Altcoin ‘euphoria’ phase begins once market cap jumps 16% — Trader
A crypto trader says the altcoin total market cap needs to rise around 16% before “euphoria” sets in, and until then, the market could remain “choppy.”
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Singapore grants first regulatory in-principle approval to crypto exchange
Independent Reserve gets the first in-principle approval that gives hope to around 170 crypto exchange applicants waiting to receive an official operating license in Singapore. 165 Total views 17 Total shares Independent Reserve, an Australian crypto exchange founded in 2013, has become the first cryptocurrency exchange in Singapore to receive an “in-principle approval” to operate…
Scaling DApp in 2022, explained
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Miami real estate firm accepts crypto deposits for condos after conference
Driven by momentum from the Miami Bitcoin event, luxury condo development E11EVEN Hotel and Residences has already secured its first crypto deposit. 2801 Total views 7 Total shares Miami-based E11EVEN Hotel and Residences is claiming to be the first real estate company to allow deposits for property purchases in the form of cryptocurrency.Speaking to Fox…
Binance-backed pSTAKE Finance launches Bitcoin liquid staking solution
pSTAKE is among the most recent protocols making Bitcoin a yield-generating asset with more capital efficiency.
Alpha Homora loses $37 million following Iron Bank exploit
Though a "prime suspect" has been identified, how will the protocol make itself whole? 582 Total views 9 Total shares In one of the largest exploits of the DeFi era, this morning an attacker successfully drained over $37 million from Alpha Homora by leveraging Cream’s Iron Bank protocol-to-protocol lending platform. Alpha Finance Lab, whose protocol was…
SEC sues Coinbase in NY federal court for offering unregistered securities
The SEC lawsuit alleges that Coinbase operated as an unregistered broker and several tokens offered on its platform qualify as security. 921 Total views 5 Total shares The United States Securities and Exchange Commission has filed a lawsuit against New York-based crypto exchange Coinbase for offering unregistered securities.The SEC lawsuit alleged that Coinbase has never registered…
Tether to buy Bitcoin based on monthly net profits
Tether said that Bitcoin’s decentralized nature and its long-term store of value made it an obvious choice for the stablecoin issuer. 558 Total views 2 Total shares Tether, the company behind the largest stablecoin Tether (USDT), is following in the footsteps of MicroStrategy to manage its reserves. The stablecoin issuer plans to strengthen its reserves with…
Bitcoin rejects $51K after Michael Saylor reveals new BTC purchase — What’s next?
Bitcoin (BTC) is currently facing a crucial resistance to break through after a massive rally of 70% since the recent low in July at $28,000. This resistance is found in the psychological area between $50,000 and $51,000 and can be classified as the final hurdle before a new all-time highs.This correction started when Michael Saylor…