Germany and the United States shared the spoils in the latest quarterly global cryptocurrency rankings released by analytics firm Coincub. The two countries now share the top rankings, with Germany making space for the rising U.S., having topped the first quarter rankings for 2022. Their dominance is due to progressive regulatory environments and major Bitcoin (BTC)
Month: July 2022
Jane Thomason is an Australian academic who spent 15 years running hospitals and doing development work abroad followed by a 20-year stint building a $250-million revenue company. Thomason — now a blockchain adviser to the World Health Organization — says she “had an epiphany” while thinking about the 2004 Tsunami in Indonesia, in which the
Millionaire investor from the Shark Tank TV show Kevin O’Leary says there’s going to be “total panic” and “massive volatility” in the crypto markets ahead before the industry swings back toward stronger firms and clearer regulations. Despite the recent fall of crypto finance firms including Voyager Digital and Celsius, O’Leary told Cointelegraph on July 13
OpenSea’s co-founder Devin Finzer announces that they are laying off 20% of the OpenSea staff. The firm will be helping its employees find a new jobs and will also be offering them several benefits including a generous severance pay option. The dreaded crypto winter has finally struck the leading NFT marketplace OpenSea. On July 14,
The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware becomes more efficient, and difficulty has dropped 6.7% since its May peak. On July 13, strategists from JPMorgan led by Nikolaos Panigirtzoglou told investors that Bitcoin production costs have fallen to around $13,000 from $24,000 at the beginning of June.
In the fourth episode of Market Talks, we welcome YouTube media creator and crypto educator Crypto Wendy O. Crypto Wendy O is a YouTube media creator and crypto educator. Wendy became interested in cryptocurrency and blockchain technology in November of 2017. She has been into crypto full-time since the summer of 2018 and focuses on providing
The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should go to prison. The department wants to introduce criminal liability for the activities of these people, also known as ‘droppers.’ Law Enforcement in Russia Targets Droppers Involved in Fraudulent Crypto Schemes The Ministry of Internal
Crypto investors found cause for celebration on July 14 as the market experienced a positive trading session just one day after the Consumer Price Index (CPI) posted a June print of 9.1%, its highest level since 1981. Daily cryptocurrency market performance. Source: Coin360 The move higher in the market wasn’t entirely unexpected for seasoned traders
Proof-of-stake-based blockchain Celo has been suffering from an on-and-off network outage lasting 24 hours, though the blockchain appears to be up and running again now. Celo is an open-source blockchain that enables users with phone numbers to make payments with crypto by using their phone numbers as a proxy for public keys. Celo updated its
Summary: Grayscale has added Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC) to its list of assets under consideration. The crypto-focused Wall Street Investment Firm known as Grayscale has expanded its list of assets under consideration to include Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC). The Grayscale team announced the new additions
Payment company Ripple invested in the non-fungible token (NFT) financing platform Supermojo, according to a press release shared with Bitcoinist. The platform operates under innovative point-of-sale financing aimed at making these digital assets more accessible “for the next wave of users”. Related Reading | The FED Released A Study Of The Lightning Network. These Are Their
The United States Commodity Futures Trading Commission, or CFTC, has added 34 unregistered foreign entities to its Registration Deficient List, including at least six providing crypto-related services. In a Thursday announcement, the CFTC said it had expanded its list of firms that it requires to register with the CFTC for providing services including trading binary
Most Bitcoin (BTC) traders would rather see a sharp price correction and a subsequent recovery than agonize for multiple months below $24,000. However, BTC has been doing the opposite since June 14 and its most recent struggle is the asset’s failure to break above the $22,000 resistance. For this reason, most traders are holding back
Unlike bull markets where traders can basically throw a dart at a list of coins to pick one that will go up, bear markets require much more effort to find projects that could perform well over the long-run. One project that has continued to show signs of mainstream adoption despite the onset of a crypto
Summary: The government of Shanghai seems to be warming up to NFTs. It has recommended the exploration and development of NFT trading platforms. Shanghai’s government sees NFTs as a means of protecting Intellectual Property and digital rights. However, the recommendation was not at the national level and was only made by Shanghai’s government. Shanghai’s government
Ethereum’s native token, Ether (ETH), is down nearly 40% against Bitcoin (BTC) since December 2021. But even more pain is possible for the ETH/BTC pair in the coming weeks, based on a classic technical indicator. Ethereum price risks technical breakdown The ETH/BTC chart has been forming a bear flag since early June 2022 on the three-day
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