Tesla and Spacex CEO Elon Musk has shared his views on a variety of topics, including crypto investing, why he supports the meme cryptocurrency dogecoin, “unresolved matters” in his Twitter takeover bid, and the likelihood of a near-term U.S. recession. Elon Musk on Crypto Investing Tesla CEO Elon Musk shared his thoughts on a wide…
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The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still not registered.
Bank of Spain Crypto…
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As central banks across the globe are now admitting they failed to keep inflation under control and by sharply rising rates threaten to push economies into recession, they now claim that they are the main source of trust in the monetary system. … Read More: After Inflation Fiasco, Central Banks Now Want to Monopolize Trust…
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Solana (SOL)-based borrowing and lending service Solend has put forward yet another proposal in a bid to mitigate the threat of the whale wallets at risk of liquidation. Called SLND3, the latest proposal would introduce a per-account borrow limit of USD 50m. It would also gradually liquidate positions of anyone who has a debt…
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The Bitcoin (BTC) stock-to-flow (S2F) model created by the pseudonymous analyst PlanB is once again facing scrutiny in the crypto community, after failing completely in its price prediction so far this year…. Read More: Bitcoin Stock-to-Flow Model and Its Proponents Under Fire Again as Failure Becomes Obvious Read more »Pay, Trade, Buy Bitcoin with…
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Ethereum (ETH) co-founder Vitalik Buterin has said he is “definitely” worried about centralization risks following The Merge, the event when the current Ethereum Mainnet merges with the beacon chain proof-of-stake (PoS) system. The Ethereum mastermind noted that Lido Finance, the largest provider of staking services for Ethereum, where around a third of staked ETH…
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The FTX Stocks platform has been in beta testing for select U.S. users since May, but the firm reported it would be available to all domestic customers sometime in the summer. The United States-based subsidiary of cryptocurrency exchange FTX will acquire Embed Financial Technologies as part of a deal aimed at “enhancing” the company’s stock…
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Magic Eden accounts for over 90% of NFT trading volume on Solana. On Tuesday, Magic Eden, a popular nonfungible tokens (NFTs) platform on the Solana (SOL) blockchain with 112,927 SOL ($4 million) in 24-hour trading volume, announced that it had closed a Series B round for $130 million. The funding round was led by investors…
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The report seems to show that turbulence in the crypto markets has failed to rattle investments and forward movement of several GameFi and metaverse projects. Blockchain games were the subject of the latest DappRadar x BGA Games Report #5, published on Tuesday. The report looked at healthy ecosystems and investments coming into the GameFi and…
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BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided? There is good reason to be afraid. Previous down markets have seen declines in excess of 80%. While tightfisted hodling might hold wisdom among many Bitcoin (BTC) maximalists, speculators in altcoins know…
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