Bitcoin managed to bounce off a critical support and if the higher levels sustain, FTT, XTZ, KCS and HNT could attract buyers. Bitcoin (BTC) is threatening to drop to its worst weekly close since December of 2020. The crypto markets are in are held firmly in a vice grip and the selling accelerated following a...Continue Reading

The lawsuit against Gemini is not about an exchange-traded fund, it’s about how a particular Bitcoin futures contract is being represented. On June 2, 2022, the United States Commodity Futures Trading Commission (CFTC) initiated an action against Gemini, the crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss. Among other things, the complaint alleges...Continue Reading

Bitcoin improvement proposals are an essential part of cryptocurrency governance. Learn here what they are and how they work. What are the types of Bitcoin improvement proposals (BIPs)? There are three main kinds of BIPs: standard, informational and consensus BIPs. Standard BIPs They identify standards used by Bitcoin software like wallets or exchanges and aim...Continue Reading

Ether’s price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different? Ethereum’s native token Ether (ETH) entered its “oversold” territory this June 12, for the first time since November 2018, according to its weekly relative strength index (RSI). This is the last time $ETH went oversold on...Continue Reading

Bitcoin threatens its lowest weekly close since late 2020 as low weekend liquidity exacerbates existing weakness. Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst likens risk asset ‘pump’ to 1929 Data from Cointelegraph Markets Pro and TradingView showed...Continue Reading

Gordon Goner warned about a possible incoming attack after receiving “credible information” that an insider from Twitter would help bypass the security of the social media accounts. Gordon Goner, the pseudonymous co-founder of Yuga Labs, issued a warning about a possible incoming attack on their social media accounts under the Yuga Labs umbrella after receiving...Continue Reading

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Alex Wilson, co-founder of The Giving Block a crypto donation solution that provides an ecosystem for nonprofits and...Continue Reading

During the DigitalArt4Climate press conference, Cointelegraph editor-in-chief Kristina Cornèr took over the stage to understand the various blockchain initiatives that actively fight climate change. The United Nations Framework Convention on Climate Change (UNFCCC) along with climate change entrepreneurs and Cointelegraph delved into discussing the role of emerging technologies such as blockchain in solving global issues...Continue Reading

The main problem that led to the fall of Terra was that the reserves appeared to be overcollateralized, but in reality, they weren’t. The spectacular implosion of the Terra ecosystem in mid-May left the crypto industry scarred. Though there were some brave critics who understood just how thin the razor’s edge was for TerraUSD (UST)...Continue Reading

The rumor surfaced after a Twitter thread by @FatManTerra shared the alleged details on how Kwon, along with Terra influencers, managed to drain funds while artificially maintaining the liquidity. Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing out $80 million every month for...Continue Reading