Cryptocurrency news

• Bankrupt cryptocurrency company expected to continue mining ... - Grand Forks Herald

  06-01-2023 23:43
  Bankrupt cryptocurrency company expected to continue mining ...  Grand Forks Herald
  
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• NFT project accepted $3M to move its collection to Polygon

  06-01-2023 23:05 via cointelegraph.com
  The team had previously announced the move, but had not revealed the cash deal.
  
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• Why did HEX USD's price boom today? Crypto market attracts ... - Seeking Alpha

  06-01-2023 23:00
  Why did HEX USD's price boom today? Crypto market attracts ...  Seeking Alpha
  
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• Cardano (ADA) Leads Gains Among Top Coins, Is It Set To $0.50?

  06-01-2023 23:00 via newsbtc.com
  Cardano (ADA) is currently trading at $0.2752, with an increase of over 65% in its trading volume at $304.79 million. Its price change in 24 hours is +$0.006083 representing a 2.17% increase. Also, the 24-hour low of ADA is $0.2681, while its high is $0.27562. The market capitalization has risen by 2.25% to $9.51 billion. It is currently ranked among the top ten cryptocurrencies, according to CoinmarketCap, at number 9. The circulating supply is 34.52 billion ADA, with its maximum token sup
  
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• $3.9 billion lost in the cryptocurrency market in 2022: Report - Cointelegraph

  06-01-2023 22:56
  $3.9 billion lost in the cryptocurrency market in 2022: Report  Cointelegraph
  
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• $3.9 billion lost in the cryptocurrency market in 2022: Report

  06-01-2023 22:55 via cointelegraph.com
  The report from Immunefi revealed hacks to have been the main cause of related losses.
  
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• FTX collapse may boost ‘further trust’ in crypto ecosystem — Nomura exec

  06-01-2023 22:45 via cointelegraph.com
  Jez Mohideen, co-founder and CEO at Laser Digital, argued that traditional financial companies entering the crypto space will help to regulate the industry.
  
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• FTX collapse may boost 'further trust' in crypto ecosystem — Nomura exec

  06-01-2023 22:45 via cointelegraph.com
  Jez Mohideen, co-founder and CEO at Laser Digital, argued that traditional financial companies entering the crypto space will help to regulate the industry.
  
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• U.S. Attorney Announces Fraud And Money Laundering Charges ... - Department of Justice

  06-01-2023 22:33
  U.S. Attorney Announces Fraud And Money Laundering Charges ...  Department of Justice
  
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• Silvergate gets more bad news as Moody’s slashes its ratings

  06-01-2023 22:30 via cointelegraph.com
  The beleaguered bank was allegedly moving money between FTX and Alameda; then it sold debt at a discount and sacked employees after a bank run.
  
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• Ethereum Classic breaks above descending trendline but exercise caution

  06-01-2023 22:16 via coinjournal.net
  Ethereum Classic is up 18% in the week
  The network has witnessed an increased hash rate
  Ethereum Classic still faces bear pressure at $19
  Ethereum Classic (ETC/USD) has been of bull interest in the last two days. Despite losing by an intraday 1% on Friday, it was still up 18% in the week. A majority of these gains happened on January 04, 2023. The gains pushed the cryptocurrency above a crucial descending trendline that has contained ETC for a while. But how far can ETC gains continue?
  Ethereum
  
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• BNB prediction as price maintains a recovery

  06-01-2023 22:09 via coinjournal.net
  Binance coin has been bearish since the FTX collapse 
  The cryptocurrency trades on an upside at $255 
  BNB faces resistance at $266, a crucial resistance level
  While 2022 was largely bearish for almost every cryptocurrency, Binance (BNB/USD) was relatively stable. That’s not to mean that the cryptocurrency was bullish, but at least bears did not run riot as they did for most cryptocurrencies. It helped BNB hold strengths. At one time before the collapse of FTX, BNB neared the $400
  
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• FTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, assets

  06-01-2023 22:06 via cointelegraph.com
  The sides had been at odds over numerous issues and have agreed to keep working on the remaining open questions they face.
  
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• XRP Whales Move Assets As Price Dips, What’s Next?

  06-01-2023 22:00 via newsbtc.com
  The crypto market is still recording the swings of the prevailing crypto winter, especially XRP. Most of the assets have not been impressive in their price movements. According to data from CoinMarketCap, the crypto market has pushed the cumulative market cap to around $812.00 billion. This indicated a drop of 0.88% over the past 24 hours.
  With the declining market trend, XRP stands among the assets that have lost value. The price dip has attracted crypto whales. They have moved millions of XRP
  
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• Near Protocol adds 20% in a week. What price action says about the token

  06-01-2023 21:43 via coinjournal.net
  Near token has recovered by almost 20% in a week
  The cryptocurrency saw increased volumes at the $1.25 bottom after a disastrous 2022
  NEAR face bears at the descending trendline and could correct downwards
  Near Protocol (NEAR/USD) ended 2022 on a low note. At just $1.26 on December 31 2022, NEAR is among the worst-performing cryptocurrencies, having started the year above $16. The selloff in the cryptocurrency accelerated in November 2022 post-FTX collapse. Investors earmarked the cryptocur
  
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• Macroeconomic data points toward intensifying pain for crypto investors in 2023

  06-01-2023 21:43 via cointelegraph.com
  Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear.
  
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• El Salvador’s Bitcoin strategy evolved with the bear market in 2022

  06-01-2023 21:34 via cointelegraph.com
  After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing.
  
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• December DeFi exploits were the lowest in 2022: Finance Redefined

  06-01-2023 21:20 via cointelegraph.com
  The DeFi market didn't see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone.
  
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• Price analysis 1/6: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

  06-01-2023 20:46 via cointelegraph.com
  A rally in equities markets is providing support to BTC and altcoins, but bulls will likely struggle in keeping the momentum needed to turn overhead resistance levels to support.
  
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• US authorities launch page to notify FTX's victims about SBF's case

  06-01-2023 20:15 via cointelegraph.com
  According to the court filing, the number of victims in the FTX case made it “impractical” to rely on more traditional methods of notification.
  
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• US authorities launch page to notify FTX’s alleged victims about SBF’s case

  06-01-2023 20:15 via cointelegraph.com
  According to the court filing, the number of victims in the FTX case made it “impractical” to rely on more traditional methods of notification.
  
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• Huobi net outflows crossed over 60M within the past 24 hours: Report

  06-01-2023 20:15 via cointelegraph.com
  According to a report by Nansen, approximately $94.2 million has flowed out of the exchange within the past week.
  
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• Bankrupt cryptocurrency exchange FTX seeks to terminate naming rights to Miami Heat arena - Washington Times

  06-01-2023 20:09
  Bankrupt cryptocurrency exchange FTX seeks to terminate naming rights to Miami Heat arena  Washington Times
  
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• Cryptocurrency Ethereum Classic Rises More Than 5% In 24 hours - Ethereum Classic (ETC/USD) - Benzinga

  06-01-2023 20:00
  Cryptocurrency Ethereum Classic Rises More Than 5% In 24 hours - Ethereum Classic (ETC/USD)  Benzinga
  
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• Bitcoin Exchange Depositing Transactions At 4-Year Low, Bottom Signal?

  06-01-2023 20:00 via newsbtc.com
  On-chain data shows the Bitcoin exchange depositing transactions are now at a 4-year low, indicating that the bottom may be here.
  Bitcoin 30-Day MA Exchange Depositing Transactions Have Declined
  As pointed out by an analyst in a CryptoQuant post, the metric’s current levels are the same as in Q1 2019. The “exchange depositing transactions” is an indicator that measures the total number of Bitcoin transfers that are headed toward centralized exchanges.
  The difference between thi
  
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• Crypto Biz: SBF has his day in court; Barry Silbert accused of ‘stalling’ over frozen funds

  06-01-2023 19:30 via cointelegraph.com
  The founder of FTX pleaded not guilty to all criminal charges related to the collapse of crypto exchange FTX.
  
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• The Surprisingly Simple Way To Steal Cryptocurrency - Hackaday

  06-01-2023 19:00
  The Surprisingly Simple Way To Steal Cryptocurrency  Hackaday
  
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• Cryptocurrency Prices Rise in Anticipation of Federal Reserve ... - Investing.com

  06-01-2023 19:00
  Cryptocurrency Prices Rise in Anticipation of Federal Reserve ...  Investing.com
  
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• Bitcoin Price Bearish Below $16,900 But Indicators Point Otherwise

  06-01-2023 19:00 via newsbtc.com
  The Bitcoin price has struggled below $17,000 for multiple weeks now, and it recently dipped below the $16,900 mark. This downward move on the Bitcoin chart could be attributed to the recent Federal Open Market Committee (FOMC) minutes.
  The minutes of the meetings revealed that the Federal Reserve System would stick with higher interest rates for the foreseeable future.
  This has evidently sent ripples through the market, causing participants to react negatively. The technical outlook of the asse
  
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• Sam Bankman-Fried's lawyers claim he needs Robinhood shares 'to pay for his criminal defense'

  06-01-2023 18:44 via cointelegraph.com
  The legal team confirmed the U.S. Departure of Justice was in the process of seizing the Robinhood shares, but said SBF was “compelled to reply” given other claims.
  
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• Ethereum’s Shanghai upgrade could supercharge liquid staking derivatives — Here’s how

  06-01-2023 18:15 via cointelegraph.com
  Traders are contemplating what will happen to ETH price and staked Ether derivatives after the next network upgrade opens withdrawals for stakers.
  
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• Solana’s BONK Crashes 50% In 24 Hours, Is It Time To Get Out?

  06-01-2023 18:00 via newsbtc.com
  Solana-based BONK has been all the craze since the start of the new year. The meme coin had risen from obscurity to the largest meme coin on the Solana ecosystem in less than two weeks, recording massive gains for investors during this time. However, the hype seems to have reached its peak and BONK has begun the dreaded downward correction.
  BONK Falls 50% In 24 Hours
  In the last day, the price of BONK  has rapidly declined, losing more than 50% of its value during this time. It hit its all-
  
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• Marathon Digital experiments with overclocking to increase competitive advantage

  06-01-2023 18:00 via cointelegraph.com
  According to the company, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC.
  
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• Toon Finance ICO Leads Cryptocurrency Industry with Presale Rally Ending January 26th 2023 - Crypto Mode

  06-01-2023 17:58
  Toon Finance ICO Leads Cryptocurrency Industry with Presale Rally Ending January 26th 2023  Crypto Mode
  
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• Binance joins association to address compliance with global sanctions

  06-01-2023 17:15 via cointelegraph.com
  The crypto exchange has come under scrutiny from policymakers amid multilateral sanctions on Russia and U.S. sanctions on Iran.
  
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• Crypto companies aim to build trust within future products and services

  06-01-2023 17:08 via cointelegraph.com
  Companies are taking new approaches to building trust within Web3 and crypto products.
  
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• XRP price stalls as Ripple CEO remains “cautiously” optimistic about 2023

  06-01-2023 16:50 via coinjournal.net
  XRP has stalled for the last 3 weeks
  The price has been tied to the crypto sentiment and case with SEC
  Garlinghouse expects a “breakthrough” in crypto regulation in 2023
  Ripple (XRP/USD) trades around $0.33, a level it started for 2023. The cryptocurrency has held the price zone for the past three weeks. Bulls recovered quickly as the price slid to $0.30 on January 2. But still, the upside remains limited. What holds for XRP this year?
  Well, much is expected for cryptocurrencies this
  
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• Global Digital Asset and Cryptocurrency Association Appoints Maggie Sklar As Incoming Chairwoman of the Public Policy and Regulation Committee - Marketscreener.com

  06-01-2023 16:41
  Global Digital Asset and Cryptocurrency Association Appoints Maggie Sklar As Incoming Chairwoman of the Public Policy and Regulation Committee  Marketscreener.com
  
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• Bitcoin yo-yos on US macro data amid call for BTC price to retest $17K

  06-01-2023 16:36 via cointelegraph.com
  A hint of BTC price volatility accompanies non-farm payrolls and unemployment figures, with the U.S. dollar dropping to favor Bitcoin bulls.
  
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• Former AMIR boss in custody over illegal cryptocurrency trade| The New Times - New Times Publication

  06-01-2023 16:33
  Former AMIR boss in custody over illegal cryptocurrency trade| The New Times  New Times Publication
  
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• Why Bitcoin Will Come Out Ahead In A Recession, Top Analyst Claims

  06-01-2023 16:27 via newsbtc.com
  Bitcoin keeps moving with no clear direction in the first week of 2023. Following a rejection from a critical resistance zone, the cryptocurrency returned to its range and could be gearing up for a re-test of support. In the meantime, altcoins are blooming, with many recording profits on high timeframes. As of this writing, Bitcoin (BTC) trades at $16,700 with sideways movement in the last 24 hours. In the previous seven days, BTC records similar price action. BTC In The Short Term, Wh
  
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• Balancer warns some LPs to remove liquidity ASAP because of a 'related issue'

  06-01-2023 16:19 via cointelegraph.com
  The team did not disclose what the issue is, but stated that it "cannot be mitigated by the emergency DAO."
  
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• What To Expect As Bitcoin Pictures Bullish Divergence On Chart?

  06-01-2023 16:06 via newsbtc.com
  The Bitcoin price has been making a slight recovery on its chart. Although the coin has been consolidating over the past few weeks, BTC has been attempting to make an upward movement. Over the last 24 hours, the coin has registered a 0.6% appreciation.
  Looking at the weekly progress, BTC has been stuck between two price levels of $16,400 and $16,900, respectively. Going by the technical outlook, the coin has depicted positive sentiments, with buyers slowly returning to the market.
  It also formed
  
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• Dogecoin Price Falls, Is It A Wise Idea To Short?

  06-01-2023 16:05 via newsbtc.com
  The Dogecoin price has remained motionless over the past several weeks. In recent times, due to constant lateral trading, DOGE lost the $0.072 support line. Over the past 24 hours, the coin has dipped nearly 3% on its chart.
  The meme coin has only moved 0.7% in the last week. As Bitcoin started to act wobbly on its chart, many altcoins that had made gains started to retrace on their respective charts. Technical indicators, however, suggest that the asset might register gains over the next tradin
  
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• Cryptocurrency Lido DAO Decreases More Than 3% Within 24 hours - Lido DAO Token (LDO/USD) - Benzinga

  06-01-2023 16:00
  Cryptocurrency Lido DAO Decreases More Than 3% Within 24 hours - Lido DAO Token (LDO/USD)  Benzinga
  
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• Bitcoin Bearish Signal: Large Dormant Supply On The Move

  06-01-2023 16:00 via newsbtc.com
  On-chain data shows a large amount of old Bitcoin supply has moved in the last few days, something that could be bearish for the crypto’s price.
  Bitcoin Supply Older Than 2 Years Showed Movement In The Past Week
  As pointed out by an analyst in a CryptoQuant post, a total of four large transfers with old supply have taken place in the last week. The relevant indicator here is the “Spent Output Age Bands” (SOAB), which tells us the total number of coins that each age band is movi
  
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• Fidelity downsizes value of its Twitter holdings

  06-01-2023 15:21 via cointelegraph.com
  Fidelity has downsized the value of its investment in Twitter by more than half its initial stake in Elon Musk’s takeover of the social media platform.
  
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• XRP Price Primed For Future Rally Following Ripple’s MENA Expansion

  06-01-2023 15:00 via newsbtc.com
  The XRP price has rather underperformed within the last two years. While XRP has fallen 90.04% from the all-time high of $3.40 on January 6, 2018, Bitcoin (-75.76%) and Ethereum (-74.52%) show considerably smaller losses.
  One of the main reasons for this is probably the lawsuit filed against Ripple by the U.S. Securities and Exchange Commission (SEC), which has caused a lot of uncertainty among investors. In addition, numerous exchanges have delisted XRP or, like Grayscale, dissolved their XRP t
  
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• 7 Decentralized Platforms for Cryptocurrency Crowdfunding - MUO - MakeUseOf

  06-01-2023 15:00
  7 Decentralized Platforms for Cryptocurrency Crowdfunding  MUO - MakeUseOf
  
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• Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens

  06-01-2023 14:43 via cointelegraph.com
  The feedback was given in response to a proposed ban by the Monetary Authority of Singapore published back in October.
  
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