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The women of crypto take over Davos WEF

Talking with outstanding women at Davos, who are shaping the crypto industry — Gender inclusivity as it is: From investors to mentors to entrepreneurs and technologists.

The women of crypto take over Davos WEF

Talking with outstanding women at Davos, who are shaping the crypto industry — Gender inclusivity as it is: From investors to mentors to entrepreneurs and technologists.

What is Bitcoin whale watching and how to track Bitcoin whales?

There are four primary ways to track whale activities, which include monitoring known whale addresses, order books, sudden changes in market capitalization and trades on crypto exchanges.

How blockchain technology is used to save the environment

It’s hard to overestimate the role blockchain technology will play in achieving more sustainability and lessening the climate crisis.

How blockchain technology is used to save the environment

It’s hard to overestimate the role blockchain technology will play in achieving more sustainability and lessening the climate crisis.

Axie Infinity: Re-engineering its destiny in the GameFi landscape

Can Axie Infinity rise to its former glory, as a form of “extreme entrepreneurship” where success can happen overnight, amid the crypto winter and uncertain global economy?

Axie Infinity: Re-engineering its destiny in the GameFi landscape

Can Axie Infinity rise to its former glory, as a form of “extreme entrepreneurship” where success can happen overnight, amid the crypto winter and uncertain global economy?

Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Top Stories This Week

 

OpenSea lays off 20% of its staff, citing ‘crypto winter’

Leading NFT marketplace OpenSea plans to lay off around 20% of its staff, with co-founder and CEO Devin Finzer citing “an unprecedented combination of crypto winter and broad macroeconomic instability” as the reasons behind the move. He also added, “The changes we’re making today put us in a position to maintain multiple years of runway under various crypto winter scenarios (5 years at the current volume), and give us high confidence that we will only have to go through this process once.”

 

Celsius has filed for bankruptcy

Celsius, the crypto lending platform that has had customer funds locked up for several weeks but previously claimed to be more trustworthy and safer than a bank, filed for Chapter 11 bankruptcy on Wednesday. According to an email received by Celsius customers, the company voluntarily filed petitions for Chapter 11 reorganization and used the same firm as Voyager Digital for its bankruptcy proceedings. It is unclear what will happen with users’ funds at this stage, given there may be a $1.2 billion hole in the firm’s balance sheet.


Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Top Stories This Week

 

OpenSea lays off 20% of its staff, citing ‘crypto winter’

Leading NFT marketplace OpenSea plans to lay off around 20% of its staff, with co-founder and CEO Devin Finzer citing “an unprecedented combination of crypto winter and broad macroeconomic instability” as the reasons behind the move. He also added, “The changes we’re making today put us in a position to maintain multiple years of runway under various crypto winter scenarios (5 years at the current volume), and give us high confidence that we will only have to go through this process once.”

 

Celsius has filed for bankruptcy

Celsius, the crypto lending platform that has had customer funds locked up for several weeks but previously claimed to be more trustworthy and safer than a bank, filed for Chapter 11 bankruptcy on Wednesday. According to an email received by Celsius customers, the company voluntarily filed petitions for Chapter 11 reorganization and used the same firm as Voyager Digital for its bankruptcy proceedings. It is unclear what will happen with users’ funds at this stage, given there may be a $1.2 billion hole in the firm’s balance sheet.


Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Top Stories This Week

 

OpenSea lays off 20% of its staff, citing ‘crypto winter’

Leading NFT marketplace OpenSea plans to lay off around 20% of its staff, with co-founder and CEO Devin Finzer citing “an unprecedented combination of crypto winter and broad macroeconomic instability” as the reasons behind the move. He also added, “The changes we’re making today put us in a position to maintain multiple years of runway under various crypto winter scenarios (5 years at the current volume), and give us high confidence that we will only have to go through this process once.”

 

Celsius has filed for bankruptcy

Celsius, the crypto lending platform that has had customer funds locked up for several weeks but previously claimed to be more trustworthy and safer than a bank, filed for Chapter 11 bankruptcy on Wednesday. According to an email received by Celsius customers, the company voluntarily filed petitions for Chapter 11 reorganization and used the same firm as Voyager Digital for its bankruptcy proceedings. It is unclear what will happen with users’ funds at this stage, given there may be a $1.2 billion hole in the firm’s balance sheet.


Bitcoin ready to attack key trendline, says data as BTC price holds $20K

The 200-week moving average could see another test from the bulls next, according to signals from exchange order book composition.

Bitcoin ready to attack key trendline, says data as BTC price holds $20K

Bitcoin (BTC) consolidated higher on July 16 after the Wall Street trading week finished with modest gains for United States equities.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Can Bitcoin bulls reclaim the 200-week moving average?

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging between $20,500 and $21,000 into the weekend.

The pair thus preserved the majority of its comeback from the week's lows, these following shock U.S. inflation data and sparking weakness across risk assets.

Now, out-of-hours trading meant that the classic scenario of breakouts and fakeouts on thin liquidity could accompany Bitcoin into the weekly close.

Eyeing order book data from Binance, the largest global exchange by volume, showed key resistance clustered around the $22,000 mark should bulls attempt to nudge the market higher.

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Lido DAO most 'overbought' since April as LDO price rallies 150% in two weeks — what's next?

Ethereum 2.0's tentative launch in September raises LDO's prospects of holding its gains.

Lido DAO most 'overbought' since April as LDO price rallies 150% in two weeks — what's next?

The price of Lido DAO (LDO) dropped heavily a day after its key momentum oscillator crossed into "overbought" territory.

LDO undergoes overbought correction

LDO's price plunged to as low as $1.04 on July 16 from $1.32 on July 15, amounting to a 20%-plus decline. The token's sharp downside move took its cues from multiple bearish technical indicators, including its daily relative strength index (RSI) and its 100-day exponential moving average (EMA).

LDO's latest plunge came after it rallied over 150% in just two weeks, a move that simultaneously pushed its daily RSI above 70 on July 15, thus turning it overbought. 

An overbought RSI signals that the rally may be nearing an end while readying for a short-term pullback.

Meanwhile, more downside cues for the Lido DAO token came from its 100-day EMA (the black wave in the chart above) near $1.30, which capped LDO from extending its 150% price rally.

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Andorra green lights Bitcoin and Blockchain with Digital Assets Act

An analysis of Andorra’s Digital Assets Act and the potential confusion surrounding Bitcoin, blockchain and crypto according to crypto business owners.

Andorra green lights Bitcoin and Blockchain with Digital Assets Act

An analysis of Andorra’s Digital Assets Act and the potential confusion surrounding Bitcoin, blockchain and crypto according to crypto business owners.

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