July closed with Bitcoin up almost 17%, but now, analysts are turning to how long the bullish trend can last. Bitcoin (BTC) starts a new week and a new month on a cautiously positive footing after protecting crucial levels. After an intense July in which macro factors provided significant volatility, BTC price action managed to…
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Binance CEO Changpeng “CZ” Zhao has stressed the importance of market liquidity after various countries ask for segregated order books. Binance CEO Changpeng “CZ” Zhao has highlighted the shortcomings of segregated cryptocurrency markets after recent talks with governments from different countries. The global cryptocurrency exchange’s CEO has become increasingly involved in policy discussions with various…
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Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD (UST); however, Aave proponents were quick to point toward the overcollateralized factor. Aave DAO, the governance body behind decentralized finance (DeFi) giant Aave (AAVE) protocol, has unanimously voted in favor of creating an overcollateralized stablecoin called GHO. The…
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Bitget’s reasoning behind using a combination of a stablecoin and Bitcoin in the protection fund is to counter massive unforeseen volatility in crypto markets. With the ultimate goal to regain investor confidence amid a prolonged bear market, crypto derivatives exchange Bitget launched a $200 million fund to safeguard users’ assets. Bitget joins the growing list…
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If extradited to the United States, crypto exchange BTC-e’s alleged operator Alexander Vinnik will become a “hostage” due to the ongoing conflict in Ukraine, according to his Greek lawyer. France is likely to send the Russian back to Greece soon and Zoe Konstantopoulou is trying to prevent his subsequent transfer to U.S. custody.
Alexander…
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PRESS RELEASE. After being in stealth mode since 2020 and undergoing drastic improvements and gameplay enhancements, the ALL-NEW YOLOREKT is now LIVE. People can bid and win in USDC on various assets during 3-minute games.
The ALL-NEW YOLOREKT
The new YOLOREKT means lots of fun and lots of winning potential. Based on…
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The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in the country. These savings products, according to the bank, can only be made through verified banking institutions or by companies that issue equity in…
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Bitcoin price gained pace above the USD 24,000 resistance. However, BTC failed to test the USD 25,000 level and is currently (04:06 UTC) consolidating gains near USD 23,350. BTC is down almost 2% in a day and up over 3% in a week. Similarly, most major altcoins are correcting lower. ETH struggled to stay above…
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The customized pendants are set to cost 30 ETH a pop and will go on sale on August 5. Luxury jewelry brand Tiffany & Co has announced the sale of 250 diamond and gemstone encrusted pendants for CryptoPunk non-fungible token (NFT) holders. The handcrafted CryptoPunk pendants were announced by the jewelry brand on July 31…
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Ethereum Co-Founder Vitalik Buterin Criticizes Corporate Metaverse Attempts — ‘Anything Facebook Creates Now Will Misfire’
On Saturday, the co-founder of Ethereum, Vitalik Buterin, took to Twitter and gave his perspective on the “existing corporate attempts to create the metaverse.” Buterin noted that a metaverse will happen, but he doesnt believe the current corporate metaverse attempts are going anywhere. Ethereum’s Vitalik Buterin Shares His Thoughts on Existing Corporate Metaverse Attempts …
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