Bitcoin Rose From $18,700 Level; Will BTC Cross $30K?
Telegraph
Bitcoin Rose From $18,700 Level; Will BTC Cross $30K?
www.cryptonewsz.com Reading time: ~2 m Ever wondered why major cryptocurrencies are often tied with the performance of Bitcoin in general. While not all of them are pegged with BTC, it showcases buyers the comparative performance of a market leader with other…
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Former NYSE Group President Believes Bitcoin Could Retest $17,000
Telegraph
Former NYSE Group President Believes Bitcoin Could Retest $17,000
u.today Reading time: ~2 m During a recent appearance on CNBC, Tom Farley, former president of the NYSE Group, predicted that the price of Bitcoin may end up retesting the $17,000 level. Yet, he believes that the cryptocurrency has reached at least a short…
Dogecoin, Shiba Inu Prices Pump as Elon Musk Doubles Down on DOGE
Telegraph
Dogecoin, Shiba Inu Prices Pump as Elon Musk Doubles Down on DOGE
decrypt.co Shiba Inu and Dogecoin, the crypto market’s two biggest “meme coins,” are skyrocketing today. At the time of writing, Shiba Inu, or SHIB, was up 28.2% in the past 24 hours while Dogecoin jumped by 13%. The move follows comments by Tesla SpaceX…
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Bitcoin price taps 5-day highs as Shiba Inu leads altcoin gains
Cointelegraph
Bitcoin price taps 5-day highs as Shiba Inu leads altcoin gains
BTC price action finds fresh inspiration as Bitcoin heads toward $22,000.
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Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts
Cointelegraph
Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts
Crypto mining firm Bitfarms said it had sold 3,000 Bitcoin in the last seven days for $62 million, using the funds to reduce its $100-million "BTC-backed credit facility with Galaxy Digital."
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$124 Billion Wiped Out of Ethereum Market in 6 Weeks, Report Says
Telegraph
$124 Billion Wiped Out of Ethereum Market in 6 Weeks, Report Says
coinquora.com Reading time: ~2 m According to data from Glassnode, a blockchain metric tracker, the Ethereum (ETH) decentralized finance (DeFi) market underwent a dramatic deleveraging, where over $124 billion in capital disappeared in six weeks. Glassnode…
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Less than 1% of all holders have 90% of the voting power in DAOs: report
Cointelegraph
Less than 1% of all holders have 90% of the voting power in DAOs: Report
The Chainalysis report highlighted that although all governance token holders have voting rights, the right to make a new proposal for the community and to pass it is not very easy for everyone, given the number of tokens required to do so.
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Hundreds of Bored Ape owners sign up to hire out their NFTs to brands
Cointelegraph
Hundreds of Bored Ape owners sign up to hire out their NFTs to brands
Blockchain accelerator Mouse Belt Labs launched the marketplace called Boredjobs claiming that it will list all 10,000 BAYC NFTs on its website for brands to browse through.
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Hardware crypto wallet sales increase as centralized exchanges scramble
Cointelegraph
Hardware crypto wallet sales increase as centralized exchanges scramble
Hardware wallet providers are benefiting from this bear market, as users migrate funds to cold storage solutions due to the problems centralized custodians.
‘Hypocrisy’: Judge denies SEC motion to keep Hinman docs secret in Ripple case
Cointelegraph
‘Hypocrisy:’ Judge denies SEC motion to keep Hinman docs secret in Ripple case
Judge Sarah Netburn denied the SEC’s motion to protect drafts of a 2018 speech made by former director of the Division of Corporation Finance Bill Hinman.
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34% of gamers want to use crypto in the Metaverse, despite the backlash
Cointelegraph
34% of gamers want to use crypto in the Metaverse, despite the backlash
In terms of NFTs, 16% of gamers stated that they have purchased the asset class in the past. However, it is unclear whether they were gaming utility-specific NFTs.
Australian central bank governor favors private sector crypto technology
Cointelegraph
Australian central bank governor favors private sector crypto technology
At a G20 meeting for finance officials, Australian central bank said that risks from stablecoins and DeFi could be mitigated with regulations.
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