Cryptocurrency news

• NFT project Azuki launches Physical Backed Token

  18-10-2022 23:33 via cointelegraph.com
  The company said that the open-source token standard intends to tie a physical item to a digital token on the Ethereum blockchain.
  
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• Bitcoin Price Action Falls Flat | BTCUSD Analysis October 18, 2022

  18-10-2022 23:30 via newsbtc.com
  In this episode of NewsBTC’s daily technical analysis videos, we are once again examining a possible expanded flat correction in Bitcoin. Once the correction has completed, the bull market could resume.
  Take a look at the video below:
  VIDEO: Bitcoin Price Analysis (BTCUSD): October 18, 2022
  In addition to the video highlights listed below the video, we also analyze BTCUSD using the Ichimoku, Bollinger Bands, SuperTrend, TD Sequential, and other technical tools.
  Three Strikes: BTCUSD R
  
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• Ethereum launches testnet for Shanghai upgrade: Here’s what is next

  18-10-2022 23:15 via cointelegraph.com
  Staked ETH withdrawals and lower gas fees are among the developments expected with the upgrade.
  
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• Here’s why Bitcoin price could tap $21K before Friday’s $510M BTC options expiry

  18-10-2022 23:05 via cointelegraph.com
  Bears are currently better positioned for this week’s $510 million BTC options expiry, but their overconfidence could give bulls a chance to flip the table.
  
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• Tezos (XTZ) Breaks Out Of A Falling Wedge As Price Could Hit $2 Mark

  18-10-2022 23:00 via newsbtc.com
  XTZ’s price shows a spark of strength as price breaks out from a descending triangle as price eyes $2 with good volume. 
  XTZ continues in a range-bound downtrend movement as the price aims to breakout. 
  The price of XTZ continues to trade below the 50 and 200 Exponential Moving Averages (EMA) on the daily timeframe. Despite market uncertainties that have affected the prices of many altcoins in recent weeks, the price of Tezos (XTZ) has remained strong. Tezos (XTZ) has held
  
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• Voyager Digital won’t sue its executives for incompetence, will claim insurance on them

  18-10-2022 22:39 via cointelegraph.com
  CEO Stephen Ehrlich and financial head Evan Psaropolous will keep their jobs even though they okayed a huge loan to Three Arrows Capital without sufficient due diligence.
  
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• Silvergate Capital's crypto-to-fiat transfers decrease by $50B compared with Q3 2021

  18-10-2022 22:00 via cointelegraph.com
  Shares tumbled over 20% on the NASDAQ exchange on the weaker-than-expected earnings.
  
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• Silvergate Capital's crypto-to-fiat transfers decrease by $50B compared to Q3 2021

  18-10-2022 22:00 via cointelegraph.com
  Shares tumbled over 20% on the NASDAQ exchange on the weaker-than-expected earnings.
  
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• Crypto is ‘an important part of how customers transact’, Walmart CTO says

  18-10-2022 21:49 via coinjournal.net
  Walmart Chief Technology Officer Suresh Kumar expects “a lot of the disruption” around crypto “in terms of different payment methods, and different payment options.”
  Crypto adoption across the payments industry continues to gather speed, with major financial institutions adding various cryptocurrencies to payment methods for merchants and other online platforms.
  And Walmart’s Global Chief Technology Officer Suresh Kumar says digital currencies are set to become a cr
  
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• Sharp Bitcoin price move expected as volatility hangs at record lows and sellers are ‘exhausted’

  18-10-2022 21:26 via cointelegraph.com
  Bitcoin price has been range-bound for 126 days, but analysts say an explosive move is imminent.
  
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• ANKR price outlook after a key development

  18-10-2022 21:02 via coinjournal.net
  Ankr (ANKR/USD) surged by 15% on Tuesday, making it one of the top intraday gainers on the day. The gains came on the back of positive cryptocurrency news.
  Into the briefs – ANKR is an Ethereum-based token for the Ankr network. The protocol supports Web3 infrastructure and acts as a cross-chain DeFi staking platform. The network aims to make it easy and less expensive for everyone to participate in blockchain through staking, building dapps, and hosting nodes. The ANKR token is used for pa
  
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• Ripple’s XRP price maintains a choppy movement. What’s going on?

  18-10-2022 20:56 via coinjournal.net
  Ripple’s (XRP/USD) has been trading in a choppy pattern for almost a month now. Quick short-term price appreciations have been followed by almost an equivalent of declines. The upside has rarely surpassed $0.54, while the downside has held to $0.43. However, the price action shows that XRP bulls are relentless. 
  Well, Ripple’s case with the SEC remains a focal point. Of course, both parties submitted their motions for a summary judgement last month. While the SEC has held its gr
  
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• Europe moves toward regulatory action on crypto’s environmental impact, energy use

  18-10-2022 19:45 via cointelegraph.com
  After rejecting a proposal to ban crypto mining, the EU is looking at disclosure and mitigation measures to make crypto assets more sustainable in the coming years.
  
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• How to build a cryptocurrency mining rig

  18-10-2022 19:35 via cointelegraph.com
  Building a crypto mining rig involves a lot of different parts — here’s how to get started.
  
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• Layer 1 blockchain startup Shardeum raises $18 million in seed funding

  18-10-2022 19:02 via coinjournal.net
  Shardeum is an EVM-based layer-1 blockchain project co-founded by Nischal Shetty, the founder of India-based cryptocurrency exchange WazirX.
  Shardeum, an EVM-based layer-1 blockchain startup co-founded by WazirX founder Nischal Shetty, has raised $18.2 million in its seed funding round, the platform announced on Tuesday.
  The seed round was at a $199 million valuation, Shetty said in a company blog post, noting that the funding funding initiative attracted more than 50 investors. He also shared t
  
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• What Is Aptos (APT) And Why Is Everyone Talking About It?

  18-10-2022 19:00 via newsbtc.com
  Aptos (APT) has been making the rounds in the crypto spaces on social media for more than two months now. This new network caught the attention of many as the team’s vision for the network was praised. On Monday, October 17th, the project announced that its mainnet had finally arrived ahead of listings on exchanges. However, what would usually be a cause for celebration has drawn doubts from in the community.
  The Aptos Tokenomics
  At the start of the week, a good number of centralized excha
  
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• Blockchain technology has big plans, despite bloodbath in the markets

  18-10-2022 18:52 via coinjournal.net
  This year has been a turbulent one in crypto markets, with prices dropping in line with the plummet in asset prices across the board. 
  A combination of runaway inflation and political pressure has forced the Fed to eventually turn hawkish, with the rise in interest rates deflating earning expectations and pulling down the stock market. 
  Of course, wherever the stock market has been to date, the crypto markets have followed – only with more volatility. And that is exactly what we
  
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• Users upset that Binance's wrong crypto network retrieval fees have soared to 500 BUSD

  18-10-2022 18:45 via cointelegraph.com
  A few months prior, wrong network retrieval fees costed around 0.001 BTC on Binance.
  
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• How to build a cryptocurrency mining rig - Cointelegraph

  18-10-2022 18:35 via cointelegraph.com
  How to build a cryptocurrency mining rig  Cointelegraph
  
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• Bitcoin, venture capital and security tokens flash green: Report

  18-10-2022 18:14 via cointelegraph.com
  There are positive signals for crypto as Bitcoin closed September with only a 3% drop, while venture capital was up 20.6% and security token volume was up 19.76%.
  
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• When will the crypto bear market end? Watch The Market Report

  18-10-2022 18:00 via cointelegraph.com
  On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss how much longer this crypto winter could last.
  
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• Leaders of scheme to steal $530K in cryptocurrency to be sentenced Wednesday - MassLive.com

  18-10-2022 17:44 via masslive.com
  Leaders of scheme to steal $530K in cryptocurrency to be sentenced Wednesday  MassLive.com
  
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• Food companies secure trademarks to enter metaverse

  18-10-2022 17:15 via cointelegraph.com
  Major food brands seem to be indicating that they plan to launch virtual food, drink and restaurant services in the future.
  
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• Bitcoin mirrors 2020 pre-breakout, but analysts at odds whether this time is different

  18-10-2022 17:04 via cointelegraph.com
  BTC price performance weakens after another crack at resistance near $20,000, but exchanges are showing a mounting tug-of-war between bulls and bears.
  
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• Only In Crypto: A Strudel Pays Rent With THE Protocol Profits

  18-10-2022 16:44 via newsbtc.com
  Everyone is talking about THE Protocol in crypto as the project gains momentum. Created as a meme coin, THE has continued to make all-time highs against the ETH and USDT pairs. In just 24 hours, THE Protocol trades at a 60% profit against Ethereum when large cryptocurrencies are beginning to show positive performance. Across social media, THE Protocol is following the price, with many users speculating on its potential to resurrect the “meme coin movement.” 
  THE’
  
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• Elrond (EGLD) Will Rally To $80, But this Must First Happen

  18-10-2022 16:30 via newsbtc.com
  EGLD’s price shows a spark of strength as the price bounced off from $45 with good volume. 
  EGLD continues in a range-bound movement as the price aims to breakout ahead of a rally to $80. 
  The price of EGLD continues to trade above the 50 Exponential Moving Average (EMA) as the price creeps in on the daily timeframe.Despite market uncertainties that have affected the prices of many altcoins in recent weeks, the price of Elrond (EGLD) has remained strong. Elrond (EGLD) has held f
  
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• Why is crypto following the stock market closer than ever before?

  18-10-2022 16:29 via coinjournal.net
  It feels like nothing but the words of Jerome Powell matter in markets right now.
  In looking at the data, it’s kind of true. I plotted the correlation of Bitcoin against the S&P 500 since the beginning of 2017, and the results show that the correlation has generally picked up over time. This really does shoot down talk of the “inflation hedge” narrative that proved so popular during the pandemic.  
  But should correlations not come down over time? Well, not really. Thin
  
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• Crypto Sector is Getting Increasingly Susceptible to Attackers - The Coin Republic

  18-10-2022 16:20 via thecoinrepublic.com
  Crypto Sector is Getting Increasingly Susceptible to Attackers  The Coin Republic
  
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• Roofstock onChain announces the first property sale via nonfungible tokens

  18-10-2022 16:16 via coinjournal.net
  Roofstock has revealed that it has sold its first property via non-fungible tokens (NFTs), powered by its Roofstock onChain.Roofstock, the leading digital real estate platform specialising in single-family rental (SFR) properties, announced on Tuesday, October 18th, 2022, that it had sold its first property via NFT.
  In a press release shared with Coinjournal, the team said the transaction was enabled by Roofstock onChain (ROC), its web3 subsidiary.
  ROC facilitates instantaneous sale and settleme
  
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• Uplift DAO partners with Moonpay to ease investment in web3 projects

  18-10-2022 16:04 via coinjournal.net
  Uplift DAO will be working with Moonpay to make it easier for people to invest in Web3 projects.Uplift DAO, the cross-chain crypto launchpad offering crowdfunded support for disruptive web3 projects, announced on October 18th, 2022, that it has partnered with Moonpay,  the leading web3 infrastructure company.
  According to the press release shared with Coinjournal, the partnership is set to make it easier for users to invest in new and exciting web3 initiatives using traditional payment meth
  
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• Em Conversa: New Cryptocurrency Use Cases With Bitso - The Fintech Times

  18-10-2022 16:01 via thefintechtimes.com
  Em Conversa: New Cryptocurrency Use Cases With Bitso  The Fintech Times
  
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• Shiba Inu Trying To Extricate From Bearish Grip As SHIB Seen Rising This Week

  18-10-2022 15:50 via newsbtc.com
  Since the beginning of August, Shiba Inu has been actively engaged in corrective activities. The meme coin has been distancing from its origins and has been highly effective with doing so. An actual use case for SHIB was just introduced last month when it became possible to use the token to settle tax obligations in the cryptocurrency space.
  In January of this year, NOWpayments announced a partnership with Shiba Inu, opening the door for token payments to be used as crypto wages. This isn’
  
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• Tech’s good intentions and why Satoshi’s new ‘social order’ foundered

  18-10-2022 15:45 via cointelegraph.com
  Bitcoin’s creator seemed to succeed where others failed — initially. What did he do differently? He rotated record-keepers.
  
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• The Five Ws of Cryptocurrency Fraud — and How We Can Stop It - Security Boulevard

  18-10-2022 15:39 via securityboulevard.com
  The Five Ws of Cryptocurrency Fraud — and How We Can Stop It  Security Boulevard
  
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• ‘Solana Killer’—A Radical New $2 Billion ‘Facebook Spinoff’ Cryptocurrency Is Coming Despite The Huge Bitcoin, Ethereum And Crypto Price Crash - Forbes

  18-10-2022 15:35 via forbes.com
  ‘Solana Killer’—A Radical New $2 Billion ‘Facebook Spinoff’ Cryptocurrency Is Coming Despite The Huge Bitcoin, Ethereum And Crypto Price Crash  Forbes
  
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• Oobit Finalizes Listing of OBT Token on MEXC Global Cryptocurrency Exchange - Digital Journal

  18-10-2022 15:26 via digitaljournal.com
  Oobit Finalizes Listing of OBT Token on MEXC Global Cryptocurrency Exchange  Digital Journal
  
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• Michigan AG warns of new crypto scam 'pig butchering' costing investors millions - Midland Daily News

  18-10-2022 15:23 via ourmidland.com
  Michigan AG warns of new crypto scam 'pig butchering' costing investors millions  Midland Daily News
  
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• UK Law Commission to review international laws on crypto to consider legal reforms

  18-10-2022 15:13 via cointelegraph.com
  The legal review authority will work to compile law reform proposals for public consultation in the second half of 2023.
  
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• Glencoe neighbors voice concern about noise coming from cryptocurrency mine - KSTP

  18-10-2022 15:08 via kstp.com
  Glencoe neighbors voice concern about noise coming from cryptocurrency mine  KSTP
  
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• Apples and oranges? How the Ethereum Merge could affect Bitcoin

  18-10-2022 15:03 via cointelegraph.com
  While the Ethereum Merge failed to move Bitcoin from a price standpoint, the industry believes we have yet to see the effects of its shift from PoW to PoS.
  
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• Shopify partners with Novel to deliver accessible Web3 for merchants

  18-10-2022 15:00 via cointelegraph.com
  Novel can deploy smart contracts over the NFT collections and make them available to users for purchases on the Shopify storefront.
  
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• Ripple’s $250M fund backs Web3 projects focused on ‘entertainment and media’

  18-10-2022 15:00 via cointelegraph.com
  A Ripple executive said the company believes that tokenization can transform the creator economy and create new business models.
  
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• $740M in Bitcoin exits exchanges, the biggest outflow since June's BTC price crash

  18-10-2022 13:40 via cointelegraph.com
  Bitcoin price technicals, however, remain bearish for with the BTC price eyeing a run-down toward $14,000 in Q4.
  
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• Cardano Finds Breathing Room At $0.35 Support – Is This Enough For ADA?

  18-10-2022 12:50 via newsbtc.com
  Cardano is somehow keeping in-step with cryptocurrency frontrunners Bitcoin and Ethereum, sitting on price increase on its intraday chart.Cardano failed to hold the $0.41 crucial support range and settle to the new support marker of $0.36
  ADA is forecasted to trade from $.0403 to $0.416 in the coming days
  Cardano addresses grow despite bearish market sentimentsTracking from Coingecko shows the smart contract token is trading at $0.371, raising its price by almost 1% during a 24-hour period.
  The
  
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• Gifting cryptocurrency on Diwali? This is how much tax you'll pay - BGR India

  18-10-2022 12:28 via bgr.in
  Gifting cryptocurrency on Diwali? This is how much tax you'll pay  BGR India
  
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• South Korea: Fake cryptocurrency detection service released - ThePrint

  18-10-2022 12:15 via theprint.in
  South Korea: Fake cryptocurrency detection service released  ThePrint
  
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• Why You Should Buy MANA & SAND Cryptocurrency Now - DataDrivenInvestor

  18-10-2022 12:09 via medium.datadriveninvestor.com
  Why You Should Buy MANA & SAND Cryptocurrency Now  DataDrivenInvestor
  
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• Web3 infrastructure firm ChainSafe raises $18.75M as attention shifts to GameFi

  18-10-2022 12:00 via cointelegraph.com
  The Canadian company is focused on multi-chain R&D and blockchain gaming, which is a growing industry that’s expected to achieve multi-billion-dollar valuations.
  
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• Cryptocurrency Trading In Nigeria: Legal Or Illegal? - Fin Tech - Nigeria - mondaq.com

  18-10-2022 11:59 via mondaq.com
  Cryptocurrency Trading In Nigeria: Legal Or Illegal? - Fin Tech - Nigeria  mondaq.com
  
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• Polygon (MATIC) Eyes $1 After Successful Breakout; Will Bulls Push For A Retest?

  18-10-2022 11:27 via newsbtc.com
  MATIC’s price shows strength as price breaks bounced off from $0.76 with good volume with eyes set to reclaim $1. 
  MATIC breaks out of a downtrend as the price resumes a bullish structure. 
  The price of MATIC continues to trade above the 50 Exponential Moving Average (EMA) on the daily timeframe. The price of Polygon (MATIC) has remained strong despite the market uncertainties that have affected the price of many altcoins in recent weeks. Polygon (MATIC) has held strong, de
  
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