A hearing on stablecoin regulation in the US House of Representatives’ Financial Services Committee yesterday revealed strongly diverging views on both stablecoins and crypto more broadly among lawmakers on Capitol Hill…. Read More: US House Hearing on Stablecoins and Crypto Reveals Sharp Divide on Approach to Regulation Read more »Pay, Trade, Buy Bitcoin with…
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Decentralized finance (DeFi) protocol Aave (AAVE) has launched an open-source, decentralized social media ecosystem dubbed Lens Protocol. Concurrently, the Twitter-backed Bluesky project has formed an independent organization to implement its vision of creating “an open and decentralized standard for social media.”… Read More: Facebook, Watch Out! Aave and Twitter’s Bluesky Move Towards New Social…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Metaverse Regulation, Alchemy Raises USD 200M, Stablecoin Hack + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
XRP, the coin affiliated with the US-based fintech firm Ripple, extended a week-long rally in the market today that started after a judge in an ongoing court battle between Ripple and the US Securities and Exchange Commission (SEC) issued orders that were seen as positive for Ripple…. Read More: XRP Rallies as New Court…
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Bitcoin price extended increase above the USD 44,000 level and even spiked above the USD 45,000 resistance zone. It is currently (11:58 UTC) correcting gains near USD 43,900. Similarly, most major altcoins are also correcting gains. ETH spiked above USD 3,200 before it started a downside correction. XRP rallied above USD 0.90 and is…
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China is continuing in its efforts to wow the world with its digital yuan at the Winter Olympic Games, which got underway on Friday last week. But it appears that not all attendees – both Chinese and overseas visitors – have been blown away by the token’s usability…. Read More: China’s Winter Olympic Digital…
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Following a week of strong performance in the crypto market, sentiment among market participants is also improving. According to the market sentiment analysis service Omenics, the average 7-day sentiment score (sentscore) for 10 major cryptoassets reached 4.86 today, up from 4.39 a week ago. Bitcoin (BTC) inched closer to the zone deemed as “somewhat…
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Popular blockchain-based mobile game Axie Infinity (AXS) has made economic adjustments for its upcoming season 20, drastically reducing the daily issuance of Smooth Love Potion (SLP) tokens which are earned as rewards. In the first place, the game has eliminated the adventure mode and the daily quest rewards, which were accounting for 40% and…
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The long-running Monero (XMR) mining saga that pitted Japanese web developers against the police over the matter of crypto mining software may have come to a close last month, but the police force appears to have added an intriguing coda – by removing its public warning about the dangers of crypto mining widgets…. Read…
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Bitcoin price remained well bid above the USD 37,000 level. BTC started a decent increase and cleared the USD 38,000 resistance before moving lower again. It is currently (11:54 UTC) up around 3% in a day and is trading near USD 38,000…. Read More: Bitcoin and Ethereum Move Higher, Altcoins Surge Read more »Pay,…
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