Bitcoin price drops under $67K as investors chase profit in stocks
Bitcoin pulled back from its range high as investors moved to greener pastures, but a possible misstep by the SEC could benefit BTC.
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Ampleforth integrates with Avalanche to introduce stablecoin alternative
The integration will allow users of the blockchain to access algorithmic language AMPL for stabilized contract interaction. 451 Total views 5 Total shares Fragments Inc., the team responsible for the development of the Ampleforth protocol, has announced that Ampleforth will be integrated into popular blockchain Avalanche to facilitate the introduction of the unit-of-account denomination model…
When Big Ben Rings: UK FCA’s Stance on Crypto Seen as Harsh but Fair
Recently, the United Kingdom’s Financial Conduct Authority released a detailed statement urging all local crypto business operators to register with the government watchdog by June 30. As part of the document, the regulator has made it absolutely clear that applications will need to have been processed, at the latest, by the end of the official…
‘The only thing holding us back is us,’ says Charles Hoskinson on DeFi’s future
In a live YouTube session, Hoskinson delivered a 30-minute briefing on the need for collaboration and friendliness within the DeFi industry. 94 Total views 5 Total shares The total value locked, or TVL, in decentralized finance (DeFi) has soared to over $250 billion as 2021 closes out, according to DeFi Llama, with most activity on…
OKCoin delists two Bitcoin forks over ‘malicious misinformation’ campaign
OKCoin cites actions antithetical to Bitcoin's open ethos as the reason for delisting BCH and BSV 5042 Total views 10 Total shares While the original Bitcoin rallies past a $1 trillion dollar marketcap, two forks of the world’s most popular cryptocurrency have instead lost a source of liquidity as crypto exchange OKCoin delists BSV and…
Bitcoin ETF race begins: Has institutional trust returned to crypto?
With the Bitcoin (BTC) halving event less than a year away, several financial giants have filed applications for a spot Bitcoin exchange-traded fund (ETF) — a scenario last seen before the 2020 to 2021 bull run. Institutional interest in the sector dried up after major crypto giants such as FTX collapsed amid a prolonged crypto winter…
Key Bitcoin Price Indicator Suggests $21,000 ‘Fair Value’ By End Of 2019
The bitcoin (BTC) price is unlikely to break $40,000 in 2019, Bitcoin Knowledge podcast host Trace Mayer declared as part of new analysis on June 24.Uploading fresh readings from his price forecasting tool, the ‘Mayer Multiple,’ the serial commentator and bitcoin proponent said that current trajectory should favor an end-of-year bitcoin price of $21,000.This, while…
Reserve Rights (RSR) builds momentum ahead of its long-awaited mainnet launch
Bitcoin was created to give the average person a peer-to-peer economic system and a store of wealth asset that could provide financial autonomy and access to banking, especially for people living in places where financial services are sparse or non-existent.In the last five years, there have been a number of blockchain projects that aim to…
New York Judge orders Tether to document USDT backing
The court accepted the Plaintiffs’ requests to provide "undoubtedly important" documents in the alleged fraud case. 382 Total views 14 Total shares The judge for the United States District Court for the Southern District of New York, Katherine Polk Failla, ordered Tether to prove 1-to-1 backing of its eponymous stablecoin, Tether (USDT). The company is…