Sell the news? ADA price drops 10% following Cardano’s long-awaited smart contracts rollout

The price of Cardano (ADA) fell on Monday in line with the other top cryptocurrencies despite the completion of its hard fork upgrade dubbed “Alonzo,” which introduced smart contract functionality. The ADA/USD exchange rate dropped 10.67% to reach its intraday low of $2.30, partly due to profit-taking sentiment among traders following the pair’s 1,200%-plus price… Continue reading Sell the news? ADA price drops 10% following Cardano’s long-awaited smart contracts rollout

BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP

Canadian blockchain startup BlockCrushr has agreed to drop an intellectual property (IP) lawsuit against early backer, Ethereum-focused software engineering firm, ConsenSys. The two firms filed a joint agreement to dismiss the case on July 27, with the deal’s terms prohibiting BlockCrushr from attempting to pursue the matter in future. ConsenSys has characterized the agreement as… Continue reading BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP

BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP

Canadian blockchain startup BlockCrushr has agreed to drop an intellectual property (IP) lawsuit against early backer, Ethereum-focused software engineering firm, ConsenSys. The two firms filed a joint agreement to dismiss the case on July 27, with the deal’s terms prohibiting BlockCrushr from attempting to pursue the matter in future. ConsenSys has characterized the agreement as… Continue reading BlockCrushr drops lawsuit accusing ConsenSys of stealing its IP

COVID-19: Michael Gove drops strong hint that vaccine passports will be needed for football matches

A senior minister has dropped the strongest hint yet that vaccine passports will be introduced for football matches by the government later this year. Michael Gove said it was his view that “some form of certification is the right way to go” and that “selfish” individuals who refuse to get a COVID-19 jab face being… Continue reading COVID-19: Michael Gove drops strong hint that vaccine passports will be needed for football matches

Bitcoin drops below ‘critical’ level for avoiding a return to $31K — gold rises on inflation data

Bitcoin (BTC) fell to support which could determine a $30,000 retest on July 13 as bulls failed to make their case for fresh gains. Bitcoin bulls see $33,000 slip away Data from Cointelegraph Markets Pro and TradingView showed another lackluster performance for BTC/USD on Tuesday, with local lows at $32,240 on Bitstamp. Ranging above $33,000,… Continue reading Bitcoin drops below ‘critical’ level for avoiding a return to $31K — gold rises on inflation data

Crypto Market Drops to $1.6T Amid a Brutal $800 Billion Wipeout

The cryptocurrency market has tumbled to $1.6 trillion after it grew exponentially to a staggering $2.4 trillion recently. The value of cryptocurrencies breached over $2 trillion the first time early in April, doubling in about two months on the optimism of institutional investors towards cryptocurrencies. A Forgettable Week Over 7,000 tokens tracked by CoinGecko have… Continue reading Crypto Market Drops to $1.6T Amid a Brutal $800 Billion Wipeout

Paris Hilton drops surprisingly well-informed article about NFTs

Paris Hilton revealed she is not only bullish about NFTs but also has a good understanding of potential applications of the technology, in an extensive blog post explaining her excitement about the sector posted on April 6. In a blog post titled “I’m Excited About NFTs—You Should Be Too”, Hilton demonstrates an informed understanding she… Continue reading Paris Hilton drops surprisingly well-informed article about NFTs

CZ Drops a Hint That Binance Could Soon have an NFT Marketplace

‘Careful What You Wish For’ Usually Foreshadows a new Feature on Binance The CEO of Binance has had a history of using the phrase ‘careful what you wish for’ to respond to user requests that are in line with a new feature the exchange is working on. One such example was in May 2019 when… Continue reading CZ Drops a Hint That Binance Could Soon have an NFT Marketplace

CZ Drops a Hint That Binance Could Soon have an NFT Marketplace

‘Careful What You Wish For’ Usually Foreshadows a new Feature on Binance The CEO of Binance has had a history of using the phrase ‘careful what you wish for’ to respond to user requests that are in line with a new feature the exchange is working on. One such example was in May 2019 when… Continue reading CZ Drops a Hint That Binance Could Soon have an NFT Marketplace

LA DA Gascón drops death penalty for man charged with killing police officer

Los Angeles DA drops death penalty for accused cop killer Los Angeles District Attorney George Gascón goes against prosecutors and will not seek the death penalty for an admitted gang member charged in officer killing; Officer Boyer’s step-father Don Clark joins ‘Fox and Friends Weekend.’ Los Angeles District Attorney (DA) George Gascón said Friday he will… Continue reading LA DA Gascón drops death penalty for man charged with killing police officer

Dogecoin drops 23% as Elon Musk slams DOGE rich list

The value of Dogecoin (DOGE) sunk 23% in a matter of hours on Feb. 15, after Elon Musk drew attention to the vastly unequal distribution of DOGE coins and urged major holders to sell off their holdings. Dogecoin has one of the most unequal coin distributions in the cryptocurrency space, with 28.7% being held by… Continue reading Dogecoin drops 23% as Elon Musk slams DOGE rich list

Bitcoin price drops under $30K as ‘moment of truth’ arrives, says trader

Bitcoin (BTC) retested the $30,000 support on Jan. 27 as a day of losses culminated in violation of the psychologically significant price level. BTC price spooks amid GameStop row Data from Cointelegraph Markets and Tradingview showed any bullish momentum left in Bitcoin dissipate on Wednesday after rejection at highs near $33,000. “Another $30,000 retest for… Continue reading Bitcoin price drops under $30K as ‘moment of truth’ arrives, says trader

Crypto Fear/Greed Index Drops Below 80, the First Time Since Nov. 2020

Quick take: The Crypto Fear and Greed index has dropped below 80 for the first time since November 5th, 2020 It had more or less plateaued above this value for close to 2.5 months A drop in the index could be the first signs of a Bitcoin and Crypto market cool-off Bitcoin faces the weekly… Continue reading Crypto Fear/Greed Index Drops Below 80, the First Time Since Nov. 2020

Bitcoin Drops Below $18k Due To Whale Sell-Off – Should You Buy The Dip?

The crypto market looks bloody today, with Bitcoin and the most important coins trading in the red. Bitcoin fell about $1,000 in a few hours, and Coindesk notes that the last time that this happened was just after the crypto reached new ATHs after Dec 1. At the moment of writing this article, BTC is… Continue reading Bitcoin Drops Below $18k Due To Whale Sell-Off – Should You Buy The Dip?

Data shows Bitcoin price drops days after BTC futures open interest hits $1B

There was a time when BitMEX derivatives exchange reigned sovereign over other exchanges, and the company effectively held a 50% market share until July 2019. For this reason, traders kept a close eye on every indicator connected to BitMEX, including its funding rate, open interest, and basis. Open interest measures the total number of contracts… Continue reading Data shows Bitcoin price drops days after BTC futures open interest hits $1B

Holiday travel drops, as Americans rethink a comforting ritual.

Americans have agonized over Thanksgiving this year, weighing skyrocketing numbers — more than 2,200 U.S. deaths from Covid-19 were reported on Tuesday for the first time since May 6 — and blunt warnings from the Centers for Disease Control and Prevention against the need, after a grim and worrying year, to gather with family for… Continue reading Holiday travel drops, as Americans rethink a comforting ritual.

Coronavirus R rate 'drops to 1.1' as major study shows Rule of Six is 'slowing infections'

THE R RATE has dropped to 1.1 in a sign Covid-19 infections are slowing down, a major study has suggested. The infection rate appears to have fallen from 1.7 to around 1.1 based on early results from a study by Imperial College London and Ipsos Mori. ⚠️ Read our coronavirus live blog for the latest… Continue reading Coronavirus R rate 'drops to 1.1' as major study shows Rule of Six is 'slowing infections'

Bitcoin price abruptly drops 3% after miner outflows hit 5-month high

The price of Bitcoin (BTC) dropped from $10,580 to as low as $10,258 on Coinbase on Sep. 13. The 3% fall within nine hours comes after on-chain data hinted at a potential miner sell-off. Miners continue to apply high selling pressure on Bitcoin Throughout the past week, on-chain analysts have said that miners have been… Continue reading Bitcoin price abruptly drops 3% after miner outflows hit 5-month high

Verizon revenue drops as pandemic slows phone shopping

Verizon CEO: Coronavirus changing future of workplace, society Verizon CEO Hans Vestberg argues telehealth and remote learning will be used more by corporations and society as a result of the coronavirus pandemic. Verizon Communications Inc. continued to add cellphone customers during the pandemic, though quarterly revenue declined in its core wireless business and its online… Continue reading Verizon revenue drops as pandemic slows phone shopping

Coca-Cola profit drops 32% as coronavirus shutdowns sink restaurant sales

Real growth opportunity in sports drink industry: Coca-Cola North America executive Coca-Cola North America executive Shane Grant discusses the growth of the still drinks market and the sports drinks being added to the company’s Powerade brand. Coca-Cola Co. profit plunged 32 percent amid a sharp drop in restaurant and bar sales during lockdowns aimed at slowing… Continue reading Coca-Cola profit drops 32% as coronavirus shutdowns sink restaurant sales

Amy Klobuchar drops out of Biden VP contention

Minnesota Senator Amy Klobuchar has announced that she will not seek to be Joe Biden’s running mate for the US presidential election in November. Ms Klobuchar said the Democratic nominee should choose a woman of colour as the vice-presidential candidate. Seen as an early front-runner, the senator faced scrutiny amid protests over the death of… Continue reading Amy Klobuchar drops out of Biden VP contention

UK Court Drops Craig Wright’s Appeal Against Roger Ver

Craig Wright, the self-proclaimed Satoshi Nakamoto candidate and chief scientist at NChain, has lost an appeal against Bitcoin.com founder and Bitcoin Cash (BCH) evangelist, Roger Ver. Wright originally sued Ver for calling him “a fraud and a liar” in a now-deleted YouTube video in 2019, but the lawsuit was eventually dismissed, causing Wright to file… Continue reading UK Court Drops Craig Wright’s Appeal Against Roger Ver