The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future.
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KPMG enters the metaverse, invests $30M in Web3 employee training
The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.
SOL price eyes 75% rally as Solana paints a bullish reversal pattern
Solana (SOL) continued its recovery trend on June 28 while inching closer to triggering a classic bullish reversal setup.
SOL's price gained 2.42%, reaching an intraday high of $39.40/ The SOL/USD pair is now up 50% as a part of a broader retracement move that began on June 14 after falling to lows of $26.
SOL/USD daily price chart. Source: TradingViewSolana price eyes 75% rally
The latest buying period in the Solana market has been painting what appears to be an "inverse head and shoulders pattern (IH&S)" pattern.
The bullish reversal setup appears when the price forms three troughs in a row below a common support trendline called "neckline." The middle trough, known as "head," is always deeper than the other two troughs, called shoulders.
An IH&S setup resolves after the price breaks above the neckline level. Also, as a rule of technical analysis, the pattern's profit target comes to be at length equal to the maximum distance between the head's lowest tip and the neckline.
SOL price eyes 75% rally as Solana paints a bullish reversal pattern
SOL's interim upside target is near $47, up about 20% from its current price.
Crypto more popular among millennials than mutual funds, survey shows
The report titled “How Millennials See Their Financial Future” showed that 40% of millennial survey participants have invested in crypto.
3 charts showing this Bitcoin price drop is unlike summer 2021
Bitcoin looks like a different planet this year, according to several popular on-chain metrics.
3 charts showing this Bitcoin price drop is unlike summer 2021
Bitcoin (BTC) bear markets come in many shapes and sizes, but this one has given many reason to panic.
BTC has been described as facing "a bear of historic proportions" in 2022, but just one year ago, a similar feeling of doom swept crypto markets as Bitcoin saw a 50% drawdown in weeks.
Beyond price, however, 2022 on-chain data looks wildly different. Cointelegraph takes a look at three key metrics demonstrating how this Bitcoin bear market is not like the last.
Hash rate
Everyone remembers the Bitcoin miner exodus from China, which effectively banned the practice in one of its most prolific areas.
While the extent of the ban has since come under suspicion, the move at the time saw huge numbers of network participants relocate — mostly to the United States — in a matter of weeks.
Not the best week for crypto lending: Law Decoded, June 20-27
The Celsium failure continues to draw attention to the lending issues from regulators and community.
Uzbekistan warms up to Bitcoin mining, but there’s a catch
The executive order spares all the mined assets from taxation and bans mining anonymous currencies.
Celsius denies allegations on Alex Mashinsky trying to flee US
Celsius CEO Alex Mashinsky wasn't trying to leave the U.S. last week but has continued to work on recovering liquidity and operations, the company has claimed.
Celsius denies allegations on Alex Mashinsky trying to flee US
Troubled crypto lending firm Celsius is putting their best foot forward to recover operations alongside CEO Alex Mashinsky, who currently stays in the United States, the company has claimed.
A spokesperson for Celsius has denied rumors that the company's CEO tried to flee the U.S. last week amid the ongoing liquidity crisis of the Celsius Network.
The representative told Cointelegraph on Monday that the firm continues working on restoring liquidity, stating:
“All Celsius employees — including our CEO — are focused and hard at work in an effort to stabilize liquidity and operations. To that end, any reports that the Celsius CEO has attempted to leave the U.S. are false.”
Celsius’ statement came shortly after Mike Alfred, co-founder of the crypto analytics firm Digital Assets Data, took to Twitter on June 26 to claim that Mashinsky attempted to leave the country last week via Morristown Airport in New Jersey, the United States.
Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K
The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow.
Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K
The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow.
CoinFLEX recovery plan includes tokenized bad debt and more yields
The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired.
Crypto community confused as Celsius continues with weekly rewards
Some Twitter users have called it “insulting” that Celsius continues to pay weekly rewards despite still pausing withdrawals.
Community reacts after SEC’s Gensler affirms BTC’s commodity status
Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity.
Community reacts after SEC’s Gensler affirms BTC’s commodity status
Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity.
Community reacts after SEC’s Gensler affirms BTC’s commodity status
Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity.
Harmony hacker sends stolen funds to Tornado Cash mixer
The exploiter seems to have rejected the Harmony team’s bounty offer of $1 million to return the $100 million stolen from the Horizon Bridge token bridge.
Harmony hacker sends stolen funds to Tornado Cash mixer
The exploiter seems to have rejected the Harmony team’s bounty offer of $1 million to return the $100 million stolen from the Horizon Bridge token bridge.