Day: July 22, 2022

Does Crypto Still Care About Elon Musk?

It’s also true that, despite this year’s long drawdown, bitcoin and crypto in general are in a vastly different place than they were 18 months ago. Though two years of crypto hype produced the usual surfeit of scams and garbage, it has also dramatically advanced development, awareness and adoption, including El Salvador’s troubled but important bitcoin experiment. And while there are no guarantees, the market now seems to have found at least a temporary bottom, so Tesla’s sale announcement is fighting against a nascent bull narrative. Source

NFT sales will fund the restoration of physical monuments in Ukraine

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The Ukrainian government will be using the proceeds of sales from an online nonfungible token, or NFT, museum to restore artwork in the real world. According to a Friday announcement and information shared with Cointelegraph, Ukraine’s Ministry of Culture and Information Policy said the government’s Meta History Museum of War platform, aimed at preserving the timeline of major events in Russia’s war with Ukraine, raised 803.28 Ether (ETH) — roughly $1.3 million at the time — through NFT sales. The ministry said proceeds from the sales will go toward “the restoration of…

IL MINING DI BITCOIN SI È BLOCCATO?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Come va il mining di Bitcoin? Si è bloccato? Wallet Swaggy: Swag: Swag Shopping: Quando iniziavo e facevo 600€ al mese: Quanto ho guadagnato con il mining di Bitcoin? I soldi si possono spostare sui wallet? Cosa succede con il blocco del mining di Bitcoin? Cerchiamo di capire quanto è il guadagno in questa fase discendente del mercato, attualmente estraggo circa 0,00032640 BTC che equivalgono (con il BTC a 30,000€) a 280€ circa. Linkedin: Ho scritto un libro: VIDEO: FB Pagina: Instagram:…

Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack – Defi Bitcoin News

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The top smart contract platform tokens by market capitalization and the total value locked (TVL) in decentralized finance (defi) have swelled significantly in value during the last few days. Since the value locked in defi reached a 2022 low of $70 billion on June 19, the defi ecosystem’s entire TVL has grown by more than $17 billion. Meanwhile, the two smart contract tokens ethereum and ethereum classic saw their fiat values rise during the last seven days, as the two coins led the pack this week with double-digit gains. Defi…

Pro Bitcoin traders are uncomfortable with bullish positions

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The previous $19,000 Bitcoin (BTC) support level becomes more distant after the 22.5% gain in nine days. However, little optimism has been instilled as the impact of the Three Arrows Capital (3AC), Voyager, Babel Finance and Celsius crises remain uncertain. Moreover, the contagion has claimed yet another victim after Thai crypto exchange Zipmex halted withdrawals on July 20. Bitcoin/USD 1-day price. Source: TradingView Bulls’ hopes depend on the $23,000 support strengthening as time goes by, but derivatives metrics show professional traders are still highly skeptical of continuous recovery. Macroeconomic headwinds…

Join CoinDesk and CRADL’s Web3athon

Web3athon is an entirely new form of competition, one that welcomes talent and creativity from all backgrounds and seeks to discover new ways crypto and Web3 technologies can be used to improve people’s lives. The more diverse talents your team brings to the table, the more poised you are to take home part of the $800,000 prize. Source

Bank of Central African States Urged to Introduce Common Digital Currency: Report

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

Crypto Lender BlockFi Had $1.8B in Open Loans at End of June and $600M of Exposure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

A short-term BTC rally or trend reversal? Find out now on ‘Market Talks’ with Crypto Jebb

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The latest episode of Market Talks welcomes Nicholas Merten, the founder of DataDash, one of the largest cryptocurrency YouTube channels. Merten is an international speaker, thought leader and crypto analyst. He has utilized his 10-plus years of experience in traditional markets to understand the potential of cryptocurrencies and help his 515,000 YouTube subscribers make better investment decisions. One of the topics up for discussion with Merten isthe recent Bitcoin (BTC) price rally. Are the markets finally out of the sideways trend it’s been stuck in for months, or is this…

Ethereum Classic soars 100% in nine days outperforming ETH as ‘the Merge’ approaches

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Ethereum Classic (ETC) has been outperforming its arch-rival Ethereum’s native token Ether (ETH) during the current crypto market rebound with the ETC/ETH pairs at 10-month highs. Why is ETC beating ETH? ETC’s price has risen to $27 on July 22, amounting to a 100% gain in nine days after bottoming out at $13.35. Comparatively, ETH’s price has seen a 64% rally in U.S. dollar terms. ETC/USD versus ETH/USD daily price chart. Source: TradingView Ethereum’s rebound has been among the sharpest among the top cryptocurrencies, primarily due to the euphoria surrounding…