Cointelegraph Magazine

A decentralized future for fans and Hollywood – Cointelegraph Magazine

The traditional film industry is one of the most centralized and traditional of them all. Just a handful of movie studios and streaming conglomerates control the lion’s share of the global film market. But nonfungible tokens (NFTs) and a growing crypto-centric community of enthusiastic filmmakers might just disrupt the industry. Some independent projects offer a glimpse into Web3 filmmaking, while others provide …

Continue Reading
Bitcoin

Bitcoin Price Lacks Momentum, Why BTC Could Drop 5%

Bitcoin is struggling to climb above the $24,000 resistance zone against the US Dollar. BTC is declining and might continue to move down towards the $22,000 support. Bitcoin is showing bearish signs below the $23,500 level. The price is now trading below the $23,200 level and the 100 hourly simple moving average. There is a major bearish trend line forming …

Continue Reading
Cointelegraph Magazine

How much enforcement is too much? – Cointelegraph Magazine

Many blockchain companies now believe that regulation is inevitable, but there’s a growing debate over where to draw the line between protecting users and strangling the lifeblood out of the industry — or forcing it outside the United States. “Whether we like it or not, regulation is coming,” Sheila Warren of the Crypto Council for Innovation tells me during an interview …

Continue Reading
The US technology bill would establish a blockchain adviser job for the Biden administration

The US technology bill would establish a blockchain adviser job for the Biden administration

A new piece of legislation that would establish the post of a blockchain adviser to the US government has blockchain aficionados excited. The CHIPS and Science Act, as it is known in Congress, passed by a vote of 243-147 on Thursday. All that remains is President Joe Biden’s signature, with analysts believing that the following step will be a formality. …

Continue Reading
Bitcoin

Bitcoin Price Gains Momentum, Why The Bulls Could Aim $25K

Bitcoin started a fresh increase above the $23,000 resistance zone against the US Dollar. BTC might continue to rise towards the $25,000 resistance zone. Bitcoin started a fresh increase and climbed above the $23,000 resistance. The price is now trading above the $23,000 level and the 100 hourly simple moving average. There is a short-term contracting triangle forming with resistance …

Continue Reading
Cointelegraph Magazine

Influencing behavior, making money – Cointelegraph Magazine

Economics is the study of human behavior involving scarce resources — and the effects those behaviors have on those resources, explains Roderick McKinley. Tokenomics in crypto is a related but different field. Tokens are a way for projects to raise funds and build communities, and designing the way they work can be much more complex than traditional equity raises — …

Continue Reading
Ethereum

Ethereum Recovery Faces Major Hurdle, Risk of Fresh Decline Exits

Ethereum declined towards $1,350 before recovering higher against the US Dollar. ETH is now facing a major resistance near the $1,460 and $1,500 levels. Ethereum extended losses and traded below the $1,400 level. The price is now trading below $1,460 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,440 on …

Continue Reading
The CEO of a fake cryptocurrency startup, Titanium Blockchain, has pleaded guilty to securities fraud

The CEO of a fake cryptocurrency startup, Titanium Blockchain, has pleaded guilty to securities fraud

A press release from the US Department of Justice (DoJ) on Monday said that Michael Alan Stollery, CEO of Titanium Blockchain Infrastructure Services, has pleaded guilty to security fraud. In 2018, he and his company used a scam to get $21 million from investors in an initial coin offering (ICO). JUST IN: Titanium Blockchain CEO Michael Stollery pleads guilty to …

Continue Reading