Avalanche9000 goes live on testnet, unlocks $40M rewards for builders
Avalanche is going through its largest upgrade since the mainnet launch, unlocking more than $40 million in retroactive rewards.
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Cointelegraph Markets Pro VORTECS Report Summary — 179% gains from 4 alerts
In Cointelegraph Markets Pro’s latest VORTECS™ Report, the institutional-grade crypto alerts platform displayed how its members could have captured a cumulative 179% gain by following four trades based on four different Markets Pro indicators. The report depicts trading alerts generated between Feb. 26 and March 4, 2023. The potential gains available to Cointelegraph Markets Pro subscribers…

Bitcoin price falls under $29.5K after ‘unexpected’ 40-year high US inflation
Bitcoin (BTC) fell sharply on June 10 after surprisingly high inflation data from the United States rattled markets before the Wall Street open.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Bitcoin will be "painful" if $29,300 fails to holdData from Cointelegraph Markets Pro and TradingView tracked a $600 dive for BTC/USD as May's Consumer Price Index (CPI)…

South Korea plans to regulate cross-border stablecoin transactions
South Korea’s Financial Services Commission plans to consult with other jurisdictions, such as Japan and the European Union, on stablecoin rules.

NFTs, Web3 and the metaverse are changing the way scientists conduct research
Scientists can leverage blockchain tools, such as smart contracts and tokens, to improve collaboration in scientific endeavors between different stakeholders. This so-called decentralized science movement, or DeSci for short, combines blockchain and Web3 technologies to improve scientific research.A primary goal of DeSci is wider participation and funding when approaching scientific challenges, as well as democratizing…

Ethereum reclaims 42% outflows from Solana: DeFi Report
The DeFi Report founder, Michael Nadeau, said most of the value that left Ethereum flowed to layer 2s that would continue to drive value to the layer-1 blockchain.

Coinbase Adds Tax Support Resources for US Customers, Including TurboTax Integration
American cryptocurrency exchange and wallet service Coinbase has added resources for customers in the United States to claim crypto trades on their taxes, according to an official blog post on Jan. 24.In addition to adding an educational guide on crypto and taxes, Coinbase has also integrated with popular tax software TurboTax. According to the blog…

Booking.com CEO: Crypto Will Continue to Grow, Mainly Outside the US
The CEO of online travel giant Booking Holdings believes that blockchain-based currencies will continue to grow and could become more popular.Glenn Fogel, who was also recently appointed CEO of Booking.com, expressed his support for cryptocurrencies in an interview with New York-based travel publication Skift on Aug. 20. In the interview, Fogel discussed blockchain and crypto…

Bitcoin Struggling to Break $10,000, But Is Bearish Bias Warranted?
The price of Bitcoin (BTC) has been trying to break above the psychological barrier of $10,000. However, during the week, it failed to go through this resistance. This “fakeout” caused a significant portion of the market to shift from a bullish bias to a bearish bias.Is such a bias shift warranted in the current structure…