Crypto Twitter: A dangerous source for financial advice?
In its latest video, Cointelegraph explains the hidden dangers of seeking financial advice on X and highlights how influencer manipulation has cost investors millions in the crypto market.
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Bitcoin price hits $54K, reaching a $1T market cap faster than Amazon and Google
Within the last hour, Bitcoin's market capitalization pushed above the $1 trillion level. This milestone occurred less than a year after its market cap dipped below $100 billion on Black Thursday and the move to a new all-time high took place right as BTC price is on the verge of overtaking $55,000. Bitcoin market cap…
CME Futures Partner Releases First Regulated Bitcoin Cash Futures
Cryptocurrency trading platform Crypto Facilities has added Bitcoin Cash (BCH) to its list of futures products, announcing in a press release that the product would go live at 4PM BST Friday, August 17. Crypto Facilities, which rose to prominence when it partnered with CME Group on its first-of-its kind Bitcoin futures in December 2017, said…
Stellar’s Jed McCaleb Says His XRP Sell-Off Won’t Disrupt Crypto Market
A recent Medium post from blockchain monitor Whale Alert showed that Stellar CTO Jed McCaleb sold off more than 1 billion XRP between 2014 and 2019. The post attempted to analyze whether or not McCaleb’s sale of XRP will affect the price of the crypto. Whale Alert noted that compared with other total trade volumes…
All Cryptos See Major Losses as Market Hit by Distinctly Unfestive Correction
Friday, Dec. 25 — crypto markets are lacking in Christmas cheer, with many major crypto assets hit with double-digit losses. Virtually all of the top 100 coins by market cap are in the red, as data from Coin360 shows.Market visualization by Coin360Largest cryptocurrency Bitcoin (BTC) has plummeted over 9 percent on the day, and is…
Swipe Visa Card Adds Crypto Travel Booking Site’s AVA Token
At a time of unprecedented upheaval in the global tourism industry, blockchain-based travel booking service Travala and Swipe aim to boost crypto’s useability.Announced on July 24, Travala’s native token AVA will now be added to the Swipe wallet service and Visa card platform — reportedly making it spendable at 60 million merchants.AVA will also be…
Saudi Arabia Warns of Crypto Scammers Posing as Gov’t Projects
Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government projects.Arab News reported on Aug. 21 that the ministry has identified a Singapore-based company promoting two fraudulent cryptocurrencies, dubbed “CryptoRiyal” and “SmartRiyal." Fraud alert: hype and pumpCryptoRiyal and SmartRiyal’s promoters are reportedly…
Gemini files for pre-registration undertaking in Canada
All crypto exchanges are required to sign such undertaking if they want to operate in Canada following a February rule change. 130 Total views 2 Total shares Own this piece of history Collect this article as an NFTOn April 12, cryptocurrency exchange Gemini announced it filed a pre-registration undertaking with the Ontario Securities Commission (OSC),…
3 reasons why Ethereum price can drop below $3K by the end of 2021
Ethereum's native token Ether (ETH) reached an all-time high around $4,867 earlier in November, only to plunge by nearly 20% a month later on rising profit-taking sentiment. And now, as the ETH price holds $4,000 as a key support level, risks of further selloffs are emerging in the form of multiple technical and fundamental indicators.ETH…