Bitcoin awaits US CPI print as options markets see 3.3% BTC price move

Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees. Decentralized finance (DeFi) protocols are racing to implement Layer 2 scaling solutions as Ethereum gas fees skyrocket and the network struggles under the demand.Popular DeFi platforms including Uniswap, Aave, and Synthetix are gettin closer to rolling out the…

Teen crypto star Erik Finman has said Bitcoin (BTC) “may have a bull market or two left in it,” but that “long-term, it’s dead,” in an interview with financial news site MarketWatch on Dec. 17.Finman is famous for his precocious investment in Bitcoin back in 2011, when he reportedly bought in — at the age…

While revealing the protocol's inability to comply with regulators, Christensen suggested that "we must choose the path of decentralization." 136 Total views 14 Total shares In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining…

Greece’s top administrative court has suspended a decision to extradite Alexander Vinnik, a Russian national suspected of laundering of billions of dollars through a cryptocurrency exchange.According to Reuters on Dec. 23, Vinnik’s lawyer said that the decision to extradite is suspended until the court hears an appeal, the date of which is still pending. As Cointelegraph…

A Taiwanese man suspected of stealing electricity worth over $3 million to mine Bitcoin (BTC) and Ethereum (ETH) has been arrested, according to a report from local news channel EBC Dongsen News Dec. 26.The suspect, whose surname has been given as Yang, has been accused of allegedly stealing the electricity to successfully mine cryptocurrencies worth…

A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far. 856 Total views 8 Total shares The theoretical deflationary properties of Ethereum’s London upgrade last week have already been seen in action on the blockchain with almost 800 "deflationary blocks" produced.A spike in the Ethereum transaction fee burn…

Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard.