Dfinity Foundation’s Internet Computer blockchain is bringing smart-contract capabilities to the Bitcoin (BTC) network, potentially opening the door to new use cases for the premier cryptocurrency. Internet Computer will utilize its so-called chain key cryptography to integrate with Bitcoin, paving the way for smart contracts with native BTC addresses that are hosted directly on Internet …
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Recent data from the Crypto Fear & Greed Index indicates that the cryptocurrency market is experiencing a period of investor fear with a 3-month low score of 27 out of 100. By utilizing leading cryptocurrency asset Bitcoin (BTC) as the markets representative, the seasoned technical analysis tool informs cryptocurrency traders worldwide on the current emotional …
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The United States Department of the Treasury has announced it will impose sanctions on Czech Republic and Russia-based business Suex OTC for allegedly allowing hackers to access cryptocurrency sent as payment for ransomware attacks. In a Sept. 21 advisory update, the Treasury Department Office of Foreign Assets Control, or OFAC, added Suex OTC to its …
Ethereum’s native token Ether (ETH) rates may fall to a two-month low after it slid below support at around $2,954, based on a classic trading pattern. The $2,954 level represents a so-called neckline constituting a head and shoulders setup. In detail, the said support level appears to be a floor to three peaks, with the …
Global crypto exchange Binance is reportedly under investigation in the US for possibly engaging in insider trading and market manipulation. Citing anonymous sources with knowledge of the matter, Bloomberg reports the Commodity Futures Trading Commission (CFTC) is currently probing whether Binance or its staff took advantage of its customers to generate profits. ADVERTISEMENT According …
Blockchain intelligence platform Metrika has concluded a $14 million Series A fundraiser to bootstrap the next phase of its growth strategy, further underscoring the venture capital demand for budding blockchain startups. Metrika announced Tuesday that the funding will be used to further develop its blockchain intelligence platform, which provides monitoring and analytics for decentralized networks, …
Continue reading “Coinbase Ventures, Samsung NEXT back Metrika’s $14M Series A”
Bitcoin (BTC) won’t be making Galaxy Digital CEO Mike Novogratz “nervous” unless it dips below $40,000. In an interview with CNBC on Sept. 21, the infamously bullish investor calmed fears about the latest sell-off across cryptocurrency. Novogratz on institutions: “I see nothing but engagement and activity” Despite the macro environment wobbling over China and Bitcoin …
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The central bank of Ukraine has moved to support the development of the cryptocurrency industry after the Ukrainian parliament adopted a major crypto law in early September. The National Bank of Ukraine (NBU) issued Sept. 13 an official statement on basic principles of monetary policies for the upcoming year, paying particular attention to the regulation …
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PayPal has announced the release of a new app billed to be a one-stop-shop for all of the digital payment needs of the company’s customers. As previously reported by Cointelegraph, PayPal CEO Dan Schulman stated back in July that the company’s super app was ready for a rollout in the United States. According to a …
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Crypto trader and YouTube influencer Aaron Arnold is highlighting his top five altcoins as he predicts the crypto markets are about to go insane. In a new video, Arnold tells his 998,000 YouTube subscribers that he’s bullish on decentralized oracle Chainlink. ADVERTISEMENT “Chainlink is kind of a blue-chip in what it does. No other …
Bitcoin (BTC) bounced off $40,000 on Tuesday as attention returned to United States regulators. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $45,000 target emerges for bulls Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $43,000 Tuesday ahead of fresh comments from Gary Gensler, chair of the Securities and Exchange Commission. BTC price action steadied …
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German stock market operator Deutsche Boerse continues diving into the cryptocurrency derivatives by listing three new crypto exchange-traded notes (ETNs) by VanEck. Deutsche Boerse officially announced on Sept. 21 that VanEck’s new ETNs on Polkadot (DOT), Solana (SOL) and Tron (TRX) are now tradable on its digital stock exchange Xetra and the Frankfurt Stock Exchange. The …
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Miami Mayor Francis Suarez has been celebrating the success of a recent initiative to fund municipal projects through the proceeds of a city-specific crypto protocol built atop the Bitcoin (BTC) blockchain. On Sept. 13, Miami’s city commissioners voted to accept funds generated by a new cryptocurrency, MiamiCoin, which was launched in August by CityCoins. The …
Continue reading “MiamiCoin generated $2K every 10 minutes for the city, says mayor”
Decentralized finance (DeFi) platform Vee Finance reported $35 million in losses in an exploit, just a few days after launching its mainnet on the Avalanche network. After pausing services due to suspicious activity on Monday, Vee Finance confirmed that its platform was under attack resulting in a loss of 8,804 Ether (ETH) and around 214 …
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The crypto analyst and trader who accurately called Bitcoin’s top just under $65,000 in May is now laying out his worst-case scenario for BTC. The pseudonymous trader, known as Dave the Wave, tells his 77,700 followers that Bitcoin’s current price action looks similar to 2014, where the leading crypto asset plunged from around $988 down …
