News

  • Cointelegraph.com News - 26 May 2022, 2:57 am

    “This reorg is not an indicator of a flawed fork choice, but a non-trivial segmentation of updated vs out of date client software” suggested Core Ethereum developer Preston Van Loon. Ahead of the Merge tentatively penciled in for August, Ethereum’s Beacon Chain experienced a seven-block reorganization (reorg) yesterday. According to data from Beacon Scan, on…Read More

  • Cointelegraph.com News - 26 May 2022, 2:38 am

    Developing countries have more than double the amount of people positive that the Metaverse will impact their lives and they'd use it daily in comparison to developed countries. Excitement for the Metaverse and virtual or augmented reality (VR/AR) is much greater in developing countries than in high-income countries according to a survey conducted for the…Read More

  • Cointelegraph.com News - 26 May 2022, 2:32 am

    Graphics card giant Nvidia reported “nominal” sales of its crypto mining chips and expects overall revenues to be down in Q2, which drove down its share price. American graphics card manufacturer Nvidia’s stock price tumbled in after hours trading on Thursday because the revenue outlook for Q2 has fallen short of expectations.Quarterly growth from Q4…Read More

  • Bitcoin News - 26 May 2022, 2:00 am

    U.S. Senator Ted Cruz says he is “incredibly bullish” on bitcoin and purchases the cryptocurrency weekly for his portfolio. Emphasizing that cryptocurrency “will change the world,” the senator said, “Uncontrolled, decentralized currency is terrifying for those who want control of currency.” Senator Ted Cruz ‘Incredibly Bullish’ on Bitcoin, Crypto Senator Ted Cruz (R-TX) discussed bitcoin…Read More

  • Bitcoin News - 26 May 2022, 12:00 am

    JPMorgan sees “significant upside” to the price of bitcoin. The global investment bank’s price target for the cryptocurrency is 28% above its current price. JPMorgan has also replaced real estate with cryptocurrencies as its “preferred alternative asset class along with hedge funds.” JPMorgan’s Bitcoin Price Target Is 28% Above Current Price Global investment bank JPMorgan…Read More

  • Bitcoin News - 25 May 2022, 10:00 pm

    According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal called “Terra Ecosystem Revival Plan 2” has been amended and the final release of the new Terra Core codebase…Read More

  • Cointelegraph.com News - 25 May 2022, 10:00 pm

    Sideways crypto price action persists as the Federal Reserve confirms its plan to continue raising interest rates, but analysts spot a silver lining. The cryptocurrency market settled into a holding pattern on May 25 after traders opted to sit on the sidelines ahead of the midday Federal Open Market Committee (FOMC) meeting where the Federal…Read More

  • Cointelegraph.com News - 25 May 2022, 9:38 pm

    The discussion of FTX.US’s proposal for non-intermediated margined products clearing highlighted unknown factors and need for more regulatory framework. FTX CEO Sam Bankman-Fried did a lot of talking at the United States Commodity Futures Trading Commission (CFTC) staff roundtable on non-intermediation Wednesday. He fielded questions and issues from 31 industry professionals about the FTX.US application…Read More

  • Cointelegraph.com News - 25 May 2022, 9:00 pm

    Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors. Crypto prices have been exploring new lows for weeks and currently it's unclear what it will take to reverse the trend. Despite the downtrend, cryptocurrencies within the Polkadot (DOT) ecosystem began to rally…Read More

  • Cointelegraph.com News - 25 May 2022, 8:45 pm

    The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency. Brazil's Federal Reserve (RFB) has declared that Brazilian investors in the crypto-asset market must pay income tax on transactions that involve the like-kind exchange of cryptocurrencies; for example, Bitcoin (BTC) for…Read More

  • Cointelegraph.com News - 25 May 2022, 8:00 pm

    Binance CEO Changpeng Zhao met with Kazakhstan’s president and his senior staff on Wednesday to discuss long-term cooperation. Cryptocurrency exchange Binance has signed a memorandum of understanding, or MOU, with the government of Kazakhstan to bolster “virtual asset market development” in the central Asian country. The signing of the MOU, which is between Binance and Kazakhstan’s…Read More

  • Bitcoin News - 25 May 2022, 8:00 pm

    Billionaire hedge fund manager and founder of Pershing Square Capital Management, Bill Ackman, believes “inflation is out of control.” The investor thinks that if the Federal Reserve “doesn’t do its job” by applying “aggressive monetary tightening,” the U.S. economy could collapse. Pershing Square Founder Bill Ackman Thinks ‘Inflation Is out of Control’ While the headlines…Read More

  • Cointelegraph.com News - 25 May 2022, 7:50 pm

    Bitcoin and the major altcoins remain stuck in a range as traders search for the next factor that will start a directional move. Bitcoin (BTC) has been struggling to sustain above $30,800 since May 16, suggesting that demand dries up at higher levels. Similarly, U.S. equity markets have not ceased to decline due to uncertainty…Read More

  • Cointelegraph.com News - 25 May 2022, 7:15 pm

    The banking giant says Terra's collapse did not appear to harm the VC market, and things will be looking up for crypto as long as VC stays in. JPMorgan has placed Bitcoin’s (BTC) fair price at $38,000, which is 28% higher than its current level of around $29,500, according to a note the bank issued…Read More

  • Cointelegraph.com News - 25 May 2022, 6:45 pm

    Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry. Bitcoin (BTC) price has been unable to close above $32,000 for the past fifteen days and is currently down 37% year-to-date. Although that might seem excessive, it does not stand…Read More

  • Cointelegraph.com News - 25 May 2022, 6:05 pm

    BTC price could be poised for a big bounce despite Minerd’s prediction that price will drop to $8,000. Bitcoin (BTC) is predicted to drop more than 70% to the $8,000 value area, according to comments by Guggenheim chief investment fficer Scott Minerd. This is not the first time he has made a bearish call, and he…Read More

  • Bitcoin News - 25 May 2022, 6:00 pm

    Roughly six months ago, bitcoin and a number of digital assets reached all-time highs and the crypto economy crested above $3 trillion in value. Today is a different story as a great majority of cryptocurrencies are down between 57% to over 80% against the U.S. dollar. While Cryptos Are Down From the ATHs, 2020 Holders…Read More

  • Cointelegraph.com News - 25 May 2022, 5:30 pm

    The new investment vehicle will focus on early-stage ideas as well as projects that are more mature and have already shown some traction. Even though crypto markets appear to be on a long, arduous path ahead based on recent weeks of token turmoil, venture investors looking to get their hands on a Web3 future aren't…Read More

  • Cointelegraph.com News - 25 May 2022, 4:30 pm

    The gradual scale would impose the highest taxes on the cheapest electricity sources. Kazakhstan, one of the global leaders in crypto mining with a recent history of hostile measures against the industry, is taking a step toward a comprehensive fiscal framework for mining operators. On Thursday, May 25, the lower chamber of Kazakh parliament, Mejlis, passed…Read More

  • Bitcoin News - 25 May 2022, 4:07 pm

    Following a bearish start to the day, XMR climbed to a two-week high during today’s trading session. Gains in monero come as LRC also saw its price move higher, rising for a fifth consecutive day, as it approaches a multi-week high of its own. Monero (XMR) Monero extended a recent bullish streak during today’s session,…Read More

  • Cointelegraph.com News - 25 May 2022, 4:00 pm

    Cointelegraph breaks down stablecoins and how they give users a way to safely store their assets without worrying about depreciation. Cointelegraph’s director of video production Jackson DuMont dissected stablecoins in the latest episode of Cryptopedia. DuMont also explored and explained algorithmic stablecoins and the recent incident involving the TerraUSD (UST) and why it was unable…Read More

  • Cointelegraph.com News - 25 May 2022, 3:15 pm

    The startup fund, which is backed by Babel Finance and Huobi Ventures, will back emerging projects that are building for the Web3 and metaverse economies. Crypto-focused venture firm NGC Ventures has launched a new ecosystem fund dedicated to Web3 projects, underscoring heightened investor demand for startups that are contributing to the development of a decentralized…Read More

  • Cointelegraph.com News - 25 May 2022, 2:35 pm

    The primary use case for cryptocurrency in most wealthy countries is acquiring it and holding it, trading it, or using it in various other ways to make more money. In the developing world, where access to financial and banking systems is limited or nonexistent, innovative humanitarian organizations are piloting micro-blockchain ecosystems.In the summer of 2021,…Read More

  • Cointelegraph.com News - 25 May 2022, 2:31 pm

    Times are hard for Bitcoin and other cryptocurrencies, but gamers are in luck, as GPU prices are now more affordable. The prices of graphics processing units (GPUs), also known as graphics cards, are undoubtedly still a far cry from the manufacturer’s suggested retail price (MSRP). However, they aren’t what they used to be either, especially…Read More

  • Bitcoin News - 25 May 2022, 2:00 pm

    Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce VAT Exemption for Crypto Trading in Thailand Investors moving cryptocurrencies and…Read More

  • Cointelegraph.com News - 25 May 2022, 1:30 pm

    Ethereum layer-2 developer StarkWare raises a further $100 million despite a gloomy outlook for the cryptocurrency space. Ethereum (ETH) layer-2 developer StarkWare has raised a further $100 million in its latest fundraising round despite the prevailing downturn in cryptocurrency markets.StarkWare’s series D fundraising round sees the firm’s valuation up to $8 billion, marking a four-fold…Read More

  • Cointelegraph.com News - 25 May 2022, 1:19 pm

    While the calls for globally coordinated regulation for cryptocurrencies is a noble effort, the practicality of the situation is far from ideal. The regulation of cryptocurrencies across the world is a constant battle for investors in a rapidly expanding and constantly changing ecosystem. Various regulatory agencies around the world view digital assets in a different light…Read More

  • Bitcoin News - 25 May 2022, 1:11 pm

    Bitcoin was lower for a second consecutive session, as bears maintained recent pressure on crypto markets. This pressure also saw ETH move lower, as it continued to trade under $2,000 during hump-day. Bitcoin The world’s largest cryptocurrency once again traded below $30,000, as bears continue to maintain a chokehold on prices. As of writing, BTC/USD…Read More

  • Cointelegraph.com News - 25 May 2022, 12:54 pm

    Stephan Holzer argued that providing a simpler way to own NFTs can boost the mainstream adoption of the technology. On day four of the World Economic Forum 2022, there were presentations on nonfungible tokens (NFTs), with speakers sharing their takes on use cases and adoption. At Blockchain Hub Davos, Veritic CEO Stephan Holzer and Seal Storage…Read More

  • Cointelegraph.com News - 25 May 2022, 12:44 pm

    NFTs are tokenized assets that can be staked and maintained securely on NFT staking platforms. We all know about staking cryptocurrencies, whereby you make a return on your investment. Nowadays, you can also make money by staking your nonfungible tokens (NFTs)! By staking your nonfungible tokens (NFTs) on NFT staking platforms, you can make additional…Read More

  • Cointelegraph.com News - 25 May 2022, 12:27 pm

    While the FSS' standardization effort is still in its early stages, it is expected that once a legal framework for virtual assets has been established, a uniform evaluation system will be put in place. The Korean Financial Supervisory Service (FSS) has announced that it will be standardizing the way in which virtual asset risks are…Read More

  • Cointelegraph.com News - 25 May 2022, 12:15 pm

    On-chain indicators focusing on Bitcoin's fair valuation and long-term holders' sentiment also raise its prospects of bottoming out. Bitcoin (BTC) has fallen by over 67% in 2022 and is now wobbling between a tight trading range defined by $28,000 as interim support and $30,500 as interim resistance.The selloff appears in the wake of the Federal…Read More

  • Bitcoin News - 25 May 2022, 11:30 am

    A new report indicates that the metaverse might be a significant factor in the growth of economies in Latam and the world in the coming decade. The study, issued by Analysis Group, estimates that Latam might benefit from a surge of $320 billion or an approximate 5% of its GDP, in the next 10 years.…Read More

  • Cointelegraph.com News - 25 May 2022, 11:02 am

    The fourth day of WEF 2022 will see key people from the industry discuss the journey of crypto investors. Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top).WEF 2022, the first in-person World Economic…Read More

  • Bitcoin News - 25 May 2022, 11:00 am

    PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, celebrated the first anniversary of its launch on May 25, 2022. This development marks an impressive milestone for the blockchain project that has taken the tourism sector by storm in recent months. Ariva launches reward program to celebrate 1st anniversary Ariva has…Read More