Cryptocurrency news

• Sen. Cruz Champions Cryptocurrency with the Reintroduction of the ... - Senator Ted Cruz

  26-01-2023 23:59 via news.google.com
  
  Sen. Cruz Champions Cryptocurrency with the Reintroduction of the ...  Senator Ted Cruz
  
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• Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express

  26-01-2023 23:49 via cointelegraph.com
  
  Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil  On Jan. 25, Yonhap Infomax reported that South Korean authorities had requested an arrest warrant for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb, over embezzlement allegations. That same day, the Financial Investigation Second Division of the […]
  
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• Data shows pro Bitcoin traders want to feel bullish, but the rally to $23K wasn’t enough

  26-01-2023 23:30 via cointelegraph.com
  
  Bitcoin price has flashed a few bullish signals, but traders are not too keen on adding leverage longs until after the Federal Reserve shows its cards on Feb. 1.
  
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• Courts Approve Alternative Service Via Twitter and Blockchain in ... - JD Supra

  26-01-2023 23:06 via news.google.com
  
  Courts Approve Alternative Service Via Twitter and Blockchain in ...  JD Supra
  
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• Dogecoin (DOGE) Soars 8%, But An Uptick In This Metric Suggests A Pullback

  26-01-2023 23:00 via newsbtc.com
  
  Dogecoin (DOGE) and other altcoins are stealing some of Bitcoin’s shine as the benchmark crypto stalls at its current levels. However, the recent rally could spell trouble for optimistic traders and investors waiting for a continuation of the trend.
  As of this writing, Dogecoin (DOGE) trades at $0.08 with sideways movement in the last 24 hours. Over the previous seven days, the meme coin still records an 8% profit. In the crypto top 10, DOGE stands amongst the best performers, surpassed on
  
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• SEC once again rejects ARK 21Shares Bitcoin ETF listing

  26-01-2023 22:55 via cointelegraph.com
  
  Proponents of the fund had argued that a current surveillance sharing agreement with CME would be adequate to protect investors.
  
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• Moody’s to build scoring system for stablecoins: Report

  26-01-2023 22:45 via cointelegraph.com
  
  Moody's is allegedly developing a scoring system for stablecoins, with analysis of up to 20 digital assets.
  
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• ISDA releases standard definitions for digital asset derivatives

  26-01-2023 22:30 via cointelegraph.com
  
  The International Swaps and Derivatives Association is working on two papers to address fundamental legal risks in the crypto markets.
  
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• Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse

  26-01-2023 22:25 via cointelegraph.com
  
  Bitcoin price has been on a tear, but analysts warn that resolving the U.S debt limit issue could trigger sharp downside for risk assets like BTC.
  
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• Sens. Warren, Wyden question quality of auditors’ oversight in light of FTX debacle

  26-01-2023 22:15 via cointelegraph.com
  
  The senators coauthored a letter to the Public Company Accounting Oversight Board chair asking how FTX and other crypto firms were audited and why the audits failed so badly.
  
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• Polkadot restates its case that DOT has ‘morphed’ away from security status

  26-01-2023 22:00 via cointelegraph.com
  
  The Web3 Foundation has reminded the world that, in its eyes, it has conformed to SEC requirements and DOT should no longer be considered a security.
  
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• 88x Finance partners with Axelar Network for cross-chain yield aggregator

  26-01-2023 21:30 via cointelegraph.com
  
  The startup is one of the projects participating in the Axelar Ecosystem Startup Funding Program.
  
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• Aave holders approve AAVE V3 upgrade on Ethereum

  26-01-2023 21:23 via coinjournal.net
  
  Aave holders approve major technical upgrade dubbed Aave Ethereum V3.
  The vote results showed a total of 706,258 AAVE, or 100% support.
  Aave Ethereum V3 is set for activation following the governance vote.The Aave community has approved an Aave Improvement Proposal (AIP), a governance proposal seeking to activate Aave V3 on the Ethereum network. 
  A total of 706,258 AAVE was staked as 100% of the vote supported the technical upgrade, which will also list WBTC, WETH, wstETH, USD Coin (USDC),
  
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• Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries

  26-01-2023 21:18 via cointelegraph.com
  
  Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization.
  
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• Porsche NFT trading volume nears $5M despite launch woes, minting halt

  26-01-2023 21:00 via cointelegraph.com
  
  Developers of the nonfungible tokens had halted minting on Jan. 25 in response to user complaints.
  
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• Cardano Adds 50,000 New Wallets As ADA Market Cap Surges

  26-01-2023 21:00 via newsbtc.com
  
  The Cardano ecosystem has the potential for further growth. The network has grown tremendously in various sectors, including decentralized finance (DeFi) and nonfungible tokens (NFTs). The blockchain has recorded massive adoption over the past months emerging as the third most active blockchain in development activity.
  According to data from Cardano Blockchain Insights, this blockchain’s ecosystem has added more than 50,000 new wallets since the beginning of the year. From 3,842,867 record
  
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• State takes action against 2 cryptocurrency firms accused of ... - The Union Leader

  26-01-2023 20:32 via news.google.com
  State takes action against 2 cryptocurrency firms accused of ...  The Union Leader
  
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• SEC rejects Ark 21Shares’ spot Bitcoin ETF again

  26-01-2023 20:26 via coinjournal.net
  
  SEC has denied the Ark Investment and 21 Shares joint spot Bitcoin ETF application.
  The agency says proposal failed to meet requirements as per securities laws, citing fraud and manipulative practices once again.
  It’s the second time the SEC has rejected an ETF proposal by the two firms, after denying the first one in April last year.The US Securities and Exchange Commission (SEC) has disapproved a proposal seeking to list a spot Bitcoin exchange-traded fund (ETF) for the US market.
  In a
  
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• Who is the 'Bitcoin Kid:' inside the largest cryptocurrency theft by one ... - CityNews Toronto

  26-01-2023 20:25 via news.google.com
  Who is the 'Bitcoin Kid:' inside the largest cryptocurrency theft by one ...  CityNews Toronto
  
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• Opinion: Barry Silbert keeps quiet as Genesis goes down in flames

  26-01-2023 20:22 via cointelegraph.com
  
  Genesis CEO Barry Silbert should have come clean after FTX imploded. Instead, he’s still deflecting responsibility for his company’s bankruptcy.
  
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• Crypto-friendly Stripe weighs public offering: Report

  26-01-2023 20:00 via cointelegraph.com
  
  In 2021, Stripe raised $600 million from a group of investors at a valuation of $95 billion, making it one of Silicon Valley's most valuable startups.
  
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• XRP Whales Accumulate Massive Tokens – Is A Bull Run Coming?

  26-01-2023 19:30 via newsbtc.com
  
  The XRP price dipped in 2022 during the crypto winter, and the back-and-forth legal exchange between Ripple Labs and the U.S. Securities and Exchange Commission has not helped matters.
  However, the token is still attracting interest from whales and institutional investors. XRP still has a chance of recovery, which seems to be the motivation behind the whale mass acquisition of the token.Whales Seize The Dip
  WhaleAlert reported that whales had moved 128 million-plus XRP worth close to $53 million
  
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• Why Tom Brady's Net Worth Loss Due To The Cryptocurrency ... - TheThings

  26-01-2023 19:16 via news.google.com
  Why Tom Brady's Net Worth Loss Due To The Cryptocurrency ...  TheThings
  
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• El Salvador’s Bitcoin City wins architectural design award

  26-01-2023 19:05 via coinjournal.net
  
  El Salvador is the first country that recognised Bitcoin as legal tender.
  Bitcoin City has been recognised as a sustainable and highly efficient project.
  El Salvador is building the new city in the country’s East, with clean energy entirely sourced from nearby volcanoes.El Salvador made history when it became the first country in the world to adopt Bitcoin (BTC) as legal tender. The country also announced an ambitious project dubbed ‘Bitcoin City’ – a move that continues
  
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• FTX legal team calls for Sam Bankman-Fried's family to answer questions under oath: Report

  26-01-2023 19:00 via cointelegraph.com
  
  Joseph Bankman, Barbara Fried, and Gabriel Bankman-Fried could reportedly face questions in bankruptcy court about any financial benefits they may have received from FTX.
  
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• Ethereum Hovers Above $1,600, What’s The Next Move?

  26-01-2023 18:30 via newsbtc.com
  
  The general crypto market has increased in market cap in 24 hours, up by 2.89%. Ethereum (ETH), the second-largest crypto project, is also trading in the green in the same time period.Despite being so early in 2023, ETH has recorded significant price gains in the crypto market. Ethereum is still off its all-time high value, but its price shows resilience with the current upsurge. What Is Driving Ethereum’s Rally?
  The recent gains recorded could be attributed to the notable projects ho
  
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• Wyoming Closer To Being First State With Its Own Cryptocurrency ... - Cowboy State Daily

  26-01-2023 18:27 via news.google.com
  
  Wyoming Closer To Being First State With Its Own Cryptocurrency ...  Cowboy State Daily
  
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• Most Criminal Cryptocurrency Funnels Through Just 5 Exchanges - WIRED

  26-01-2023 18:00 via news.google.com
  Most Criminal Cryptocurrency Funnels Through Just 5 Exchanges  WIRED
  
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• Aave purchases 2.7M CRV to clear bad debt following failed Eisenberg attack

  26-01-2023 18:00 via cointelegraph.com
  
  Following a failed short attack, DeFi exploiter Avraham Eisenberg was liquidated from Aave at a loss of $10 million.
  
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• New Research Reveals Which Cryptocurrency Have The Most ... - ValueWalk

  26-01-2023 17:41 via news.google.com
  
  New Research Reveals Which Cryptocurrency Have The Most ...  ValueWalk
  
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• Litecoin Whale Transactions Set New 2023 High, Bullish Signal?

  26-01-2023 17:30 via newsbtc.com
  
  On-chain data shows Litecoin whale transactions have jumped to new highs for 2023 recently. Here’s how this may impact the crypto’s price.
  Litecoin Transactions Valued Higher Than $1 Million Have Surged
  According to data from the on-chain analytics firm Santiment, the last two spikes led to significant rises in the price. The relevant indicator here is the “whale transaction count,” which measures the total number of Litecoin transactions taking place on the blockchain th
  
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• Polkadot Hints At Price Recovery – Can DOT Go Past 15% Weekly Ceiling?

  26-01-2023 17:12 via newsbtc.com
  
  Polkadot (DOT) is in the green (see image below) and going steady. Could this hint at price recovery? Even though Polkadot’s funding rate plunged for a while, it is showing some improvement at the time of writing.
  Here’s a quick look at DOT price movement:  Polkadot price is up by 14.9% in the weekly DOT low in market cap dominance DOT shows a spike in development activityAccording to Coingecko, DOT price has skyrocketed by 4% in the last 24 hours, and trading at $6.50
  
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• FBI Protects Over $130M In Cryptocurrency Ransomware From 'Hive' - Watcher Guru

  26-01-2023 17:08 via news.google.com
  
  FBI Protects Over $130M In Cryptocurrency Ransomware From 'Hive'  Watcher Guru
  
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• Toncoin (TON) options goes live on Bitcoin exchange BIT

  26-01-2023 17:00 via coinjournal.net
  
  Toncoin (TON) options went live on the crypto derivatives exchange BIT on Thursday, 26 January.
  TON is now the third cryptocurrency available for options trading on BIT, adding to Bitcoin and Ethereum.
  The options product will also go live on institutional liquidity network Paradigm in early February.Crypto derivatives exchange BIT has launched options trading for Toncoin (TON), the cryptocurrency native to The Open Network (TON) ecosystem. 
  Options, which is a contract that allows a trade
  
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• US Justice Department seizes website of prolific ransomware gang Hive

  26-01-2023 16:54 via cointelegraph.com
  
  The group is known to have targeted critical infrastructure, healthcare providers, and more over the past two years.
  
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• Bitcoin can still crack $50K if gold correlation continues — Chart

  26-01-2023 16:45 via cointelegraph.com
  
  BTC price performance may encounter a new magnet above the $50,000 mark if gold continues to be a trendsetter.
  
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• Cardano (ADA) Continues To Shine With 15% Gains In the Last Week

  26-01-2023 16:30 via newsbtc.com
  
  Cardano’s native coin ADA has seen many rallies since the start of this year. The token owes its performance to the improving economic condition in the market and the ongoing developments on the Cardano Network.
  Over the past seven days, ADA has observed more than a 15% price gain in 7 days and an over 17% 14-day gain. But what are the possible reasons for ADA’s impressive performance?What Is Contributing To ADA’s Price Rally?
  The hype around the upcoming Djed stablecoin launch
  
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• Metacade – The Biggest GameFi Arcade in Crypto Presale Now

  26-01-2023 16:09 via coinjournal.net
  
  It’s a rare occasion for a project to come along that looks to have the potential to disrupt a $200 billion industry massively. It’s even rarer to find that project as a crypto presale, where investors have the chance to acquire tokens at discount prices before the value explodes.
  Metacade is looking like it could be one of those opportunities, with more and more savvy investors quietly flocking to the presale, as shown by the project making an incredible $3.5 million in just 9 weeks
  
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• Rug pulls: uncovering crypto fraud

  26-01-2023 15:52 via coinjournal.net
  
  How does a crypto rug pull fraud look like?
  The three main types of rug pulls in the cryptocurrency ecosystem.
  Expert tips on how to avoid falling victim to rug pull fraud.Do you know that a minor rug pull can lead you to bankruptcy? Now, you must be thinking what exactly is rug pull? A rug pull in cryptocurrency refers to the abrupt and deliberate abandonment of a startup by project developers after gaining the trust (read: tokenized funds) of the investors in them. 
  These criminals steal
  
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• This Is How The Bitcoin Price Will Be Affected By Macro: Charles Edwards

  26-01-2023 15:30 via newsbtc.com
  
  In a new interview, Charles Edwards of Capriole Investments shared his Bitcoin theses for 2023. Looking back at the past few months, the renowned expert said those have put the market in a position where Bitcoin offers “a great position for long-term investors.”
  As Edwards noted, almost every sentiment metric imaginable fell into the “biggest or second-biggest bearish” range in macro, equities, and crypto. “Pretty much anyone would have said on Twitter last year tha
  
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• The legal dangers of getting involved with DAOs

  26-01-2023 15:30 via cointelegraph.com
  
  Buying DAO tokens? That’s no longer risk-free: Courts might consider you a partner in the business and judge you liable for millions in hacked funds. Another legal trap may be found simply working for a DAO — and implementing community decisions that turn out to be illegal in some far-flung jurisdiction. With many DAO communities […]
  
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• Bitcoin dialogue at WEF requires ‘open-mind’ — Davos 2023

  26-01-2023 15:30 via cointelegraph.com
  
  “It’s about taking inspiration from what we’ve done.” Lugano’s Plan B hopes to drive Bitcoin adoption dialogue at future World Economic Forum conferences.
  
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• Popular altcoins to know

  26-01-2023 15:20 via coinjournal.net
  
  Cryptpcurrencies, Bitcoin and are altcoins – what’s the difference? 
  What are the different types of altoins?
  Ethereum (ETH) and Tether (USDT) – the two most popular altcoins.Do you know there are thousands of alternative coins, or altcoins? In the ten years since Bitcoin’s genesis block was created, thousands of alternative cryptocurrencies, or altcoins, have emerged as a result of blockchain innovation.
  Altcoins are any coins or tokens that isn’t Bitcoin. Al
  
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• Inside the World Economic Forum: Circle, Ripple reflect on Davos 2023

  26-01-2023 15:10 via cointelegraph.com
  
  A handful of cryptocurrency industry players who took part in workshops at the World Economic Forum Annual Meeting paint a picture of increased collaboration within the space in 2023.
  
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• Coinbase stock could tank 40% from here: Mizuho

  26-01-2023 15:03 via coinjournal.net
  
  Coinbase Global Inc will likely give up its entire year-to-date gain in the coming weeks and months, says Dan Dolev, a senior analyst at Mizuho.
  Coinbase stock could make a new low
  This week, Dolev reiterated his “underperform” rating on the cryptocurrency exchange and announced a $30 price objective that represents an alarming 40% downside from here.
  His warning is based primarily on a new survey that suggested retail traders are not participating much despite the recent surge in Bi
  
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• Porsche NFT price suddenly soars days after mint halt: here’s why

  26-01-2023 14:50 via coinjournal.net
  
  The first-ever Porsche (Cayman S) was sold for 300 BTC back in 2013.
  At press time, Porsche 911 NFT floor price was 2.59 ETH.
  Initially, a total of 7,500 Porsche 911 NFTs were to be minted before the motor company abruptly halted the minting process.Day after Porsche halted the Porsche 911 NFT minting, the floor price shot up to an all-time high of 2.9 ETH before pulling back to 2.59 ETH, up 52% at press time.
  The trading volume of the Porsche NFTs has also gone up by 214% to 1.96K ETH accordin
  
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• Tether moves to combat child abuse content marketplaces

  26-01-2023 14:34 via cointelegraph.com
  
  Tether set to collaborate with anti-child-abuse network INHOPE to help the industry combat child abuse material marketplaces.
  
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• Cryptocurrency & crime with Andy Greenberg, senior writer at ... - Hudson Valley 360

  26-01-2023 14:33 via news.google.com
  Cryptocurrency & crime with Andy Greenberg, senior writer at ...  Hudson Valley 360
  
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• ChatGPT learns Bitcoin will end central banking and fiat currency

  26-01-2023 14:25 via cointelegraph.com
  
  A Bitcoin mentor convinced ChatGPT, the AI chatbot, that Bitcoin would bring about the demise of fiat currency.
  
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• CryptoQuant’s Bitcoin PnL Index Forms Bullish Crossover

  26-01-2023 14:18 via newsbtc.com
  
  CryptoQuant’s Bitcoin on-chain PnL index has surged above its 365-day MA recently, a crossover that has historically signaled early bull markets.
  Bitcoin On-Chain PnL Index Has Formed A Bullish Crossover
  As per data from the on-chain analytics firm CryptoQuant, the index is indicating a buy signal for BTC right now. The “CryptoQuant on-chain PnL index” is a metric that combines three different indicators into one to point out tops, bottoms, and cyclical shifts in the price of B
  
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