Category: Cryptocurrency
Algorithmic stablecoin USDN fell to $0.90, marking the fourth time that it failed to defend its dollar peg in 2022. 2347 Total views 64 Total shares As the crypto community tries to navigate the bear market and recover from the onslaught brought about by stablecoin incidents like the Terra crash, another algorithmic stablecoin shows signs […]
Pierre Rochard said that Bitcoin is the best digital money network and everything else is worse. 1685 Total views 42 Total shares Cointelegraph’s Joseph Hall interviewed Bitcoin (BTC) advocates Pierre and Morgen Rochard, the hosts of the Bitcoin for Advisors podcast, at the Surfin’ Bitcoin 2022 event held in France. The group talked about how […]
Bitcoin (BTC) futures are starting to see record discounts as sentiment among derivatives traders worsens. In its latest dedicated report issued Aug. 23, analysis firm Arcane Research painted a worrying picture of the morale among BTC futures participants. Futures basis revisits June lows After an initial shock during June’s BTC price drop, which has since […]
The wait for a first Bitcoin spot exchange-traded fund continues as the U.S. SEC buys more time to make a decision on VanEck’s proposed BTC ETF. 833 Total views 9 Total shares The United States Securities and Exchange Commission (SEC) has pushed back a decision on the latest application for a Bitcoin (BTC) spot exchange-traded […]
The Andreessen Horowitz-backed crypto exchange is the latest on the Enforcement Directorate’s anti-money laundering hit list. 986 Total views 31 Total shares Major Indian crypto exchange CoinSwitch Kuber had five of its premises searched by Anti-Money Laundering agents on Thursday over alleged violations of forex laws. According to a Thursday report from Bloomberg, India’s Enforcement […]
NFT friendly rap icons Eminem and Snoop Dogg will be performing at MTV’s Video Music Awards (VMAs) together on Sunday, in a performance inspired by the Otherside metaverse and Bored Ape Yacht Club (BAYC) NFTs. The Otherside is a collaboration project between Yuga Labs’ BAYC and NFT investment and gaming giant Animoca Brands. Partnering with […]
The founder of decentralized finance (DeFi) protocol Synthetix, Kain Warwick, has submitted a proposal that would turn off very high yield returns for SNX stakers and cap the total SNX token supply at 300 million. The Synthetix protocol allows traders to issue synthetic versions of crypto native assets, traditional financial assets, and commodities on the […]
The firm stated that its potential investors will also attend the meetings, which will include Zipmex, Thailand’s SEC, and government agencies. 226 Total views 3 Total shares Asian crypto exchange Zipmex has requested meetings with Thailand’s Securities Exchange Commission (SEC) and other regulators to discuss the firm’s “recovery plan.” In a statement on Aug. 25, […]
The Ledger CEO said that until people begin using decentralized technology, control over assets and data will remain in the hands of the big tech giants and centralized intermediaries. 136 Total views 34 Total shares The rise of decentralized services and hardware security wallets means that we no longer need to rely on intermediaries to […]
The impact of Federal Reserve policy and Bitcoin’s higher timeframe market structure suggest that BTC price is not yet ready for a trend reversal. Bitcoin (BTC) price continues to chop below the $22,000 level and the wider narrative among traders and the mainstream media suggests that a risk-off sentiment is a dominant perspective ahead of […]