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Nalezeno "Q2 2022": 15698

Jed McCaleb’s XRP bag is almost gone, Ethereum’s difficulty bomb delayed and FTX inks deal with BlockFi: Hodler’s Digest, June 26-July 2

2.7.2022

Report: Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy

2.7.2022
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapter 15 proceeding so liquidators and creditors cannot seize the firm’s U.S. assets. 3AC Files...

Three Arrows Paper Trail Leads to Trading Desk Obscured Via Offshore Entities

2.7.2022
As Three Arrows Capital collapsed under market pressure, its much-lesser known trading desk TPS Capital remained active, sources say. But a complex ownership structure might frustrate creditors' efforts to collect

NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume

2.7.2022
Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT sales were recorded across 18 blockchains and during the past week, $154.3 million in sales were executed. While Ethereum...

BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected

2.7.2022
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. Despite miner profits sliding, Bitcoin’s hashrate has remained high...

Biggest Movers: ATOM up for Fourth Straight Session, While XTZ Rebounds on Saturday Low

2.7.2022
Cosmos rose for a fourth consecutive session to start the weekend, as prices edged closer to a resistance point. While cosmos (ATOM) extended gains, tezos (XTZ) rebounded following a streak of recent losing sessions, with bulls seemingly buying this weeks’ dip. Cosmos (ATOM) Cosmos (ATOM)...

Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $18,800 Support Level on Saturday

2.7.2022
Bitcoin moved closer to its long-term support level of $18,800 to start the weekend, as prices of cryptocurrencies were once again lower. While bitcoin has now fallen for seven straight sessions, ethereum also saw similar declines, and as of writing is down 2.40% from yesterday’s high....

Sleeping Bitcoins Wake Up, Kiyosaki Waits for $1,100 BTC, and Zuckerberg Eyes Metaverse Money — Bitcoin.com News Week in Review

2.7.2022
As July begins and markets remain bearish, there’s still no shortage of dynamic developments in the crypto space. In this week’s Bitcoin.com News Week in Review, ‘sleeping bitcoins’ from 2010 make moves, Rich Dad Poor Dad author Robert Kiyosaki says he is waiting...

What Traders Are Saying About Bitcoin's Biggest Monthly Loss in 11 Years

2.7.2022
Poor macroeconomic sentiment, fears of inflation, and systemic risks from the crypto market pushed bitcoin below 2017’s highs

Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico

2.7.2022
Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying to access financial products and education. However, the Central Bank of Mexico has been...

NFT hype evidently dead as daily sales in June 2022 dip to one-year lows

2.7.2022
The NFT boom was supported by a healthy and bullish crypto ecosystem and positive investor sentiment. However, Bitcoin’s bear market had an adverse impact on the crypto ecosystem

Study: AUM of Crypto Investment Products at Record Lows in June, Trust Products Garner Lowest Total Since December 2020

2.7.2022
The latest data from Cryptocompare shows that assets under management (AUM) of crypto investment products reached record lows during the month of June. The data also shows 21 Shares Short Bitcoin ETP as the only digital investment product that registered a positive 30-day return (30.8%) as of June...

US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin

2.7.2022
The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. This action is the regulator’s largest fraud scheme case involving the cryptocurrency. CFTC Takes Action Against MTI The CFTC...

Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela

2.7.2022
Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer in the country that accepts Pagomovil,...

Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands Proceeding

2.7.2022
Beleaguered crypto firm Three Arrows Capital filed for bankruptcy late Friday

Cosmos-Builder Ignite Cuts Headcount by More Than 50%, Ex-Employees Say

2.7.2022
The reductions come amid a crypto market crash, and after the return of Ignite’s controversial ex-CEO

India's Day Of Reckoning With ‘Most Controversial Crypto Tax’ Is Here

2.7.2022
It's "D" Day for India as the crypto community deals with the imposition of the most controversial tax provision today. Calculating the predicted impact of the tax will be a wait-and-watch game at a time when the global investment community is facing a slowdown