Cryptocurrency news

• Cryptocurrency exchange Bithumb ex-chair could face jail term, here’s why - Cryptosrus

  25-10-2022 23:45 via news.google.com
  Cryptocurrency exchange Bithumb ex-chair could face jail term, here’s why  Cryptosrus
  
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• After Mango Markets exploit, Compound pauses 4 tokens to protect against price manipulation

  25-10-2022 23:00 via cointelegraph.com
  Compound users can no longer use YFI, ZRX, BAT and MKR tokens as collateral for loans.
  
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• After Mango Market exploit, Compound pauses four tokens to protect against price manipulation

  25-10-2022 23:00 via cointelegraph.com
  Compound users can no longer use yearn finance (YFI), 0x (ZRX), basic attention token (BAT) or maker (MKR) tokens as collateral for loans.
  
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• Chinese agents used Bitcoin transactions through Wasabi to allegedly bribe US government employee

  25-10-2022 22:45 via cointelegraph.com
  According to an analysis by crypto risk management firm Elliptic, two Chinese intelligence agents used Wasabi Wallet to conceal BTC transactions allegedly used for bribes.
  
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• MakerDAO community votes to approve custody of $1.6B USDC with Coinbase

  25-10-2022 22:00 via cointelegraph.com
  The MakerDAO community will earn a 1.5% reward on its USDC while holding funds with Coinbase Prime.
  
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• MakerDAO community votes to approve custody of $1.6B in USDC with Coinbase

  25-10-2022 22:00 via cointelegraph.com
  The MakerDAO community will earn a 1.5% reward on its USDC while holding funds with Coinbase Prime.
  
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• Western Union may be planning to expand its digital offerings far beyond remittances

  25-10-2022 21:15 via cointelegraph.com
  Trademark applications seem to hint at an asset and commodities exchange, insurance and Western Union’s own token as it faces increasingly diverse competition on the remittances market.
  
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• Ethereum Leads Crypto Rebound, ETH Price Heads For $1,500

  25-10-2022 21:14 via newsbtc.com
  The crypto market is finally showing relief after days in consolidation mode; Ethereum is leading the market with significant profit on lower timeframes. The second crypto by market capitalization is reclaiming its position as a market leader. The last time ETH’s price displayed this price action was in September before “The Merge.” At the time of writing, Ethereum trades at $1,460 with a 10% profit in the last 24 hours and seven days, respectively. In the crypto top 10 by
  
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• This Bitcoin On-chain Retest Can Change Market’s Course, Here’s How

  25-10-2022 21:00 via newsbtc.com
  Bitcoin new address momentum is approaching a retest that could change the course of the crypto’s price, if history is anything to go by.
  Monthly MA Of Bitcoin New Addresses Is Currently Retesting The Yearly MA
  According to the latest weekly report from Glassnode, new address momentum is currently on the verge of a push higher.
  The “new addresses” is an indicator that measures the total number of new addresses coming active on the Bitcoin blockchain.
  To know whether the crypto
  
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• Binance USD Supply Increases Amid Heated Stablecoin Wars

  25-10-2022 20:59 via newsbtc.com
  The aim behind stablecoins development was to provide stability over the highly volatile nature of crypto assets. This means that stablecoins hedge your funds against the impact of macroeconomic factors like inflation. Currently, stablecoins represent about 15% of the total crypto market cap of over $933 billion.
  Several prominent firms have created their stablecoins. Usually, the coins are pegged on a ratio of 1:1 to major global fiat currencies like USD, EUR, or GBP.The Binance USD (BUSD) is a
  
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• Cryptocurrency Tax Evasion: Separating Fact from Fiction - Finextra

  25-10-2022 20:56 via news.google.com
  Cryptocurrency Tax Evasion: Separating Fact from Fiction  Finextra
  
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• Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars

  25-10-2022 20:30 via cointelegraph.com
  Soaring hash rate, high electricity costs and BTC price hovering under $20,000 for months is complicating matters for Bitcoin miners.
  
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• US lawmakers question regulators over 'revolving door' with crypto industry

  25-10-2022 20:15 via cointelegraph.com
  “Americans should be confident that regulators are working on behalf of the public, rather than auditioning for a high-paid lobbying job,” said 5 senators and House members.
  
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• Southeast Asia Leads the World in Crypto Adoption, Propelled by Play-to-Earn Gaming: Chainalysis - CoinDesk

  25-10-2022 20:03 via news.google.com
  Southeast Asia Leads the World in Crypto Adoption, Propelled by Play-to-Earn Gaming: Chainalysis  CoinDesk
  
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• Is This Product Likely to Bring Cardano Back to $1? Charles Hoskinson Speaks Out

  25-10-2022 20:00 via newsbtc.com
  Cardano is sinking deeper into support after a rejection at $0.50 and $0.40 with no indication of a rebound. The cryptocurrency has been one of the worst performers in this crypto bear market, but the bulls might still have some hope. At the time of writing, Cardano (ADA) trades at $0.37 with a 2% profit in the last 24 hours and a 2% loss in the previous seven days. Over the past month, ADA’s price records a massive 20% loss wiping out any bullish sentiment for investors. 
  ADA&rs
  
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• Bitcoin price crosses $20K as daily crypto short liquidations pass $400M

  25-10-2022 19:40 via cointelegraph.com
  BTC price action sees its highest levels since the start of October on the back of a broader risk asset rally.
  
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• Filecoin launches Web3 data storage solution for carbon offsets

  25-10-2022 19:30 via cointelegraph.com
  This free storage utility aims to address the shortcomings of traditional storage solutions for all types of digital environmental assets, said the company.
  
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• Are Bitcoin Bulls Ready To Stampede? | BTCUSD Analysis October 25, 2022

  25-10-2022 19:24 via newsbtc.com
  In this episode of NewsBTC’s daily technical analysis videos, we take a look at the Bitcoin price rally to see if it can turn into something much bigger. Are bulls ready to stampede all over bears?
  Take a look at the video below:
  VIDEO: Bitcoin Price (BTCUSD): October 25, 2022 Crypto Winter
  Finally, some action in Bitcoin, and so far it is to the upside. Bitcoin price is testing just below $20,000 currently.BTCUSD Daily Begins Potential Bollinger Band Squeeze
  This is particularly impo
  
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• Total LUNC Burned Crosses 24 Billion, But Is It Enough?

  25-10-2022 19:00 via newsbtc.com
  LUNA Classic (LUNC) is still receiving a lot of support from investors and firms in the space despite having lost a significant portion of its value after the Terra network crash. LUNC’s supply ballooned during this time, reaching trillions of tokens in circulation. This increased supply continues to hinder the increase in price for the digital asset, prompting various burn initiatives to help reduce its supply.
  More Than 24 Billion LUNC Burned
  Since the LUNC burn was implemented a couple
  
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• Why are cryptocurrency enthusiasts excited about new British PM Rishi Sunak - The Week

  25-10-2022 18:46 via news.google.com
  Why are cryptocurrency enthusiasts excited about new British PM Rishi Sunak  The Week
  
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• CashApp adds support for Bitcoin Lightning Network

  25-10-2022 18:45 via cointelegraph.com
  There is a limit of $999 every seven days for BTC transactions on the Lightning Network.
  
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• Public Bitcoin miners' hash rate is booming — but is it actually bearish for BTC price?

  25-10-2022 18:25 via cointelegraph.com
  Efforts to keep Bitcoin mining operations afloat may end up stressing the spot BTC price further lower.
  
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• Public Bitcoin miners’ hash rate is booming — But is it actually bearish for BTC price?

  25-10-2022 18:25 via cointelegraph.com
  Efforts to keep Bitcoin mining operations afloat may end up pushing the spot BTC price even lower.
  
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• Why are Bitcoin whales accumulating BTC? Watch The Market Report

  25-10-2022 18:00 via cointelegraph.com
  On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss why Bitcoin whales are accumulating right now and why this could be significant.
  
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• Ethereum Name Service (ENS) Drops To $16 Support; Will Bears Come Out Top?

  25-10-2022 17:41 via newsbtc.com
  ENS’ price shows strength as price holds strong above the key support zone to avoid price retesting lower point on the daily chart.
  ENS rejected a trend higher above $20 as the price faced a sharp rejection to a region of key Support of $16.5. 
  The price of ENS continues to hold strong above the 50 and 200 Exponential Moving Averages (EMA) as the price aims to rally toward $20.The price of Ethereum Name Service (ENS) has continued to hold strong as price trends toward the region of $
  
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• Bitcoin price rises above $19.6K as US dollar strength falls to 3-week lows

  25-10-2022 17:40 via cointelegraph.com
  Dollar weakness shows instant results for BTC price strength, with local highs coming back in for a test.
  
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• Bitcoin ATM operator RockItCoin acquires Tao Bitcoin

  25-10-2022 17:04 via cointelegraph.com
  The transaction included 56 machines from Tao Bitcoin — a regional operator in the south of the United States.
  
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• Cryptocurrency hot wallet explained - Crypto Mode

  25-10-2022 16:11 via news.google.com
  Cryptocurrency hot wallet explained  Crypto Mode
  
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• What does the global energy crisis mean for crypto markets?

  25-10-2022 15:01 via cointelegraph.com
  While miners stand to be significantly affected by the current power crisis, there is still some hope that the prevailing macro conditions could work in favor of the crypto industry.
  
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• South African crypto landscape primed for TradFi growth after FSCA ruling

  25-10-2022 14:58 via cointelegraph.com
  Industry insiders believe South Africa's move to classify cryptocurrencies as financial products could drive the adoption and legitimacy of the sector.
  
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• The Future of Digital Banking in North America: Chain reactions - Cryptocurrency vs. remittances - Finextra

  25-10-2022 14:01 via news.google.com
  The Future of Digital Banking in North America: Chain reactions - Cryptocurrency vs. remittances  Finextra
  
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• Ethereum Price Will Rally If This Happens; What Could That Possibly Be?

  25-10-2022 13:57 via newsbtc.com
  ETH’s price shows the first sign of bounce after forming a bullish pattern as the price gets rejected into a descending range channel. 
  ETH bounced off its downtrend movement as the price builds more momentum in a descending triangle with a breakout on either side open. 
  The price of ETH continues in its range movement as the price gets rejected and trades below the 50 and 200 Exponential Moving Averages (EMA).The price of Ethereum (ETH) after its “Ethereum Merge” ha
  
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• Hackers Are Taking Advantage of Typing Mistakes to Steal Cryptocurrency – Security Bitcoin News - Bitcoin News

  25-10-2022 13:50 via news.google.com
  Hackers Are Taking Advantage of Typing Mistakes to Steal Cryptocurrency – Security Bitcoin News  Bitcoin News
  
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• WhatsApp down again? Google Trends spike after the outage

  25-10-2022 13:28 via cointelegraph.com
  As WhatsApp goes down once again, there are a number of alternative platforms that are popular alternatives in the cryptocurrency space.
  
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• WhatsApp down again? Google searches spike after the outage

  25-10-2022 13:28 via cointelegraph.com
  As WhatsApp goes down once again, there are a number of alternative platforms that are popular alternatives in the cryptocurrency space.
  
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• Lionel Messi bags latest cryptocurrency sponsorship with Bitget - SportsPro Media

  25-10-2022 13:07 via news.google.com
  Lionel Messi bags latest cryptocurrency sponsorship with Bitget  SportsPro Media
  
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• Tron Hits Record 117 Million Users, But TRX Price Increase Is Mediocre

  25-10-2022 12:45 via newsbtc.com
  Tron (TRX) managed to pull a Bitcoin-like feat almost two weeks ago when it became a legal tender for the Commonwealth of Dominica.
  The 16th largest cryptocurrency in terms of market capitalization successfully replicated Bitcoin’s feat when it became a legally accepted tender within the territories of El Salvador.
  TRX price slightly corrects after surging following announcement of becoming legal tender in the Commonwealth of Dominica
  Coin currently trades at $0.0616
  Tron Protocol’s
  
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• British MP Lisa Cameron on Bitcoin and UK becoming international crypto hub

  25-10-2022 12:35 via cointelegraph.com
  In an exclusive interview with Cointelegraph, U.K. Member of Parliament Dr. Lisa Cameron said there is a “vision” that the U.K. will become an international hub of crypto and digital assets.
  
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• Global Cryptocurrency Market Report 2022: Lucrative Opportunities in the Growing Acceptance of Cryptocurrency Across Various Industries - Yahoo Finance

  25-10-2022 12:13 via news.google.com
  Global Cryptocurrency Market Report 2022: Lucrative Opportunities in the Growing Acceptance of Cryptocurrency Across Various Industries  Yahoo Finance
  
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• Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA

  25-10-2022 12:05 via cointelegraph.com
  Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote.
  
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• Matt Levine Answers Big Cryptocurrency Questions: Bloomberg Crypto Podcast - Bloomberg

  25-10-2022 12:00 via news.google.com
  Matt Levine Answers Big Cryptocurrency Questions: Bloomberg Crypto Podcast  Bloomberg
  
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• Bitcoin Volatility Shrinks To All-Time Lows – What To Expect

  25-10-2022 11:56 via newsbtc.com
  The Bitcoin price is currently so stable that some experts are already jokingly comparing it to a stablecoin. However, from a historical perspective, this low volatility level carries a lot of risk. As Glassnode reports, BTC is trading in an incredibly small range of $869, separating the weekly low and high by just 4.6%.
  Glassnode looks at these bearish risks but also bullish opportunities in its new weekly report. Periods of extremely low volatility have been very rare in Bitcoin’s histor
  
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• Ecosystem is bullish on the Metaverse, no matter what the numbers imply

  25-10-2022 11:49 via cointelegraph.com
  Despite the reports surfacing of low numbers of unique active wallets on Decentraland, the metaverse hype, investment and development go on.
  
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• Near Foundation sets up $40M fund to bail out USN investors in case of collapse

  25-10-2022 11:35 via cointelegraph.com
  The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure.
  
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• Shiba Inu vs Cardano: Which Cryptocurrency will Reach US$1 Before 2023 Ends? - Analytics Insight

  25-10-2022 11:15 via news.google.com
  Shiba Inu vs Cardano: Which Cryptocurrency will Reach US$1 Before 2023 Ends?  Analytics Insight
  
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• Should Your Small Business Accept Cryptocurrency? - Coin Rivet

  25-10-2022 11:01 via news.google.com
  Should Your Small Business Accept Cryptocurrency?  Coin Rivet
  
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• Blockchain security companies tackle cryptocurrency theft, ransom tracing - CSO Online

  25-10-2022 11:00 via news.google.com
  Blockchain security companies tackle cryptocurrency theft, ransom tracing  CSO Online
  
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• Cryptocurrency News Update: Crypto’s That Should Interest You – Cardano and Big Eyes Coin - Yahoo Finance

  25-10-2022 10:47 via news.google.com
  Cryptocurrency News Update: Crypto’s That Should Interest You – Cardano and Big Eyes Coin  Yahoo Finance
  
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• Analyst puts Bitcoin price at $30K next month with breakout due

  25-10-2022 10:45 via cointelegraph.com
  There's every reason to be bullish on BTC on shorter timeframes as months of volatility compression look set to stop.
  
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• Shiba Inu Burn Rate Spikes By 1,860% – Why Investors Should Take Note Of This

  25-10-2022 10:44 via newsbtc.com
  Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its decline.Over the last 24 hours, over 45 million SHIB Tokens were burned
  During the same time frame, Shiba Inu failed to increase its trading price
  Analysts think the asset might “die” by the end of 2023But despite the destruction of around 410 trillion of its supply since its introduction to the crypto space, SHIB failed to make any kind of rally as it
  
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