Price analysis 6/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin and altcoins have been volatile in the past two days, as the cryptocurrency markets come to terms with the actions of the United States...
Tag : blockchain updates
Security or not, Ether looks poised to hold the $1.8K level based on 3 key metrics
Ether’s price retested $1,780 after the news of the United States Securities and Exchange Commission (SEC) suing cryptocurrency exchanges Binance and Coinbase, but it’s not...
Binance and CZ sued by the SEC
In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the impact of the United States Securities and Exchange Commission lawsuit...
What asset freeze? Binance BTC outflows muted as users shun panic selling
Bitcoin (BTC) hitting three-month lows did not spur hodlers to panic sell, on-chain data shows. According to analytics firm Glassnode, BTC investors have largely ignored...
Bitcoin evangelist Joe Hall tells The Agenda why he thinks BTC will conquer the world
“Bitcoin has such a marketing problem.” At least, that’s what came to mind for Bitcoin (BTC) advocate and Cointelegraph reporter Joe Hall when he was...
Heilpern loves Bitcoin, hates bullshit… was a China state media journo: Hall of Flame
Author of Undressing Bitcoin: A Revealing Guide to the World’s Most Revolutionary Asset and host of The Layah Heilpern Show. Author, podcaster and crypto influencer...
Jack Dorsey courts controversy by claiming ETH is a security
Long-time Bitcoin (BTC) advocate Jack Dorsey has found himself in a Twitter war with several crypto industry pundits after he responded with “yes” to a...
Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The Optimism network concluded its “Bedrock” upgrade on June 7, reducing deposit times, lowering layer-1 fees and enacting additional security features, according to an announcement...
Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point
On-chain analytics firm Glassnode published a report hinting that investors are rotating capital toward risk-off assets like stablecoins and Bitcoin. Technicals show that altcoins are...
Small business lending protocol Defactor tokenizes $100M in bonds
On June 6, decentralized finance (DeFi) lending platform Defactor Labs said that it tokenized $100 million worth of Alpha Bonds using the ERC-3643 token standard....
Sequoia Capital announces three-way split to separate China business
Venture capital firm Sequoia Capital announced an impending split that will see the company break into three distinct partnerships serving the United States, China, and Asian...
Bitcoin price bounces past $26K as Coinbase news fails to shake bulls
Bitcoin (BTC) recovered some of its lost ground after the June 6 Wall Street open despite new legal action from United States regulators. BTC/USD 1-day...
Tornado Cash 2.0: The race to build safe and legal coin mixers
When the U.S. government sanctioned coin mixer Tornado Cash, many thought it might spell the end for illicit crypto mixing services. But they’re back —...
Dev shares how ENS plays a role in decentralized social media
As decentralized social media is one of the central topics at KryptoSeoul’s Buidl Asia event held in South Korea, Cointelegraph spoke with Ethereum Name Service...
Binance net outflows hit $778M on Ethereum since SEC charges: Nansen
The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance — accusing the crypto exchange of violating various securities laws — has directly impacted...
Bitcoin traders bet on $24K BTC price as market digests SEC vs. Binance
Bitcoin (BTC) circled $25,800 on June 6 as the aftermath of fresh panic over the largest exchange, Binance, lingered. BTC/USD 1-day candle chart on Bitstamp....
Binance was wrong to boot Monero, ZCash and other privacy coins
Binance announced in May that it would delist so-called “privacy coins” such as Monero (XMR), Zcash (ZEC) and others in several countries, including France, Italy, Spain...
Maybe Bitcoin didn’t bottom? SEC lawsuit against Binance shakes BTC bulls’ confidence
Bitcoin’s price declined 5% in one hour on June 5 after the United States Securities and Exchange Commission (SEC) filed a lawsuit against Binance on allegations...
Price analysis 6/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Bitcoin and altcoins witnessed a sharp sell-off on the news that the United States Securities and Exchange Commission (SEC) filed a suit against Binance in...
Tether invests in El Salvador’s $1B renewable energy project
Stablecoin issuer Tether has announced that it will be partnering with Bitcoin-friendly nation El Salvador to invest in a planned $1 billion dollar renewable energy...
Bitcoin price will get ‘another test’ of 200-week trend line — analyst
Bitcoin (BTC) fell to multi-day lows at the June 5 Wall Street open as action heated up on exchanges. BTC/USD 1-hour candle chart on Bitstamp....
Ethereum gas fees cool down after May memecoin frenzy
The average gas fee — transaction fee — on the Ethereum network has cooled substantially in the first week of June after reaching a multimonth...
Google searches for ‘crypto’ fall to 2020 levels as BTC sentiment neutral
A two-month-long lull in cryptocurrency optimism has seen online search interest for “crypto” and other common cryptocurrency terms stumble down to late 2020 levels. According...
Web3 Gamer: GTA 6 crypto rumors, Dr Who/Sandbox, Thai tourist NFTs review
Grand Theft Auto VI crypto rumors Rumors that the upcoming Grand Theft Auto VI will incorporate cryptocurrency and nonfungible tokens have once again surfaced, sparking...
Bitcoin price chart flashes a bullish sign that could lead to breakouts in ADA, QNT, RNDR and RPL
The United States equities markets welcomed the debt ceiling deal and the May nonfarm payrolls data on June 2 with strong rallies. The S&P 500...
Cryptocurrency markets’ low volatility: A curse or an opportunity?
Cryptocurrency markets are well-known for their volatility, where large price swings help investors create or lose fortunes. Yet there are often periods of relative stability...
Musk’s alleged price manipulation, the Satoshi AI chatbot and more: Hodler’s Digest, May 28 – June 3
Top Stories This Week Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit A group of Dogecoin investors has requested leave to...
Rapid growth in DeFi-focused Ethereum liquid staking derivatives platforms raises eyebrows
Ether’s (ETH) DeFi activity has declined in the bear market and the sector faces further competition from Ethereum’s annual staking reward of 4%, according to...
Price analysis 6/2: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
The United States equities markets rallied sharply on June 2 even though nonfarm payrolls in May rose by 339,000, blowing past economists’ expectations of a...
Bitcoin ‘big move’ due in July after March $30K push — Latest analysis
Bitcoin “consolidation” could end by July, new research predicts as optimism over a BTC price breakout returns. In its latest market update on June 2, trading...
Europe’s right-wing political groups find cause in crypto
The European crypto scene has gained significant traction over the past few years, with a surge in the interest in and adoption of cryptocurrencies and...
US debt ceiling, declining trust in banks send ETH staking to record highs
The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, approximately 2.46% of the total supply. The amount...
Here’s how developers aim to store crypto inside NFTs
Developers have recently published an Ethereum Improvement Proposal (EIP) introducing a new way to use nonfungible tokens (NFTs). With this system, all NFTs can have...
Bitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’
Bitcoin (BTC) bounced near multiple support trend lines into June 2 as market indecision remained in force. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView...
How to access Bitcoin network data without advanced IT skills
The Bitcoin network is home to a variety of data that can offer investors, academics and fans useful insights. However, those without significant IT abilities...
Bitcoin mining firms keep building despite BTC mining profitability slump
Despite a 44% decline in Bitcoin (BTC) mining profitability over the last year, some Bitcoin mining companies have continued to build and increase production, according...
Bitcoin did it better: AI search interest on Google reaches fever pitch
Global search interest for the term “AI” has reached a new all-time high on Google, though it’s yet to hold a candle to peak Bitcoin...
Yuan stablecoin team arrested, WeChat’s new Bitcoin prices, HK crypto rules: Asia Express
RMB stablecoin team allegedly arrested On May 31, local news outlet PANewsLab reported that the developers for the offshore Chinese RMB and Hong Kong dollar...
Uniswap DAO rejects plan to charge LP fees; UNI holders cite tax concerns
A proposal to enable protocol fees for the Uniswap decentralized exchange failed on June 1, potentially allowing liquidity providers (LPs) to continue to earn all...
Scientists propose quantum proof-of-work consensus for blockchain
A team of researchers from universities in Australia and the United States, working in collaboration with quantum technology company BTQ, recently published research proposing a...
Bitcoin price slips under $27K, but data shows BTC whales counter trading DXY strength
As the summer season arrives, an unexpected heatwave is gripping financial markets. This heat is coming in the form of the U.S. Dollar Index (DXY),...
Circle to launch ‘official version’ of USDC natively on Arbitrum
Circle recently announced plans for a June 8 launch of a new native version of its USD Coin stablecoin on the Arbitrum network. 1/ Circle is...
Georgian central bank to launch AML probe into crypto firms
Georgia, a major cryptocurrency-friendly country among post-Soviet states, is preparing to start monitoring crypto firms to prevent money laundering and comply with sanctions. The National...
Increasing number of divorce proceedings involve crypto
Most crypto investors probably aren’t thinking about divorce or what will happen to their digital assets in the event of separation, but lawyers say it’s...
BitCulture: Fine art on Solana, AI music, podcast + book reviews
BitCulture explores arts, culture, music and media in blockchain and Web3. Fine art on the blockchain Exchange.art head curator Haley Karren came to Web3 from some...
Does the US have a crypto ‘tax loophole’ problem?
The crypto sector appears to have dodged another bullet. At the time of publication, the United States has reached a political agreement to raise its...
Last BTC price dip before a $30K breakout? Bitcoin wipes weekend gains
Bitcoin (BTC) returned to a key focal point on June 1 as the monthly close delivered disappointment. BTC/USD 1-day candle chart on Bitstamp. Source: TradingView...
‘Not just Bitcoin price’ — Dan Tapiero shares tips on navigating the bear market
While many beginners base their trades on the negativity brought about by devastating events happening in the crypto space, experienced traders base their decisions on...
Germany’s Deutsche Telekom plugs in as Polygon validator
One of Europe’s largest telecommunications companies is using its infrastructure to explore new revenue streams and boost network security as a validator for blockchain protocols....
Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?
Blackrock CEO Laurence Fink believes the recent “drama” around the United States debt ceiling has deteriorated global trust in the U.S. dollar, something that other...
Satoshi Nak-AI-moto: Bitcoin’s creator has become an AI chatbot
Satoshi Nakamoto may have effectively disappeared over 12 years ago, but two artificial intelligence dabblers are seeking to revive the ability to chat with the...
Fantom starts paying developers to generate gas fees
A new program from the Fantom Opera network team will pay developers for the gas fees they generate from users, according to a May 31...
Price analysis 5/31: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
After rising for four successive months, Bitcoin is on track to end May with losses of about 7%. Another noteworthy thing in May is that Bitcoin’s...
Bitcoin played second fiddle as KAVA, XRP, TRX, RPL and RNDR led the crypto market in May
The cryptocurrency market experienced a dull month, with Bitcoin (BTC) dropping 7.37% — its worst performance since November 2022 — and Ether (ETH) losing 0.22%...
Bitcoin fragments could become more valuable than full Bitcoins
Since January, there have been over 10 million inscriptions on the largest blockchain in the world, and this number continues to grow exponentially. To provide...
Bitcoin hodlers exited ‘capitulation’ above $20K, new metric hints
Bitcoin (BTC) is in a “transition,” which should pave the way to the next bull market top, new research has concluded. In the latest edition...
Mad scientist’s NFTs degrade when they’re traded: 0xDEAFBEEF, NFT Creator
When NFTs first took off, it was Beeple’s digital art, CryptoPunks and Bored Ape Yacht Club PFPs that dominated the headlines and top sales —...
Binance to delist privacy tokens in France, Italy, Spain and Poland
Cryptocurrency is going to become less private in Europe as the major exchange Binance is preparing to delist all privacy tokens in countries like France...
‘Bitcoin Jesus’ says Ethereum is the front-runner for global crypto adoption
Early Bitcoin (BTC) investor and Bitcoin Cash (BCH) advocate Roger Ver claimed that Ethereum, not Bitcoin, will be responsible for driving the bulk of new...
Yield farming app accumulates $12M TVL 2 weeks after launch
A new yield farming app called Origin Ether has accumulated over $12 million in total value locked (TVL) just 14 days after launch, according to...
Researchers propose new scheme to help courts test deanonymized blockchain data
A team of researchers from Friedrich-Alexander-Universität Erlangen-Nürnberg recently published a paper detailing methods investigators and courts can use to determine the validity of deanonymized data...
Bitcoin on-chain and options data hint at a decisive move in BTC price
Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain and options market data allude to incoming volatility...
Bitcoin’s next rally may be imminent, on-chain analyst says
After a long period of unusually low volatility, Bitcoin’s (BTC) next major price move is likely imminent and could drive BTC to $32,000, according to...
Bitcoin price rejects at $28K as analysts eye CME futures gap dip
Bitcoin (BTC) fell into the May 30 Wall Street open as the return of United States equities failed to boost performance. BTC/USD 1-hour candle chart...
What the ‘anti-mining bill’ means for the crypto industry in Texas
In late April, over a hundred people gathered near the Texas Capitol building to protest. Peaceful protests in the United States are not uncommon, but...
Bitcoin is on a collision course with ‘Net Zero’ promises
Each year at the annual UN Climate Change Conference (COP), individual countries are pressured to ramp up their emissions reductions promises and showcase evidence they...
Popular NFT collections take massive price hit in 2023
Some of the most sought-after nonfungible tokens (NFTs) of 2022 have taken a massive hit in value over the past year. The trend mirrors the...
Optimism set to unlock $587M worth of OP tokens, will investors unload?
More than 386 million Optimism (OP) tokens — worth $587 million at current prices — are scheduled to be unlocked on May 31 as the...
Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Bitcoin and the S&P 500 Index (SPX) recovered from their respective intra-week lows to finish last week on a positive note. The recovery was largely driven...
Jimbos Protocol offers deal to hacker, threatens police action
The team behind exploited decentralized finance (DeFi) app Jimbos Protocol has offered a deal to the app’s exploiter: Keep 10% of the funds and return...
AI Eye: 25K traders bet on ChatGPT’s stock picks, AI sucks at dice throws, and more
Almost 25,000 investors have signed up to trade alongside ChatGPT as they follow the GPT Portfolio experiment from copy trading firm Autopilot. The traders have...
Ledger CEO says crypto key recovery service makes self-custody easier
Hardware crypto wallet firm Ledger has faced harsh criticism from the crypto community after announcing its “Recover” service, which is an optional paid feature that...
Another dormant Ethereum wallet reawakens after 8 years, moving millions
An Ether (ETH) wallet that has been inactive in 2015 has suddenly awoken after eight years of dormancy, moving a total of 8,000 ETH in...
Ethereum’s Shanghai upgrade made it easier to detect criminals
With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain. The mechanism now used to confirm transactions relies on validators staking their...
Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow
The United States looks to avoid a catastrophic debt default after the White House and the House Republicans agreed upon a tentative deal on May...
Bitcoin can bring ’cause and consequence into cyberspace’, boost security — Michael Saylor
Bitcoin may be the answer to combat cybersecurity threats driven by artificial intelligence, such as deepfake, said Michael Saylor, executive chairman of MicroStrategy, during a...
Arbitrum-based Jimbos Protocol hacked, losing $7.5M in Ether
Adding to the growing number of decentralized finance (DeFi) protocol hacks in the crypto industry, Jimbos Protocol is the latest to suffer an attack resulting...
FTX 2.0 coming up, Multichain FUD and Worldcoin raises six figures: Hodler’s Digest, May 21-27
Top Stories This Week Binance suspends deposits for bridged tokens, seeks clarity from Multichain team Crypto exchange Binance suspended deposits for 10 bridged tokens following...
Crypto Stories: Cheds recounts how he leaned on crypto during his toughest times
Technical analyst Cheds has dreamed of being a trader since his childhood. However, the journey he had to take to fulfill his dream wasn’t very...
Bitcoin holds 200-week average as trader says ‘inflection point’ is here
Bitcoin (BTC) held its most recent gains into May 27 as traders called for a change in “bearish” market sentiment. BTC/USD 1-hour candle chart on...
The Sandbox CEO’s Twitter was hacked, used to promote alleged ‘airdrop’ scam
Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post...
Bitcoin miner Canaan’s net loss slightly improved in Q1 amid market turbulence
Chinese Bitcoin mining company Canaan reported slight improvements in some of its financial metrics in the first quarter of 2023. The progress, however, is still...
Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?
Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s...
Price analysis 5/26: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin remains pinned below $27,000, and the recent weakness of the past few days has increased calls from analysts for a fall to the low...
Bitcoin nears $27K despite ‘hot’ PCE data sparking June rate hike bets
Bitcoin (BTC) made snap gains at the May 26 Wall Street open as United States macroeconomic data delivered a nasty surprise. BTC/USD 1-hour candle chart...
Binance and Gulf Innova to launch crypto exchange in Thailand in Q4 2023
Cryptocurrency exchange Binance continues expanding its global reach by securing new regulatory approvals in Thailand. Gulf Binance — a joint crypto venture of Binance and...
No ETH to trade? Ethereum exchange balance drops to a 5-year low
The balance of available Ether (ETH) across crypto exchanges dropped to a five-year low on May 26, bringing the total amount of Ether held on...
Bitcoin reaches ‘decision point’ — 4 BTC price metrics to watch
Bitcoin (BTC) has reached a “decision point” for price action, but speculators are in charge, says a new analysis. In findings uploaded to Twitter on...
Chinese TV’s crypto ‘bull run’ report censored, Multichain crisis: Asia Express
Crypto embraced, then forgotten by Chinese state television On May 23, China Central Television (CCTV), the country’s government-owned broadcasting corporation, aired a short, 98-second segment...
RGB protocol may offer solution to Bitcoin’s Ordinals jam, proponent claims
Gideon Nweze, the founder and CEO of the newly launched Digital Bitcoin Art and Assets (DIBA) nonfungible token (NFT) marketplace, believes there’s an alternative way...
This bearish technical pattern hints at a double-digit drop in Bitcoin price
A bearish technical formation has driven down the total crypto market capitalization over the past seven weeks. Bitcoin’s (BTC) 2% decline — and a 1.7%...
Debt ceiling crisis: Best practices to navigate this market
In this week’s episode of Market Talks, Cointelegraph welcomes Mike McGlone, senior macro strategist at Bloomberg Intelligence, which delivers in-depth analysis and data sets on industries...
Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?
Synthetix weekly trading volumes surpassed $1 billion, overtaking decentralized derivatives exchange GMX to become the second-most active platform. The trading volume data from Token Terminal...
Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
Driven by heightened demand for Bitcoin (BTC) block space, fueled by Ordinals inscriptions and the PEPE-fueled BRC-20 memecoin mania, miners have become direct beneficiaries of...
Bitcoin losing its 200-week trendline puts $20K in play — BTC price analysis
Bitcoin (BTC) returned above $26,000 on May 25 after an overnight dip offered a retest of recent lows. BTC/USD 1-hour candle chart on Bitstamp. Source:...
Home loans using crypto as collateral: Do the risks outweigh the reward?
“I’m never gonna bother with that bullshit again,” says Bitcoin OG Michael Tozoni about getting a crypto home loan to invest in property. After becoming...
Circle launches euro-based stablecoin on Avalanche blockchain
Stablecoin issuer Circle has launched Euro Coin (EUROC) on Avalanche, a move that aims to deliver faster and more efficient payments and financial services for...
Account abstraction could change how institutions interact with Ethereum — Safe co-founder
On Episode 21 of Cointelegraph’s Hashing It Out podcast, Elisha Owusu Akyaw talks to Lukas Schor, co-founder and head of ecosystem at decentralized custody protocol,...
Ethereum is ‘woefully undervalued’ but growing more powerful: DeFi Dad, Hall of Flame
DeFi Dad has 152,100 Twitter followers. He’s a DeFi podcaster, head of portfolios at Fourth Revolution Capital and a prolific crypto YouTuber. Who is this...
ETH can be both a security and a commodity, former CFTC commissioner says
Ethereum’s native Ether (ETH) token may be both a commodity and a security, the former commissioner of the United States Commodities Futures Trading Commission has...