Cryptocurrency news

• Elizabeth Warren led cryptocurrency bill in works, may give SEC most regulatory authority - CryptoSlate

  06-12-2022 23:45 via news.google.com
  Elizabeth Warren led cryptocurrency bill in works, may give SEC most regulatory authority  CryptoSlate
  
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• Bitcoin Fundamental Expert Breaks Down Why The Bottom Is In

  06-12-2022 23:41 via newsbtc.com
  Calling the bottom in Bitcoin is no easy task. Prices tend to fall more dramatically and faster than anyone is prepared for and is the investing equivalent of catching a falling knife.
  Yet if anyone is equipped to accurately call the bottom in crypto, it would be Charles Edwards, fund manager and Bitcoin fundamental expert, responsible for creating some of the most famous tools in crypto. 
  Meet The Creator Of The Most Profitable Bitcoin Buy Signal
  Although you might not know Charles Edwards
  
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• This Report Suggests Crypto Sector Bearing A Final Flush-Out

  06-12-2022 23:37 via newsbtc.com
  The crypto market is currently undergoing a series of unfortunate events. From the crash of stablecoin Terra to the fall of Celsius, it has been a gloomy year for crypto investors.
  More recently, the capitulation of the Bankman-Fried-led popular exchange FTX has further amplified this negative trend. In addition, exchanges like Gemini and Coinbase have laid off a significant chunk of their workforce.According to Glassnode reports, the collapse of FTX has led to one of the largest; deleveraging e
  
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• Synthetix token soars 6%, but watch for bear repulse at the descending trendline

  06-12-2022 23:26 via coinjournal.net
  Synthetix token extended weekly gains on Tuesday by adding another 6%
  The token trades below a descending trendline
  Bears may attempt to force a correction if buyers weaken at $2.0
  Synthetix token price (SNX/USD) initiated an accelerated recovery on Tuesday, jumping by an intraday of 6%. The token’s value has now increased by double digits in the past week. The recovery happens from the November lows of $1.57. The cryptocurrency was trading at $1.91 as of press time. Is it too early to mak
  
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• Is there hope for Theta token as the year comes to an end?

  06-12-2022 23:14 via coinjournal.net
  Theta token has lost 94% of its value from its ATH
  The cryptocurrency was rejected at the $1 resistance and is correcting
  THETA could end the year below $1 if a breakout does not occur at the crucial resistance
  All cryptocurrencies are in tatters, at least for now. However, some tokens have been the worst hit as the crypto winter ravages. Theta Network token (THETA/USD) can be considered extremely bearish this year. A loss of more than 94% from its all-time high tells of a token that was on
  
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• Algorand price fails to take off amid World Cup exploits. What next?

  06-12-2022 23:08 via coinjournal.net
  Algorand is bearish despite World Cup sponsorship
  The token has crashed due to a bear market
  ALGO may face further weakness unless bulls recover above $0.28
  Algorand (ALGO/USD) was a cryptocurrency expected to shine as the FIFA World Cup kicked off last month. As the official blockchain sponsor of this year’s sporting event, the native token was expected to perform. Already, FIFA created its own NFT platform in September on the Algorand platform. That made it possible for football fans to
  
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• This Analyst Thinks Bitcoin Will Hit $5,000 in 2023, Any Possibility?

  06-12-2022 23:00 via newsbtc.com
  Since the first few months of 2022, Bitcoin and crypto space has maintained a bearish trend, though there were a few spikes to recall. Several markets, including the stock markets, are still facing a crisis. Unfortunately, there are no signs of a reversal in the interim.
  Moreover, several investors, financial experts, and institutions still wonder whether or not the market will recover soonest. BTC’s Return on Investment (ROI) is still very high. But it currently shows a -74.96% drop from
  
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• Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report

  06-12-2022 22:59 via cointelegraph.com
  Mark Cohen was a former assistant U.S. attorney for the Eastern District of New York who was also on the defense team for the high-profile criminal case involving Ghislaine Maxwell.
  
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• Cryptocurrency has become a playground for fraudsters - Cointelegraph

  06-12-2022 22:53 via news.google.com
  Cryptocurrency has become a playground for fraudsters  Cointelegraph
  
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• North Korean Lazarus Group is targeting crypto funds with a new spin on an old trick

  06-12-2022 22:50 via cointelegraph.com
  Microsoft and cybersecurity firm Volexity have traced a new version of AppleJeus malware to the hackers behind the Ronin exploit and numerous other online heists.
  
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• Cryptocurrency has become a playground for fraudsters

  06-12-2022 22:43 via cointelegraph.com
  Currency speculation was once the preserve of banking institutions, governments, and investment funds. But with cryptocurrency, it's being sold to the public as casino entertainment.
  
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• Man behind the iPod launches new cryptocurrency wallet - Reuters

  06-12-2022 22:22 via news.google.com
  Man behind the iPod launches new cryptocurrency wallet  Reuters
  
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• 3 reasons why Ethereum price keeps rejecting at the $1,300 level

  06-12-2022 22:05 via cointelegraph.com
  Traders are not sure if ETH will be able to hold the $1,200 level while the S&P 500 rapidly approaches the crucial 3,900 support and ETH derivatives data hints at more downside.
  
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• Glassnode: Bitcoin Holders Realized 14x More Losses Than Profits Recently

  06-12-2022 22:00 via newsbtc.com
  Data from Glassnode reveals Bitcoin holders realized 14 times more losses than profits in recent weeks.
  Bitcoin 7-Day MA Realized Profit/Loss Ratio Sets New All-Time Low
  As per the latest weekly report from Glassnode, the realized profit/loss ratio has assumed its lowest value ever recently.
  Whenever a coin sits idle on the chain and the price of Bitcoin changes, it accumulates some amount of profit or loss, depending upon the direction of the price fluctuation.
  This profit or loss is called &ld
  
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• Paraguay's legislature fails to reverse presidential veto on crypto regulation law

  06-12-2022 21:45 via cointelegraph.com
  The reconsideration of the bill, ‘Regulating the industry and marketing of virtual assets — crypto assets’, received 38 votes out of a total of 80 lawmakers.
  
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• SIM swapper sent to prison for 2FA cryptocurrency heist of over $20m - Naked Security

  06-12-2022 20:56 via news.google.com
  SIM swapper sent to prison for 2FA cryptocurrency heist of over $20m  Naked Security
  
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• Warner Music, Polygon and LGND.io partner to launch Web3 music platform

  06-12-2022 20:00 via cointelegraph.com
  The platform LGND Music is set to officially launch in January 2023, and will also include dance record label Spinnin’ Records.
  
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• Warner Music, Polygon and LGND partner to launch Web3 music platform

  06-12-2022 20:00 via cointelegraph.com
  The platform LGND Music is set to officially launch in January 2023, and will also include dance record label Spinnin’ Records.
  
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• Microsoft: Hackers target cryptocurrency firms over Telegram - BleepingComputer

  06-12-2022 19:56 via news.google.com
  Microsoft: Hackers target cryptocurrency firms over Telegram  BleepingComputer
  
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• XRP faces a potential collapse back to $0.30. Here is the price action

  06-12-2022 19:55 via coinjournal.net
  XRP has been trading on a short-term uptrend
  The cryptocurrency is facing pressure at the $0.40 resistance
  Watch for the daily candlestick close for confirmation of a bearish move
  Ripple (XRP/USD) looked poised for a breakout at $0.40. The cryptocurrency has been trading on a short-term ascending channel, giving hopes that a breakout was on the horizon. Investors have remained hopeful as Ripple’s case with the SEC enters the final stages. With little cryptocurrency news coming up to r
  
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• Bitcoin on-chain data shows 5 reasons why the BTC bottom could be in

  06-12-2022 19:55 via cointelegraph.com
  On-chain analysis gives compelling reasons why BTC price could be in the final stages of a bottoming process.
  
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• Best 3 ERC20 tokens to buy in 2023

  06-12-2022 19:48 via coinjournal.net
  Ever heard of ERC20 tokens? These are virtual assets with a residency on the Ethereum blockchain. In other words, they run on Ethereum. ERC20 simply denotes the standard used to create and issue smart contracts on the Ethereum blockchain. Users can create the ERC20 tokens via smart contracts on the network. Currently, there are over 450,000 ERC20 contract tokens.
  With numerous tokens made under the ERC20 standard, it is possible to get confused about which coins to buy when the market turns
  
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• Financial Stability Board aims to address crypto-related risks following FTX’s collapse

  06-12-2022 19:30 via cointelegraph.com
  Though the international board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority.
  
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• Financial Stability Board aims to address crypto-related issues following 'failure of FTX'

  06-12-2022 19:30 via cointelegraph.com
  Though the board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority.
  
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• Kevin O'Leary defends SBF, says FTX should be audited

  06-12-2022 18:45 via cointelegraph.com
  O’Leary emphasized that the truth about FTX can be discovered, thanks to the unique nature of blockchain technology.
  
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• Abandon cryptocurrency, CNBC's Jim Cramer tells investors - New York Post

  06-12-2022 18:39 via news.google.com
  Abandon cryptocurrency, CNBC's Jim Cramer tells investors  New York Post
  
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• Ethereum change cut cryptocurrency power demand - BBC

  06-12-2022 18:23 via news.google.com
  Ethereum change cut cryptocurrency power demand  BBC
  
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• Chainlink launches staking to increase the security of oracle services

  06-12-2022 18:00 via cointelegraph.com
  Stakers will earn Chainlink tokens as they participate in a decentralized alerting system that flags the network when feeds are not meeting performing requirements.
  
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• Animoca Brands secures majority stake in music metaverse gaming platform

  06-12-2022 18:00 via cointelegraph.com
  Animoca wants to advance the music industry within Web3 and gaming through its latest partnership with Pixelynx.
  
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• Solana Price Could Target $15 If It Breaches These Levels

  06-12-2022 17:55 via newsbtc.com
  The Solana price has turned bullish on the daily chart. Over the last 24 hours, the altcoin has risen by 1%. SOL has logged close to a 6% gain in the last week. Although the coin depicts positive price action on the daily time frame, the bulls might fade on the weekly time frame if demand for SOL doesn’t appreciate.
  The technical outlook of the Solana price indicated accumulation, which meant that demand was returning in the market. The asset’s price has crossed the $14 mark, which h
  
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• Ohio Teachers Pension Has No Comment Or Records Regarding Its Cryptocurrency Investments - Forbes

  06-12-2022 17:52 via news.google.com
  Ohio Teachers Pension Has No Comment Or Records Regarding Its Cryptocurrency Investments  Forbes
  
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• Internal audit introductory guide to cryptocurrency and blockchain auditing - Wolters Kluwer

  06-12-2022 17:46 via news.google.com
  Internal audit introductory guide to cryptocurrency and blockchain auditing  Wolters Kluwer
  
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• Cryptocurrency investor losses are being turned into IRS gains — here’s how they're doing it - MarketWatch

  06-12-2022 17:46 via news.google.com
  Cryptocurrency investor losses are being turned into IRS gains — here’s how they're doing it  MarketWatch
  
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• SHIB Falls From 10th Spot As Whales Move To Other Crypto Assets

  06-12-2022 17:00 via newsbtc.com
  As investors look to consolidate profitable positions, big moves are being made in the crypto market, and recently top Ethereum whales have switched their assets from SHIB to other coins.This move has removed the popular meme coin from their list of top ten assets. Shiba Inu is also feeling the effects of the recent downturn in prices. Investors’ faith in crypto is low due to the FTX crash. However, some investors are still optimistic about the rise of crypto with more adoption and utiliza
  
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• US lawmakers request answers from Silvergate over ties to FTX: Report

  06-12-2022 16:46 via cointelegraph.com
  Three senators said they were concerned about Silvergate following reports suggesting that the bank "facilitated the transfer of FTX customer funds to Alameda."
  
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• Ethereum 'March 2020' fractal hints at price bottom — But ETH bears predict 50% crash

  06-12-2022 16:44 via cointelegraph.com
  Ethereum market analysts desperately search for the bottom but ETH price technicals aren't excluding further downside below $700.
  
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• Ethereum ‘March 2020’ fractal hints at price bottom — But ETH bears predict 50% crash

  06-12-2022 16:44 via cointelegraph.com
  Ethereum market analysts desperately search for the bottom but ETH price technicals aren’t excluding further downside below $700.
  
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• ConsenSys will shorten MetaMask data retention to 7 days following privacy discourse

  06-12-2022 16:36 via cointelegraph.com
  The firm sparked controversy last month after disclosing MetaMask's data collection practices.
  
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• Santa Came Early In Crypto? Bitcoin Rally May Have Passed

  06-12-2022 16:05 via newsbtc.com
  Bitcoin saw positive price action recently but failed to follow through and could remain rangebound for December. The cryptocurrency rose from a new yearly low at $15,500, and market participants were expecting further profits, but the market has stalled. As of this writing, Bitcoin is moving between $16,900 and $17,100. The cryptocurrency still maintains profits from its previous week, but today’s trading session has leaned towards the downside. 
  BTC’s price moving sideway
  
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• Bitcoin clings to $17K as ARK flags 'historically significant capitulation'

  06-12-2022 16:03 via cointelegraph.com
  BTC price action is suffering from FTX, but decentralized blockchains are "as strong as ever," says ARK Invest.
  
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• Sushiswap chief says it only has 1.5 years of treasury runway left

  06-12-2022 15:50 via cointelegraph.com
  The DEX's operating expenses currently amount to $5 million per year.
  
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• SushiSwap chief says DEX only has 1.5 years of treasury runway left

  06-12-2022 15:50 via cointelegraph.com
  The decentralized exchange's operating expenses currently amount to $5 million per year.
  
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• ‘Father of the iPod’ helps Ledger create new cold crypto wallet

  06-12-2022 15:30 via cointelegraph.com
  Tony Fadell, the man behind the iPod, iPhone and Nest Thermostat, collaborates with major crypto wallet firm Ledger to build a new cold wallet.
  
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• Explosive Growth of Green Cryptocurrency as Amazon and Microsoft Join as Affiliate Partners – Presale Shoots Past $14 Million Raised - Cryptonews

  06-12-2022 15:15 via news.google.com
  Explosive Growth of Green Cryptocurrency as Amazon and Microsoft Join as Affiliate Partners – Presale Shoots Past $14 Million Raised  Cryptonews
  
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• Runfy Might Become The Most Sought-After Cryptocurrency Ahead of Bitcoin and Flow - Analytics Insight

  06-12-2022 15:12 via news.google.com
  Runfy Might Become The Most Sought-After Cryptocurrency Ahead of Bitcoin and Flow  Analytics Insight
  
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• The impact of CBDCs on stablecoins with Bitget's Gracy Chen

  06-12-2022 15:01 via cointelegraph.com
  While CBDCs will cater to local demands, cooperation between countries could facilitate and support the widespread adoption of readily-available stablecoins.
  
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• BTC difficulty drops by the biggest margin since 2021

  06-12-2022 14:45 via cointelegraph.com
  Bitcoin mining difficulty has dropped by its biggest margin since July 2021 amid difficult conditions for miners.
  
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• Bitcoin advocate dishes out sats over Lightning Network to raise BTC awareness

  06-12-2022 14:30 via cointelegraph.com
  A Twitter user from the United Kingdom spent hours sending micropayments to strangers on the internet to demonstrate the Bitcoin Lightning Network.
  
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• Uniswap price prediction as a bearish divergence forms

  06-12-2022 14:20 via coinjournal.net
  Uniswap price has been in a recovery mode in the past few weeks.
  Analysts expect that decentralized exchanges will thrive in the long term.
  It has formed a bearish divergence pattern.
  Uniswap price has made a slow recovery in the past few weeks as demand for its ecosystem rose. UNI rose to a high of $6.15, which was about 30% above the lowest level this year. Its market cap has risen to about $4.6 billion, making it the 17th biggest cryptocurrency in the world.
  Uniswap ecosystem growth
  Uniswap i
  
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• Price Slump For Bitcoin Looming As VIX Rises Back Above 20

  06-12-2022 14:11 via newsbtc.com
  The Bitcoin price has currently stabilized strongly around the $17,000 mark. However, the price could face further headwinds in the coming days, as the VIX exposes.
  The VIX is a real-time volatility index from the Chicago Board Options Exchange (CBOE). It was created to quantify market expectations of volatility.
  In doing so, the VIX is forward-looking, meaning that it only shows the implied volatility of the S&P 500 (SPX) for the next 30 days.
  Basically, if the VIX value goes up, the S&
  
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