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Bitfinex LEO Token has been rallying in the past week, as U.S. authorities allegedly captured the bad actors that took over 100,000 BTC from the platform back in 2016. LEO was created as a utility token as part of a mechanism to compensate the victims of the attack and repaid
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Bitcoin (BTC) created resistance at $37,500 on Friday amid an increasing consensus that a new dive was underway. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFunding signals dip expectationsData from Cointelegraph Markets Pro and TradingView revealed $37,500 as the ceiling which capped price action overnight into Friday.BTC/USD had recovered from a trip to
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The slight recovery in the crypto markets this week all but retracted as major cryptocurrencies dipped up to 7% in the past 24 hours amid a hawkish U.S. Federal Reserve (Fed) outlook to cut back on inflation.In a Wednesday meeting, Fed Chairman Jerome Powell said the agency was ready to
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Bitcoin (BTC) bulls took another beating on Dec. 17 as a midday onslaught dropped the price to $45,500. The price did manage a quick bounce back to $47,000 but sweeping a new daily low could be a sign that additional downside is in store.Amid the wider market downturn, several altcoins
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Data shows Bitcoin open interest has remained high despite the dramatic sell-off that occurred a few days back due to fud from the new COVID variant. Bitcoin Open Interest Remains High Following The Sell-Off As per the latest weekly report from Arcane Research, the BTC open interest hasn’t fallen much in the
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The South China Morning Post (SCMP) has released a white paper detailing its new non-fungible token (NFT) metadata standard called Artifact. The standard will be used to mint historical NFTs, including the SCMP’s own inaugural NFT collection.The SCMP said that Artifact’s metadata structure will be built on the Flow blockchain
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Rapper Post Malone is the latest celebrity to move into nonfungible tokens (NFT) by promoting a major NFT project and a cryptocurrency firm.In his latest collaboration with The Weeknd, a music video for “One Right Now,” Malone purchased an NFT from Bored Ape Yacht Club (BAYC), one of the world’s biggest
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GameStop is looking to build an Ethereum-based Web3 arm, according to a job listing posted by the company nine hours ago.The retailer said it’s looking for someone with “experience with Ethereum, NFTs [non-fungible tokens], and blockchain based gaming platforms” for its “Head of Web3 Gaming” role.The job post outlines a
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U.K. Post Office’s Easyid app is adding the option to buy bitcoin starting this week. Through the free-to-use Post Office app, customers can access Swarm Markets, a regulated crypto exchange, to buy bitcoin and ethereum. Buy Bitcoin and Ether Using Post Office App The U.K. Post Office is introducing an option to
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Bitcoin adoption is indeed ramping up in recent months. From retail outlets announcing users can checkout using their bitcoins to El Salvador officially accepting bitcoin as a legal tender, there is no doubt that bitcoin is headed for mainstream adoption. Coming hot on the heels of recent news of adoption
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