The Coin Leaks

[ad_1] It is becoming increasingly challenging to support a bullish short-term view for cryptocurrencies as the total crypto market capitalization has been below $1.4 trillion for the past 146 days. Furthermore, a descending channel initiated in late July has limited the upside after two strong rejections. Total crypto market cap, USD. Source: TradingView The 1% …

Upside capped at $980B total crypto market, according to derivatives metrics Read More »

[ad_1] Bitcoin (BTC) climbed to new October highs at the Oct. 3 Wall Street open as Credit Suisse concerns heightened.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders close in on rangebound BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD taking aim at $19,500 after starting the month flat. The largest cryptocurrency reacted …

Bitcoin price sets October high with $20K in reach as US stocks rally Read More »

[ad_1] The bear market has not deterred one of the biggest Bitcoin (BTC) bulls. The balances of the New York Digital Investment Group, or NYDIG, hit record highs in Q3 of this year. Plus, a United States Securities and Exchange (SEC) filing could reveal the group’s intent to add more Bitcoin to its balance sheet.  …

NYDIG raises $720M as Bitcoin balance hits all-time high Read More »

[ad_1] Fumio Kishida, the prime minister of Japan since 2021, has said the government will be making efforts to promote Web3 services, including those dealing with nonfungible tokens, or NFTs, and the metaverse. In an Oct. 3 speech before Japan’s National Diet, Kishida said the government’s investment in the country’s digital transformation had already included …

Japanese prime minister says gov’t investment in digital transformation will include metaverse, NFTs Read More »

[ad_1] Over the last two years, nonfungible tokens (NFTs) have emerged as one of the most active and noticeable aspects of Web3. The data stored on blockchains by NFTs may be connected with files that include various forms of media, such as photographs, videos and audio. In certain instances, it can even be related to …

What remains in the NFT market now that the dust has settled? Read More »

[ad_1] Bear markets are for building out capacity on the layer-2 Lightning Network. Despite macroeconomic headwinds and sluggish price action, the Lightning Network, the layer-2 payments solution fo Bitcoin (BTC), continues to flourish. The Bitcoin Lightning Network reached a milestone capacity of 5,000 BTC ($96 million). In effect, more and more Bitcoin is being introduced …

Bitcoin Lightning Network capacity strikes 5,000 BTC Read More »

[ad_1] American socialite Kim Kardashian will pay $1.26 million in penalties for her involvement in the promotion of a cryptocurrency scheme called EthereumMax (EMAX). The United States Securities and Exchange Commission announced the charges against Kardashian on October 3 for ‘touting on social media a crypto asset security offered and sold by EthereumMax’ without disclosing …

Kim Kardashian pays SEC $1.26 million to settle EthereumMax charge Read More »

[ad_1] After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some community members believe that the staking process is too difficult, especially for regular people.  In the Ethereum subreddit, a member of the community raised the topic of ETH staking …

Ether staking is too difficult, community members claim Read More »

[ad_1] Bitcoin (BTC) starts a new week in a precarious place as global macro instability dictates the mood. After sealing a weekly close just inches above $19,000, the largest cryptocurrency still lacks direction as nerves heighten over the resilience of the global financial system. Last week proved a testing time for risk asset investors, with …

BTC price still not at ‘max pain’ — 5 things to know in Bitcoin this week Read More »

[ad_1] Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad has called Bitcoin, silver and gold a “buying opportunity” amid the strengthening United States dollar and continued interest rate hikes.  In an Oct. 2 Twitter post to his 2.1 million followers, the author noted the prices of the three commodities — sometimes referred …

Robert Kiyosaki calls Bitcoin a ‘buying opportunity’ as US dollar surges Read More »