In terms of policy, Greg Tanaka calls himself a legislator for the digital age and possibly the most pro-crypto person running in this election cycle. Now a Palo Alto City Council member, he has set his sights on the United States House of Representatives seat for California’s 16th: the Silicon Valley district. In an interview
As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC was also higher on the day, climbing by as much as 5%, while DOGE extended Monday’s gains. The Graph (GRT) GRT was easily one of the biggest gainers in crypto markets on
Bitcoin (BTC) pierced $40,000 at the Wall Street open on April 26 as its latest relief rally lasted less than 24 hours. $39,500 eyed as BTC safety net Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping from local highs of $40,800 on April 26. At the time of writing, volatility was in evidence as
ApeCoin (APE) underwent a modest selloff a day after Bored Ape Yacht Club (BAYC), a popular nonfungible token (NFT) brand, reported losing $2.4 million worth of digital collectibles in a robbery. APE price rally to $25 stalls The hacker compromised BAYC’s official Instagram account, using it to post a phishing link that withdrew tokens out
Ripple, a Fintech company, makes substantial headway in its legal fight with the U.S. Securities and Exchange Commission. The XRP (the world’s seventh-largest cryptocurrency) issue will be resolved soon, according to CEO Brad Garlinghouse, who is optimistic about the case’s conclusion date. XRP continued a week-long surge in the market today that began after a
Bitcoin (BTC) remains below $40,000 for the third consecutive day and the most likely source of the volatility is the worsening condition of traditional markets. For instance, the S&P 500 is down 5% since April 20 WTI crude price dropped 9.5% in seven days, erasing all of the gains accrued since March 1. Meanwhile, China
Bitcoin (BTC) saw a classic “fakeout” move on April 25 as volatility kept traders firmly on edge. Traders stay gloomy on BTC outlook Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly climbing almost $1,000 as Monday’s Wall Street trading session began. The move was short-lived, the pair coming back down to where it started
Spring is here and with it came a new found awakening for nonfungible tokens (NFTs). In the last week of March, total sales volume rallied to $20 billion, but this metric took a dive from mid April to $17.6 billion. However, on April 16, the newly landed Moonbirds NFT, pumped over $280 million worth of
Bitcoin (BTC) continues to trade below $40,000 as bears try to flip the level into resistance. The soaring U.S. dollar index (DXY), which is usually inversely related to Bitcoin, favors the sellers. However, it is not all gloom and doom because the Bitcoin bulls seem to be taking clues from the Nasdaq (NDX) which has
Miami Tech Week took place last week in the South Florida city as part of April’s Tech Month programming, which also included NFT Miami and the Bitcoin 2022 conference earlier in the month. Tech Week kicked off with the eMerge Americas conference and the myriad of panel discussions scheduled throughout the city that followed. Cointelegraph gathered
The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Data from Cointelegraph Markets Pro and TradingView shows that after dropping as low as $38,210
Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance? The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has not happened since June 2020. As cold feet over the macro market outlook continues to be the norm, there seems
Peckshield, a prominent blockchain security firm, has today exposed that there are numerous phishing websites for the Web3 lifestyle app Stepn. Hackers insert a forged MetaMask browser plugin through which they can steal seed phrases from unsuspecting Stepn users, according to Peckshield. When these cybercriminals obtain the seed phrase, they gain complete control over the
The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it adopting Bitcoin (BTC) quite similar to El Salvador. However, contrary to popular headlines, the African nation has not adopted BTC as a legal tender, instead, it has reportedly legalized the use of cryptocurrencies
Both ETH and BTC fell close to five-week lows to start the week, as losses in crypto markets extended on Monday. Following bearish pressure over the weekend, BTC started the week trading below $39,000, while ETH was under $2,900. Bitcoin Bitcoin started the week trading in the red for a fifth consecutive session, as prices
Executives of Ripple Labs and the US Securities and Exchange Commission have agreed to prolong the timeline of their lawsuit and postpone court proceedings until the end of 2022, implying that their legal standoff would likely last well into next year. Both parties jointly requested the extension in a letter to Judge Sarah Netburn, who
The difference between the LP tokens’ value and the underlying tokens’ theoretical value if they hadn’t been paired leads to IL. Let’s look at a hypothetical situation to see how impermanent/temporary loss occurs. Suppose a liquidity provider with 10 ETH wants to offer liquidity to a 50/50 ETH/USDT pool. They’ll need to deposit 10 ETH
Bitcoin (BTC) and several altcoins are trading in a tight range during the weekend, suggesting that investors are undecided about the next directional move. Traders may be waiting for Wall Street to open before placing large directional bets because Bitcoin has been tightly correlated with the S&P 500 in the past few days. The sharp
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. Germany has risen to the top spot of Coincub’s guide to the most crypto-friendly countries in Q1
Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network difficulty change expected three days from now on April 27. Bitcoin’s Hashrate Records an All-Time High, Hashpower Increased 55% Higher