Telegram’s crypto rise poses no threat to adoption via web browsers
Telegram could be the key to reaching the first billion crypto users, but it’s not a competitor or a threat to other entry points like web browsers.
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Can Cardano whales stop ADA price from falling 20%?
The price of Cardano (ADA) risks falling by over 20% in August as it enters a breakdown stage of a classic technical pattern that could be offset by some promising fundamentals. ADA price risks falling to June lowsDubbed Bump-and-Run-Reversal (BARR), the pattern develops when excessive speculation drives the prices higher quickly, eventually leading to a "bull…

Crypto debanking could drive industry underground: Australian Treasury
The Australian government is addressing the risks of cutting banking services to crypto exchanges amid a flurry of banks restricting certain services over scams. The growing trend of banks cutting services to cryptocurrency companies in Australia could lead to undesired consequences like making the industry less transparent, according to the country’s Treasury Department.On June 28,…

Metaverse sneak peek: Project aims to build a creator-focused economy through blockchain
Cointelegraph explored Web3 creator economy protocol DEIP’s metaverse in an online event last week. 406 Total views 15 Total shares A metaverse project that would provide a digital hub for creators gave the community an opportunity to travel within its metaverse city and explore an early version of the vision that it aims to achieve.Last…

Bitcoin returns to $25K as Credit Suisse bailout precedes EU rate hike move
Bitcoin (BTC) rebounded for a fresh challenge of $25,000 on March 16 ahead of a key interest rate decision in Europe.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCredit Suisse stock up 40% after "decisive action"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining almost $1,000 versus overnight lows of $24,229 on Bitstamp.The pair remained buoyant…

Fake News Circulating in China Suggested to Be Responsible for Bitcoin SV Price Surge
Co-founder of cryptocurrency investment holding firm Primitive Ventures Dovey Wan suggested that fake news circulating in China may be responsible for yesterday’s bitcoin sv (BSV) price surge. Wan posted about the fake news in a tweet on May 29.According to Wan, a screenshot circulating on Chinese social media showed a fake article about self-proclaimed bitcoin…

Binance tight-lipped on projects funded by $1B crypto recovery fund
Binance-initiated IRI fund has only spent some 2.7% of the total of $1.1 billion committed to saving crypto in the aftermath of the FTX collapse, and has still not explained which entities benefited. 327 Total views 12 Total shares Binance-spearheaded Industry Recovery Initiative (IRI), a co-investment project aiming to support the cryptocurrency industry in the

Listed companies, trusts and ETPs now control almost 7% of the Bitcoin supply
More publicly traded firms added Bitcoin to their treasuries during the first four months of 2021 than during the entirety of last year. But will it continue? 1630 Total views 5 Total shares More than $6.5 billion worth of BTC — or close to 1% of the crypto asset’s entire capitalization — is held by…

Bitcoin loses $48K as analysts eye next zones for a potential BTC price bounce
It could take $44,000 or $40,600 before Bitcoin bulls take back control in what is nevertheless a welcome correction for BTC/USD. 2797 Total views 7 Total shares Bitcoin (BTC) headed down to test new support on Wednesday after a breakdown of bullish trajectory sparked predictions of $44,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOld resistance provides…