Today at Chaintalk News

August 14, 2022

Deep Look Into Bitcoin Mining

By Kinsei

Deep Look Into Bitcoin Mining

Matt D’Souza understands bitcoin mining inside and out and proved it during his talk at the Crypto Asia Summit. Matt went deep into the fundamentals

May 22, 2020 8:53 pm

cryptocompare

The SOL goes on – All the reasons behind Solana’s latest uptick

SOL has been progressing well on the charts over the last few days. In fact, Solana’s governance token has hiked by 9.40% in the past 24 hours, according to CoinMarketCap. A lot of individual appreciation, in tandem with the general recovery of crypto-assets since mid-July, has contributed to the same. However, another reason behind the […]

cryptocompare

Bitcoin Is The Hills

The hills once provided a check on the overreaches of state-making. Today, Bitcoin provides that check.

cryptocompare

Cardano price analysis: ADA rides bullish wave as buyers target $0.58 next

Cardano price analysis reflects a bullish bias that is likely to take the pair above $0.58 over the weekend. The hourly charts are laden with green candlesticks for the day. The bulls are driving the price action higher on the back of low volatility and testing the higher resistance at $0.57 price level. Buyers are … Cardano price analysis: ADA rides bullish wave as buyers target $0.58 next Read More »

cryptocompare

Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates

It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrencies and using them in payments for imports is not against the law in the Islamic Republic. Top Banker Confirms Crypto Trading Still Illegal in Iran […]

cryptocompare

Coinbase Warns Polygon (MATIC) and Other Scaling Solutions Pose a Threat to Ethereum (ETH) Price – Here’s Why

Crypto exchange Coinbase is analyzing the impact that scaling solutions could have on the Ethereum (ETH) blockchain. In a research report, Coinbase says that layer-2 scaling solutions (L2s) could cannibalize Ethereum’s revenue. “The future of L2s could very well be a zero-sum game, as whichever L2 houses the majority of decentralized applications could one day […]The post Coinbase Warns Polygon (MATIC) and Other Scaling Solutions Pose a Threat to Ethereum (ETH) Price – Here’s Why appeared first on The Daily Hodl.

cryptocompare

Top 3 Metaverse Crypto Coins Below $0.001 to Watch in August 2022

Metaverse crypto coins remain some of the most popular niche cryptocurrencies on the market. There are dozens of Metaverse and NFT projects available, and despite the eight-month-long bear market, these projects continue to build their ecosystems and innovate. Today we look at NullTX’s pick of the top three Metaverse crypto coins with a unit price […]The post Top 3 Metaverse Crypto Coins Below $0.001 to Watch in August 2022 appeared first on NullTX.

cryptocompare

Identifying what’s really in store for Bitcoin miners right now

As the crypto-winter severely affected the price of all cryptocurrencies, the mining industry also suffered a great loss. Bitcoin miners struggled to generate a profit over the last few months thanks to the same. In fact, soaring electricity prices across the globe were also to blame for this situation. However, Glassnode’s latest datasets seem to […]

cryptocompare

Dogecoin price analysis: DOGE swiftly reacts at $0.075 again, another move lower next?

Dogecoin price analysis is bearish today as we have seen another strong push higher rejected at the $0.075 resistance. Therefore, we expect DOGE/USD to reverse soon and look to make set another local lower high. The market has traded with bullish momentum over the last 24 hours. The leader, Bitcoin, gained 1.33 percent, while Ethereum … Dogecoin price analysis: DOGE swiftly reacts at $0.075 again, another move lower next? Read More »

cryptocompare

Bitcoin price analysis: BTC ready for big short as bulls knock on $25k

Bitcoin price analysis shows that the pair is readying for its next turn of events which can either be extremely bullish or bearish. As the BTC/USD pair touches $24,900 barrier, the bulls are elated for higher levels and the bears are busy preparing for the next onslaught. The major cryptocurrency is ripe for its next … Bitcoin price analysis: BTC ready for big short as bulls knock on $25k Read More »

cryptocompare

Aggregate open interest of ether options hits all-time high

The spike is happening as Ether has surged by 15% over the past week.

cryptocompare

TA- The Price Of Axie Infinity Struggles Despite Crypto Relief Rally

The price of Axie Infinity (AXS) has struggled recently with a few bullish signs against Tether (USDT) despite market sentiments around the project. As a result of the “Merge” sentiments, this has led to many altcoins showing relief rallies and newer altcoins making all-time highs; the price of Axie Infinity has struggled to rally despite many expectations on AXS holders. Related Reading: Ethereum Market Observes Pileup Of Leverage As ETH Breaks $2k The Merge is an upgrade on the Ethereum network from Proof-Of-Work (POW) to Proof-Of-Stake (POS) to increase its network efficiency in transactions. (Data feeds from Binance) Axie Infinity (AXS) Price Analysis On The Weekly Chart From the chart, the price of AXS saw a weekly low of around $14.2, which bounced from that area and rallied to a price of $18. The price has built more momentum as it faces resistance at $19.3. If the price of AXS on the weekly chart continues with this structure, it could quickly revisit $18, acting as a good support area for buy bids. Weekly resistance for the price of AXS – $19.3. Weekly support for the price of AXS – $14. Price Analysis Of AXS On The Daily (1D) Chart The price of AXS found strong support at around $17.5, which seems to be an area of interest on the daily chart. AXS bounced from its support and has rallied as it faces resistance at $19.3. The price of AXS has continued to range in a channel; breaking out of this channel coul...

cryptocompare

Tornado Cash Governance Token TORN Shudders More Than 57% Since the US Government Ban

Amid the crackdown against Tornado Cash, associated addresses, contributing developers, and anyone who uses the mixing platform, the project’s governance token called TORN has shuddered in value. TORN is an ERC20 with a fixed supply that is leveraged for governance proposals and voting. During the last seven days, the Tornado Cash governance token has lost […]

cryptocompare

Ethereum [ETH]: Read this before you decide to cash in on that FOMO

There is undeniable excitement in the market as the Ethereum Merge draws closer. The same is evident in ETH’s price action too, with the same managing to rally back above the $2,000-price level. Now, it is easy to get caught up in the hype and the FOMO, but ETH traders should be wary of potential […]

cryptocompare

Coinbase posts $1.1B loss, Polygon DApps rocket 400% in 2022 and Elon Musk says inflation is on the decline: Hodler’s Digest, Aug 7-13

cointelegraph

Coinbase posts $1.1B loss, Polygon DApps rocket 400% in 2022 and Elon Musk says inflation is on the decline: Hodler’s Digest, Aug 7-13

cryptocompare

FTX and Paradigm Join Forces to Unveil Crypto Futures Spread Trading

Paradigm CEO Anand Gomes expects that the client base and product expertise of both companies may lead to more collaborations and new product offerings further down the road.

cryptocompare

Here’s What Could Trigger Bitcoin and Ethereum Surge to All-Time Highs, According to Crypto Veteran Bobby Lee

Cryptocurrency veteran Bobby Lee says he remains bullish on Bitcoin (BTC), Ethereum (ETH) and the wider crypto market despite the recent downturn. In an interview with Bloomberg, Lee says that if the predictions for a severe crypto winter fail to materialize, Bitcoin and Ethereum will easily go back to their all-time highs recorded in November […]The post Here’s What Could Trigger Bitcoin and Ethereum Surge to All-Time Highs, According to Crypto Veteran Bobby Lee appeared first on The Daily Hodl.

cryptocompare

This Platform Burns 4.7 Billion SHIB, Planning to Surpass July with August Burns: Details

This SHIB burner has already destroyed more than 4.7 billion meme tokens since last year

cryptocompare

Investors, look at ‘Burning’ SHIB’s latest buying spree on Coinbase

The crypto-market’s latest recovery efforts have pushed many of the industry’s top cryptocurrencies to monthly highs. However, the case of popular memecoin Shiba Inu [SHIB] seems a little different. Not only has SHIB found it hard to register a double-digit uptick over the last seven days, but it has also struggled to hike by single […]

cryptocompare

BNB Price Analysis: Prices Flash Reversal Signs Again; Buy This Dip?

The BNB/USDT pair has showcased a constant rally for nearly two months and marked a record high of $336.67. Concerning the June 18th low of $184.5, the altcoin registered an 82.76% gain as it knocked out multiple in-between resistance. Furthermore, the altcoin testing another resistance of $330 indicates the buyers are aiming for a leg The post BNB Price Analysis: Prices Flash Reversal Signs Again; Buy This Dip? appeared first on CoinGape.

cryptocompare

Why Justin Sun Was Blocked From This Ethereum DeFi Protocol

Diplomat and founder of the TRON network, Justin Sun, confirmed that one of his addresses was blocked from using the Ethereum decentralize finance (DeFi) protocol Aave. Via Twitter, Sun claimed that he received 0.1 ETH from Tornado Cash leading to his address being added and blocked by the protocol. Related Reading: Crypto Billionaire Sam Bankman-Fried, […]

cryptocompare

Ethereum Market Observes Pileup Of Leverage As ETH Breaks $2k

Data shows a large amount of leverage has been piling up in the Ethereum futures market as the price of the crypto breaks above $2k. Ethereum Open Interest Surges To Highest Value In Last 4 Months As pointed out by an analyst in a CryptoQuant post, the ETH futures market has seen the leverage sharply going up recently. The “open interest” is an indicator that measures the total number of Ethereum futures contracts currently open in all derivatives exchanges. When the value of this metric rises up, it means investors are opening up more positions on the market right now. Since more futures positions imply that leverage is also going up in the market, such a trend can lead to higher volatility in the price of the coin. On the other hand, lowering values of the indicator suggest holders are closing up their positions at the moment. This kind of trend can result in a less volatile value of ETH. Related Reading: Bitcoin Bearish Signal: Whales With 1k-10k BTC Depositing To Exchanges Now, here is a chart that shows the trend in the Ethereum open interest over the course of 2022 so far: Looks like the value of the metric has shot up in recent days | Source: CryptoQuant As you can see in the above graph, the Ethereum open interest has observed some sharp uptrend during the past couple of weeks. The indicator has now reached a value of 7.4 billion, the highest it has seen during the last four months. However, there is a...

cryptocompare

Tornado Cash Linked Sanctioned Addresses Blocked by Aave

Reputable ENS addresses apparently got 0.1 ETH from sanctioned addresses. A Tornado Cash developer was apprehended in the Netherlands yesterday.

cryptocompare

Cardano Flips XRP As ADA Hits 2-Month High, Outperforming Crypto Majors En Route to $1

ADA is recently gaining momentum as it goes further up the 'Top 10' list of largest cryptocurrencies.

cryptocompare

Brazilian Crypto Platform Halts Withdrawals, Scam Or Hack?

In a shocking revelation, a Brazilian crypto lending company announced halting of withdrawals due to an attack. A company representative of BlueBenx said the company suffered a hack worth $32 million. The company promised users of delivering high returns by investing in cryptocurrencies. This is leading to questions on whether the alleged Brazil crypto scam The post Brazilian Crypto Platform Halts Withdrawals, Scam Or Hack? appeared first on CoinGape.

cryptocompare

Anthony Scaramucci Warns Against Emotional Trading, Predicts Massive Gains for Bitcoin in Coming Years

SkyBridge Capital founder Anthony Scaramucci tells crypto investors to avoid knee-jerk reactions as he predicts a huge price tag for Bitcoin (BTC) in the coming years. In a new interview with CNBC, the hedge fund veteran cautions investors to “see through the current environment” and resist emotion-based trading. “You’re getting better-than-expected inflation data… I was […]The post Anthony Scaramucci Warns Against Emotional Trading, Predicts Massive Gains for Bitcoin in Coming Years appeared first on The Daily Hodl.

cryptocompare

Axie Infinity Surpasses $4 Billion in All-Time Sales, Team Removes SLP Rewards From Classic Game Mode

After recording more than $4 billion in all-time sales, Axie Infinity announced the game’s classic mode will no longer allow users to obtain smooth love potion (SLP), as SLP rewards have been added to the new Origin ranked gameplay mode. The team also introduced non-fungible token (NFT) runes and charms that can be minted on […]

cryptocompare

Tornado Cash: Down by >50%, are sanctions an opportunity for TORN holders

Following an announcement dated 8 August, the Office of Foreign Assets Control (OFAC) barred U.S. residents from using Tornado Cash. By doing so, the agency added it to its Specially Designated Nationals list. Giving reasons for its decision, the U.S. Treasury Department stated that Tornado Cash provided a platform for laundering “proceeds of cybercrimes, including those […]

cryptocompare

Velodrome says team member stole $350,000 from the project’s wallet

Velodrome says "Gabagool," a known crypto personality and one of its former team members, was responsible for stealing $350,000 in August hack.

cryptocompare

Michael Saylor “I’d Rather Win in Volatile Fashion Than Lose Slowly, Sell your Gold”

Microstrategy’s Former CEO Michael Saylor pointed out in a recent interview for Stansberry Research that he would rather win in a volatile fashion than lose slowly. Saylor continues to say that the volatility will only impact short-term investors and public companies. Bitcoin has outperformed every single company on the stock market in a longer timeframe. MicroStrategy’s Former CEO and well-known Bitcoin advocate Michael Saylor addressed in a recent interview with Stansberry Research that he still believes in Bitcoin in the […]

cryptocompare

The Central Bank of Russia plans to launch the digital ruble in 2024

The Bank of Russia continues to advance the deployment of the central bank digital currency (CBDC), with an official launch of the digital ruble scheduled for the coming years. The Bank of Russia will start connecting all banks and credit institutions to the digital ruble network in 2024, according to the most recent monetary policy statement from […]The post The Central Bank of Russia plans to launch the digital ruble in 2024 appeared first on Blockchain, Crypto and Stock News.

cryptocompare

Litecoin buyers, look out for the implications of this bullish crossover

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin [LTC]’s recent buying resurgence resonated with the market-wide recovery while the price approached a critical juncture on the chart. In the meantime, the revival above the 20/50 EMA provoked a bullish crossover on these […]

cryptocompare

Chainlink (LINK) Price Prediction 2025-2030: LINK to $500 by 2030?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Chainlink [LINK] had gained by more than 10% in 24 hours, at press time. Enticing, but a drop in the bucket compared to what it lost in the crypto-winter […]

cryptocompare

Celsius Users Fight It Out With Crowdfunding For This Battle

After Celsius filed for bankruptcy last month, the crypto community was in disarray with severe drop in prices. In recent times, Celsius users have been uniting to stage a fight for the return of their funds. Interestingly, the user community is increasingly getting involved in pursuit of legal fight. They have been using various channels The post Celsius Users Fight It Out With Crowdfunding For This Battle appeared first on CoinGape.

cryptocompare

FTX US President Says Crypto Winter Is ‘Starting To Thaw’

In a recent interview, Brett Harrison, who is President of FTX.US, explained why he believes that crypto winter may be over soon. During an interview with Emily Chang, the anchor of daily show “Bloomberg Technology”, Harrison was asked about a recent deal between Coinbase and BlackRock, which is the world’s top asset management firm by […]

cryptocompare

DOT Price Analysis: Post-retest Rally Aims For 25% Jump; Buy Now?

The $8.85 breakout rally aligned with decreasing volume indicates a loss of bullish momentum. Thus, a retracement to this breach resistance is plausible, which may offer a suitable launchpad for buyers to resume the ongoing recovery. Anyhow, Under the influence of a rounding bottom pattern, the DOT price should rise to the $11.8 mark. Key The post DOT Price Analysis: Post-retest Rally Aims For 25% Jump; Buy Now? appeared first on CoinGape.

cryptocompare

Heatwave Causes Texas BTC Miners to Slow Down

There is a rapid heatwave spreading through the state of Texas. This means everybody’s air conditioning units are going to be on, and electricity is going to be short. As a result, crypto miners in the Lone Star state are expected to shut down here and there to at least calm their operations for a...The post Heatwave Causes Texas BTC Miners to Slow Down appeared first on Live Bitcoin News.

cryptocompare

Founder of Crypto Exchange Giant Huobi in Talks To Sell His Shares for Over $1,000,000,000: Report

The founder of crypto exchange platform Huobi is reportedly looking to sell his shares of the Seychelles-based firm for a over billion dollars. According to a new report by Bloomberg, Huobi founder Leon Li is in talks with investors to sell about 60% of his stake in the company that’s seeking a valuation of $3 […]The post Founder of Crypto Exchange Giant Huobi in Talks To Sell His Shares for Over $1,000,000,000: Report appeared first on The Daily Hodl.

cryptocompare

Michael Saylor: Why Getting Into Bitcoin in Aug 2010 Was the Right Move for Our Firm

In a recent interview with Daniela Cambone, Editor-at-Large and Anchor at Stansberry Research, Michael Saylor, Co-Founder and Executive Chairman of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR) addressed his critics. It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase price of $250 million” to use as […]

cryptocompare

Polkadot (DOT) Price Prediction 2025-2030: Will DOT go as high as $200 in 2030?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Have you ever been criticized for your faith in a project that is doing all the work behind the scenes but is ambivalent on the chart itself? Well, […]

cryptocompare

Martin Shkreli’s New Token Drops 90%, Rug Pull Suspected

The price fell when a mysterious wallet dumped a large quantity of the cryptocurrency. Martin Shkreli Inu has been linked

cryptocompare

LTC Price Analysis: Bearish Pattern Lurking on Litecoin; is it Worth Holding?

Amid the recent recovery sentiment in the crypto market, the LTC/USDT pair bounced back from the $40.68 low. Furthermore, the bull run shows a set of new higher and higher lows within a rising wedge pattern. Though this pattern puts altcoin under reversal threat, a breakout possibility may turn the tables around. Key points: With The post LTC Price Analysis: Bearish Pattern Lurking on Litecoin; is it Worth Holding? appeared first on CoinGape.

cryptocompare

Is Privatixy Protocol The Answer To Data Breaches In Solana and Axie Infinity?

Data breaches have become common in crypto. Solana (SOL) was the latest victim in a spate of attacks aimed at stealing funds.Continue reading Is Privatixy Protocol The Answer To Data Breaches In Solana and Axie Infinity? at DailyCoin.com.

cryptocompare

What these divergences mean for LDO’s waning buyers’ interest

With the Ethereum Merge just a few weeks away, happenings around the number one protocol facilitating the staking of ETH – Lido Finance – have become more interesting. Data from Santiment revealed that over the last few months, Lido’s native token, LDO, exhibited divergences in some of its on-chain metrics. In fact, according to Santiment, […]

cryptocompare

Binance CEO Says Exchange Recovered $450 Million From the Curve Finance Attack

Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million siphoned from the application on August 9. Binance Boss Says Exchange Froze 83% of the Curve Finance Hack Funds, Domain Provider Says Exploit Was DNS […]

cryptocompare

Norwegian BTC Miner Moves Beyond the Arctic Circle to Cut Energy Costs (Report)

Electricity prices are much lower in northern Norway, which is why the BTC miner Kryptovault AS is willing to move its activities there.

cryptocompare

Three biggest stories from past week in the crypto space

This week saw the successful final Ethereum testnet merge, BlackRock launching a bitcoin product and Tornado Cash sanctioned by the US.

cryptocompare

Tron’s Justin Sun Blocked By Aave Due to Tornado Cash Transaction

Tron’s co-founder Justin Sun’s account was blocked on Aave this Saturday. According to Sun, the account was blocked after he randomly received 0.1 ETH from Tornado Cash. De-fi Protocol Aave has not issued a statement as of yet. A lot has happened since the U.S Government sanctioned Tornado cash, the mixing token that makes Ethereum transactions untraceable, on August 8. Following the sanction, an arrest took place later on August 10 by Dutch Authorities in the Netherlands, where a suspected […]

cryptocompare

Binance Coin (BNB) Price Prediction 2025-2030: Is $3K by 2030 possible?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Hey, do you hold crypto? If yes, how much thought did you give to the prospect of holding BNB? Not much? Well, here’s something to ponder upon. Back […]

cryptocompare

CFTC Files Charges Against Mastermind Of $12 Million Bitcoin Ponzi Scheme

The Commodities Futures Trading Commission (CFTC) has filed charges against an Ohia man and his companies for misappropriating more than $12 million from customers in a cryptocurrency-fueled Ponzi scheme.

cryptocompare

Bitcoin, Ether, Cardano Close Higher For Third Consecutive Week As Economic Indicators Improve

Although there is still some uncertainty as to where crypto prices could head in the short term, most investors remain bullish long-term.

cointelegraph

Ethereum hits 8-month highs in BTC as money heads for 'riskier' altcoins

Liquidity is strong on alt markets as Bitcoin gives way to Ethereum after a battle which has raged throughout 2022.

cointelegraph

Ominous Solana technicals hint at SOL price crashing 35% by September

Solana is tailing broader crypto market trends while battling concerns about repeated network outages and centralization.

cointelegraph

Countries where Bitcoin (BTC) is legal

Read this article to know why El Salvador and the Central African Republic (CAR) have adopted Bitcoin as a legal tender.

cointelegraph

Metaverse still not ready for virtual weddings and legal proceedings

Since the legislative framework surrounding the Metaverse is quite gray, experts still don’t see the technology being used to settle legal issues.

cointelegraph

Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?

Takeover rumors and an ongoing short squeeze help CEL price rally but is there enough momentum for more upside?

cointelegraph

The Merge: Top 5 misconceptions about the anticipated Ethereum upgrade

Clear the fog around the most significant upgrade in the history of Ethereum, The Merge. Here are five misconceptions that stand out among the rest.

cointelegraph

Bitcoin traders still favor new $20K lows as Ethereum hits $2K

It is high time for a deeper retracement on the "relief" rally in Bitcoin, say commentators, but upside targets of $28,000 stay on the table.

cointelegraph

Bitcoin mining revenue jumps 68.6% from the lowest-earning day of 2022

Since July 2022, the Bitcoin ecosystem recovered across numerous determinants, including miners’ revenue in dollars, network difficulty and hash rate.

cointelegraph

Talking with Eva Kaili, VP of the European Parliament, on MiCA regulation

The vice president of the European Parliament shares her perspective on the European Union’s Markets in Crypto-Assets legislation and how it would affect the industry.

cointelegraph

Indian authorities freeze more crypto funds over money laundering allegations

The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld’s Indian branch until the exchange can account for the criminal proceeds it transferred out of the country.

cointelegraph

Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined

Majority of the DeFi tokens in the top-100 traded in green along with rest of the market in the wake of new CPI data release and several tokens registered doubled digit gains.

cointelegraph

Crypto Biz: A Futurist take on crypto

The 2022 Blockchain Futurist conference in Toronto, Canada wrapped up this week. DeFi and institutional adoption of crypto were high on the agenda.

cointelegraph

Price analysis 8/12: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX

Bitcoin and many altcoins are carving out bottoming patterns as sentiment across the crypto and equities markets continues to improve.

cointelegraph

Uzbekistan blocks access to foreign crypto exchanges over unregistered trading

The national regulator urges the industry players to comply with the local legislation.

cointelegraph

Tornado Cash DAO goes down without explanation following vote on treasury funds

Github, Circle, dYdX, Alchemy, and Infura... All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions.

cointelegraph

Crypto markets bounced and sentiment improved, but retail has yet to FOMO

The total crypto market capitalization is rising toward $1.25 trillion, but an assortment of metrics show retail and institutions are not ready to “ape.”

cointelegraph

Mailchimp bans crypto content creators without prior notice

The email marketing service provider temporarily suspended crypto-related accounts due to alleged terms of service violations.

cointelegraph

Fallout from crypto contagion subsides but no market reversal just yet

With some areas of the blockchain space showing signs of a potential bottom, July showed that the market remains in a cautionary state.

cointelegraph

Russia plans to roll out digital ruble across all banks in 2024

Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024.

cointelegraph

FTX partners with Paradigm for 'one-click' futures spread trading

The global exchange will provide “guaranteed atomic execution and clearing of both legs” for the futures trades on eight cryptocurrencies.

cointelegraph

Built to fall? As the CBDC sun rises, stablecoins may catch a shadow

Will central banks allow stablecoins to survive? Can they peacefully co-exist with central bank digital currency as a financial instrument for the unbanked?

cointelegraph

Here are Bitcoin price levels to watch as BTC dips 5% from highs

Familiar support zones are back on the radar after $25,000 proves too much for Bitcoin bulls.

cointelegraph

Huobi co-founder reportedly looks to sell majority stake valued at over $1B

Huobi co-founder Leon Li reportedly informed about his decision to other backers of the company in a July shareholders meeting.

cointelegraph

Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode

The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token.

cointelegraph

S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures

Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competitors.

cointelegraph

Dutch authorities arrest suspected Tornado Cash developer

The Dutch Fiscal Information and Investigation Service didn’t rule out multiple arrests in its ongoing criminal investigation against the Tornado Cash crypto mixer.

cointelegraph

Brazilian payment app PicPay launches crypto exchange with Paxos

The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin.

cointelegraph

Three-quarters of institutions to use crypto in the three years: Ripple

Ripple’s new Value Report on enterprise crypto and blockchain highlights NFT, blockchain and CBDC utility in business settings.

cointelegraph

Binance recovers the majority of funds stolen from Curve Finance

Binance recovered and froze around $450,000 worth of the stolen assets, which is around 80 percent of the stolen funds.