Day: November 2, 2022

Crypto Miner Bitdeer May Extend IPO Deadline by 1 Year

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…

Latest updates from Cointelegraph’s team on the ground

boss

Disclaimer: This article is updated all day long. All time codes are in the UTC time zone, and updates are in reverse order (the latest update is placed at the top). Web Summit, one of the premier world tech conferences, is back live in Lisbon, Portugal. The event brings together the founders and CEOs of technology companies, fast-growing startups, policymakers and heads of state to discuss the future of the tech industry. In 2022, Web3 is one of the biggest topics of tech discussion, and Web Summit 2022 is no…

Dogecoin Above 200-Day Moving Average by Most Since June 2021

And while the MACD (moving average divergence/convergence) histogram, the indicator below the price chart, shows strong upward momentum, the stochastic oscillator has turned lower from above-80 or overbought levels, suggesting scope for a bull breather or temporary price pullback. Chart analysts use the MACD to gauge trend strength and trend changes and stochastic to identify overbought and oversold levels. Source

Coinbase’s Interest Income May Be Bright Spot Amid Challenging Third Quarter

Trading volumes continue to fall, according to Mizuho, which has been more bearish versus peer analysts on the stock. “3Q trading activity on Coinbase has been range-bound of late, and lack of volatility has weighed on volumes,” analyst Dan Dolev wrote in a recent note to clients. Additionally, Dolev sees the interest income boost being short-lived as Coinbase’s customers could seek higher-yielding alternatives for their cash deposits. Source

Switzerland Sticks to Tougher ID Checks for Crypto to Cash Transactions

“Virtual currencies are often used as a payment instrument for illicit trade, notably in drug trafficking, on the darknet, or for the payment of ransoms after cyberattacks,” a report issued by the Financial Market Supervisory Authority (Finma) said. “The risk of money laundering in the domain of virtual currency is reinforced by potential anonymity and by the speed and cross-border nature of transactions.” Source