cryptonewsuser's articles

  1. Cryptocurrency
Crypto games use non-fungible tokens (NFTs) to represent in-game assets like digital land, avatars, characters, skins, weapons and more. These NFTs can’t be copied or replaced without the owner’s permission, which makes them valuable and unique. This new gaming model is revolutionizing the world of blockchain and cryptocurrencies. Crypto gaming is gaining millions of users and […]
  1. Cryptocurrency
Australian Treasurer Jim Chalmers is set to conduct a world-first crypto asset stocktake, the first step towards establishing a framework for cryptocurrency regulation. The upcoming exercise, which the government aims to complete before the end of the year, will help identify how digital assets should be regulated. The government wants to establish a framework for licensing and […]
  1. Cryptocurrency
Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged with the market despite its woes. Credit Suisse, Deutsche Bank Invest in Digital Asset […]
  1. Cryptocurrency
Cointelegraph’s Crypto Trading Secrets podcast has released its fifth episode, featuring Filbfilb, a cryptocurrency analyst and trader popular on Crypto Twitter. The crypto space has seen several bull and bear markets since the industry began with the launch of Bitcoin (BTC) in 2009. Each overarching crypto bull and bear market has primarily hinged on the price action […]
  1. Cryptocurrency
FTX bankruptcy proceedings have taken another twist after the company’s insiders were all hit with fresh subpoenas. The bankruptcy court has ordered Sam Bankman-Fried, former Alameda CEO Caroline Ellison, former FTX CTO Gary Wang, and former co-CEO of FTX Digital Markets Nishad Singh to produce a range of documents related to the exchange’s activities. Bankman-Fried’s […]
  1. Cryptocurrency
The “Zhejiang” public withdrawal testnet will then be followed by the Shanghai testnet. This is the first major upgrade since the Merge upgrade.The “Zhejiang” allows tools to test how to collect and display ETH withdrawal information. Ethereum Foundation developer Parithosh Jayanthi has confirmed via a Twitter post that the “Zhejiang” public testnet will be going live […]
  1. Cryptocurrency
The next crypto bull market will start sooner than most people think, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management. Yusko thinks the next crypto bull run or, as he calls it, “the crypto summer,” could kick off as soon as the second quarter of this year due to the combination of more […]
  1. Cryptocurrency
Payment company Visa is seeking to build “muscle memory” around settlements, with plans to allow customers to convert digital assets to fiat currencies on its platform, according to a presentation from the company’s crypto division head at StarkWare Sessions 2023. “We’ve been testing how to actually accept settlement payments from issuers in USDC starting on Ethereum and […]
  1. Cryptocurrency
A confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year . The UN report, seen by Reuters, was reportedly submitted to a 15-member North Korea sanctions committee last week. It found North Korean-linked hackers were responsible for between $630 million and more than $1 billion in […]
  1. Cryptocurrency
Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States’ securities watchdog this year. A Feb. 7 statement from the Securities and Exchange Commission’s (SEC) Division of Examinations outlined its priorities for 2023, suggesting brokers and advisers dealing in crypto will need to be extra […]
  1. Cryptocurrency
The memecoin phenomenon didn’t prove as effective in the last month’s start of year crypto market rally, as the gains of the top cryptocurrencies in this category barely outperformed Bitcoin. The monthly gain of BTC stood at 44.5%, while the top two meme-based coins DOGE and SHIB gained 27% and 40.7%, respectively. Top meme-coins by total market […]
  1. Cryptocurrency
A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities. Customer Lawsuit Against Coinbase Dismissed A proposed class action lawsuit filed in Manhattan by customers of cryptocurrency exchange Coinbase (Nasdaq: COIN) was […]
  1. Cryptocurrency
We can’t blame Elon Musk for dreaming of moving to Mars — the human race has always been curious about finding a better life somewhere else. But not everyone in crypto is looking up to the stars to find new worlds; others stay on earth and attempt to build a new micronation, or a crypto community, here. […]
  1. Cryptocurrency
The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed at 30% while TDS stays at 1%. No Crypto Tax Relief in […]
  1. Cryptocurrency
Charlie Munger, the Vice Chairman of Berkshire Hathaway and Warren Buffett’s right-hand man, reiterated his stance against Bitcoin and the entire crypto industry. This time, the American billionaire investor urged the United States government to ban all cryptocurrencies as they are bound to cause more harm than good. Munger Attacks Again In an opinion published on mainstream […]
  1. Cryptocurrency
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody Despite Recent Redemptions The Bitgo-backed Wrapped Bitcoin […]
  1. Cryptocurrency
NFT buyers last week rose to 348,426, about 41% up on the previuos week.NFT sales volume also rose, with more than $244 million in sales last week representing a 5.4% increase.Sales (USD) volume and buyers increased in tandem with Bitcoin price hitting levels above $23,000. Non-fungible token (NFT) data from last week shows the market […]
  1. Cryptocurrency
Bitcoin (BTC) has “well-formed” evidence, which suggests that its next all-time high will top out at $200,000, one analyst says. In a tweet on Jan. 27, popular Twitter commentator Trader Tardigrade, also known as Alan, also revealed $70,000 as the next potential bear market bottom. Stochastic indicator offers Bitcoin bulls historical firepower For many, BTC price […]
  1. Cryptocurrency
During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023. The Role of Decentralized Finance, Infrastructure Support, and NFTs in Aptos’ Recent Surge in […]
  1. Cryptocurrency
Crypto mining stocks are soaring as bitcoin price rebounds to a new multi-month high above $21,000 after a prolonged bear market. According to a Tuesday report by Bloomberg, several Bitcoin mining stocks have recorded their best monthly performance in at least a year. Bitcoin Mining Stocks Rebound As per the report, the MVIS Global Digital Assets Mining […]
  1. Cryptocurrency
Peter Thiel has been a long-time Bitcoin backer. But his fund closing almost all its crypto positions shortly before the market went downhill did not sit well with many. According to Fortune’s latest report, Thiel’s VC firm — Founders Fund — cashed out all of its bets on cryptocurrencies and made $1.8 billion in profit while doing […]
  1. Cryptocurrency
Solana is currently changing hands at $23.26, about 137% up year-to-date.The coin’s price plummeted after FTX fell in November, ending the year below $10.SOL price has soared amid positive sentiment, broader market rally and meme coin-driven interest. Solana traded below $10.00 on the first day of 2023, having plummeted more than 73% in a massive […]
  1. Cryptocurrency
Nonfungible tokens (NFTs), decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) are redefining how charities raise donations and distribute funds to those most in need. Through ever-evolving crypto and blockchain-related technology, crypto philanthropists told Cointelegraph that they’ve witnessed “new wealth distribution mechanisms” never seen before. “Philanthropy has traditionally been seen as a high-cost-of-entry, individualistic activity, but with […]
  1. Cryptocurrency
The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital wallet management system to accommodate efficient custody of digital assets and keys and ensure safety of clients’ assets,” the regulator described. Thai SEC’s New Crypto Rules Thailand’s Securities and […]
  1. Cryptocurrency
Key Takeaways Crypto markets have jumped to the start the year off positive macro newsNext inflation reading is out on Thursday, which will cause further volatilityFight against inflation has long way to go, with investors not out of woods yetSolana has risen 65% since New Year’s Day, but fell drastically prior and problems remain After what […]
  1. Cryptocurrency
Key Takeaways Bitcoin has increased for eight straight days, now up 9.2% on the yearPeriod of low volatility in the crypto markets paired with softer inflation data has sent prices upwardLatest CPI report is out Thursday which will trigger volatility and is vitally important for the market following increased optimism over last month or soAltcoins could move […]
  1. Cryptocurrency
Bitcoin’s SHA256 encryption algorithm is still safe despite Chinese researchers’ claims of cracking RSA encryption with existing quantum computers. A group of 24 Chinese researchers said they could factor a 48-bit number using a 10-qubit quantum computer. This could be crucial in breaking the RSA encryption algorithm that underpins much of the internet’s communication. Chinese […]
  1. Cryptocurrency
Bonk token launched on December 25, 2022 The cryptocurrency rose by four-digit percentages after the launch BONK price has cooled and trades on a descent and could claim lower levels Crypto has always treated its fans with twists, turns, and surprises. The crypto community loves it this way, for it becomes a time to make quick bucks […]
  1. Cryptocurrency
Bitcoin (BTC) staged a brief but promising return to $17,500 overnight on Jan. 11 as newfound strength lingered. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin fails to win over skeptical traders Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new local highs of $17,504 on Bitstamp. Almost tying with the peak from […]
  1. Cryptocurrency
Image Source: WEF The World Economic Forum (WEF) believes the technology underpinning cryptocurrencies and digital assets will continue to be an “integral” part of the modern economy. In a Monday blog post, the international organization talked about what the future holds for the crypto industry. The WEF particularly highlighted the widespread applications of cryptography and blockchain technologies, […]
  1. Cryptocurrency
A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available online, according to the company, which operates hundreds of drugstores across the war-torn Eastern European nation. Pharmacy Offers Ukrainians Option to Pay With Crypto Using Binance Pay Customers of the Ukrainian pharmacy chain ANC can now buy […]
  1. Cryptocurrency
In recent years, the cryptocurrency space has seen a surge in the development and distribution of so-called “meme coins,” which have often been met with skepticism and accusations of being crypto scams. Despite the critics, these coins have managed to defy expectations by outperforming many large-cap coins and creating obscene wealth for some of their holders (while […]
  1. Cryptocurrency
On this week’s episode of Market Talks, Cointelegraph welcomes Mohit Sorout, co-founder of Bitazu Capital, a proprietary algorithmic trading and investment management platform. This week, to kick things off, we get to know a little bit about Sorout, his background in finance and trading. We also dive into his skillset, trading style and unique approach […]
  1. Cryptocurrency
Celebrities had a shaky year promoting crypto firms and projects throughout 2022. Many found themselves named in lawsuits over their alleged promotion of since-failed projects, while others have been relentlessly mocked on social media for their involvement in the first place. From movie stars to television actors, sports stars to musicians, many celebrities may be regretting their […]
  1. Cryptocurrency
According to a new filing with the U.S. Securities and Exchange Commission, software analytics firm MicroStrategy said that it acquired 2,395 Bitcoins (BTC) at an average price of $17,181 for a total of $42.8 million during the period Nov. 1 and Dec. 21. Subsequent to the development, the company sold 704 BTC at $16,776 per coin for […]
  1. Cryptocurrency
While knowing where to put your money in the current bear market can be tricky, many consider a few projects the top cryptos to buy now. As the crypto market trends lower, it might seem counterintuitive to start growing your portfolio now. But, these downturns contain some amazing investment opportunities. This article will explore seven promising projects […]
  1. Cryptocurrency
Logan Paul’s NFT game ‘CryptoZoo’ is currently embroiled in controversy following a three-part series by investigative YouTuber, Coffeezilla (real name Stephen Findeisen). Since 17 December, Findeisen has uploaded a three-part series on Logan Paul’s scam blockchain game, CryptoZoo. The series dismantles the controversial NFT game and spotlights the many investors who have lost millions in […]
  1. Cryptocurrency
The Philippine Securities and Exchange Commission (SEC) has advised investors against transacting with unlicensed cryptocurrency exchanges. The warning followed the collapse of crypto exchange FTX which “left hundreds of thousands, even millions of unsecured creditors with little to no recourse in recovering their money,” the regulator stressed. Philippine SEC Warns About Unregulated Crypto Exchanges The Philippine Securities […]

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