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Bitcoin liquidations vanish as trader hopes $30K will hit before dip
Cointelegraph.com News - 25 March 2023, 1:40 pmBitcoin market volatility dries up as sideways trading cools bullish BTC price predictions in the near term. Bitcoin (BTC) drifted lower on March 25 as eerily calm conditions saw liquidations evaporate.BTC/USD 1-hour candle chart (Binance). Source: TradingViewBitcoin in “slow chop” until MondayData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it focused on $27,500…Read More
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What is fiscal policy, and why does it matter?
Cointelegraph.com News - 25 March 2023, 12:07 pmFiscal policy shapes economies through government spending, taxation and borrowing. Fiscal policy is a tool used by governments to regulate economic activities in their country. It involves the use of government spending, taxation and borrowing to influence economic growth, stabilize inflation and maintain a stable economy. This article will explain what fiscal policy is, how…Read More
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Arbitrum Discord hacker shares phishing announcement amid airdrop hype
Cointelegraph.com News - 25 March 2023, 11:14 amThe phishing message on Discord offered “the opportunity to re-claim an additional stake in Arbitrum DAO Governance” while citing issues during the initial token claim drive. The crypto community’s warning against fake Arbitrum (ARB) airdrops materialized as hackers managed to drop a phishing link into Arbitrum’s official Discord server.On March 25, blockchain-focused security firm CetriK…Read More
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Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data - 25 March 2023, 10:45 amWhile capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.Read More
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How to buy and sell NFTs on Nifty Gateway
Cointelegraph.com News - 25 March 2023, 10:23 amFrom Beeple to Lil Yachty, Gemini’s NFT marketplace Nifty Gateway has a lot to offer for crypto artists. Nonfungible token (NFT) marketplaces transacted roughly $82 million in 2020 and a staggering $17.6 billion in 2021, indicating a rising demand and high user interest in NFTs. This meteoric rise of digital asset trading ranged from whimsical…Read More
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Sony eyes NFT transfers across multiple game platforms, reveals patent
Cointelegraph.com News - 25 March 2023, 9:51 amSony’s NFT framework aims to integrate NFTs into gameplay, with the technology representing skins and other popular in-game functionalities. Sony Interactive Entertainment, the video game goliath running the PlayStation brand, filed a patent for a framework allowing users to transfer and utilize nonfungible tokens (NFTs) across multiple game platforms. Over several years, Sony’s interest in crypto…Read More
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The UK Has Created Crypto Banking Problems
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data - 25 March 2023, 8:00 amU.K. lobbying groups and lawmakers have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are calling the government to act.Read More
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NFT investor accidentally burns $135K CryptoPunk trying to borrow money
Cointelegraph.com News - 25 March 2023, 7:04 amWhile going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation. A nonfungible token (NFT) from the CryptoPunks collection worth 77 Ether (ETH) was sent to a burn address to be permanently destroyed. However, the collector intended to borrow some money against…Read More
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Animoca denies reports of $200M cut to metaverse fund and valuation drop to $2B
Cointelegraph.com News - 25 March 2023, 5:45 amSpeaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the source or agenda is.” Venture capital firm and Web3 game developer Animoca Brands has refuted claims that it scaled back its metaverse fund target by $200 million, or 20% to $800…Read More
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‘US has left a vacuum that other countries are eager to fill’: Coinbase
Cointelegraph.com News - 25 March 2023, 2:39 amWhile the U.S. government opts for “regulation by enforcement,” other countries are fostering “vibrant” crypto ecosystems due to progressive regulation, argues Coinbase’s Daniel Seifert. With Coinbase seemingly on the verge of a court battle with the United States Securities and Exchange Commission (SEC), the firm has emphasized that the U.S. government’s hawkish approach to crypto…Read More
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White House report takes aim at Bybit — and forgot about Deribit
Cointelegraph.com News - 24 March 2023, 11:50 pmThe White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in the space. The White House released its annual economic report on March 20, and it dedicated an entire section to digital assets. The authors should be commended for doing so. I largely agree with the report’s…Read More
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Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data - 24 March 2023, 10:45 pmCoinbase’s former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents.Read More
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Amazon's NFT Plans Teased in a Receipt Mailed Friday Afternoon
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data - 24 March 2023, 10:09 pmIn an email to CoinDesk’s Nikhilesh De, Amazon appeared to confirm that digital tokens, an NFT gallery and resale opportunities are coming to the site.Read More
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US Treasury’s Financial Stability Oversight Council held unscheduled, closed meeting
Cointelegraph.com News - 24 March 2023, 10:04 pmHeads of all major U.S. financial regulatory agencies gathered by video to hear a presentation by New York Fed staff that concluded that the banking system “remains sound.” The United States’ most powerful financial regulators gathered on March 24 by video conference for an unscheduled, closed meeting of the Treasury Department’s Financial Stability Oversight Council…Read More
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NFTX DAO Eyes Treasury Rebalancing After USDC Wobbles
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data - 24 March 2023, 9:34 pmThe decentralized autonomous organization’s token holders are voting to diversify $2 million of its treasury’s assets amid a turbulent crypto market.Read More
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Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data - 24 March 2023, 9:21 pmBut the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.Read More
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Magic Eden Forms Web3 Games Collective With Leading Publishers, Communities
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data - 24 March 2023, 7:22 pmThe NFT marketplace has teamed up with Yield Guild Games, Game7 and Fenix Games to bring Web3 games mainstream.Read More
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Bitcoin From Defunct BTC-e on the Move Again: Report
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data - 24 March 2023, 7:00 pmSomeone is trying to cash out bitcoin from an exchange that has been inactive since the U.S. shut it down in 2017.Read More
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Eversheds Sutherland Files for Property Rights Over FTX.com Customer Assets
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data - 24 March 2023, 6:24 pmLawyers asked the court for an early stage summary judgment, to ring-fence FTX assets frozen in the accounts of non-U.S. customers.Read More
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Federal Reserve Says Custodia’s Plans Would Endanger Itself and the Crypto Industry
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data - 24 March 2023, 5:42 pmThe Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership.Read More