News Articles for 2022-11-01
Browse daily crypto market news articles
Andy Warhol and the Rise of NFTs: A Modern Twist on Art and Business
Exploring how Andy Warhol, the iconic 20th-century artist, might embrace NFTs today, blending art and commerce in the digital age.
Read moreApple Tightens Grip on App Store with New Crypto Exchange Regulations
Apple's updated App Store guidelines now require crypto exchange apps to operate only in regions where they have proper licensing, impacting the crypto industry's accessibility.
Read moreBinance's $500 Million Investment in Twitter: Strategic Move into Web3
Binance CEO CZ Zhao explains the rationale behind co-investing $500 million in Twitter, highlighting monetization potential, free speech for the crypto community, and Web3 integration.
Read moreBinance's $500M Investment in Twitter: A Bet on Free Speech and Web 3.0
Discover why Binance invested $500M in Twitter, focusing on free speech, monetization, and Web 3.0 integration.
Read moreBitcoin Hits Six-Week High: Is a Trend Change Underway?
Bitcoin has reached a six-week high, sparking discussions about a potential trend reversal. Explore the latest developments and what they might mean for the crypto market.
Read moreBitcoin Mining Firm Core Scientific Faces Bankruptcy Amid Financial Struggles
Explore the challenges behind Core Scientific's potential bankruptcy and the factors impacting the Bitcoin mining industry.
Read moreBitcoin Predicted to Hit $30k in 2023: Analysts Forecast Bull Run
Crypto analysts PlanB and Moustache predict Bitcoin could surge to $30,000 in 2023. BTC shows stability, trading at $20,582.40 with a 0.47% increase. The global crypto market exceeds $1 trillion, with bulls aiming to maintain momentum.
Read moreBitcoin Price Analysis: BTC Trades Above $20,600 with 55-60% in Profit
Bitcoin's current price is $20,628.11, showing a 0.61% increase over 24 hours and 6.74% over seven days. Approximately 55-60% of BTC holders are in profit, indicating a bullish trend.
Read moreBitcoin Price Prediction: Analyst Forecasts $14K as BTC Trades Near $20K
A prominent crypto analyst predicts Bitcoin could drop to $14K, sparking debate among traders as BTC currently trades near $20K.
Read moreBitcoin Sees Uptober Rally as GameStop, FTX, and Steph Curry Make Waves in Crypto
Bitcoin closes its first green monthly candle since July, GameStop launches an NFT marketplace, FTX expands into the UAE, Steph Curry files for the 'Curryverse' trademark, and Coinbase supports Ripple in its SEC case.
Read moreBitcoin Shows Signs of Decoupling From Stock Markets Amid Crypto Resilience
Bitcoin is breaking away from its correlation with tech stocks, showing strength as long-term holders dig in despite market downturns.
Read moreBlockchain Association Backs Ripple in SEC Legal Battle
The Blockchain Association has announced its support for Ripple Labs in its ongoing legal case with the SEC, emphasizing the case's significance for the crypto industry's future.
Read moreCardano (ADA) Price Surges 3.27% to $0.4134 Amid Bullish Momentum
Cardano's ADA token shows strong bullish signs, rising 3.27% to $0.4134. Technical indicators suggest continued upward momentum, but caution is advised as the Stoch RSI enters overbought territory.
Read moreCelebrating 14 Years of Bitcoin's White Paper: A Trillion-Dollar Revolution
Marking the anniversary of Bitcoin's white paper, a milestone that sparked a trillion-dollar financial revolution.
Read moreCentralized Cryptocurrency Exchanges: Navigating Growth Amid Regulatory Uncertainty
Explore how centralized cryptocurrency exchanges have become essential to the crypto ecosystem, adapting to regulatory challenges while fostering growth for both retail and institutional traders.
Read moreChain (XCN) Sees 25% Price Surge in 24 Hours: Market Analysis
Chain (XCN) has experienced a significant price increase of 25.94% over the past 24 hours, with trading volume surging 292%. This summary explores the factors driving this surge and potential future price movements.
Read moreChainlink (LINK) Price Drops to $7.87 Amid Bearish Momentum
Chainlink's price has fallen to $7.87, down 3.32%, as bearish momentum takes hold. Technical indicators suggest further declines, but potential reversals loom.
Read moreCharles Hoskinson Pays Tribute to Late MakerDAO Co-Founder Nikolai Muchgian
Charles Hoskinson honors Nikolai Muchgian, co-founder of MakerDAO, while engaging with the crypto community on Twitter. Cardano's ADA sees minor fluctuations amid tributes.
Read moreChina's Digital Yuan Progress and Adoption Highlighted at Hong Kong Fintech Week
Chinese central bank governor Yi Gang discusses the advancements and growing adoption of the digital yuan, emphasizing privacy protection and its role in the nation's digital payment ecosystem.
Read moreCoinbase and Others File Amicus Briefs in Support of Ripple Against SEC
Coinbase, Crypto Council for Innovation, Valhil Capital, and John E. Deaton have filed Amicus Curiae briefs in support of Ripple in its ongoing lawsuit against the SEC, emphasizing the need for regulatory clarity and fair enforcement in the cryptocurrency industry.
Read moreCoinbase Backs Ripple in Ongoing SEC Legal Battle
Coinbase has filed an amicus brief in support of Ripple Labs in its high-stakes legal battle with the SEC, emphasizing the importance of fair notice in regulatory actions.
Read moreCoinbase Seeks to Support Ripple in Ongoing SEC Lawsuit
Coinbase joins the growing list of organizations filing amicus briefs in the SEC vs. Ripple Labs case, arguing for regulatory clarity in the crypto industry.
Read moreCrypto Market 2022: A Year of Turbulence and Resilience
Explore the key developments and challenges that defined the crypto market in 2022, a year marked by unprecedented turbulence and remarkable resilience.
Read moreCrypto Market Surpasses $1 Trillion Cap, Driven by Bitcoin and Altcoin Gains
The cryptocurrency market reached a significant milestone, surpassing $1 trillion in market capitalization. Bitcoin and altcoins contributed to this growth, with the market showing resilience amid positive trends in traditional markets.
Read moreCrypto Policy Influences Voter Decisions in 2022 Midterm Elections
A new survey reveals that crypto policy positions are influencing voter decisions in the 2022 midterm elections, with a significant portion of voters considering cryptocurrency regulations when choosing candidates.
Read moreD3gens Warns Aptos Community of Potential Rug Pull Scam Involving 1.5M APT Tokens
D3gens alerts the Aptos community about a potential rug pull scam by the NFT project AptosChimp, emphasizing the importance of vigilance against fraudulent activities in the blockchain space.
Read moreDAOs: Revolutionizing Governance with Decentralized Structures
Explore how DAOs are transforming governance across industries, overcoming challenges, and adopting innovative solutions like multisignature wallets.
Read moreDogecoin and Shiba Inu See Price Surge Amid Rumors of Twitter Integration
Dogecoin and Shiba Inu experience significant price gains following speculation about potential integration into Twitter, with Elon Musk hinting at a blockchain-based platform.
Read moreDogecoin Surges 140% in 7 Days, Outperforms Major Cryptocurrencies
Dogecoin's recent rally, driven by speculation about its integration into Twitter, has seen the meme coin outperform major cryptocurrencies like Cardano and Solana.
Read moreEl Salvador's Bitcoin Legalization Sparks Transparency Concerns
El Salvador's Bitcoin adoption faces scrutiny as BANDESAL denies information on BTC transactions, raising questions about transparency in the country's cryptocurrency strategy.
Read moreEl Salvador's Pro-Bitcoin President Condemns World's Monetary Authorities
President Nayib Bukele of El Salvador criticizes global monetary policies, advocating for Bitcoin as a solution to economic failures.
Read moreElon Musk Becomes Sole Director of Twitter Following Board Dissolution
Elon Musk has taken full control of Twitter, dissolving its former board of directors. This move follows the completion of his acquisition, as revealed in recent SEC filings.
Read moreElon Musk's Twitter Acquisition Drives 62% of Dogecoin Investors Into Profit
Discover how Elon Musk's Twitter acquisition has impacted Dogecoin investors, driving 62% into profit amid speculation about the meme token's future.
Read moreEthereum (ETH) Poised for Major Price Rally Against Bitcoin (BTC) in 2023
Ethereum's native token, Ether (ETH), is showing strong bullish signals against Bitcoin (BTC), driven by a classic 'cup-and-handle' technical pattern, hinting at a potential price surge in early 2023.
Read moreEthereum’s Top Non-Exchange Addresses Add 6.7% More ETH Amid Price Surge
Ethereum's top non-exchange addresses have significantly increased their ETH holdings, while exchange addresses show minimal growth. ETH's price has surged, reaching $1,591.87 with strong weekly gains.
Read moreFilecoin and Protocol Labs Launch Decentralized Storage Alliance to Accelerate Web3 Adoption
Filecoin partners with Protocol Labs and leading industry players to form the Decentralized Storage Alliance, aiming to facilitate Web2 enterprises' transition to Web3 through education and collaboration.
Read moreFTX Expands Services to UAE, Eyes Growth in MENA Region
FTX officially launches services in the UAE, becoming the first licensed crypto exchange in the region. The move strengthens FTX's global presence and aligns with the UAE's efforts to become a crypto hub.
Read moreFTX Launches Operations in UAE, Expanding Global Cryptocurrency Services
FTX becomes the first licensed cryptocurrency exchange in the UAE, offering crypto derivatives, NFT marketplaces, and institutional trading services in Dubai.
Read moreGameStop Expands NFT Marketplace with Immutable X Partnership
GameStop partners with Immutable X to offer eco-friendly NFTs and Web 3.0 games, enhancing its position in the digital gaming space.
Read moreGameStop Launches NFT Marketplace on ImmutableX, Boosting Web3 Presence
GameStop's NFT marketplace is now live on ImmutableX, marking a significant step in its Web3 strategy. The platform, developed in partnership with ImmutableX, aims to support creators and developers with a $100 million grant.
Read moreGlobal Internet Outage Strikes Europe, America, and Asia Due to Undersea Cable Cuts
A widespread internet outage affected multiple regions worldwide after undersea internet cables were cut, with experts pointing to potential vandalism as the cause.
Read moreHalloween-Themed Cryptocurrencies Flood the Market Amid Festive Hype
Explore the rise of Halloween-themed cryptocurrencies and their impact on the crypto market.
Read moreHong Kong SFC Introduces Regulatory Requirements for Crypto Futures ETFs
The Securities and Futures Commission of Hong Kong has established new guidelines for entities seeking to launch exchange-traded funds tied to cryptocurrency futures.
Read moreHuobi Global Denies Reports of Executive Resignations and Layoffs
Huobi Global refutes rumors of large-scale layoffs and executive resignations, clarifying its operational stability amid industry challenges.
Read moreIndia Calls for Global Collaboration on Crypto Regulation
Indian Finance Minister Nirmala Sitharaman urges international financial bodies to unite for crypto regulation, emphasizing the need for global cooperation.
Read moreIndia Launches Digital Rupee Pilot for Wholesale Segment
The Reserve Bank of India (RBI) has initiated a pilot program for its digital rupee (CBDC) targeting the wholesale segment, engaging major banks and planning a retail version soon.
Read moreMakerDAO Co-Founder Nikolai Mushegian Dies in Puerto Rico
Nikolai Mushegian, a key figure in the creation of MakerDAO and the Dai stablecoin, has tragically passed away in Puerto Rico. Learn more about the circumstances surrounding his death.
Read moreMichaël van de Poppe Predicts $1.2 Trillion Altcoin Market Cap
Crypto analyst Michaël van de Poppe forecasts a significant rise in altcoin market capitalization, predicting a potential growth to $1.2 trillion.
Read moreMoneyGram Expands Cryptocurrency Services Across the U.S.
MoneyGram now allows users in nearly all U.S. states to buy, sell, and hold Bitcoin, Ethereum, and Litecoin via its mobile app, with plans to expand its cryptocurrency offerings in 2023.
Read moreNavigating the Crypto Bear Market: Challenges and Insights for Investors
Explore the current state of the crypto market, the impact of the 2022 bear market, and strategies for investors navigating this challenging landscape.
Read moreNFT Infrastructure Sees $4.6 Billion Investment, Decentralized Catalogs Key to Mainstream Adoption
Venture capitalists have invested heavily in NFT infrastructure, but user adoption hinges on practical applications. Decentralized catalogs may hold the key to unlocking mainstream use of NFTs beyond speculation.
Read moreNikolai Mushegian, Balancer Labs Co-Founder, Dies in Puerto Rico
Nikolai Mushegian, co-founder of Balancer Labs and a prominent figure in the crypto industry, has reportedly passed away in Puerto Rico. His death has sparked widespread speculation due to a series of cryptic tweets he posted before his passing.
Read moreOctober Breaks Records as 'Hacktober' Sees $2.98 Billion in Crypto Theft
October 2022 has been dubbed 'Hacktober' as crypto exploits reach an all-time high, with $2.98 billion stolen, nearly double the total for 2021.
Read moreReserve Bank of India to Launch Digital Rupee Pilot on November 1
The Reserve Bank of India (RBI) announces the launch of a pilot Central Bank Digital Currency (CBDC) for wholesale transactions, with nine major banks participating. The digital rupee aims to enhance efficiency in government securities settlements and interbank markets.
Read moreSEC Enhances Cybersecurity Measures: Chairman Gary Gensler Outlines New Policies
SEC Chairman Gary Gensler announces new cybersecurity policies to protect investors and maintain financial stability. Learn about the key initiatives and their impact.
Read moreShiba Inu Lead Developer Focuses on Shibarium and Shiba Eternity Player's Guide
Shiba Inu's lead developer, Shytoshi Kusama, announces the upcoming release of the Shiba Eternity Player's Guide and shifts focus to Shibarium, offering exciting updates for the SHIBArmy.
Read moreSingapore's Retail CBDC Exploration: Key Insights from Project Orchid
The Monetary Authority of Singapore concludes the first phase of Project Orchid, exploring the potential for a retail central bank digital currency.
Read moreSouth African Grocery Giant Pick n Pay to Accept Crypto Payments
Pick n Pay, a leading grocery retailer in South Africa, has announced the integration of cryptocurrency payments at its tills, allowing customers to pay for goods using Bitcoin and other cryptos via their smartphones.
Read moreSouth Korea Advances Crypto Legislation to Protect Investors
South Korea is moving forward with legislation to safeguard crypto investors, introducing taxes and regulatory measures to enhance market oversight.
Read moreSouth Korea Introduces Stricter Crypto Regulations Following Terra Collapse
South Korean legislators are advancing new legislation to enhance investor protection in digital assets and impose tougher penalties for unfair trade practices in the crypto industry.
Read moreStellar (XLM) Price Dips, Dogecoin (DOGE) Surges Amid Crypto Market Fluctuations
Stellar (XLM) faces a price decline, while Dogecoin (DOGE) sees a significant surge. Explore the latest crypto market trends and key insights.
Read moreSteph Curry Eyes Metaverse Expansion with 'Curryverse' Trademark Filing
NBA superstar Steph Curry is set to launch his own Metaverse platform, 'Curryverse,' targeting the league's vast global fanbase. The trademark application, filed by SC30 Inc., aims to provide immersive entertainment experiences.
Read moreSynonym Launches Bitkit: A New Bitcoin Wallet Enhancing Web3 Adoption
Synonym introduces Bitkit, a user-friendly Bitcoin wallet designed to simplify BTC and Lightning Network transactions, fostering broader Web3 adoption.
Read moreTeam Finance Exploit: Hacker Returns $7 Million to Affected Projects
A hacker behind the $14.5 million Team Finance exploit has returned $7 million in tokens to affected projects, retaining 10% as a bounty.
Read moreTech Layoffs Surge Amid Inflation and Recession Fears, Boosting Web3 Startups
Explore how inflation and economic uncertainty are driving tech layoffs, benefiting early-stage Web3 companies and creating investment opportunities.
Read moreTerra Classic Gains Momentum: Can It Outperform Dogecoin and Shiba Inu?
Discover how Terra Classic (LUNC) is positioning itself to outperform meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) with strong fundamentals and real-world use cases.
Read moreTerrorist Groups Increasingly Turning to Cryptocurrency to Fund Activities
The United Nations warns that terrorist organizations are leveraging cryptocurrency to finance their operations, highlighting the growing challenge of combating illicit digital transactions.
Read moreThailand and Hungary Strengthen Fintech Ties with Blockchain MOU
Thailand and Hungary's fintech associations sign a bilateral agreement to promote blockchain adoption in their financial sectors.
Read moreThe Allure and Risks of Futures and Options Markets for Novice Traders
Explore why novice traders are drawn to futures and options markets and the potential pitfalls they face in pursuit of high returns.
Read moreThe Metaverse and the Future of Death: How Technology is Redefining Mourning
Explore how the metaverse is transforming traditional funeral practices, offering new ways to commemorate loved ones and even 'revive' the deceased in virtual environments.
Read moreTop 10 Tokens Traded by ETH Whales: Recent Market Trends
Discover the top 10 tokens purchased by the largest ETH whales, featuring YGG, SHIB, RNDR, and more, along with their recent price movements and market performance.
Read moreUK Advances Crypto Regulation with New Classification for Stablecoins
The UK's Financial Services and Markets Bill introduces a new category for stablecoins, signaling a significant step in crypto regulation under Prime Minister Rishi Sunak's leadership.
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