Cryptocurrency news

• Bitcoin Could Plummet 30% Before Upward Trends Starts, Analyst

  15-09-2022 23:49 via newsbtc.com
  The crypto market has recorded massive losses since May 2022. After the Federal Reserve announced and kicked off interest rate hikes, prices tanked due to selling pressure. Many crypto investors and operators of diverse solutions have faced different crises from market moves. 
  But it seems the end is not near yet. Even as the Merge date has finally come, analysts predict a price plunge for Bitcoin. Going by past market moves, a fall in BTC price causes altcoins to plummet and vice versa. So
  
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• US Treasury sanctions 5 crypto addresses connected to Russian neo-Nazi paramilitary group

  15-09-2022 23:28 via cointelegraph.com
  According to the Treasury Department, members of the sanctioned group fought alongside Russia’s military, including near territory Ukrainian forces reclaimed on Monday.
  
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• Golem (GLM) Leads Gain, Adding Over 20% In The Last 24 Hours

  15-09-2022 23:17 via newsbtc.com
  Many cryptocurrencies recorded price fall in the past 24 hours. For instance, Bitcoin prices have fallen by 1.65% in the past 24 hours. Even though the 7-day gain shows a 3.23%, the current level is not encouraging. 
  Ethereum hasn’t fared well, either. Its 1-hour trend shows a 0.99% loss, while the 24 hours level indicates a 1.76% fall. Looking at ETH 7 days price movement, the crypto has lost 7.02%, which is surprising given the hype around the Merge.
  Related Reading: Displaced ETH M
  
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• IOTA co-founder: Lummis-Gillibrand is a blessing for the crypto industry

  15-09-2022 23:11 via cointelegraph.com
  The bear market has been bad for cryptocurrency’s case against regulation. What comes next depends on how well we play ball, but Lummis–Gillibrand offers a favorable path forward.
  
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• Most of the crypto market is down, but Cosmos (ATOM) price is up — Why?

  15-09-2022 23:03 via cointelegraph.com
  BTC, ETH and most altcoins sold-off heavily as the Merge began, but ATOM is bucking the trend with a near double-digit gain.
  
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• Industry reps suggest improvements to Stabenow-Boozman crypto regulation bill

  15-09-2022 22:59 via cointelegraph.com
  The crypto spokespeople testified before the Senate Agriculture Committee on Thursday with analyses of the bill’s strengths and recommendations for its weaknesses.
  
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• Environmental groups want Bitcoin to follow Ethereum’s example in moving to proof-of-stake

  15-09-2022 22:46 via cointelegraph.com
  Critics have suggested Bitcoin could not operate as the same decentralized currency without a consensus mechanism like proof-of-work.
  
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• Cardano, Polygon, and Big Eyes: Three Cryptocurrency Projects That Investors Should Have in Their Crypto Portfolio - Coinspeaker

  15-09-2022 22:42 via coinspeaker.com
  Cardano, Polygon, and Big Eyes: Three Cryptocurrency Projects That Investors Should Have in Their Crypto Portfolio  Coinspeaker
  
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• Cryptocurrency Exchange Gemini Names Insider as Compliance Chief - The Wall Street Journal

  15-09-2022 21:54 via wsj.com
  Cryptocurrency Exchange Gemini Names Insider as Compliance Chief  The Wall Street Journal
  
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• WATCH: Ethereum Merge Sell The News Event | ETHUSD September 15, 2022

  15-09-2022 21:50 via newsbtc.com
  In this episode of NewsBTC’s daily technical analysis videos, we examine the price action in Ethereum following the Merge upgrade in both the ETHUSD and ETHBTC trading pairs.
  Take a look at the video below:VIDEO: Ethereum Price Analysis (ETHUSD): September 15, 2022
  Overnight last night, the Ethereum Merge upgrade occurred. As many expected, it turned out to be a sell-the-news event for the second-ranked cryptocurrency and has fallen by more than 10% intraday on the USD pair.
  ETHUSD Pa
  
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• Ex-Citadel execs raise $50M for high-frequency crypto trading platform

  15-09-2022 21:45 via cointelegraph.com
  Portofino’s backers believe that access to high-frequency trading, or HFT, could bring more hedge funds and institutional investors into crypto.
  
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• Zircon Finance launches mainnet to mitigate impermanent loss on Moonriver

  15-09-2022 21:00 via cointelegraph.com
  Impermanent loss relates to a condition wherein investors end up losing assets they had previously dedicated to providing liquidity to a liquidity pool.
  
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• Bitcoin Bearish Signal: Miners Continue Transfers To Exchanges

  15-09-2022 21:00 via newsbtc.com
  On-chain data shows miners have sent a large amount of Bitcoin to spot exchanges recently, something that can be bearish for the value of the crypto.
  Bitcoin Miners To Spot Exchanges Flow Has Surged Up Over The Past Day
  As pointed out by an analyst in a CryptoQuant post, the latest spike in the miner exchange deposits is larger than any other recent peaks.
  The relevant indicator here is the “miners to spot exchanges flow mean,” which measures the total amount of Bitcoin being transfe
  
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• Ethereum cryptocurrency completes move to cut CO2 output by 99% - The Guardian

  15-09-2022 20:48 via theguardian.com
  Ethereum cryptocurrency completes move to cut CO2 output by 99%  The Guardian
  
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• Coinbase Launches Pro-Crypto Politician Identifier After Banning Talk of Politics - Gizmodo

  15-09-2022 20:40 via gizmodo.com
  Coinbase Launches Pro-Crypto Politician Identifier After Banning Talk of Politics  Gizmodo
  
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• Crypto Mining Profitability | How to Make Money with Mining in 2022

  15-09-2022 20:26 via newsbtc.com
  It seems that crypto mining profitability has decreased with the price of Bitcoin tanking in 2022. As a result, many mining companies have temporarily closed their mining operations until the endeavor becomes profitable for them again.
  Combining the falling Bitcoin price with the Ethereum network upgrade to Proof-of-Stake (PoS) means that cryptocurrency mining profitability is taking a double hit.
  Typically, miners either mine a blockchain directly with their own mining equipment or will pool th
  
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• Singapore's financial authority grants license to SBI's digital asset arm

  15-09-2022 20:15 via cointelegraph.com
  The firm planned to launch a digital asset securities platform in Singapore, as well as provide custody, capital markets products, and corporate finance advisory services.
  
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• South Korean prosecutors apply to revoke Do Kwon and other Terra employees' passports

  15-09-2022 19:30 via cointelegraph.com
  Singapore, where Terra co-founder Do Kwon is currently staying, does not have an extradition treaty with South Korea.
  
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• U.S. Law Enforcement, Chainalysis Collaborate to Recover $30 million in Stolen Cryptocurrency - MSSP Alert

  15-09-2022 19:04 via msspalert.com
  U.S. Law Enforcement, Chainalysis Collaborate to Recover $30 million in Stolen Cryptocurrency  MSSP Alert
  
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• Displaced ETH Miners Seek Refuge In Ethereum Classic, Ravencoin

  15-09-2022 19:02 via newsbtc.com
  The Ethereum Merge was an incredibly anticipated upgrade, with good reason. It not only drastically increased the number of transactions that the network could handle, but it also greatly diminished the energy consumption of the network. However, Ethereum miners have found themselves as collateral damage in the upgrade as there is no longer a need for their highly specialized mining hardware. Given this, ETH miners have had to find alternatives for this hardware.
  The Great Exodus
  In less than on
  
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• AVAX Price Rebound Fails To Breach $22 Resistance Due To High CPI Data

  15-09-2022 18:55 via newsbtc.com
  AVAX had time to recoup from June to July and then in August, the token slipped and formed a bullish cup and handle pattern.AVAX intraday trading volume indicates a 38.7% plunge
  Avalanche sellers successfully reclaimes the 20-day EMA slope
  Trading volume skyrockets to 487 millionNow, the pattern which can be spotted at the market bottom will serve as a feasible launchpad for the crypto’s recovery but in order to complete the pattern, the coin price should barrel past the $30.6 key resistan
  
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• Manuel Beaudroit, Belo: How cryptocurrency is helping Latin Americans, Ep 185 - LatamList

  15-09-2022 18:49 via latamlist.com
  Manuel Beaudroit, Belo: How cryptocurrency is helping Latin Americans, Ep 185  LatamList
  
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• Merge is 'a step in the right direction' to address crypto's energy usage — Rostin Behnam

  15-09-2022 18:45 via cointelegraph.com
  The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in resolving the problem.
  
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• Ethereum miners flock to Ethereum Classic and elsewhere, in wake of Merge

  15-09-2022 18:30 via coinjournal.net
  One of the most covered criticisms of Ethereum since its creation in 2015 has been its mammoth energy usage.
  While not as heavy as Bitcoin, it nonetheless consumes 0.2% of the world’s electricity, and is responsible for between 20% and 39% of cryptocurrency’s electricity consumption as a whole (Bitcoin claims between 60% and 70%).
  Now – and going forward – that energy consumption has fallen 99.95% following the successful completion of the Merge. It’s an incredible
  
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• North Korea Stolen Approximately $1B of Cryptocurrency in 2022 - OODA Loop

  15-09-2022 18:24 via oodaloop.com
  North Korea Stolen Approximately $1B of Cryptocurrency in 2022  OODA Loop
  
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• The Ethereum Merge to proof-of-stake is complete — What’s next? | Interview with Dr. Julian Hosp

  15-09-2022 18:00 via cointelegraph.com
  Now that the historic Ethereum Merge is finally complete and everything went off smoothly, what's next for the network? Join us as we discuss this and more with Tim Warren, co-host of Coffee N Crypto, and Dr. Julian Hosp.
  
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• Binance Coin Struggles Below $290 Resistance, Where Would Price Go?

  15-09-2022 17:17 via newsbtc.com
  Binance Coin (BNB) struggles to hold support after flipping it into resistance against tether (USDT) as a bullish structure hits a rock. Despite showing a great bullish structure in recent weeks, the price of Binance Coin (BNB) has had a really quiet time as the market continues in a mist of mixed feelings regarding where the crypto market is headed. (Data from Binance)Binance Coin (BNB) Token Price Analysis On The Weekly Chart 
  Weekly BNB Price Chart | Source: BNBUSDT On Tradingview.com
  BN
  
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• Ethereum Completes “The Merge”, But Why ETH Failed To React

  15-09-2022 17:15 via newsbtc.com
  Ethereum has completed one of its most significant milestone with the successful completion of “The Merge”, the migration to a Proof-of-Stake (PoS) consensus. Market participants were expecting an aggressive price action during this event, but the results might be disappointing.
  And we finalized!
  Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today.
  — vitalik.eth (@VitalikButerin) September 15,
  
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• Why Cryptocurrency Users Are Against The Tornado Cash Sanctions - Screen Rant

  15-09-2022 17:00 via screenrant.com
  Why Cryptocurrency Users Are Against The Tornado Cash Sanctions  Screen Rant
  
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• Bitcoin price loses $20K, ETH price drops 8% after 'monumental' Ethereum Merge

  15-09-2022 16:58 via cointelegraph.com
  Uncertain BTC price action continues as Ethereum trends downward despite the successful Merge.
  
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• Will Tron Tie-Up With Liquidity Provider Wintermute Boost TRX Price?

  15-09-2022 16:55 via newsbtc.com
  Tron (TRX) has recently disclosed a collaboration with Wintermute to boost Tron’s DeFi ecosystem and more so, to enhance network accessibility and liquidity.
  TRX price up by 0.43%
  Tron spikes in terms of popularity and value amounting to $1.2 billion
  Network integration with Wintermute to improve liquidity, accessibilityNot that Tron needs it desperately as it has been outpacing its rivals but continuous pump and evolution is necessary to thrive in the crypto arena.
  Overall, the partnershi
  
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• FTX, Bybit among the first exchanges to launch spot ETHW trading

  15-09-2022 16:45 via cointelegraph.com
  Bybit officially announced that it launched ETHW trading against the USDT stablecoin, planning to soon open ETHW deposits and withdrawals.
  
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• Aave (AAVE/USD) – Cryptocurrency Aave Decreases More Than 4% Within 24 hours - Benzinga

  15-09-2022 16:14 via benzinga.com
  Aave (AAVE/USD) – Cryptocurrency Aave Decreases More Than 4% Within 24 hours  Benzinga
  
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• (LDO/USD) – Cryptocurrency Lido DAO Up More Than 8% In 24 hours - Benzinga

  15-09-2022 16:13 via benzinga.com
  (LDO/USD) – Cryptocurrency Lido DAO Up More Than 8% In 24 hours  Benzinga
  
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• Crypto bill needs clarification on 'digital commodity' — Sheila Warren

  15-09-2022 16:00 via cointelegraph.com
  CCI CEO Sheila Warren said that there was “a very tight window” to pass the crypto bill given the possible change in leadership following the 2022 Midterm Elections.
  
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• Crypto bill a 'pivotal step', but needs clarification on ‘digital commodity’ — Sheila Warren

  15-09-2022 16:00 via cointelegraph.com
  CCI CEO Sheila Warren said that there was “a very tight window” to pass the crypto bill, given the possible change in leadership following the 2022 midterm elections.
  
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• Powers On… Insider trading with crypto is targeted — Finally! Part 2

  15-09-2022 15:41 via cointelegraph.com
  "Frankly, it’s about time that the SEC and U.S. attorney’s offices focused on real crimes and fraud."
  
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• Cryptocurrency Prices And News: Bitcoin Holds $20000, Ethereum Merge Complete, Funko Hails NFTs | Investor's Business Daily - Investor's Business Daily

  15-09-2022 15:26 via investors.com
  Cryptocurrency Prices And News: Bitcoin Holds $20000, Ethereum Merge Complete, Funko Hails NFTs | Investor's Business Daily  Investor's Business Daily
  
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• This Cryptocurrency is Poised for a 10x Price Explosion According to Analysts - Washington City Paper

  15-09-2022 15:19 via washingtoncitypaper.com
  This Cryptocurrency is Poised for a 10x Price Explosion According to Analysts  Washington City Paper
  
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• F2Pool, Poolin to start Ethereum PoW mining after ETHW mainnet launch

  15-09-2022 15:10 via cointelegraph.com
  Together, ETHW mining pools already make up more mining capacity in terms of block share than Ethermine, which opted to shut down mining operations.
  
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• Crypto for foreign trade: What do we know about Iran’s new strategy

  15-09-2022 15:10 via cointelegraph.com
  Iran has decided to legalize the use of crypto in cross-border payments, which could impact how some countries view crypto.
  
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• DOL Pushes Back on Cryptocurrency Suit - National Association of Plan Advisors

  15-09-2022 15:01 via napa-net.org
  DOL Pushes Back on Cryptocurrency Suit  National Association of Plan Advisors
  
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• Cryptocurrency Investment Platform HASHFROG Partnered With BITMAIN and ANTPOOL To Enter The KDA Ecosystem - Yahoo Finance

  15-09-2022 15:00 via finance.yahoo.com
  Cryptocurrency Investment Platform HASHFROG Partnered With BITMAIN and ANTPOOL To Enter The KDA Ecosystem  Yahoo Finance
  
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• Maincard announces the testnet launch of its fantasy sports platform

  15-09-2022 14:59 via coinjournal.net
  Maincard is set to release the Alpha version for its platform to ensure that it works without any hitch for 24 hours. Maincard, an upcoming Web3 platform for fantasy sports management, announced on Thursday, September 15th, that it would be releasing its Alpha version for the testnet on the 20th of September.
  According to the press release shared with Coinjournal, the testnet will run for 24 hours and is designed to ensure that the platform is bug-free. 
  Maincard added that it is invit
  
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• Perpetual DEX Palmswap to hold a community fair launch with 100M PALM tokens

  15-09-2022 14:46 via coinjournal.net
  Palmswap is set to host a community fair launch later this month for its native PALM token. 
  Palmswap, the perpetual DEX based on BNBChain, announced on Wednesday, September 14th, that it would hold a community fair launch for its native PALM token between Sept. 20-23.
  The team added that the community fair launch would involve 100 million tokens. For the launch, funds will be collected in a pool for three days. 
  Palmswap added that the average PALM token price would be determined base
  
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• Bitcoin Price Has Strong Potential To Hit $25,000, Weekly Analysis Suggests

  15-09-2022 14:45 via newsbtc.com
  Recently, the market has seen a strong correction due to the Bitcoin price bull run of the past several days. On December 7, 2020, the price hit a low of $19,030.09, which is considered to be a new all-time low.
  However, the appearance of a double bottom pattern has led to an optimistic outlook on this correction.
  Bitcoin can rebound, as is now more evident. Obviously, there will be some challenges along the way. The Bitcoin price present momentum is one of the cryptocurrency’s major chall
  
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• Ethereum traders shorted ETH price in record numbers during the Merge — 50% crash ahead?

  15-09-2022 14:34 via cointelegraph.com
  Ethereum traders are betting on a "sell-the-news" event on the day of the Merge as ETH exchange balance jumps.
  
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• The Ethereum Merge is completed: Here's what's next

  15-09-2022 13:56 via cointelegraph.com
  Ethereum's long-awaited Merge with the Beacon Chain is complete — here's what the long-term roadmap for the continued development of the protocol looks like.
  
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• 8 Best Proof of Work Cryptocurrency to Invest in 2022 - Cryptonews

  15-09-2022 13:33 via cryptonews.com
  8 Best Proof of Work Cryptocurrency to Invest in 2022  Cryptonews
  
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• Ethereum community wastes no time minting PoS NFTs right after the Merge

  15-09-2022 13:24 via cointelegraph.com
  The Merge happened, and now the community watches like proud parents as Ethereum takes its first steps as a proof-of-stake consensus.
  
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