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Bitcoin, Ethereum Technical Analysis: BTC Briefly Moves Back Above $20,000 During Volatile Day of Trading
14.7.2022
Bitcoin briefly broke back into the $20,000 region on Thursday, following a volatile day of trading. Volatility in crypto markets came as data released showed that inflation in the United States had risen to its highest level in over four decades. ETH also briefly rose above $1,100. Bitcoin BTC...
Crypto Miner CleanSpark Continues to Take Advantage of Bear Markets as it Scoops Over 1K Rigs
14.7.2022
In June, the Las Vegas-based miner bought contracts for another 1,800 mining rigs
Voyager Digital's Token Surges Over 250% on 'Short Squeeze'
14.7.2022
A short squeeze refers to a sharp rally fueled by the unwinding of bearish positions or several sellers rushing to take profits
NFTs Winning Damien Hirst’s Art Experiment So Far as Over 2,000 Tokens Burned
14.7.2022
As the deadline for Damien Hirst’s The Currency NFT burn is approaching, more and more owners proceed to burn their NFT in exchange for corresponding original work on paper. However, NFTs still seem to be winning this art experiment.
At the time of writing, a total of 2,111 NFTs have been burned...
US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’
13.7.2022
According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflected a 9.1% year-over-year increase, even though a number of bureaucrats and economists...
Unity Buys Another Company As Staff Fumes Over Massive Layoffs
13.7.2022
Game-engine maker Unity said it plans on acquiring Ironsource, an ad tech firm, in a press release this morning. The news comes just two weeks after a wide round of layoffs rocked the company, where remaining employees are not exactly thrilled with the strategy.Read more
Safemoon V2 (SFM), Shiba Predator (QOM) & RoboApe (RBA): The Meme Coins Taking Over the Crypto Space
13.7.2022
Meme Coins are crypto-assets created from internet-based memes. Just like the literal meaning implies, these coins are humorous and give a light feel to the cryptocurrency market. However, following the creation of DogeCoin in 2013 from a meme, the crypto space has seen the birth of several others....
Solving the Complexities of Crypto Tax & Accounting With the Experts at Ledgible
13.7.2022
As crypto matures and continues along its path of inevitable adoption, so too does the importance placed on adequately accounting for crypto as an asset class and a source of income. Cryptocurrencies at their core were not designed to fit into traditional financial systems, after all, that’s...
Free-to-Mint NFT Hit The Saudis Becomes Second Most Traded Collection on OpenSea over Past Week
13.7.2022
A new free-to-mint NFT project called The Saudis has become the second most traded collection on major marketplace OpenSea over the past seven days.
At the time of writing, the collection has notched over ETH 7,000 (USD 7.4m) in trading volume over the past week, only second to popular...
In Praise of Shadows
12.7.2022
Our dear friend Robin has a new essay called In Praise of Shadows. Now, before you hop over there looking for nuggets on CSS box shadows, text shadows, and shadow filters… this is not that. It’s an essay …
In Praise of Shadows originally published on CSS-Tricks. You should...
Lightspeed Venture Partners Launches New Funds Totaling Over $7B
12.7.2022
The venture capital firm also announced Lightspeed Faction, an independent team focused on early-stage blockchain infrastructure projects
Bitcoin, Ethereum Technical Analysis: BTC Below $20,000 as Markets React to Increasing Dollar Strength
12.7.2022
BTC fell below $20,000 on Tuesday, as volatility in financial markets continued to peak, due to current levels of inflation. The euro fell to its lowest level against the U.S. dollar in over twenty years, and this dollar strength seems to be impacting crypto prices. ETH also slipped, falling below...
This Is Low Long Grayscale vs. SEC Battle Over Bitcoin ETF Might Last
11.7.2022
A major legal battle between digital asset giant Grayscale Investments and the US Securities and Exchange Commission (SEC) over the rejected application to convert the Grayscale Bitcoin Trust (GBTC), the world's largest BTC fund, to a spot exchange-trading fund (ETF) might last even two years...
Kojima Productions Threatens Legal Action Over 'Assassin' Photo
11.7.2022
Last week a racist joke originating from a shitty corner of the internet got quickly out of hand, and before long French politicians and Greek news channels—among others—were erroneously reporting that an old photograph of legendary game designer Hideo Kojima was actually a photo of Tetsuya...
Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 Months
10.7.2022
Back in mid-March 2022, Bored Ape Yacht Club’s (BAYC) Apecoin DAO launched and airdropped millions of apecoin tokens to specific NFT holders. The crypto asset dedicated to the BAYC ecosystem tapped an all-time high two months ago reaching $26.70 per unit on April 28. However, apecoin is down...
Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says
10.7.2022
Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for the legalization of international crypto payments in Russia amid financial...
Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’
9.7.2022
This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world’s citizens over...
US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance
9.7.2022
The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that through its strategic relationships with Metropolitan Commercial Bank, “all customers’ USD held with Voyager is FDIC...
SSV DAO To Commit Over $10M To Strengthen Future for ETH Staking
8.7.2022
SSV DAO is responsible for developing the ssv.network, an open-source distributed validator infrastructure committed to distributing grants to the development teams to help them decentralize the consensus layer of Ethereum in the development of its transition to POS. ssv.network is...
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $22,000 Ahead of NFP Report
8.7.2022
Ahead of the latest nonfarm payrolls report, bitcoin rose to a multi-week high above $22,000 on Friday. The token climbed to its highest level in over three weeks, whilst ETH also rallied, rising above $1,200 for the first time in nearly two weeks. Bitcoin BTC rallied to a three-week high...