gm Week in Review: SEC Targets Staking, a16z Doesn’t Get Its Way, NFTs Popping In our February 11, 2023 week in review episode, Matthew Diemer, Stacy Elliott, and Stephen Graves talk about the latest developments in the FTX case, 3AC founders trying for a comeback, a16z losing on a big Uniswap vote despite holding 15 million UNI tokens, and NFTs…
The latest installment of Cointelegraph’s Top 100 is live, with positions 51–60 now revealed to the public. Each year, Cointelegraph crafts a list of the top 100 figures in the crypto industry, with its staff casting votes on which to include. Each member of the Top 100 gets their own profile explaining why they were included. The first 10 entries,…
Cryptocurrency trading has evolved from the perception of simply being a game of chance to a strategic process. Successful traders rely on a combination of technical analysis, specific indicators and metrics to find trades with a high probability of profit. Before explaining the three technical analysis strategies that can help confirm a winning trade, let’s first define the key terms:…
Consumer prices rose more than expected in January, a potentially negative sign of what’s in store for risk assets like cryptocurrencies in 2023 as the Federal Reserve tries to tame inflation through a campaign of interest rate hikes. The Consumer Price Index (CPI), which tracks price changes across a broad range of goods and services, rose 6.4% in the twelve…
Cathie Wood’s investment management firm Ark Invest continues stacking Coinbase (COIN) stock amid the latest cryptocurrency market decline. On Feb. 10 and Feb. 13, Ark made its first COIN purchases since mid-January, adding significant exposure to the United States’ largest crypto exchange. Last Friday, Ark bought 139,105 COIN shares for the ARK Innovation exchange-traded fund (ARKK), according to an investor…
The metaverse, a virtual environment that simulates reality, offers complex moral dilemmas regarding privacy, ownership and control. These consist of: Privacy: Who has access to and how is personal information used within the metaverse?Ownership: Who owns the digital assets and real estate in the metaverse, and what rights do they have over it?Control: Who oversee activities in the metaverse, and…
In brief Bakkt is a custody service that stores Bitcoin in cold storage. The platform provides a way for traditional investors to get involved in Bitcoin with US federal regulatory oversight. The owner of the New York Stock Exchange wants to make Bitcoin mainstream. What counts as mainstream? Traditional and financial institutions. If you can get the old money to…
While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins by market valuation that has seen a supply increase in the past three months. Tether Supply Rises While Competitor…
The U.K. Tax Reform Council has launched a campaign against the Bank of England’s plan to introduce a central bank digital currency (CBDC). The non-profit organization warns that such a move could seriously harm individual privacy and lead to intrusive changes to the taxation system. The freshly formed Tax Reform Council includes monetary economist John Chown, cofounder of the Institute…
Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January, down 0.3% from the month prior. Ethereum also rallied, climbing back above $1,500. Bitcoin Bitcoin (BTC) rebounded from recent losses in today’s session, as prices moved closer to…
