Bitcoin crashes to $53K, but analysts warn the worst isn’t over

Eleven projects joined the race when Kusama parachain auctions started on June 15. A few more got in during the latter auctions of the first batch. With impressive gains to the tune of 900,000 KSM (approximately $180 million, at the time of writing), are Kusama auctions still fair and democratic, or is everything already decided…

Lagos-headquartered fintech Opay has sealed $120 million in a series B financing round from a host of high-profile Chinese investors.Founded in 2018 by web browser developer Opera, OPay — which focuses on developing digital payments solutions to promote financial inclusion — had previously raised $50 million in June of this year, according to what Opera’s…

The inverted pattern in the Bitcoin futures curve is a signal that investors’ confidence in BTC price continues to slump. 558 Total views 4 Total shares It's not yet known whether Binance's recent news of  being temporarily suspended from the U.K.’s financial system is the main driver behind today's Bitcoin (BTC) price drop. As Cointelegraph reported,…

The $113 million could be a significant financial lifeline for cryptocurrency startups and invite more institutional attention to the crypto space.

It seems that Malta is becoming both less popular among and less populated with crypto firms. The European Union country attracted dozens of industry players in 2018 on the back of the “blockchain island” agenda championed by the local government, but the relevant framework has not yet proven to be effective. Meanwhile, the official rhetoric…

The milestone was accomplished less than one month after a much-anticipated airdrop. 458 Total views 28 Total shares Own this piece of history Collect this article as an NFTAccording to statistics compiled by user @Henrystats on Dune Analytics, the number of accounts, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million…

John Reed Stark believes SEC chair Gary Gensler could throw in the towel, depending on a possible scenario to play out in 2024. 570 Total views 5 Total shares The United States’ securities regulator could completely u-turn its approach to crypto enforcement, depending on a key election in the United States in 2024, according to…

Quantum rigs might pose a bigger threat to blockchains than quantum decryption.

Bitcoin (BTC) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential problem: a recovering United States dollar.US dollar strength reemergesNotably, the U.S. Dollar Index (DXY), which tracks the greenback’s performance against a basket of top foreign currencies, has risen 4% from its Feb. 3 low of 100.82,…