The SEC’s crackdown on Kraken has sent a shockwave through the crypto sector. Is this week’s correction a buy the dip opportunity or a sign of worse things to come?
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Access real-time blockchain and cryptocurrency news updates from around the globe.
Binance upgrades Proof of Reserves verification to include zk-SNARKs
The zk-SNARKs upgrade promises to significantly improve the security and transparency of the verification process.
Co-founders of StoryCo discuss how blockchain technology can evolve the way IP is franchised
NFT Steez chats with StoryCo co-founders J.P. and Justin Alanis about how NFTs can expand co-creation and evolve storytelling in Web3.
Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems
NFT Steez chats with Worldwide Webb founder Thomas Webb to discuss the future impact of interoperability in Web3 and the Metaverse.
Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems
NFT Steez chats with Worldwide Webb founder Thomas Webb to discuss the future impact of interoperability in Web3 and the Metaverse.
What is a coinbase transaction?
A coinbase transaction is the first transaction created in each new block, and it has key features that differentiate it from other transactions.
What is a coinbase transaction?
A coinbase transaction is the first transaction created in each new block, and it has key features that differentiate it from other transactions.
Bitcoin price faces key moving average showdown 3 weeks after breakout
The 200-day moving average is coming back to haunt BTC bulls after staying as resistance for over a year.
Bitcoin price faces key moving average showdown 3 weeks after breakout
Bitcoin (BTC) saw no relief at the Feb. 10 Wall Street open as United States equities dipped further.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"All eyes" on 200-day moving averages
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it tracked sideways following a volatile 24 hours’ trading.
Existing market weakness was compounded by an announcement from U.S. regulators concerning Ethereum (ETH) staking, with major crypto exchange Kraken forced to suspend its staking operations and pay a $30 million fine.
Bitcoin fell to three-week lows as a result, with traders eyeing potential retests of $20,000 and even $19,000 to come.
On the day, stocks offered little by way of comfort to risk asset traders, with the S&P 500 opening down to cross a significant line in the sand left over from late last year.
SEC chair issues warning to crypto firms after action on Kraken staking
“Don’t have your hand in the customer’s pocket, using their funds for your own platform," Gary Gensler said to companies that needed to register with the SEC.
The history of mining: From the stone age to the digital era
The history of mining reflects the ongoing evolution of technology and human ingenuity in the pursuit of extracting valuable resources from the earth.
The history of mining: From the stone age to the digital era
The history of mining reflects the ongoing evolution of technology and human ingenuity in the pursuit of extracting valuable resources from the earth.
PayPal held $604M in Bitcoin and other crypto by the end of 2022
Bitcoin and Ether have the largest share in PayPal’s crypto assets, accounting for $291 million and $250 million in the asset breakdown, respectively.
Crypto projects respond to privacy coin ban in Dubai
Christopher Goes, co-founder of privacy protocol Anoma, pointed out that privacy is a basic human right and a ban demonstrates a lack of consideration for the public.
Community urges Coinbase to relist XRP as CEO fights for staking
The community wonders whether delisting XRP in 2020 was due to Coinbase’s willingness to protect customers from “government overreach.”
China to launch national blockchain research center
The goal of the new state-supported institution is to speed up the country’s industry through blockchain technology.
Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs
Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000.
BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCrypto wipeout mounts as BTC price loses $22,000
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $21,633 on Bitstamp.
The pair reacted badly to regulatory fears from the United States but had already faced days of bearish sentiment, with traders expecting a retest of $21,000 or even lower.
At the time of writing, Bitcoin traded at around $21,800, down around 7% in February so far.
“Bear market back or are we just having a slight correction?” Cointelegraph contributor Michaël van de Poppe, founder and CEO of trading firm Eight, queried on the day.
Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs
Panic over regulatory enforcement sees Bitcoin and altcoins give up recent gains, costing long traders over a quarter of a billion dollars in a single day.
Bitcoin price taps 3-week lows as SEC fears liquidate $250M of crypto longs
Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000.
BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCrypto wipeout mounts as BTC price loses $22,000
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $21,633 on Bitstamp.
The pair reacted badly to regulatory fears from the United States but had already faced days of bearish sentiment, with traders expecting a retest of $21,000 or even lower.
At the time of writing, Bitcoin traded at around $21,800, down around 7% in February so far.
“Bear market back or are we just having a slight correction?” Cointelegraph contributor Michaël van de Poppe, founder and CEO of trading firm Eight, queried on the day.
South Korea sets independent sanctions for crypto theft against North Korea
The sanctions against several well-known individuals and hacking groups came just hours after S. Korea announced a joint cyber venture with U.S. intelligence agencies against ransomware threats.