Category: Cryptocurrency

Oct 15
Texas authorities object to Voyager’s disclosure statement in its current form

The Texas state authorities, SSB and DOB, argued that Voyager fails to explain the methodology used to calculate the average coin prices, among others. 1332 Total views 34 Total shares The Texas State Securities Board (SSB) and the Texas Department of Banking (DOB) raised an objection in court against Voyager Digital’s disclosure statement, questioning the […]

Oct 15
Price analysis 10/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC

The United States Consumer Price Index (CPI) increased 8.2% annually in September, beating economists’ expectations of an 8.1% rise. The CPI print lived up to its hype and caused a sharp, but short-term increase in volatile risk assets.  The S&P 500 oscillated inside its widest trading range since 2020 and Bitcoin (BTC) also witnessed a […]

Oct 15
NFT Steez and Cryptoys CEO discuss the future of toys within Web3 environments

On Oct. 14, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with the founder of Cryptoys, Will Weinraub to discuss the current role of play and toys in regard to their integration with nonfungible tokens and Web3 as a whole.  Weinraub believes that the act of play is “not […]

Oct 14
3 emerging crypto trends to keep an eye on while Bitcoin price consolidates

This week, Bitcoin’s (BTC) price took a tumble as a hotter-than-expected consumer price index (CPI) report showed high inflation remains a persistent challenge despite a wave of interest rate hikes from the United States Federal Reserve. Interestingly, the market’s negative reaction to a high CPI print seemed priced in by investors, and BTC’s and Ether’s […]

Oct 14
Bitcoin ‘bear trap’ sees BTC price near $20K as daily gains top 9%

Bitcoin (BTC) delivered more surprises on Oct. 14 as the reaction to macro triggers saw a sudden run at $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks, crypto smoke shorts Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to one-week highs, gaining almost $2,000 in hours. After the United States Consumer Price […]

Oct 14
Blockchain​.com closes crypto custody for Russians amid EU sanctions

Crypto wallet provider Blockchain.com is the latest company to soon cease to provide services to Russian nationals due to the latest sanctions by the European Union. Blockchain.com has notified its users that it’s going to shut down accounts of Russian nationals in two weeks, the local news agency RBC reported on Oct. 14. According to […]

Oct 14
Community discusses why inflation isn’t pushing more people to crypto

A community member started a discussion on r/cryptocurrency on why inflation isn’t pushing more people into the crypto space. 1511 Total views 36 Total shares While some anticipate that more people will naturally get into crypto due to inflation, the reality is far from some community members’ expectations. A discussion in the r/cryptocurrency subreddit highlighted […]

Oct 14
Ukrainian art museum to preserve art and cultural heritage through NFT auction

The Kharkiv Art Museum launched a new NFT collection on the Binance NFT marketplace to help raise funds for operations and the preservation of cultural heritage. 642 Total views 17 Total shares As the Web3 space expands, nonfungible token (NFT) use cases continue to develop past the hyped days of stagnant digital art collections. However, […]

Oct 14
IOSCO demands tighter scrutiny over ‘finfluencers’

The International Organization of Securities Commissions proposed a set of new measures to address the increasing risks in digital marketing. 572 Total views 58 Total shares The Board of the International Organization of Securities Commissions (IOSCO) believes regulators on both national and international levels need more power to address increasing risks and challenges from the […]

Oct 14
CoinShares’ Twitter bot gives a ‘fair price’ on NFTs… or does it?

Digital asset manager CoinShares has launched an experimental Twitter bot that will, in theory, enable users to check the estimated fair market value of specific nonfungible tokens (NFTs), though a few have been less than enthused about the estimates given.  The firm announced the bot dubbed CoinSharesNFTAI via Twitter on Oct. 13 and outlined that […]