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Crypto Industry Portrayed 'Illusion of Respectability', Paul Krugman Says
12.7.2022
The cryptocurrency industry garnered an "illusion of respectability" after luring investors in with "technobabble and libertarian derp", the economist wrote in an opinion piece for the New York Times
Multicoin Capital Announces $430 Million Venture Fund for Crypto Startups
12.7.2022
The venture capital giant’s latest fund – in combination with already existing vehicles at Multicoin – will invest $500,000-$1 million in early-stage projects, and up to $100 million or more for more mature opportunities
Bitcoin 'Bear Flag,' Crypto Options Market Hint at Downside Risk
12.7.2022
The hedging behavior of bitcoin (BTC) market makers could exacerbate a price drop if there's a breakdown in the bearish chart pattern
Bitcoin price indicator that marked 2015 and 2018 bottoms is flashing
12.7.2022
This week, Bitcoin's 150-day EMA is set to close below its 471-day EMA for only the third time in history
Crypto Falls Ahead of US Inflation Figure as Bitcoin On-Chain Metrics Signal ‘Oversold Conditions’
12.7.2022
The crypto market fell on Tuesday ahead of a US inflation report for June that is feared to show that consumer prices have continued to rise at a faster pace despite interest rate hikes. Meanwhile, more on-chain signs are now indicating that a bottom for bitcoin (BTC) could be about...
Bitcoin, Ethereum Technical Analysis: BTC Below $20,000 as Markets React to Increasing Dollar Strength
12.7.2022
BTC fell below $20,000 on Tuesday, as volatility in financial markets continued to peak, due to current levels of inflation. The euro fell to its lowest level against the U.S. dollar in over twenty years, and this dollar strength seems to be impacting crypto prices. ETH also slipped, falling below...
Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says
12.7.2022
The Bank of England deputy governor said the recent crypto collapse does not mean crypto is ‘over,’ and regulators should accelerate rulemaking
Swiss Post's banking arm developing in-house crypto custody platform
12.7.2022
Switzerland’s fifth-largest financial institution is set to develop an independent cryptocurrency trading and custody service for its clientele
Best Early Investments For Multi-Million Dollar Potential Returns: Uniglo (GLO), Fantom (FTM), & Evmos (EVMOS)
12.7.2022
Getting in early is key with a lot of crypto projects these days. That’s how Bitcoin made millionaires and billionaires- those who bought BTC when it was $0.10 or $1 each. NOT those people that switched their investment funds in at $20,000. While BTC might still have upside after some recent...
Everscale Trail-Blazes Through H1 2022
12.7.2022
With live-tested transaction speeds of 64,000 TPS, infinitely scalable blockchain Everscale is undeniably one of the fastest out there, and if H1 2022 is anything to go by, its development progress is no less rapid. Despite seriously bearish trends in the crypto market triggered in large part...
Law Decoded, July 4–11: Access denied for crypto-owning policymakers
12.7.2022
An advisory notice from the United States Office of Government Ethics intends to leave the hodlers out of decision-making on crypto
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12.7.2022
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Online brokerage M1 Finance to launch crypto trading accounts
12.7.2022
U.S. brokerage firm M1 Finance will soon roll out crypto accounts and commission-free trading services for ten digital assets
Brazilian Fintech PicPay to Launch Crypto Exchange, Real-Tied Stablecoin
12.7.2022
The company, which has 30 million active users, will offer bitcoin, ether and USDP trading
G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October
12.7.2022
The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October. FSB to Present Robust Crypto Regulatory Framework to G20 in October...
Developer Ambushes NFTs In Public Talk, Makes Crypto Sponsors Real Mad
12.7.2022
During Brazil’s International Games Festival last week, developer Mark Venturelli (Chroma Squad) was scheduled to give a talk called “The Future Of Game Design”. A few seconds in, he flipped and revealed the presentation’s real title—“Why NFTs are a nightmare”—to a room full of applause.Read more
Survey: Investors Expect Bitcoin’s Price to Fall to $10,000
12.7.2022
A new survey shows that the majority of nearly 1,000 investors who responded expect bitcoin’s price to drop to $10K. In addition, 28% of respondents expressed strong confidence that cryptocurrencies are the future of finance while 20% said they are worthless. Investors Believe Bitcoin Could...
GameStop Boss Celebrates NFT Marketplace Days After Laying People Off
12.7.2022
GameStop celebrated the launch of its NFT marketplace on Monday. Its Ethereum-based depot for virtually autographed JPEGs arrived just days after the meme stock giant ruthlessly laid off more employees, and based on my short tour through its website, it’s also still a little broken in places.Read...
Crypto miners in Texas shut down operations as state experiences extreme heat wave
11.7.2022
ERCOT reported that wind generation in Texas was “generating significantly less," potentially leaving the state unable to meet energy demands during triple-digit temperatures
Venezuelan Crime Gang Was ‘Stealing Crypto from Retirees’
11.7.2022
A Venezuelan police agency says it has caught criminals who have allegedly stolen cryptoassets from pensioners by misusing the Patria crypto remittance platform....
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