Data shows Ethereum options traders are less bearish that before, and margin-based markets recently saw some investors go ultra-long on 491,000 ETH. Ether (ETH) price is up 16% since July 1 and has outperformed Bitcoin (BTC) in the last 7 days. The move could be partially driven by investors clinging to their hopes that the…
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Web3 has had severe scalability concerns. But application sidechains have emerged as a viable answer to crypto’s most persistent problem. By far, the innovation with the most impact in the Web3 world this year is the sidechain. The highest-volume blockchain providers in the world — Binance, Polygon, Ankr and Avalanche — have all recently released…
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Crypto bear markets are rough, but there are five moonshot events that could turn the ship around. Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed. As the popular topic of conversation now centers…
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Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen. Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of England conference in London on Friday.…
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Twitter’s secrecy on fake and spam account numbers on the platform is the main reason for tech mogul’s decision, a Friday letter revealed. In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal via a letter sent to the board of the social media giant.…
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Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive the current market, Ripio is…
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Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, Musk’s lawyer explained. Musk Ending Deal With Twitter Citing ‘Material Breach of Multiple Provisions’ Tesla and Spacex CEO Elon Musk’s lawyer sent…
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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: Blockchain.com’s USD 270M Exposure to Three Arrows Capital + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Bitcoin (BTC) finally outperformed gold by a wide margin this week, after a long period where gold has performed significantly better than its digital cousin. The outperformance of gold by bitcoin came during what has been a strong week for the digital currency, which has moved from just over USD 19,000 on Monday to USD…
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Olga Ortega, the co-founder and CPO of the real-time DeFi explorer AnalytEx by HashEx._______ Currently, there are many decentralized protocols and their use cases, and not everyone is well-versed in the terminology of DeFi to start working with protocols right away. It requires a certain level of knowledge – that is why today we start…
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