Today at Chaintalk News

August 19, 2022

What is Litecoin? An Early Bitcoin Fork Nearly Identical to the Original Chain

By ChainTalk TV

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Here’s What’s Next for Bitcoin, Ethereum, Binance Coin and a Leading Dogecoin Rival, According to Crypto Trader

A popular analyst is providing price target updates for a handful of crypto assets as the markets fight to wrap up the week in positive territory. The pseudonymous trader known as Altcoin Sherpa tells his 181,400 Twitter followers that after a week of choppy downward price movement, he still believes Bitcoin (BTC) has enough strength […]The post Here’s What’s Next for Bitcoin, Ethereum, Binance Coin and a Leading Dogecoin Rival, According to Crypto Trader appeared first on The Daily Hodl.
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Ukraine Spends Crypto Donations on Various War Equipments

A total of $6.9 million was then spent on armored vests. It was reported by Elliptic that $5 million came
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Crypto Exchange Coinbase Adds Support for Altcoin Built on Ethereum (ETH) As Markets Pause

An interoperability protocol focused on ease of use just joined the leading US-based crypto exchange’s trading roster. In a new post, Coinbase says that Celer Network (CELR) is now live across its entire platform, including on the iOS and Android apps. The Celer Network scaling platform was built on Ethereum (ETH) and is designed to […]The post Crypto Exchange Coinbase Adds Support for Altcoin Built on Ethereum (ETH) As Markets Pause appeared first on The Daily Hodl.
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CME Group to Offer Ethereum Futures

Ethereum futures are coming to the worlds largest derivatives marketplace, CME Group. Managing Ethereum Price Risk Institutions keep expanding the spectrum of crypto derivative products. The world’s largest derivatives marketplace,...
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Got Bitcoin? Sprawling $5,995,000 Connecticut Home for Sale in BTC and Additional Crypto Assets

Crypto holders on the hunt for a real property can now spend their digital assets on a 187-year-old estate in a Connecticut town. According to the property’s listing agent,, the seller of a 4.3-acre farmhouse compound in Greenwich is now accepting crypto assets as a form of payment for the $5,995,000 asking price of the […]The post Got Bitcoin? Sprawling $5,995,000 Connecticut Home for Sale in BTC and Additional Crypto Assets appeared first on The Daily Hodl.
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Why The CME Will Launch Ethereum Options Ahead Of “The Merge”

The Chicago Mercantile Exchange (CME) Group will launch Ethereum option contracts on its platform on September 12. The company announced that it’s waiting for regulatory review, and if approved, these new investment products will join its ETH futures and mini futures contracts. Related Reading: UN Exec: Regulating Crypto Use Will Make Internet Safe The new […]
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Could BendDAO Collapse the NFT Market? Maybe

BendDAO is a so-called NFTfi project that lets NFT holders borrow ETH when they lock up their assets. What Is BendDAO? Members of the crypto community are growing concerned that...
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Solana looks bullish at the moment but is it right time to go long

Solana [SOL] kicked off this week in a bearish tone after peaking at $48.38 on 13 August. Fast forward to the present and it is about to fall below $40 if the bears continue their assault. However, the altcoin just retested a short-term resistance line, which might yield some upside. SOL has been trading within […]
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Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token

The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the public on Twitter and the exchange said “we are aware of the current liquidity […]
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BitMex Founder Arthur Hayes Says He Is “Max Bidding” Ethereum Pre Merge

Former Bitmex CEO Arthur Hayes expects a significant increase if the Merge is successful; therefore, he is not planning a “sell the news” event. In the most recent writings on his Medium Blog, “Eth-Flexive” and “Max Bidding,” Arthur Hayes argues that Ethereum will have a rally similar to Bitcoin’s halving, based on current network usage. Former Bitmex CEO Arthur Hayes, who previously claimed that he would be buying Bitcoin at $20,000 and Ethereum at $1,300, now reports that he is […]
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Crypto exchange Gemini announces new staking rewards service

Gemini announced the launch of a new feature called Gemini Staking that allows users to stake crypto assets.
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Kingdom Quest Launches Token IDO on Poolz

August 18, 2022 – Panama City, Panama Metaverse game Kingdom Quest is launching its initial DEX offering (IDO) on Poolz. The event, which commences on August 19, 2022, gives the public an opportunity to acquire the KGC token that will fuel the Kingdom Quest economy. During the course of the IDO, the KGC token will […]The post Kingdom Quest Launches Token IDO on Poolz appeared first on The Daily Hodl.
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New Research Claims Insider Trading At Coinbase

Three researchers from Sydney Australia, Ester Félez-Viñas, Luke Johnson and Tālis J. Putniņš, have alleged that Insider trading occurs in 10-25% of cryptocurrency listings in a research paper called “Insider trading in cryptocurrency markets”. The research paper uses crypto exchange Coinbase as a case study. Insider Trading in crypto is worse than in stock market The post New Research Claims Insider Trading At Coinbase appeared first on CoinGape.
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CME Group To Launch Ether Futures In September

Chicago Mercantile Exchange (CME) Group, a leading derivative exchange, has released a statement announcing plans to launch options on Ether futures on 12 September while it awaits regulatory review. New option to offer clients more flexibility Tim McCourt, Global Head of Equity and FX Products, at CME group stated that the new addition of ETH The post CME Group To Launch Ether Futures In September appeared first on CoinGape.
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Memecoin Season Upcoming With Dogecoin Rally? Here’s Why

In the recent times, price rise of DOGE, SHIB gave hopes of a memecoin rally amid a bearish environment. While SHIB took a sudden spike in last few days, DOGE rose steadily over a week’s time. As the market continues to experience turbulent times, a memecoin season could prove to be the much needed push. The post Memecoin Season Upcoming With Dogecoin Rally? Here’s Why appeared first on CoinGape.
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Chainlink (LINK) and One Ethereum (ETH) Rival Could Explode by Up to 50%, Says Top Crypto Analyst

Widely followed crypto trader and analyst Michaël van de Poppe is predicting that two altcoins could surge by up to 50%. Starting with decentralized oracle network Chainlink (LINK), Van de Poppe tells his 622,600 Twitter followers that the 25th-largest crypto asset by market cap could rally by nearly 50% to $12 if the $8 price […]The post Chainlink (LINK) and One Ethereum (ETH) Rival Could Explode by Up to 50%, Says Top Crypto Analyst appeared first on The Daily Hodl.
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LINK, SOL, DOGE Price Analysis: 18 August

With Bitcoin trading at $23,457.10 at press time, well away from the $25K range, other altcoins shared its momentum. Dogecoin, however, has seen surprising growth of over 13.29% over the past week, giving some hope to traders. On the contrary, Solana and Chainlink continued to reflect a downward trend in their prices. Dogecoin (DOGE) The […]
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Coinbase CEO Would Shutdown ETH Staking Service if Asked to Bend to Regulators

Brian Armstrong said his company wouldn't use staked ETH to censor the Ethereum protocol.
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Former WeWork CEO Neumann to launch digital wallet that stores crypto: Forbes

Neumann's venture Flow is planning to launch a digital wallet that can store crypto after receiving $350 million investment from a16z.
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Huobi Exchange’s HUSD Stablecoin Loses Its Peg To The US Dollar

Stable Universal’s HUSD stablecoin has lost its peg to the US dollar The stablecoin was earlier launched in 2018, in collaboration with the Huobi crypto exchange Huobi Bitcoin exchange’s stablecoin HUSD has lost its peg to the US dollar and is currently trading at $0.88.  HUSD Stablecoin Plummets To $0.88  HUSD, a stablecoin managed by Stable Universal, is struggling to maintain its parity to the US dollar. At press time, the stablecoin has dropped to $0.9186, down 8.56% from its […]
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Axie Infinity Drops 4.7% In Last 24 Hours As AXS Struggles In The Red Zone

Axie Infinity trading volume seen to have capsized by over 2% in the past few days. Price drops 4.7% in the past 24 hours AXS value set to jump in price when full version of Axie Infinity game rolls out in 2023 Price down 0.87% or trading at $16.97 as of press time AXS price has fallen 4.7% in the last 24 hours or is trading at $17.25. This gives traders an idea of how the week’s AXS price trend will go. It continued to hover in the negative area or red zone since the past week wherein it registered a detrimental loss of 7%. Related Reading: Avalanche Grinds To A Halt As AVAX Breaks 2-Month Uptrend Axie Infinity Trading Volume Down By 2% On the daily chart, Axie Infinity’s trading volume is seen to have capsized by over 2% in the past few days. On the other hand, AXS circulation has jumped by 0.6%. The total circulating supply is now capped at 89.83 million. To date, Axie Infinity ranks as the 44th largest crypto in terms of market cap at $1.54 billion. According to CoinMarketCap, AXS’s price is down by 0.87% or trading at $16.97 as of press time. Axie Infinity is an exciting play-to-earn blockchain gaming platform that has enabled multiple game modes used to collect, train, and battle Axies. Additionally, players can explore other opportunities to earn by joining weekly tournaments and contests on the platform. Axie Infinity players use AXS to trade, buy, and sell game characters called Axies. Despite the bearish trend,...
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The Merge Will Not Cause Gas Fee Reduction – Ethereum Foundation

Following various misconceptions about the forthcoming Ethereum protocol Merge, especially concerning gas fees, the Ethereum Foundation has published an updated response. As a reaction to this misconception, “The Merge will reduce gas fees.” The ETH Foundation mentioned that it is totally untrue. To clarify, it was stated that gas fees come as a result of […]The post The Merge Will Not Cause Gas Fee Reduction – Ethereum Foundation appeared first on Blockchain, Crypto and Stock News.
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Inflation in Eurozone Surges To 25-Year High of 8.9% in July

On July 21st, the European Central Bank (ECB) stated that it will raise interest rates. The Bank of England has
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ApeCoin DAO gets third offer of free NFT marketplace

The company threw its hat into the ring on Wednesday with a post on the DAO forum following Magic Eden’s proposal last week.
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CDPQ Tags its Investment In Bankrupt Celsius Network as a Loss

Institutional investor Caisse de dépôt et placement du Québec (CDPQ) has decided to write off its investment in bankrupt cryptocurrency lending platform Celsius. During the reveal of the six-month return record, the Quebec pension fund president and Chief Executive Officer, Mr. Charles Edmond acknowledged this particular investment as a loss executed in haste. Cumulatively, CDPQ’s […]The post CDPQ Tags its Investment In Bankrupt Celsius Network as a Loss appeared first on Blockchain, Crypto and Stock News.
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Fractional Changes Name to Tessera and Lands $20M in Funding

Fractional, a Non-fungible Token (NFTs) platform that allows for collective ownership of priced NFTs, has announced a name change to Tessera. The NFT platform also secured $20 million in a Series A funding round to pursue its visions. In a blog post on Wednesday announcing the new name, Andy Chorlain, CEO and Founder of Fractional, […]The post Fractional Changes Name to Tessera and Lands $20M in Funding appeared first on Blockchain, Crypto and Stock News.
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Craig Wright Vs. Hodlonaut: A Timeline Of The Legal Battle

A timeline of events leading to seven days in Norwegian court for BSV Founder Craig Wright and pseudonymous Bitcoiner Hodlonaut.
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Do Kwon makes bold claims about LUNA in this recent interview

Do Kwon made his first public appearance since the fall of Luna, with an interview he did with Coinage. There’s been a lot of negative sentiment against Do Kwon, with speculators believing that Do Kwon has also profited from the fall of UST. Well, answering the speculations, Kwon came out and explicitly said that he […]
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CME Group to Add ETH Options Ahead of the Ethereum Merge

The derivatives exchange wants to give its clients more ways to bet on the price of ETH as its network heads into a long-awaited upgrade.
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Options data shows Bitcoin’s short-term uptrend is at risk if BTC falls below $23K

BTC’s $335 million options expiry has become a death trap for bulls, and increased legal action by the SEC and IRS against crypto companies is adding to the sell pressure.
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cointelegraph

Options data shows Bitcoin’s short-term uptrend is at risk if BTC falls below $23K

BTC’s $335 million options expiry has become a death trap for bulls, and increased legal action by the SEC and IRS against crypto companies is adding to the sell pressure.

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Ripple Partners With Travelex Bank To Enable Crypto Payments

Travelex Bank will be the first in Latin America to use the Ripple payment service. There is no need for
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Celsius Gets Court’s Nod to Sell Mined Bitcoin for its Operations

The Bankruptcy Court for Southern District of New York overseeing troubled crypto lender Celsius Network’s bankruptcy case has given the lender permission to sell its newly minted Bitcoin. Before approving, Judge Martin Glenn expressed concerns that the mining operations were not profitable but granted permission in hopes that the firm’s move will provide value to […]The post Celsius Gets Court’s Nod to Sell Mined Bitcoin for its Operations appeared first on Blockchain, Crypto and Stock News.
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Ethereum Fork ETHW Plummets 62% Just Weeks Before Merge

The miner-led Ethereum fork ETHW appears to already be losing its appeal among traders—before it's even really launched.
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NEAR Protocol Price Analysis: Bulls Aims To Reclaim $6.0 Amid Sustained Buying

NEAR Protocol price analysis implies buying with limited price action. The bulls attempt the hold the key support area following the previous session’s downside momentum. NEAR price consolidates near the short-term support area that extends from May. A break above or below this level would set the next directional bias for the token. However, odds The post NEAR Protocol Price Analysis: Bulls Aims To Reclaim $6.0 Amid Sustained Buying appeared first on CoinGape.
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Experts Predict When Bitcoin (BTC) Short Rally Could End This Year

In a market cycle full of uncertainty, correctly timing investment decisions becomes crucial for investors. The current cycle is making it even more tougher to gauge situation with companies running into losses. Although Bitcoin (BTC) maintained upside movement in the last one month, the past few days saw slight price correction. At its current range, The post Experts Predict When Bitcoin (BTC) Short Rally Could End This Year appeared first on CoinGape.
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Built With Bitcoin Completes Clean Water Project For 1,000 Nigerian Villagers

The project, funded with bitcoin, provided the Igbaruku village with clean water, where the community previously had to travel miles to reach a contaminated water source.
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Sri Lanka Tells Its Citizens to Avoid Crypto

The nation of Sri Lanka is warning citizens and telling them to avoid using or trading digital currencies whenever possible. Sri Lanka Appears to Be Very Anti-Crypto The warning comes at a moment when the whole world seems to be rethinking its attitude towards crypto. At the time of writing, the digital currency space is...The post Sri Lanka Tells Its Citizens to Avoid Crypto appeared first on Live Bitcoin News.
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UK Consortium Announces Project New Era, Ready To Test Out Digital Sterling

The United Kingdom wants all the crypto innovation, minus the crimes.Continue reading UK Consortium Announces Project New Era, Ready To Test Out Digital Sterling at DailyCoin.com.
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Are Cardano [ADA] whales in hiding ahead of Vasil hard fork

The major news concerning Cardano that can be found on the internet right now is developments related to the Vasil hard fork. The much-awaited upgrade is coming closer. This, despite the multiple delays noted over the past few months. And, the Rosetta upgrade is the newest addition to take Cardano forward. Cardano Rosetta and the […]
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Cardano, Solana Investment Now Available To Millions Of Germans

Cardano and Solana’s investment has been ramping up among institutional investors for a while now. With all of the new interest in decentralized finance (DeFi) and non-fungible tokens (NFTs), it was a natural progression for those interested in investing in the crypto market. This is why various financial services providers have been looking toward assets […]
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Bitcoin Price Must Clear This Level If It Wants To See $28,000

Bitcoin’s trajectory in the recent recovery showed a clear intent from bulls to target the $28,000. While it hit some important milestones in its big to reach this level, it has been unsuccessful in reclaiming it. The tug-of-war between the bears and the bulls continues as the fight for control wages on. Given this, there is now a critical technical level that the price of bitcoin must clear before it is able to continue on its campaign to reach $28,000. Capitulate And Breakout Bitcoin has held considerably better than what was predicted for the digital asset a couple of weeks ago. Going by the previous bear markets, it was expected that the price would quickly reverse following a small recovery. But instead, bitcoin has been able to grow as high as $25,000 in this time, although it was unable to hold this level. This shows the resilience of bitcoin even when the market looks unfavorable. Related Reading: Bitcoin And Ethereum Retrace Before Crypto Sentiment Could Reach “Greed” However, the bitcoin price has been unable to reach an essential point that bulls were trying to get it to, which is the $28,000 level. Instead, it had encountered resistance at $25,000 and had been pushed back down towards the $23,000. What bitcoin needs at this point is to break the May capitulation levels of $25,000. This spot had held up quite well during the fall from $30,000, and bears have now made this a point of resistance for the digital asset ...
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Fast-Paced Sit-n-Go Tournament Introduced by Decentral Games

Sit-n-Go tournaments have lower entrance criteria than usual Challenge mode. Decentral Games introducing quick-fire, single-elimination tournaments. Decentral Games, the play
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Crypto.com Users Can Shop in 175 OTR Stores, BTG Pactual Launched Crypto Trading Platform, CDPQ Wrote Off Stake in Celsius + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...Read More: Crypto.com Users Can Shop in 175 OTR Stores, BTG Pactual Launched Crypto Trading Platform, CDPQ Wrote Off Stake in Celsius + More News
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South Korea’s AML Watchdog Goes After 16 Crypto Exchanges Operating Without Registration

South Korea’s anti-money laundering authority is taking action against over a dozen crypto exchanges from overseas that have been doing business in the country without proper registration.
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Bitcoin Bull Rally Fades, Mining Difficulty Surge By 0.63%

As the bear hug gets tighter, the price of Bitcoin may drop below $21,000. Recent price movements saw a high of $25,135 and a low of $23,243. The short-term aim for the declining price trend is a drop to $21,000–$20,000. Bitcoin Bulls Loses Steam On August 18, Bitcoin, the leading digital asset, is battling to hold over $23,500 as it tries to maintain an upward trend that has been growing for the past two months. The bulls’ dominance is clearly dwindling on the daily bar chart, and they will soon need to show greater tenacity to continue a price climb. bitcoinBTC/USD trades at $23k. Source: TradingView In just one week, the Crypto Market Fear and Greed Index dropped from 47 to 30, and in just one day, it went from 41 to 30. This week’s additional selling pressure could either reverse the upward price trend or put it in an even more vulnerable situation. Related Reading: Bitcoin Bearish Signal: Whales With 1k-10k BTC Depositing To Exchanges Additionally, the MVRV 7-day Detrend Oscillator has developed a negative divergence pattern in response to the recent Bitcoin price trend. It implies that the price of BTC can drop below $21,000. By removing long-term price noise, applying a detrend filter to the price trends makes it easier to spot market bottoms and peaks. Bitcoin (BTC) MVRV 7D Detrend Filter. Source: CryptoQuant Long-term Bitcoin prices have been falling, particularly since November. However, over the past mon...
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North Korean Hackers Have Looted $1,000,000,000 From DeFi Protocols This Year: Chainalysis

Hacking groups affiliated with North Korea are responsible for much of the theft occurring on decentralized finance (DeFi) protocols, according to blockchain analysis platform Chainalysis. The market intelligence firm says that hackers linked to the isolated country have stolen a billion dollars from DeFi protocols so far this year. “Much of the value stolen from […]The post North Korean Hackers Have Looted $1,000,000,000 From DeFi Protocols This Year: Chainalysis appeared first on The Daily Hodl.
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Here’s Why Everyone Needs To Know About QMALL’s New Partnership With Oleksandr Usyk

When people think of Ukraine in 2022, they are unfortunately reminded of the still ongoing conflict between the country and Russia. Nevertheless, during this time, Ukraine also managed to receive an unprecedented amount of donations which the country used to get food, medicine, water and other vital components. Perhaps the most noteworthy aspect here is […]
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Why Bitcoin Is Cheap At $23,000, Says Fidelity Expert

Bitcoin has been pushed down further over today’s trading session and approaches critical levels of support. The first crypto by market cap gave back all the profits from last week rallied and has been moving in the red over the past 24 hours. Related Reading: Cryptocurrency Market Drains $50B As Bitcoin Touches Weekly Lows At the time of writing, Bitcoin (BTC) trades at $23,400 with sideways movement in the past day and a 2% loss over the past 7 days. Director of Macro for investment firm Fidelity Jurrien Timmer believes long-term Bitcoin investors have an opportunity to increase their holdings at current levels. Via his Twitter account, the expert claims Bitcoin is cheap as he explored the cryptocurrency’s price versus value chart. Timmer’s bullish thesis is based on BTC’s adoption curve and the likely scenario where this curve will continue to trend to the upside and increase the underlying value of the cryptocurrency. As seen below, there is a direct relationship between BTC’s adoption and its price. The chart below shows the BTC price/network ratio, how Bitcoin reacts to more adoption, and its price. The former metric trended lower than BTC’s price until it was able to break above a critical resistance zone and turn into support. Bitcoin has been moving on that support for over a month, coinciding with BTC’s price reaching a yearly low of around $17,700. As the chart above shows, these levels have historically operated we...
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Oleksandr Usyk Partners Up With The QMALL Crypto Exchange Ahead Of His Upcoming Match With Anthony Joshua

Over the past few years, cryptocurrencies have become increasingly associated with the world of sports, with a recent example of this being the renaming of the Staples Center to the Crypto.com Arena and Crypto.com being named the official sponsor of this year’s FIFA World Cup in Qatar. Plenty of prominent sports celebrities such as Floyd Mayweather have also previously expressed their support for the crypto and blockchain industry, with boxing champion Oleksandr Usyk now joining that list by partnering up with the QMALL crypto exchange. What is QMALL? QMALL is a cryptocurrency exchange that is legally allowed to operate in Europe as it has a license there. To date, the exchange has attracted over 300,000 European traders and in September of this year, the exchange will launch several launchpads for new European crypto projects. QMALL users will also be able to invest in a variety of new projects, albeit only through the exchange’s token. This token also offers a variety of extra benefits to holders and has a direct impact on growth too. Like most other crypto exchanges, QMALL wishes to establish key strategic partnerships in order to both help the crypto industry gain additional mainstream attention and help the European market recover after the COVID-19 pandemic and the still ongoing Russia-Ukraine conflict. To that end, the exchange has partnered up with Oleksandr Usyk, a Ukrainian professional boxer who is scheduled t...
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W3 Storage Lab Raises $3 Million in Pre-Seed Round

August 18, 2022 – Sunnyvale, California Software developer to create a suite of killer DApps that leverage next-generation protocol and marketplace for decentralized storage. W3 Storage Lab, a Web 3.0 decentralized application company, announced that it closed a pre-seed financing round of $3 million. The round was co-led by Draper Dragon and OKX Blockdream Ventures, […]The post W3 Storage Lab Raises $3 Million in Pre-Seed Round appeared first on The Daily Hodl.
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cointelegraph

CME Group plans to launch options on ETH futures prior to the Merge

The group reported it had observed an increase in trading volume and open interest for ETH futures and micro-sized ETH futures options, possibly in anticipation of the Merge.

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cointelegraph

Blockchain venture capital funding down over 43% in July: Report

The crypto market downturn is impacting private funding, but are recent declines in capital inflows as bad as the figures suggest?

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cointelegraph

Bitcoin 'liveliness' lowest since 2021 amid new 5-year BTC hodl record

More of the BTC supply has stayed in its wallet for five years or longer than ever before.

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cointelegraph

How can DAOs involve fans in filmmaking? Expert answers

Jake Fraser believes that DAOs can let fans get involved from the scriptwriting process to the selection of actors who will play in a film.

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cointelegraph

South African Reserve Bank encourages friendly behavior with crypto

The banking authority said avoiding risk by cutting off crypto-involved clients may pose a “threat” to financial integrity.

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cointelegraph

Korean financial watchdog to block tens of unregistered exchange websites

Korea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country.

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cointelegraph

Coinbase would rather shut down staking than enable on-chain censorship — Brian Armstrong

With the ban on Tornado Cash, many DeFi proponents are worried that crypto exchanges, which are also the key validators of Ethereum, will succumb to pressure and impose protocol-level censorship.

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cointelegraph

Chinese mining giant Canaan doubles profits despite the blanket crypto ban

The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June.

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cointelegraph

Ukraine has shown the value cryptocurrency offers to real people

Ukrainian refugees have used cryptocurrency to survive. And contrary to what critics believe, sanctions have prevented Russia from finding much use for crypto.

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cointelegraph

Tether reserve attestations to be conducted by major European accounting firm

BDO Italia, a member of the BDO Global accounting organization, will begin producing monthly attestations of Tether’s USDT backing.

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cointelegraph

Bitcoin price heads above $23.5K after highest EU inflation in history

Inflation surprises keep coming, while the European Central Bank refuses to rule out even higher numbers in the future.

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cointelegraph

Ripple CTO lashes back at Vitalik Buterin for his dig at XRP

David Schwartz compared crypto miners in the Ethereum and Bitcoin ecosystems to shareholders of eBay, which he believes makes BTC and ETH securities as well.

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cointelegraph

Celer Network shuts down bridge over potential DNS hijacking

The platform asked users to revoke token approvals for smart contracts on several blockchains, including Ethereum and BSC.

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cointelegraph

Law enforcement should give up trying to access everyone’s data, says legal expert

Ahmed Ghappour explained that sanctioning ideas can lead to criminalizing harmless associations with no ties to other criminal conduct.

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cointelegraph

3 cloud providers accounting for over two-thirds of Ethereum nodes: Data

The data suggests that DeFi apps running on mostly centralized cloud providers may make Ethereum vulnerable.

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cointelegraph

Aussie asset manager to offer crypto ETF using unique license variation

The CEO of Monochrome Asset Management says their license approval represents a significant step forward for both the advice industry and retail investors.

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cointelegraph

Crypto ad spending may be down, but awareness remains critical: Experts

Though crypto television ad spending is down, crypto firms continue to see ad spending as important to keep their brands relevant during a down market.

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cointelegraph

Aussies buy fuel and chips with crypto across 175 fuel outlets

Commenting on the rollout, Crypto.com’s Karl Mohan tipped the adoption of an AUD-backed stablecoin as being the catalyst to make crypto payments mainstream in Australia.

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cointelegraph

Aid for Ukraine’s $54M crypto fund buys vests, scopes and UAVs

The crypto donations have played a “significant role in Ukraine’s defense,” a Ukrainian government official wrote.

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cointelegraph

CBDCs only solution to ‘smooth continuation’ of the monetary system: ECB

The European Central Bank working paper sought to identify issues and consensus regarding CBDCs, as well as to identify gaps in the research — such as what users want.

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cointelegraph

Ontario crypto exchanges impose $30K CAD annual limit on altcoin buys

The new buy limits are intended to better “protect crypto investors” and make them “more aware of the risks” associated with crypto assets, according to one of the exchanges.

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cointelegraph

AFL’s first limited-edition NFT drop sells out in under 12 hours

The limited edition digital packs came at a retail price of 34.39 USDC each, raising over $130,000 after it sold out in the first drop.

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cointelegraph

Korean police seize crypto for unpaid traffic fines in trial

Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations.

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cointelegraph

Solana wallet fires up the grill to burn spam NFTs out of existence

The Phantom wallet app has launched a new Burn Token feature, allowing users to remove spam NFTs sent by scammers.

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cointelegraph

Senator asks FDIC about allegations it discourages bank relations with crypto companies

Sen. Pat Toomey says he has information from whistleblowers that the FDIC, without a legal basis, is discouraging banks from dealing with companies that have crypto links.

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cointelegraph

'There's a lot less land to go around' — Why White Rock established off-the-grid mining in Texas

“The U.S. is where the action is in terms of markets, so we plan to be in at least another couple of states as well as Texas with some diversified offering," said CEO Andy Long.

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cointelegraph

European Central Bank addresses guidance on licensing of digital assets

Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies.

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cointelegraph

Fed adds a new layer of bureaucracy for US banks engaging in crypto asset activities

The U.S. Federal Reserve Board has issued new instructions for banks engaging in crypto asset activities that include running their plans past their Fed supervisor.

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cointelegraph

Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months

"For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émond.

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