Crypto analytics firm Santiment finds that large wallets are gobbling up the native asset of the decentralized oracle network Chainlink (LINK). Santiment notes that addresses holding between 100,000 and 1 million LINK have accumulated $38.5 million worth of the crypto asset in the past week. The firm says those significant wallet moves are “more relevant […]
Lightning Labs, the Bitcoin layer-2 infrastructure developer has recently released its Taproot Assets protocol on the main network. This initiative would eventually enable the issuance of stablecoins along with other assets on both Bitcoin and Lightning. Taproot Assets would grant users the necessary tools required to make Bitcoin a multi-asset network but in a scalable […]
Sound money is money that is not prone to sudden debasement. The conversation surrounding sound money has reached a critical point, given the present uncertainties in the global financial landscape. The spiraling debt of sovereign nations have heightened concerns about currency debasement. In contrast to fiat, which can be created out of thin air, sound […]
Cryptocurrencies have heralded a new era in digital banking by giving individuals unparalleled control and sovereignty over their possessions. This newfound independence, however, comes with a tremendous responsibility: the need to effectively secure digital assets. Crypto wallets are crucial in this process because they act as digital vaults for holding and managing cryptocurrency. But, in […]
Comments from institutional investors and amendments to the spot Bitcoin ETF applications could be behind the recent improvement in investor sentiment.
The prominent investor has three compelling reasons for his bullish stance on Bitcoin, all pointing towards one name
Over the past 24 hours, Bitcoin SV's (CRYPTO: BSV) price has risen 4.55% to $41.27. This continues its positive trend over the past week where it …
ARK Invest CEO Cathie Wood says that the U.S. Securities and Exchange Commission (SEC) is starting to show a change in attitude toward the firm’s application for a spot market Bitcoin (BTC) exchange-traded fund (ETF). In a new CNBC interview, Wood says that there’s been a healthy exchange of information between the SEC and ARK […]
Federal Reserve Bank governor Michelle Bowman says that the use case for a central bank digital currency (CBDC) in the US remains unclear. In a new roundtable speech at Harvard, Bowman says that there may be alternatives to CBDCs that already solve the same issues that a digital dollar purports to address. “It is quite […]
The Biden administration is being called upon by over 100 lawmakers in the United States to clarify its efforts at combatting global terrorist financing using cryptocurrencies. The bipartisan letter follows reports that Hamas, the Islamist organization that launched attacks on Israeli civilians earlier this month, used crypto to raise millions of dollars over the past […]
In a recently concluded voting program, it was revealed that over 92% of LidoDAO members (Lido token holders) of the decentralized liquid staking protocol Lido Finance, voted in favor of Lido ceasing its operations on the Solana Network. LidoDAO Cut Ties With The Solana Network Following Community Vote The proposal was first introduced by Lido […]
Bitcoin-focused company Lightning Labs has launched the Taproot Assets mainnet alpha daemon. Simply put, Taproot Assets uses Bitcoin’s technology to handle, create, and delve into stablecoins and other assets. Think of it as a modern financial tool, backed by Bitcoin’s known security and decentralized features. The current version, Taproot Assets v0.3, enables developers to transform […]
Decentraland Foundation executive director Yemel Jardis believes the NFT market slump is not a sign of regression but maturity.
Bitcoin, the largest cryptocurrency by market value, climbed to a two-month high of $28,817 on Wednesday, as investors anticipated the approval of a spot bitcoin exchange-traded fund (ETF) in the U.S. The rally was fueled by amendments to the spot Bitcoin ETF filings by Fidelity, Ark Invest, and Invesco, which indicated ongoing communication with the […]
Vitalik Buterin, the co-founder of Ethereum, has recently addressed the concerns of the crypto community regarding his large ETH transfers. He explained that he had not sold any ETH for personal gain since 2018 and that most of his transfers were donations to various causes and projects. Vitalik Buterin Breaks Silence Regarding Recent ETH Transfer […]
To maintain its position among the largest exchanges handling Bitcoin (BTC) futures traffic, Bybit Institutional has launched its updated trading platform. The platform aimed at professional traders, a part of the Bybit exchange, has received a refreshed interface. According to the company, the update better reflects the range of innovations taking place in the rapidly […]
Renowned financial literacy advocate and “Rich Dad Poor Dad” author, Robert Kiyosaki, recently took to X to share his perspective on the impacts of inflation on different economic classes
In anticipation that the SEC will desist its opposition to cryptocurrency trading, other financial firms also applied to offer US spot Bitcoin ETFs.
Heritage Foundation think tank economist Peter St Onge says that economic stagnation and high inflation could positively impact Bitcoin (BTC) and gold. In a new interview on Kitco News, the economist says that periods of stagflation have traditionally “been very, very good for hard assets.” A period of stagflation is characterized by high or rising […]
Shiba Inu (SHIB) has recently experienced a dramatic decline in its burn rate. This plunge, amounting to a staggering 90.57%, comes at a time when the SHIB token is facing a sharp drop in its market price. Typically, lower token prices present more extensive opportunities for token burning as it becomes more affordable to acquire […]
Cryptocurrency investors are reeling after an Ethereum whale reportedly liquidated a substantial number of tokens. While Ethereum’s founder, Vitalik Buterin, has categorically denied being the individual behind this significant move, leading technical analysts warn that such heightened selling pressure could propel ETH’s value downward, possibly reaching the $1,000 threshold. Ethereum Whale Sells Millions in ETH […]
Image: Drei Kubik on Unsplash. California has followed New York and signed its very own BitLicense bill for the crypto industry. Signed by California Gov. Gavin Newsom last week, the Digital Financial Assets Law—which would come into action from July 2025—wants to install a “robust regulatory framework” for the state. It’s reminiscent of New York’s […]
BNB Chain – the community-driven blockchain ecosystem – announced the public launch of the Greenfield Mainnet. According to the official blog post, Greenfield is a decentralized storage-centric network designed to cater to data-intensive decentralized applications within the BNB ecosystem. This network aims to offer customizable storage solutions that seamlessly integrate with smart contracts on the […]
I love this space. But, as with any large grouping of individual people, there are a few things that I have been discussing that continue to go ignored by much of the space. When it comes to participating in highly competitive arenas it is those participants that see opportunity where waters are undisturbed that will […]
The protocol, which had 526 Ether in total value locked, was emptied in an attack on Oct. 18.
OKX, a crypto exchange and Web3 technology company, reveals that its Liquid Marketplace achieved a record monthly high with futures spreads trading volumes amounting to an impressive $1.54 billion in September 2023. This signifies a notable 62% of the institutional market share for futures spreads during the same month. OKX Sets the Pace with Nitro […]
October 18, 2023 – Dubai, United Arab Emirates OKX – a leading crypto exchange and Web 3.0 technology company – today announced that futures spreads trading volumes on its Liquid Marketplace – a spot OTC, futures spreads and options liquidity network – reached a record monthly high of $1.54 billion in September 2023. This achievement represents […]
The cryptocurrency market is on the brink of an exciting paradigm shift, and Bitcoin exchange-traded funds (ETFs) are the driving force behind this transformation. According to recent reports from CryptoQuant, it discusses in detail how the approval of Bitcoin ETFs could boost the growth of the Bitcoin market by approximately $900 billion and, even more […]
BNB Chain, the smart contract blockchain that powers the Binance Coin (BNB), has announced the launch of its Greenfield Mainnet, a storage-oriented network that aims to transform the way users interact with their data. The Greenfield Mainnet went live on October 17, after a successful Testnet phase that saw over 200,000 transactions among 150,000 wallet […]
Has rate of Cardano (ADA) reached support zone yet?
Cloud mining is a cryptocurrency mining method that allows individuals to engage in mining activities without the need for expensive hardware or in- …
A rare bullish crossover between two on-chain metrics could soon be forming for Bitcoin. Here’s when this analyst believes the cross would happen. Bitcoin Realized Prices Of Two UTXO Age Bands Are Moving Towards A Cross As explained by an analyst in a CryptoQuant Quicktake post, a bullish crossover is expected to happen soon for […]