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Cryptocurrency News

Location American Cryptocurrency News for 3 August 2022
Nomad reportedly ignored security vulnerability that led to $190M exploit The altcoins that were stolen in the Nomad bridge hack suffered as much as 94% decline in price after the exploit.
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Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto inve...
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BTC wholecoiners up by 40K since June crash began

Coin Telegraph - 3 Aug 2022 02:23
BTC wholecoiners up by 40K since June crash began A sharp fall in the cryptocurrency's price in May and June appears to have coincided with the increase in wallet addresses holding more than one Bitcoin.
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Professor Warns SEC That Its Move Against Coinbase Is a 'Serious Mistake' A former advisor to the United States Securities and Exchange Commission (SEC) has warned that the agency would be making a "serious mistake" if it proceeds with a probe into Coinbase and other major crypto exchanges. As...
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Europe's Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related transactions. The agency is now looking to hire suppliers of trading data, as monitoring maj...
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MicroStrategy stock MSTR hits 3-month high after CEO's exit Poor earnings coupled with overvalued fundamental metrics pose long-term bearish risks for MSTR.
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Here's How Web3 Can Wipe Out Issues the Ticketing Industry Has Faced for Decades Josh Katz is the chief executive officer (CEO) and founder of Web3 ticketing platform YellowHeart.__________ Web3 first began as a vision of a decentralized internet that allows people to fully own digital items. Sounds ...
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The Fed Is 'Resolute' on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation -- Gold and Stocks Sink Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America is alleviated. Chicago Fed president Charles Evans ex...
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Bitcoin price battles $23.5K resistance amid relief over Pelosi Taiwan trip A lack of immediate retaliation from China emboldens U.S. stocks as new research concludes that the market is becoming increasingly "risk-on."
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Price analysis 8/3: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX Bitcoin and most major altcoins are witnessing buying near strong support levels, indicating a bullish sentiment.
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The US Gets Another Crypto Regulation Idea, USD 9M Returned to Nomad, Zipmex 'Stabilizes' + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. __________...
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Bitcoin bulls aim for $25K price on Friday's $510M options expiry BTC price has been gaining momentum as it nears $24,000, and this week's options expiry could help bulls profit $200 million.
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Beyond the headlines: The real adoption of Bitcoin salaries Bitcoin wages are becoming more common globally, particularly among "borderless" remote workers and in certain regions like Latin America.
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Despite Crypto Downturn, Developers Continue Contributing to Web3 Communities Blockchain developers have maintained their contributions to Web3 communities despite the latest market downturn, with Ethereum (ETH) leading the way as the strongest and largest community, according to a recent report b...
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Lido DAO: Ethereum's biggest Merge staker just jumped 30% -- will LDO rally into September? LDO price is up roughly 30% over the past day, gaining approximately 500% since mid-June.
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Borrowing to buy Bitcoin: Is it ever worth the risk?

Coin Telegraph - 3 Aug 2022 15:03
Borrowing to buy Bitcoin: Is it ever worth the risk? Borrowing to buy crypto has often been advocated for by various influencers, but the consequences may be dire.
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Bitcoin miners now hold a record 1.856M BTC -- new data Miners go from sellers to hodlers again as the worst of June's capitulation phase seems to pass.
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Dollars on the Lightning Network: a boon for emerging markets? An innovation on the Bitcoin Lightning Network (LN) could shelter users from the price volatility of BTC by providing access to dollars.
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound as Global Markets React to Pelosi's Visit to Taiwan Bitcoin and ethereum were both trading higher on Wednesday, as global financial markets reacted to the tensions caused by U.S. House Speaker Pelosi’s visit to Taiwan. The price of gold dropped by nearly $40 late on Tue...
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Bitcoin and Ethereum Inch Higher, APE and SNX Rally Bitcoin price started a fresh increase above the USD 23,200 resistance zone and is currently (11:20 UTC) trading near USD 23,400. BTC is up 2% in a day and 10% in a week. Similarly, most major altcoins are also moving hi...
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EU crypto community has two weeks to join conversation on crypto data The ESMA is looking for "crypto off-chain data," or data from spot and derivatives trades at centralized exchanges or OTC crypto trading platforms.
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Match Group Puts Crypto, Metaverse Plans for Tinder on Hold Online dating giant Match Group is unhappy with one of its leading brands, Tinder, so it's putting its earlier plans to have the service adopt cryptocurrencies and venture into metaverse-based dating on hold. ...
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