Cryptocurrency news

• Opinion | The Cryptocurrency Adventures of Mark Zuckerberg and SBF - The Wall Street Journal

  09-12-2022 23:36 via news.google.com
  Opinion | The Cryptocurrency Adventures of Mark Zuckerberg and SBF  The Wall Street Journal
  
  Read more

• Data shows the Bitcoin mining bear market has a ways to go

  09-12-2022 23:30 via cointelegraph.com
  The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations.
  
  Read more

• The scramble For a Better Cryptocurrency For Africa Inspired Oduwacoin - London Post

  09-12-2022 23:05 via news.google.com
  The scramble For a Better Cryptocurrency For Africa Inspired Oduwacoin  London Post
  
  Read more

• Luna Classic (LUNC) Price Under Bearish Pull Despite New Developments

  09-12-2022 23:00 via newsbtc.com
  The LUNA Classic (LUNC) price has noted a fresh decline in the last 24 hours. In that time frame, the altcoin depreciated by 1%. In the past week, LUNC logged gains worth 2.5%. Much of the weekly gains have been lost due to losses on the daily chart.
  At the moment, LUNC depicts consolidation beneath its immediate resistance mark. With the FTX collapse, LUNC has been teetering under a bearish influence for quite some time. Over the last month, the coin has lost more than 10% of its market value.
  
  Read more

• Advertisement

• Who’s expected to testify before Congressional hearings on FTX?

  09-12-2022 22:30 via cointelegraph.com
  FTX CEO John Ray, actor Ben McKenzie and law professor Hilary Allen have been confirmed, while SBF, Kevin O'Leary, and Alameda CEO Caroline Ellison could still testify.
  
  Read more

• Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing

  09-12-2022 22:30 via cointelegraph.com
  Bitcoin price aims for support at $17,000, while LTC follows a pre-halving narrative and ETH looks somewhat bullish in its BTC pair.
  
  Read more

• A Surprising Number Of Americans Can't Name A Single Cryptocurrency: Benzinga Survey - Bitcoin (BTC/USD) - Benzinga

  09-12-2022 22:06 via news.google.com
  A Surprising Number Of Americans Can't Name A Single Cryptocurrency: Benzinga Survey - Bitcoin (BTC/USD)  Benzinga
  
  Read more

• Bitcoin Whales Continue To Shed Holdings, Prices Not Attractive Enough?

  09-12-2022 22:00 via newsbtc.com
  On-chain data shows Bitcoin whales have continued to shave off their holdings in recent weeks, suggesting that the current lows may not be attractive enough to them.
  Bitcoin Whales Continue To Sell Despite The Recent Deep Lows
  As pointed out by an analyst in a CryptoQuant post, the number of investors with balances in the 1k to 10k BTC range have continued to decline recently.
  The relevant indicator here is the “UTXO Count – Value Bands,” which tells us about the number of UTXO
  
  Read more

• Advertisement

• A year after Taproot, Bitcoin community works to unlock its DeFi potential

  09-12-2022 22:00 via cointelegraph.com
  Smart contracts functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi.
  
  Read more

• US regulator seeks feedback on DeFi’s impact on financial crime: Finance Redefined

  09-12-2022 21:20 via cointelegraph.com
  US regulators want to know from the industry on what they think about the financial crimes associated with DeFi.
  
  Read more

• ERCOT to offer new program for cryptocurrency users - KXAN.com

  09-12-2022 21:09 via news.google.com
  ERCOT to offer new program for cryptocurrency users  KXAN.com
  
  Read more

• CEO of crypto news site The Block resigns for failing to disclose $27M loans from Alameda Research

  09-12-2022 21:07 via cointelegraph.com
  New CEO Bobby Moran said there was no evidence that Mike McCaffrey had "improperly" influenced coverage of Sam Bankman-Fried, FTX, and Alameda Research on the news site.
  
  Read more

• FalconX says exposure to FTX represented 18% of its 'unencumbered cash equivalents'

  09-12-2022 21:00 via cointelegraph.com
  According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure limits.”
  
  Read more

• Price analysis 12/9: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

  09-12-2022 20:45 via cointelegraph.com
  Bitcoin and most major altcoins remain stuck inside a range as traders keep a close eye on next week’s macroeconomic events.
  
  Read more

• ApeCoin staking launches with a thud! Will bulls overcome relentless bears?

  09-12-2022 20:22 via coinjournal.net
  ApeCoin gained 3% on Friday and remains green over the week
  ApeCoin will start to issue staking rewards on December 12
  The cryptocurrency faces resistance approaching the upper limit of descending channel
  ApeCoin (APE/USD) staking functionality is no longer a dream – it’s a reality. Staking rewards are set to begin on December 12. Apes are making merry as the staking service launches with a thud, just like the APE airdrop.
  ApeCoin staking launched on December 5, much to the exci
  
  Read more

• Crypto pundit thinks Ripple will lose against the SEC. Here is how XRP is behaving

  09-12-2022 20:16 via coinjournal.net
  XRP has been trading at or slightly below the $0.4 resistance
  Gene Hoffman expects SEC to win the case against Ripple
  XRP awaits further triggers for a breakout or drop
  Ripple (XRP/USD) is still in waiting mode. The cryptocurrency clings to the $0.4 resistance as if buyers are not sure if to break above. They are, however, relentless in letting bears take the price below this level. Who wins?
  Of course, Ripple’s case with the SEC is a dilemma yet to be solved. Despite Ripple making small w
  
  Read more

• Ethereum rises above $1,250 support, but buyers may still be unconvinced

  09-12-2022 20:11 via coinjournal.net
  Ethereum gained 2% to maintain above support
  Ethereum has been witnessing whale accumulation at $1,230
  The cryptocurrency still lacks a directional bias as sellers remain active
  Ethereum (ETH/USD) rose more than 2% on Friday, cementing a position above $1,250 support. The recovery saw ETH trade to a price of nearly $1,300 before falling slightly. However, the ETH price is not at a level we can consider bullish. It is, instead, consolidating at or above the crucial support. Will buyers help furth
  
  Read more

• BNB to $266? Will a bitter exchange between Binance CEO and SBF hurt token further?

  09-12-2022 20:06 via coinjournal.net
  Binance has been on a slow decline since touching $315
  The cryptocurrency has lacked positive catalysts to take the price higher
  BNB faces a decline to the $266 support zone 
  Binance (BNB/USD) continues to consolidate but is on a short-term descent after tapping a minor resistance. As of press time, BNB was trading at $289 and looking increasingly bearish. Investors now stare at a possible price bottom at $266.
  The decline in BNB comes amid limited fundamentals to support the cryptocurrency
  
  Read more

• Crypto.com releases proof of reserves, showing above 100% for BTC, ETH

  09-12-2022 20:00 via cointelegraph.com
  The new disclosure page allows skeptical users to self-verify that their assets are included in the report.
  
  Read more

• What is the best way to buy cryptocurrency? - Crypto Mode

  09-12-2022 19:30 via news.google.com
  What is the best way to buy cryptocurrency?  Crypto Mode
  
  Read more

• Crypto Biz: Is Goldman Sachs the ultimate crypto contrarian?

  09-12-2022 19:30 via cointelegraph.com
  Is the U.S. investment bank looking to buy up distressed crypto firms amid the bear market?
  
  Read more

• Virginia cryptocurrency investors want lawmakers to create regulation - rvahub.com

  09-12-2022 19:27 via news.google.com
  Virginia cryptocurrency investors want lawmakers to create regulation  rvahub.com
  
  Read more

• Banks face first global cryptocurrency rules in wake of FTX collapse - Nikkei Asia

  09-12-2022 19:01 via news.google.com
  Banks face first global cryptocurrency rules in wake of FTX collapse  Nikkei Asia
  
  Read more

• Investors chase Web3 as blockchain industry builds despite bear market

  09-12-2022 18:14 via cointelegraph.com
  Cointelegraph Research asked top venture capitalists and industry professionals, “What is Web3, and what does it mean for the industry?”
  
  Read more

• Why Breet is the best crypto app to sell cryptocurrency in Nigeria - CryptoTvplus

  09-12-2022 17:07 via news.google.com
  Why Breet is the best crypto app to sell cryptocurrency in Nigeria  CryptoTvplus
  
  Read more

• BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts

  09-12-2022 16:39 via cointelegraph.com
  Bitcoin begins to deal with fresh U.S. macro cues as BTC price steadily holds $17,000 support.
  
  Read more

• CZ and SBF duke it out on Twitter over failed FTX/Binance deal

  09-12-2022 16:37 via cointelegraph.com
  The former FTX CEO claimed that Binance “threatened to walk at the last minute” without an additional $75 million, accusing CZ of lying about his role in the deal.
  
  Read more

• This week in crypto: Gnosis becomes the second blockchain to complete The Merge

  09-12-2022 16:34 via coinjournal.net
  Gnosis blockchain completes The Merge and migrates to a proof of stake protocol.
  Coinbase expects 2022’s revenue to decline by 50% or more from 2021.
  PayPal begins crypto operations in Luxembourg.
  Gnosis blockchain completes The Merge
  First Ethereum, now Gnosis. Gnosis announced earlier this week that it has migrated to a Proof of Stake (PoS) protocol from its previous Proof of Authority (PoA), completing The Merge. 
  The migration had seen the number of validators on the Gnosis b
  
  Read more

• Amber Group ditches expansion plans after denying insolvency: Report

  09-12-2022 15:30 via cointelegraph.com
  Temasek-backed Amber has raised about $50 million in funding from a new sovereign fund, with the deal to be announced in January.
  
  Read more

• SBF 'willing' to testify at Senate hearing on the FTX collapse

  09-12-2022 14:51 via cointelegraph.com
  Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S. Senate hearing into the collapse of FTX.
  
  Read more

• SBF 'willing' to testify at House hearing on the FTX collapse

  09-12-2022 14:51 via cointelegraph.com
  Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S. House hearing into the collapse of FTX.
  
  Read more

• Ethereum: On-Chain And Social Metrics Reveal Bulls Vs. Bears Battle – Who’s Winning?

  09-12-2022 14:44 via newsbtc.com
  Ethereum (ETH) has failed to rise above key resistance at $1,300 despite rising around 4% over the past 24 hours. At press time, the second largest cryptocurrency by market cap was trading at $1,289.
  As the trading volume shows, the bulls and bears have woken up again. In the last 24 hours, the trading volume was $6.4 billion, which is about 31% higher than the previous day.Ethereum On-Chain And Social Metrics Show Uncertainty
  Analysis company Santiment has conducted an analysis of bullish and b
  
  Read more

• Coinbase tell customers to dump Tether, stablecoin war heats up

  09-12-2022 14:43 via coinjournal.net
  Key TakeawaysCoinbase has encouraged customers to dump Tether for USD Coin by waiving fees
  Binance had delisted USDC pairs last September to push its own stablecoin, BUSD
  The war between the centralised stablecoins deepens
  DAI holds the torch for decentralisation but faces uphill battle for relevancy as model seems unscalable
  The stablecoin war is heating up.
  Coinbase, who co-founded the USDC stablecoin, are the latest to go on the offensive. It posted a blog post encouraging its users to swap t
  
  Read more

• Bitcoin mining project in Kenya helps power rural community

  09-12-2022 14:42 via cointelegraph.com
  Gridless Compute, a hydro-powered Bitcoin mining initiative, tweeted that the project has successfully powered a rural community and lowered its existing energy rates.
  
  Read more

• Yearn Finance: What The Final Quarter Of 2022 Has In Store For YFI Price

  09-12-2022 14:40 via newsbtc.com
  Yearn Finance (YFI) has performed relatively well over the last 30 days, painting its charts in green despite the lingering uncertainty in the crypto market.
  According to information from Coingecko, at press time, the ERC20 governance token built on the Ethereum blockchain is changing hands at $7,087, going up by 5.7% during the past week and tallying an impressive 15.7% jump on its bi-weekly gauge.
  Here’s a quick glance of YFI performance:YFI is experiencing a significant decline in its d
  
  Read more

• What is stagflation, and how could it impact the cryptocurrency markets? - Cointelegraph

  09-12-2022 14:39 via news.google.com
  What is stagflation, and how could it impact the cryptocurrency markets?  Cointelegraph
  
  Read more

• What is stagflation, and how could it impact the cryptocurrency markets?

  09-12-2022 14:31 via cointelegraph.com
  What is stagflation, how to fight it with crypto and how are the cryptocurrency markets impacted by high inflation and economic downturn?
  
  Read more

• Crypto price predictions: FTX Token, Fetch.ai, Cortex (CTXC)

  09-12-2022 14:27 via coinjournal.net
  Cryptocurrencies were still in a somber mood this week.
  FTX Token rose by more than 30% despite SBF legal woes.
  Fetch.ai token surged after a staking announcement by Binance US.
  Cryptocurrency prices remained in a tight range this week as investors focused on macro issues in the United States. Data published last week revealed that the American economy added 284k jobs in November while the unemployment rate remained at 3.7%. Therefore, investors believe that the Fed will leave rates at an elevat
  
  Read more

• UK pushes crypto efforts forward through financial services reforms

  09-12-2022 14:25 via cointelegraph.com
  The reforms include regulating stablecoins as a means of payment and creating a sandbox where firms and regulators can test new financial technologies.
  
  Read more

• NFTs could help solve diamond certification fraud

  09-12-2022 14:01 via cointelegraph.com
  Non-fungible tokens are being used to serve as digital GIA diamond certificates to ensure immutability, transparency and proof-of-ownership.
  
  Read more

• NFTs, Nonprofits and Longevity Intersect at Art Basel Miami

  09-12-2022 14:00 via cointelegraph.com
  NFT artist Nikita Replyanski on the future of NFTs, his work with the Longevity Science Foundation, and art as community building.
  
  Read more

• All Year Cooling of Coral Springs, Florida Accepts Cryptocurrency Payments - AccessWire

  09-12-2022 13:51 via news.google.com
  All Year Cooling of Coral Springs, Florida Accepts Cryptocurrency Payments  AccessWire
  
  Read more

• Latest Ethereum Short Price Rally – Courtesy Of Whale Activities?

  09-12-2022 13:41 via newsbtc.com
  Ethereum has been showing bullish momentum in the last seven days. ETH has gained momentum in the past 24 hours, while other coins are still declining. This rally supports some theories that the asset will rise above the resistance level in the coming days.
  Weeks after a massive fallout, the second largest cryptocurrency is heading towards a comeback. The FTX crisis, with other macro factors, affected the entire crypto market, with many assets crashing flat. Although there are many uncertainties
  
  Read more

• Kazakhstan to restrain cryptocurrency mining - The Manila Times

  09-12-2022 13:41 via news.google.com
  Kazakhstan to restrain cryptocurrency mining  The Manila Times
  
  Read more

• Upcoming FOMC Meeting Is The Most Important Ever For Bitcoin – Watch Out For The Dot Plot

  09-12-2022 12:52 via newsbtc.com
  With the Bitcoin price posting a small gain of over 1.5% over the last seven days, the market is in for a blockbuster next week.
  The release of the Consumer Price Index (CPI) on December 13, Tuesday at 08:30 AM ET, will once again be “the most important CPI ever”.
  Just one day later, on December 14, Wednesday at 2:00 PM ET, the final Federal Open Market Committee (FOMC) meeting of the year will take place. Remarkably, FED members will release their updated forecasts for inflation and
  
  Read more

• Coinbase asks users to switch USDT for the ‘reputable’ USDC

  09-12-2022 12:31 via coinjournal.net
  Crypto exchange Coinbase wants its users to switch their USDT for USDC.
  The company calls USDC the trusted and reputable stablecoin.
  Coinbase is a co-founder of Circle, the company that issues the USDC stablecoin.
  Coinbase wants users to adopt USDC
  Coinbase, one of the leading crypto exchanges in the world, has urged its users to swap their USDT stablecoin for USDC. USDT is the leading stablecoin in the world (with a $65 billion market cap) and is issued by Tether.
  Meanwhile, USDC is the stablec
  
  Read more

• Remote work triggers move to DAOs in the post-pandemic world: Survey

  09-12-2022 11:40 via cointelegraph.com
  A survey from a sample of the general U.S. public suggests that millennials are more likely to join a DAO than any other age group.
  
  Read more

• Coinbase takes a shot at Tether, encourages users to switch to USDC

  09-12-2022 11:04 via cointelegraph.com
  Coinbase’s request comes just a couple of months after Binance ceased support for USDC.
  
  Read more

• FTX reportedly gets 3 more months to stop all operations in Japan

  09-12-2022 10:40 via cointelegraph.com
  Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors.
  
  Read more

• How Litecoin (LTC) Outperforms Other Top Cryptocurrencies In This Department

  09-12-2022 10:30 via newsbtc.com
  Litecoin (LTC) seemingly hit a speed bump that caused its bullish run to slow down a bit after it rallied all the way up to the $83 zone on December 5.
  The following day, the cryptocurrency closed the trading session with a trading price below the $80 marker before reclaiming said territory on December 7.
  Since then, the altcoin has been on a downward trend although it is already showing signs of recovery. In fact, at the time of this writing, according to tracking from Coingecko, Litecoin is ch
  
  Read more

Follow @CryptoNewslock on Twitter!