Cryptocurrency news

• FASB accounting changes for cryptocurrency will also change accounting - Fortune

  04-11-2022 23:43 via news.google.com
  FASB accounting changes for cryptocurrency will also change accounting  Fortune
  
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• Nigerians favor decentralized cryptos despite country's own cryptocurrency - Techstory

  04-11-2022 23:19 via news.google.com
  Nigerians favor decentralized cryptos despite country's own cryptocurrency  Techstory
  
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• Web3 Foundation makes bold claim to SEC: 'DOT is not a security. It is merely software'

  04-11-2022 23:12 via cointelegraph.com
  According to CLO Daniel Schoenberger, the team developed a “workable theory of how token morphing may be achieved” for DOT based on the SEC’s concerns and federal securities laws.
  
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• Chainlink (LINK) Breaks Out Of Range; Will Bulls Push The Price To $12?

  04-11-2022 23:00 via newsbtc.com
   LINK rallies with high volume as the price breaks above its range channel of $8 after a while as bulls eyes $12.
   LINK’s price continues to trend higher with strong volume as the market looks promising for many altcoins. 
  LINK’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA).of over 180 days old as the price eyes a major rally after having a tough time breaking this region with good volume. The crypto ma
  
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• CBDCs are a declaration of war against the banking system claims economist

  04-11-2022 22:45 via cointelegraph.com
  Richard Werner discusses decentralization's challenges and blockchain's role in it in an exclusive interview with Cointelegraph.
  
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• OCC makes its staff available for fintech-related discussions

  04-11-2022 22:15 via cointelegraph.com
  The announcement of one-on-one discussions with the OCC followed the department saying it planned to establish an Office of Financial Technology starting in 2023.
  
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• Is Bitcoin bullish or nah? Here is what is really going on with BTC price

  04-11-2022 22:00 via cointelegraph.com
  Data suggests BTC is finally carving out a bottom, but is it time to buy?
  
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• FX spot settlement in 10 seconds: NY Fed releases results of wholesale CBDC research

  04-11-2022 21:45 via cointelegraph.com
  Project Cedar successfully used custom distributed ledger technology to settle hypothetical transactions quickly “from the perspective of the Federal Reserve.”
  
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• Vice Chairman Gilbert to host event on NFT, blockchain, and cryptocurrency - South Florida Caribbean News

  04-11-2022 21:43 via news.google.com
  Vice Chairman Gilbert to host event on NFT, blockchain, and cryptocurrency  South Florida Caribbean News
  
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• Blockchain Association Supports Ripple’s Efforts Against SEC - The Coin Republic

  04-11-2022 21:30 via news.google.com
  Blockchain Association Supports Ripple’s Efforts Against SEC  The Coin Republic
  
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• Algorand (ALGO) Continues To Shine With 21% Gains In 7 Days

  04-11-2022 21:08 via newsbtc.com
  Algorand, the pure proof-of-stake protocol continues to keep gains from seven days prior. The blockchain’s native token ALGO has retained over 21% of profits, joining top performers like Doge and BNB. In the past several weeks, the price of Algorand has been making a positive recovery. This coincides with a general resurgence in the value of cryptocurrencies.
  Algorand’s price increased by 2.65% in the last day, reaching $0.411. This is consistent with its recent upward trend of over
  
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• JPMorgan executes first DeFi trade on a public blockchain: Finance Redefined

  04-11-2022 21:05 via cointelegraph.com
  MakerDAO co-founder Nikolai Mushegian's death opened a new Pandora's box of conspiracy theories, based on some of his recent tweets.
  
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• JP Morgan executes first DeFi trade on a public blockchain: Finance Redefined

  04-11-2022 21:05 via cointelegraph.com
  MakerDAO co-founder's death opened a new pandora box of conspiracy theories, based on some of his recent tweets.
  
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• Inflation is killing us; cryptocurrency alone cannot beat it - Cointelegraph

  04-11-2022 21:00 via news.google.com
  Inflation is killing us; cryptocurrency alone cannot beat it  Cointelegraph
  
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• Inflation is killing us; cryptocurrency alone cannot beat it

  04-11-2022 20:59 via cointelegraph.com
  Traditional currencies are failing, and research has shown that cryptocurrencies may be susceptible to the same shortcomings.
  
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• Cryptocurrency Regulatory Landscape and Digital Assets Updates - The National Law Review

  04-11-2022 20:38 via news.google.com
  Cryptocurrency Regulatory Landscape and Digital Assets Updates  The National Law Review
  
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• Traders expect 200% upside from MATIC, but does Polygon network data support that?

  04-11-2022 20:35 via cointelegraph.com
  MATIC’s recent rally and partnerships are turning heads and on-chain activity may hint at further growth.
  
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• Huobi May Soon Lay Off Employees - The Coin Republic

  04-11-2022 20:32 via news.google.com
  Huobi May Soon Lay Off Employees  The Coin Republic
  
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• Tattoo industry expands into the NFT space amid digital culture shift

  04-11-2022 20:15 via cointelegraph.com
  Nonfungible tokens may be an option for maximizing monetization and exposure for a tattoo artists' work.
  
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• Cryptocurrency wallets targeted by novel Laplas clipboard stealer - SC Media

  04-11-2022 20:15 via news.google.com
  Cryptocurrency wallets targeted by novel Laplas clipboard stealer  SC Media
  
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• Bitcoin Breaks $21k As Market Shows Signs Of Accumulation

  04-11-2022 20:00 via newsbtc.com
  Bitcoin has today broken past $21k in a sharp surge as on-chain data suggests signs of accumulation from the investors.
  Bitcoin UTXO Value Bands Show Multiple Groups Have Been Buying Recently
  As pointed out by an analyst in a CryptoQuant post, the value bands who took profit around ten days ago are now accumulating again.
  The relevant indicator here is the “UTXO value bands,” which tells us what percentage of the total Bitcoin supply is held by which groups.
  The value bands or groups
  
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• Crypto Biz: Was Celsius just a Ponzi after all?

  04-11-2022 19:30 via cointelegraph.com
  The bankrupt crypto lender has been accused by customers of being a Ponzi. Meanwhile, Binance's $500 million investment in Elon Musk's Twitter has been confirmed.
  
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• Cryptocurrency Bitcoin Cash Up More Than 4% In 24 hours - Bitcoin Cash (BCH/USD) - Benzinga

  04-11-2022 19:28 via news.google.com
  Cryptocurrency Bitcoin Cash Up More Than 4% In 24 hours - Bitcoin Cash (BCH/USD)  Benzinga
  
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• Chainlink is about to pull a bullish trigger. Here is what could happen next

  04-11-2022 18:47 via coinjournal.net
  For yet another time, Chainlink (LINK/USD) is showing that it is punching below its knees. LINK has been trading within a tight range, with bearish pressure pushing the cryptocurrency below an ascending trendline. The token has since recovered, and a strong bullish momentum is building. So what happened?
  LINK added more than 7% on Friday, taking the total gains in the week to 20%. The gains came after crucial cryptocurrency news for Chainlink. According to a Thursday announcement, Chainlink
  
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• How to transfer $1 billion for basically free: Bitcoin whale watching

  04-11-2022 18:45 via cointelegraph.com
  At just 15 sats/vByte, a Bitcoin user is demonstrating just how cheap it is to send vast sums of money across the internet.
  
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• BNB nears a “Golden Cross” as the token confirms another breakout

  04-11-2022 18:33 via coinjournal.net
  Binance native token (BNB/USD) price has hit a new level. At $352, BNB is trading at the highest level since May 09, 2022. That comes as numerous developments continue to trickle in for the world’s largest crypto exchange. From a brief technical outlook, the native token is about to initiate a “golden cross,” and the next move could be unstoppable.
  As you already know, Binance continues to be dragged into Twitter’s acquisition developments. Binance CEO Changpeng Zhao
  
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• Binance Coin Breaks Out Of Its Resistance Of $335; Will $450 Be The Next Stop?

  04-11-2022 18:20 via newsbtc.com
  BNB rallies with high volume as price breaks above $335 after a while as bulls eyes $450.
   BNB’s price continues to trend higher with strong volume as the market looks promising for many altcoins, including BNB. 
  BNB’s price remains strong on the daily timeframes as the price trades above the 50 and 200 Exponential Moving Averages (EMA).Binance Coin (BNB) price recently showed some great price action as the price rallied to a high of $350 and broke past this region that ha
  
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• Elrond Transforms Into MultiversX, Launches 3 New Metaverse Products

  04-11-2022 18:03 via coinjournal.net
  Sibiu, Romania, 4th November, 2022, Chainwire
  Elrond, the startup building internet scale blockchain technology, announces its transformation into MultiversX. The company thus expands its mission of building the new internet economy to include the digital meta-space frontier.
  The metaverse-forward company introduces three new products as the pillars for its evolution.xFabric is a sovereign blockchain module, and core blockchain applications. Deployable in minutes. Fully customizable. Including a
  
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• Why Ethereum Would Have Been A Better Investment For MicroStrategy

  04-11-2022 18:00 via newsbtc.com
  The debate of which is the better investment between Bitcoin and Ethereum continues to wax strong between communities. This time around, it is being put to the test using MicroStrategy’s crypto investments over the years. Microstrategy is currently seeing a loss on the 130,000 BTC that it had purchased over the years, making it the public company with the largest bitcoin holdings. But what if the company had invested in Ethereum instead?
  Ethereum Is A Better Bet
  In the course of about two
  
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• UK lawmakers open inquiry into NFT regulation — ‘there are fears that the bubble may burst’

  04-11-2022 18:00 via cointelegraph.com
  According to the DCMS committee, NFT regulation in the U.K. is “largely non-existent,” with lawmakers planning to assess the assets ahead of a review by the treasury department.
  
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• UK lawmakers open inquiry into NFT regulation — 'there are fears that the bubble may burst'

  04-11-2022 18:00 via cointelegraph.com
  According to the DCMS committee, NFT regulation in the U.K. is “largely non-existent,” with lawmakers planning to assess the assets ahead of a review by the treasury department.
  
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• Polygon’s MATIC clears resistance on Meta news. Here is the next potential target

  04-11-2022 17:55 via coinjournal.net
  It is another good day for Polygon (MATIC/USD). CoinJournal reported that tech giant Meta would use Polygon for its digital collectibles. Meta says that creators can make their own NFTs on Instagram, which they can sell to their fans. The company said it was testing the new digital collectibles features with the US creators but will expand to more countries soon.
  The chance to help Meta in its NFT endeavours is significant news for Polygon’s native token, MATIC. The cryptocurrency tra
  
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• Cryptocurrency selloff causing attractive opportunities to arise in bear market, according to analysts - Proactive Investors USA

  04-11-2022 17:35 via news.google.com
  Cryptocurrency selloff causing attractive opportunities to arise in bear market, according to analysts  Proactive Investors USA
  
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• Dogecoin trader explains why shorting DOGE now makes sense

  04-11-2022 17:22 via cointelegraph.com
  The independent market analyst will short Dogecoin even more if Elon Musk goes ahead with his plans to add DOGE payments to Twitter.
  
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• WeSleep Unveils its ‘Sleepie’ NFTs

  04-11-2022 17:12 via coinjournal.net
  Vilnius, Lithuania, 4th November, 2022, Chainwire
  Web3 app WeSleep has launched with the promise of daily rewards for users who pursue a healthy and active lifestyle. Dubbed a sleep-to-earn app, WeSleep utilizes clever tokenomics to incentivize positive behaviors.
  WeSleep is a sleep-to-earn Web3 app that incentivizes users to pursue a healthy and active lifestyle on a daily basis.
  • A Sleepie is a unique NFT that can be bought to allow rewards, in the form of $ZZZ tokens, to be passively ge
  
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• Why are institutions accumulating crypto in 2022? Fidelity researcher explains

  04-11-2022 17:00 via cointelegraph.com
  Institutional involvement in crypto, especially in Ethereum, has increased in 2022 despite the bear market, according to the latest findings of a Fidelity Digital Assets survey.
  
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• Fresh Bitcoin Long Positions Open Up On Exchanges As Funding Rates Turn Positive

  04-11-2022 17:00 via newsbtc.com
  On-chain data shows Bitcoin funding rates have turned positive, suggesting there have been some fresh long openings on derivative exchanges.
  Bitcoin Funding Rate Turns Green After Derivative Exchange Inflows Spike Up
  As pointed out by an analyst in a CryptoQuant post, the new long positions can drive the price up in the short term.
  There are mainly two Bitcoin indicators of relevance here, the derivative exchange inflow CDD, and the funding rates.
  First, the “derivative exchange inflow CDD
  
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• This week in crypto: Instagram adds support for Polygon-powered NFTs

  04-11-2022 16:56 via coinjournal.net
  Meta announced this week that it would soon allow Instagram users to mint and sell Polygon-powered nonfungible tokens (NFTs).Instagram users to mint and sell NFTs
  Meta, Facebook’s parent company, announced this week that Instagram users would soon be able to mint and sell NFTs on the social media platform.
  The social media giant added that users could mint, showcase and sell digital collections powered by NFTs on Polygon. Meta added that the move is designed to enable creators on Inst
  
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• SushiSwap Suffers Monthly Drop In TVL – How Will SUSHI Perform This November?

  04-11-2022 16:50 via newsbtc.com
  Traders and investors in SushiSwap face a unique conundrum as optimistic and bearish signals battle for control of the market. The recent inclusion of SushiSwap on Boba Network may account for the increased number of whale sightings on the site.
  Even while this points to a strengthening bullish market for SushiSwap, the TVL numbers act as a counterpoint to the recent events. As reported by DeFiLlama, Sushi’s TVL numbers fell on November 3 but have since risen, reversing the monthly decline
  
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• Fidelity, ForUsAll now offering 401(k) investors access to cryptocurrency - CNBC

  04-11-2022 16:45 via news.google.com
  Fidelity, ForUsAll now offering 401(k) investors access to cryptocurrency  CNBCForUsAll Formally Launches Cryptocurrency-Capable 401(k)  National Association of Plan AdvisorsFidelity Investments Continues Embrace of Cryptocurrency  PYMNTS.comFidelity Opens Wait List for Retail Crypto Trading With Zero Fee  BloombergView Full Coverage on Google News
  
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• Here Are Some Ways a Cryptocurrency's Value Can Be Calculated - The Tokenist

  04-11-2022 16:34 via news.google.com
  Here Are Some Ways a Cryptocurrency's Value Can Be Calculated  The Tokenist
  
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• Cryptocurrency Prices Never Tell The Full Story - Crypto Mode

  04-11-2022 16:30 via news.google.com
  Cryptocurrency Prices Never Tell The Full Story  Crypto Mode
  
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• Allbridge integrates with Tezos to provide cross-chain interoperability

  04-11-2022 16:30 via coinjournal.net
  Allbridge has integrated with the Tezos blockchain in a bid to provide cross-chain interoperability functions.Allbridge, a cross-chain bridge platform, announced that it has integrated with the open-source, energy-efficient Tezos blockchain. The team revealed that the cross-chain bridge is a mutual collaboration between the Allbridge and MadFish.Solutions teams.
  According to the press release shared with Coinjournal, this latest cryptocurrency news means that 16 blockchains will be integrated wi
  
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• Bitcoin Price Retakes $21,000 And May Keep Rising Due To These Factors

  04-11-2022 16:18 via newsbtc.com
  The Bitcoin price is regaining bullish momentum over today’s trading session, retracing the losses seen early in the week. Once again, the cryptocurrency is under the influence of macroeconomic forces working in its favor for the first time in months.
  At the time of writing, the Bitcoin price trades at $21,000 with a 4% profit in the last 24 hours and seven days, respectively. Other cryptocurrencies in the crypto top 10 are displaying similar strength, with Binance Coin (BNB) and Dogecoin
  
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• Top Cryptocurrency Trading Stocks For Bitcoin Traders - DailyFX

  04-11-2022 16:00 via news.google.com
  Top Cryptocurrency Trading Stocks For Bitcoin Traders  DailyFX
  
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• Fintech Uala Launches Cryptocurrency Trading in Argentina - Bloomberg

  04-11-2022 16:00 via news.google.com
  Fintech Uala Launches Cryptocurrency Trading in Argentina  Bloomberg
  
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• Bitcoin sets new 7-week high as BTC price jumps past $21K on US jobs

  04-11-2022 15:55 via cointelegraph.com
  Just like that, BTC price action marks its highest levels since mid-September as U.S. unemployment data hints Fed rate hikes are working.
  
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• Elrond rebrands as MultiversX, shifts focus to the metaverse

  04-11-2022 15:14 via cointelegraph.com
  The blockchain developer announced it will transform into MultiversX, as it shifts focus on metaverse development and introduces three new products.
  
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• MicroStrategy Bullish Bets Could Indicate A Cryptocurrency Rebound - MicroStrategy (NASDAQ:MSTR) - Benzinga

  04-11-2022 15:06 via news.google.com
  MicroStrategy Bullish Bets Could Indicate A Cryptocurrency Rebound - MicroStrategy (NASDAQ:MSTR)  Benzinga
  
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• WhatsApp crash: Are decentralized blockchain messengers a real alternative?

  04-11-2022 15:01 via cointelegraph.com
  Centralized communication apps share one crucial feature: They crash often. Cointelegraph investigates to see if decentralization can offer a solution.
  
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