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Market Wrap: Bitcoin, Ether Continue Their Sideways Moves as the World Twists and Turns

October 21, 2022 by

Inflation remains stubbornly high, the global economy is stuttering and the U.K. can’t find a decent leader. But bitcoin keeps purring above $19K. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Core Scientific Again Raises Bitcoin Mining Hosting Rates

October 21, 2022 by

The firm expects power costs to decline in the future, which will be reflected in its hosting rates.

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3 reasons why DeFi investors should always look before leaping

October 21, 2022 by

DeFi investing is riddled with potholes. Here are a few tips on how to avoid them.

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Pension Fund-Backed Parataxis Digital Yield Fund Targets $500M in Assets in 2023

October 21, 2022 by

The digital yield fund received investments from two Fairfax County, Va. pension funds earlier this year.

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Unsung hero saves DeFi protocol from potential exploit: Finance Redefined

October 21, 2022 by

Analytical data reveals that DeFi’s total value registered another dip, with the total value locked (TVL) falling below $50 billion at the time of writing.

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Amendment to UK financial services bill provides regulation for crypto activities

October 21, 2022 by

The bill addressed stablecoin regulation from the start; now the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes.

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Creadores de NFTs basados en Ethereum recibieron más de US$1800M en regalías, según Galaxy Digital

October 21, 2022 by

Hasta el momento, el creador de Bored Ape Yacht Club, Yuga Labs, fue el que más pagos recibió, US$147 millones.

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Coinbase to Significantly Benefit From $1.6B Transfer of MakerDAO’s USDC, Analyst Says

October 21, 2022 by

A proposal to move the stablecoin assets was made by Coinbase in September and is nearing a final deadline.

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Polkadot co-founder Gavin Wood steps down as CEO of Parity

October 21, 2022 by

Wood will remain the company’s majority shareholder and take on the title of chief architect, where his focus will shift to developing and promoting the mass adoption of Web3 technology.

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Here’s how Bitcoin pro traders plan to profit from BTC’s eventual pop above $20K

October 21, 2022 by

Traders who believe BTC will break above $20,000 could use this low-risk options strategy to cast a long bullish bet.

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Bitcoin Completes Second Full Week Below $20K as Aptos Finds Market Bottom

October 21, 2022 by

Bitcoin stayed unusually steady, with traditional markets in flux. The freshly launched Aptos token staged a minor recovery after its initial flop.

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Hong Kong unveils completed retail CBDC project that has a CBDC-backed stablecoin

October 21, 2022 by

The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region.

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Argentina desmantela una instalación ilegal de minería de criptomonedas y detiene a 40 personas

October 21, 2022 by

En una causa que también investiga el robo de electricidad, la agencia de recaudación de impuestos incautó dinero en efectivo y equipamiento de minería.

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Over $1.8B in Royalties Have Been Paid Out to Ethereum-Based NFT Creators: Galaxy Digital

October 21, 2022 by

Bored Ape Yacht Club creator Yuga Labs has earned the most in royalties to date, with over $147 million in payouts.

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Larga vida a los memes: los entusiastas cripto buscan valor en tokens de bromas tras unos tuits de Vitalik Buterin

October 21, 2022 by

Si se puede ganar dinero a costa de los temas de moda, es de esperar que haya un mercado en algún lugar de los círculos exclusivos.

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Web3 Developers Still Building Despite Crypto Winter

October 21, 2022 by

Jason Shah, product manager at Alchemy, discusses the future of Web3 and the increase of developers across blockchains like Ethereum and Solana.

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Celsius Network defaults on payments to Core Scientific, causing financial unrest

October 21, 2022 by

Core Scientific claims to be losing approximately $53,000 per day to cover the increased electricity tariffs that Celsius refuses to pay.

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Price analysis 10/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC

October 21, 2022 by

The S&P 500 and Bitcoin bounced off their nearby support levels, indicating that the bulls have not given up and are possibly buying the dips.

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Argentina Dismantles Illegal Crypto Mining Operation, Apprehends 40

October 21, 2022 by

The country’s tax collection agency is investigating electricity theft, and seized cash and crypto mining equipment in the raids.

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Hardliners Stymie Online Identity Innovation

October 21, 2022 by

Lack of middle ground between blind crypto idealists and blinkered monetary regulators hampers self-sovereign, privacy-enhanced identity solutions.

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Build on Blockchain, Stay Away From Crypto Gambling, Turkey’s Erdoğan Says

October 21, 2022 by

The president said Turkey seeks to establish its own metaverse, while discouraging people from “gambling” in crypto.

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New York-based forex broker Oanda launches crypto trading services in US

October 21, 2022 by

The broker’s partnership with Paxos will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’ itBit exchange through Oanda’s mobile platform.

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The Floor Price for Bored Ape’s Otherdeed NFTs Is Crashing

October 21, 2022 by

Volume is up and prices are down as sellers dump them well below 1.65 ETH.

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In Craig Wright Verdict, Reality Prevails

October 21, 2022 by

The BSV grift limps towards its ignominious end.

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3 historically accurate Bitcoin on-chain metrics are flashing ‘bottom’

October 21, 2022 by

Key Bitcoin indicators tracking its market versus fair value, as well as long-term holders’ confidence, hint at a market bottom formation.

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Polkadot Co-Founder Gavin Wood Steps Down From CEO Role at Blockchain’s Builder: Report

October 21, 2022 by

Gavin Wood has dropped the title of CEO, according to reports.

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Hodling Shielded Assets Is the Best Way to Maintain Privacy

October 21, 2022 by

Post Content

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Crypto Biz: Bear market claims another casualty

October 21, 2022 by

German crypto bank Nuri joins a growing list of crypto service providers to shutter their doors permanently amid the bear market.

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La caída de bitcoin podría continuar si la fortaleza del dólar se mantiene en los próximos trimestres, según Goldman Sachs

October 21, 2022 by

La fortaleza relativa de la economía estadounidense y la postura de la Fed han contribuido a llevar al dólar a un máximo de dos décadas.

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Collapsed Australian Crypto Exchange ACX Allegedly Used Customer Funds to Run Business

October 21, 2022 by

An Australian court has heard that Australian cryptocurrency exchange ACX that collapsed last year used customer deposits to fund another part of its business instead of keeping the funds on reserve.

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