“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which decentralized autonomous organizations (DAOs) have the most potential in 2022. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook
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Major global cryptocurrency exchange Bitfinex is finally moving forward with its security token platform (STO) in Kazakhstan, opening the first day of trading. Bitfinex Securities, Bitfinex’s blockchain-based investment platform, is officially starting on Tuesday, the company representatives announced to Cointelegraph. Announced in September 2021, the new STO platform is regulated within Kazakhstan’s national financial hub
Terra (LUNA) emerged as one of the best performing financial assets in February, a month mired by geopolitical conflicts and their negative impacts on the crypto market. LUNA decouples from the crypto market LUNA’s price surged by a little over 75% to reach $91.50 at the month’s UTC close. In comparison, the percentage performance of
South Korea’s crypto market grew to 55 trillion Won ($45.9 billion) by the end of 2021, as per a new study from the country’s chief financial regulator, the Financial Service Commission. South Korea is considered among the strictest crypto markets in terms of regulatory policy implementations and made regular headlines throughout 2021 for its new
The U.S. Securities and Exchange Commission (SEC) has revealed that there are benefits for cryptocurrency companies to self-report their violations of securities laws to the regulator. While noting that there will be no amnesty, the SEC enforcement director said, “We’ll view their conduct more favorably if they come in — such as what the remedies
Bitcoin (BTC) got a boost from the start of Wall Street trading Feb. 28 as U.S. stocks opened to a defining week for markets amid geopolitical tensions. Traders eye BTC exit beyound $40,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $40,560 on Bitstamp after the opening bell Monday. The move concluded what
It’s been a wild ride for Neo investors in the past few years, especially as China began to incrementally introduce harsher crypto regulations applicable to the project, which has been dubbed by some as “Ethereum of China.” But despite the odds, the community appears to be resilient, with a dedicated society of developers worldwide and bourgeoning decentralized
While small-scale investors continue to flood into Ethereum, the supply of ETH that was last active 7 years ago remains unsold. Ethereum Whales Wallets Remain Inactive According to statistics from the Glassnode data aggregator, small-scale investors are actively acquiring Ethereum, the second largest crypto on the market, while 7.6 million ETH that were last active
After climbing to a price of more than $41,000 on Monday, Bitcoin’s market capitalization has surpassed that of the Russian ruble. According to data from CoinMarketCap, the market cap of Bitcoin (BTC) surged to roughly $780 billion on Monday amid the price rising to $41,391, a 5.7% increase over the last 24 hours. BTC’s market
Even though Ether (ETH) price bounced over 20% from the $2,300 low on Feb. 22, derivatives data shows that investors are still cautious. To date, Ether’s price is down 24% for the year, and key overhead resistances lay ahead. Ethereum’s most pressing issue has been high network transaction fees and investors are increasingly worried that
A set of 30 crypto wallets from 12 exchange accounts that have been linked to the terrorist group Hamas based in the Gaza Strip were seized on Monday by Israeli authorities. Crypto exchange al-Mutahadun held the wallets where 12 accounts were allegedly being used by Hamas leaders to fund terrorist efforts against Israel. The Times
Nonfungible tokens (NFTs) continue to see increased utilization as the possible applications of the technology have begun to be recognized in sectors ranging from sports entertainment to real estate. One subsector of this market that has seen a spike in momentum on Feb. 28 are fan token projects, protocols that allow their holders to participate
Cryptocurrency investment funds recorded a sizable increase in inflows last week, signaling that institutional investors were still gaining exposure to digital assets despite extreme volatility in the market. Digital asset investment products registered $36 million in cumulative inflows for the week ending Sunday, according to CoinShares data. Regionally, new investments were heavily one-sided, with the
Whenever Bitcoin (BTC) fails to break through important resistance levels, traders gain confidence and add to their altcoin positions. The logic is that, unless BTC drops significantly, these movements historically provide decent rewards for those shifting their portfolios toward higher risk. In the past seven days, the aggregate market capitalization performance of the cryptocurrency market
Based on data gathered by Cointelegraph, the amount of tracked crypto donations sent to the Ukrainian government, military, and charities has surpassed $37 million at the time of publication. These include Bitcoin (BTC), Ether (ETH), Tether (USDT), and other altcoins. The numbers are also based on tracked projects and do not account for items such
The U.S. Securities and Exchange Commission’s enforcement director has reportedly said cryptocurrency companies will not receive amnesty for reporting themselves for possible violations of securities laws. According to a Monday report from Reuters, the SEC director of the agency’s division of enforcement, Gurbir Grewal, said the agency may view crypto companies’ conduct “more favorably” if