OpenSea token airdrop rumors, CyberKongz on SEC radar: Nifty Newsletter
OpenSea told Cointelegraph that the foundation in the Cayman Islands was a registered entity.
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Here’s what happened in crypto today
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.
Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash
The aftermath of the Ethereum Merge gives no respite to crypto bulls, who face continued market pressure as stocks also trend down. 168 Total views 3 Total shares Bitcoin (BTC) attempted to violate local lows on Sep. 16 as the latest cross-crypto downtrend intensified.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo relief for BTC bulls post…
Stablecoins shed $38B since May as yields plunge, projects collapse
An estimated $148.7 billion worth of stablecoins are still in circulation. 98 Total views 16 Total shares
A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’
Bitcoin (BTC) price remains pinned below $22,000 as the lingering impact of the Aug. 19 sell-off at $25,200 continues to be felt across the market. According to analysts from on-chain monitoring resource Glassnode, BTC’s tap at the $25,000 level was followed by “distribution” as profit-takers and short-term holders sold as price encountered a trendline resistance following…
How blockchain technology might bring triple-A games to metaverses
Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is that the very things that capture the imagination of the public…
Fintech Lenders May Struggle to Qualify Under U.S. Gov’t COVID-19 Relief Plan
Nonbank fintechs may be left unable to contribute to the United States government’s relief plan for small businesses hit by the COVID-19 crisis.On April 3, the U.S. Small Business Administration (SBA) launched a Paycheck Protection Program (PPP) as part of the federal government’s $2 trillion coronavirus relief package. The PPP aims to support small businesses…
Crypto products hit with $305M outflow amid strong US economic data
CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September.
Starknet to hand 10% of network fees to devs, with $3.5M in first distribution
Layer-2 network StarkWare and the Starknet Foundation are set to distribute a 10% cut of network fees to developers, a part of a pilot program called “Devonomics.” In an announcement shared with Cointelegraph on Dec. 12, StarkWare CEO Uri Kolodny said it was allocating a portion of the network fees, provisionally 8%, to decentralized app builders