Summary: Terra chief Do Kwon says he doesn’t trade crypto and none of his funds were frozen by South Korean prosecutors. Authorities confiscated some of Kwon’s crypto holdings worth $39.6 million, CoinDesk reported on Wednesday citing local Korean media. Previous reports also claimed that investigators froze 3,313 Bitcoin on KuCoin and OKX. Kwon is a …
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Summary: Fidelity announced a new Ethereum index fund per details from a filing with the Securities and Exchange Commission. The mammoth asset manager boasts around $5 million in investments for its latest crypto offering. Galaxy Digital CEO Mike Novogratz hinted that the company might provide retail exposure to Bitcoin soon. A filing with the U.S. …
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Members of the Parliament of the European Union passed a non-binding resolution that is related to the taxation of the crypto asset class and the use of blockchain tech to make tax collection more efficient. One suggestion the resolution made was for the Commission to consider converting a crypto asset to fiat currency as a …
The IMPT token, which is a new player in the cryptocurrency markets, has been able to raise the right amount of hype around itself. Firstly, the Impact token promises to address a pressing issue around cryptocurrencies, which is to address the carbon footprints generated by crypto mining and other operations pertaining to the crypto ecosystem. …
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One can certainly not ignore Tamadoge anymore. The cryptocurrency has made unprecedented progress regarding meme coins in the cryptocurrency markets. Unlike the previous set of meme coins that came, peaked, and vanished, Tamadoge has undoubtedly been able to maintain its hype and attract investors because of its fundamentals and utility-first approach, as a cryptocurrency. Since …
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It seems like another great presale success is in the making this year. IMPT.io, an eco-friendly crypto, has raised upwards of $500k within two days of its presale. IMPT.io is another asset in a long line of sustainable cryptos that aims to transform the carbon offsetting industry – one that has, till now, kept mid-level …
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The trader who predicted the end of last year’s crypto bull market says he sees one Ethereum (ETH)-based altcoin posting massive gains in the coming months. Closely followed analyst Pentoshi tells his 615,400 Twitter followers that decentralized oracle network Chainlink (LINK) has been showing relative strength versus the broader crypto markets. According to Pentoshi, Chainlink …
The executive chairman of MicroStrategy, Michael Saylor, does not like to be called out. He responded to a poll shared by Eric Wall, a crypto researcher, that suggested he had not used Bitcoin’s (BTC) layer-2 Lightning Network more than three times with a Twitter poll of his own. The correct answer is Yes, and I …
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Bitcoin (BTC) held $20,000 into Oct. 5 with trader targets still including a fresh high before rejection. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $21,000 upside target to precede new lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $20,470 on Bitstamp overnight before returning lower. The pair succeeded in maintaining the 2017 …
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Emerging markets continue to forge their way into the crypto scene finding a plethora of use cases, especially in the combined Middle East and North Africa (MENA) region. A new report from Chainalysis reveals that the crypto market in the MENA region is the fastest growing in the world. Transaction volume in the MENA region …
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Nasdaq, the United States stock exchange, has no immediate plans of launching a crypto exchange until there’s better regulatory clarity from policymakers, said Tal Cohen, the company’s executive vice president. In an interview with Bloomberg, Cohen said that the retail side of the crypto market is fairly saturated and there are enough crypto exchanges catering to …
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Amidst all those ups and downs of the crypto industry, few tokens are receiving good responses. Terra Luna Classic has been experiencing good news, which has led to the currency’s gain of over 19% over the course of a month. The current live Terra Classic value is $0.000311 $ with such a $578,310,243 USD 24-hour …
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Non-fungible tokens (NFTs) belonging to Starry Night Capital, a subsidiary of collapsed Three Arrows Capital (3AC), have been moved to a Gnosis safe address, Nansen tweeted on Oct. 4. NFTs previously collected by Starry Night Capital are moving to a Gnosis Safe address. These NFTs include:– Pepe the Frog NFT Genesis, sold for 1,000 ETH …
A federal U.S. government organization said crypto markets pose a threat to broader financial stability if they continue growing without more thoughtful oversight and enforcement. The Financial Stability Oversight Council (FSOC) is chaired by the Secretary of the Treasury, Janet Yellen, and is tasked with identifying risks and responding to threats to financial stability. Crypto …
Japan’s Prime Minister Fumio Kishida has made Web3 development one of the pillars of economic revitalization since assuming office in 2021. 2 min read Updated: October 5, 2022 at 10:07 am Cover art/illustration via CryptoSlate Japan’s Prime Minister Fumio Kishida announced plans to expand investments into the metaverse and NFTs during a public policy speech …
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