Binance official’s wife demands medical care for detained husband
Mark Mordi, Gambaryan’s legal representative, notified the court on May 22 that his client had been unwell since the previous trial date and was still experiencing health problems.
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Stablecoin market cap rises to 2-year highs as dominance slides to 6%: CCData
After eight consecutive months of ascent, the stablecoin market capitalization has risen to a 24-month high of $161 billion in May.
U.S. debt ceiling crisis: bullish or bearish for Bitcoin?
In the latest Cointelegraph Report, we assed the risk of a possible default in the U.S. and the impact of the debt ceiling crisis on crypto and the broader markets. 559 Total views 2 Total shares The United States has hit its $31.4 trillion debt ceiling and is now running out of money. As pointed out…
Decentralized Platform Launches New Features as Demand for Crypto Lending Increases
A decentralized peer-to-peer network says it is well placed to cater to the growing demand for crypto lending, and has unveiled new tool that allows users to borrow USD-backed stablecoins against cryptocurrency collateral.Nitrogen cites research from Bloomberg that shows how demand for loans backed by crypto collateral soared in 2018, as the price of Bitcoin and…
Coinbase Not Currently Investing in Decentralized Exchange Sector, Executive Confirms
United States cryptocurrency exchange Coinbase is not planning to launch a decentralized exchange (DEX), a senior executive told cryptocurrency news media outlet The Block in an interview on May 29.Speaking on a range of topics around Coinbase’s activities, Emilie Choi, the company’s vice president of Business, Data & International, said that despite acquiring P2P platform…
3 reasons SOL price is up 30% in two weeks — Will Solana’s uptrend continue?
Solana (SOL) ticked higher on Sep. 13, mirroring similar upside moves in the broader cryptocurrency market, led by Bitcoin (BTC) and Ether (ETH).On the daily chart, SOL's price gained over 4% to $39, its best level in 3 weeks. The token's intraday gains came as an extension of a prevailing uptrend that has seen its…
Bitcoin’s reputation still a deterrent for institutions, Draper fund analyst says
Institutions still fear Bitcoin’s criminal persona, its volatility, and other factors. 644 Total views 5 Total shares Although a number of big players have picked up bags of Bitcoin (BTC) in 2020, multiple aspects still avert institutions from investing on a wide scale, according to Robert Li, an analyst for Draper Dragon, a Draper Venture…
I Would Not Long or Short Bitcoin, Says Billionaire Stablecoin Investor Druckenmiller
American billionaire Stanley Druckenmiller has doubled down on his distrust of bitcoin (BTC), Bloomberg reported on June 4, quoting a recent interview.Speaking to Scott Bessent, founder of Key Square Capital Management at The Economic Club of New York, Druckenmiller said he would still not be interested in placing any of his $4.4 billion worth into…
Another day, another airdrop: Power DeFi users can now claim Stake DAO tokens
Active decentralized finance (DeFi) users woke up yesterday to yet another “airdrop” of governance tokens, this time courtesy of self-described “multi-service platform” Stake DAO — but, due to the unique distribution method and some bugs in the rollout, eligible users might want to claim their tokens sooner rather than later. In an introductory post to the…