BTC nose-dived to its lowest level since Sept. 21, and data shows pro traders continue to avoid leverage longs. Cryptocurrency traders were caught by surprise after the Oct. 13 Consumer Price Index Report showed inflation in the United States rising by 0.6% in September versus the previous month. The slightly higher-than-expected number caused Bitcoin (BTC)...Continue Reading

The commissioner said Europe is watching U.S. securities regulation developments very closely, but Europe is not following the American lead in its attitude toward energy use. Fintech needs to communicate better, according to a top European Commission (EC) financial official. People ask what the need for financial technology is, and the industry has answers, but...Continue Reading

The Lord Privy Seal of the U.K.’s House of Lords introduced the bill, which, ironically, was “ordered to be printed” following the first reading on Oct. 12. Members of the United Kingdom’s House of Lords have introduced legislation aimed at eliminating the need for paper trade documents, increasing the likelihood of using blockchain technology to...Continue Reading

The decentralized exchange has supported $1.2 trillion in cumulative trading volume since its inception, according to founder and CEO Hayden Adams. Decentralized exchange Uniswap Labs has raised $165 million in a Series B funding round that had participation from some of blockchain’s biggest venture firms, putting the company on track to expand into other crypto-focused...Continue Reading

HT price makes further gains as Huobi Global opens SEAN spot trading, but the rally might be short-lived as technicals flip bearish. Huobi Token (HT) has been up 12% in the last 24 hours and is one of the few cryptocurrencies bucking the general downtrend. Trading at over $7, HT’s price is up over 80%...Continue Reading

Predictable but unsettling chaos hits crypto markets as U.S. inflation data sparks a rout to $18,200 for BTC. Bitcoin (BTC) delivered classic volatility on Oct. 13 as United States economic data shook markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader sticks by $21,000 target Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as...Continue Reading

The Mona metaverse unveiled an AI-enabled material creator for advanced creative and personalized metaverse design. Artificial intelligence (AI) is a mainstay in many Web3 activities. From nonfungible token (NFT) creation to fraud detection, it is integral to the roots of what makes up decentralized technology.  Mona, a Miami-based 3D metaverse development and Web3 social platform, unveiled...Continue Reading

The blockchain gaming sector remains active in terms of adoption and venture capital firms have taken notice, according to industry data. Venture financing for the blockchain industry remained robust in the third quarter, even as bearish conditions ravaged digital asset markets, a sign that venture capital firms were focused more on the long-term value proposition...Continue Reading

Organizations are partnering with NFT projects and accepting crypto donations to draw attention to Breast Cancer Awareness Month. The hype around nonfungible tokens (NFTs) may be fading, yet a number of organizations continue to implement Web3 initiatives. Nonprofit organizations and activists, in particular, have begun implementing nonfungible token projects to help fundraise and generate awareness...Continue Reading

Cointelegraph reporter Gareth Jenkinson interviewed Nigel Farage, a former member of the European Parliament, at the Bitcoin Amsterdam 2022 event. With inflation becoming a bigger problem as time goes on, Bitcoin may become a better and more trusted means of exchange in Europe, according to politician Nigel Farage.  At the Bitcoin Amsterdam 2022, Cointelegraph reporter...Continue Reading