Crypto News Today
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Tether also confirms its throwing weight behind the post-Merge Ethereum
Tether's announcement comes after USD Coin (USD) issuer Circle confirmed it was also supporting Ethereum’s upcoming Merge upgrade and switch to a proof-of-stake (PoS) consensus mechanism.
BlackRock, Fresh off Coinbase Tie-Up, Offers Direct Bitcoin Exposure
The institutional-investor-focused spot bitcoin private trust will track the price of the cryptocurrency.
Iran makes $10M import with crypto, plans ‘widespread’ use by end of Sept
By the end of September, the use of cryptocurrencies and smart contracts will be widely used in foreign trade with target countries.
Morgan Stanley’s New PAVA Indicator Divides ETH Users Into 'Believers' and 'Speculators'
The indicator monitors the extent ETH’s pricing is driven by blockchain network usage versus speculative activity.
Bitcoin Bounces After Fed Tightening But Tide Hasn't Turned
Bitcoin and Ethereum bounced after the Federal Reserve’s second consecutive 75-basis-point interest-rate increase, which was in line with market expectations. Bitcoin jumped by almost 7% while Ethereum rose 7.5%.
Did Russia And China Just Announce A "New Global Reserve Currency"?
China and Russia are taking their shot at the U.S. dollar.
Bitcoin climbs past $23,000
Katie Stockton, Fairlead Strategies founder, joins CNBC to discuss the overall outlook on the crypto world as Bitcoin climbs past $23000 on Wednesday.
Hype Surrounding Ethereum’s Merge Pushes Price Up 40%
Ethereum’='s price skyrocketed more than 40% over the weekend following news that its massive software update will happen in September.
The 'Merge Trade' Has Begun, Experts Say, as Ether Surges and stETH Discount Narrows
"ETH has undergone a rapid change in narrative over the past week, with speculators purely focused on the upcoming 'merge' as a catalyst for appreciation," one observer said.
Warner Records Joins Bose To Offer Free-To-Mint NFTs
Warner Records Teams Up With Bose To Offer Free-To-Mint NFTs: 5,000 audio-visual digital collectibles have been created in partnership with Kapsule.
GameStop Launches NFT Marketplace During a Crypto Winter | Barron's
The videogame retailer has opened an application for NFT artists to create the digital asset.
Pressure Builds on Diamond Hands
With many signals suggesting a widespread capitulation has taken place, attention turns to whether a Bitcoin bottom is forming. Here, we analyse the characteristics and duration of previous bear cycles, to assess what may lie on the road ahead.
Tether Fails to Calm Jittery Nerves as Short Sellers Circle
Tether's share of supply at Curve's 3pool platform is 65%. Tether CTO says its "portfolio has never been stronger".
Bitcoin balance on exchanges at 3-year low spelling bullish sentiments for BTC
While most cryptocurrencies still struggle, some hope may be on the horizon, at least for the flagship digital asset.
SEC Chairman Gary Gensler calls Bitcoin a commodity
Gary Gensler, the Chairman of the SEC, said that Bitcoin was the only cryptocurrency he was prepared to publicly label a commodity.
Tether to Issue Sterling-Pegged Stablecoin, GBPT
The token will be pegged 1:1 to the British pound and will launch in July.
Bitcoin Miner Bitfarms Sells Coins After Ending 'Hodling'
The miners are some of the biggest whales, holding around 800,000 Bitcoin, according to data from Coin Metrics, of which public miners own 46,000.
Solana NFT Marketplace Magic Eden Raises $130M at $1.6B Valuation
The large raise comes during an otherwise downcast crypto climate.
The Central African Republic Bets On Bitcoin
A group of Bitcoiners traveled to the Central African Republic to meet with the country's president and discuss pathways for bitcoin adoption.
DOGE shoots up as Elon Musk affirms he's accumulating Dogecoin
DOGE has put aside the ongoing market correction to trade in the green zone after Tesla CEO Elon Musk affirmed his support for the token.
Bitcoin Veterans Know to Keep Their Eyes on $19,511 Level
Bitcoin veterans know to be on the lookout for a noteworthy number: $19,511.
Mike Novogratz: Ether Price to Hold at $1000
Galaxy Digital CEO Michael Novogratz has stated that the price of ether and other cryptocurrencies is nearer to the bottom than US equities.
Mike Novogratz Predicts Next Crypto Cycle Begins in October
The outspoken CEO of Galaxy Digital and former "Lunatic" predicts that the Fed needs to flinch before crypto can recover.
EU Aims to Clinch Deal on Landmark Crypto Law This Month
France and the EU Parliament are optimistic about an agreement. Negotiators are still split on a few areas, including NFTs.
Solana Ventures Raises Fund to Help Battered Korean Crypto Scene
The $100 million fund is dedicated to gaming and DeFi projects.