The latest bitcoin upwards price momentum seems to be coming from western buyers, but persistent Asian-hours selling pressure is tempering bullishness. The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoinContinue Reading
The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the U.S. financial system and could destabilize existing financial institutions. Fed Chair Powell Sees the Need for New Crypto Regulation Federal Reserve Chairman Jerome Powell talked about the need to establishContinue Reading
On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browman says that with Gamestop’s new NFT marketplace leveraging Loopring’s ZK-rollup technology, the platform “inherits Ethereum’s self-custodial security while abstracting awayContinue Reading
PRESS RELEASE. Blockbank is proud to announce that the existing partnership with Orion Money has extended to include a number of new developments. Ana Plotnikova, blockbank CEO and Co-Founder, stated “We are extremely excited about the partnership with Orion.Money. It has been imperative for us to partner with projects thatContinue Reading
Regulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only bring risks for the financial system, economy, people and businesses. Thailand SEC Issues Regulations Limiting Use of Digital Assets forContinue Reading
Loopring was trading by over 42% on Wednesday, overtaking QNT as the world’s 65th largest crypto in the process. This came as ethereum classic was trading 10.30% higher on the day, taking its one week gain to over 80%. Loopring (LRC) On Wednesday, loopring (LRC) rose to its highest levelContinue Reading
A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’s total value locked (TVL) dropped from over $28 million to $579,701 and the project’s stablecoin shuddered from $1 per tokenContinue Reading
PRESS RELEASE. BTC Miami has released a concert line-up packed full of world-class musical talent for its Sound Money Fest experience. Talented acts in the likes of the all-encompassing musician, producer and world-famous club DJ Steve Aoki and American-born hip-hop artist Logic, will entertain concert-goers with live music on theContinue Reading
While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in 31 days from $424 millionContinue Reading
Gains in cryptocurrencies slowed down on hump-day, as bitcoin and ethereum prices hit resistance levels. ETH fell below the $3,000 level, with BTC falling below its long-term ceiling of $42,500 during today’s session. Bitcoin The global crypto market cap was 0.69% lower as of writing, as gains in BTC easedContinue Reading
