Since Cointelegraph Markets Pro launched — bringing professional crypto market intelligence to every investor — the platform has helped thousands of subscribers to better understand the opportunities and threats inherent in the world of crypto investing and trading. In this brief, we want to draw attention to some highlights since the platform’s launch, including a critical look at a variety…
“In a massive solar storm, which would be hugely damaging to a modern economy’s infrastructure, the blockchain parts might well be the only parts that survive.” — Jason Potts What was the Carrington Event? In a November 1859 meeting of the Royal Astronomical Society, British astronomer Richard Christopher Carrington reported to the esteemed scientific body that “in the forenoon of…
Bitcoin surged to a one-month high on Dec. 13, ahead of the latest inflation report from the United States. It is expected that consumer prices will fall to 7.3% in November, which would be a drop of 0.4% from the month prior. Ethereum was also higher in today’s session, as prices neared the $1,300 mark. Bitcoin Bitcoin (BTC) rallied to…
Bitcoin (BTC) hit new one-month highs on Dec. 13 as United States inflation data sent a surge of optimism through markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price rebounds aU.S. inflation slows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $18,105 on Bitstamp after the Consumer Price Index (CPI) print for November came in below expectations.…
Sam Bankman-Fried was finally arrested on Monday in the Bahamas as the U.S. Department of Justice officially filed criminal charges against the former CEO and founder of the now-bankrupt crypto exchange FTX. Charged with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering, SBF is now facing possible extradition to the U.S. SBF is also facing…
Users and developers are seeking out ways to stay both safe and informed after a year of volatility and uncertainty. During this shift, the hardware wallet developer Ledger announced a new integration for users to track the value of their assets. Ledger and Merlin, a decentralized finance (DeFi) portfolio tracker, announced their new partnership on Dec. 13 to bring live…
Climate change has become one of the most pressing issues in the modern world with mounting pressure on companies to develop and implement climate strategies. Politicians around the globe have also been actively involved, with several nations pledging to go carbon-neutral in the next couple of decades. Amid all the initiatives and conferences led by politicians and billion-dollar companies over…
Investment fund manager M31 Capital has chosen Anchorage Digital Bank to custody the $100 million Web3 Opportunity Fund it launched in October. Founded in 2020 by CEO Nathan Montone, M31 now has five different funds fueling the move towards decentralization and has already amassed many big names in its portfolio: Ethereum Name Service, Arweave, Cosmos, and Helium. Anchorage seemed like…
MakerDAO is bringing back a fan favorite: The DAI Savings Rate. First launched in 2018, the DSR lets users deposit the project’s native stablecoin DAI into a smart contract and begin earning interest on their holdings. The interest has been negligible for some time, however, earning users just 0.1%. DAI is MakerDAO’s decentralized dollar-pegged stablecoin. It’s backed by a combination…
The Canadian Securities Administrators (CSA), the council of Canada’s provincial and territorial securities regulators, on Dec. 13 issued an update to crypto trading platforms operating in the country. The CSA said that the authority has been reinforcing its approach to the supervision of crypto trading platforms by expanding existing requirements. According to the statement, all crypto trading firms operating in…
