Category: Cryptocurrency
BTC price action sees a new October peak amid a declining U.S. dollar and a successful prior day’s trading for U.S. equities. 2432 Total views 53 Total shares Bitcoin (BTC) saw its first trip above $20,000 on Oct. 4 as traders expected familiar resistance to cap gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Multi-week […]
The Latin Grammy Awards is stepping into Web3 through its first NFT collection in collaboration with the OneOf Web3 music platform. 821 Total views 19 Total shares This year’s 64th Latin Grammy Awards will have its first-ever nonfungible token collection after the Latin Recording Academy signed a three-year contract for award show-related NFTs. The aforementioned […]
The Ethereum netflow chart shows that the spike in exchange flows often comes when the price of ETH is trading at a short-term or long-term low. 1574 Total views 36 Total shares The exchange netflow of Ether (ETH) over the past couple of years highlights a behavioral pattern among Ether whales that market analysts believe is […]
The comments period has ended for the Basel Committee on Banking Supervision’s (BCBS’s) “Second Consultation on the Prudential Treatment of Cryptoasset Exposures,” a document published in June 2022. International financial associations had a lot to say in response. Several did so at once in a joint 84-page comment letter released on Oct. 4. In addition, […]
Ganesh Swami, CEO of blockchain data aggregator Covalent says there continues to be an “intense demand” for on-chain data analysts, that is yet to be satisfied. Speaking to Cointelegraph, Swami said that analysts are in “intense demand” as there’s a “real need” for data experts to “make sense” of on-chain data, explaining: “There is an […]
Some pointed out the regulator’s supposed hypocrisy, others told crypto-influencers to lawyer up, while a few poked fun at the reality TV star. 1678 Total views 24 Total shares The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX). The United […]
Nonfungible token (NFT) artist Mike “Beeple” Winkelmann has found himself the target of phishing scammers yet again, warning users that the URL link to his official Discord server was “hacked” — sending unaware new members to a wallet-draining Discord channel if they follow the link. In an Oct. 3 post, the NFT artist warned users […]
Minor inflows for digital asset investment products over the last few weeks suggest a “continued hesitancy” towards crypto amongst institutional investors amid a slowdown of the U.S. economy. In the latest edition of CoinShares’ weekly “Digital Asset Fund Flows” report, Coinshares head of research James Butterfill highlighted stand-offish institutional sentiment towards crypto investment products, which […]
Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by the USD. 283 Total views 13 Total shares Stablecoin issuer Tether (USDT) has nearly completely slashed its commercial paper holdings, with less than $50 million worth […]
Some are arguing that it would be healthy to admit that Ether staking is not for everyone yet. 4767 Total views 143 Total shares After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some community members believe that the staking […]
