Bitcoin exchange reserves reach new yearly low amid $60K price retest
Crypto analysts think that the declining Bitcoin supply on exchanges suggests “something is happening” that could support a bull market, provided demand “continues to grow.”
Related Posts
A feature allowing anonymous Uniswap trading has returned
Uniswap users can once again participate in DeFi privately. 1013 Total views 12 Total shares Uniswap serves as a massive player in the decentralized finance, or DeFi, niche of the crypto space. Incognito, a blockchain focusing on crypto privacy, has reopened pUniswap, a way to participate on Uniswap privately. “Uniswap, Ethereum’s largest DEX, just went Incognito.…
Congress demands crypto payments notification from DOS when helping Ukraine
The bill amendment demands the Secretary of State submit reports to congressional committees explaining why the DOS made the determination to pay out rewards in cryptocurrency. 36 Total views 2 Total shares A new bill demanding a congressional notification prior to payments of the United States Department of State (DOS) rewards using cryptocurrencies surfaced as…
Fed’s dovish move will slash $625M in interest income for stablecoins
CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion.
El Salvador’s Bitcoin strategy evolved with the bear market in 2022
Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt Bitcoin (BTC) as a legal tender. This landmark decision has attracted the attention of the global cryptocurrency community and has sparked discussions on the potential benefits and challenges of widespread adoption.El…
3 reasons why the price of Curve DAO Token (CRV) tripled in a week
Over the past two weeks the entire DeFi sector has been in a strong uptrend and many of the top market cap tokens rallied by double and triple-digits.Curve DAO’s governance token CRV has been a standout performer, coming off a low at $0.54 on Jan. 11 to a 2021 high at $1.78 on Jan. 17.…
USDC will launch natively on Base network ‘next week’ — Jeremy Allaire
Circle announced that a Base version of its USDC stablecoin would be available soon, eventually eliminating the need for the USDbC bridged version. 511 Total views 1 Total shares Circle’s United States dollar stablecoin, USDC, will launch natively on the Base network “next week,” according to an Aug. 29 social media post from CEO Jeremy…
US lawmakers urge IRS to implement crypto tax reporting requirements before 2026
The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, that isn't soon enough. 206 Total views 6 Total shares Seven members of the United States Senate have called on the Treasury Department and Internal Revenue Service (IRS) to advance
Level Finance confirms $1M exploit due to buggy smart contract
An attacker manipulated a “claim multiple” bug in a Level Finance smart contract to steal more than 214,000 LVL tokens from the exchange. 254 Total views 9 Total shares Own this piece of history Collect this article as an NFTDecentralized exchange Level Finance has experienced a security breach allowing an attacker to steal more than…