Bitcoin price loses K, ETH price drops 8% after ‘monumental’ Ethereum Merge

Bitcoin price loses $20K, ETH price drops 8% after ‘monumental’ Ethereum Merge

Bitcoin (BTC) spent a second day threatening $20,000 support on Sep. 15 as markets processed the Ethereum (ETH) Merge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC stuck between price magnets’ Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking below $20,000 again overnight to recover marginally above the…

Ethereum traders shorted ETH price in record numbers during the Merge — 50% crash ahead?

Ethereum traders shorted ETH price in record numbers during the Merge — 50% crash ahead?

Ethereum successfully completed its long-awaited transition to proof-of-stake via “the Merge” on Sep. 15, while traders have been increasingly shorting Ether (ETH) in anticipation of a sell-the-news event.   Ethereum funding rate plumme Ether’s futures funding rates across leading derivatives platforms dropped below zero—to their worst levels to date—before the Merge….

Thai SEC intends to ban crypto lending in the country

Thai SEC intends to ban crypto lending in the country

The Securities and Exchange Commission (SEC) of Thailand is preparing to take radical measures in the aftermath of crypto lending platforms’ crashes experienced in Summer 2022. Thai SEC plans to prohibit crypto platforms from providing or supporting digital asset depository services.  The announcement, published on the official webpage on Sept….

Community celebrates the Merge by dropping ETH-inspired art and music

Community celebrates the Merge by dropping ETH-inspired art and music

As the Merge successfully shifted the Ethereum network to proof-of-stake (PoS), the ETH community seized the opportunity to celebrate by dropping artworks and music inspired by Ethereum.  Nonfungible token (NFT) artist Beeple, the creator of one of the most expensive NFTs ever sold, celebrated the Ethereum Merge by publishing an…

Historic day for crypto as Ethereum Merge to proof-of-stake occurs

Historic day for crypto as Ethereum Merge to proof-of-stake occurs

The Ethereum Merge has officially taken place, marking the full transition of the network to proof-of-stake (PoS).  On Sept. 15 at 06:42:42 UTC at block 15537393, the long-awaited Merge saw the merging of the Ethereum Mainnet execution layer and the Beacon Chain’s consensus layer at the Terminal Total Difficulty of…

The importance of accessibility and community education

The importance of accessibility and community education

With many younger investors getting into blockchain and cryptocurrencies through various advertisements on the internet, the importance of education in the space becomes more obvious, according to a panel discussion at the CV Summit 2022.  Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel discussion titled “Tokenized Finances, Security Tokens, and the…

Want to keep exchanges like Celsius from seizing your money? Be a ‘custody client’

Want to keep exchanges like Celsius from seizing your money? Be a ‘custody client’

Disgraced cryptocurrency lender Celsius Network asked a court this month to return assets to its “custody clients,” but not to its “earn-and-borrow” customers. Wondering how to keep yourself in the former group when the crypto exchange you’re using goes under? Here’s a summary. What exactly is a “custody client?” It’s…

Blockchain oracle network XY Labs’ shares start trading at SEC-registered platform

Blockchain oracle network XY Labs’ shares start trading at SEC-registered platform

A blockchain firm founded in 2012 is making its shares available for trading on a blockchain-based alternative trading platform for capital markets.  XY Labs, the blockchain company behind the XYO protocol, has announced that its Class A Common stock started trading on tZERO ATS, the alternative trading system subsidiary of…