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The Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it. Bitcoin (BTC) ran out of steam near $23,000 on June 16 after the biggest United States key rate hike in nearly thirty years.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar strength wobbles after rate hike newsData from…

Cryptocurrencies and blockchain technology were meant to liberate the oppressed, bank the unbanked and democratize countries with opaque authoritarian governments. Whether or not the crypto sector has actually achieved these goals remains a topic of debate, but it is fair to say that a surprising number of crypto startups, initial coin offerings and blockchain companies…

Thursday, May 23 — Cryptocurrency markets are starting to move upward, having overcome the drop in the beginning of the day, according to Cointelegraph’s Coin360.Market visualization from Coin360The leading cryptocurrency bitcoin (BTC) started the day at $7,638 gradually reaching its intraday high of $7,946. At press time, bitcoin is trading at around $7,914, up 2.64%…

Consensus, the annual crypto and blockchain conference, attracted over 15,000 attendees, 220 sponsors and 410 speakers to its 2023 edition in Austin, Texas, despite recent regulatory struggles around cryptocurrency adoption in the United States. The turnout at Consensus 2023 demonstrated that U.S.-based companies and international organizations are still very much interested in implementing Web3 technology into…

The scam token, called House of Commons Coin, wasn’t a huge success and saw a peak market value of just over $24,000. The X account of UK Member of Parliament and Leader of the House of Commons, Lucy Powell, was hacked to promote a scam crypto token. In a series of now-deleted posts on April

The Hong Kong-based company will join the likes of Binance, Crypto.com, OKX and FTS, who’ve also opened offices in the UAE. 158 Total views 9 Total shares A Hong Kong-headquartered crypto investment platform, Q9 Capital, received provisional virtual asset approval from Dubai’s Virtual Asset Regulatory Authority (VARA). The company announced its expansion to the UAE…

Imagine a future where a player is able to rent an in-game item via blockchain, giving them tools to pass a difficult level, or borrow an NFT that gives them the ability to try a new game on their wishlist. Such a feature is one that Polemos co-founder Richard McLaren is hoping will one day

The San Francisco-based fintech company now supports Binance.US, Gemini, Robinhood and SoFi accounts. 358 Total views 42 Total shares United States data transfer network Plaid has added four major cryptocurrency exchanges to its platform, giving users the ability to connect their digital asset portfolios to other applications more easily. Crypto platforms Binance.US, Gemini, Robinhood and SoFi…

FTX indicated that although the Blockfolio brand is being retired, this would not affect the services offered to users. The Blockfolio brand is no more: One of the first genuine product brands in the cryptocurrency space, the mobile app that started life as a portfolio tracker — and later morphed into a trading app under…