Bitcoin price settled below the USD 20,500 level, extended losses and tested the USD 19,500 support zone. BTC is currently (14:57 UTC) consolidating near USD 19,900 and is down almost 3% in a day and 2% in a week. Similarly, most major altcoins are gaining bearish momentum. ETH traded below the USD 1,080 support zone.…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____… Read More: Gnosis Safe Gets New Name & USD 100M, STEPN Earns USD 123M, Playboy in The Sandbox + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Founders of troubled major crypto hedge fund Three Arrows Capital (3AC) and their families “have received threats of physical violence,” according to seemingly a screenshot of an email, shared by Su Zhu, the co-founder of the fund, today. He tweeted for the first time since June 15, sharing what appears to be an email from…
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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 to form…. Read More: Crypto…
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The crypto-powered play-to-earn (P2E) game Axie Infinity (AXS) is again showing signs of life, after being hit hard by a price collapse in the NFT and P2E sectors in crypto. However, sales of NFTs for the game have still fallen significantly in May and June…. Read More: Axie Infinity Shows New Signs of Life, Despite…
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Vitalik Buterin described a critic’s notion as an “unmitigated bare-faced lie” while sharing his thoughts on PoS voting. While some believe that Ethereum’s upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others are taking this opportunity to make snarky remarks on Twitter, triggering a rebuttal from Vitalik Buterin, a co-founder…
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The majority of big crypto mining firms have sold their self-mined Bitcoin, while a few firms like Marathon, Hut 8 and Hive still hold on. The price of cryptocurrency mining hardware is likely to continue falling in the near future amid the ongoing crypto winter, according to an executive at major Bitcoin (BTC) mining pool…
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This week, Bitcoin’s 150-day EMA is set to close below its 471-day EMA for only the third time in history. Bitcoin (BTC) could undergo a massive price recovery in the coming months, based on an indicator that marked the 2015 and 2018 bear market bottoms. What’s the Bitcoin Pi Cycle bottom indicator? Dubbed “Pi Cycle…
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Dunamu would open offices in major cities and create about 500 new startups focused on NFTs and the Metaverse. Dunamu, a major fintech firm in South Korea that operates crypto exchange Upbit and several other blockchain and securities platforms, is planning to invest 500 billion won ($380 million) to create about 10,000 new Web3 jobs…
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Switzerland’s fifth-largest financial institution is set to develop an independent cryptocurrency trading and custody service for its clientele. Switzerland’s Post Office is set to onboard cryptocurrency trading through its banking arm PostFinance as user appetite for custody grows in the country. Some 2.6 million users that currently bank with PostFinance, the fifth largest bank in…
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