2 key Bitcoin metrics signal steady bull cycle — 'No bubble' in sight

Monday, June 10 — The top 20 cryptocurrencies on CoinMarketCap are showing mixed signals, with bitcoin (BTC) back over the $8,000 price mark after seeing a dip under $7,900 on June 8.Market visualization from Coin360As of press time, bitcoin is up 2.18% on the day to trade at around $8,029. The leading cryptocurrency started the…

JPMorgan Chase (JPM) — the United States’ largest bank with over $2.62 trillion in assets — has reportedly rehauled the infrastructure of its blockchain platform Quorum with the help of Microsoft. The development was reported by crypto media outlet Coindesk on May 9.As reported, Quorum is JPM’s private blockchain platform built on the Ethereum protocol.…

The S&P 500 Index (SPX) rose 2.24% last week, its third consecutive weekly gain. In comparison, Bitcoin (BTC) managed a minuscule gain of 0.8%, indicating consolidation below $38,000. The prospects for risky assets remain bullish as the U.S. Dollar Index has started to turn down. Cryptocurrency investors have not parted with their Bitcoin holdings, even after

With the expectation of further rate cuts heading into 2024, analysts say this could be a "positive boost" for crypto stocks and investment products. A decision from the United States Fed to pause and possibly lower interest rates next year will likely serve as a “positive boost” for cryptocurrencies and crypto stocks.In a Dec. 13

Taiwanese digital currency trading platform Maicoin has entered talks with social media giant Facebook regarding its possible membership in the Libra Association.As local English language media outlet Taipei Times reported on Aug. 21, Maicoin is seeking to participate in the Switzerland-based Libra Association that works on the development of Facebook’s long-awaited stablecoin Libra. Specifically, the…

Industry insiders have pointed out the flaws inherent in multisig security as a way to protect funds in smart contracts, and have offered various alternative solutions. 1093 Total views 28 Total shares The recent exploit on Harmony’s Horizon Bridge revealed the inherent flaws with multisig admin keys that leave projects and their users “one small…

The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.

Demand for Ethereum-based stablecoins exploded during the third-quarter DeFi bubble, with DAI’s supply growing by more than 600% and USDC expanding 200%. 962 Total views 4 Total shares Decentralized finance’s (DeFi) explosive third-quarter brought significant growth to Ethereum (ETH)-compatible stablecoins.According to crypto market data aggregator Messari, the supply of MakerDAO’s DAI stablecoin grew by 623%…