Cryptocurrency news

• Key Support Line For Cardano Price Rests Here As The Coin Moves South

  07-12-2022 23:46 via newsbtc.com
  The Cardano price has declined steeply over the past trading sessions. The altcoin currently trades within a descending triangle pattern. This means that the coin could be headed for further decline unless it manages to break past a few vital price ceilings.
  Over the last 24 hours, ADA declined by 1.3%. In a weekly timeframe, the altcoin price has been hovering around the same range. In recent weeks, the Cardano price has reached new highs. This reading is tied to bullish price action; however,
  
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• Coinbase CEO says trading revenue has fallen to ‘roughly half’ what it was last year

  07-12-2022 22:30 via cointelegraph.com
  The cryptocurrency exchange had previously reported that it expected losses of $500 million this year amid the bear market.
  
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• Blockchain is the only viable path to privacy and censorship resistance in the 21st century

  07-12-2022 22:26 via cointelegraph.com
  Decentralized file-sharing services that Big Tech companies can’t control are the only way internet users will be able to maintain their freedom in the years ahead.
  
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• Buy the rumor, sell the news? Chainlink (LINK) price drops after staking launch

  07-12-2022 22:08 via cointelegraph.com
  LINK marines pile in as Chainlink staking launches, but will the event turn out to be a buy the rumor and sell the news event for the altcoin’s price?
  
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• Crypto consumer protection, proof of reserves bills introduced into US Congress

  07-12-2022 22:00 via cointelegraph.com
  New York Democrat Ritchie Torres introduced the short bills, which are meant to supplement more comprehensive legislation, earlier this month with little fanfare.
  
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• Bitcoin Bullish Signal: Exchange Whale Ratio Sharply Declines

  07-12-2022 22:00 via newsbtc.com
  On-chain data shows the Bitcoin exchange whale ratio has sharply declined recently, a sign that may prove to be bullish for the price of the crypto.
  Bitcoin 7-Day MA Exchange Whale Ratio Has Rapidly Gone Down Recently
  As pointed out by an analyst in a CryptoQuant post, the metric also saw a similar decline during the end of 2018.
  The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top ten transactions going to exchanges, and the total exchange in
  
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• Virginia Cryptocurrency Investors Want Lawmakers to Create Regulation - The Roanoke Star

  07-12-2022 21:33 via news.google.com
  Virginia Cryptocurrency Investors Want Lawmakers to Create Regulation  The Roanoke Star
  
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• ECB official proposes ban on tokens with an 'excessive ecological footprint'

  07-12-2022 21:30 via cointelegraph.com
  EU officials previously rejected an outright ban on crypto mining, but the Markets in Crypto Assets bill could require firms to report any potential environmental impact.
  
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• Price analysis 12/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

  07-12-2022 21:15 via cointelegraph.com
  The current weakness in BTC and major altcoins shows that investor sentiment remains negative and that bears are active at higher levels.
  
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• Meta ‘powering through’ metaverse plans: Nifty Newsletter, Nov. 30–Dec. 6

  07-12-2022 21:00 via cointelegraph.com
  Meta CEO Mark Zuckerberg highlighted that the company is hopeful about the metaverse despite costing billions of dollars.
  
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• Binance US eliminates trading fees for Ethereum

  07-12-2022 21:00 via cointelegraph.com
  This announcement comes months after the crypto exchange removed all trading fees for Bitcoin transactions.
  
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• Cardano’s MuesliSwap introduces ‘organic APR,’ drawing praise, criticism

  07-12-2022 20:30 via cointelegraph.com
  The new feature increases token emissions if more liquidity is put into the pool. Crypto Twitter is divided, to say the least.
  
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• Bitcoin options data shows bulls aiming for $17K BTC price by Friday’s expiry

  07-12-2022 20:12 via cointelegraph.com
  BTC bulls could secure a $130 million profit in the Dec. 9 options expiry, but bears aim to balance the scales by keeping Bitcoin price below $17,000.
  
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• Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX

  07-12-2022 20:00 via cointelegraph.com
  Torres is a crypto supporter who has questioned the performance of the SEC before; he has written new legislation on crypto companies’ proof of reserves and comingling of funds.
  
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• Cryptocurrency firms need to 'come into compliance' with existing rules, SEC Chair Gary Gensler says - CNBC

  07-12-2022 19:57 via news.google.com
  Cryptocurrency firms need to 'come into compliance' with existing rules, SEC Chair Gary Gensler says  CNBC
  
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• The blockchain trilemma: Can it ever be tackled?

  07-12-2022 19:33 via cointelegraph.com
  Blockchain trilemma is arguably the hardest technical problem to solve within Web3. How are blockchain networks approaching this?
  
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• Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report

  07-12-2022 19:30 via cointelegraph.com
  Celebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL quarterback Tom Brady, and NBA point guard Stephen Curry promoted FTX.
  
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• Zodia Custody launches service to protect users’ crypto from exchange insolvency

  07-12-2022 18:45 via cointelegraph.com
  The new service, Interchange, will provide an alternative to the pre-funding and margin models of cryptocurrency exchanges.
  
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• Blockchain group urges Texas to become hub for cryptocurrency, other emerging tech - Austin American-Statesman

  07-12-2022 18:45 via news.google.com
  Blockchain group urges Texas to become hub for cryptocurrency, other emerging tech  Austin American-Statesman
  
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• Why sports sponsorship is unlikely to save cryptocurrency firms from 'crypto winter' - The Conversation Indonesia

  07-12-2022 18:41 via news.google.com
  Why sports sponsorship is unlikely to save cryptocurrency firms from 'crypto winter'  The Conversation Indonesia
  
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• Why sports sponsorship is unlikely to save cryptocurrency firms from 'crypto winter' - The Conversation

  07-12-2022 18:41 via news.google.com
  Why sports sponsorship is unlikely to save cryptocurrency firms from 'crypto winter'  The Conversation
  
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• Ankr deploys $15M to make whole users as Helio stablecoin recovers after exploit

  07-12-2022 17:38 via cointelegraph.com
  Helio protocol had a total value locked of approx. $90 million before the incident.
  
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• Ankr deploys $15M to make users whole as Helio stablecoin recovers after exploit

  07-12-2022 17:38 via cointelegraph.com
  Helio protocol had a total value locked of approx. $90 million before the incident.
  
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• Brookings' Curious Case against Financial Inclusion via Cryptocurrency - Cato Institute

  07-12-2022 17:18 via news.google.com
  Brookings' Curious Case against Financial Inclusion via Cryptocurrency  Cato Institute
  
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• Bitcoin Miners Feel The Heat, More Selling Pressure Might Be Imminent

  07-12-2022 17:08 via newsbtc.com
  Bitcoin is still stuck in a tight range as market sentiment declines from optimistic to bearish and market participants brace for a possible impact. The cryptocurrency was thriving on the possibility of a positive change in the macroeconomic landscape. Did bulls rush into a trap?As of this writing, Bitcoin (BTC) trades at $16,800 with sideways movement in the last 24 hours. In the previous week, the cryptocurrency is holding onto some profits, but there is a chance the bullish trajectory will re
  
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• Online Cryptocurrency Promotion: What Athletes, Celebrities, and Other High-Profile Individuals Need to Know - JD Supra

  07-12-2022 16:52 via news.google.com
  Online Cryptocurrency Promotion: What Athletes, Celebrities, and Other High-Profile Individuals Need to Know  JD Supra
  
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• Mazars says users' BTC reserves on Binance are fully collateralized

  07-12-2022 16:34 via cointelegraph.com
  The scope of the AUP was limited to users' BTC holdings on Binance.
  
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• Into the storm: The murky world of cryptocurrency mixers - Cointelegraph

  07-12-2022 16:05 via news.google.com
  Into the storm: The murky world of cryptocurrency mixers  Cointelegraph
  
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• Into the storm: The murky world of cryptocurrency mixers

  07-12-2022 16:04 via cointelegraph.com
  A handful of obfuscation protocols are competing for the user base of OFAC-sanctioned Tornado Cash.
  
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• Security in crypto comes from liquidity or the lessons we learned after FTX

  07-12-2022 16:00 via cointelegraph.com
  Following the FTX fiasco, retail and institutional investors alike are now looking to draw valuable conclusions.
  
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• Madison Cawthorn's cryptocurrency promotion broke House ethics rules - NPR

  07-12-2022 15:53 via news.google.com
  Madison Cawthorn's cryptocurrency promotion broke House ethics rules  NPR
  
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• Bullish News For Polygon! zkEVM Mainnet Is Coming Soon, Says Co-Founder

  07-12-2022 15:07 via newsbtc.com
  Polygon, an Ethereum layer-2 solution, has recently seen massive hype due to notable partnerships with major brands such as Starbucks, Mercedes, Meta, Reddit, eBay, Disney, and Adobe, among others.
  And the team led by Sandeep Nailwal, co-founder of Polygon, continues to work hard to keep that hype going. Via Twitter, Nailwal shared a massively bullish news today. He wrote:
  zkEVM passing 99.5% of Ethereum test vectors putting Polygon zkEVM at extremely high EVM-equivalence.
  This is also reflected
  
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• Was the fall of FTX really crypto’s ‘Lehman moment?’

  07-12-2022 15:01 via cointelegraph.com
  Lehman Brothers’ 2008 collapse nearly brought the world financial system to its knees. Does FTX really compare? Are such analogies even useful?
  
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• Cryptolli Ltd, A Cryptocurrency Consulting Firm Based in London, Has Partnered with the Global Powerhouse Cryptocurrency Exchange MEXC - Yahoo Finance

  07-12-2022 14:55 via news.google.com
  Cryptolli Ltd, A Cryptocurrency Consulting Firm Based in London, Has Partnered with the Global Powerhouse Cryptocurrency Exchange MEXC  Yahoo Finance
  
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• Proactive sanctions can help spare the ecosystem: Chainalysis exec

  07-12-2022 14:53 via cointelegraph.com
  Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from.
  
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• 1 Top Cryptocurrency to Buy and Hold Forever - The Motley Fool

  07-12-2022 14:53 via news.google.com
  1 Top Cryptocurrency to Buy and Hold Forever  The Motley Fool
  
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• Assessing the ‘why’ behind Signature Bank’s move to limit cryptocurrency exposure - AMBCrypto News

  07-12-2022 14:36 via news.google.com
  Assessing the ‘why’ behind Signature Bank’s move to limit cryptocurrency exposure  AMBCrypto News
  
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• Rumor: Twitter To Feature Its Own Cryptocurrency? - Blockonomi

  07-12-2022 13:43 via news.google.com
  Rumor: Twitter To Feature Its Own Cryptocurrency?  Blockonomi
  
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• Institutional investors still eye crypto despite the FTX collapse

  07-12-2022 13:39 via cointelegraph.com
  Data sent by crypto exchange Bitstamp shows that institutional registrations in the trading platform increased by 57% in November.
  
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• Institutional investors still eye crypto despite FTX collapse

  07-12-2022 13:39 via cointelegraph.com
  Data from crypto exchange Bitstamp shows that institutional registrations on the trading platform increased by 57% in November.
  
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• Bank of Russia wants to ban miners from selling crypto to Russians

  07-12-2022 13:25 via cointelegraph.com
  The Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia.
  
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• Court denies injunction against delisting of cryptocurrency Wemix - Yonhap News Agency

  07-12-2022 13:15 via news.google.com
  Court denies injunction against delisting of cryptocurrency Wemix  Yonhap News Agency
  
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• Continued Upswing Of VIX Signals Doom For Bitcoin; But Friday Will Be Crucial

  07-12-2022 12:47 via newsbtc.com
  As NewsBTC reported, the VIX experienced a trend reversal last Friday which could be significant for Bitcoin as well.
  The VIX volatility index shows traders the expected range of fluctuation of the S&P 500. Remarkably, there is an inverse correlation between the VIX index and the S&P 500. A rising VIX index usually means falling prices for the S&P 500, and vice versa.
  Rising VIX Threatens Bitcoin Bulls
  The VIX dropped below the level of 19 on Friday, a mark that has been highly signi
  
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• BTC price hits new December low as Bitcoin dips 2% with Asia stocks

  07-12-2022 12:36 via cointelegraph.com
  Bitcoin fails to hold $17,000 as BTC price correlation with Asia stocks stands out on the day.
  
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• Crypto NFT Today: The Latest News in Blockchain, Cryptocurrency, and NFTs: Dec. 7-13, 2022 - Innovation & Tech Today

  07-12-2022 12:10 via news.google.com
  Crypto NFT Today: The Latest News in Blockchain, Cryptocurrency, and NFTs: Dec. 7-13, 2022  Innovation & Tech Today
  
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• Cryptocurrency prices marching in step with equity markets - City A.M.

  07-12-2022 12:00 via news.google.com
  Cryptocurrency prices marching in step with equity markets  City A.M.
  
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• Top Cryptocurrency Prices Today: Crypto Market Volume Declines - Analytics Insight

  07-12-2022 11:57 via news.google.com
  Top Cryptocurrency Prices Today: Crypto Market Volume Declines  Analytics Insight
  
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• Japan recommends against algorithmic backing in stablecoins

  07-12-2022 11:45 via cointelegraph.com
  The potential legal status of the Japanese Financial Service Agency’s recommendation is not clear as the current legislation is silent on algorithmic stablecoins.
  
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• Decentraland launches virtual property renting for LAND owners

  07-12-2022 11:25 via cointelegraph.com
  The metaverse platform announced that users who own LAND within Decentraland can officially rent out the rights to the space through the digital marketplace.
  
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• Thousands of illegal cryptocurrency mining units seized - Bangkok Post

  07-12-2022 11:15 via news.google.com
  Thousands of illegal cryptocurrency mining units seized  Bangkok Post
  
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