21:17 via reuters.com
  Central African Republic top court blocks purchases with new cryptocurrency  Reuters
  
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• Price analysis 8/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

  29-08-2022 21:04 via cointelegraph.com
  Bitcoin bulls are fighting to hold the $20,000 level and several altcoins have seized upon the range-bound trading by rallying up to 10%.
  
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• Bitcoin Stablecoin Supply Ratio Is Approaching A “Buy” Signal

  29-08-2022 21:00 via newsbtc.com
  On-chain data shows the recent trend in the Bitcoin Stablecoin Supply Ratio may suggest the crypto could see a buy signal soon.
  Bitcoin Stablecoin Supply Ratio RSI 14 Is Near A “Buy” Signal
  As explained by an analyst in a CryptoQuant post, whenever the SSR RSI has gone below a value of 25 during recent years, the crypto has observed a buy signal.
  The “Stablecoin Supply Ratio” (or SSR in brief) is an indicator that measures the ratio between the market cap of Bitcoin, and
  
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• Meta announces Facebook and Instagram users can post NFTs from digital wallets

  29-08-2022 20:57 via cointelegraph.com
  “This will enable people to connect their digital wallets once to either app in order to share their digital collectibles across both," said Meta.
  
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• FBI: Hackers increasingly exploit DeFi bugs to steal cryptocurrency - BleepingComputer

  29-08-2022 20:55 via bleepingcomputer.com
  FBI: Hackers increasingly exploit DeFi bugs to steal cryptocurrency  BleepingComputer
  
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• Holders Accumulate, Blockchain Activity Decreases In Both Bitcoin And Ethereum

  29-08-2022 20:01 via newsbtc.com
  In bear markets, holders accumulate showing unwavering faith. The other side of that is a decrease in the “willingness to spend” or use the assets. The latest Intotheblock report “highlights the diverging pictures between on-chain demand and accumulation of the largest two crypto-assets.” Some people still have trouble admitting we’re currently in a bear market, but the signs are everywhere.Why would you move your money if your goal is to accumulate? It doesn’
  
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• How Bitcoin Phishing Scams Are Stealing Millions

  29-08-2022 19:43 via newsbtc.com
  Phishing comes in many forms. The main target of any cybercrime is to generate money from duplicitous actions. When a hacker targets an international business and steals their data, there is a financial incentive that pushes them to do so. As cryptocurrency becomes a more recognized financial medium, attackers are actively turning to target those with digital wallets.
  In 2021, crypto scammers took ​​$14 billion. Quite simply, as Bitcoin and other cryptocurrencies become more valuable
  
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• WATCH: Can Litecoin Lead A Crypto Recovery (Again?) | Daily TA August 29, 2022

  29-08-2022 19:42 via newsbtc.com
  In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at Litecoin, the LTCBTC and LTCETH trading pairs, and how the cryptocurrency could lead the crypto rally and outperform both Bitcoin and Ethereum.
  Take a look at the video below.
  VIDEO: Litecoin Price Analysis (LTCUSD): August 29, 2022
  Litecoin went from an enthusiast favorite during the 2017 bull run to one of the most hated coins due to its laggard tendencies and limited design. Although naysayers d
  
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• NFTs Gaming CEO apologizes for losing 12% of startup capital through crypto trading

  29-08-2022 19:15 via cointelegraph.com
  0xfanfaron has vouched to personally compensate the firm's treasury for all trading losses.
  
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• Macro Hold Tightens As Losses Spill Over To Crypto Market

  29-08-2022 19:00 via newsbtc.com
  The macro market has been influencing the price of crypto to a much larger degree in the last couple of months compared to a year ago. This is no surprise given that some of these companies, which are heavily involved in the macro market, also extended their investments to cryptocurrencies such as Bitcoin. Hence, when the macro environment affected these companies, crypto was affected. Even now, the influence continues to maintain hold.
  Losses Flow To Crypto
  Over the last week, there have been s
  
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• Sam Bankman-Fried denies report FTX plans to purchase stake in Huobi

  29-08-2022 18:15 via cointelegraph.com
  “We are not planning to acquire Huobi,” said Sam Bankman-Fried, who manages assets at Alameda Research and leads crypto exchange FTX.
  
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• Crypto Analyst Rager Scares Investors With September BTC Price Forecast

  29-08-2022 17:29 via newsbtc.com
  After the Federal Reserve annual meeting, BTC prices and other cryptocurrencies started a downhill trend on August 26. As of August 29, the market is showing no sign of recovery. Instead, the total crypto market cap has lost its $1 trillion mark. The current crypto market cap level stands at $950 billion, after losing a whopping $50 billion in 24 hours.
  BTC’s price lost its stand above $20k to settle at $19,510 on August 28. It gradually climbed to $19,853.93 on August 29 before falling to
  
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• CME Group launches euro-denominated Bitcoin and Ether futures

  29-08-2022 17:15 via cointelegraph.com
  First announced on Aug. 4, the euro-denominated Ether futures represent investment vehicles launched prior to the blockchain's transition to proof-of-stake.
  
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• Why DeFi, GameFi and SocialFi are horizontals in the Metaverse

  29-08-2022 17:12 via cointelegraph.com
  Read this article to know why DeFi, GameFi and SocialFi are not just verticals but also horizontals in a metaverse.
  
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• Bitcoin reaches 'short squeeze' trigger zone as BTC price nears $20.4K

  29-08-2022 17:09 via cointelegraph.com
  Those betting on further downside begin to see setbacks as Bitcoin starts the Wall Street trading week with a spike higher.
  
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• Where in the world are the 3AC founders? Speculations abound

  29-08-2022 16:47 via cointelegraph.com
  Rumor has it that they are heading to or already in Dubai, says a lawyer with 30 years of experience. But can they stay there forever?
  
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• Where in the world are the 3AC founders? Speculation abounds

  29-08-2022 16:47 via cointelegraph.com
  Rumor has it that they are heading to, or are already in, Dubai, says a lawyer with 30 years of experience. But can they stay there forever?
  
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• Why Ethereum Will Continue to Outperform Bitcoin During September

  29-08-2022 16:18 via newsbtc.com
  The crypto market is yet to recover from a spike in selling pressure over the weekend, with Ethereum and other cryptocurrencies almost reaching double-digit losses. Bitcoin has been one of the worst performers these past few days and might weaken during September.In the coming weeks, market participants will have their attention set on the Ethereum “Merge”, the event that will complete this network’s migration to a Proof-of-Stake (PoS) consensus. The narrative surrounding this
  
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• These 3 altcoins have completely ignored the bear market in the last 90 days

  29-08-2022 16:10 via cointelegraph.com
  Several altcoins have not only outperformed Bitcoin and Ethereum in the last three months but have also posted impressive gains.
  
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• SeedLaunch: new multi-chain launchpad features with broker support

  29-08-2022 15:57 via newsbtc.com
  Multi-chain launchpads are gaining more and more popularity among crypto entrepreneurs and investors, and all because they open up the possibility of conducting simultaneous token sales for coins created in different networks. While Ethereum and BSC remain the most popular networks, SeedLaunch, the new multi-chain launchpad created by Binance Hackathon winners, has decided to add the TON network as well. This decision was supported not only by the partners, but also by the project investors. How
  
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• Cryptocurrency ethereum plans to cut carbon emissions by 99% with upgrade - The Guardian

  29-08-2022 15:46 via theguardian.com
  Cryptocurrency ethereum plans to cut carbon emissions by 99% with upgrade  The Guardian
  
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• Calo Indoor Will Launch as First Burn-to-Earn Project With AR and GameFi

  29-08-2022 15:33 via coinjournal.net
  Hochiminh, Vietnam, 30th August, 2022, Chainwire
   
  Calo Metaverse has revealed that its second project will be Calo Indoor, the first application in the world to utilize the Burn-to-Earn (B2E) reward mechanism. The Calo Indoor app also combines AR (Augmented Reality) technology with GameFi elements that are synonymous with web3.
  Burn-to-Earn is a progression of the Move-to-Earn (M2E) trend which dominated web3 in early 2022. If M2E encourages users to join outdoor physical activities, then
  
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• 1 Cryptocurrency to Buy and Hold Forever - The Motley Fool

  29-08-2022 15:22 via fool.com
  1 Cryptocurrency to Buy and Hold Forever  The Motley Fool
  
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• South African rugby icon Siya Kolisi headlines new crypto advertising campaign

  29-08-2022 15:14 via cointelegraph.com
  
  The Springbok captain features in a new advertising campaign promoting a long-term attitude towards cryptocurrency investing in South Africa.
  
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• What the Taliban crackdown means for crypto's future in Afghanistan

  29-08-2022 14:55 via cointelegraph.com
  
  The Taliban have finally banned crypto in Afghanistan, but many users and traders call it one of the “worst” decisions taken by the government so far.
  
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• Bitcoin Cash Loses 10% In Last 24 Hours, Despite 40% Hike In Trading Volume

  29-08-2022 13:33 via newsbtc.com
  
  Bitcoin Cash had shed 24% of its value in the previous 12 days. Leading coins like Bitcoin (BTC) and Ethereum (ETH) have also experienced double-digit losses over the past 26 days as a result of the broader market slump.         BCH support present at $113.2        Bitcoin Cash key resistance spotted at $117.44        BCH price currently trades at $115.65Bitcoin Cash has already shed 10% of its value in the last 24 hours. This, despite
  
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• Binance and Virtuzone partner to enable crypto payments in UAE

  29-08-2022 13:24 via coinjournal.net
  Virtuzone, the UAE’s main provider of corporate and business formation services, and Binance partnered to enable crypto payments via Binance Pay in the UAE. 
  With this, Virtuzone becomes the first company in the country to accept crypto payments via Binance Pay for business setup, Coin Journal learned from a press release.
  Reducing barriers to entrepreneurship
  Virtuzone aims to minimize barriers to entrepreneurship by making it possible to pay for business setup processes using crypto
  
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• Kucoin Token Struggles To Hold Key Support at $8, How Low Can It Go?

  29-08-2022 13:19 via newsbtc.com
  
  The price of Kucoin Token (KCS) has struggled to hold its key support against Tether (USDT) in recent times after showing a great recovery bounce as it cracks double-digit gains. Bitcoin (BTC) being rejected from a high of $25,200 to a region of $20,000 in the past few days has negatively affected the price of other altcoins, including Kucoin Token (KCS). (Data from Kucoin)Kucoin Token (KCS) Price Analysis On The Weekly Chart 
  Weekly KCS Price Chart | Source: KCSUSDT On Tradingview.com
  From
  
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• Mt. Gox creditors dismiss rumors of massive Bitcoin dump

  29-08-2022 12:45 via cointelegraph.com
  
  Mt. Gox creditor Eric Wall said that at the moment, creditors are still unable to register where the funds should be sent to.
  
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• Merch and perfume: Formula One trademark filing paves the way for F1 NFTs

  29-08-2022 12:33 via cointelegraph.com
  
  F1 files trademark for 2023 Las Vegas Strip Circuit Grand Prix, listing NFTs and cryptocurrency in a variety of potential goods and services on offer.
  
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• Looks bare: OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days

  29-08-2022 12:33 via cointelegraph.com
  
  An ongoing debt crisis at lending platform BendDAO is also increasing the risks of the NFT bubble going bust.
  
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• Optimism price crawls back as Perpetual Protocol rebounds

  29-08-2022 12:08 via coinjournal.net
  Optimism price crawled back on Monday as investors bought the dip. The token rose to a high of $1.1150, which was the highest level since August 26. It has risen by more than 10% from the lowest level this month, giving it a market cap of over $240 million. 
  Optimism TVL rising
  Optimism is a leading blockchain project that help developers to supercharge their Ethereum projects. It is a layer-2 platform that helps them save money and boost speeds. According to its website, it has saved
  
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• MAS doesn’t trust retail crypto investments, mulling more regulations

  29-08-2022 12:06 via cointelegraph.com
  
  Regulators in Singapore say cryptocurrencies are problematic due to high market volatility and warn against retail investments in cryptocurrencies.
  
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• Oil and gas, cryptocurrency miners are Colorado's new odd couple - The Colorado Sun

  29-08-2022 12:00 via coloradosun.com
  Oil and gas, cryptocurrency miners are Colorado's new odd couple  The Colorado Sun
  
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• XEC is up by more than 30% on Monday: Here is why

  29-08-2022 11:46 via coinjournal.net
  The cryptocurrency market has performed poorly so far today, but XEC is the best performer amongst the top 100 cryptocurrencies. 
  <
  XEC, the native token of the eCash ecosystem, is the best performer amongst the top 100 cryptocurrencies today. The coin has rallied by more than 30% over the last 24 hours, outperforming the broader market in the process. 
  The broader cryptocurrency market has been underperforming in the last two weeks. The market has lost more than 1% of its value so
  
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• Ripple CEO comments on Crypto Leaks, denies funding law firm to target others

  29-08-2022 11:43 via cointelegraph.com
  
  Kyle Roche allegedly approached Ripple's CEO with an idea to invest in a law firm that would target competitor firms with similar lawsuits that Ripple was facing in the U.S.
  
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• Dubai issues crypto marketing rules to better protect investors

  29-08-2022 11:16 via cointelegraph.com
  
  Dubai's new Virtual Asset Regulatory Authority requires more clarity and transparency from industry marketers and promoters in order to protect investors.
  
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• The government’s investigation is to know what we do, says CoinSwitch CEO

  29-08-2022 11:00 via coinjournal.net
  The Indian government has been looking into the activities of CoinSwitch Kuber, and the CEO said it is because the government wants to know what the company does.
  Ashish Singhal, the CEO of Indian-based crypto exchange CoinSwitch Kuber, told Reuters, in an interview over the weekend, that the recent investigation by the Indian government into the company is to learn what it does.
  Singhal said CoinSwitch is engaging with the Indian Enforcement Directorate’s unit in the tech hub Bengaluru. H
  
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• Cardano outranks Bitcoin in global top intimate brands in new report

  29-08-2022 10:25 via cointelegraph.com
  
  The blockchain developer ranks 26 out of 600 global brands in a new report which analyzes consumers’ emotional connection to brands.
  
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• US dollar hits new 20-year high — 5 things to know in Bitcoin this week

  29-08-2022 10:08 via cointelegraph.com
  
  A familiar tale of losing stocks and a surging greenback greets Bitcoin traders this week as $20,000 fails to sustain as support.
  
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