Bitcoin drops 3% as US sellers spark sub-$65K BTC price targets
Bitcoin offers buyers a “flash sale” with a dip below $67,000, but traders warn that the BTC price retracement may not be done yet.
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Grayscale prepares for DeFi future with new cryptocurrency trust filings
The world's largest cryptocurrency asset management firm could be set to dip its toes into DeFi after filing five new coin trust registrations. 1468 Total views 9 Total shares The largest Bitcoin (BTC) and cryptocurrency asset manager in the world, Grayscale, could be set to move into the decentralized finance space after filings for several…
Breaking free from global liquidity silos: New technology changes the game
Economists, pundits, institutions and investors often talk about the global financial system. When stocks go up and trade thrives, they applaud its contributions to prosperity; when the markets crash and stocks dip, they blame its inhuman scale or its untrustworthy manipulators. But anyone who has attempted to diversify their portfolio with foreign stocks or acquire…
SSV.network hits mainnet to increase decentralization of Ethereum staking pools
SSV.network launches distributed validator technology network with more than 10 partner staking DApps to help decentralize Ethereum staking. 52 Total views 1 Total shares Criticisms aimed at the perceived centralization of Ethereum (ETH) staking pools may finally be quelled by an alternative staking infrastructure that aims to improve private key security and reduce validator down
Construction of Morocco’s 36 Megawatt Bitcoin Mining Farm to Start in January 2019
A Bitcoin mining company formed from a U.S. private equity firm plans to begin building a 36 megawatt farm in Morocco from January next year, Ars Technica reports Tuesday, September 18.Soluna, the product of New York-based Brookstone Partners, intends to leverage local laws by eventually selling at least 20 percent of its electricity output back…
Bitcoin Surpasses One Million Daily Active Addresses
Bitcoin (BTC) surpassed one million daily active addresses on June 14, according to blockchain statistics website CoinMetrics.Twitter user Kevin Rooke pointed out the current number of daily active on-chain addresses on June 15, resulting in mixed reactions from the community. For instance, one Twitter user noted that “using it and trading it are different things.”A…
Bearish pennant breakdown confirmed? 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week in a precarious place — below $45,000 and below some key moving averages. What's next?Almost a week after a cascade of leveraged position unwinding forced the market to $42,800, Bitcoin has erased most of its subsequent recovery.The weekend produced little by way of a paradigm shift, and now, downside…
Arbitrum-based Jimbos Protocol hacked, losing $7.5M in Ether
The attacker used the lack of slippage control over tokens to steal the funds. 227 Total views 1 Total shares Adding to the growing number of decentralized finance (DeFi) protocol hacks in the crypto industry, Jimbos Protocol is the latest to suffer an attack resulting in a significant loss of funds.According to blockchain security firm…
Ukrainian Legislator Urges Parliament to Cut Crypto Taxes Until 2030
A Ukrainian legislator has urged parliament during a speech on Monday, October 1 to review his alternative bill on cryptocurrencies that offers to freeze taxes for crypto traders up to 2030.MP Yuriy Derevyanko, a member of the anti-corruption Movement of New Forces founded back in 2017 by former Georgian politician Mikheil Saakashvili, introduced his version…