On this week’s The Market Report show, Cointelegraph’s resident experts discuss if the potential collapse of the Credit Suisse bank could bring more volatility in the crypto market. To kick things off, we break down the latest news in the markets this week: BTC price still not at ‘max pain’ Bitcoin (BTC) starts a new …
Monthly archives: October 2022
Grayscale Bitcoin Trust terminates material agreements with Genesis
According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Grayscale Bitcoin Trust has terminated two agreements with cryptocurrency broker Genesis. First, Genesis will no longer assist Grayscale in the distribution and marketing of the latter’s shares. Second, from Oct. 3 onwards, Genesis will no longer be an authorized participant of the …
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What is PoW Ethereum (ETHW), and how does it work?
Ethereum blockchain shifted from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism on Sept. 15, 2022. Along with this move, ETHPoW, a distinct PoW blockchain (basically the old pre-Merge Ethereum) forked from Ethereum’s Merge, became live. This forked version of Ethereum aims to maintain the proof-of-work mining process for ETH miners. Any miner is …
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DogeCoin Surges 8% On News That Elon Musk Will Buy Twitter
Tesla Inc. Chief Executive Elon Musk is proposing to buy Twitter Inc. for $25 billion, or $54.20 a share, Bloomberg and other media outlets have reported. The proposal was submitted in a letter to Twitter’s board of directors, according to people familiar with the matter who asked not to be identified discussing confidential information. Twitter …
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Bridgewater Associates Founder Ray Dalio Steps Down As The Firm’s CIO, Surrenders The Future Of The Firm To The “Younger Generation”
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has stepped down as the firm’s CIO, Bloomberg reports. On September 30, Dalio transferred all his voting rights to the board of directors, entrusting its future to a new generation of leaders. Ray Dalio, founder of Bridgewater Associates, one of the largest hedge …
How 3 DeFi Hackers Allegedly Stole Over $450,000 In Digital Assets Via Beeple’s Twitter
Summary: DeFi hackers exploited digital artist Beeple’s Twitter account back in May. The attackers deployed phishing links to unsuspecting users and stole over $450,000 in non fungible tokens and other crypto assets. The exploit from Beeple’s Twitter account alone was around 225 Ether. On-Chain investigator ZachXBT opined on the involvement of three individuals. Zach’s findings …
Crypto Winter Cools Off Trading Activity For 12,100 Crypto Tokens
Summary: Cryptocurrency’s slump in 2022 has seen thousands of coins slow down in daily trading volume. On-chain analytics startup Nomics reported that more than 12,000 tokens have all but stalled since January. The slump also affected other industry sectors like exchanges and service providers. Data from on-chain metric aggregator Nomics showed that the trading volumes …
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The Coorest Carbon Standard Now Officially Certified
press release PRESS RELEASE. Coorest, a Polygon-native project, is the first blockchain project to have a certified standard for carbon compensation entirely on-chain — allowing anyone with an internet connection to compensate for their carbon footprint, thereby demonstrating that the newly certified Coorest Carbon Standard (CCS) is an excellent alternative to other pre-existing standards. As …
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5 Most Viewed Cryptos on CoinMarketCap – TAMA Leads the Chart
The bearish mood of the investors has significantly impacted the crypto market. There have been apprehensions about the downtrend and ‘Crypto Bubble Burst’ moment to happen soon. However, a few cryptocurrencies, especially meme-based coins have been on a different side. In this already volatile market, investors looking for a direction, here are the Top 10 …
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5 Best Coins for 100x Gains October 2021
There are currently over 20,000 currencies on the cryptocurrency market, but just a few have exponential growth potential. In this post, we’ll explore the best coins for 100x gains. 1. Tamadoge (TAMA) TAMA is the first token on our list of the best coins for 100x gains. This digital asset is the utility token for …
Breakout Alert for Bitcoin: Don’t Miss the BTC Rally
After trading in a narrow range for months, Bitcoin ($BTC) is now poised for a significant breakout over crucial resistance. Bitcoin ($BTC) reached a bottom in mid-June 2022 after declining 74% from its high of 69,000 last year. The King of Crypto has since been bouncing back and forth between 18,500 and 25,000. The long-term …
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Chainlink Price Prediction: LINK Is Making Efforts to Push Higher
Chainlink (LINK) Price Prediction – October 4Promissory trials have shown up in the LINK/USD trade, denoting the crypto market is making efforts to push higher through some resistance. The last ninety days of trading have been between the high and low of $5.80 and $9.44 value lines as price trades currently around $7.67 at a …
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Binance and Kazakhstan sign an MoU to identify and block illegal crypto assets
Binance, the world’s leading crypto exchange, announced recently that it had signed an MoU with Kazakhstan’s Financial Monitoring Agency. The move is a part of its global law enforcement training program, which involves law enforcement agencies and regulatory officials from all around the globe. The goal of the program is to improve industry cooperation with …
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Quant Analyst PlanB Says He’s Loading Up on Bitcoin As BTC Makes Once-in-a-Decade Signal
Popular quantitative analyst PlanB says he is buying Bitcoin (BTC) again and highlights data trends suggesting the king crypto may be gearing up for a surge. PlanB tells his 1.8 million Twitter followers he is seizing the opportunity to purchase the leading crypto as he has done at other times after significant price declines. “My first …
Is payments giant SWIFT preparing for a blockchain-bound future?
SWIFT is a payments colossus. It operates across more than 200 countries, has 11,000-plus financial institution clients and transmits some 8.4 billion financial messages every year. It is the global leader in cross-border bank-to-bank payments and recently played a key role in the West’s economic sanctions on Russia. That doesn’t mean the Belgium-based cooperative is …
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