Binance CEO Changpeng Zhao, also known as CZ, expressed skepticism around the revival plan for the Terra ecosystem and the launch of the new LUNA token. “I try not to predict what the community will do. […] Many are skeptical. I’m one of those guys,” said CZ in an exclusive interview with Cointelegraph. Following the collapse of TerraUSD (USD), the…
This week’s Bitcoin (BTC) chart leaves little doubt that the symmetrical triangle pattern is breaking to the upside after constricting the price for nearly 20 days. However, derivatives metrics tell a completely different story because professional traders are unwilling to add leveraged positions and are overcharging for downside protection. BTC-USD 12-hour price at Kraken. Source: TradingView Will BTC reverse course…
Everything that happens on Ethereum, at the most fundamental level, is represented by data. Whether you swap ETH for USDC on Uniswap or buy a CryptoPunk on OpenSea, everything included in the transaction—your wallet address, fungible tokens, non-fungible tokens, decentralized applications, etc.—is broken down into smaller, computer-readable chunks of data. For a transaction to be considered legitimate, its data must…
sponsored Leaving a lasting legacy is one of the most important things we can do in life. It’s not only a way to ensure that we’re remembered after we die, but it also gives our loved ones a sense of closure and allows them to move on with their lives. Unfortunately, it’s hard to leave a trace of ourselves after…
Bitcoin (BTC) lost bullish momentum at the June 1 Wall Street open as United States equities faced another day of retracement. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Zooming out, “nothing” has changed Data from Cointelegraph Markets Pro and TradingView captured a sharp U-turn for BTC/USD at the start of trading, $1,600 in three hours. At the time of writing, the…
In brief The company’s new ticker, META, will replace FB. The firm rebranded in October after revealing long-term metaverse plans. Social media giant Facebook made its metaverse intentions clear last fall by rebranding as Meta, and despite some harsh criticism and a tumbling stock price, the company is standing firm—and changing its stock ticker to match its ambitions. Meta confirmed…
A Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man — who was arrested in Russia in mid-April — is refusing to share access to his presumed crypto stash with Russian law enforcement. Investigators Fail to Obtain Hydra Market Operator’s Cryptocurrency The…
We’re thrilled to announce that Kraken now supports Fantom (FTM)! Funding and Trading You can add FTM to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading will begin June 2 at approximately 14H30 UTC. Here’s what you need to know: Ticker FTM Tradeable against EUR, USD Price precision 4 decimal places Deposit confirmations required…
Crusoe, a bitcoin mining company, is deploying equipment in Muscat, Oman to capture flared gas.The Oman Investment Authority in the Middle East was part of an April funding round that saw Crusoe raise $350 million. The MENA region accounts for 38% of the world’s flared gasses. Crusoe Energy, a U.S. firm that specializes in using excess natural gas for bitcoin…
A letter signed by 26 computer scientists, tech bloggers, and academics, including many former employees of FAANG firms and notable crypto skeptics, lobbying against crypto has been presented to U.S. lawmakers, according to the Financial Times. The letter urges regulators to “take a critical, skeptical approach toward industry claims that crypto-assets are an innovative technology that is unreservedly good” and…
