The bear market has been tough on investors — but it's also been difficult for hard-working professionals who keep crypto businesses running. Some of the biggest names in the industry have announced layoffs in recent months — OpenSea, Crypto.com and Coinbase among them. In some cases, people who had accepted new roles saw job offers rescinded. But could the crypto winter be the hottest time to hire new talent? That's the topic of Cointelegraph's latest live ask-me-anything session with CoinsPaid. Our very own Rachel Wolfson is joined by the crypto payment ecosystem's co-founder and CEO, Max Krupyshev, to discuss how …

The price of Quant Network (QNT) eyes a sharp reversal after an impressive 450% rally in the past four months. QNT's downside outlook takes cues from a flurry of technical and on-chain indicators, all suggesting that investors who backed its price rally have likely reached the point of exhaustion. Here are three reasons why it could be happening. Quant's daily active addresses drop Interestingly, the period of QNT's massive uptrend coincided with similar upticks in its number of daily active addresses (DAA). This metric represents the number of unique addresses active on the network as a sender or receiver. As …

Germany has become the most favorable crypto economy in the world in the third quarter of 2022, according to a new report. The United States, the joint top-rank holder from last quarter, fell six places to rank seventh on the top crypto economy. The crypto economy rankings compiled by Coincub looked into various factors such as favorable crypto outlook, clear crypto tax rules, more transparent regulatory communications and more to rank countries. Germany although not a tax haven, is considered one of the strongest all-around ‘traditional-tax’ crypto economies that reward long-term crypto holders. German law charges zero tax on crypto …

Time waits for no one and financial markets are no exception. Especially in the uncharted territory of cryptocurrency trading, keeping up with the fast-paced changes in prices is key to success. A plethora of cryptocurrencies, a few viable trading strategies and numerous tools accessible to new traders may all cause confusion. Fortunately, technology has made it possible to automate several trading processes, including market analysis, predicting trends and order execution. This frees up more time for strategic planning and establishing a solid foundation for long-term cryptocurrency trading success. What is automated crypto trading? Automated crypto trading, sometimes called automated cryptocurrency …

21Shares, a major global provider of cryptocurrency exchange trading products (ETP), is debuting a physical Bitcoin (BTC) ETP in the United Arab Emirates. The new 21Shares Bitcoin ETP has started trading on the international financial exchange Nasdaq Dubai under the ticker ABTC, the firm announced on Oct. 12. The newly launched crypto product is physically backed, which means that it’s fully collateralized by the underlying Bitcoin assets they track with 1:1 leverage, 21Shares co-founder and CEO Hany Rashwan told Cointelegraph. The ETP’s underlying crypto assets are deposited in an offline wallet to ensure better security, he noted. 21Shares’ expansion into …

The United States Securities and Exchange Commission, or SEC, has disapproved of a rule change which would allow exchange-traded fund provider WisdomTree to list and trade shares of a Bitcoin ETF. According to an Oct. 11 filing, the SEC rejected a proposed rule change which would have allowed WisdomTree to list and trade shares of its Bitcoin BTC Trust on the Cboe BZX Exchange after several delays due to extensions and comment periods. WisdomTree first filed the spot Bitcoin ETF application on Jan. 25 with publication in the federal register on Feb. 14. The SEC said any rule change in …

Binance and tech investor Sequoia Capital are reportedly still backing Tesla CEO Elon Musk’s $44 billion takeover bid of social media platform Twitter. Sequoia Capital already committed $800 million to the deal back in April before Musk subsequently got cold feet. According to an unnamed source familiar with the matter, the firm will keep that capital allocation to support the deal now that the deal is reportedly back this month. Binance has also indicated that it will carry on with its contribution of $500 million, with a representative telling Cointelegraph that “we're still committed and nothing new to share at …

A nonfungible token (NFT) purchased for 188 Ethereum (ETH) at a cost of $623,000 in 2021 by American YouTuber Logan Paul saw a dramatic loss in value to only $10 by the end of September, but has seen a small bump in its price after it trended on social media. Paul's loss of over $600,000 on his 0N1 Force K4M-1 #03 NFT has been public knowledge for months, but after the YouTuber shared a post on his Snapchat on Sept. 27 talking about it, several Twitter users picked up the story resulting in more attention for the NFT. Now, the …

Veteran investor Paul Tudor Jones said he still has a “very minor allocation” to Bitcoin amid the price volatility, citing economic patterns since the 1970s in his reasons for hodling. In an Oct. 10 interview on CNBC, Jones said he thought cryptocurrencies like Bitcoin BTC “will have value” at some point in the future higher than the current price of $19,236. The hedge fund manager with a reported net worth of roughly $7.5 billion said monetary policy in the 2020s could be focused on “debt dynamics country-by-country”, with fiscal retrenchment or higher-term premiums in bond markets and stock markets. “I’ve …

Launched in July 2020, Yearn.finance has emerged as one of the major players in the emerging decentralized finance (DeFi) space that provides services such as staking, lending aggregation and yield generation on the Ethereum blockchain. Boasting the most user-friendly crypto trading services that are being meted out autonomously, the project uses its native ERC-20 Yearn Finance (YFI) cryptocurrency to incentivize those who lock their crypto tokens in Yearn.finance contracts through any of the supported platforms such as Balancer and Curve DeFi. With all of its protocols operating on the Ethereum blockchain, Yearn.finance is managed through developers that act in accordance …

Many security price forecasters use technical analysis, sometimes referred to as charting. However, they opt to reject the efficient markets hypothesis (EMH) altogether. The efficient markets hypothesis (EMH), also called the Random Walk Theory, is the idea that current securities prices accurately reflect the information about the firm’s value. Therefore, it is impossible to make excess profits using this information, or gains that are greater than the overall market. On the contrary, technical analysis disregards the EMH and is only interested in the price and volume behavior of the market as a basis for price prediction. A technical analysis pattern …

Institutional interest in cryptocurrencies is rising as the industry continues to mature. And now, a long-established exchange has announced that it's launching a dedicated service to cater to this growing market — as well as high net worth individuals. Coinhako says trading volumes among institutional investors have surged on its platform — and in the first six months of 2022, they were 300% higher than the same period last year. Despite the volatility that has engulfed cryptocurrencies and equities alike over the summer, the company has also seen a 50% increase in average trade amounts. Coinhako Treasures will aim to …