We’re into the MLB playoffs, but the biggest sports and crypto headlines over the past week weren’t baseball-related (although yes, the MLB does have an NFT deal with growing sports platform Candy Digital). Nonetheless, we had a couple of headlines and topics of discussion around Formula 1 and European soccer to keep things fresh. Let’s take a look at the …
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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Starting in early 2023, Coinbase’s payment service, Coinbase Commerce, will facilitate crypto payments for customers …
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Ethereum spiked lower after the US CPI release against the US Dollar. ETH dived to $1,200 before it started a sharp increase and surpassed $1,300. Ethereum trimmed all losses and climbed back above the $1,300 resistance zone. The price is now trading above $1,300 and the 100 hourly simple moving average. There was a break above a major bearish trend …
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Crypto is currently languishing like the internet did in 1996 with slow speeds and few practical use cases, says Steve Newcomb, chief product officer of Matter Labs. But a major increase in bandwidth and security soon after saw the internet become a crucial part of daily life across the globe — and we’re right on the cusp of that happening …
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Bitcoin price is struggling below the $19,200 support against the US Dollar. BTC remains at a risk of more losses below the $18,500 support in the near term. Bitcoin is showing bearish signs below the $19,200 and $19,500 levels. The price is trading below above $19,500 and the 100 hourly simple moving average. There is a key bearish trend line …
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The SEC is shifting it’s sights towards NFTs, according to emerging reports hitting the wire on Tuesday. The U.S. regulator is apparently looking into whether to deem NFTs as securities and is exploring whether or not the sale of the NFTs violates federal law, including a specific look into Yuga Labs’ ApeCoin distribution. Let’s review what we know in the …
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Hackers strike again this week, this time at the expense of an available exploit within Temple DAO’s code. Temple’s “STAX Finance” protocol, which provided a liquidity pool of TEMPLE and FRAX tokens was exploited early Tuesday, resulting in $2.3M worth of tokens seized by the hacker. Let’s look at what we know in the early hours of the exploit. Down …
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Ethereum declined below the $1,300 support against the US Dollar. ETH is showing bearish signs and there is a risk of a more losses towards $1,200 or even $1,150. Ethereum started a fresh decline below the $1,350 and $1,320 support levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There is a key bearish …
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A new Ethereum-based token is burning ETH at a rapid clip and has diluted in price just as quickly – but all by design. The XEN token has accounted for nearly half of Ethereum gas in a 24-hour window in recent days. What is it, and where did it come from? Let’s take a brief look at the XEN mechanism, …
Continue ReadingWe’re back with The Sports Slice to take a bite into all things sports and crypto. Some of the latest headlines over the past week include the upcoming launch of LaLiga’s new NFT platform, a college quarterback’s new NFT NIL deal, and a crypto jersey patch deal cut unexpectedly short. Let’s dive into all of the past week’s crypto and …
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