Polkadot maintains crucial support despite growing pressure.

Polkadot maintains crucial support despite growing pressure.

The last 7 days were the most volatile in the crypto market for months.…

The post Polkadot maintains crucial support despite growing pressure appeared first on CoinJournal.

Bitcoin Reclaims $20,000, But This Famed Finance Personality Warns Of Bull Trap Potential.

Even though the recent corrective rally has provided somewhat of a sigh of relief for BTC prices, some market observers are far from convinced that the sell-off is over. origin »

SHIB Hits New Milestone, Charles Hoskinson Denies Claiming to Be Satoshi, Kraken Lists DOGE Futures: Crypto News Digest by U.Today.

Read U.Today’s news digest to not miss out on the latest crypto news! origin »

Announcing VeChain and UFC International Fight Week Community Ticket Giveaway!.

To celebrate the successful launch of our long-term global marketing partnership deal with UFC, the VeChain Foundation is launching a special event – 12 tickets will be given away to VeChain Community members to attend UFC 276 in Las Vegas on July 2, 2022. origin »

VeChain Heads For Consensus Update, Can VET Price Lessen Bearish Pressure?.

VeChain follows the general sentiment in the market and has experienced some relief across low timeframes. The crypto market trended below the critical support zone during the weekend but saw it bounce during today’s trading session. origin »

Chinese court invalidates 2019 car sale made using now worthless crypto token.

It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable digital token in the first place. origin »

The Sandbox (SAND) Weekly RSI Falls to New All-Time Low.

The Sandbox (SAND) has reached a long-term horizontal support level and broken out from a descending resistance line shortly afterward. The post The Sandbox (SAND) Weekly RSI Falls to New All-Time Low appeared first on BeInCrypto. origin »

Synthetix has surged 100% in 24 hours – Here is why.

Synthetix (SNX) is now the top-performing cryptocurrency over the past 254 hours. While some… The post Synthetix has surged 100% in 24 hours – Here is why appeared first on CoinJournal. origin »

Avalanche reclaims $14 support after June crash.

June has been a devastating month for crypto investors. But despite this, we are…

The post Avalanche reclaims $14 support after June crash appeared first on CoinJournal.

Michael Saylor says a ‘parade of horribles’ are hurting Bitcoin.

MicroStrategy CEO Michael Saylor says there’s a whole list of aspects and practices that… The post Michael Saylor says a ‘parade of horribles’ are hurting Bitcoin appeared first on CoinJournal. origin »

Crypto payment processor CoinPaid increases capital reserves to 5M EUR.

CoinsPaid, an Estonia-based crypto payment processor, today announced that it has raised its capital reserves to 5 million euros. Operating from tech-savvy Estonia, CoinsPaid increased its capital due to new compliance requirements for cryptocurrency companies. origin »

Why the crypto market crash may play in Bitcoin's favour.

Podcaster and Bitcoin educator Natalie Brunell believes the current market turmoil could lead to regulation favoring Bitcoin over alts. origin »

Several Popular Web Services Including Crypto Exchanges Knocked out in Cloudflare Outage.

An outage from content infrastructure provider Cloudflare left many popular web services without access for several hours, including several major cryptocurrency exchanges. The post Several Popular Web Services Including Crypto Exchanges Knocked out in Cloudflare Outage appeared first on BeInCrypto. origin »

Bitcoin Is Venice: What Medici Patience Can Teach Us Today.

Like the Medicis of Renaissance Venice, those who embrace Bitcoin will be incentivized to create long-lasting impact. origin »

BOSO TOKYO AMA live with CryptoSlate 8PM BST June 21.

CryptoSlate is teaming up with NFT project BOSO TOKYO to host an AMA where participants have the chance to win a whitelist spot on the upcoming mint. The post BOSO TOKYO AMA live with CryptoSlate 8PM BST June 21 appeared first on CryptoSlate. origin »

Solend Community Passes Counter Proposal After SLND1 Criticism; Forfeits Emergency Powers to Overtake Accounts.

Two community proposals by Solana-based DeFi protocol Solend were voted on recently to mitigate risks from whales that operate on large margin positions. The post Solend Community Passes Counter Proposal After SLND1 Criticism; Forfeits Emergency Powers to Overtake Accounts appeared first on BeInCrypto. origin »

Bank of Israel Digital Shekel CBDC Trial Highlights Risk of Unsupervised Smart Contracts.

After extensive digital shekel CBDC research lasting almost a year, Israel's central bank believes that smart contracts should fall under its supervision. The post Bank of Israel Digital Shekel CBDC Trial Highlights Risk of Unsupervised Smart Contracts appeared first on BeInCrypto. origin »

Fiat-Backed Stablecoins are the Only Safe Option: Here’s Why.

Fiat-Backed stablecoins are a very different animal to CBDCs. Here's why.

The post Fiat-Backed Stablecoins are the Only Safe Option: Here’s Why appeared first on BeInCrypto.

ProShares To Release ETF That Allows Investors To Short Bitcoin.

ProShares will release a new ETF allowing investors to short bitcoin during harsh market conditions enabling institutions to legally bet against the asset. origin »

Op-Ed: The latest trends in hacker attacks and how to deal with them.

As the DeFi sector continues to attract money and users, bad actors from around the world continue to view it as an attractive target that is ripe for the picking and poorly protected. The post Op-Ed: The latest trends in hacker attacks and how to deal with them appeared first on CryptoSlate. origin »

Ukraine Sells Donated CryptoPunk NFT for $100K to Support War Effort.

The NFT was given to the country in March near the start of its crypto fundraising campaign. origin »

Iranian government to cut power supply for the country's legal crypto mining rigs.

For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable. origin »

Fidelity CEO Abigail Johnson Reiterates Belief In Crypto Despite Market Downturn.

This year has been considerably rough for the crypto markets compared to last year’s bull run. However, institutional adoption of the nascent market isn’t slowing down. For example, Fidelity chair Abigail Johnson has again stated her strong belief in crypto in the long term. origin »

More Than 70 Million SHIB Burned Via Amazon This Sunday.

This weekend, this business platform destroyed more than 70 million SHIB via Amazon and other projects origin »

$220,000 for Bitcoin Still in Play This Year: Max Keiser.

Prominent Bitcoin maximalist Max Keiser believes that this year Bitcoin still has high odds of reaching $220,000 origin »

ProShares Unveils First U.S. ETF To Bet Against Bitcoin.

ProShares, the investment firm that launched one of the first bitcoin futures exchange-traded funds (ETF) in the United States, has just announced the launch of a new vehicle that will allow investors to bet against the price of the bellwether cryptocurrency. origin »

Why Vitalik Buterin Is Not Worried About Ethereum Crashing.

The inventor of Ethereum Vitalik Buterin and his father Dmitry “Dima” Buterin talked about the crypto market, volatility, and speculators. In an interview with Fortune Magazine Buterin claimed he is unbothered by ETH’s price downside action. origin »

Here's Bitcoin miners' plan to survive the crypto-crisis (to make ends meet).

Bitcoin [BTC]'s ongoing bearish streak has significantly affected not just holders, but even miners. Bitcoin miners turned into net sellers of Bitcoin, with miner inventories dropping to new lows. origin »

Avalanche (AVAX) Generates Bullish Divergence Inside Bullish Pattern, Next Resistance at $28.

Avalanche (AVAX) has been gradually decreasing inside a descending wedge since May 12, and possibly initiated a reversal on June 19. The post Avalanche (AVAX) Generates Bullish Divergence Inside Bullish Pattern, Next Resistance at $28 appeared first on BeInCrypto. origin »

The worst is yet to come for the crypto market, experts say.

The cryptocurrency market is going through dire turmoil this week, along with the traditional stock market. The post The worst is yet to come for the crypto market, experts say appeared first on CryptoSlate. origin »

Babel Finance reaches debt agreement to ease liquidity pressure.

Cryptocurrency lender Babel Finance, which halted withdrawals on June 17 citing liquidity pressure, has reached preliminary agreements with counterparties to ease short-term liquidity. The post Babel Finance reaches debt agreement to ease liquidity pressure appeared first on CryptoSlate. origin »

Ripple CTO on Solend's Whale Liquidation Crisis; Decentralized Systems Are Very Democratic.

Release of XRP is controlled by these escrows on ledger origin »

Crypto Industry's Ad Spending Collapses by 90%.

Cryptocurrency ad spending blitz came to an end after prices crashed origin »

Solend backtracks on ’emergency power’ proposal following community backlash.

Solana-based decentralized finance protocol Solend backtracked on its initial proposal to take over a whale’s wallet by allowing users to vote on whether it should proceed or find another solution. origin »

Bitcoin mints more than 13,000 'wholecoiners' in the past seven days.

Small wallet addresses—those containing 0.1 Bitcoin or more—continue to accumulate Bitcoin at a rapidly increasing rate.

Basic Attention Token (BAT) Increases by 50% Since June Lows: Multi-Coin Analysis.

Be[In]Crypto analyzes the price movement for seven different cryptocurrencies, including Basic Attention Token (BAT), which has seemingly completed a five-wave downward movement. The post Basic Attention Token (BAT) Increases by 50% Since June Lows: Multi-Coin Analysis appeared first on BeInCrypto. origin »

Crypto Outflows Push Assets Under Management to Lowest Level Since Feb 2021.

Outflows from digital asset investment products amounting to $39 million last week have pushed total assets under management (AuM) to their lowest point since Feb 2021. The post Crypto Outflows Push Assets Under Management to Lowest Level Since Feb 2021 appeared first on BeInCrypto. origin »

Top Tools to Remain Anonymous in the Crypto Market.

Anonymity in the cryptocurrency market is an important safety element. Refusal to provide third parties with personal data safeguards users from data leakages and their consequences. At the same time, anonymity in the crypto market conflicts with regulators’ interests. origin »

ProShares to Launch New Short-Bitcoin Strategy ETF.

ProShares will introduce a short-Bitcoin futures exchange-traded fund tomorrow on the New York Stock Exchange to track the inverse behavior of the S&P CME Bitcoin Futures Index. The post ProShares to Launch New Short-Bitcoin Strategy ETF appeared first on BeInCrypto. origin »

Binance to Temporarily Suspend Tron Deposits and Withdrawals in 3 Days.

Binance has announced that it plans to conduct Tron wallet maintenance origin »

Crypto companies pull out of sponsorship deals amid market downturn.

New York Post reveals that cryptocurrency companies are cutting costs by pulling out of sponsorship and marketing deals as the crypto market crashed to its lowest in almost two years. The post Crypto companies pull out of sponsorship deals amid market downturn appeared first on CryptoSlate. origin »

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BIS General Manager calls on people to trust central banks, CBDCs.

In drumming up interest for this year’s Bank of International Settlements (BIS) Annual Report, General Manager Agustin Carsten said, “the soul of money is trust,” about Central Bank Digital Currencies (CBDCs). origin »

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Axie Infinity top NFT community in 112 countries.

Axie Infinity is the most popular NFT community in 112 countries, according to a recent study by CashNetUSA. The post Axie Infinity top NFT community in 112 countries appeared first on CryptoSlate. origin »

Cardano developers exercise caution and delay Vasil hard fork.

A blog post from Cardano developers Input Output (IO) confirmed the Vasil hard fork is delayed. The post Cardano developers exercise caution and delay Vasil hard fork appeared first on CryptoSlate. origin »

Cardano Developers Delay 'Vasil' Upgrade Citing Bugs.

Seven bugs remained outstanding and caused developers to delay the hard fork, leading to a delay in the scheduled upgrade. origin »

DeFi Total Value Locked (TVL) Declines 35% In One Month To 15-Month Lows.

The decentralized finance (DeFi) market has taken a massive hit with the recent crypto market downtrend. The space which had been the breakout star of 2021 had quickly begun losing all of the value accrued during the bull market. origin »

ProShares to launch first Short Bitcoin Strategy ETF in the US.

Bitcoin traders in the United States looking to benefit from the price movement of the flagship cryptocurrency will from 21 June 2022 have a bitcoin-linked product to explore with. The ProShares Short Bitcoin Strategy ETF (NYSE: BITI) is set to hit the market, according to leading exchange-traded funds (ETFs) provider ProShares. origin »

Cardalonia Metaverse Project Integrates Adahandle Set To Release First Metaverse Trailer.

Blockchain and metaverse gaming has become quite popular recently, and these games are gradually transforming the entire gaming industry with the introduction of non-fungible assets as tokens existing on the blockchain. origin »

Cardano (ADA) Builders Launch Platform's First Light Wallet.

One-stop shop wallet solution from Cardano finally here origin »