Bitcoin analysts explain why BTC could avoid a drop under $90K
Bitcoin whales, an increase in speculative appetite and other macroeconomic factors are playing a role in keeping BTC price above $90,000.
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Debate shifts negative as Solana memecoin trading volume dips
A Messari data engineer has called it the “most extractive crypto phenomenon” since the ICO boom, but the jury's still out on that one.
Crypto exchange Kraken says it is ‘too big’ to go public through a SPAC
A spokesperson recently said "$10 billion would be a low valuation" for Kraken. 1735 Total views 8 Total shares San Francisco-based crypto exchange Kraken has not yet confirmed that it will follow in Coinbase's footsteps by pursuing a public listing, though the company did rule out the possibility of doing so via a special-purpose acquisition…
Tim Draper Bets on New .Crypto Domain to Replace Wallet Addresses
Tim Draper-backed Unstoppable Domains has launched its new .crypto domain registry on the Ethereum blockchain. The registry allows users to connect any cryptocurrency address to their domain, enabling payments to be made using just the domain name, according to a press release published on Oct. 11.Alleviating the need for length wallet addressesTo make a payment,…
Dogecoin becomes second largest PoW cryptocurrency
Following the Ethereum Merge, Dogecoin now only trails Bitcoin as the biggest proof-of-work cryptocurrency. 502 Total views 21 Total shares Meme-inspired cryptocurrency Dogecoin (DOGE) is now officially the second largest proof-of-work (PoW) crypto in terms of market cap, following the Ethereum network's proof-of-stake upgrade on Sept. 15. Bitcoin (BTC) of course remains miles ahead of Dogecoin’s…
Argentina’s Central Bank to Increase Peso Supply by 5% in 2 Months
The Committee of Monetary Policy (COPOM) of Argentina’s Central Bank (BCRA) announced the intention to increase the monetary base by 2.5% per month for the next two months on Sept. 18.“To ensure monetary and financial stability”Per the announcement, the move is meant to ensure monetary and financial stability. The bank notes that it believes that…
Miami Heat star, ‘Bitboy’ agree to cough up $340K to settle Binance promo suit
Pro basketballer Jimmy Butler and crypto influencer Ben Armstrong are looking to settle claims in a Binance-related class lawsuit while denying any wrongdoing.
SEC chair has a new senior adviser for crypto
Corey Frayer has worked as a staff member of the Senate Banking Committee as well as a senior policy adviser for some members of the House Financial Services Committee. 1810 Total views 26 Total shares United States Securities and Exchange Commission (SEC) chair Gary Gensler has added a new staff member who will offer advice…
Huobi explains what went wrong with HUSD after stablecoin is back on track
The HUSD team explained that the depeg was caused as they closed market maker accounts in some regions to comply with regulations. 1442 Total views 15 Total shares After recovering the HUSD stablecoin’s dollar peg, crypto exchange Huobi explained what had caused the short-term liquidity problem and assured users that it had been resolved. On Thursday,…