The CEO of digital asset hedge fund Pantera Capital, Dan Morehead, is revealing an “existential risk” that the crypto industry faces. Morehead says that most of the risks that the crypto industry has encountered since its inception have disappeared but the regulatory risks remain. “I think the biggest kind of existential risk that I worry …
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Cardano (ADA) creator Charles Hoskinson is not a fan of central bank digital currencies (CBDCs) and even sees them as a threat. In a recent interview with Cheeky Crypto, Hoskinson argues that CBDCs are the “single-most dangerous innovation that we’ve ever seen in monetary policy.” “CBDCs… they’re not crypto. They can run on crypto rails …
Web3 is the buzzword that’s on everyone’s lips — but when you put the mania aside for a moment, there’s a burning question that needs to be asked: Can these projects fully replace Web2… and what stands in the way of this happening? The likes of Google and Facebook have made a killing during the …
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As more countries make progress in terms of developing and implementing central bank digital currencies (CBDCs), Ghana’s central bank aims to keep up and complete its research on CBDCs with the goal of financial inclusion, according to Kwame Oppong, the head of fintech and innovation at the Bank of Ghana. In an interview with Cointelegraph’s …
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Singapore-based digital asset platform Crypto.com scored a major regulatory approval in France. The digital asset platform was approved to register as a Digital Asset Service Provider (DASP) by the stock market regulator Autorité des marchés financiers (AMF). The approval was granted after the platform received clearance from the Autorité de Contrôle Prudentiel et de Résolution …
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Solana ecosystem developer Coral has closed a $20 million investment round backed by some of crypto’s biggest venture funds, setting the stage for the launch of its new interactive wallet later this month. The investment round was co-led by FTX Ventures and Jump Capital with additional participation from Multicoin Capital, Anagram, K5 Global and other …
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The Bitcoin price prediction reveals that BTC retreats sharply after retesting the $19,234 level, and the king coin could dive to a new monthly low. Bitcoin Prediction Statistics Data: Bitcoin price now – $18,610 Bitcoin market cap – $357.4 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking …
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The Chainlink price prediction keeps recovering from the low of $7.8 level as the price remains within the short-term bullish trend. Chainlink Prediction Statistics Data: Chainlink price now – $8.0 Chainlink market cap – $3.9 billion Chainlink circulating supply – 491.5 million Chainlink total supply – 1 billion Chainlink Coinmarketcap ranking – #20 LINK/USD Market …
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There has been a big event occurring in cryptocurrency. The biggest and most famous coin, Bitcoin, is going through a severe rough patch. At the time of writing, Bitcoin is down 1.41% and at $21,427.36, according to this BTC price chart, and it appears to be on a downward trajectory. Whether the coin can recover …
Continue reading “August 18th to August 19th: What Caused the Drop in BTC Price?”
The Ripple (XRP) coin continued its long winning streak, reaching a high of $0.5582 before falling to $0.4274. Last week, the price of Ripple (XRP) skyrocketed, making it the fastest growing of the top ten currencies. The reason for its upward rally could be attributed to investors’ hopes that the SEC’s lawsuit against Ripple will be resolved. However, the …
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Summary: Sam Bankman-Fried could acquire assets from bankrupt crypto lender Celsius, Bloomberg reported. SBF already acquired Voyager Digital assets in a massive $1.4 billion deal. Celsius is the process of restructuring and regaining stability after falling into insolvency earlier in the year. CEO Alex Mashinsky stepped down on Tuesday as part of the process, reports …
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Luna Foundation Guard has denied that it has moved any cryptocurrencies linked to Terra or Do Kwon. South Korean prosecutors have asked OKX and KuCoin to freeze over 3,300 BTC linked to Kwon. Meanwhile, the location of Kwon is unknown. The Luna Foundation Guard has denied all allegations that it had moved bitcoin or other …
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A popular crypto analyst who called the May 2021 Bitcoin (BTC) collapse thinks several metrics are now looking bullish for BTC. Pseudonymous analyst Dave the Wave tells his 126,900 Twitter followers that Bitcoin’s dominance level indicates it is due for a price pump. Source: davthewave/Twitter BTC is trading at $19,004 at time of writing. The …
The next Bitcoin (BTC) bull run will have to be much different from historical cryptocurrency rallies in terms of story and utility, Galaxy Digital CEO Mike Novogratz believes. Compared to previous bull runs, the next Bitcoin rally will have to be more focused on utility and less on the story, Novogratz predicted at a panel …
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Thailand’s largest crypto exchange Bitkub has come under regulatory scrutiny from the country’s Securities and Exchange Commission (SEC) over falsifying and creating artificial trading volume on its platform. Thai SEC ordered legal action against the crypto exchange and two individuals alleging the crypto platform was involved in wash trading, a process where investors buy and …
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