Crypto winter presents an opportunity amid chaos, says asset group exec
Alex Tapscott told Cointelegraph that bear markets lead to great ideas being formed and new businesses being built. Bear markets often result in investors showing extreme fear in tools that measure the market’s sentiments. However, despite the uncertainties during a …
Bitcoin circles $20K pre CPI amid warning Fed risks ‘blowing up’ economy
“Highly elevated” CPI numbers due in hours as one theory suggests that there is already no more room for Fed rate hikes. Bitcoin (BTC) rebounded from overnight lows on July 13 as markets nervously waited for United States inflation data. …
Bitcoin not a currency? South Africa to regulate crypto as financial asset
South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months. The South African Reserve Bank is set to introduce regulations next year that will see cryptocurrencies classed and treated as …
MoonPay to make Web3 payments with Unstoppable Domains partnership
Ivan Soto-Wright, the co-founder and CEO of MoonPay said the partnership enhances the tail-end of a user’s journey by replacing complex characters with NFT domains. Unstoppable Domains has partnered with crypto payment firm MoonPay to incorporate nonfungible token (NFT) domains …
Shanghai included blockchain, NFTs and Web3 in its 5-year plan
The municipal government pledged to support the enterprises that are discovering the non-fungibles market. China’s biggest city Shanghai officially intends to boost the development of innovations such as blockchain, nonfungible tokens (NFTs), metaverse and Web3 in general during its next …
Vermont becomes the sixth US state to launch investigation against Celsius
The state financial regulator alleged that Celsius violated state security laws by offering high crypto interest rate accounts to customers and unethically using clients’ funds to invest in illiquid products. Vermont’s Department of Financial Regulation (DFR) issued a warning against …
Ethereum price risks ‘bear flag’ breakdown, 20% drop against Bitcoin
Ethereum funds have been undergoing a modest recovery after witnessing 11 weeks of continuous outflows. Ethereum’s native token, Ether (ETH), is down nearly 40% against Bitcoin (BTC) since December 2021. But even more pain is possible for the ETH/BTC pair …
‘Hypocrisy’: Judge denies SEC motion to keep Hinman docs secret in Ripple case
The SEC has argued that the documents should be protected because Hinman wrote the speech as a “personal errand,” but the judge didn’t buy it. The Securities and Exchange Commission (SEC) has suffered a blow in its case against Ripple, …
Institutional investor sentiment about ETH improves as Merge approaches
Professional investors are warming to Ethereum again as ETH-based funds see a third consecutive week of inflows. Ethereum prices may have dipped again today, but there are signs that professional investors are warming to the asset as the highly anticipated …
Why Coinbase is banning slide decks and ‘endless meetings’
Coinbase CEO Brian Armstrong is looking for enhanced efficiency from its internal teams, noting that rapidly growing firms often become complacent and slow. Crypto exchange Coinbase is getting rid of slide decks and “endless meetings” as a way to improve …