The latest price moves in bitcoin (BTC) and crypto markets in context for August 19, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original
Qatar’s recently released “National Blockchain Blueprint” has suggested that the technology, combined with a “solid regulatory framework,” can help the country build an innovative information technology (IT) sector. However, for this to happen, Qatar must implement recommendations laid out in the blueprint. Qatar Said to Be Well Placed to Become Blockchain Hub A blueprint jointly drafted by Qatar’s Communications Regulatory Authority (CRA) and two learning institutions, Hamad Bin Khalifa University and Qatar University, seeks to spotlight how blockchain “can contribute to building an innovative and growing IT sector” in the…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #bitcoin #bitcoinmining #YahooFinance Riot Blockchain CEO Jason Les joins Yahoo Finance Live to discuss the demand for bitcoin mining in the U.S., energy usage, and the outlook for cryptocurrency.Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription…
An interoperability protocol focused on ease of use just joined the leading US-based crypto exchange’s trading roster. In a new post, Coinbase says that Celer Network (CELR) is now live across its entire platform, including on the iOS and Android apps. The Celer Network scaling platform was built on Ethereum (ETH) and is designed to enable off-chain transactions in a secure manner. The project aims to be a “multi-blockchain operating system” that offers a one-click user experience for a variety of niches, including decentralized finance (DeFi), non-fungible tokens (NFTs), gaming,…
Already, Solend’s 21 whitelisted lending pools supply Solana’s DeFi markets with $471 million in borrowable tokens such as SOL, USDC and wrapped assets like BTC. Its team vetted those permissioned pools to weed out the inevitable scammers; if something goes wrong, Solend’s treasury insurance fund will back up platform users. Source
While the entertainment and production industry is still primarily dominated by the West, shows like the Squid Game demonstrate an opportunity for non-Western productions to take flight on the international scene. With some help from Web3, creators in developing markets can find their way to a bigger stage, according to an expert in the entertainment industry. In a Cointelegraph interview, Mehmet Eryılmaz, the CEO of the entertainment-focused Web3 team Faro Company, shared his thoughts on how Web3 can contribute to the development of entertainment in emerging countries. According to the…
“In the wake of the market collapse due to multiple [U.S. Federal Reserve interest] rate hikes, and the downfall of bad actors such as Three Arrows Capital, Celsius Network and Terra, risk management comes to the forefront of crypto, particularly in the credit markets,” Camas said. Source
Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both retail sales and industrial production in China had grown by less than expected, heightening concerns of an upcoming global recession. Bitcoin also declined on Tuesday. Bitcoin Bitcoin (BTC) was once again trading in the red, as crypto markets continued to move lower, following Monday’s disappointing economic data from China. Figures from the world’s second-largest economy showed that retail sales had grown by 2.7% last month, which…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Blockstream #blockchain #crypto Blockstream CEO Adam Back joins Yahoo Finance Live to discuss mining bitcoin using renewable energy sources, the company’s new partnership with Tesla, and the outlook for the crypto market. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance…
Futures tracking the two tokens saw over $25 million in liquidations in the past 24 hours. Source