Crypto’s ongoing crisis is an opportunity for realignment

The value and reputation of the crypto market took a nosedive this May. Its recovery is a chance to fix both. 3907 Total views 68 Total shares It’s not a great day to be in crypto. Perhaps you’ve seen an article (or 20) about this. Perhaps you’ve been on Twitter, where our detractors are cackling gleefully over every headline, each one more harbinger-of-doom-esque than the next. To be fair, things are going badly. Crashed, collapsed, erase

Jed McCaleb’s XRP bag is almost gone, Ethereum’s difficulty bomb delayed, and FTX inks deal with BlockFi: Hodler’s Digest, June 26-July 2

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week After 8 years dumping billions of XRP, Jed McCaleb’s stack runs out in weeks Ripple Labs co-founder and former chief technology officer Jed McCaleb is nearing the end of his eight-year-long

Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin announcement

STRAX price bucked the market-wide bearish downtrend by rallying 200% after the team unveiled plans for a British pound stablecoin and a new metaverse. 3503 Total views 48 Total shares Bear markets can be incredibly harsh for projects that have little adoption or lack an applicable use case, but projects that dedicate to building regardless of market sentiment tend to succeed in the next market cycle. One project that has seen a noticeable boost

Brad Garlinghouse says NFTs 'underhyped,' sees new use cases | Cointelegraph interview

The Ripple CEO reflected on crypto's presence at the World Economic Forum and the emerging use cases for digital assets. 5469 Total views 77 Total shares Ripple (XRP) has announced a $100 million investment in the carbon trading segment, CEO Brad Garlinghouse told Cointelegraph’s Joseph Hall in an interview on the sidelines of the World Economic Forum (WEF) Annual Meeting, which concluded on Thursday.  Garlinghouse noted the rising profile of cryptocurrency at

Community reacts after SEC’s Gensler affirms BTC’s commodity status

Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity. 10350 Total views 64 Total shares United States Securities and Exchange Commission Chair Gary Gensler riled up Crypto Twitter on Monday after affirming that Bitcoin (BTC) is a commodity. Questions were raised about its impact on Grayscales’ proposed Bitcoin exchange-traded fund (ETF

Dogecoin price could rally 20% in July with this bullish reversal pattern

DOGE’s bullish pattern has reached its profit target 79 out of a hundred times in its financial history. 3502 Total views 62 Total shares Dogecoin (DOGE) looks ready to extend its rebound move despite the current crypto bear market. 79% chances DOGE will extend its rebound move DOGE’s price appears to have been painting a bump-and-run-reversal (BARR) bottom since May 11, a technical pattern that points to extended trend reversals in a bear

Bitcoin price drops 3% to ten-day lows as Ethereum inches closer to $1K

Harmony offers $1M bounty, but is it big enough?

Price analysis 6/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO

A handful of on-chain metrics suggest that Bitcoin could be close to bottoming, and if true, the eventual relief rally could induce sharp gains from altcoins. 17944 Total views 51 Total shares The United States equity markets and the cryptocurrency space are witnessing a relief rally this week. Supporting the rise in risky assets is the U.S. dollar index (DXY), which retreated from its multi-year high. Generally, cryptocurrencies move inverse to

Must staking and liquidity pool lock-ups change to see crypto mass adoption?

Will the wave of lending protocols struggling in the bear market stimulate the development of alternative solutions to create more sustainable investment opportunities? 1082 Total views 23 Total shares The recent downturn in the broader crypto landscape has highlighted several flaws inherent with proof-of-stake (PoS) networks and Web3 protocols. Mechanisms such as bonding/unbonding and lock-up periods were architecturally built into many PoS net

Ethereum price breaks out as 'bad news is good news' for stocks

Breaking: Harmony’s Horizon Bridge hacked for $100M

The layer-1 blockchain’s main bridge between Ethereum, Binance Chain and Bitcoin has been exploited for nine figures but says its BTC bridge has not been affected. 17846 Total views 151 Total shares The Horizon Bridge to the Harmony layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether (ETH). The hack may vindicate previously raised community concerns about the robustness of the two of four multis

Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin announcement

Harmony hacker sends stolen funds to Tornado Cash mixer

The exploiter seems to have rejected the Harmony team’s bounty offer of $1 million to return the $100 million stolen from the Horizon Bridge token bridge. 6280 Total views 9 Total shares The funds from Harmony’s Horizon Bridge have begun to move into the Tornado Cash Ethererum mixer, signaling that the attacker has no intention of accepting the $1 million bounty offered. The decision to obfuscate the ill-gotten gains answers questions about

Must staking and liquidity pool lock-ups change to see crypto mass adoption?

Will the wave of lending protocols struggling in the bear market stimulate the development of alternative solutions to create more sustainable investment opportunities? 750 Total views 7 Total shares The recent downturn in the broader crypto landscape has highlighted several flaws inherent with proof-of-stake (PoS) networks and Web3 protocols. Mechanisms such as bonding/unbonding and lock-up periods were architecturally built into many PoS netwo

Bitpanda announces layoffs citing no compromise on product quality

Witnessing the crypto crashes over the past several weeks from a front-row seat, Bitpanda made the “tough decision” of cutting down its employee headcount to roughly 730 people. 4557 Total views 67 Total shares Austrian crypto and stock trading platform Bitpanda joins the growing list of companies to announce a mass layoff as it aims to “get out of it financially healthy” amid an unforgiving bear market. Over the past several weeks, the

Sam Bankman-Fried provides bailouts, ‘Bitcoin dead’ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25

Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?

BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided? 5597 Total views 79 Total shares There is good reason to be afraid. Previous down markets have seen declines in excess of 80%. While tightfisted hodling might hold wisdom among many Bitcoin (BTC) maximalists, speculators in altcoins know that diamond handing can mean near (or total) annihilation. 

Ethereum price breaks out as 'bad news is good news' for stocks

Ether has rebounded by nearly 40% in the last six days despite persistent "bull trap" risks. 14014 Total views 14 Total shares Ethereum's native token, Ether (ETH), gained alongside riskier assets as investors assessed weak U.S. economic data and its potential to cool down rate hike fears. Ether mirrors risk-on recovery ETH's price climbed up to 8.31% on June 24 to $1,225, six days after falling below $880, its lowest level since January 2021.

WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck

Bitcoin may still see ‘wild’ weekend as BTC price avoids key $22K zone

Bitcoin bulls still have a battle on their hands in low-volume weekend trading, analysis warns, while altcoins preserve multi-week record gains. 31966 Total views 87 Total shares Bitcoin (BTC) focused on $21,000 into the weekend amid warnings that volatility could still consume the market before June 27. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView SP 500 sees second best week of 2022 Data from Cointelegraph Markets Pro and

University of Cincinnati turning crypto craze into educational curriculum

The programs, which are funded by a longtime supporter of the university, will teach students about Bitcoin and other digital assets. 1832 Total views 48 Total shares Cryptocurrencies are attracting a lot of attention from academic institutions as they become increasingly accepted as an alternative to conventional assets. The University of Cincinnati (UC) in Ohio, United States, has even established courses around cryptocurrency as part of its c

Blockchain isn’t as decentralized as you think: Defense agency report

The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system. 4975 Total views 37 Total shares Distributed ledger technology (DLT) and blockchains including Bitcoin and Ethereum may be more vulnerable to centralization risks than initially thought, according to Trail of Bits.  The security firm on Tuesday released its report titled “Are Blockchains Decentral

Polygon price jumps 60% in four days amid 'pretty big' MATIC accumulation

MATIC price now eyes a 20% price rally as it undergoes an inverse head and shoulders breakout. 5929 Total views 94 Total shares Polygon (MATIC) took a break from its prevailing bearish course, posting one of the sharpest rebounds in the crypto market this week. Notably, MATIC's price has risen to $0.50 this June 23, four days after hitting $0.317, its lowest level since April 2021. This amounts to roughly a 60% gain, surpassing the performances

Tether to launch GBPT stablecoin pegged to British pound sterling

Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment. 4233 Total views 38 Total shares Major stablecoin company Tether is expanding its stablecoin offering with a new cryptocurrency pegged to the British pound sterling (GBP). Tether officially announced on Wednesday that its upcoming GBP-pegged stablecoin, GBPT, will launch in early July and will initially be

Meta set to begin testing NFTs on Instagram Stories with Spark AR

Earlier this week, Meta also announced it would join with other tech companies to create a Metaverse standards body. 4410 Total views 76 Total shares Instagram's parent company, Meta, announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform Spark AR. CEO Mark Zuckerberg said of the news, “We're expanding our test so more creators around the world can display their NFTs on Instagram.” Th

Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto

Breaking: Harmony’s Horizon Bridge hacked for $100M

The layer-1 blockchain’s main bridge between Ethereum, Binance Chain and Bitcoin has been exploited for nine figures but says its BTC bridge has not been affected. 15843 Total views 151 Total shares The Horizon Bridge to the Harmony layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether (ETH). The hack may vindicate previously raised community concerns about the robustness of the two of four multis

Ethereum risks 'bull trap' after 25% ETH price rebound

ETH price faces headwinds from bearish technicals coupled with strong Ethereum investment outflows. 12488 Total views 58 Total shares Ethereum's token Ether (ETH) could be entering a "bull trap" zone after rebounding back above the $1,000 mark from 18-month lows of $885.  Ether price paints a "rising wedge" The first among these indicators is a "rising wedge," a classic bearish reversal setup that forms after the price trends upward inside a ra

Ukraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K

The CryptoPunk 5364 NFT was donated to the Aid For Ukraine campaign by user 0x165cd3, who procured the artwork back on March 1, 2022. 1891 Total views 69 Total shares It took cross-border sanctions and an escalating war for the Ukrainian government to realize the importance of cryptocurrencies, as it witnessed uninterrupted monetary aid in the form of crypto and nonfungible tokens (NFT). In a continued effort to aid the needs of its citizens and

Ukraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K

Ethereum testnet Beacon Chain launched and ready for trial merge

The Sepolia testnet is the next in line after Ropsten to undergo a merge trial run since its Beacon Chain is now live and ready to give developers valuable information leading up to the real thing. 7689 Total views 68 Total shares The Sepolia testnet Beacon Chain has gone live, setting the stage for its merge dress rehearsal to give Ethereum network developers valuable technical insights. Upon merging with its dedicated Beacon Chain, the Sepolia

SEC can’t confirm if video of Bill Hinman is actually Bill Hinman in Ripple case

“After reasonable inquiry, the information known and currently available is not sufficient to enable the Commission to admit or deny this request,” the SEC stated in court documents. 17558 Total views 81 Total shares The United States Securities and Exchange Commission (SEC) is unable to confirm or deny if a video predominately featuring Bill Hinman actually features Bill Hinman. Bill Hinman, also known as William Hinman, is the former dire

‘Disappointing:’ Cardano devs delay Vasil hard fork by a month

While IOHK admitted the news was disappointing, the firm stated it is taking an “abundance of caution” to ensure the Vasil upgrade is implemented correctly. 8750 Total views 57 Total shares Input Output Hong Kong (IOHK), the blockchain engineering firm behind the Cardano network, has released some “disappointing news,” announcing a one-month delay to the long-awaited Vasil upgrade. The Vasil upgrade is set to provide a “massive perfor

This is what's standing in the way of DeFi's 'NFTification'

NFTs and DeFi have taken the world by storm in recent years, but both industries have downsides. Bringing them together could be a force for good. 650 Total views 8 Total shares Ask someone what an NFT is, and they'll instinctively think of digital art — the CryptoPunks, Bored Apes and Ether Rocks that have sold for eye-watering sums. In some circles, nonfungible tokens have been dismissed as a vehicle for speculation, with critics lam

Price analysis 6/20: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX

Bitcoin and select altcoins attempted a relief rally, but most breakouts are being capped-off well below the 20-day moving average. 9588 Total views 75 Total shares The crypto markets have been in a strong bear phase for the past several months but JPMorgan Chase analysts expect that to change and they have projected a significant upside from the current levels. The analysts cited the rising share of all stablecoins in the total crypto market f

Ethereum price risks a drop below $1K if these key price metrics turn bearish

Two key Ethereum price metrics have yet to turn bearish, but it won’t take much to trigger an ETH drop below $1,000. 7789 Total views 48 Total shares Ether (ETH) price is down 37.5% in the last seven days and recent news reported that developers decided to postpone the network's migration to a proof-of-stake (PoS) consensus. This upgrade is expected to end the dependency on proof-of-work (PoW) mining and the Merge scalability solution that has

Avalanche (AVAX) price drops 45% in a month and data points to further downside

AVAX is testing support at $14.80 and the network’s DApp use is underperforming its competitors, suggesting that the easiest path forward is down. 2584 Total views 15 Total shares Avalanche (AVAX) is down 45% in 30 days and in the same time the cryptocurrencies total market capitalization shrank by 29%. Despite the recent downturn, this decentralized application (DApp) platform remains a top contender in the layer-1 and layer-2 race and it ra

Synthetix racks up over $1M in daily fees as SNX token value surges 100%

L2 scaling solution Synthetix collaborated with Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC and sUSD/3CRV, allowing investors to convert synths into tokens. 4672 Total views 66 Total shares Layer-2 scaling solution Synthetix recently collaborated with liquidity provider Curve Finance to create Curve pools for Synthetic Ether (sETH)/Ether (ETH), Synthetic Bitcoin (sBTC)/Bitcoin (BTC) and Synthetic U.S. dollar (sUSD)/3CRV, allowing

Ukraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K

The CryptoPunk 5364 NFT was donated to the Aid For Ukraine campaign by user 0x165cd3, who procured the artwork back on March 1, 2022. 1109 Total views 50 Total shares It took cross-border sanctions and an escalating war for the Ukrainian government to realize the importance of cryptocurrencies, as it witnessed uninterrupted monetary aid in the form of crypto and nonfungible tokens (NFT). In a continued effort to aid the needs of its citizens and

72 of the top 100 coins have fallen 90% or more: Here are the holdouts

The vast majority of cryptocurrencies have dipped more than 90% from their all-time highs, but a core group has managed to stay ahead of the pack. 30681 Total views 1508 Total shares According to price data from CoinGecko compiled by CoinGoLive, the current bear market has seen a whopping 72 out of the top 100 tokens fall more than 90% from their all-time highs. The larger-cap coins are faring better than most. Among the top 10 cryptocurrencies

Could the SEC case against Ripple falter over a conflict of interest?

Newly discovered documents suggested a possible conflict of interest from a former SEC official when he made a speech about Ether, which some claim could jeopardize the SEC’s case against Ripple. 16405 Total views 96 Total shares Newly discovered documents could pose a major roadblock for the United States Securities and Exchange Commission (SEC) in its case against Ripple if they prove a former commission official had a conflict of interest.

This oracle data provider platform has surpassed 4 million nodes since inception

The protocol has weathered multiple bear markets and has nearly 250 million data payloads and counting. 2151 Total views 23 Total shares Can a fully-functional oracle network ecosystem that anonymously collects and validates geospatial (location-specific) data exist? One blockchain firm seems to have gotten the gist of the idea. Founded in 2012, XY Labs and its namesake protocol XYO, which is built on the Ethereum blockchain, seek to reward part

Ethereum price flash crashes to $950 on Uniswap as whale dumps 93K ETH

ETH managed a sharp rebound after falling to $950. But the ETH/USD bearish continuation setup could have it revisit it. 31132 Total views 1125 Total shares Ethereum's native token Ether (ETH) fell to as low as $950 on Uniswap—a decentralized crypto exchange— this June 13, about 20% lower than its spot rate across other exchanges. ETH/USD hourly price chart. Source: Uniswap Over $130M ETH sold in six hours The incident happened at aro

XRP price technical breakdown boosts chances of a 40% drop by July

Coinbase NFT marketplace: How to buy NFTs on Coinbase?

Connect your crypto wallet to the Coinbase marketplace, and have ETH in your wallet to bid, buy and sell NFTs on Coinbase. 1424 Total views 28 Total shares Not only is the number of nonfungible token (NFT) collections growing at a phenomenal rate, but so are the NFT marketplaces. Previously, NFT marketplaces were mainly decentralized applications (dApps) on various blockchains, but nowadays, crypto exchanges are also seeing the benefits of havin

Tether aims to decrease commercial paper backing of USDT to zero

Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it. 6292 Total views 41 Total shares The major stablecoin company Tether is looking to eventually get rid of commercial paper backing for its United States dollar-based stablecoin Tether (USDT). Tether issued an official statement on Wednesday to deny reports alleging that Tether’s commercial paper portfolio is 85

Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Binance ends support for anonymous Litecoin transactions Binance has decided to ban Litecoin ( LTC ) transactions sent through the most recent MimbleWimble (MWEB) upgrade from its exchange,

BTC price crashes to $20.8K as ‘deadly’ candles liquidate $1.2 billion

Carnage for short-term traders and speculators as volatility destroys both long and short positions on the way to $20,000. 21822 Total views 161 Total shares Bitcoin (BTC) came within $1,000 of its previous cycle all-time highs on June 14 as liquidations mounted across crypto markets.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin price hits 18-month lows Data from Cointelegraph Markets Pro and TradingView showed BT

ICI Bucharest to use Elrond blockchain to develop DNS and NFT marketplace

The two entities seek to enhance the integration of innovative Web 3.0 technologies in everyday use. 2769 Total views 42 Total shares On Tuesday, Romania’s National Institute for Research and Development In Informatics, also known as ICI Bucharest (ICI), announced that it would be building an institutional nonfungible token (NFT) marketplace and a decentralized Domain Name System (DNS). Both services will be built on the Elrond blockchain, whi

72 of the top 100 coins have fallen 90% or more: Here are the holdouts

The vast majority of cryptocurrencies have dipped more than 90% from their all-time highs, but a core group has managed to stay ahead of the pack. 16012 Total views 1408 Total shares According to price data from CoinGecko compiled by CoinGoLive, the current bear market has seen a whopping 72 out of the top 100 tokens fall more than 90% from their all-time highs. The larger-cap coins are faring better than most. Among the top 10 cryptocurrencies

SEC can’t confirm if video of Bill Hinman is actually Bill Hinman in Ripple case

“After reasonable inquiry, the information known and currently available is not sufficient to enable the Commission to admit or deny this request,” the SEC stated in court documents. 17497 Total views 81 Total shares The United States Securities and Exchange Commission (SEC) is unable to confirm or deny if a video predominately featuring Bill Hinman actually features Bill Hinman. Bill Hinman, also known as William Hinman, is the former dire

Ethereum price falls below $1.1K and data suggests the bottom is still a ways away

ETH price has stalled around the $1,100 level, but several data points suggest the altcoin’s sell-off is far from complete. 22968 Total views 335 Total shares Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a 78% correction since the $4,870 all-time high on Nov. 10, 2021. More importantly, Ether has underperformed Bitcoin (BTC) by 33% between May 10 and June

Binance Australia CEO: Regulations will establish higher standards in crypto

Leigh Travers feels that a change in Australia’s government could slow down work on crypto regulations that could prove that the industry is already operating at a higher level than traditional finance. 2882 Total views 8 Total shares As the struggle for regulatory clarity down under rages on, Binance Australia’s CEO Leigh Travers thinks that such a framework will prove the crypto industry “holds itself to a higher standard” than many be

Price analysis 6/10: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB

BTC and altcoins are on the verge of falling below critical support levels, and June 10’s higher-than-expected CPI report isn’t helping. 23069 Total views 48 Total shares The United States equities markets tumbled on June 10 after the Consumer Price Index (CPI) report showed inflation soaring 8.6% from a year ago, the highest increase since 1981. The latest figures show that talks of inflation having peaked were premature and according to Bl

Yuga Labs co-founder prewarns possible attack, claims Twitter insider involved

Gordon Goner warned about a possible incoming attack after receiving “credible information” that an insider from Twitter would help bypass the security of the social media accounts. 2772 Total views 31 Total shares Gordon Goner, pseudonymous co-founder of Yuga Labs, issued a warning about a possible incoming attack on their social media accounts under the Yuga Labs umbrella after receiving “credible information” that an insider from Twit

The trouble with automated market makers

Automated market makers are a true public good in crypto, enabling genuinely decentralized trading 24/7 and supporting the wider DeFi ecosystems. But they’re not without a host of problems, writes digital economist and academic Christos A. Makridis. The decentralized finance (DeFi) market has surged since 2021, growing from just over $20 billion to nearly $160 billion as of March 2022, compared with a rise in the total cryptocurrency market from $433 billion to $2.5 trillion over the same p

Do Kwon's alleged $80 million withdrawals before Terra fallout triggers mixed reactions

Analyst Michaël van de Poppe said that the Terra founder deserves jail, comparing Kwon to fraudster Bernie Madoff, who was jailed after running a Ponzi scheme. 10915 Total views 66 Total shares Reports that Terra (the new LUNA orLUNA2) founder Do Kwon allegedly withdrew $80 million monthly before the project crashed surfaced Friday, leading members of the community to voice their opinions on the matter. In a tweet, crypto trader and analyst Mic

Price analysis 6/13: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX

Bitcoin and altcoins are seeing heavy selling as June 13’s massive unwinding could be the final capitulation-level event before the market finally hits a bottom. 11005 Total views 40 Total shares The United States equities markets extended their decline to start the week on June 13. The SP 500 hit a new year-to-date low and dipped into bear market territory, falling more than 20% from its all-time high made on Jan. 4.  The cryptocurrency ma

Chain.com tokens lose 96% of value in 24 hours due to flash crash before recovery

Prices quickly recovered after developers determined that a technical API issue, not a security breach, catalyzed the heavy sell-off. 2278 Total views 8 Total shares On Tuesday, tokens of cloud blockchain infrastructure provider Chain.com (XCN) suddenly lost over 90% of their value before recovering most of their losses later in the day. In a post-mortem analysis published by Chain.com, the firm said that a market maker and API error at 1:00 pm

Brandt’s bearish ETH call — But community predicts $3K before Merge

Peter Brandt noted that ETH could drop by 29% if the downside of a potential descending triangle chart pattern is completed. 10040 Total views 50 Total shares Veteran futures trader Peter Brandt has suggested that the price of Ether (ETH) could drop to as low as $1,268 in the coming month, but the consensus view of 15,500 members of the CoinMarketCap community is that the price will have hit roughly $3,131 by June 30. The Ethereum network is no

Price analysis 6/10: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB

BTC and altcoins are on the verge of falling below critical support levels, and June 10’s higher-than-expected CPI report isn’t helping. 21886 Total views 48 Total shares The United States equities markets tumbled on June 10 after the Consumer Price Index (CPI) report showed inflation soaring 8.6% from a year ago, the highest increase since 1981. The latest figures show that talks of inflation having peaked were premature and according to Bl

MimbleWimble adds new features for Litecoin, but some exchanges balk

Litecoin may have recently activated its long-awaited privacy-based upgrade, but not without creating some regulatory compliance issues. 4229 Total views 37 Total shares Litecoin is one of the earliest alternative coins (altcoins) that came to light after Bitcoin (BTC). Created in October 2011, it is now the 20th most valuable cryptocurrency, boasting a market capitalization of over $4 billion, according to CoinMarketCap data. The MimbleWimble u

Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful 'Merge' rehearsal

ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest. 6760 Total views 37 Total shares Ethereum's native token Ether (ETH) resumed its decline against Bitcoin (BTC) two days after a successful rehearsal of its proof-of-stake (PoS) algorithm on its longest-running testnet "Ropsten." The ETH/BTC fell by 2.5% to 0.0586 on June 10. The pair's downside move came as a part of a correction that had sta

MimbleWimble adds new features for Litecoin, but some exchanges balk

Litecoin may have recently activated its long-awaited privacy-based upgrade, but not without creating some regulatory compliance issues. 4043 Total views 37 Total shares Litecoin is one of the earliest alternative coins (altcoins) that came to light after Bitcoin (BTC). Created in October 2011, it is now the 20th most valuable cryptocurrency, boasting a market capitalization of over $4 billion, according to CoinMarketCap data. The MimbleWimble u

Reserve Rights (RSR) builds momentum ahead of its long-awaited mainnet launch

Steady growth in its active users, the stability of the RSV stablecoin and investors’ anticipation over the upcoming mainnet launch could boost RSR price in the short-term. 5056 Total views 38 Total shares Bitcoin was created to give the average person a peer-to-peer economic system and a store of wealth asset that could provide financial autonomy and access to banking, especially for people living in places where financial services are sparse

LUNA2 traders are increasingly short despite 67.5% rally, $4 million liquidated

Downside pressure for Terraform Labs' LUNA2 mounts amid investigations and rumors from a "Terra insider." 4774 Total views 27 Total shares Terra (LUNA2) reversed a portion of the losses this June 9 as its price per token rose by as much as 67.5% on the day, catching many traders off-guard with their perpetual swap positions. LUNA2 traders are shorting it In detail, LUNA2's price soared from $2 to as high as $3.58. The volatile intraday move co

Gillibrand and Lummis state that most altcoins are securities

“Most cryptocurrencies go to the SEC. [...] Bitcoin and Ether would be certainly commodities, and that’s agreed upon,” said U.S. Senator Kirsten Gillibrand. 4523 Total views 28 Total shares United States Senators Kirsten Gillibrand and Cynthia Lummis believe that most altcoins would likely be considered securities under their proposed new legislation, but they confirmed that Bitcoin (BTC) and Ether (ETH) will be classified as commodities.

The trouble with automated market makers

Maiar decentralized crypto exchange goes offline after bug discovery

The DEX has been taken offline due to the discovery of the bug, and the team has implemented an “emergency fix” and update. 4756 Total views 23 Total shares The Maiar Exchange, a decentralized exchange (DEX) native to the Elrond blockchain, has been temporarily taken offline after an attacker utilized an exploit and made off with roughly $113 million worth of Elrond eGold (EGLD). Minutes before 12:00 am UTC on Monday, the co-founder and CEO

DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50%

Liquid staking firms could default on their Ether obligations if The Merge does not happen. 11313 Total views 65 Total shares The next big crypto crash could be around the corner due to Lido Staked Ether (stETH), a liquid token from the Lido protocol that is supposed to be 100% pegged by Ethereum’s native token, Ether (ETH). Notably, the stETH peg could drop against ETH by 50% in the coming weeks, raising the risk of a “DeFi contagion” as

3 reasons why Ethereum price is pinned below $2,000

ETH price is meeting strong resistance at the $2,000 level and these trading metrics explain why. 14509 Total views 22 Total shares Ether’s (ETH) market structure continues to be bearish despite the failed attempt to break the descending channel resistance at $2,000 on May 31. This three-week-long price formation could mean that an eventual retest of the $1,700 support is underway. Ether/USD 4-hour price at Bitstamp. Source: TradingView

SEC can’t confirm if video of Bill Hinman is actually Bill Hinman in Ripple case

“After reasonable inquiry, the information known and currently available is not sufficient to enable the Commission to admit or deny this request,” the SEC stated in court documents. 17335 Total views 81 Total shares The United States Securities and Exchange Commission (SEC) is unable to confirm or deny if a video predominately featuring Bill Hinman actually features Bill Hinman. Bill Hinman, also known as William Hinman, is the former dire

Ethereum 2.0 vs. the top Ethereum killers|The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss Eth2 and how it compares to the competition. 8533 Total views 73 Total shares “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts give you the details about Ethereum 2.0, its main competitors, and how they differ from each other. To kick things off, we break down the latest news in the markets this we

Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower

This week major cryptocurrencies reversed course after rallying, stocks struggled to maintain gains and a strengthening dollar could continue to weigh on BTC price. 4101 Total views 13 Total shares Between May 23 and 27, the equities markets had an impressive run, with the tech-heavy NASDAQ (NASDAQ: QQQ) ETF up over 7% and the SP 500 (NYSE: SPY) up over 6.50%. However, this week' whipsaws in price action occurred throughout the week and while th

Ethereum 2.0 vs. the top Ethereum killers|The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss Eth2 and how it compares to the competition. 8034 Total views 73 Total shares “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts give you the details about Ethereum 2.0, its main competitors, and how they differ from each other. To kick things off, we break down the latest news in the markets this we

Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower

This week major cryptocurrencies reversed course after rallying, stocks struggled to maintain gains and a strengthening dollar could continue to weigh on BTC price. 4097 Total views 13 Total shares Between May 23 and 27, the equities markets had an impressive run, with the tech-heavy NASDAQ (NASDAQ: QQQ) ETF up over 7% and the SP 500 (NYSE: SPY) up over 6.50%. However, this week' whipsaws in price action occurred throughout the week and while th

Price analysis 6/8: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB

Bitcoin and altcoins are losing bullish momentum and persistent selling at overhead resistance suggests that the current consolidation is far from over. 492 Total views 40 Total shares Bitcoin (BTC) continues to trade in a range with the local tops and bottoms coinciding with increased whale activity in the region, according to on-chain analytics resource Whalemap. The range-bound action in Bitcoin has kept the analysts guessing and a few expect

Don't click links: Crypto community responds to alleged Telegram ‘exposé’

Telegram announced that the anonymous account's claims are “baseless” and are made to "get users to download malware." 715 Total views 29 Total shares This week the crypto community’s attention was captured by an anonymous person who claimed that they will expose the misdeeds of prominent crypto influencers and top projects within the crypto space.  The alleged whistleblower, going by the username “Adyingnobody” on Twitter, said that

Could the SEC case against Ripple falter over a conflict of interest?

Newly discovered documents suggested a possible conflict of interest from a former SEC official when he made a speech about Ether, which some claim could jeopardize the SEC’s case against Ripple. 16232 Total views 96 Total shares Newly discovered documents could pose a major roadblock for the United States Securities and Exchange Commission (SEC) in its case against Ripple if they prove a former commission official had a conflict of interest.

These are the least 'stable' stablecoins not named TerraUSD

Some stablecoins have failed to deliver the dollar's stability to crypto traders long before TerraUSD's collapse. 6485 Total views 72 Total shares The recent collapse of the once third-largest stablecoin, TerraUSD (UST), has raised questions about other fiat-pegged tokens and their ability to maintain their pegs. Stablecoins' stability in question Stablecoin firms claim that each of their issued tokens is backed by real-world and/or crypto ass

Ethereum 2.0 vs. the top Ethereum killers|The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss Eth2 and how it compares to the competition. 2421 Total views 24 Total shares “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts give you the details about Ethereum 2.0, its main competitors, and how they differ from each other. To kick things off, we break down the latest news in the markets this we

Top 5 cryptocurrencies to watch this week: BTC, ETH, XTZ, KCS, AAVE

Bitcoin is attempting to form a higher low at $28,630 and if that happens, ETH, XTZ, KCS and AAVE may rally in the near term. 10622 Total views 67 Total shares After declining for eight successive weeks, the Dow Jones Industrial Average rebounded sharply last week to finish higher by 6.2%. However, Bitcoin (BTC) has not been able to replicate the performance of the United States equities markets and is threatening to paint a red candle for the n

Price analysis 6/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

BTC and altcoins flashed green at the weekly open, but overhead resistance levels will continue to pose a challenge in the short-term. 6007 Total views 24 Total shares After nine successive weeks of red weekly candles, Bitcoin (BTC) printed a green weekly candle on June 5. Leading into this week, buyers kept up their momentum with a strong weekly open that boosted BTC price to $31,800. Going forward, traders might keep a close eye on the Consum

XRP price rebounds after worst month since June 2021 — major recovery ahead?

The bounce-back move has occurred near a technical support confluence, raising XRP's possibility to rise 30% in Q2/2022. 13893 Total views 53 Total shares Ripple (XRP) opened in May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend in the coming weeks. Support confluence raises XRP bullish prospects XRP's price rose

Cardano price fake-out? ADA's 45% rebound in two days could trap bulls

ADA price has seen sharp recoveries during bear markets in the past with many turning out to be bull traps. 7497 Total views 33 Total shares Cardano (ADA) price climbed from $0.48 on May 30 to as high as $0.68 on May 31—a 45% rally in less than 48 hours. But ADA/USD failed to extend its rally further upward and dropped by almost 13.75% from its weekly high. ADA price: Ear market vibes Cardano's price retreated sharply on June 1, giving up a

Chain (XCN) ignores the wider market downtrend by rallying 100%+ over the past month

BTC, ETH and altcoins spent most of May trading in the red. So, what’s behind XCN’s near-month-long 100%+ rally? 1890 Total views 40 Total shares May was an incredibly challenging month for the cryptocurrency market as the majority of tokens booked heavy losses as a bear market was confirmed, but not every project dropped back to pre-bull market lows. Chain (XCN), a protocol designed to help organizations launch their own blockchain network

DeFi protocols launch stablecoins to lure new users and liquidity, but does it work?

In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY? 3605 Total views 61 Total shares Stablecoin projects have been thrust into the limelight over the past month as the popularity of algorithmic stablecoins and the collapse of the Terra project put a spotlight on the important role dollar-pegged assets play in

3 key indicators traders use to determine when altcoin season begins

Clever traders frequently use these three indicators to pinpoint when an altcoin season could begin. 6129 Total views 41 Total shares It's widely accepted that the fate of the cryptocurrency market depends largely on the performance of Bitcoin (BTC), which makes times like these for crypto traders who prefer to invest in altcoins.  When BTC price is down, altcoins tend to follow, but as a bottoming process begins, altcoins tend to perk up durin

Top 5 cryptocurrencies to watch this week: BTC, ETH, XTZ, KCS, AAVE

Bitcoin is attempting to form a higher low at $28,630 and if that happens, ETH, XTZ, KCS and AAVE may rally in the near term. 10537 Total views 67 Total shares After declining for eight successive weeks, the Dow Jones Industrial Average rebounded sharply last week to finish higher by 6.2%. However, Bitcoin (BTC) has not been able to replicate the performance of the United States equities markets and is threatening to paint a red candle for the n

South Korea ramps up crypto investigations and regulations

South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities. 1783 Total views 28 Total shares On Friday, June 3, South Korea’s Financial Supervisory Service (FSS) began an investigation into payment gateway services that work with digital assets. The FSS is South Korea’s financial regulator that operates under the Financial Services Commission (FSC), both of which are government i

5 metrics to monitor before investing in crypto during a bear market

Everyone is a genius during a bull market, but how does one invest during lengthy downtrends? Here are five things to consider before buying into a crypto project. 3610 Total views 46 Total shares Cryptocurrency bear markets destroy portfolio value and they have a dangerous tendency to drag on for longer than anyone expects. Fortunately, one of the silver linings of market-wide pullbacks is that it gives investors time to re-focus and spend t

DeFi protocols launch stablecoins to lure new users and liquidity, but does it work?

In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY? 3427 Total views 61 Total shares Stablecoin projects have been thrust into the limelight over the past month as the popularity of algorithmic stablecoins and the collapse of the Terra project put a spotlight on the important role dollar-pegged assets play in

Axie Infinity V-shape recovery fizzles as AXS price drops 20% from three-week high

Strong correlation with Bitcoin and traditional markets continue to pull Axie Infinity price lower. 2505 Total views 51 Total shares Axie Infinity (AXS) price dropped sharply on June 1, suggesting that its supersonic gains in the last two days might have been a part of a bear market rally. The AXS/USD pair soared 54% week-to-date to over $28 on May 31, its highest level in three weeks. But Axie Infinity price failed to hold the gains, correctin

You can now clone NFTs as ‘Mimics’: Here’s what that means

Price analysis 5/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

Bitcoin and most major altcoins have not tracked the recovery seen in stocks, a possible indicator that further downside is possible. 23223 Total views 107 Total shares Equities markets in the United States rallied sharply on May 25 and 26 but Bitcoin (BTC) and altcoins have not followed a similar trajectory. This suggests that traders are not confident that the crypto markets have bottomed out yet.  On-chain analytics firm Glassnode said that

Price analysis 6/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

BTC and altcoins met resistance at a key moving average, leading traders to wonder whether the current pullback is a lower support test, or proof that bears are still in control. 8103 Total views 48 Total shares Bitcoin (BTC) has made a tentative start to the month of June, suggesting that bears have not gone into hibernation just yet. Although Bitcoin is trading nearly 55% off its all-time high of $69,000, whales and institutions remain cautiou

XRP price rebounds after worst month since June 2021 — major recovery ahead?

The bounce-back move has occurred near a technical support confluence, raising XRP's possibility to rise 30% in Q2/2022. 13870 Total views 53 Total shares Ripple (XRP) opened in May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend in the coming weeks. Support confluence raises XRP bullish prospects XRP's price rose

Cardano price fake-out? ADA's 45% rebound in two days could trap bulls

ADA price has seen sharp recoveries during bear markets in the past with many turning out to be bull traps. 1018 Total views 14 Total shares Cardano (ADA) price climbed from $0.48 on May 30 to as high as $0.68 on May 31—a 45% rally in less than 48 hours. But ADA/USD failed to extend its rally further upward and dropped by almost 13.75% from its weekly high. ADA price: Ear market vibes Cardano's price retreated sharply on June 1, giving up a

Buterin: How to create algo stablecoins that don’t turn into Ponzis or collapse

“What we need is not stablecoin boosterism or stablecoin doomerism, but rather a return to principles-based thinking,” Vitalik Buterin emphasized. 10678 Total views 54 Total shares Ethereum co-founder Vitalik Buterin has shared two thought experiments on how to evaluate whether an algorithmic (algo) stablecoin is sustainable. Buterin’s comments were sparked by the multi-billion dollar losses caused by the collapse of the Terra ecosystem a

Terra collapsed because it used hubris for collateral — Knifefight

The rise and fall of the Terra blockchain and family of related tokens is both one of the most convoluted and one of the most important stories happening in crypto right now. Assembled here is a plaintext explanation of what Terraform Labs built, why it got so big, why it imploded, what it means for the markets, and what you need to know to keep yourself safe from similar projects in the future. What exactly is Terra? That’s a great question, and we will answer it. But first, let’s fou

Chain (XCN) ignores the wider-market downtrend by rallying 100%+ over the past month

BTC, ETH and altcoins spent most of May trading in the red. So what’s behind XCN’s near-month-long 100%+ rally? 829 Total views 7 Total shares May was an incredibly challenging month for the cryptocurrency market as a majority of tokens booked heavy losses as a bear market was confirmed, but not every project dropped back to pre-bull market lows. Chain (XCN), a protocol designed to help organizations launch their own blockchain network or co

Binance Staking completes initial phase of Terra 2.0 airdrop as ecosystem issues persist

About 70% of tokens are held in escrow and will be vested starting later this year. 1584 Total views 35 Total shares On Tuesday, cryptocurrency exchange Binance said it completed the first stage of airdropping new Terra Luna (LUNA) tokens to holders of Terra Luna Classic (LUNC), TerraUSD (USTC) and AnchorUST (aUST).  The distribution was based on "pre-attack" and "post-attack" snapshots of token holders taken at LUNC block height 7,544,910 at 1

What are the most bullish cryptocurrencies to buy right now? | Find out now on The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the most bullish cryptocurrencies at the moment. 10049 Total views 23 Total shares The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss what they believe are the top three most bullish coins one should take a closer look at. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC)

Ropsten Ethereum testnet ready for Merge ‘first dress rehearsal’

The Merge on Ethereum is closer than ever as the Ropsten testnet is set to execute its own Merge to give developers a look at what to expect for the real thing. 2605 Total views 101 Total shares The Ropsten testnet on the Ethereum network is ready to set the stage for the “first dress rehearsal” of the Merge to adopt the proof-of-stake (PoS) consensus mechanism. Core Ethereum developer Tim Beiko announced on Tuesday that a new Beacon Chain f

Brazil’s Federal Revenue now requires citizens to pay taxes on like-kind crypto trades

The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency. 1951 Total views 19 Total shares Brazil's Federal Reserve (RFB) has declared that Brazilian investors in the crypto-asset market must pay income tax on transactions that involve the like-kind exchange of cryptocurrencies; for example, Bitcoin (BTC) for Ethereum (ETH). The RFB's declaration was

Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry

Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support. 28962 Total views 691 Total shares Ether's (ETH) performance over the past three months has been less than satisfying for holders and the 50% correction since April 3 caused the altcoin to test the $1,800 support for the first time since July 2021. Ether/USD 1-day chart at Kraken. Source: TradingView Due to the v

6 Questions for Sonali Giovino of Defiyield

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Sonali Giovino, head of communications at Defiyield, a cross-chain asset management protocol that empowers users to be a part of the DeFi ecosystem. Sonali Giovino has been working in the crypto space since 2017 when she began holding weekly educational workshops, which lead to public speaking

How Terra’s collapse will impact future stablecoin regulations

The collapse of algorithmic stablecoin UST created a ripple effect not just in the crypto market but among world regulators as well. 3499 Total views 17 Total shares The collapse of the Terra ecosystem, which subsequently depegged its algorithmic stablecoin TerraUSD (UST) value and crashed it to an all-time low of $0.30, has cast doubt over the future of not just algorithmic stablecoins but all stablecoins in general. UST’s success and stabili

Terra to burn 1B UST from the community pool as holders vote for it

The proposal highlighted that the burn may help restore the UST dollar peg by burning the excess supply. 11884 Total views 185 Total shares In another attempt to support the revival of Terra (LUNA), the community voted to burn a large amount of UST from its community pool.  Earlier in May, Terra founder Do Kwon explained that a potential solution to the Terra debacle is to absorb the stablecoin supply. In response to this, users proposed the bu

WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck

Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion at the WEF 2022. 14167 Total views 78 Total shares Brad Garlinghouse, the CEO of cross-border payments company Ripple (XRP), spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland. Garlinghouse, who also occupies a role as a member of the company’s board of directors, commented on a wide range of topics, most

Weak stocks and declining DeFi use continue to weigh on Ethereum price

Crumbling tech stock prices, declining DApp use and bearish derivatives data continue to pin ETH price below $2,000. 4396 Total views 54 Total shares Ether’s (ETH) 12-hour closing price has been respecting a tight $1,910 to $2,150 range for twelve days, but oddly enough, these 13% oscillations have been enough to liquidate an aggregate of $495 million in futures contracts since May 13, according to data from Coinglass. Ether/USD 12-hour pr

Spooky Solana breakdown begins with SOL price facing a potential 45% drop — Here's why

SOL price can preserve the bullish bias, however, as its two multi-month support levels converge for the first time. 12623 Total views 96 Total shares Solana (SOL) dropped on May 26, continuing its decline from the previous day amid a broader retreat across the crypto market. SOL price pennant breakdown underway SOL price fell by over 13% to around $41.60, its lowest level in almost two weeks. Notably, the SOL/USD pair also broke out of what app

Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund

Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors. 9634 Total views 31 Total shares Crypto prices have been exploring new lows for weeks and currently it's unclear what it will take to reverse the trend. Despite the downtrend, cryptocurrencies within the Polkadot (DOT) ecosystem began to rally on May 24 and have manag

XRP price bounces to $0.72 but still risks new lows in April — Here's why

XRP risks plunging to $0.50 in April as it breaks out of a classic bearish continuation structure. 6712 Total views 45 Total shares Ripple's XRP took a break from its prevailing downtrend as its price rebounded from $0.68 to $0.72 in the last three days. Ripple scores vs. SEC Traders returned to buying XRP after a U.S. court denied the U.S. Securities and Exchange Commission's (SEC) request to shield internal documents related to June 2018 speec

Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive

BTC price action remains at the mercy of equities performance at the Wall Street open. 3297 Total views 39 Total shares Bitcoin (BTC) fell on the May 24 Wall Street open as weakness in stocks saw sell-side pressure return. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Equities give crypto no respite Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it revisited its lowest levels of the past seven days.

StarkWare nets $100M as investors bank on layer-2 success

Ethereum layer-2 developer StarkWare raises a further $100 million despite a gloomy outlook for the cryptocurrency space. 1281 Total views 24 Total shares Ethereum (ETH) layer-2 developer StarkWare has raised a further $100 million in its latest fundraising round despite the prevailing downturn in cryptocurrency markets. StarkWare’s series D fundraising round sees the firm’s valuation up to $8 billion, marking a four-fold increase in value j

StarkWare nets $100M as investors bank on layer-2 success

Game on: Yield Guild Games scholarships on the rise through Q1

Yield Guild Games has had a very strong start to 2022 despite crypto markets falling steadily throughout the first three months of the year. 1360 Total views 63 Total shares Yield Guild Games (YGG) has released its Community Update for Q1 2022, revealing that total scholarships rose 39% overall as the guild continues to farm copious amounts of the Axie breeding Smooth Love Potion (SLP) token. The Community Report shows that the month-on-month gr

What is NFT staking and how to earn income from NFTs?

NFTs are tokenized assets that can be staked and maintained securely on NFT staking platforms. 3548 Total views 23 Total shares We all know about staking cryptocurrencies, whereby you make a return on your investment. Nowadays, you can also make money by staking your nonfungible tokens (NFTs)! By staking your nonfungible tokens (NFTs) on NFT staking platforms, you can make additional returns on your investment. NFTs have become even more attract

Price analysis 5/23: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

Bitcoin and the major altcoins have bounced off their immediate support levels, paving the way for a possible relief rally in the short term. 11498 Total views 65 Total shares The United States equity markets are attempting a recovery after weeks of relentless selling. Along similar lines, on-chain monitoring resource Material Indicators expects the crypto market to recover, but they anticipate Bitcoin (BTC) to spend some time in a range before

Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil

The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction. 2392 Total views 31 Total shares Even though crypto markets appear to be on a long, arduous path ahead based on recent weeks of token turmoil, venture investors looking to get their hands on a Web3 future aren't slowing down. On Wednesday, venture capital giant, a16z, announced closing its fourth cryptocurrenc

WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck

Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion at the WEF 2022. 13705 Total views 78 Total shares Brad Garlinghouse, the CEO of cross-border payments company Ripple (XRP), spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland. Garlinghouse, who also occupies a role as a member of the company’s board of directors, commented on a wide range of topics, most

What is NFT staking and how to earn income from NFTs?

NFTs are tokenized assets that can be staked and maintained securely on NFT staking platforms. 2628 Total views 23 Total shares We all know about staking cryptocurrencies, whereby you make a return on your investment. Nowadays, you can also make money by staking your nonfungible tokens (NFTs)! By staking your nonfungible tokens (NFTs) on NFT staking platforms, you can make additional returns on your investment. NFTs have become even more attract

Game on: Yield Guild Games scholarships on the rise through Q1

Yield Guild Games has had a very strong start to 2022 despite crypto markets falling steadily throughout the first three months of the year. 1242 Total views 63 Total shares Yield Guild Games (YGG) has released its Community Update for Q1 2022, revealing that total scholarships rose 39% overall as the guild continues to farm copious amounts of the Axie breeding Smooth Love Potion (SLP) token. The Community Report shows that the month-on-month gr

20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

Recession fears mount as a 20% decline in the SP 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows. 7273 Total views 27 Total shares Whoever coined the phrase “sell in May and go away” had brilliant insight, and the performance of crypto and stock markets over the past three weeks has shown that the expression still rings true. May 20 has seen a pan selloff across all asset classes, leaving tra

Layer-2 adoption could spur the next crypto turning point

A mysterious Redditor may turn out to be clairvoyant with predictions that layer-2 scaling solutions on Ethereum will take center stage in the coming months. 4260 Total views 48 Total shares A mysterious Redditor has made a data-driven prediction that the next major phase of development in the blockchain space will be in layer-2 solutions, primarily on Ethereum. The May 22 post explains that “We’re at a turning point” where the industry is

Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets

Traders say Ethereum needs a monthly close above $2,250 to regain bullish momentum, but a bearish technical analysis pattern on the weekly timeframe threatens to push ETH price to new lows first. 10033 Total views 28 Total shares Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue as long as stock markets are chasing new lows. Most investors would agree that crypto is now in a bear market

2 key Ethereum price metrics suggest traders will struggle to hold the $2K support level

ETH bulls are aiming to flip $2,000 back to support, but these two metrics point toward further downside. 6472 Total views 79 Total shares Ether (ETH) price has been trying to establish an ascending channel since the May 12 market-wide crash that sent its price to $1,790. Currently, the altcoin’s support stands at $2,000, but the high correlation to traditional markets is causing traders to be highly skeptical s cryptocurrency market recovery.

WEF 2022: Ripple CEO reveals he visited SEC several times before lawsuit struck

Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion at the WEF 2022. 11014 Total views 78 Total shares Brad Garlinghouse, the CEO of cross-border payments company Ripple (XRP), spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland. Garlinghouse, who also occupies a role as a member of the company’s board of directors, commented on a wide range of topics, most

The truth behind the misconceptions holding liquid staking back

Staking is complicated, but learning the truth behind these four myths will help to increase liquid staking mass adoption. 3784 Total views 42 Total shares Blockchains have relied on proof-of-work (PoW) validation since their inception. Yet the PoW consensus proved to be unsustainable with its high energy usage and its need for fast, powerful hardware creating high barriers to entry. That’s why blockchains are adopting proof-of-stake consensus

Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash

A revelatory discovery of legal documents could provide greater context for the catalyst of the infamous LUNA and UST price crash. 24088 Total views 72 Total shares The dramatic story of the Terra (LUNA) crash — referred to by some as the Lehman Brothers of crypto — has taken yet another remarkable turn as legal documents reveal the liquidation of two South Korean offices and the dissolution of the Terraform Labs Korea Corporation in the da

Cloudflare to run Ethereum node experiment to help ‘build a better internet’

“Cloudflare is going to participate in the research and development of the core infrastructure that helps keep Ethereum secure, fast, as well as energy-efficient for everyone,” the firm stated. 7263 Total views 79 Total shares Ahead of Ethereum’s highly anticipated switch to proof-of-stake (PoS), cybersecurity firm Cloudflare is set to launch and fully stake Ethereum validator nodes over the next few months. It aims to study energy effici

Could the SEC case against Ripple falter over a conflict of interest?

Newly discovered documents suggested a possible conflict of interest from a former SEC official when he made a speech about Ether, which some claim could jeopardize the SEC’s case against Ripple. 15729 Total views 96 Total shares Newly discovered documents could pose a major roadblock for the United States Securities and Exchange Commission (SEC) in its case against Ripple if they prove a former commission official had a conflict of interest.

Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions

Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors. 2958 Total views 22 Total shares On May 12, the total crypto market capitalization reached its lowest close in 10 months and the metric continues to test the $1.23 trillion support level. However, the following seven days were reasonably calm while Bitcoin (BTC) gained 3.4% and Ether (ETH) added a modest 1.5%. Presently, th

Price analysis 5/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

Ailing stock markets continue to impact crypto prices and technical analysis suggests BTC is at risk of falling below its recent $25,500 low. 14010 Total views 112 Total shares On May 17, United States Federal Reserve Chairman Jerome Powell told the Wall Street Journal that the 50-basis-point rate hikes would continue until inflation is under control. Powell’s emphasis on a hawkish policy suggests that monetary conditions are likely to remain

Why is Ethereum used for NFTs?

Nonfungible tokens (NFTs) are compatible with any Ethereum-based project. You could, for example, trade a piece of a portrait for a ticket! Most NFTs are part of the Ethereum blockchain at a high level. Ether (ETH), like Dogecoin (DOGE), is a cryptocurrency, but the Ethereum blockchain also enables these NFTs, which store additional information that allows them to function differently from digital currencies. Related: What are NFTs, and why are they revolutionizing the art world? NFTs

BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools

Quad-stablecoin liquidity pools, an integration with Oasis Network and 12 new vaults could be the factors behind BIFI’s current triple digit gain. 3953 Total views 18 Total shares Winston Churchill’s statement to “never let a crisis go to waste” can be applied across many aspects of society, including the recent carnage seen in the crypto market. Last week's volatility is likely to have newer investors and those who took on heavy losses

Ethereum devs tip The Merge will occur in August ‘if everything goes to plan’

Core Ethereum developer Preston Van Loon says that the network’s long-awaited transition to proof-of-stake will most likely happen this August. 8413 Total views 88 Total shares Ethereum’s long-awaited migration to a proof-of-stake (PoS) consensus mechanism, which has been pushed back time and time again, looks set to occur sometime in August — hopefully.  Preston Van Loon, a core developer of the Ethereum network, told attendees at the P

What are the most bullish cryptocurrencies to buy right now? | Find out now on The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the most bullish cryptocurrencies at the moment. 9900 Total views 23 Total shares The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss what they believe are the top three most bullish coins one should take a closer look at. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) a

Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap

Despite the imminent possibility of serving jail time, proactively owning up to the allegations resulted in Hayes being sentenced to six months of house arrest and two years of probation. 2166 Total views 18 Total shares Bringing closure to the long-awaited judgment related to the money laundering activities over the BitMEX crypto exchange, one of the four federal district courthouses in New York reportedly sentenced two-year probation and six m

Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto report

“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated. 6553 Total views 61 Total shares Crypto venture fund giant Andreessen Horowitz (a16z) has highlighted that development and demand on Ethereum are “unmatched” despite the network’s high transaction fees. The firm does warn, however, that its “popularity is

Bitcoin price drops under $29K as Walmart, Target stock lose most since 1987

Shock earnings reports contributed to fresh market weakness, depriving Bitcoin and altcoins of any new gains. 11774 Total views 118 Total shares Bitcoin (BTC) headed toward an "interesting" liquidity area on May 18 as United States stock markets opened with a bearish bang. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price nears "interesting" rematch with lows Data from Cointelegraph Markets Pro and TradingView followed

DeFi transforming lending routes on the blockchain

Decentralized routes of lending and borrowing through smart contracts are allowing DeFi finally to overthrow the traditional finance sector. 4801 Total views 38 Total shares The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the ease of accessing capital. As the crypto ecosystem has grown to a $2-tril

The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures

Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

BTC and most altcoins are facing strong selling at the top of each rally, but the short-term downside could be limited since Bitcoin bulls keep buying each dip. 12942 Total views 36 Total shares The selling in Bitcoin (BTC) is showing no sign of abating and Bitcoin has fallen for seven straight weeks for the first time ever. This indicates that the momentum remains strongly in favor of the bears.  While the short-term sentiment remains bearish,

How long will the crypto bear market last? Raoul Pal's macro analysis

In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next Bitcoin rally. 17690 Total views 54 Total shares Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting interest rate hikes. That could happen in the next couple of months, according t

6 Questions for Dominik Schiener of the Iota Foundation

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Dominik Schiener, a co-founder of the Iota Foundation, a nonprofit organization, and the creator of the Tangle, a permissionless, multi-dimensional distributed ledger designed as a foundation of a global protocol for all things connected.  Dominik Schiener is a co-founder and the chairman of

Analysts say Ether price must hold this key level to avoid a capitulation-like move

Traders identify key support and resistance levels that Ethereum must hold as ETH price trades at levels not seen since July 2021. 11412 Total views 34 Total shares The crypto market experienced another day of pain on May 12 as the fallout from Terra (LUNA) and TerraUSD (UST) failure continue to ripple across the ecosystem. While the coverage for UST and its impact on Bitcoin (BTC) have been extensively covered over the past few days, the pullba

Aurora launches $90M fund to finance DeFi apps on Near Protocol

Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers. 3426 Total views 43 Total shares Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApps) built on the Near protocol, has launched a token fund worth $90 million.  The fund was launched today in partnership with Proximity Labs and will be focused on finan

Look out below! Ethereum derivatives data hints at further downside from ETH

ETH options pricing and the top traders’ long-to-short ratio signal a lack of confidence in the $1,700 support. 5713 Total views 76 Total shares Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in November 2021. Additional newsflow that added to the current marketwide volatility were the bankruptcy fears that emerged after Coinbase, the largest United States exchange, re

How long will the crypto bear market last? Raoul Pal's macro analysis

In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next Bitcoin rally. 17384 Total views 54 Total shares Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting interest rate hikes. That could happen in the next couple of months, according t

SEC scores a minor victory in legal dispute with Ripple Labs

“The filing of the Individual Defendants’ Answer is the triggering event. When the Answer is filed, even if before April 8th, the date the Answer is filed starts the two week clock running for the filing of the SEC position on discovery” said lawyer James Filan. 18342 Total views 54 Total shares The United States Securities and Exchange Commission (SEC) has been granted an extension to submit a discovery schedule relating to individual def

Bitcoin could target $32K, says trader as LUNA crashes below one penny

Bitcoin price action appears to be back with a bang as record-breaking long leverage builds on Bitfinex. 7802 Total views 37 Total shares Bitcoin (BTC) bulls demanded a rematch of $30,000 later on May 12 as the market recovered from its lowest levels since late 2020. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView DXY looms large as BTC recovers Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading above $

DeFi transforming lending routes on the blockchain

Decentralized routes of lending and borrowing through smart contracts are allowing DeFi finally to overthrow the traditional finance sector. 4401 Total views 38 Total shares The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the ease of accessing capital. As the crypto ecosystem has grown to a $2-tril

The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures

Chief financial officer André Milanez said that the product will launch within the next si months. 1611 Total views 39 Total shares B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch its first official product aimed at the cryptocurrency market — Bitcoin (BTC) futures trading. The group's chief financial officer, André Milanez, made the announcement during a conference call on Monday. Milanez did not prov

UK Treasury en route to legalizing stablecoins amid Terra's UST crash

During the Queen's Speech, Prince Charles announced the introduction of a bill that would help tackle illicit finance, reduce economic crime and help businesses grow. 8057 Total views 51 Total shares United Kingdom’s Department of Treasury, or Her Majesty's Treasury, has reportedly decided to go ahead with regulating stablecoins as legal tender. While welcomed by the crypto community, the decision comes as a shocker due to its proximity to th

Terra contagion leads to 80%+ decline in DeFi protocols associated with UST

Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker gets a boost as traders look for other decentralized stablecoin options. 13923 Total views 35 Total shares The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin spread wide across the cryptocurrency market on May 11 as projects with any kind of association with the decentralized finance (DeFi) ecosystem have seen t

Ripple CEO: SEC case is going ‘much better than I hoped’

Ripple CEO Brad Garlinghouse told attendees of the Paris Blockchain Week that the ongoing case with the SEC is going exceedingly well. 18906 Total views 120 Total shares Ripple CEO Brad Garlinghouse is increasingly optimistic that the long-running case with the United States Securities and Exchange Commission will deliver a positive result for the blockchain-based global payments company.  Speaking on the main stage at Paris Blockchain Week on

Could the SEC case against Ripple falter over a conflict of interest?

Newly discovered documents suggested a possible conflict of interest from a former SEC official when he made a speech about Ether, which some claim could jeopardize the SEC’s case against Ripple. 15087 Total views 96 Total shares Newly discovered documents could pose a major roadblock for the United States Securities and Exchange Commission (SEC) in its case against Ripple if they prove a former commission official had a conflict of interest.

Binance Futures delists coin-margined LUNA perpetual contracts

Binance suspended withdrawals for LUNA and UST amid the UST stablecoin losing its peg to the U.S. dollar on Tuesday. 11626 Total views 97 Total shares Amid the collapsing Terra network’s cryptocurrencies Luna (LUNA) and TerraUSD (UST), crypto exchange Binance  continues deactivating related trading services. Binance’s derivatives arm Binance Futures has delisted coin-margined LUNA perpetual contracts, the firm officially announced on Thursd

Bitcoin 2022 — Will the real maximalists please stand up?

As I go about the Miami conference, I wonder, Aside from some of the conference speakers, where are these Bitcoin maximalists I keep hearing so much about? When I tell the customs official I’m going to Miami for the Bitcoin 2022 conference, there seems to be a light in the man’s eyes. He peppers me with questions, even though I’d gotten up at 5 am that day to fly, and my smartwatch is telling me that my energy levels are only at 70%. The customs official has way more interest in the su

ApeCoin is down 70%+ since the Otherside launch — Can Yuga Labs turn the ship around?

XRP price rebounds after worst month since June 2021 — major recovery ahead?

The bounce-back move has occurred near a technical support confluence, raising XRP's possibility to rise 30% in Q2/2022. 13526 Total views 53 Total shares Ripple (XRP) opened in May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend in the coming weeks. Support confluence raises XRP bullish prospects XRP's price rose

Terra ecosystem collapses, Sam Bankman-Fried buys Robinhood stock and crypto trader receives jail sentence for Ponzi scheme: Hodler’s Digest, May 8-14

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Breaking: Terra blockchain officially halted following LUNA price collapse This week, news about the Terra ecosystem dominated the headlines after algorithmic stablecoin TerraUSD (UST)

Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT

BTC and many altcoins are fast approaching the “capitulation phase,” which is typically followed by the market finding a bottom. 18871 Total views 72 Total shares Global equity markets extended their decline on May 9 and the SP 500 fell to a new 52-week low. Bitcoin (BTC) dropped to a new year-to-date low and most major altcoins extended their decline as they tracked the weakness in the stock markets. Data from blockchain analytics firm Glas

Law Decoded: Paris is always a good idea, even for talking crypto policy — April 11–18

Ripple rejoices, the SEC gets challenged to a narrative battle and Brazil moves ahead with crypto legislation. 1304 Total views 8 Total shares Last week was the Paris Blockchain Week, and the epicenter of crypto policy and regulatory conversation moved to the French capital accordingly. Cointelegraph reported extensively from the ground and ran a series of interviews with some of the crypto industry’s captains who shared their thoughts on the

Dogecoin eyes 'oversold' bounce as DOGE price gives up 90% of yearly gains

Elon Musk could play a key role in reviving the Dogecoin market from the ongoing, TerraUSD-led bearish slumber. 9325 Total views 35 Total shares Dogecoin (DOGE) shows the prospect of undergoing a strong price rebound after reaching a technical support confluence on May 12. DOGE price 25% bounce incoming? DOGE's 45% price drop to $0.065 this week, or a 90% decline from its record high of $0.76 a year ago, was met with decent buying sentiment. As

Buterin donates $4M to Uni of NSW for pandemic detection tool

Grayscale’s GBTC and ETHE products now available on Robinhood

The discount brokerage has seen a steep decline in crypto-related revenue over the past 12 months as retail traders exited the market. 2346 Total views 50 Total shares Digital asset manager Grayscale has made its flagship Bitcoin (BTC) and Ether (ETH) products available on Robinhood, the popular trading app open to millions of retail users.  Beginning on Friday, Robinhood users will be able to trade Grayscale’s Bitcoin Trust (GBTC) and Ethere

Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’

The Terra Money Twitter account shared the finer points of Do Kwon’s initial rescue plan: expanding the base pool, burning UST and staking LUNA. 34493 Total views 158 Total shares The Terra rescue story continues to unravel. In a tweet thread, the Terra Money Twitter account went into greater detail regarding the CEO of Terraform Labs, Do Kwon’s, rescue plan for UST. The thread sheds light on Proposal 1164, Do Kwon’s initial strategy for

Indie Russian news firm raises $250K in crypto after sanctions cripple finances

Russian independent media Meduza has managed to raise $250,000 in funding in order to continue providing unbiased news on the war in Ukraine. 1719 Total views 29 Total shares A Russian independent news company has raised more than $250,000 in cryptocurrency donations from supporters in order to continue reporting independent news under a barrage of Russian government propaganda and censorship.  Meduza, a Latvian-based Russian-language news site

Look out below! Ethereum derivatives data hints at further downside from ETH

ETH options pricing and the top traders' long-to-short ratio signal a lack of confidence in the $1,700 support. 2307 Total views 8 Total shares Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in November 2021. Additional newsflow that added to the current market wide volatility were the bankruptcy fears that emerged after Coinbase, the largest U.S. exchange reported a $43

How long will the crypto bear market last? Raoul Pal's macro analysis

In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next Bitcoin rally.. 102 Total views 1 Total shares Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting interest rate hikes. That could happen in the next couple of mon

Doge gets more love on Twitter and Ethereum gets more hate: Data analysis

Sentiment analysis run across a year’s worth of tweets has found that Ethereum is Twitter’s least favorite cryptocurrency of five studied, while Dogecoin received the most affection. 3692 Total views 13 Total shares Ethereum has taken out the top spot on Twitter as the most hated of five cryptocurrencies studied, while the meme-token Dogecoin is the most liked. The findings emerged from a new report by TRG Datacenters that analyzed a year's

Ethereum whales get busy as transactions hit highest point since January

Ethereum whales have been transacting a huge volume of Ethereum, marking the highest one day whale activity since January. 5202 Total views 24 Total shares Despite widespread losses being posted throughout the crypto market, Ethereum whales have been busy buying and selling Ether (ETH) at a rate not seen since January this year. According to data from Santiment, Ethereum whales made a total of 2,956 transactions, each valued at over $1M on Wedn

Grayscale’s GBTC and ETHE products now available on Robinhood

The discount brokerage has seen a steep decline in crypto-related revenue over the past 12 months as retail traders exited the market. 2303 Total views 50 Total shares Digital asset manager Grayscale has made its flagship Bitcoin (BTC) and Ether (ETH) products available on Robinhood, the popular trading app open to millions of retail users.  Beginning on Friday, Robinhood users will be able to trade Grayscale’s Bitcoin Trust (GBTC) and Ethere

Terra founder Do Kwon shares plan to save the UST stablecoin peg

Do Kwon, the humbled co-founder of Terraform Labs, has shared a rescue plan for the de-pegged stablecoin UST. 15685 Total views 5 Total shares Do Kwon, CEO of Terraform Labs, will not admit defeat. After an 18-hour wait in which his coins Terra (LUNA) and TerraUSD (UST) endured a face-ripping freefall, Do Kwon has announced his “rescue plan” for the Terra community.  Terra is down 90% from its all-time highs, while the “stablecoin” UST

What are the most bullish cryptocurrencies to buy right now? | Find out now on The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the most bullish cryptocurrencies at the moment. 8605 Total views 23 Total shares The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss what they believe are the top three most bullish coins one should take a closer look at. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) a

SHIB price eyes 30% drop with Shiba Inu's massive triangle breakdown underway

Shiba Inu developer promises a bright future with an upcoming NFT gaming project, but SHIB price continues to fall. 17459 Total views 73 Total shares Shiba Inu (SHIB) price dropped by over 10% to $0.00001641 on May 9 amid a broader crypto market decline. This year, SHIB's returns were 50% below zero, one of the worst performances by a top-ranking cryptocurrency in 2022. Last week, luxury fashion brand Gucci named Shiba Inu in the list of token

Weiss Ratings issues warning over crypto mortgage risks

Weiss analysts are wary of the usage of volatile crypto assets as collateral for long-term property loans. 2374 Total views 27 Total shares Florida-based ratings and research firm Weiss Ratings has fired out a warning over the risks of crypto mortgages amid the current economic climate in the United States. The company paid particular focus to Milo, a digital banking startup from Miami that offers 30-year mortgages backed by Bitcoin (BTC), Ethe

Price analysis 5/2: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT

BTC and altcoins are holding at their current support levels, but this week’s comments from the Federal Reserve could be a determining factor in short-term price action. 10272 Total views 138 Total shares The U.S. equity markets opened on a tentative note on May 2 but a minor positive is that the crypto markets led by Bitcoin (BTC) are holding above their immediate support levels. The price action over the next few days will be dictated by the

Weiss Ratings issues warning over crypto mortgage risks

Weiss analysts are wary of the usage of volatile crypto assets as collateral for long-term property loans. 2338 Total views 27 Total shares Florida-based ratings and research firm Weiss Ratings has fired out a warning over the risks of crypto mortgages amid the current economic climate in the United States. The company paid particular focus to Milo, a digital banking startup from Miami that offers 30-year mortgages backed by Bitcoin (BTC), Ethe

Record-high surge in Ethereum Name Service domains triggers 90% rally in ENS

ENS price gained 90%+ after the protocol surpassed 1 million registered domain names in April. 5547 Total views 109 Total shares A handful of industries and tech workers are shifting from Web2 to Web3 and with this move, awareness of blockchain technology is also spreading. The Ethereum Name Service (ENS) is one project that is looking to help facilitate Web3 adoption by making it easier for DApp users to interact with the Ethereum network. This

Price analysis 5/4: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT

Bitcoin and most altcoins could remain volatile in the short-term due to the Fed’s decision, warranting caution from traders. 11672 Total views 34 Total shares Investors across the world are waiting for the outcome of the Federal Open Market Committee meeting on May 4. Although markets expect a 50 basis point rate hike and an announcement by the Fed to start shrinking its balance sheet from June, it is difficult to predict how the markets will

Price analysis 5/4: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT

Descending channel pattern and weak futures data continue to constrain Ethereum price

ETH derivatives metrics and technical analysis point toward further downside for Ethereum price. 3735 Total views 38 Total shares Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test the pattern's $2,870 resistance. Ether/USD price at FTX. Source: TradingView Federal Reserve monetary policy conti

Markets are weak, but ALGO, FXS and HNT book a 20%+ rally — Here’s why

Algorand, Frax Share and Helium staged brief double-digit rallies in an otherwise stagnant market, thanks to a major partnership and new project developments. 3521 Total views 6 Total shares Large-cap cryptocurrency continue to slump as investors await comments from the Federal Open Markets Committee regarding the exact size of the next interest rate hike. There are, however, a few bright spots in the market and select altcoins managed to post d

Buterin: L2 transaction fees need to be under $0.05 to be ‘truly acceptable’

Despite layer-2s offering relatively cheap transactions, Vitalik Buterin said that all transactions need to be under $0.05 to be truly acceptable. 5958 Total views 78 Total shares Ethereum co-founder Vitalik Buterin believes that layer-2 transaction fees need to be under $0.05 to be “truly acceptable.” Buterin made the latest comments in response to a Twitter post from the “Bankless” podcast host Ryan Sean Adams, who shared a screenshot

NFT LA: Attract the mainstream, focus on Web3 and use cases

Panelists who spoke at NFT LA shared their thoughts on Web3, innovative use cases and the future of nonfungible tokens. 2804 Total views 42 Total shares Nonfungible tokens (NFTs) have generated mainstream interest over the last year. A yearly market report from NonFungible found that the total value of all NFT transactions worldwide surpassed more than $17 billion in 2021, up from $82.5 million in 2020. The report also pointed out that “NFT”

Liquidity has driven DeFi’s growth to date, so what’s the future outlook?

On-chain liquidity was the catalyst of DeFi Summer 2020, but what will lead the DeFi markets to hit a trillion dollars within another year or two? 5617 Total views 64 Total shares In mid-February 2020, the total value locked within decentralized finance (DeFi) applications first exceeded $1 billion. Fueled by the DeFi summer of 2020, it wouldn’t even take a year before it multiplied 20-fold to reach $20 billion and only another ten months to r

SEC doubles down on crypto regulation by expanding unit

The Crypto Assets and Cyber Unit of the SEC’s Enforcement Division, which is tasked with policing cryptocurrency firms, will add 20 people to its staff. 3621 Total views 47 Total shares The United States Securities and Exchange Commission (SEC) announced Tuesday that it would nearly double the number of personnel responsible for safeguarding investors in cryptocurrency markets.  As per the announcement, the SEC’s Cyber Unit, which includes

The NFT sector is projected to move around $800 billion over next 2 years: Report

More than 50% of respondents highlighted that they have a HODL mentality and see a future where non-fungible tokens could be important items in games. 3777 Total views 46 Total shares Although nonfungible tokens (NFTs) have been a part of the cryptocurrency market since 2014, interest and adoption has risen rapidly over the last two years. At their height in August 2021, the total trading volume of NFTs rose to over $5 billion, kickstarting wha

DeSci: Can crypto improve scientific research?

An insider account of the DeSci origins story — a new movement of citizen scientists, open-access scientific research and crowd-sourced peer-review funded by crypto that’s gathering pace in 2022. # At ETHDenver in February, decentralized science became a thing. It was like the good old days of crypto: Like-minded spirits met and then crashed at each other’s rented places. Ideologies and open research were respectfully debated. DeSci panels were well attended with renewed energy

Ethereum risks 35% drop by June with ETH price confirming ‘ascending triangle’ fakeout

Nearly $170 million left Ethereum-based investment funds in 2022, signaling a drop in institutional demand. 12900 Total views 66 Total shares Ethereum's native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its "ascending triangle" pattern. ETH price breakdown ahead? Ether's price swung between profits and losses on May 2 while trading around $2,825, showing indecisiveness among trade

Ethereum eyes mini breakout above $3K as Coinbase ETH outflows hit new record

Macro headwinds continue to hamper Ethereum’s long-term upside prospects. 3213 Total views 42 Total shares Ethereum’s native token Ether (ETH) is poised for a mini bull run above $3,000 primarily due to a classic bullish reversal pattern on its shorter-timeframe chart, and a huge spike in ETH outflows from Coinbase. ETH price forming falling wedge ETH’s price has been forming a falling wedge pattern since late March 2022, which raises its

ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs

While the Otherdeed NFTs could be minted only in APE, it also required ETH for gas fees. 12831 Total views 102 Total shares While the community was witness to the largest nonfungible token (NFT) mint yet, Ethereum gas prices rose to unprecedented levels, in addition to users experiencing failed transactions due to blockchain bottlenecks. Bored Ape Yacht Club creator Yuga Labs launched a sale of Otherdeed nonfungible tokens that represent digita

Coinbase NFT launches beta, AMC Theatres rolls out SHIB and DOGE payments and Blockchain.com eyes IPO: Hodler’s Digest, April 17-23

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week AMC Theatres mobile app accepts Dogecoin, Shiba Inu and more Retail traders’ favorite cinema chain, AMC Theatres, updated its mobile app to support Dogecoin and Shiba Inu payments. Un

What are the most bullish cryptocurrencies to buy right now? | Find out now on The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the most bullish cryptocurrencies at the moment. 5223 Total views 32 Total shares The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss what they believe are the top three most bullish coins one should take a closer look at. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) a

The NFT sector is projected to move around $800 billion over next 2 years: Report

More than 50% of respondents highlighted that they have a HODL mentality and see a future where non-fungible tokens could be important items in games. 3530 Total views 46 Total shares Although nonfungible tokens (NFTs) have been a part of the cryptocurrency market since 2014, interest and adoption has risen rapidly over the last two years. At their height in August 2021, the total trading volume of NFTs rose to over $5 billion, kickstarting wha

Law Decoded: Paris is always a good idea, even for talking crypto policy — April 11–18

Ripple rejoices, the SEC gets challenged to a narrative battle and Brazil moves ahead with crypto legislation. 1254 Total views 8 Total shares Last week was the Paris Blockchain Week, and the epicenter of crypto policy and regulatory conversation moved to the French capital accordingly. Cointelegraph reported extensively from the ground and ran a series of interviews with some of the crypto industry’s captains who shared their thoughts on the

Price analysis 4/29: BTC, ETH, BNB, SOL, LUNA, XRP, ADA, DOGE, AVAX, DOT

Bitcoin’s inability to hold above $40,000 has traders now targeting extreme lows in the $25,000 zone, a move that would be absolutely deadly for most altcoins. 16205 Total views 52 Total shares The U.S. dollar index (DXY) turned down from its 20-year high on April 29 but that has not changed the bearish price action seen in Bitcoin (BTC) and the U.S. equity markets. Equities remain under pressure and this week, Amazon stock saw its biggest i

Ethereum scaling solution Optimism upgrades governance structure

Optimism Foundation will launch a governance token called OP to govern protocol and network parameters, and incentivize adoption. 3160 Total views 69 Total shares The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum (ETH), the world’s largest smart contract platform.  The “Optimism Collective” was introduced Tuesday afternoon in a leng

Entering NFTs: Understanding the environmental impact of digital collectibles

By adopting environmentally friendly, utility-driven NFTs, artists can unlock a new realm of possibilities for building connections and sharing value. 2721 Total views 65 Total shares NFTs have taken pop culture by storm over the past year. On a nearly daily basis, a new celebrity announces their interest in the emerging technology — usually by dropping an NFT collection. From Quentin Tarantino’s Pulp Fiction NFTs to Snoop Dogg’s NFT music

Price analysis 4/29: BTC, ETH, BNB, SOL, LUNA, XRP, ADA, DOGE, AVAX, DOT

Bitcoin’s inability to hold above $40,000 has traders now targeting extreme lows in the $25,000 zone, a move that would be absolutely deadly for most altcoins. 15933 Total views 52 Total shares The U.S. dollar index (DXY) turned down from its 20-year high on April 29 but that has not changed the bearish price action seen in Bitcoin (BTC) and the U.S. equity markets. Equities remain under pressure and this week, Amazon stock saw its biggest i

Crypto Valley and the Crypto Oasis: Ralf Glabischnig

Having supported Zug’s Crypto Valley in the early days and founded Crypto Oasis in Dubai to serve as blockchain innovations hubs with regulatory certainty, Ralf Glabischnig is practically a node of the blockchain industry. When Bitcoin companies began pouring into his small town in Switzerland in 2013, Ralf Glabischnig was an IT consultant turned entrepreneur running a coworking space. It helped turn the town into ground zero for some of the earliest crypto companies, the Ethereum Founda

Here’s why the growth of token staking could be bullish for Lido (LDO)

A renewed focus on decentralization, the steady growth of DeFi’s liquid staking sector and investment from institutions could benefit LDO token in the long-term. 3266 Total views 39 Total shares Liquid staking has grown in popularity over the past year, thanks, in part, to the launch of the Ethereum Beacon Chain and the inability of Ether (ETH) stakers to withdraw their tokens until the full launch of the consensus layer .  As a result, Li

Price analysis 4/29: BTC, ETH, BNB, SOL, LUNA, XRP, ADA, DOGE, AVAX, DOT

Bitcoin’s inability to hold above $40,000 has traders now targeting extreme lows in the $25,000 zone, a move that would be absolutely deadly for most altcoins. 12240 Total views 52 Total shares The U.S. dollar index (DXY) turned down from its 20-year high on April 29 but that has not changed the bearish price action seen in Bitcoin (BTC) and the U.S. equity markets. Equities remain under pressure and this week, Amazon stock saw its biggest i

OpenSea top-10 NFT projects soar as new liquidity enters the market

The success of MoonBirds and traders’ anticipation of Yuga Labs’ The Otherside land sale is bringing a wave of fresh liquidity to the NFT market. 9782 Total views 66 Total shares Spring is here and with it came a newfound awakening for nonfungible tokens (NFTs). In the last week of March, total sales volume rallied to $20 billion, but this metric took a dive from mid April to $17.6 billion.  However, on April 16, the newly landed Moonbirds

Web3 solutions aim to make America’s real estate market more accessible

Web3 solutions may be the answer to America’s housing market, but will the mainstream want to use blockchain-based platforms? 5670 Total views 60 Total shares America’s housing market may soon be facing its next bubble as home prices across the country continue to be fueled by demand, speculation and lavish spending that could result in a collapse. Moreover, many homeowners are opting to stay put due to climbing mortgage rates, creating a ho

ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What's ahead?

APE price now risks crashing by almost 20% from April 26's price, based on its rising wedge pattern. 6844 Total views 47 Total shares ApeCoin (APE) underwent a modest selloff a day after the Bored Ape Yacht Club (BAYC), a popular nonfungible token (NFT) brand, reported losing $2.4 million worth of digital collectibles in a robbery. APE price rally to $25 stalls The hacker compromised BAYC's official Instagram account, using it to post a phish

Telegram Wallet Bot enables users to send crypto in-app via revived blockchain project

More than 550 million active users surf messages on Telegram each month. 3117 Total views 43 Total shares As told via a Twitter post on Tuesday, instant-messaging app Telegram has rolled out crypto payments via Toncoin (TON). To access the feature, users first need to opt in via Telegram’s official Wallet Bot, which allows them to purchase cryptocurrency by bank card, exchange and transfer to other wallets. According to the company, they can t

Two more charged with teaching North Koreans to evade US sanctions with crypto

Two EU citizens have been indicted for violating U.S. sanctions on North Korea when they jointly planned a crypto conference there. 1890 Total views 25 Total shares A United States district court has charged two European citizens in connection to a blockchain and cryptocurrency conference in North Korea which violated U.S. sanctions back in 2019.  According to the U.S. Department of Justice, the court documents allege that Alejandro Cao De Beno

Telegram Wallet Bot enables users to send crypto in-app via revived blockchain project

More than 550 million active users surf messages on Telegram each month. 1624 Total views 15 Total shares As told via a Twitter post on Tuesday, instant-messaging app Telegram has rolled out crypto payments via Toncoin (TON). To access the feature, users first need to opt in via Telegram’s official Wallet Bot, which allows them to purchase cryptocurrency by bank card, exchange and transfer to other wallets. According to the company, they can t

‘Legacy’ NFT prices are soaring, but exactly what makes a collection a blue-chip?

Investors are quick to label high worth NFT collections as “blue-chips,” but what are the criteria for determining which project is worthy of the status? 5099 Total views 10 Total shares "Blue-chip nonfungible tokens (NFTs)" is a popular buzzphrase one will find strewn across Twitter and various crypto media. The term, “blue chip,” is borrowed from traditional finance where stocks considered to be the well-established extension of corpor

STEPN to new highs? GMT price painting first ‘bull flag’ toward $5 target

GMT is booming amid warnings that its 38,000% price rally since inception could end up being an “absolute joke.” 7578 Total views 74 Total shares STEPN (GMT) has rallied strongly against the United States dollar this week as it looks likely to form a classical bullish technical pattern called “the bull flag.” GMT eyes more upside GMT’s price rose 30% week-to-date, including a strong rally to establish an all-time high near $3.85 follow

OpenSea top-10 NFT projects soar as new liquidity enters the market

The success of MoonBirds and traders’ anticipation of Yuga Labs’ The Otherside land sale is bringing a wave of fresh liquidity to the NFT market. 9205 Total views 66 Total shares Spring is here and with it came a newfound awakening for nonfungible tokens (NFTs). In the last week of March, total sales volume rallied to $20 billion, but this metric took a dive from mid April to $17.6 billion.  However, on April 16, the newly landed Moonbirds

Helping Ukraine without donating: Laura’s DeFi staking plan

Laura K. Inamedinova is a marketing agency CEO from Lithuania who started early with ICOs, a journey that has led her to launch UkrainianPool , an initial staking pool offering raising money for the Ukrainian government. Inamedinova got into ICOs right out of university in 2016 and is shy to mention the name of the first crypto fundraising project she worked for. “There were definitely not only bad projects, but you didn’t know at that time,” she explains, referring to the early days o

Top 5 cryptocurrencies to watch this week: BTC, DOT, XMR, APE, CAKE

Bitcoin bulls are attempting to reclaim the $40,000 level and if this happens, DOT, XMR, APE and CAKE could be the first altcoins to break out. 11066 Total views 62 Total shares Bitcoin (BTC) and several altcoins are trading in a tight range during the weekend, suggesting that investors are undecided about the next directional move. Traders may be waiting for Wall Street to open before placing large directional bets because Bitcoin has been tigh

STEPN impersonators stealing users' seed phrases, warn security experts

When these cybercriminals obtain the seed phrase, they gain complete control over the STEPN user's dashboard. 4161 Total views 46 Total shares Peckshield, a prominent blockchain security firm, exposed the existence of numerous phishing websites for the Web3 lifestyle app STEPN on Monday. Hackers insert a forged MetaMask browser plugin through which they can steal seed phrases from unsuspecting STEPN users, according to Peckshield. When these cyb

NFT LA: Attract the mainstream, focus on Web3 and use cases

Panelists who spoke at NFT LA shared their thoughts on Web3, innovative use cases and the future of nonfungible tokens. 2703 Total views 42 Total shares Nonfungible tokens (NFTs) have generated mainstream interest over the last year. A yearly market report from NonFungible found that the total value of all NFT transactions worldwide surpassed more than $17 billion in 2021, up from $82.5 million in 2020. The report also pointed out that “NFT”

Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K

BTC price fell below $38,000 as tech stocks sold off and traders watched cautiously to see if Bitcoin can hold its “macro-level support” zone. 7521 Total views 23 Total shares The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk's purchase of Twitter began to fade and concerns about the state of the global economy took the forefront again. Tech-related stocks were s

Why does Ethereum have an intrinsic value?

Ethereum is a decentralized, open-source blockchain and the first network to launch smart contract functionality. Ethereum was launched in July 2015, and in the span of a few years, it increased considerably in value due to its wide range of decentralized application (DApp) offerings. The explosive rise of decentralized finance (DeFi) and nonfungible tokens (NFTs) have sealed its success as the most actively used blockchain network.nbsp; Furthermore, its native currency, Ether (ETH), has so

Could XRP price lose another 70% by Q3?

A descending triangle breakdown coupled with XRP's correlation with Bitcoin can put downward pressure on price. 8872 Total views 19 Total shares Ripple (XRP) continued its correction trend on April 25, falling by 5.5% to reach $0.64, its lowest level since Feb. 28. More XRP price downside ahead? The plunge increased the possibility of triggering a bearish reversal setup called descending triangle. While these patterns form usually during a down

STEPN to new highs? GMT price painting first ‘bull flag’ toward $5 target

GMT is booming amid warnings that its 38,000% price rally since inception could end up being an “absolute joke.” 7250 Total views 74 Total shares STEPN (GMT) has rallied strongly against the United States dollar this week as it looks likely to form a classical bullish technical pattern called “the bull flag.” GMT eyes more upside GMT’s price rose 30% week-to-date, including a strong rally to establish an all-time high near $3.85 follow

Alex Saunders issues a public apology and claims to be settling crypto dealings

Prominent crypto figure Alex Saunders has come back from months of being inactive on social media to issue a public apology for his actions last year. 2461 Total views 14 Total shares Months after a storm of controversies, Nuggets News founder and crypto influencer Alex Saunders issued a public apology over last year’s controversies and the way he handled things.  Back in 2021, Saunders faced a series of allegations claiming that he had faile

Dogecoin price risks 40% correction despite Elon Musk-Twitter euphoria

Elon Musk buying Twitter for $44 billion boosts Dogecoin by 25% in the last 24 hours, but selloff risks persist. Dogecoin (DOGE) prices flipped higher in the last 24 hours after its most celebrated backer Elon Musk purchased Twitter for $44 billion. At its best, Dogecoin had climbed to $0.17 on April 25, albeit still down 77% from its record high in May 2021. Twitter's native currency: Dogecoin? DOGE's price rose by nearly 25% to $0.15 on a 24-hour adjusted ti

What is impermanent loss and how to avoid it?

When a token price rises or falls after you deposit it in a liquidity pool, this is known as crypto liquidity pools' impermanent loss (IL). Yield farming, in which you lend your tokens to gain rewards, is directly related to impermanent loss. However, it is not the same as staking, as investors are required to inject money into the blockchain to validate transactions and blocks to earn staking rewards.  On the contrary, yield farming entails lending your tokens to a liquidity pool or provid

Basic and weird: What the Metaverse is like right now

Everyone knows the Metaverse is coming, but no one knows what it will be like. At present, people say it’s clunky and difficult to use and are waiting for further development. Are brands just jumping on a PR bandwagon in hyperspeed? Is this the future? Is it a place or a time that is coming? And how soon? So, I packed my virtual bags and took a trip to find out. Most of you have probably entered or seen images of the Metaverse, maybe somewhere like The Sandbox or Decentraland. But un

Could XRP price lose another 70% by Q3?

A descending triangle breakdown coupled with XRP's correlation with Bitcoin can put downward pressure on price. 2704 Total views 42 Total shares Ripple (XRP) continued its correction trend on April 25, falling by 5.5% to reach $0.64, its lowest level since Feb. 28. More XRP price downside ahead? The plunge increased the possibility of triggering a bearish reversal setup called descending triangle. While these patterns form usually during a down

Optimism-based projects spike on rumors of token airdrop

“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism. 7586 Total views 56 Total shares The native token prices from multiple projects that employ Ethereum layer-2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon launch a token and airdrop it to the community. Optimism is a layer-2 scaling solution that utilizes Optimis

Axie Infinity hacked for $612M, OpenSea expands support to Solana, EU’s unhosted wallet regulations cause a stir: Hodler’s Digest, March 27-April 2

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Crypto industry fires back after EU vote to block ‘unhosted’ wallets The cryptocurrency industry has fired back at the European Parliament, the legislative arm of the European Union

Major exchange listings spark a 40% rally in Steem, TrustSwap and 0x

STEEM, SWAP and ZRX prices surged shortly after a round of listings at major crypto exchanges. 2937 Total views 20 Total shares Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout. A handful of altcoins are also finding momentum and a round of fresh partnership announcements appear to back the 40% gains seen in select assets

‘Web3 offers us the promise to rearchitect the internet,’ says NFT.com Founder Jordan Fried

NFT.com is aiming to cultivate a democratic, community-governed NFT headquarters to compete with the industry’s top marketplaces and data aggregate platforms. 3629 Total views 44 Total shares Nonfungible tokens (NFTs) experienced a record-breaking year throughout 2021 in which sales volumes surpassed $14 billion, avatar collectibles permeated the mainstream market to become cultural status symbols, and avant-garde utility sparked innovative We

Bitcoin retests $40K after stocks sell-off meets Fed balance sheet bust

Macro-induced mayhem costs Bitcoin bulls dearly as Ethereum also loses key $3,000 support. 5250 Total views 34 Total shares Bitcoin (BTC) headed toward $40,000 on April 22 after a major retracement in equities speared bulls' latest advance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sheds $3,000 on U.S. stocks plunge Data from Cointelegraph Markets Pro and TradingView showed BTC/USD being kept firmly under $41,000

Major exchange listings spark a 40% rally in Steem, TrustSwap and 0x

STEEM, SWAP and ZRX prices surged shortly after a round of listings at major crypto exchanges. 2865 Total views 20 Total shares Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout. A handful of altcoins are also finding momentum and a round of fresh partnership announcements appear to back the 40% gains seen in select assets

Epic Games raises $2B for Metaverse, Mastercard scales NFT plans and Ripple scores big win against SEC: Hodler’s Digest, April 10-16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Mastercard files 15 metaverse and NFT related trademarks Multinational payments giant Mastercard filed 15 applications for NFT and metaverse trademarks, joining the ranks of competitors

North Korean Lazarus Group allegedly behind Ronin Bridge hack

Treasury Department updates SDN list to ostensibly tie infamous hacker group to last month’s mega-heist. 3980 Total views 64 Total shares The United States Treasury Department Office of Foreign Assets Control Specially Designated Nationals and Blocked Persons (SDN) list was updated Thursday to reflect the possibility that North Korean cyber-criminal Lazarus Group was behind last month's hack of the Ronin Bridge, in which over 173,600 Ether (ET

In Georgia, crypto is a crucial tool for refugees escaping the war

I arrived in Tbilisi, Georgia, near Russia’s southern border, in late February — just a few days after Russian forces invaded Ukraine. I had been reporting on crypto and blockchain from St. Petersburg, but after the war started, staying there had become untenable. During my first week in the city, I searched for an apartment to rent and for ways to set up a basic bank account. I went to a major branch of the Bank of Georgia, the second-largest private bank in the country, next to Libert

ApeCoin: APE price climbs 55% in three days as a 'BAYC land drop' rumor goes viral

Owners of the popular Bored Ape and Mutant APE nonfungible tokens (NFTs) could receive virtual lands on the Yuga Labs' upcoming "Otherside" metaverse. 9362 Total views 56 Total shares ApeCoin (APE) price has exploded higher on anticipations that it would become a de-facto payment token in an upcoming metaverse land sale. APE price swelled nearly 28% in one day to reach over $17 per token on April 20. The rally came as a part of a rebound from t

How to get premium high-resolution metaverse and NFT images

Metaverse and NFT images can either be downloaded from Adobe Stock or Pexels, or you can create them yourself using Photo Sphere or Splash apps. 7469 Total views 67 Total shares You’ve probably already heard of the nonfungible tokens (NFTs) craze as these colorful, almost cartoon-like pictures. And, when you think of the Metaverse, you already see a bright and virtual world viewed from your avatar.  With NFTs, most people think of Bored Ape Y

Ripple to give out 1 billion XRP in developer grants

The first two waves of the XRPL grant have offered $6 million in funding to 50 open source projects built on the XRP ledger. 14134 Total views 79 Total shares Ripple (XRP), the enterprise payment technology company, plans to give out one billion XRP in grants for developers. The newly announced grant is an extension of the company’s XRPL Grants program, which was launched in 2021. The developer grant would be focused on encouraging open-source

Polygon commits to going carbon neutral in 2022

The network also pledged $20 million to offset its carbon footprint and foster an industry-wide movement. 4140 Total views 72 Total shares The Polygon network announced on Tuesday its commitment to going carbon neutral and climate positive this year by releasing their “Green Manifesto: A Smart Contract with Planet Earth.” They also made a $20 million pledge to offset their carbon footprints and buy extra credits to eventually become carbon

Move-to-earn: An active play-to-earn offshoot

Does it look like the move-to-earn games are the next big thing in the gaming sector? Genopets and Dustland Runner, STEPN and others are making moves to make it happen. 7842 Total views 54 Total shares Play-to-earn (P2E) games continue to dominate the crypto industry as more than half of the active wallets tracked by Dappradar have connected to blockchain-based games in the first quarter of 2022. Games like Axie Infinity — even with last month

Price analysis 4/18: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

Bitcoin and select altcoins slipped below their immediate support levels, opening the door for further downside. 9053 Total views 33 Total shares Bitcoin (BTC) and most major altcoins have started the new week on a soft note and the Crypto Fear and Greed Index has dropped into the “extreme fear” zone, suggesting that investors are still nervous. Bitcoin has declined about 17% year-to-date while the Nasdaq 100 has dropped about 16% during the

Here’s why Chiliz (CHZ) multi-team NFL partnership and Web3 expansion plan could be bullish

Bullish momentum builds for CHZ following a new partnership between Socios.com and multiple NFL teams. 3058 Total views 38 Total shares One of the biggest challenges cryptocurrency projects face is finding the right type of real-world integration and a use case that can spark a new waves of adoption. Integrating blockchain and cryptocurrency with professional sports has been the expected "next wave" for some time and Chiliz (CHZ), a protocol foc

DeSci: Can crypto improve scientific research?

An insider account of the DeSci origins story — a new movement of citizen scientists, open-access scientific research and crowd-sourced peer-review funded by crypto that’s gathering pace in 2022. # At ETHDenver in February, decentralized science became a thing. It was like the good old days of crypto: Like-minded spirits met and then crashed at each other’s rented places. Ideologies and open research were respectfully debated. DeSci panels were well attended with renewed energy

6 Questions for Lynn Liss of Akoin

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lynn Liss, the chief operating officer and co-founder of Akoin, a cryptocurrency and blockchain ecosystem designed to empower entrepreneurship and fuel rising entrepreneurs in Africa. Lynn Liss serves as chief operating officer of blockchain company and cryptocurrency Akoin, co-founded with glo

Price analysis 4/13: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

Bitcoin and altcoins are attempting a recovery, but the bulls are likely to encounter stiff resistance at higher levels. 11868 Total views 38 Total shares Bitcoin (BTC) and major altcoins are attempting a recovery after the sharp fall on April 11. According to Glassnode’s recent weekly report, Bitcoin has witnessed a “modest volume of profit-taking by investors” since mid-February, which could “be providing sufficient headwinds to prices

Satoshi may have needed an alias, but can we say the same?

To doxx (oneself) or not to doxx? That is a question faced by many operating in the cryptocurrency and blockchain space, including developers, influencers, and investors. Does one use one’s own name when venturing into the often chaotic and largely unregulated crypto world — or don an alias? Consider Embrik Børresen, developer of RobinHood Inu — a reflection token that was launched in February. Like many crypto and blockchain founders, he considered using a nom de guerre when sta

Kava turns bullish as Ethereum Co-Chain launch initiates push toward EVM compatibility

KAVA price continues to trend upward as excitement builds over the upcoming launch of Ethereum and Cosmos Co-Chains. 6284 Total views 37 Total shares Protocols in the Cosmos ecosystem have seen a significant amount of growth in 2022 due to the intensifying focus on blockchain interoperability and compatibility with the Ethereum network.  One protocol that has seen a buildup in momentum since the middle of March is Kava, a project that is develo

Tornado Cash says it's using Chainalysis oracles to block access from OFAC sanctioned addresses

Many DeFi exploits in the past have been linked to the popular crypto-mixing protocol. 2051 Total views 29 Total shares On Friday, Tornado Cash announced that it was using oracle contracts from Chainalysis to block wallet addresses sanctioned by the U.S. Office of Foreign Assets Control, or OFAC. The move comes after the U.S. Department of the Treasury linked North Korean cybercriminal Lazarus Group as an alleged perpetrator for the recent $60

Ethereum derivatives data shows pro traders are bearish, but for how long?

The ETH futures premium turned bearish and the network's TVL dropped 22% from its peak, but how is this impacting pro traders’ sentiment? 2863 Total views 55 Total shares Ether (ETH) lost the critical $3,000 psychological support level on April 11 after a 16% weekly negative performance. Bulls were definitively caught by surprise as $104 million in leveraged long futures got liquidated on April 11. Ether's downturn also followed a decline in t

Crypto portfolios: How much of a stablecoin allocation is too much?

Stablecoins allow investors to stay on the sidelines and earn passively on their holdings, but not all stablecoins are created equal. 3531 Total views 52 Total shares Cryptocurrencies are well-known for being volatile assets, which means that experienced traders have plenty of opportunities in the space. Investors can expect to be taken on a wild ride if they plan on holding for a long time. Stablecoins, a class of cryptocurrencies that offers

Ethereum Merge a ‘few months after’ June: Dev clears up what’s going on

Top 5 cryptocurrencies to watch this week: BTC, NEAR, FTT, ETC and XMR

btc, NEAR, FTT, ETC and XMR are attempting to rebound off their strong support levels, indicating buying on dips. 12869 Total views 122 Total shares Bitcoin (BTC) dropped from a high of $47,200 on April 5 to a low of $42,107 on April 8, indicating a possible selling by short-term traders who may have preferred to lock in their profits. However, the price action is still stuck in a tight range during the weekend, indicating that supply and demand

What are the worst crypto mistakes to avoid in 2022? | Find out now on The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss nine of the worst mistakes you can make in crypto. 5808 Total views 70 Total shares “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the worst mistakes you should avoid making in crypto. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are

Ethereum price 'bullish triangle' puts 4-year highs vs. Bitcoin within reach

ETH/BTC could reach 0.10 this year as the market anticipates Ethereum's proof-of-stake switch. 13771 Total views 43 Total shares Ethereum's native token Ether (ETH) has dropped about 17% against the U.S. dollar in the last two weeks. But its performance against Bitcoin (BTC) has been less painful with the ETH/BTC pair down 4.5% over the same period. The pair's down-move appears as both ETH/USD and BTC/USD drop nearly in lockstep while reacting t

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

BTC and altcoins broke below their lower support levels, signaling that further downside is the most likely short-term outcome. 18838 Total views 65 Total shares Bitcoin (BTC) and most major altcoins have broken key support levels to start the week on a weak note. The crypto markets seem to be following the U.S. equity markets, which are being pulled down as investors reduce exposure to risky assets because of rising rates.  Arthur Hayes, ex-CE

Polygon commits to going carbon neutral in 2022

The network also pledged $20 million to offset its carbon footprint and foster an industry-wide movement. 3654 Total views 72 Total shares The Polygon network announced on Tuesday its commitment to going carbon neutral and climate positive this year by releasing their “Green Manifesto: A Smart Contract with Planet Earth.” They also made a $20 million pledge to offset their carbon footprints and buy extra credits to eventually become carbon

Kava turns bullish as Ethereum Co-Chain launch initiates push toward EVM compatibility

KAVA price continues to trend upward as excitement builds over the upcoming launch of Ethereum and Cosmos Co-Chains. 6045 Total views 37 Total shares Protocols in the Cosmos ecosystem have seen a significant amount of growth in 2022 due to the intensifying focus on blockchain interoperability and compatibility with the Ethereum network.  One protocol that has seen a buildup in momentum since the middle of March is Kava, a project that is develo

Motions denied for both SEC and Ripple as battle continues

Ripple CEO Garlinghouse claims a “big win” in the dismissal of an SEC motion while remaining silent about the ruling on his own motion. 16203 Total views 44 Total shares Southern New York District Court Judge Analisa Torres issued two rulings Friday on motions filed in the United States Security and Exchange Commission (SEC) lawsuit against Ripple Labs. Ripple argued that it was not given fair notice that the agency would consider Ripple‘s

Philippines' fintech achieves unicorn status after embracing crypto payments

Voyager reportedly plans to integrate cryptocurrencies, micro investments and insurance products into PayMaya, which already includes a digital wallet. 3043 Total views 46 Total shares Voyager Innovations, the firm behind the Philippines' top digital payments app Paymaya, has announced it has achieved unicorn status after a recent round of funding, surpassing a $1 billion valuation.  Voyager Innovation announced Tuesday that the new $210 millio

Ethereum derivatives data shows pro traders are bearish, but for how long?

The ETH futures premium turned bearish and the network's TVL dropped 22% from its peak, but how is this impacting pro traders’ sentiment? 2583 Total views 55 Total shares Ether (ETH) lost the critical $3,000 psychological support level on April 11 after a 16% weekly negative performance. Bulls were definitively caught by surprise as $104 million in leveraged long futures got liquidated on April 11. Ether's downturn also followed a decline in t

Price analysis 4/8: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

The strength in the U.S. dollar may keep Bitcoin and select altcoins under pressure in the short term. 20814 Total views 70 Total shares Bitcoin (BTC) and most major altcoins are attempting to defend the immediate support levels, indicating that bears sense an opportunity and are looking to take control of the price action. The short-term price action does not seem to worry the long-term Bitcoin bulls who expect a massive return in the next few

Kyber Network soars after integrating with Uniswap v3 and Avalanche Rush Phase 2

KNC price rallied in excess of 50% after expanding access to ten blockchain networks and an integration with Uniswap v3. 11136 Total views 6 Total shares The outlook for projects in the decentralized finance (DeFi) sector has begun to improve in recent months, as a combination of global events has highlighted the benefits of holding funds outside of the traditional financial systems. One project that has rallied over the past few months is Kyber

Starbucks joins NFT party, UK government seeks stablecoin regulations and Crypto Twitter rallies behind cancer fighter, Hodler’s Digest: Apr. 3-9

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Starbucks announces NFT initiative as union-busting controversy continues Nonfungible tokens continue making headlines, with coffee giant Starbucks having recently signaled its intent o

NFT LA: Attract the mainstream, focus on Web3 and use cases

Panelists who spoke at NFT LA shared their thoughts on Web3, innovative use cases and the future of nonfungible tokens. 2321 Total views 42 Total shares Nonfungible tokens (NFTs) have generated mainstream interest over the last year. A yearly market report from NonFungible found that the total value of all NFT transactions worldwide surpassed more than $17 billion in 2021, up from $82.5 million in 2020. The report also pointed out that “NFT”

Monero defies crypto market slump with 10% XMR price rally — What’s next?

XMR price cup-and-handle pattern fetches a bold $10,000 price prediction for 2023. 5839 Total views 32 Total shares Privacy-focused cryptocurrency Monero (XMR) rallied by nearly 9.5% in the past week compared with the crypto market’s decline of 8.5% in the same period. The XMR/United States dollar pair has broken above a strong multi-month resistance trendline, hinting at more upside ahead. XMR price action  XMR’s price was down by a modest

The Philippines' top payment provider adds crypto to its mobile app

With the new feature, PayMaya intends to make it simpler for Filipinos to learn about and use cryptocurrencies. 3398 Total views 71 Total shares Philippines-based major fintech company PayMaya has reportedly launched a new cryptocurrency feature on its app, following in the footsteps of PayPal, Venmo and others. According to TechInAsia, PayMaya users will be able to trade, purchase and spend digital assets using their accounts. This is also par

Blockchain.com launches asset management for institutional investors

The new service is reportedly named BCAM and will serve institutions, family offices and high-net-worth individuals. 1711 Total views 33 Total shares Blockchain.com, a cryptocurrency exchange and financial services firm, has unveiled an asset-management brand. According to an announcement made by Altis Partners on Wednesday, the service known as BCAM will serve institutions, family offices, and high-net-worth individuals.BCAM was founded in coll

WAVES price crashes 50% in one week — watch these support levels next

The latest brutal selloff in WAVES leaves it below a key support level and at risk for more downside. 4294 Total views 62 Total shares Waves (WAVES) lost around half its value in April so far and risks further correction due to weakening technical and fundamental factors. WAVES price risks another 30% decline  WAVES dropped from nearly $64 on March 31 to around $27.50 on April 7 — down by over 55%. As it fell, the WAVES/USD pair also broke be

Price analysis 4/8: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

The strength in the U.S. dollar may keep Bitcoin and select altcoins under pressure in the short term. 19810 Total views 70 Total shares Bitcoin (BTC) and most major altcoins are attempting to defend the immediate support levels, indicating that bears sense an opportunity and are looking to take control of the price action. The short-term price action does not seem to worry the long-term Bitcoin bulls who expect a massive return in the next few

Ripple to give out 1 billion XRP in developer grants

The first two waves of the XRPL grant have offered $6 million in funding to 50 open source projects built on the XRP ledger. 13859 Total views 79 Total shares Ripple (XRP), the enterprise payment technology company, plans to give out one billion XRP in grants for developers. The newly announced grant is an extension of the company’s XRPL Grants program, which was launched in 2021. The developer grant would be focused on encouraging open-source

Inside the blockchain developers’ mind: Building truly free-to-use DApps

Since free-to-use decentralized applications are possible, developers should have a path to acquire sources to support their DApp’s growth. 3634 Total views 29 Total shares Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group. In my previous article, I explained from first princip

6 Questions for Michelle Legge of Koinly

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Michelle Legge, head of crypto tax education at Koinly — a cryptocurrency tax calculator and portfolio tracker for traders, investors and accountants. Alongside her work at Koinly, Michelle is passionate about closing the financial literacy gap for women. Before crossing into the crypto sp

What to do after getting rich from crypto: Community answers the ultimate question

From disappearing into the wind to exploring the world, the crypto community shares their thoughts on what to do after cashing out enough gains to sustain a lifetime. 8717 Total views 100 Total shares When traders get enough money for life from their Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) or any crypto trading plays, what comes next? Crypto-savvy Reddit users shared their best ideas in a lively subreddit. A user who goes by the tag u/Lif

Ecosystem expansion and $45M funding round boost Boba Network (BOBA) price by 30%

BOBA price booked a double-digit gain after a $45 million funding round and developer incentive program lured investors back to the network. 2090 Total views 17 Total shares The institutional adoption of cryptocurrencies has been gaining momentum over the past couple of years due to venture capitalists and money managers looking to the crypto market as the next investment class that will offer the greatest return.  The Boba Network (BOBA) is th

Female investors led crypto market growth in 2021, says new report

The average value and volume of transactions conducted on the BTCM platform increased by 48% and 118% in 2021, with the average daily orders increasing by 42%. 1988 Total views 57 Total shares The crypto market is maturing and is no longer driven by speculation, according to a new report from BTC Markets (BTCM). According to the report by the Australian cryptocurrency exchange, the crypto market's growth in 2021 was driven by utility. The BTCM 

Opulous (OPUL) price soars after DeFi staking announcement, S-NFT sale and CEX listings

OPUL price rallied 175% off its bottom after the project announced DeFi staking, CEX listings and upcoming S-NFT sales. 4051 Total views 53 Total shares Non-profile picture (PFP) NFTs had been cooling down over the past few months but now that Bitcoin and Ethereum have turned bullish again, altcoins and NFT-focused tokens are beginning to follow. Music NFTs are one sector of the ecosystem that is showing bullish signs this week, and Opulous (OPU

What to do after getting rich from crypto: Community answers the ultimate question

From disappearing into the wind to exploring the world, the crypto community shares their thoughts on what to do after cashing out enough gains to sustain a lifetime. 7693 Total views 100 Total shares When traders get enough money for life from their Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) or any crypto trading plays, what comes next? Crypto-savvy Reddit users shared their best ideas in a lively subreddit. A user who goes by the tag u/Lif

4 clever crypto scams to beware — Dubai OTC trader Amin Rad

Aminhossein “Amin” Rad runs an over-the-counter trading desk in Dubai, United Arab Emirates. Searching for a business after dropping out of university, he started to style himself as a Bitcoin broker in 2016. Starting with his first deal after five months of wading through scammers and tire-kickers, Rad went on to found Crypto Desk, a business-to-business exchange that now deals millions of dollars of private crypto transactions among its 2,500 clients every day.  But why do people use

Report: DApp daily users surge to 2.4M in Q1 2022 despite headwinds

It appears record-level DeFi exploits have not hurt crypto enthusiasts' confidence in DApps. 1238 Total views 30 Total shares According to a new industry report published by DappRadar, the number of users engaging in decentralized applications, or DApps, every day surged 396% year-over-year to 2.4 million. This is only 5.8% below the same user activity level witnessed in Q4 2021. The overall growth was impressive, considering that during the qua

Traders predict $3,800 Ethereum, but multiple data points suggest otherwise

Is it time for a correction after ETH rallied 34% in two weeks? On-chain metrics and derivatives data say yes. 12798 Total views 92 Total shares Investors tend not to complain about a price rally, except when the chart presents steep downside risks. For example, analyzing Ether's (ETH) current price chart could lead one to conclude that the ascending channel since March 15 is too aggressive. Ether price at FTX, in USD. Source: TradingView

Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

BTC and select altcoins dropped far below their strong support levels, a clear sign that the recent bullish momentum has weakened. 12421 Total views 25 Total shares Bitcoin (BTC), the entire crypto sector and the SP 500 index are correcting on April 6, which highlights the tight correlation between the two sectors. Despite the weakness, institutional investors do not seem to be halting their purchases, suggesting that they remain bullish in the

The blockchain projects making renewable energy a reality

Much has been said about Bitcoin‘s carbon emissions. Far less has been said about the potential of blockchain to increase the efficiency of renewables by transparently managing supply and demand. Blockchain doesn‘t pose a threat to the planet — it’s going to play an essential role in helping to bring about a net-zero carbon emission economy. It is a few years in the future: You are sitting on your sofa, having a nice coffee after loading the washing machine. You’ve switched it on b

Bitcoin dices with $46K as Elon Musk Twitter buy sends Dogecoin near 2-month highs

Collateral gains are the only signs of joy for short-term crypto traders on April 4 as Bitcoin and most major assets stay flat. 9241 Total views 103 Total shares Bitcoin (BTC) traded in an uncertain territory on April 4 as the Wall Street open failed to unleash bullish continuation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader gives $43,000 BTC near-term dip target Data from Cointelegraph Markets Pro and TradingView 

Ethereum traders eye the 61.8% Fib level if ETH fails to hold the $3.2K support

ETH sold-off alongside the rest of the crypto market, leading analysts to warn of a drop to $2,900 if the current support at $3,200 fails. 12969 Total views 50 Total shares The cryptocurrency market is nearly completely red on April 6 after hawkish comments from multiple members of the Federal Reserve highlighted their opinion that aggressively raising interest rates and cutting bond purchases would need to happen in order to combat inflation.

2 key indicators cast doubt on the strength of the current crypto market recovery

BTC and altcoins flashed bullish this week, but the perpetual contracts funding rate and Tether premium reflect a lack of confidence from traders. 12661 Total views 26 Total shares Analyzing the aggregate cryptocurrency market performance over the past seven days could give investors the impression that the total market capitalization grew by a mere 4% to $2.03 trillion, but this data is heavily impacted by the top five coins, which happen to in

Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price 'manipulation' accusations

Waves founder Sasha Ivanov says Alameda Research is behind the ongoing WAVES price decline. 6702 Total views 35 Total shares Neutrino Dollar (USDN), a stablecoin issued through Waves-backed Neutrino protocol, lost its U.S. dollar-peg on April 4 amid speculations that it could become "insolvent" in the future. USDN plunges 15% despite WAVES backing USDN dropped to as low as $0.822 on April 4 with its market capitalization also diving to $824.25 m

Blockchain.com launches asset management for institutional investors

The new service is reportedly named BCAM and will serve institutions, family offices and high-net-worth individuals. 1381 Total views 33 Total shares Blockchain.com, a cryptocurrency exchange and financial services firm, has unveiled an asset-management brand. According to an announcement made by Altis Partners on Wednesday, the service known as BCAM will serve institutions, family offices, and high-net-worth individuals.BCAM was founded in coll

Ripple to give out 1 billion XRP in developer grants

The first two waves of the XRPL grant have offered $6 million in funding to 50 open source projects built on the XRP ledger. 13363 Total views 79 Total shares Ripple (XRP), the enterprise payment technology company, plans to give out one billion XRP in grants for developers. The newly announced grant is an extension of the company’s XRPL Grants program, which was launched in 2021. The developer grant would be focused on encouraging open-source

Bitcoin dices with $46K as Elon Musk Twitter buy sends Dogecoin near 2-month highs

Collateral gains are the only signs of joy for short-term crypto traders on April 4 as Bitcoin and most major assets stay flat. 9075 Total views 103 Total shares Bitcoin (BTC) traded in an uncertain territory on April 4 as the Wall Street open failed to unleash bullish continuation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader gives $43,000 BTC near-term dip target Data from Cointelegraph Markets Pro and TradingView 

Aave v3 launch triggers 50% rally from long-term descending channel pattern

AAVE price broke from its long-term downtrend after the launch of Aave v3 added support for six different blockchain networks in the DeFi space. 2843 Total views 26 Total shares The decentralized finance (DeFi) market has been undergoing a period of maturation over the past year and many of last year's fast risers have faded into obscurity but this does not mean the formerly "famous" protocols have not continued to build. One blue-chip project t

6 Questions for Chen Li of Youbi Capital

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Chen Li, the co-founder and CEO of Youbi Capital, a venture capital firm investing in blockchain technologies and disruptive decentralized applications. Chen Li is the co-founder and CEO of Youbi Capital. He has a Ph.D. in chemistry and worked as a scientist for Regeneron Pharmaceuticals, whe

Price analysis 4/1: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

Bulls set their targets on new highs now that the brief consolidation phase in BTC and altcoins appears to have ended. 22745 Total views 48 Total shares Bitcoin (BTC) has clawed back much of the losses that took place in January and now the focus of traders shifts to April, which has historically been a strong month for the cryptocurrency. According to Coinglass data, Bitcoin has closed April in the red on onlthree occasions and the worst month

Gnosis (GNO) price rallies 50%+ after CowSwap users claim COW airdrop

GNO price notched a 50% gain after traders responded positively to the release of CowSwap token and the MEV-protection the protocol provides. 3273 Total views 45 Total shares This week Gnosis (GNO) price notched a swift 50%+ rally after the project took another step forward in its transition to the Coincidence of Wants Procotol, or CoW, an interface that offers traders protection from miner extracted value (MEV). Data from Cointelegraph Markets

Crypto Biz: Ripple takes the high road, Jan. 20–26

Ripple's ongoing battle with the SEC isn't stopping the blockchain payments company from carving out a stronger position in the market. 11039 Total views 45 Total shares Blockchain payments company Ripple (XRP) made it abundantly clear this week that it's not letting its feud with the United States Securities and Exchange Commission (SEC) hold back its business plans. On Wednesday, the company announced it had repurchased all Series C shares tha

Planet of the Bored Apes: BAYC’s success morphs into ecosystem

The success of the “Bored Ape Yacht Club” NFT collection sparked the creation of an NFT universe powered by its proprietary ApeCoin token. 4136 Total views 81 Total shares Nonfungible tokens (NFT) continue to make waves in mainstream media, with projects such as “Bored Ape Yacht Club” no more pertinent an example of the potential of the space. Some of the biggest names in Hollywood are proud owners of Bored Ape NFT avatars, which has no

Dubai school will welcome tuition payments in Bitcoin and Ethereum

Citizens School said it also intends to integrate blockchain technology into several aspects of its academic and administrative operations in the future. 3726 Total views 68 Total shares According to local news outlet Arabian Business, Citizens School, located in Dubai, will accept tuition payments denominated in Bitcoin (BTC) or Ethereum (ETH). Payments using digital assets are facilitated via an unnamed processing platform and are automatical

SEC scores a minor victory in legal dispute with Ripple Labs

“The filing of the Individual Defendants’ Answer is the triggering event. When the Answer is filed, even if before April 8th, the date the Answer is filed starts the two week clock running for the filing of the SEC position on discovery” said lawyer James Filan. 17697 Total views 54 Total shares The United States Securities and Exchange Commission (SEC) has been granted an extension to submit a discovery schedule relating to individual def

Gnosis (GNO) price rallies 50%+ after CowSwap users claim COW airdrop

GNO price notched a 50% gain after traders responded positively to the release of CowSwap token and the MEV-protection the protocol provides. 3195 Total views 45 Total shares This week Gnosis (GNO) price notched a swift 50%+ rally after the project took another step forward in its transition to the Coincidence of Wants Procotol, or CoW, an interface that offers traders protection from miner extracted value (MEV). Data from Cointelegraph Markets

Interoperability-focused Stargate Finance (STG) aims to kick off DeFi 3.0

STG price rallied after excited investors piled into Stargate Finance, an interoperability-focused multi-chain DeFi platform. 6587 Total views 54 Total shares "Stargate Finance" has been trending on Twitter for the past week and while it's too early to call for a full-blown DeFi bull market, traders have been shoveling funds into the project, which claims to be a “composable omni-chain native asset bridge.” Data from Cointelegraph Markets Pr

NFT adoption: Tokens take the runway at Metaverse Fashion Week

Metaverse Fashion Week demonstrated how brands and designers can further engage with consumers using NFTs. 2528 Total views 44 Total shares The Metaverse may be an emerging concept, but the impact that virtual game-like worlds can have on the trillion-dollar retail industry was recently demonstrated during Metaverse Fashion Week (MVFW). This entirely virtual experience was held from March 24–27, 2022, in Decentraland, a decentralized virtual s

Former SEC official predicts regulator ‘will lose on the merits’ of case against Ripple

Joseph Hall believes that the SEC is not yet equipped to handle litigation in cases concerning cryptocurrencies as securities yet, making it hard to win the case against Ripple. 20086 Total views 73 Total shares A former executive from the United States Securities and Exchange Commission believes the regulator has a good chance of losing its $1.3billion lawsuit against Ripple “on the merits” of the case. Attorney Joseph Hall has also voiced

AVAX traders anticipate a new ATH even as Avalanche DApp use slows

AVAX price posted a multi-month higher high, signaling that the altcoin’s downtrend is over, but a decline in network activity could weigh on the current rally. 4782 Total views 57 Total shares Avalanche (AVAX) jumped 43.8% between March 14 and March 31 to a $97.50 daily close, which is the highest level since Jan. 5. This layer-1 scaling solution uses a proof-of-stake model and has amassed $9 billion in total value locked (TVL) deposited on t

6 Questions for Mitch Liu of Theta Labs

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Mitch Liu, co-founder and CEO of Theta Labs — a decentralized video streaming platform powered by users and built on a new blockchain. Theta Labs is the organization behind the Theta Network — a fast, green blockchain designed from the bottom up for media and entertainment. In 2019, Mit

Planet of the Bored Apes: BAYC’s success morphs into ecosystem

The success of the “Bored Ape Yacht Club” NFT collection sparked the creation of an NFT universe powered by its proprietary ApeCoin token. 3887 Total views 81 Total shares Nonfungible tokens (NFT) continue to make waves in mainstream media, with projects such as “Bored Ape Yacht Club” no more pertinent an example of the potential of the space. Some of the biggest names in Hollywood are proud owners of Bored Ape NFT avatars, which has no

Astar (ASTR) price doubles as the network prepares to add 15 new projects in April

ASTR price booked a 100% gain following a $22 million fundraise and a recently announced plan to launch 15 projects in April. 1464 Total views 14 Total shares Following the successful completion of its initial parachain auctions, the Polkadot (DOT) ecosystem has begun to gain traction with the cryptocurrency community as the first chains begin to come online and integrate with Ethereum (ETH).  Astar (ASTR) is one such Polkadot-based project tha

Price analysis 3/30: BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE

BTC and altcoins could enter a short consolidation phase before retesting their breakout levels, a sign that the current price action could be a buying opportunity. 13752 Total views 56 Total shares Bitcoin’s (BTC) rally is taking a breather near the 200-day simple moving average (SMA) and that has resulted in what is either a minor pullback or consolidation in BTC and select altcoins.  In the last few days, Terraform Labs has been on a Bitco

White House office seeks public opinion on crypto-climate implications

Following up on a recent executive order signed by President Joe Biden, the OSTP reached out to the general public to identify the energy and climate implications related to digital assets. 3552 Total views 27 Total shares The Office of Science and Technology Policy (OSTP), an executive office of the President of the United States, commenced a study to identify the scope for offsetting energy use and climate changes related to digital assets. 

Price analysis 3/30: BTC, ETH, BNB, XRP, ADA, LUNA, SOL, AVAX, DOT, DOGE

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Crypto critics: Can FUD ever be useful?

“Anyone who says that David Gerard personally stopped their crypto getting into Wikipedia is a fuckwit,” says editor, Wikimedia spokesman and professional crypto hater David Gerard in his typically no-nonsense fashion. “There are a lot of fuckwits.” When Gerard is not passionately arguing against cryptocurrencies in Wikipedia editor discussions, the author of the 2017 self-published hit Attack of the 50 Foot Blockchain can be found prosecuting the case against Bitcoin, blockchain and

Axie Infinity's Ronin bridge hacked for over $600M

"We are in touch with security teams at major exchanges and will be reaching out to all in the coming days," said the team at Ronin. 15507 Total views 113 Total shares According to Axie Infinity's official Discord and Ronin Network's official Twitter thread, along with its Substack page, the Ronin bridge and Katana Dex have been halted after suffering an exploit for 173,600 Ethereum (ETH) and 25.5 million USD Coin (USDC), worth a combined $612 m

Ripple to launch ‘Liquidity Hub’ for finance firms that want to offer crypto trading

The fintech firm wants to let its enterprise clients have access to cryptocurrencies through a new service called Liquidity Hub. 8997 Total views 37 Total shares Fintech firm Ripple has announced a new service aimed at finance companies that will allow them to offer cryptocurrency trading to customers. Ripple unveiled the Liquidity Hub service in a blog post on Tuesday, touting a “crypto-first future” in which every company will need to have

Axie Infinity's Ronin bridge hacked for over $600M

"We are in touch with security teams at major exchanges and will be reaching out to all in the coming days," said the team at Ronin. 15007 Total views 113 Total shares According to Axie Infinity's official Discord and Ronin Network's official Twitter thread, along with its Substack page, the Ronin bridge and Katana Dex have been halted after suffering an exploit for 173,600 Ethereum (ETH) and 25.5 million USD Coin (USDC), worth a combined $612 m

Aave v3 launch triggers 50% rally from long-term descending channel pattern

AAVE price broke from its long-term downtrend after the launch of Aave v3 added support for six different blockchain networks in the DeFi space. 628 Total views 8 Total shares The decentralized finance (DeFi) market has been undergoing a period of maturation over the past year and many of last year's fast risers have faded into obscurity but this does not mean the formerly "famous" protocols have not continued to build. One blue-chip project tha

Top Israeli bank to accept BTC and ETH trading through Paxos' collaboration

Pepper Invest users can now buy, sell and hold Bitcoin and Ethereum, subject to regulatory approval. 3333 Total views 89 Total shares Leumi Bank, one of the largest lenders in Israel, has reportedly started to accept Bitcoin (BTC) and Ether (ETH) trading. According to a Thursday report by Reuters, Pepper Invest, Leumi's digital platform, has partnered with blockchain infrastructure provider Paxos to launch crypto trading. Pepper Invest clients