Bitcoin CME gap drop to $78K possible due to fringe risks surrounding US economy

The numbers come following the Suzhou municipal government giving away roughly $3 million in a digital yuan lottery for residents. 280 Total views 3 Total shares People in China have conducted roughly 20,000 transactions through e-commerce company JD.com in a trial of the country’s digital yuan.According to local media outlet Global Times, JD.com reported that…

Cointelegraph Consulting releases “DeFi Adoption 2020: A Definitive Guide to Entering the Industry,” to speed up DeFi adoption. Many new users have been attracted to the explosive expansion of the DeFi sector in 2020, seeking to explore the growing selection of finance tools and applications. Not surprisingly, large barriers exist due to complexity, high transactional…

The sharp decline in NFT sales and wallet activity has some people proclaiming the death of the nonfungible token space. 2497 Total views 2 Total shares The nonfungible token wing of the crypto space has declined even more rapidly than the broader market in the past month or so after sales of NFTs sank 90% since…

Subject to closing conditions, the agreement will see Bitwise’s Bitcoin ETF scoop up all the Bitcoin from the Osprey Bitcoin Trust.

Non-futures crypto products like Grayscale Bitcoin Trust are reportedly still available on Futu Securities. 449 Total views 6 Total shares A major Hong Kong-based online brokerage firm has reportedly suspended cryptocurrency futures trading due to regulatory concerns.Futu Securities, one of the biggest trading brokerages in Asia, has halted support of crypto futures contracts and trading…

The meteoric ascent of generative artificial intelligence has created a bonafide technology sensation thanks to user-focused products such as OpenAI’s ChatGPT, Dall-E and Lensa. But the boom in user-friendly AI has arrived in conjunction with users seemingly ignoring or being left in the dark about the privacy risks imposed by these projects.In the midst of…

Being bullish on Ether (ETH) over the past four months did not pay off as its price dropped 44% from $4,600. The decentralized finance (DeFi) applications growth that fueled the rally faded away, partially due to network congestion and average transaction fees of $30 and higher.The cool-off period can also be attributed to excessive expectations…

Manta Network will use newly raised funds to further scale DeFi use cases by boosting blockchain privacy. 1422 Total views 18 Total shares Manta Network, a privacy layer project for the Polkadot ecosystem, has completed a new funding round to continue scaling decentralized finance (DeFi) use cases by boosting blockchain privacy.Announced Tuesday, Manta Network’s latest…