Could Toncoin tank another 30% in September?

The price of Bitcoin (BTC) dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions.There are three major reasons why the price of Bitcoin declined steeply in the past 12 hours. The reasons are an overheated derivatives market, growing doubt in the market, and the lack of upside volatility.BTC/USD 15-minute…

Steady network growth and Charles Hoskinson’s network update are boosting Cardano’s prices at the start of this week.

On Dec. 13, Quanta Plc., owner of Quanta Technology Limited, a blockchain lottery operator, announced it had signed contracts to acquire a stake in International Lottery and Gaming Limited (ILGL). As Quanta reports, this is ”the world’s first deal to reform traditional lottery.” The companies say that Quanta’s blockchain-based lottery technology will help increase the…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

As long as the regulation gives an institutional investor a very clear path to crypto, they’ll jump into the space, hedge fund co-founder CK Cheng told Cointelegraph. 512 Total views 19 Total shares A former head of risk at Credit Suisse believes the next crypto bull market will stem from “regulatory clarity” in the United…

According to CEO Johnny Lyu, people using renewable energy sources for mining will receive discounts on fees. 465 Total views 93 Total shares Singapore-based crypto exchange KuCoin is launching a mining pool aimed at providing revenue to proof-of-work miners after integrating their rigs.In a Wednesday announcement, the exchange said its KuCoin Pool product would allow…

Applied blockchain, a Shell-backed distributed ledger technology, or DLT, firm, has secured $2.5 million in funding for applications that use zero-knowledge proofs, or ZKPs, in the context of business-to-business transactions.The funding round was led by Hong Kong-based venture capital, QBN Capital, with the funds designated for the development of a platform featuring ZKPs and other…

A handful of industries and tech workers are shifting from Web2 to Web3 and with this move, awareness of blockchain technology is also spreading.The Ethereum Name Service (ENS) is one project that is looking to help facilitate Web3 adoption by making it easier for DApp users to interact with the Ethereum network. This is accomplished…