On this week’s The Market Report show, Cointelegraph’s resident experts discuss the possibility of a $12,000–$14,000 Bitcoin (BTC) price and what that would mean for the rest of the crypto space. We start off this week’s show with the latest news in the markets: New BTC miner capitulation? 5 things to know in Bitcoin this week Bitcoin prepares to exit…
Sam Bankman-Fried is again trying to clear the air. In an interview with Tiffany Fong published Tuesday, the disgraced FTX founder and former CEO explained why FTX prioritized Bahamian withdrawals—and also said he’s narrowed down who might be behind that shady $650 million “hack” the night of the Chapter 11 bankruptcy filing. “I’ve narrowed it down to like eight people. I…
A new version of the original Bitcoin software launched by Satoshi Nakamoto in 2009 has been released. Bitcoin Core 24.0 was worked on by 112 developers for roughly seven months to bring tangible improvements to Bitcoin Core’s wallet, peer-to-peer (P2P) communications, graphical user interface (GUI) and much more. This article explores some of the main changes. Wallet Updates Initial Miniscript…
Overview Daily spot trading volume: $723.9 million, 30 day average spot: $762.3 million. Total futures notional: $49.9 million. The top five traded coins were, respectively, Tether (↑0.01%), USD Coin (↑0.01%), Bitcoin (↓0.5%), Ethereum (↓0.5%), and Dai (↓0.0%). Strong returns from REN Protocol (↑33%), Nodle (↑29%), and KILT (↑15%). The post Kraken Daily Market Report for November 25 2022 appeared first…
Roberto Campos Neto, president of the Bank of Brazil, explained the role that the Brazilian central bank digital currency (CBDC), the digital real, might play in the future of personal finance. At an event, Neto explained the concept of “open finance,” showing a “super app” that featured PIX (a payments network) functionality, and also integration with other stablecoins already available.…
Everstake, a blockchain firm that partnered with the Ukrainian government to launch a donation website amid the country’s war with Russia, has pushed back against online rumors and conspiracy theories that the platform was used for politically motivated money laundering. Ukrainian government officials partnered with Everstake, Kuna and the now infamous crypto exchange FTX to launch Aid for Ukraine in…
Phantom, the popular self-custody wallet for Solana-based decentralized applications and NFTs, announced today that it would be adding support for rival blockchains Ethereum and Polygon to its desktop, iOS, and Android apps. The company argues that an easy-to-use self-custodial wallet is essential as an alternative to centralized exchanges and companies that handle sensitive user data. “We are excited to bring…
This is an opinion editorial by Maximilian Brichta, a doctoral student at the University of Southern California currently working on his dissertation, “Vernacular Economics: On The Participatory Culture And Politics of Bitcoin” It’s hardly a surprise that bitcoin gets maligned as a “bubble,” a Ponzi scheme, a fad, a greater fool’s theory racket or the tulip phenomenon of the 21st…
Overview Daily spot trading volume: $492.8 million, 30 day average spot: $758.5 million. Total futures notional: $52.6 million. The top five traded coins were, respectively, Tether (↑0.0%), USD Coin (↓0.01%), Ethereum (↑0.6%), Bitcoin (↓0.4%), and Solana (↑0.9%). Strong returns from Oxygen (↑83%), Secret (↑18%), and REN Protocol (↑15%). The post Kraken Daily Market Report for November 26 2022 appeared first…
Ethereum rose back above $1,200 on Tuesday, ahead of the upcoming consumer confidence report from the United States. The price comes following a breakout above a key resistance level of $1,180. Bitcoin also climbed higher in today’s session, ending a five-day losing streak. Bitcoin Bitcoin (BTC) snapped a five-day losing streak on Tuesday, as prices moved away from a recent…
