• BTC Dominance: %
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Bitcoin tourists exit the market, Peter Schiff’s bank closes down and Voyager to restructure: Hodler’s Digest, July 3-9

Jon Hartney by Jon Hartney
July 9, 2022
in Bitcoin, Blockchain, Business, Market
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.

Top Stories This Week

 

Related articles

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

 

Peter Schiffs bank closure strengthens Bitcoin case for financial freedom

Avid Bitcoin hater and gold peddler Peter Schiff saw his bank in Puerto Rico, Euro Pacific International Bank, shut down this week, with regulators pulling the plug on the grounds that the bank was not maintaining the net minimum capital requirements. Schiff noted that, as a result, accounts are frozen and customers may lose money. The crypto community on Twitter was quick to swoop in, with pseudonymous user HodlMagoo noting the priceless irony: Do you understand why you need bitcoin now?

 

Bitcoin tourists have been purged, only hodlers remain: Glassnode

According to Glassnodes The Week On-Chain report published on Monday, supposed market tourists have been completely purged from the BTC market, leaving only seasoned hodlers or investors transacting with the asset. The report also stated that shrimps those holding less than 1 BTC, and whales those with 1,000 to 5,000 BTC were increasing meaningfully.

 

Australia's crypto

Australias world-leading crypto laws are at the crossroads: The inside story

July 6, 2022

Cryptopia

Thailands Crypto Utopia 90% of a cult, without all the weird stuff

June 30, 2022

Old School Photographers

Old-school photographers grapple with NFTs: New world, new rules

June 23, 2022

Celsius

Risky business: Celsius crisis and the hated accredited investor laws

June 21, 2022

Soulbound Tokens

Soulbound Tokens: Social credit system or spark for global adoption?

June 16, 2022

 

Ethereum testnet Merge mostly successful Hiccups will not delay the Merge.

Ethereum developers completed the second-to-last Merge trial on the Sepolia public testnet this week. There was a minor hiccup, with 25-30% of validators going offline after the Merge due to wrong configs. However, devs such as Terence Tsao stated that hiccups will not delay the Merge. The final Merge trial on Goerli is slated to go through in the next few weeks, and it appears the official Ethereum Merge is on track for now.

 

Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan

On Tuesday, Voyager Digital filed for bankruptcy as part of a reorganization plan just days after the crypto exchange paused trading, withdrawals and deposits. Under the plan, Voyager is looking to make users whole again by offering a combination of Voyager tokens, crypto, proceeds from the Three Arrows Capital recovery, and common shares in the newly reorganized company.

 

The bottom is in: CNBCs Jim Cramer says crypto has no real value

The crypto community on Twitter has joked that the crypto bottom is in after Jim Cramer predicted that the market will plunge further, saying that crypto has no real value. Cramer has developed a reputation in the crypto community for giving stock/crypto tips that generally end up being at odds with how the market behaves. How many companies can Sam Bankman-Fried save? he said.

 

 

 

 

 

Winners and Losers

 

At the end of the week, Bitcoin (BTC) is at $21,804.19, Ether (ETH) at $1,239.99 and XRP at $0.35. The total market cap is at $960.9 billion, according to CoinMarketCap.

Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are Curve DAO Token (CRV) at 49.12%, Convex Finance (CVX) at 41.45% and THORChain (RUNE) at 25.95%.

The top three altcoin losers of the week are Amp (AMP) at 8.52%, KuCoin Token (KCS) at 7.17% and UNUS SED LEO (LEO) at 5.98%.

For more info on crypto prices, make sure to read Cointelegraphs market analysis.

 

 

Australia's crypto

Australias world-leading crypto laws are at the crossroads: The inside story

July 6, 2022

Cryptopia

Thailands Crypto Utopia 90% of a cult, without all the weird stuff

June 30, 2022

Old School Photographers

Old-school photographers grapple with NFTs: New world, new rules

June 23, 2022

Celsius

Risky business: Celsius crisis and the hated accredited investor laws

June 21, 2022

Soulbound Tokens

Soulbound Tokens: Social credit system or spark for global adoption?

June 16, 2022

 

 

Most Memorable Quotations

 

Celsius has refused to acknowledge the truth or their failures in risk management and accounting.

Jason Stone, CEO and founder of KeyFi

 

In the future, we see blockchain as one way to bring more empowerment and independence to communities on Reddit.

Reddit, social media platform

 

Theres a lot of peripherals that are just not getting tested and thats unavoidable and probably fine.

Vitalik Buterin, co-founder of Ethereum

 

Crypto really does seem to be imploding. Went from $3 trillion to $1 trillion. Why should it stop at $1 trillion? Theres no real value there.

Jim Cramer, host of CNBCs Mad Money

 

We need now to bring in the regulatory system that will manage those risks in the crypto world in the same way that we manage them in the conventional world.

Jon Cunliffe, deputy governor for financial stability at the Bank of England

 

The Bitcoin network is approaching a state where almost all speculative entities, and market tourists have been completely purged from the asset.

Glassnode, blockchain analytics firm

 

Prediction of the Week

 

Bloomberg analyst tips bullish BTC recovery in next six months

Bloombergs senior commodity strategist, Mike McGlone, has predicted that BTC could be due for one of the greatest bull markets in history during the second half of 2022, arguing that the bottom is in and the floodgates could be primed to slam open. He cited the market activity in the first half of 2022 as being similar to the bottom of the bear market in 2018, which then went on to surge in the first six months of 2019.

 

 

FUD of the Week

PennyWise crypto-stealing malware spreads through YouTube

According to cyber intelligence company Cyble, a new strain of crypto malware is being spread via YouTube. The malware, named PennyWise, tricks users into downloading software thats able to siphon data from more than 30 crypto wallets and crypto-browser extensions. PennyWise can also take screenshots and steal sessions from chat applications such as Discord and Telegram.

 

Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?

On Friday, it was reported that Celsius had transferred nearly 25,000 Wrapped Bitcoin (WBTC) worth $528.9 million to the FTX crypto exchange. The move has raised concerns that a dump could soon follow, resulting in a potential plunge in the price of BTC.

 

Bombshell allegations of fraud as KeyFi takes Celsius to court

KeyFi, an investment firm that previously managed $2 billion worth of Celsius assets, has filed a lawsuit against the troubled lending company over an alleged failure to honor a profit-sharing agreement worth millions of dollars. KeyFi has accused Celsius of refusing to honor a handshake agreement that would see it take home certain percentages of the profits it made on Celsius behalf via staking and DeFi strategies.

 

 

Best Cointelegraph Features

Bear market? So what, says World Chess Champion Garry Kasparov

Cointelegraph sat down with Chess Grandmaster Garry Kasparov at Consensus 2022 to get his thoughts on the crypto and NFT market.

How the Metaverse can revolutionize the fashion industry

By amalgamating the world of fashion with the Metaverse, brands and their clients stand to benefit a lot.

What does a bear-market cleanse actually mean?

The latest bear market should send a clear signal to projects: Its all about finding a problem that needs to be solved, and actually using your product to solve it.

 

The best of blockchain, every Tuesday

Subscribe for thoughtful explorations and leisurely reads from Magazine.

By subscribing you agree to our Terms of Service and Privacy Policy

 

 

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Bitcoin derivatives data shows room for BTC price to move higher this week

by Jon Hartney
January 23, 2023
0

BTC options data suggest that the Bitcoin price rally still has legs, even with wider economic concerns growing and the

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

by Jon Hartney
January 22, 2023
0

BTC could take a break from its sharp rally and if BTC price bounces off underlying support, APE, MANA, AAVE...

Genesis bankruptcy case scheduled for first hearing

by Jon Hartney
January 22, 2023
0

The first hearing in Genesis Capital's bankruptcy case will be held on January 23, according to court filings

Terra lending protocol Mars to launch mainnet

by Jon Hartney
January 22, 2023
0

The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during...

Central African Republic eyes legal framework for crypto adoption

by Jon Hartney
January 22, 2023
0

A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in

Load More
  • Trending
  • Comments
  • Latest

Ethereum Classic gets ‘endorsement’ from Vitalik Buterin, but ETC price still risks 50% crash

July 27, 2022

Critique on Helium’s $6.5K monthly revenue causes a stir

July 28, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022

Cardano Vasil hard fork hit with another delay for several weeks

July 29, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0

Crypto owners banned from working on US Government crypto policies

0

Korean startup Uprise lost $20M shorting LUNC

0

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

Genesis bankruptcy case scheduled for first hearing

January 22, 2023

Terra lending protocol Mars to launch mainnet

January 22, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Bitcoin derivatives data shows room for BTC price to move higher this week January 23, 2023
  • Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher January 22, 2023
  • Genesis bankruptcy case scheduled for first hearing January 22, 2023
  • Terra lending protocol Mars to launch mainnet January 22, 2023
  • Central African Republic eyes legal framework for crypto adoption January 22, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$22,492.00-3.31%
  • ethereumEthereum(ETH)$1,615.73-3.83%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$319.38-3.80%
  • usd-coinUSD Coin(USDC)$1.000.07%
  • rippleXRP(XRP)$0.390384-2.58%
  • Binance USDBinance USD(BUSD)$1.000.03%
  • cardanoCardano(ADA)$0.380729-4.45%
  • dogecoinDogecoin(DOGE)$0.086315-6.71%
  • matic-networkPolygon(MATIC)$1.24-2.93%
  • OKBOKB(OKB)$42.21-7.62%
  • SolanaSolana(SOL)$22.27-6.77%
  • Lido Staked EtherLido Staked Ether(STETH)$1,612.81-3.85%
  • polkadotPolkadot(DOT)$6.54-5.69%
  • Shiba InuShiba Inu(SHIB)$0.000013-8.60%
  • litecoinLitecoin(LTC)$95.58-5.93%
  • AvalancheAvalanche(AVAX)$19.20-7.43%
  • tronTRON(TRX)$0.064563-2.26%
  • daiDai(DAI)$1.00-0.21%
  • UniswapUniswap(UNI)$6.54-6.09%
  • cosmosCosmos Hub(ATOM)$14.55-3.30%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$22,475.00-3.25%
  • chainlinkChainlink(LINK)$6.91-4.03%
  • ToncoinToncoin(TON)$2.26-4.94%
  • leo-tokenLEO Token(LEO)$3.36-0.11%
  • ethereum-classicEthereum Classic(ETC)$21.74-5.92%
  • moneroMonero(XMR)$162.65-3.11%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.09%
  • bitcoin-cashBitcoin Cash(BCH)$127.88-5.71%
  • stellarStellar(XLM)$0.088340-3.95%
  • AptosAptos(APT)$14.22-12.46%
  • Lido DAOLido DAO(LDO)$2.60-0.70%
  • NEAR ProtocolNEAR Protocol(NEAR)$2.47-0.93%
  • CronosCronos(CRO)$0.081016-3.31%
  • ApeCoinApeCoin(APE)$5.50-8.65%
  • QuantQuant(QNT)$134.94-5.23%
  • filecoinFilecoin(FIL)$5.13-7.57%
  • algorandAlgorand(ALGO)$0.269625-4.11%
  • HederaHedera(HBAR)$0.070681-4.66%
  • vechainVeChain(VET)$0.024564-7.07%
  • Internet ComputerInternet Computer(ICP)$5.46-6.95%
  • The GraphThe Graph(GRT)$0.166885-18.04%
  • The SandboxThe Sandbox(SAND)$0.78-11.96%
  • FantomFantom(FTM)$0.491383-15.30%
  • decentralandDecentraland(MANA)$0.73-8.70%
  • Axie InfinityAxie Infinity(AXS)$11.30-2.97%
  • AaveAave(AAVE)$82.65-6.76%
  • eosEOS(EOS)$1.05-5.89%
  • MultiversXMultiversX(EGLD)$44.11-7.80%
  • FlowFlow(FLOW)$1.06-13.02%
  • theta-tokenTheta Network(THETA)$1.09-8.21%
  • tezosTezos(XTZ)$1.17-5.22%
  • FraxFrax(FRAX)$1.00-0.05%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.000172-7.12%
  • paxos-standardPax Dollar(USDP)$1.000.83%
  • true-usdTrueUSD(TUSD)$1.00-0.12%
  • Frax ShareFrax Share(FXS)$12.21-3.80%
  • Rocket PoolRocket Pool(RPL)$44.725.15%
  • huobi-tokenHuobi(HT)$5.21-8.49%
  • kucoin-sharesKuCoin(KCS)$8.38-4.52%
  • bitcoin-cash-svBitcoin SV(BSV)$41.84-3.98%
  • havvenSynthetix Network(SNX)$2.56-11.60%
  • ChilizChiliz(CHZ)$0.147927-11.03%
  • Curve DAOCurve DAO(CRV)$1.04-7.17%
  • ImmutableXImmutableX(IMX)$0.95-17.63%
  • PancakeSwapPancakeSwap(CAKE)$4.49-1.85%
  • USDDUSDD(USDD)$0.99-0.11%
  • BitTorrentBitTorrent(BTT)$0.000001-3.01%
  • eCasheCash(XEC)$0.000036-6.59%
  • dashDash(DASH)$61.14-7.59%
  • BitDAOBitDAO(BIT)$0.58-3.42%
  • makerMaker(MKR)$745.57-8.15%
  • iotaIOTA(MIOTA)$0.235130-6.74%
  • Mina ProtocolMina Protocol(MINA)$0.76-12.87%
  • GateGate(GT)$4.30-3.72%
  • KlaytnKlaytn(KLAY)$0.200617-7.10%
  • neoNEO(NEO)$8.78-4.49%
  • Trust WalletTrust Wallet(TWT)$1.48-7.02%
  • OsmosisOsmosis(OSMO)$1.08-2.54%
  • gemini-dollarGemini Dollar(GUSD)$1.00-0.15%
  • cUSDCcUSDC(CUSDC)$0.022440-1.28%
  • OKCOKC(OKT)$31.31-2.39%
  • ArweaveArweave(AR)$11.09-14.43%
  • OptimismOptimism(OP)$2.57-16.68%
  • zcashZcash(ZEC)$43.09-7.50%
  • cDAIcDAI(CDAI)$0.021800-1.56%
  • THORChainTHORChain(RUNE)$1.79-8.34%
  • Tokenize XchangeTokenize Xchange(TKX)$6.73-1.49%
  • GMXGMX(GMX)$62.97-11.08%
  • Baby Doge CoinBaby Doge Coin(BABYDOGE)$0.000000-5.49%
  • singularitynetSingularityNET(AGIX)$0.427181-32.99%
  • RadixRadix(XRD)$0.050060-0.72%
  • PAX GoldPAX Gold(PAXG)$1,866.320.25%
  • RenderRender(RNDR)$1.60-24.47%
  • enjincoinEnjin Coin(ENJ)$0.473258-8.53%
  • cETHcETH(CETH)$32.94-2.24%
  • zilliqaZilliqa(ZIL)$0.028884-6.69%
  • Tether GoldTether Gold(XAUT)$1,867.44-0.85%
  • Fetch.aiFetch.ai(FET)$0.439217-24.48%