Cryptocurrency news

• Ethereum gone wrong? Here are 3 signs to keep an eye on during the Merge

  05-09-2022 23:30 via cointelegraph.com
  The Ethereum merge is fast approaching and those with assets at stake should keep a close eye on the following data sources.
  
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• Binance to temporarily suspend ETH and WETH deposits and withdrawals ahead of the Merge

  05-09-2022 23:25 via cointelegraph.com
  The exchange also announced plans to remove $USDC as a tradeable asset from its platform.
  
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• Bitcoiner sentenced to federal prison warns users involved in OTC trading

  05-09-2022 23:18 via cointelegraph.com
  "I'm just a regular Bitcoiner caught in the crosshairs," claimed Mark Alexander Hopkins, also known as Rizzn, prior to serving his prison sentence.
  
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• Crypto Basics: Things You Can Do With Cryptocurrency Today That You Probably Didn't Know - Crowdfund - Crowdfund Insider

  05-09-2022 23:15 via crowdfundinsider.com
  Crypto Basics: Things You Can Do With Cryptocurrency Today That You Probably Didn't Know - Crowdfund  Crowdfund Insider
  
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• Crypto miner Poolin pauses BTC and ETH withdrawals, citing 'liquidity problems'

  05-09-2022 22:59 via cointelegraph.com
  “We will make a snapshot of the remaining BTC and ETH balances on pool on September 6th to work out the balances," said Poolin.
  
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• UK regulators target Revolut for 'material misstatement' in audit: Report

  05-09-2022 22:30 via cointelegraph.com
  “The auditors are being significantly more challenging now, because they’re getting beaten up by their regulators,” an individual familiar with Revolut's situation reportedly said.
  
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• $500 Million In Bitcoin Shorts Pile In As BTC Price Sits Below $20,000, Will They Get Squeeze?

  05-09-2022 22:17 via newsbtc.com
  Bitcoin has experienced a trading session with low volatility as the cryptocurrency moves in a tight range. The cryptocurrency is flirting with a critical support zone at around $19,500 which has been able to hold despite last week’s spike in selling pressure.At the time of writing, the price of Bitcoin (BTC) trades at $19,700 with sideways movement during the last 24 hours and the past week. As the price of Bitcoin stalls, crypto investors seem to be shifting their attention to other cryp
  
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• Netflix bans crypto commercials on ad-based streaming service: Report

  05-09-2022 22:00 via cointelegraph.com
  Desperate to boost revenues, Netflix announced in July that it would be launching a cheaper subscription tier that features commercials.
  
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• Meitu Loses More Than $43M In Crypto Investments Amid Bear Market

  05-09-2022 21:52 via newsbtc.com
  During the crypto bull run last year, Bitcoin hit the $50,000 mark for the first time and exceeded many expectations. As a result, several investors purchased bitcoin at that time. The Hong Kong Tech giant Meitu was one of the companies that acquired bitcoin as a treasury reserve.
  As the market hit a decline, the tech giant suffers impairment loss. This is a type of loss where the value of an asset falls below the investment carrying value.Bitcoin has lost over 50% of its value in the second qua
  
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• Ethereum Classic books 12% rally as mining support for ETC gains pace

  05-09-2022 21:30 via cointelegraph.com
  ETC price secures a double-digit gain as its hashrate hits a record-high and BTC.com adds a Ethereum Classic mining option to its services.
  
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• Reserve Bank of India preparing to trial a CBDC with public sector banks and fintechs

  05-09-2022 21:15 via cointelegraph.com
  The trial may lead up to the introduction a CBDC in India before the end of this fiscal year, most likely in three steps; U.S.-based FIS is reportedly participating.
  
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• Old Bitcoin Supply Moves Into Derivatives, Whales Setting Up Long Positions?

  05-09-2022 21:00 via newsbtc.com
  On-chain data shows Bitcoin supply older than two years has moved into derivative exchanges recently, suggesting whales may be positioning themselves on the futures market.
  Derivative Exchange Inflow Of Bitcoin Supply Older Than 2 Years Has Spiked Up
  As pointed out by an analyst in a CryptoQuant post, the recent short-dominant open interest has gone down while some old coins have just been shifted into exchanges.
  The relevant indicator here is the “derivative exchange inflow,” which
  
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• Bitcoin Mining Difficulty Witnesses Biggest Increase Since January

  05-09-2022 20:44 via newsbtc.com
  For the world’s leading cryptocurrency, Bitcoin, 2022 has been filled with many crests and troughs. Bitcoin has passed through different dilemmas that created a twist for performance and sentiment in the industry. The chronic crypto winter of the year halved the value of most crypto assets, of which BTC got a severe blow.
  Though the beginning of the year’s second half brought a little bullish trend, the bears were still quick to take over. But that’s not all it is on the world&
  
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• Blockchain incubator valued at $100M following NGC Ventures-led Series A

  05-09-2022 20:30 via cointelegraph.com
  PANONY, a Hong Kong-based investor and consulting agency, is prioritizing Web3 startups for its incubator program.
  
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• Price analysis 9/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

  05-09-2022 20:20 via cointelegraph.com
  Bitcoin and altcoins are holding their immediate support levels, but traders are searching for a trigger to push the market higher.
  
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• What does the Fed’s fight against inflation mean for crypto? Macro analyst explains

  05-09-2022 20:00 via cointelegraph.com
  Macro analyst Lyn Alden explains why the Fed's efforts to curb inflation may take longer than expected and how they will impact the crypto markets.
  
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• Cryptocurrency News: Revolutux, Polkadot, and Celo Are Expected To Have A Great Market Run Beyond The Crypto - Bitcoinist

  05-09-2022 19:58 via bitcoinist.com
  Cryptocurrency News: Revolutux, Polkadot, and Celo Are Expected To Have A Great Market Run Beyond The Crypto  Bitcoinist
  
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• Bitcoin Struggles To Cement Its $20K Price Mark While Chainlink Outperforms

  05-09-2022 19:28 via newsbtc.com
  The crypto market hasn’t been propitious since the Fed’s interest rate hikes. As the fight against inflation becomes more aggressive, the financial markets bleed. Many coins are trading in the reds instead of recovering as investors expected. 
  Bitcoin and other altcoins have lost their last week’s gains and are now struggling to remain at expected levels. As of September 5, the trading price for most of these assets started very low, indicating a tough week ahead. 
  Re
  
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• Staking on Polkadot, explained

  05-09-2022 19:00 via cointelegraph.com
  There's a big buzz around staking right now — but when it comes to Polkadot, there's a big difference between exchanges.
  
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• Ethereum Nears Another Milestone Ahead Of Merge, Rally Incoming?

  05-09-2022 19:00 via newsbtc.com
  Ethereum has been hitting different milestones in the last year. However, with the announcement of a set date for the move to proof of stake, aka the ‘Merge,’ there has been a flurry of activity on the network, pushing it towards even more impressive records. This time around, the milestone has come in the form of the total number of unique active addresses on the network. 
  Nearing 205 Million
  The rate at which new unique and distinct Ethereum addresses are being added to the ne
  
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• New UK PM Liz Truss once said this on cryptocurrency. What to expect? | Mint - Mint

  05-09-2022 18:47 via livemint.com
  New UK PM Liz Truss once said this on cryptocurrency. What to expect? | Mint  Mint
  
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• Bitcoin Whales Sold August Rally, Will BTC Price Trend Lower?

  05-09-2022 18:41 via newsbtc.com
  Bitcoin is trending sideways into the long U.S. weekend with the price of BTC compressing around $19,500 and $20,500. The support around the lower zone of this range might be tested as the number one cryptocurrency struggles to preserve its current levels.At the time of writing, Bitcoin (BTC) trades at $19,900 with a 1.4% profit over the past 7 days and sideways price action in the last 24 hours. BTC’s price is heavily underperforming other cryptocurrencies as Ethereum (11%), Cardano (14%)
  
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• Law Decoded, Aug. 29–Sep. 5: Celsius is ready to give money back, but not much

  05-09-2022 18:30 via cointelegraph.com
  Crypto lending platform is ready to return $50 million out of $210.
  
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• AVAX Posts Over 2 Million Transactions Over The Weekend, New Highs Seen

  05-09-2022 18:30 via newsbtc.com
  Avalanche (AVAX) has been leading a couple of prominent DeFi projects including Platypus.
  Platypus is a DeFi project built on the AVAX ecosystem that won the prestigious Avalanche X Grant.
  This DeFi protocol aims to provide a user-friendly and scalable stableSwap platform.
  More so, its dream is to create an Automated Market Maker (AMM) right on top of Avalanche that boasts of open liquidity and maximized efficiency in terms of capital.
  Additional assets can be integrated into the liquidity pool
  
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• Liz Truss, who said UK 'should welcome cryptocurrencies' will be the next prime minister

  05-09-2022 17:45 via cointelegraph.com
  Winning the election to be Conservative Party leader with 57.4% of the vote from members compared to Rishi Sunak’s 42.6%, Liz Truss will be the next U.K. prime minister.
  
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• Australian Federal Police Forms Cryptocurrency Unit to Tackle Money Laundering, Offshoring: Report - CoinDesk

  05-09-2022 17:45 via coindesk.com
  Australian Federal Police Forms Cryptocurrency Unit to Tackle Money Laundering, Offshoring: Report  CoinDesk
  
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• Ethereum (ETH) Struggles Ahead Of the Merge, Can Price Retest $1,900?

  05-09-2022 17:35 via newsbtc.com
  The price of Ethereum (ETH) looks strong and shows more strength against tether (USDT), holding up compared to Bitcoin (BTC). The price of ETH is anticipated to move with more bullish sentiment circulating as we edge closer to “The Merge.” (Data from Binance)Ethereum (ETH) Price Analysis On The Weekly Chart 
  The price of ETH closed the week with so much mixed sentiment ahead of the upcoming “Ethereum Merge,” with so many bullish signs lately.
  ETH’s price was re
  
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• ATOM Expands Over 25% In Last Week, Keeps Bullish Run Since Mid-June

  05-09-2022 16:25 via newsbtc.com
  Cosmos (ATOM) has been a top-performer and exhibited a bullish fervor for the past couple of months, or since June.        ATOM up by 25% in the past seven days
          Cosmos network collaborations such as with Polkadot is likely to increase demand
          ATOM price up by .04% as of press timeATOM’s bullish streak has lingered on for the past week, showing a price pump of over 25%.
  The crypto rallying for the past week happened
  
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• Australian state police sets up crypto division to trace transactions

  05-09-2022 15:09 via cointelegraph.com
  The use of crypto in criminal activity has reportedly significantly increased since the AFP made its first crypto seizure in early 2018.
  
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• Crypto noobs: What to tell newcomer friends about digital currency

  05-09-2022 15:03 via cointelegraph.com
  A look at some of the questions that friends, family and acquaintances may have about crypto and some appropriate responses.
  
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• Chainlink (LINK) Price Struggles Underwater, Can Price Go To $10?

  05-09-2022 14:58 via newsbtc.com
  In past weeks, the Chainlink (LINK) price showed so much strength against tether (USDT) as the price of Chainlink broke out of a range as price rallied to a high of $10. The price of LINK has recently faced resistance to trend higher as the price eyes weekly support. (Data from Binance)Chainlink (LINK) Price Analysis On The Weekly Chart 
  LINK prices have dropped from around $10 to $7, finding price trading in a range as the price of LINK tries to break out of this region.
  LINK saw a weekly
  
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• FreeWoly Token: Could this New Cryptocurrency be as Big as Monero or Dogecoin? - Business 2 Community

  05-09-2022 14:54 via business2community.com
  FreeWoly Token: Could this New Cryptocurrency be as Big as Monero or Dogecoin?  Business 2 Community
  
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• What Is A Cryptocurrency Bridge - Inventiva

  05-09-2022 13:22 via inventiva.co.in
  What Is A Cryptocurrency Bridge  Inventiva
  
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• Ripples of Bitcoin adoption at Biarritz’s Surfin Bitcoin Conference in France

  05-09-2022 12:58 via cointelegraph.com
  Thanks to grassroots and big bitcoin displays of Bitcoin advocacy, could the tide be changing on France’s anti-Bitcoin sentiment?
  
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• Bank of Russia agrees to legalize crypto for cross-border payments: Report

  05-09-2022 12:00 via cointelegraph.com
  Historically opposed to the idea of using crypto as a payment method, the Bank of Russia has reportedly agreed to allow cross-border payments in crypto due to geopolitical changes.
  
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• ETH Merge: CoinGecko co-founder shares strategy for forked tokens

  05-09-2022 11:41 via cointelegraph.com
  Bobby Ong tweeted that holders can bridge their tokens back to the mainnet, unwrap their Ether and remove their liquidity to maximize ETH PoW airdrop eligibility.
  
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• What Is Cryptocurrency Circulating Supply? - The Defiant - DeFi News

  05-09-2022 11:20 via thedefiant.io
  What Is Cryptocurrency Circulating Supply?  The Defiant - DeFi News
  
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• Cradles’ New SIN System Allows You To Earn By Staking Into NFTs Of Elite Players

  05-09-2022 10:35 via newsbtc.com
  The play-to-earn (P2E) industry had been enjoying a boom, rising to prominence amid a hype-fueled crypto bull market.
  It has benefitted from the success of the gaming industry, which has managed to remain recession-proof even through the worst of economic crises. This industry continued to pull in billions of dollars when companies in other sectors were going bankrupt by the day, and this ability to bring in a steady stream of money seemed to have spilled over into the P2E space.
  That is, until
  
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• US congressman and crypto skeptic explains why a crypto ban won't work

  05-09-2022 10:31 via cointelegraph.com
  Sherman said any task force or committee set up to help and protect investors wouldn’t work as long as gullible investors keep investing in meme coins.
  
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• MicroStrategy is working on enterprise applications of Lightning, says Michael Saylor

  05-09-2022 10:05 via coinjournal.net
  Michael Saylor has revealed that MicroStrategy is working on enterprise applications of Lightning.Michael Saylor, the chairman of MicroStrategy, has revealed that the software company is enterprise applications of Lightning. He revealed this while speaking to an audience at the Baltic Honeybadger conference in Riga, Latvia, over the weekend.
  Saylor is responsible for transforming MicroStrategy into a cryptocurrency powerhouse, with the company now holding billions of dollars worth of Bitcoin.&nb
  
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• BTC price sees new $20K showdown — 5 things to know in Bitcoin this week

  05-09-2022 09:45 via cointelegraph.com
  Old all-time highs from 2017 come back to haunt Bitcoin as BTC price action fails to see relief this "Septembear."
  
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• FTX to halt Ethereum trades on Arbitrum, Solana, BSC for the ETH Merge

  05-09-2022 09:37 via cointelegraph.com
  Despite confirmation of zero downtime from Ethereum developers, FTX chose to suspend “deposits and withdrawals until the Merge is finished and networks are stable.”
  
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• FTX to halt ETH deposit and withdrawals on Arbitrum, Solana, BSC during the Merge

  05-09-2022 09:37 via cointelegraph.com
  FTX announced that the crypto trading platform will halt ETH transactions on secondary blockchains until the September upgrade concludes.
  
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• Terror groups may turn to NFTs to raise funds and spread messages — WSJ

  05-09-2022 08:10 via cointelegraph.com
  National security experts have raised the alarm bells over the "IS-NEWS #01" NFT, which is being seen as the first case of an NFT created and shared by a “terrorist sympathizer."
  
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• Cryptocurrency Sceptics Look To Bend The Ear Of Regulators - Barron's

  05-09-2022 08:06 via barrons.com
  Cryptocurrency Sceptics Look To Bend The Ear Of Regulators  Barron's
  
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• Crypto app targeting SharkBot malware resurfaces on Google app store

  05-09-2022 08:00 via cointelegraph.com
  The SharkBot malware family was first discovered last October, and has continued to evolve with new ways to hack into users' Android-based crypto and bank apps.
  
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• TA: Ethereum Bullish Despite Recent Chop; What Could Propel it to $1,700

  05-09-2022 07:08 via newsbtc.com
  Ethereum is consolidating above $1,550 against the US Dollar. ETH could rally if there is a clear move above the $1,620 resistance zone.Ethereum is trading in a positive zone above the $1,520 and $1,500 support levels.
  The price is now trading above $1,550 and the 100 hourly simple moving average.
  There is a key bullish trend line forming with support near $1,560 on the hourly chart of ETH/USD (data feed via Kraken).
  The pair could start another increase if it stays above the $1,550 and $1,530 s
  
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• Nigeria, Binance in early-stage talks for crypto-friendly economic zone

  05-09-2022 06:57 via cointelegraph.com
  The proposed partnership aims to build a crypto-friendly digital city similar to the virtual free zone in Dubai.
  
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• The most important cryptocurrency event in years is about to begin – and the biggest windfall goes to the planet - The Conversation Indonesia

  05-09-2022 06:36 via theconversation.com
  The most important cryptocurrency event in years is about to begin – and the biggest windfall goes to the planet  The Conversation Indonesia
  
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• The most important cryptocurrency event in years is about to begin – and the biggest windfall goes to the planet - The Conversation

  05-09-2022 06:36 via theconversation.com
  The most important cryptocurrency event in years is about to begin – and the biggest windfall goes to the planet  The Conversation
  
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