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What to expect in crypto ahead of inflation report, as Bitcoin banks eight straight days of gains
Key Takeaways Bitcoin has increased for eight straight days, now up 9.2% on the year Period of low volatility in the crypto markets paired with softer inflation data has sent prices upward Latest CPI report is out Thursday which will trigger volatility and is vitally important for the market following increased optimism over last month […] The post What to expect in crypto ahead of inflation report, as Bitcoin banks eight straight days of gains appeared first on CoinJournal. дальше »
2023-1-12 12:58
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Bearish crypto movement is expected as overbought signals surface
The total crypto market capitalization rose from $797 billion on Jan. 1 to around $859 billion nine days later, and is roughly $857 billion at the time of writing, per CoinMarketCap data. While the top 15 cryptocurrencies were moving in… дальше »
2023-1-11 16:29
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Wyre Imposes Daily Withdrawal Limit For All Users Amid Swirling Rumours Of A Winding Up
The crypto winter has stretched longer than predicted by many experts and has made several web3 firms think outside the box to stay afloat. Digital asset payment platform Wyre has announced a new withdrawal policy in the wake of bankruptcy concerns hovering around the company. дальше »
2023-1-11 22:38
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Coinbase Continues Staff Layoffs Citing ‘Ongoing Market Conditions’
Coinbase announced Tuesday that it plans to lay off 950 staff members, about 20% of its workforce, to reduce costs – according to an internal memo. The exchange is blaming the current market conditions for its continued personnel reduction. дальше »
2023-1-11 22:26
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Longling Capital balance falls from $1.7b to $29m, signaling potential market exit
Major venture capital firm Longling Capital keeps selling its holdings. The latest transaction processed on Jan. 9 moved 8,000 ethereum (ETH) worth $10.6 million to Binance. Blockchain data shows that Longling Capital repaid a $1,9 million loan to Compound to… дальше »
2023-1-10 13:54
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Gemini Strives To Keep Its Head Up With Exchange User Withdrawals, But For How Long?
For most crypto firms, 2023 continues right from 2022, following the collapse of former crypto king Sam Bankman-Fried’s empire in November. In the past three months, layoffs in the sector have hit an all-time high as crypto prices drop to record lows. дальше »
2023-1-10 22:58
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Why are crypto prices rising? 2023 off to hot start
Key Takeaways Crypto markets have jumped to the start the year off positive macro news Next inflation reading is out on Thursday, which will cause further volatility Fight against inflation has long way to go, with investors not out of woods yet Solana has risen 65% since New Year’s Day, but fell drastically prior and […] The post Why are crypto prices rising? 2023 off to hot start appeared first on CoinJournal. дальше »
2023-1-9 15:45
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Fidelity Explores Possibilities In The Metaverse, Plans To Launch NFT Marketplaces And Virtual Real Estates
Investment giant Fidelity is set to make inroads in the metaverse as its latest efforts in the development of web3 to the delight of metaverse users. дальше »2023-1-9 01:02
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U.K.’s Government Imposes Tax Breaks For Foreigners Investing In The Asset Class Using Local Investment Managers
Jan 1 heralded a new tax regime for digital assets in the U. K. targeted at foreign investors in digital assets with a focus on transforming the local digital economy. Foreigners looking to invest in digital assets in the U. дальше »
2023-1-4 17:11
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Gemini Accuses DCG of Being Behind Genesis’ Woes
Gemini’s co-founder Cameron Winklevoss wrote an open letter Tuesday accusing Barry Silbert, CEO of DCG, the parent company of Genesis trading, of causing the latter’s collapse. Genesis Global Trading temporarily suspended withdrawals in November due to liquidity issues resulting from the demise of FTX. дальше »
2023-1-4 17:00
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Ethereum expansion project Scroll to reset Pre-Alpha network
The Scroll team announced a scheduled Pre-Alpha reset that will occur on Jan. 9 and will be geared towards achieving a higher throughput in the network. Pre-Alpha testnet reset According to the communication passed through Scroll’s official Twitter account, the… дальше »
2023-1-3 15:00
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Ethereum transaction volumes soaring, but bitcoin is still more popular
Ethereum (ETH) transaction volumes have been on the rise since last year, surpassing that of bitcoin (BTC), according to on-chain data sourced from Nasdaq and Ychart by reddito321. Thanks to its support for smart contracts, non-fungible tokens (NFTs), and various… дальше »
2023-1-3 14:35
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Management Failures At FTX Not Specific To Crypto
On December 13, 2022, John Ray III, the new CEO of FTX Group overseeing its bankruptcy, testified before congress on the collapse of FTX. Ray’s testimony highlighted a number of corporate failures at the now defunct FTX and the efforts underway by his new management team to identify and recover the company’s assets of the […] дальше »
2023-1-3 22:12
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Ethereum Merge Checkpoint Reached in 2022; What’s to Come in the New Year?
The long-awaited Ethereum Merge was the network's crowning achievement in 2022, but there are still proposals and upgrades to contend with in 2023. The post Ethereum Merge Checkpoint Reached in 2022; What’s to Come in the New Year? appeared first on BeInCrypto. дальше »
2022-12-31 15:13
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Billions Lost, Employees Cut Off — Inside The Metaverse’s Bad Run In 2022
If wishes were granted on the metaverse, the first would be to delete the year 2022 from the history books and push on with the highs of 2021. The metaverse had resonated in crypto spaces for a while but boomed in late 2021 when Facebook founder Mark Zuckerberg joined the train announcing a metaverse platform […] дальше »
2022-12-29 23:24
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Are Monetary Policy Impulses Fueling Cryptos Price Decline?
The ranging inflation figures witnessed in 2022 have plunged households across the globe to contend with rising food, rent, and energy prices. The stubborn inflation has compelled multiple central banks to embrace contractionary monetary policies. дальше »
2022-12-29 22:49
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Bitcoin, Ether to Rise in 2023, Beating Major Altcoins – Coinbase Predicts
Coinbase Institutional has released a series of predictions on Bitcoin, altcoins, DeFi, and crypto mining in its 2023 Crypto Market Outlook report. The exchange predicts significant growth in major cryptocurrencies, particularly BTC and ETH, next year. дальше »
2022-12-29 22:22
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Ethereum price as cryptocurrency falls below $1,200
Ethereum fell by 1. 87% on Wednesday to relinquish $1,200 price level Ethereum price is ailing from the weak sentiment in the crypto sector The price faces further slump although it has some stability Looking to buy Ethereum (ETH/USD) in the new year? Probably waiting a little longer would help. дальше »
2022-12-29 18:44
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Jerome Powell Triggers Crypto Market Shakeup
The cryptocurrency market, led by Bitcoin (BTC) and Ether (ETH), has been recording a price surge following a remark made by Federal Reserve chair Jerome Powell that the central bank is likely to slow down its interest rate hikes. дальше »
2022-12-28 22:06
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Australia Accelerates Crypto Adoption Plans Ahead Of 2023
The Department of Treasury, the Australian Government ministerial department responsible for economic policy, fiscal policy, market regulation, and budgeting, announced that the country will introduce stricter rules for crypto in early 2023. дальше »
2022-12-24 23:37
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Digital Assets Amongst Vulnerabilities Within The US Financial System – Report
The Financial Stability Oversight Council (FSOC) released its 2022 Annual Report following approval by its voting members on December 16, 2022. According to the report, digital assets were amongst the vulnerabilities identified within the United States (U. дальше »
2022-12-24 22:47
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Binance plans to invest in India’s web3 startups, hire local talents from top universities: CTO Rohit Wad
Binance’s Chief Technology Officer (CTO) Rohit Wad considers India a hub of web3 innovations, and he plans to hire technology professionals from its top universities. In an interview with Businessline, Wad mentioned Mumbai among the cities where it plans to select new talents. дальше »
2022-12-24 22:24
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Regulation Alone Isn’t Enough To Address Shortcomings Of Crypto – ECB Board Executive
According to Fabio Panetta, a Member of the Executive Board of the European Central Bank (ECB), solid foundations for the broader digital finance ecosystem are needed to harness the possibilities of digital technologies, and that regulation alone will not be enough to address the shortcomings of cryptos. дальше »
2022-12-23 22:04
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3 Reasons P2P Crypto Exchange Paxful Just Removed Ethereum From Its Platform
Peer-to-peer bitcoin marketplace Paxful has removed Ethereum (ETH) from its platform. "Revenue is nice, but integrity trumps all," founder and CEO Ray Youssef said while announcing the shocking delisting. дальше »
2022-12-22 22:14
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This Marketplace Delisted Ethereum Claiming That It Is a Digital Form of Fiat
Ethereum will be kicked out of the Paxful marketplace due to the Proof-of-Stake transition. The founder believes that ETH is not decentralized. The post This Marketplace Delisted Ethereum Claiming That It Is a Digital Form of Fiat appeared first on BeInCrypto. дальше »
2022-12-22 20:00
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Crypto Companies Seek Partnership And Acquisition Strategies For Business Development
According to a November 30, 2022 news announcement on its website, Poloniex has entered into a strategic partnership with Huobi that involves working together on ecosystem expansion, project cooperation, liquidity support, and global compliance. дальше »
2022-12-21 00:35
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Goldman Sachs Plans To Splash Millions Of Dollars Into Crypto Firms After FTX Implosion
Goldman Sachs plans to splash “tens of millions of dollars” on investments or buyouts in crypto firms after the FTX collapse hit last month and suppressed investor interest. The FTX collapse and subsequent contagion across major lending firms had elicited calls for more regulatory oversight on players, assuring big banks of the sector’s stability. In […] дальше »
2022-12-15 23:12
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Crypto market rebounds as on-chain data shows mysterious trends
The cryptocurrency market is mostly green today, with all major cryptocurrencies trading higher than they were 24 hours ago. As of press time, market data shows that all major cryptocurrencies reported gains over the last 24 hours. Bitcoin (BTC) is… дальше »
2022-12-14 00:50
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The EU Threw a Party In €387k Metaverse, and Hardly Anyone Noticed
A recent attempt by the European Commission’s foreign aid department to get young people excited about the EU with a virtual party in the metaverse backfired after only five attendees showed up. дальше »
2022-12-6 22:53
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BAYC Struggles to Survive the Mass NFT Decline As Floor Prices Plummet
The non-fungible token (NFT) market has been plunging along with the rest of the cryptocurrency market. Bored Apes Yacht Club (BAYC), the largest NFT collection by market capitalization, has seen its floor price—the minimum price a piece in the collection sells for—fall 20% in the past week. дальше »
2022-12-5 20:41
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Binance Re-Enters Japanese Crypto Market With Acquisition of FSA-Regulated Exchange Sakura
The European Central Bank has cautioned banks against promoting Bitcoin investments, arguing that the cryptocurrency’s apparent calm will likely pan out, plunging prices lower. дальше »2022-12-2 20:39
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Brazil’s Congress Passes Bill Legalizing Bitcoin, Ether Payments
Brazil’s lower house of Congress has finally passed the long-awaited crypto bill legalizing crypto payments in the country and enabling banks to start offering services in the sector. дальше »2022-12-2 01:12
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BlockFi Has $10 Billion in Assets and Liabilities and 100,000 Creditors: Bankruptcy Filing
Cryptocurrency lender BlockFi and its eight affiliates have disclosed assets and liabilities worth $10 billion and 100,000 creditors in a Chapter 11 bankruptcy protection filed Monday in the United States Bankruptcy Court for the District of New Jersey. дальше »
2022-11-30 23:50
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ApeCoin’s APE Surges on New NFT Marketplace Launch
ApeCoin (APE) is up 4% in the last week, to $3. 24 at the time of writing, following a bespoke NFT marketplace launch for the Ethereum-based governance token. The new platform will support Yuga Labs NFT collections – Bored Ape Yacht Club, Mutant Ape Yacht Club, and Otherside Metaverse trades. дальше »
2022-11-26 22:27
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Billionaire Bill Ackman Believes Crypto Will Explode Into Something Big In The Future
Billionaire hedge fund manager Bill Ackman remains optimistic about the cryptocurrency sector despite the widespread deleveraging event caused by... дальше »2022-11-22 20:54
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Metaverse Market Size to Grow by $107.06 Billion by 2027, Asia Pacific Region to Lead – Report
The global metaverse market share is set to increase by $107.06 billion from 2023 to 2027, according to a report by leading global research firm Technavio Research. The report, which draws its analysis from five regions including North America, Europe, APAC, South America, and the Middle East and Africa further projects the market’s Year-Over-Year growth rate to hit 20.59% during the forecast period. […] дальше »
2022-11-16 15:20
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Meta Cuts Workforce Amid Its Metaverse’s Losing Streak
Employees at sprawling American multinational technology conglomerate Meta face uncertainty amid a broad restructuring plan that includes significant layoffs. In a Wednesday letter to employees, Mark Zuckerberg stated that they had decided to slash the company’s workforce by about 13% following an unexpected turnaround in the company’s revenues. дальше »
2022-11-16 17:24
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Crypto.com Accidentally Sent $400M Worth Of ETH – But It’s Not The First Time They Are Making Such An Error
The error sparked a wave of fear over the future of the exchange, which the firm’s CEO has downplayed. дальше »2022-11-15 23:43
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Bitcoin’s Energy Usage Spikes To 41% In 12 Months Amid Increasing Regulatory Interest In PoW Mining
The energy consumption of Bitcoin (BTC) mining rigs soars in the third quarter of 2022, according to a report by the Bitcoin Mining Council (BMC). The report shows a 41% rise year-on-year increase in the energy consumption of the largest cryptocurrency, although new efforts and technology have been deployed to mine BTC this past 12 […] дальше »
2022-11-12 22:40
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Seasoned Price Action Trader Says This Has To Happen For The Crypto Relief Rally To Continue
In a tweet on October 31, seasoned price action trader Justin Bennett asserted that Tether (USDT’s) dominance has to break its upward trend for the latest crypto rally to continue. While Bennett concedes that there are other stablecoins, he asserts that USDT remains at the top. дальше »
2022-11-12 21:32
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Ethereum Becomes Ultra Sound Money But Remains Vulnerable to Censorship
Ethereum achieves ‘zero net issuance’ 55 days after the much-anticipated Merge. Deflationary, Ultrasound money status is intact. But the price falls as ETH nosedives by more than 18%- still bleeding. дальше »
2022-11-10 10:00
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New Metrics Reveals Why Crypto Market Prices Swing Bullish or Bearish
According to data from Santiment, the relationship between social sentiment and crypto bullish and bearish price directions has been forming a new dynamic in October. дальше »2022-11-10 22:07
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Cathie Wood reveals her first BTC investment is in over $7 million of unrealized profit
Cathie Wood, the founder, CEO and CIO of ARK Invest, has revealed that she first bought $100,000 worth of BTC at a price of around $250 back in 2015 and has held it until now — putting the investment in massive unrealized profit of over $7. дальше »
2022-11-10 16:26
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Indian Tax Authority Seeks Information About Crypto Trade Value Chain from Digital Exchanges For GST Administration
Central Board of Indirect Taxes and Customs (CBIC) has sought detailed information about the cryptocurrency trade value chain so that different activities can be classified accurately and taxed accordingly. дальше »
2022-11-3 20:10
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Despite Founding Principles, SEC’s Gary Gensler Says Crypto Is Centralized
The head of the SEC views digital asset firms as centralized institutions against their founding decentralization principles. дальше »2022-11-2 20:47
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Crypto Lending Dropped 80% In Q3, Genesis Trading Report Reveals
Genesis Trading, a leading global crypto brokerage firm reported an 80% plunge in its lending segment, taking the third consecutive beating in Q3 following the sharp decline in the digital asset market this year. дальше »
2022-11-2 20:37
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Binance and BitMEX Whales Have Reportedly Entered a Long Position
Whale activity on futures exchanges has been signalling a likely short-term rebound in the Bitcoin (BTC) market. According to Dan Lim, a CryptoQuant crypto market analyst, a single whale simultaneously entered long positions at the market asking price on Binance’s and Bitmex’s futures markets. дальше »
2022-11-1 21:40
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Institutional Adoption Of Digital Assets Soars Despite Gruelling Crypto Winter – Fidelity Report
Institutional investors are here, and they are buying the dip, a report published by Fidelity Digital Assets on Thursday has shown. While turbulent market conditions may have taken a toll on retail investors, the report showed that nearly 58% of institutional investors surveyed in the fourth annual study by the firm were invested in digital […] дальше »
2022-10-30 18:53
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Austrian Police Chief Says Investigations By Indian Agencies Reduced Crypto Scams
Investigations by Indian law enforcement agencies helped reduce cryptocurrency scams in Austria and other European countries. Austria’s Federal Police and Director of Criminal Intelligence Service, General Mag Andreas Holzer, told this and complimented the representatives of India’s Central Bureau of Investigation (CBI) on the sidelines of the Interpol general assembly held during October 18-21 in […] дальше »
2022-10-23 19:38
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German $9B Neo Bank N26 To Offer Bitcoin, Ethereum Trading Services
Berlin-based neo bank N26 is launching a crypto trading service for millions of customers as demand for digital assets in Europe’s banking sector soars. According to a CNBC report, the “N26 Crypto” service will be powered by the Austrian crypto and stocks trading platform Bitpanda. дальше »
2022-10-22 15:09
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