Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours.
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Bitcoin’s water consumption: A new environmental threat?
New studies have examined the water consumption of Bitcoin, with alarming results.
Crypto platform WOO X partners with market maker Wintermute for liquidity boost
Aside from Wintermute, other leading liquidity providers, including Selini Capital and Black Code Group, also support WOO X.
Chinese government plans for blockchain-based identity verification
The Chinese Ministry of Public Security plans to implement a blockchain-based identity verification system that it claims will help keep personal data and identity credentials safe.
Oasys taps rollup platform AltLayer to simplify metaverse deployment
Oasys Director Daiki Moriyama told Cointelegraph that the move allows smaller game developers to have an easier time deploying their games on the network.
Nifty News: Funko’s Disney NFTs, Sotheby’s auction Bitcoin Ordinals project, and more
WAX co-founder William Quigley told Cointelegraph that despite the bear market, NFT technology remains promising.
Nifty News: Funko’s Disney NFTs, Sotheby’s auction Bitcoin Ordinals project, and more
WAX co-founder William Quigley told Cointelegraph that despite the bear market, NFT technology remains promising.
Sam Bankman-Fried’s lawyer says FTX fraud trial was “almost impossible” to win: Report
The head of Sam Bankman-Fried’s legal defense admitted the odds of winning the FTX fraud trial were stacked against the former CEO.
Sam Bankman-Fried’s lawyer says FTX fraud trial was “almost impossible” to win: Report
The head of Sam Bankman-Fried’s legal defense admitted the odds of winning the FTX fraud trial were stacked against the former CEO.
AI guidance for judges in England and Wales warns against risks
Senior judges in the U.K. have published AI guidelines for the judiciary to follow, which advise how to use AI and warn of the potential risks of using the technology in trials.
Dubai awards conditional crypto license to climate-friendly Web3 firm
AYA is a climate-focused launchpad that supports innovations around sustainability, such as reforestation, nature credits, mangrove conservation and sustainable agriculture.
Buy the dip, sell the rip? BTC price levels to watch as Bitcoin taps $42K
Bitcoin (BTC) faces an uphill struggle to reignite its uptrend after its biggest one-day losses of 2023.
The largest cryptocurrency continues to claw back lost ground after falling to lows of $40,200 after the Dec. 10 weekly close, the latest data from Cointelegraph Markets Pro and TradingView shows.
BTC/USD 1-hour chart. Source: TradingViewWith BTC price action taking a break from relentless gains — one which many argue was overdue — new key support and resistance levels are coming into play.
The coming days are already set to offer plenty of potential volatility triggers. United States macro data releases begin on Dec. 12, with the Federal Reserve interest rate decision and commentary from Chair Jerome Powell following a day later.
The stage is set for a showdown that may involve more than crypto markets.
Buy the dip, sell the rip? BTC price levels to watch as Bitcoin taps $42K
Bitcoin preserves $40,000 as support and bounces higher as traders eye the impact of “institutional sized” moves on BTC price.
Bitcoin dev denies adding inscriptions to National Vulnerability Database
Bitcoin core developer Luke Dashjr said he played no part in flagging Bitcoin inscriptions as a cybersecurity threat with the NVD, as the listing received a “5.3 Medium” severity score.
Bitcoin dev denies adding inscriptions to National Vulnerability Database
Bitcoin core developer Luke Dashjr said he played no part in flagging Bitcoin inscriptions as a cybersecurity threat with the NVD, as the listing received a “5.3 Medium” severity score.
IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX
FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill.
Avalanche was ‘undervalued’ before posting 79% weekly gain — Analysts
Avalanche (AVAX) appears to be one of the few major cryptocurrencies to buck the recent crypto decline, posting a phenomenal 79% weekly gain as others have declined.
Some analysts believe this is due to recent partnership announcements and a rise in trading volumes and total value locked, while others claim there’s been a shift in how altcoins are valued.
While Bitcoin (BTC) and Ether (ETH) saw a 6% nosedive on Dec. 11, AVAX gained 13.6% in the last 24 hours, per CoinGecko data.
Avalanche is up 79% in the past seven days. Source: TradingViewRyan Mcmillin, the chief investment officer at Merkle Tree Capital, told Cointelegraph that much of the excitement around AVAX could be due to traditional financial heavyweights JPMorgan and Citi partnering with the Avalanche Foundation for their real-world asset tokenization initiatives.
“More recently, the strength of AVAX looks to be associated with a spike in daily transactions from around $200,000 to $4.5 million over the last couple of days. Daily active addresses have also seen a solid trend to the upside,” Millin added.
Don’t panic: Only 11 of Elizabeth Warren’s 330 bills have ever passed
Support for the Digital Asset Anti-Money Laundering Act is growing in Congress, but most bills sponsored by legislators never become law.
El Salvador’s Bitcoin bond gets regulatory approval, targets Q1 launch
The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1 2024.
Yuga Labs co-founder addresses come-back rumors amid ongoing health break
Nonfungible token (NFT) entrepreneur Wylie Aronow has confirmed he isn’t ready to return to Yuga Labs, the NFT firm he co-founded, despite making “steady progress” with his health.
“I’m not ready to come back to even part-time work. I have to ensure I’m around for a long time, for those who need me,” Aronow said on Dec. 11 in addressing rumors of a potential return.
“My point is, while I’m making steady progress with my health, there’s still some pretty wild swings, and this is a marathon for me.”
Aronow explained that some days he’s ready to throw himself into the “deep end,” while on other days he feels he needs to be “wheel-chaired” to an emergency room.
Aronow, also known as Gordon Goner, took leave of absence in late January to following a congestive heart failure diagnosis. In the same announcement, Wylie rejected rumors that Yuga Labs used neo-Nazi and racist imagery, referring to them as “lies.”