Category: Cryptocurrency

Aug 01
Bitcoin bulls defend $23K amid warning bear market rally ‘alive and well’

BTC price action avoids a disappointing monthly close, but market players are demanding more proof of fundamental strength. Source: Cointelegraph

Aug 01
Best monthly gains since October 2021 — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week and a new month on a cautiously positive footing after protecting crucial levels. After an intense July in which macro factors provided significant volatility, BTC price action managed to provide both a weekly and monthly candle favoring the bulls. The road to some form of recovery continues, and at […]

Aug 01
$200M BitGet BTC-USDT protection fund hints at investor-centric trend

Bitget’s reasoning behind using a combination of a stablecoin and Bitcoin in the protection fund is to counter massive unforeseen volatility in crypto markets. 1257 Total views 14 Total shares With the ultimate goal to regain investor confidence amid a prolonged bear market, crypto derivatives exchange Bitget launched a $200 million fund to safeguard users’ […]

Aug 01
New York AG calls for whistleblowers ‘deceived or affected’ by the crypto market crash

“I encourage workers in crypto companies who may have witnessed misconduct to file a whistleblower complaint,” said New York Attorney General Letitia James. 275 Total views 3 Total shares New York Attorney General Letitia James has opened the doors for investors who may have witnessed misconduct at a crypto firm amid the extreme market volatility […]

Aug 01
Aave DAO approving overcollateralized stablecoin splits crypto community

Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD while defenders pointed out its overcollateralization. 773 Total views 46 Total shares Aave DAO, the governance body behind decentralized finance (DeFi) giant Aave, has voted practically unanimously to create an overcollateralized stablecoin called GHO. Aave Companies introduced the […]

Aug 01
Tiffany & Co turning CryptoPunk NFTs into $50K custom pendants

Luxury jewelry brand Tiffany & Co has announced the sale of 250 diamond and gemstone encrusted pendants for CryptoPunk nonfungible token (NFT) holders.  The handcrafted CryptoPunk pendants were announced by the jewelry brand on Sunday on Twitter, and are priced at 30 Ether (ETH), equivalent to $50,600 each at the time of writing. We’re taking […]

Aug 01
GameFi and Metaverse least affected by Terra debacle: Report

Blockchain games and NFT-related Metaverse projects “managed to sidestep the ensuing bear market” by posting transaction count increases of 9.5% and 27% respect… Source: Cointelegraph

Aug 01
Honduras attracts crypto investor tourists with Bitcoin Valley

Several businesses in the tourist town of Santa Lucia are now accepting Bitcoin payments in the hopes it can spur tourism spending. 548 Total views 11 Total shares A small tourist town in Honduras has begun accepting Bitcoin payments as part of the “Bitcoin Valley” initiative designed to increase tourism revenue across 60 local businesses. […]

Aug 01
Blockchain security firm warns of new MetaMask phishing campaign

Blockchain security firm Halborn has warned users of the latest phishing emails doing the rounds. 373 Total views 2 Total shares A cybersecurity firm has issued warnings over a new phishing campaign targeting users of the popular crypto wallet MetaMask. In a July 28 post written by Halborn’s technical education specialist Luis Lubeck, the active […]

Jul 31
Bitcoin price eyes $24K July close as sentiment exits ‘fear’ zone

The relatively good times could continue next month, one prediction says after July manages to reverse the worst of the 2022 crypto downturn. 8880 Total views 31 Total shares Bitcoin (BTC) dropped volatility on the last weekend of July as the monthly close drew near. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week moving average […]