Category: Cryptocurrency

Sep 08
Ether price could ‘decouple’ from other crypto post Merge — Chainalysis

Chainalysis suggests ETH could decouple from other cryptocurrencies post Merge as its staking rewards could make it similar to bonds or commodities. 3293 Total views 22 Total shares Crypto analytics firm Chainalysis has suggested that the price of Ether (ETH) could decouple from other crypto assets post-Merge, with staking yields potentially driving strong institutional adoption. […]

Sep 08
Aave devs look set to receive $16.3M via retroactive funding

A proposal to reward members of the Aave Companies with $16.28 million in retroactive funding for the development of V3 of the Aave Protocol looks set to pass. 579 Total views 16 Total shares The DAO behind the decentralized finance (DeFi) platform Aave has accepted a proposal to reward members from Aave Companies with $16.28 […]

Sep 08
Bitcoin is a ‘wild card’ set to outperform —Bloomberg analyst

The commodity strategist has pegged Bitcoin to rebound strongly from the bear market despite headwinds for high-risk assets. 838 Total views 18 Total shares Bloomberg analyst Mike McGlone has labeled Bitcoin (BTC) a “wild card” which is “ripe” to outperform once traditional stocks finally bottom out.  In a Sept.7 post on Linkedin and Twitter, McGlone […]

Sep 08
Celsius co-founder declares his equity is ‘worthless’ in court

It’s unclear if the court declaration by Leon will have any bearing on the value of the shares still in circulation. 6525 Total views 38 Total shares A Celsius Network co-founder has moved in court to declare the entirety of his equity stake in the embattled crypto company as “worthless.” In a Monday document to […]

Sep 07
Cardano (ADA) eyes 15% rally despite Charles Hoskinson’s fear over ‘macro factors’

Cardano (ADA) will undergo a major network update called “Vasil” on Sept. 22, potentially making its blockchain more scalable and cheaper. Nonetheless, the news has failed to spark any decisive upside momentum in ADA’s market. Macro factors weigh on ADA’s best upside scenario In detail, ADA’s price has risen approximately 3.5% to $0.51 since the […]

Sep 07
Price analysis 9/7: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

After trading near the $20,000 level for several days, Bitcoin (BTC) turned down sharply and dropped below $19,000 on Sept. 6. The fall was not limited to the cryptocurrency markets as the United States equities markets also closed lower on Sept. 6. Risky assets have been facing selling pressure in the past few days as […]

Sep 07
FBI seeks Bitcoin wallet information of ransomware attackers

The FBI, along with two other federal agencies, CISA and MS-ISAC, asked U.S. citizens to report information that helps track the whereabouts of the hackers. 1841 Total views 52 Total shares Three federal agencies in the United States — the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency and the Multi-State Information […]

Sep 07
Getting hitched, Satoshi style: A Bitcoin-themed wedding in Lebanon

A Bitcoiner used his wedding day to share his love for his favorite digital currency, Bitcoin, by gifting 4,000 Satoshis to every guest and incorporating a volcano theme. 1936 Total views 28 Total shares A Bitcoin (BTC) evangelist in Lebanon took their love for Bitcoin to the next level. Said Nassar, an international business engineer, […]

Sep 07
South Korean regulators to prepare guidelines for security tokens in 2022

South Korea will get a separate security tokens market operated by Korea Exchange. 1102 Total views 10 Total shares Guidelines for security tokens in South Korea will be announced by the end of 2022. Simultaneously, the pilot market with a regulatory sandbox will be launched before the formal institutionalization.  Chief South Korean financial regulator, the […]

Sep 07
El Salvador celebrates Bitcoin anniversary: A year of ups and downs

Sept. 7, 2022 marks exactly one year since El Salvador became the first country in the world to adopt Bitcoin (BTC) as legal tender by enforcing the Bitcoin Law. Advocating for Bitcoin as legal tender last year, El Salvador President Nayib Bukele promised that Bitcoin adoption would benefit the 70% of the local population that […]