Following the bankruptcy judge approving the release of $270 million in cash deposits, the crypto firm Voyager Digital has announced that it plans to open cash withdrawals starting on Thursday, August 11. After the cash withdrawal gates are open, Voyager customers can withdraw up to $100K in cash via an automated clearing house (ACH) transfer.…
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Tesla CEO Elon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the billionaire to force him to go through with the $44 billion deal to buy the platform. “The Musk parties bring their counterclaims for breach of contract and rescission on the basis of…
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The rise in the ETH/BTC pair is painting a bearish technical pattern, hinting at a potential correction. Ether (ETH), Ethereum’s native token, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, “the Merge,” grows. ETH at multi-month highs against BTC On the daily chart, ETH/BTC surged to an intraday…
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Minting a nonfungible token of artwork seems a no-brainer for an artist: Cointelegraph spoke to those that took the plunge. “Art is not a thing, it is a way,” said American writer Elbert Hubbard. For Bitcoin (BTC) artists, the way is inspired by Bitcoin, its code, its philosophy and its imagery. In some cases, it’s…
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Decentralized money markets function without a custodian, allowing only the original user to withdraw funds deposited by lenders and borrowers. The seamless flow of capital between borrowers and lenders is a key aspect of a vibrant economy. Anyone with an extra asset can lend it to put their idle capital to work, while people needing…
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ZEBEDEE, Halborn, Hashflow, Socios and EtherMail headline the latest funding deals from the world of blockchain and cryptocurrency. Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain companies collectively raised $30.3 billion in venture capital in the first half of 2022, exceeding all of last…
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BTC/USD could hit $30,000 if the current daily trend of higher highs and lows continues, one trader says as the market avoids weekend losses. Bitcoin (BTC) rose above $23,000 again into Aug. 6 as new analysis predicted a potential surge of 20% or more. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily chart gives trader…
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Avalanche was trading close to a two-month high on Saturday, despite markets mostly consolidating. Another exception was filecoin, which surged to start the weekend, climbing by over 10% in today’s session. As of writing, crypto markets are trading 1.03% higher. Avalanche (AVAX) Avalanche (AVAX) was one of Saturday’s notable gainers, as prices moved close to…
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Five days ago, the influential Chinese crypto miner, Chandler Guo, explained that a proof-of-work (PoW) version of Ethereum is “coming soon” as the community prepares for the network’s transition to proof-of-stake (PoS) next month. As usual, the idea of a forked token gets people excited and some individuals get upset, and even though the token…
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