If the past trends of Bitcoin are to be considered, then Bitcoin easily trending upwards and is due for the $32.8k mark in the market. The crypto market is undoubtedly suffering from the bear market, as many altcoins have been affected, including the unprecedented tanking of the UST stable coin associated with Terra (LUNA). Cointelegraph
Month: June 2022
Bitcoin (BTC) has made a tentative start to the month of June, suggesting that bears have not gone into hibernation just yet. Although Bitcoin is trading nearly 55% off its all-time high of $69,000, whales and institutions remain cautious and have not jumped into the market with gusto, according to BlockTrends analyst Caue Oliveira. According
Anti-crypto technology experts urged United States lawmakers to resist the influence of pro-crypto lobbying efforts. Bruce Schneier, a lecturer at Harvard, reportedly said that blockchain advocates’s claims are “not true.” He added that the technology is not secure and not really decentralized. According to Schneier, systems where you can “lose your life savings” when you
The recovery plan for LUNA, which is tagged LUNA 2.0, doesn’t seem to be very promising on its first day of launch. When Do Kwon announced the recovery plan for LUNA, which kickstarted on May 27, 2022, it was met with mixed reactions from various sectors of the cryptocurrency industry. The recovery plan started with
Bitcoin (BTC) faces a “cycle bottom” this year in which it could drop over 50% from current levels, research claims. In a Twitter thread on June 1, Venturefounder, a contributor at on-chain analytics platform CryptoQuant, forecasted 2022 as Bitcoin’s year to “capitulate.” Bitcoin now has “best 3-year ROI ever” Based on historical patterns involving Bitcoin’s halving
The Ether (ETH) to U.S. dollar (USD) pair has pulled the biggest number of traders from January to March 2022, according to trading platform Capital.com. In its quarterly report, Capital.com noted that in 2021, the most significant number of traders was held by the Dogecoin (DOGE) to USD pair. However, the ETH/USD pair has taken
Capital Union, a Bahamas-based bank that reportedly holds a portion of reserves by the Tether (USDT) stablecoin issuer, has been itself actively involved in the cryptocurrency industry. The banking institution has rolled out crypto trading and custody services to its professional clients as part of the bank’s trading desk, a spokesperson for Capital Union told
On Tuesday, the United States Federal Reserve released a study on the possible effects of a retail central bank digital currency (CBDC) on U.S. monetary policy implementation. The study, dated April, was a staff working paper titled “Retail CBDC and U.S. Monetary Policy Implementation: A Stylized Balance Sheet Analysis.” The paper considered four scenarios that
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Diablo Immortal, The Quarry, and Sonic Origins are all set to release in June 2022, along with a host of other titles arriving over the course of the month. The summer holidays are nearly over, but if you’re looking for a new title to settle down with once the monsoon season arrives, there’s a lot
Meta Platforms on Wednesday compared searches by EU antitrust regulators to a fishing super trawler as they investigate the owner of Facebook’s data and online marketplace. Meta says it has already handed over more than a million documents to the European Commission since its first request in 2019 regarding its Facebook Marketplace, social networking and
In this article BTC.CM= Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance, the world’s largest cryptocurrency exchange, is launching its own venture capital fund. The company’s venture arm, Binance Labs, said Wednesday it has raised $500 million for
Samsung gained the top spot in the Indian tablet market even as the whole segment in the first quarter of 2022, as per a new report. The South Korean tech giant is said to have secured a 40 percent market share. The new report suggests that Samsung has not just dominated the other Android tablet
A patent filing suggests that Apple wanted to put a camera inside the Apple Watch’s Digital Crown located on the right edge of the wearable. This was among several proposed solutions that were put front to fit a camera lens on the smartwatch. The Cupertino-based company already offers a slew of health and fitness-related features
Meta Platforms said on Tuesday its Class A common stock will begin trading on the Nasdaq under the ticker symbol ‘META’ prior to market open on June 9, replacing its current ticker symbol ‘FB’. The company changed its name from Facebook to Meta Platform in October last year in a rebrand that focuses on building
An advanced persistent threat (APT) actor aligned with Chinese state interests has been observed weaponizing the new zero-day flaw in Microsoft Office to achieve code execution on affected systems. “TA413 CN APT spotted [in-the-wild] exploiting the Follina zero-day using URLs to deliver ZIP archives which contain Word Documents that use the technique,” enterprise security firm