NFT market OpenSea teases token launch

This week, Bitcoin’s (BTC) price took a tumble as a hotter-than-expected consumer price index (CPI) report showed high inflation remains a persistent challenge despite a wave of interest rate hikes from the United States Federal Reserve. Interestingly, the market’s negative reaction to a high CPI print seemed priced in by investors, and BTC’s and Ether’s…

Overregulation in Ukraine is reportedly preventing the cryptocurrency industry from evolving in the country. An official of the Ukrainian central bank (NBU) told this to a local crypto news outlet LetKnow Tuesday, Jan. 8.Mikhail Vidyakin, the director of the strategy and reform department of NBU, believes there are too many institutions in the country that…

More demand could just mean bigger correlations to traditional markets, the bank’s researchers say. 278 Total views 4 Total shares Bitcoin (BTC) and cryptocurrency adoption may not necessarily make its price higher in dollar terms, Goldman Sachs argues.In a note seen by Bloomberg published Thursday, the international banking giant claimed that mainstream acceptance of crypto…

Cross River is yet to admit nor deny the allegations that it “engaged in the unsafe or unsound banking practices” related to its lending activity in 2021. 98 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Federal Deposit Insurance Corporation (FDIC) has requested Cross River Bank –…

Crypto platform ILCoin says it is developing a “modern alternative to bitcoin” without scalability issues by using “pioneering technology” called command chain protocol (C2P).The protocol of C2P, created by ILCoin, is supposed to solve the main problem of the Bitcoin blockchain — the lack of scalability — by enlarging the block size. The startup says…

One of the simplest strategies for trading cryptocurrencies involves the application of moving averages (MA). The basic premise is that if the price of an asset is above its moving average for a certain number of days, this is considered a buy signal. Once it falls below its moving average, the asset is sold, and…

Bitcoin (BTC) begins a new trading week within 5% of the mythical $20,000 price level — but can it get there this time?As the largest cryptocurrency lines up for another shot at overcoming seminal resistance, Cointelegraph looks at the market factors influencing price performance on Monday.Vaccine, stimulus decision fuels risk appetiteOn a wider macro level,…

The former CEO described his role in the exchange's downfall as a failure in oversight, saying he should have been "more skeptical of large margin positions." 595 Total views 2 Total shares Former FTX CEO Sam Bankman-Fried, also known as SBF, has reiterated apologies to the exchange’s employees in a letter explaining the collapse. According to…

A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline. 300 Total views 24 Total shares Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity, according to blockchain forensics…