Tag: cointelegraph

Oct 25
Ecosystem is bullish on the metaverse, no matter what the numbers imply

Despite the reports surfacing of low numbers of unique active wallets on Decentraland, the metaverse hype, investment and development go on. Source: Cointelegraph

Oct 25
Bitcoin price crosses $20K as daily crypto short liquidations pass $400M

Bitcoin (BTC) spiked above $20,000 on Oct. 25 as risk assets benefited from new U.S. dollar weakness. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin taps three-week highs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $20,191 on Bitstamp. The move came in tandem with rising United States equities, these in […]

Oct 25
Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA

Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote. 2232 Total views 17 Total shares Despite the ongoing cryptocurrency bear market, investors have been increasingly looking at Bitcoin (BTC) as a safe haven, a new study suggests. The rise in the […]

Oct 25
British MP Lisa Cameron on Bitcoin and UK becoming international crypto hub

In an exclusive interview with Cointelegraph, U.K. Member of Parliament Lisa Cameron said there is a “vision” that the U.K. will become an international hub of crypto and digital assets. 1414 Total views 10 Total shares The United Kingdom could be warming to Bitcoin (BTC) and crypto. Taking a timeout from Scotland’s first major Bitcoin […]

Oct 25
WhatsApp down again? Google Trends spike after the outage

Some two billion WhatsApp users were left without service on Oct. 25 as the biggest messaging application worldwide went offline. Meta, the owner of Facebook and WhatsApp, is yet to clarify what led to the outage. Users took to social media platforms like Twitter to share hilarious memes about the outage, with many flocking to […]

Oct 25
Zuckerberg’s $100B metaverse gamble is ‘super-sized and terrifying’ — shareholder

In an open letter, Altimeter Capital’s CEO and founder recommended the tech giant cut its metaverse investments from $10-15 billion a year to $5 billion. 2724 Total views 86 Total shares A shareholder’s open letter to Meta CEO Mark Zuckerberg has labeled the tech giant’s investment into the Metaverse as “super-sized and terrifying.” The shareholder […]

Oct 25
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG

Hong Kong and Singapore’s wealthy elite appear to be looking at digital assets with fervor after a new report from KPMG suggesting over 90% of family offices and high-net-worth individuals (HNWI) are interested in investing in the digital assets space or have already done so.  According to an Oct. 24 report from KPMG China and […]

Oct 25
Investors are loving SEC’s crypto industry crackdown, according to survey

Critics have called out the SEC’s “regulation by enforcement” tactics, but to some investors, it’s a positive sign they’re seeing to invest in digital assets. 365 Total views 3 Total shares The United States Securities and Exchange Commission’s (SEC’s) more-than-enthusiastic crackdown on the crypto industry is being seen as a positive signal for the majority […]

Oct 24
FTX to give a ‘one-time’ $6M compensation to phishing victims

FTX founder Sam Bankman-Fried said the exchange won’t be “making a habit of compensating” users that are “phished by fake versions of other companies.” 3095 Total views 47 Total shares Cryptocurrency exchange FTX will provide around $6 million in compensation to victims of a phishing scam that allowed hackers to conduct unauthorized trades on certain […]

Oct 24
Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip

Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hang Seng drops most since 2008 Data from Cointelegraph Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of $19,700 overnight. […]