Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Not the time to be selling” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering near $62,000 throughout Sunday. The pair had continued a flat period over the
ShibaSwap is currently ranked 9th on all blockchains in terms of total value locked at $2.2 Billion ShibaSwap has eclipsed known protocols such as Venus and Synthetix ShibaSwap is also ranked 10th in 24-hour users at 9,281 SHIB/USDT is still trading below the 50, 100 and 200 moving averages on the 6-hour chart The recently
Bitcoin (BTC) fan, Tesla CEO and world’s richest man Elon Musk says he will sell 10% of Tesla stock (TSLA) — if Twitter tells him to. In a Twitter survey on Nov. 6, Musk entered the debate on United States tax policy by offering to test it with a sale currently worth $23 billion. Twitter
Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is that the very things that capture the imagination of the public
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Daniela Barbosa, general manager for blockchain, healthcare and identity at the Linux Foundation and executive director of Hyperledger.
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European Central Bank. Panetta stressed that both this paradox as well as the need
In December 2020, the Securities and Exchange Commission (SEC) led by Jay Clayton introduced legal action against Ripple Labs for allegedly selling an unregistered security. The case started a chain reaction that caused a crash in the price of XRP, the token that supports the lawsuit, and its delisting from leading crypto exchanges, such as
Nonfungible tokens, or NFTs, have been dominating the crypto market this year. With sales topping over $2.5 billion during the first half of 2021, it shouldn’t come as a surprise that both the crypto community and mainstream creators are launching NFTs in hopes of driving revenue and engagement. The rise of the Metaverse has also
Federal Deputy Luizão Goulart, a Brazilian congressman, proposed a bill to legalize crypto payments as a mode of payment for public and private sector workers. Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies. However, the bill warrants crypto payments to be
Bank of America’s chief operating officer does not see cryptocurrency as competition. Instead, he views it as an asset class, noting that “people like it for all sorts of different reasons.” Bank of America’s COO on Crypto: ‘I Don’t View It as Competition at All’ Bank of America COO Tom Montag talked about cryptocurrency Thursday
Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has grown by leaps and bounds since the Ethereum network went live in July 2015, with Ethereum network transactions growing by 33x to 1.2 million
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week ‘Uptober’ closes at record high in best month of 2021
press release PRESS RELEASE. Recently, LBank Exchange held an AMA session with the Polygon team, discussing Polygon’s achievements, collaborations, NFT and Gaming markets, Nightfall solution, future plans and so on. Here’s the summary of this AMA. Ethereum is the blockchain development platform of choice, but it has limitations such as low throughput, poor UX, and
The team behind interoperable blockchain network Cosmos (ATOM) recently hosted the Cosmoverse Conference live from Lisbon, Portugal. Cosmonauts,#Cosmoverse it’s LIVE! This event is 100% from the community to the community, and we are proud to have our Cosmos Hub Community Pool as the main sponsor! Tune now to the livestream and prepare yourself to dive
In crypto trading we often see entire sectors move in tandem. DeFi coins may all curve upwards together, while metaverse tokens soared on news that Facebook’s getting a Facelift. But this week’s group of top crypto performers have very little in common… except one trading indicator that lit up in pulsating green neon letters before
Ethereum’s top 10 whale addresses are continually accumulating ETH The Ethereum whales now hold 20.58% of ETH’s circulating supply This is the highest percentage they’ve held since May 2017 2.12% of their holdings was accumulated in the last 41 days Ethereum is once again trading below $2k with $1,700 being a support zone to watch