We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lisa Fridman, the president and co-founder of Quadrata, a network that brings an identity and compliance layer to DeFi …
Monthly archives: July 2022
Ethereum traders gauge fakeout risks after 40% ETH price rally
Ethereum’s native token Ether (ETH) saw a modest pullback on July 17 after ramming into a critical technical resistance confluence. Merge-led Ethereum price breakout ETH’s price dropped by 1.8% to $1,328 after struggling to move above two strong resistance levels: the 50-day exponential moving average (5-day EMA; the red wave) and a descending trendline (black) …
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Is Terra Luna Dead? 5 New Altcoins to Invest In Instead
It is no surprise that the crypto winter has derailed many potential buyers’ plans to invest in the crypto market, however, according to most industry experts the sector is expected to pick up soon enough, and so this may be the right time to buy. The crypto crash was triggered by a series of events, …
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Crypto Exchange Coinbase Adds Two Ethereum-Based Altcoins and One Project Built on Solana to Listing Roadmap
Top US-based crypto exchange platform Coinbase is adding three altcoin projects to its listing roadmap. Coinbase’s listing roadmap is a set of crypto projects that are on the path of possibly joining the exchange’s roster of supported assets. In a new announcement, Coinbase says it has updated its roadmap with the addition of Gnosis (GNO), …
Bitcoin hodlers will ‘soon see why’ $21.6K BTC price pump is fake — trader
Bitcoin (BTC) spiked to one-week highs on July 17 amid warnings that traders should not trust current BTC price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance inflows see multi-week high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $21,600 on Bitstamp, its best performance since last Sunday. The pair saw a fresh …
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South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implications for both crypto investors and organizations providing intermediary services. The firm, however, says the South African Reserve Bank (SARB) “will …
Over Half of This Year’s Financial Pyramids in Russia Involved Crypto, Bank of Russia Finds
A majority of the financial pyramids identified in 2022 used cryptocurrencies in one way or another, Russia’s central bank announced in a new report. Amid Western sanctions, Russian scams have stepped up their activities, often claiming to be licensed by foreign authorities to offer access to crypto assets. Russian Pyramids Take Advantage of Western Sanctions …
Vietnam’s Blockchain Industry Faces Shortage of Talent
The booming blockchain sector in Vietnam is having to deal with a serious deficit in specialists, local media revealed. Despite the large number of software engineers in the country, those with blockchain expertise meet less than a fifth of the current demand, with businesses already looking for talent abroad. Fierce Competition for Blockchain Experts Among …
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Coinbase stirs rumors of liquidity woes as it halts affiliate-marketing program
There has been a credit crunch in the crypto space caused by the ongoing crypto downtrend. Over the past few months, several crypto firms have failed because of facing a liquidity crisis. Celsius, Three Arrows Capital, and Voyager have all filed for bankruptcy because of the ongoing liquidity crisis. Coinbase has also had a rough …
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Ripple proposes narrowly tailored redactions in its case with SEC
Ripple was sued by the Securities and Exchange Commission (SEC) in December last year. The outcome of this lawsuit will be a turning point for the global crypto economy, with the results expected to set precedence over other token-related lawsuits in the future. Recently, the court turned down a motion by Ripple to seal its …
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Federal Reserve survey shows crypto is not a priority for private banks
Over the past year, institutional investors have increased interest in cryptocurrencies, with banking giants such as JPMorgan and Goldman Sachs diversifying into crypto-related offerings. However, despite these instances, the US Federal Reserve has shared a survey showing that private banks did not see crypto as a priority. Cryptocurrencies are not a priority for private banks …
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Bit2me set to support 100K crypto investors from 2gether exchange
Bit2Me recently announced it would onboard 100,000 cryptocurrency investors from the 2gether exchange. These users were blocked from 2gether as the exchange said it could not meet its operational costs amid the prolonged bear market. Bit2Me onboards 2gether users 2gether is a cryptocurrency exchange based in Spain. It issued a statement on July 10 that …
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BitMEX Founder Arthur Hayes Updates Bitcoin Forecast, Predicts Fed Will Be Forced To Print Trillions of Dollars
Former BitMEX CEO Arthur Hayes says he expects Bitcoin (BTC) to bottom out and quickly recover as he predicts the Federal Reserve will once again inject trillions of dollars to the financial system. The crypto capitalist says that he’s keeping a close watch on how the Japanese yen (JPY) and the Euro (EUR) perform against …
The women of crypto take over Davos WEF
Many of you closely follow the gathering of the decision-makers at Davos during the annual World Economic Forum. Many of you have very strong opinions about these gatherings, which I share. Right now, however, I would like to discuss what inspired me the most during those five days of the summit. This was my first …
What is Bitcoin whale watching and how to track Bitcoin whales?
Whales are held responsible for sudden price fluctuations in the crypto and traditional markets every so often. Given their capability to manipulate market prices, it becomes paramount for the general Bitcoin (BTC) investors to understand the nuances that make one a whale and their overall impact on trading. Wallet addresses that contain large amounts of …
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