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Access real-time blockchain and cryptocurrency news updates from around the globe.
IOSCO demands tighter scrutiny over the 'finfluencers'
The International Organization of Securities Commissions proposed a set of new measures to address increasing risks in digital marketing.
Community discusses why inflation isn't pushing more people to crypto
A community member started a discussion on r/cryptocurrency on why inflation isn’t pushing more people into the crypto space.
Blockchain.com closes crypto custody for Russians amid EU sanctions
Blockchain.com will soon shut down accounts of Russian nationals, while companies like Binance are also working to apply the new EU sanctions.
Blockchain.com closes crypto custody for Russians amid EU sanctions
Blockchain.com will soon shut down accounts of Russian nationals, while companies like Binance are also working to apply the new EU sanctions.
Ethereum price eyes 35% rally after 6,000 ETH gets burned in one week
A new crypto project aiming to mint tokens from burning Ether is behind Ethereum's deflationary turn.
Ethereum price eyes 35% rally after 6,000 ETH gets burned in one week
Ethereum’s native token, Ether (ETH), looks ready to undergo a massive rally due to a mix of technical and fundamental factors.
From a technical perspective, ETH’s price now eyes a 35% rebound by the end of October after holding testing a key support level. This level is a rising trendline that has capped Ether’s downside attempts since June 2022, as shown below.
ETH/USD weekly price chart. Source: TradingViewIn other words, traders have shown interest in buying Ethereum tokens near this level in recent weeks. Meanwhile, the accumulation sentiment has prompted the price to rise toward another significant level — a horizontal trendline resistance near $1,800, about 35% above the current price.
Ether supply drops by 6K ETH
The bullish technical outlook for Ether takes further take cues from its depleting supply in recent days.
Ether supply has dropped by nearly 6,000 ETH, or around $7.9 million, since Oct. 8. That marks the Ethereum network’s first deflationary move — where more ETH is being destroyed than created — since its switch from proof-of-work (PoW) to proof-of-stake (PoS) via the Merge one month ago.
Bitcoin 'bear trap' sees BTC price near $20K as daily gains top 9%
Over $320 million in liquidations accompanies a gruelling 24 hours for crypto traders.
Bitcoin 'bear trap' sees BTC price near $20K as daily gains top 9%
Bitcoin (BTC) delivered more surprises into Oct. 14 as the reaction to macro triggers saw a sudden run at $20,000.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks, crypto smoke shorts
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to one-week highs, gaining almost $2,000 in hours.
After the United States Consumer Price Index (CPI) print for September came in above expectations, an initial crypto rout put bulls on edge, but the pain was short lived.
Bitcoin ultimately ran higher than its pre-CPI levels, following stocks which were described as delivering the "biggest bear trap of 2022."
"That’s gotta be the biggest bear trap I’ve seen so far," popular Twitter trading account Stockrocker reacted.
Industry exec explains why NFT fraud protection falls on brand and not marketplaces
Brands that issue NFTs should hold the greatest responsibility to protect themselves and potential investors from fraud, an NFT security executive suggested.
MakerDAO revenue tumbles 86% on Ether and Wrapped BTC woes
Messari research shows MakerDAO has experienced its first quarter of net income loss since 2020 following a huge fall in loan demand and few liquidations.
MakerDAO revenue tumbles 86% on Ether and Wrapped BTC woes
Messari research shows MakerDAO has experienced its first quarter of net income loss since 2020 following a huge fall in loan demand and few liquidations.
OCC's Hsu says regulators are 'spending too much time' on crypto: Reuters
Michael Hsu stated that it is starting to worry him that “we’re not spending that time and attention on some other things," like fintech, which he described as the “future.”
FASB guidelines could 'smooth the way' for broader crypto adoption
Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States.
FASB guidelines could 'smooth the way' for broader crypto adoption
Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States.
NFTs will be ‘as disruptive’ as Bitcoin was 10 years ago — Kraken exec
Jonathon Miller, managing director of cryptocurrency exchange Kraken in Australia says despite NFT volumes plunging, the company remains “bullish on the NFT space.”
Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’
The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead.
Cosmos co-founder says a major security vulnerability has been uncovered on IBC
A public patch fixing the exploit is scheduled to be released tomorrow.
This is what your email could look like in Web3
The first generation of blockchain-based messaging platforms are attempting to address the missing pieces of Web3 adoption.
US lawmaker says crypto regulation from SEC is 'needed now'
Senator Hickenlooper requested the SEC engage with the public by opening a “notice-and-comment period” to develop rules and regulations applicable to crypto.