Tag: cointelegraph

May 26
BTC price breakout due ‘relatively soon’ as Bitcoin volumes spook traders

Bitcoin (BTC) disappointed bulls on upside prior to the May 26 Wall Street open as BTC/USD returned under $29,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Markets “eerily calm” post FOMC Data from Cointelegraph Markets Pro and TradingView tracked an uninspiring day for Bitcoin, with $800 of losses coming in a single hourly candle several hours […]

May 26
WEF 2022: SWIFT probably won’t exist in 5 years, says Mastercard CEO

Michael Miebach, CEO of Mastercard, told an audience of blockchain executives that he expects SWIFT to phase out of existence in as little as five years’ time. 3778 Total views 167 Total shares Mastercard CEO Michael Miebach said on Tuesday that he does not expect SWIFT, one of the most widely used platforms for cross-border […]

May 26
Exchanges back ‘Terra 2.0 revival plan’ via airdrops, listing, buyback and burning

MEXC Global has pledged to carry out a month-long buyback-and-burn to reduce the circulating supply of the old Terra markets. 4003 Total views 12 Total shares The fall of Terra shook the entire crypto market. However, the project has no plans to stay down, having secured backing from crypto exchanges to help it rebuild.  In […]

May 26
Nvidia shares plunge after Q1 figures, crypto mining card revenue ‘nominal’

Graphics card giant Nvidia reported “nominal” sales of its crypto mining chips and expected overall revenues to be down in Q2, which drove down its share price. 1439 Total views 33 Total shares American graphics card manufacturer Nvidia’s stock price tumbled in after-hours trading on Thursday because the revenue outlook for Q2 has fallen short […]

May 26
Developing countries love the Metaverse, rich nations not keen: WEF survey

Developing countries have more than double the amount of people positive that the Metaverse will impact their lives and they’d use it daily in comparison to developed countries. 992 Total views 31 Total shares Excitement for the Metaverse and virtual or augmented reality (VR/AR) is much greater in developing countries than in high-income countries according […]

May 26
Ethereum Beacon Chain experiences 7 block reorg: What’s going on?

“This reorg is not an indicator of a flawed fork choice, but a non-trivial segmentation of updated vs out of date client software” suggested Core Ethereum developer Preston Van Loon. 1261 Total views 37 Total shares Ahead of the Merge tentatively penciled in for August, Ethereum’s Beacon Chain experienced a seven-block reorganization (reorg) yesterday. According […]

May 25
NFT owners reminded to be vigilant after 29 Moonbirds were stolen by clicking a bad link

A malicious link netted a scammer $1.5 million worth of Moonbird NFTs from a Proof Collective member. 2084 Total views 21 Total shares A Proof Collective member has fallen victim to a scam, losing 29 highly-valuable Ethereum (ETH)-based Moonbirds. According to a tweet by Cirrus on Wednesday morning, the victim lost 29 Moonbird nonfungible tokens […]

May 25
Exchanges show initial support to Terra revival by listing new LUNA token

HitBTC plans to list Terra’s brand new token LUNA on May 27 as the suspended Terra Classic blockchain is expected to revive as Terra 2.0. Source: Cointelegraph

May 25
WEF 2022: Satoshi Nakamoto could be a woman, says Meta VP Nicola Mendelsohn

GBBC’s CEO also highlighted the need for female representation in crypto trading and claimed “bro culture” is prevalent. 1882 Total views 20 Total shares The fourth day of the ongoing World Economic Forum saw major discussion around the role of women in Web3 and how the decentralized ecosystem can be a place for inclusivity. Women […]

May 25
Bitcoin ‘finally’ due for $32.8K as long-term BTC price metric flashes overvalued

Bitcoin (BTC) briefly returned to $30,000 before the May 25 Wall Street open as range adherence lingered. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: BTC should challenge 2-week highs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD managing to hit $30,189 on Bitstamp before consolidating back under the $30,000 mark. While appearing uninspiring […]