Bitcoin price to $62K? Bearish div hints at a slow start to Uptober

Circle boss Jeremy Allaire maintains that "payment stablecoins" are payment systems, not securities. 107 Total views 19 Total shares Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission is not the appropriate agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire.In an interview with Bloomberg…

Within 11 days in March, four banks in the United States and one in Switzerland collapsed. First Republic Bank followed in May. Three of the four largest-ever U.S. bank failures occurred in those two months. It was a painful reminder that banks bear significant risks that can quickly spill over to other industries.Ironically, despite a…

The U.S. government's frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market data provider Kaiko.The U.S. has been at the forefront of the crypto sector for quite some time, however, with the government seemingly adopting a regulation…

The firm is also in the process of testing a digital euro together with the European Central Bank. 201 Total views 11 Total shares According to a new press release on Wednesday, Société Générale, one of the largest investment banks in Europe, said that it would be expanding its cryptocurrency asset management services through its…

Bancor’s approach to dealing withimpermanent loss on decentralized exchanges might have significant implications for idle altcoin capital. 468 Total views 2 Total shares Bancor has released a status report for its v2.1 decentralized exchange upgrade covering the performance of its decentralized exchange over the last three months.According to the document, the total liquidity increased by…

The filing specifies that Valkyrie’s ETF may invest up to 10% of its net assets in securities of Bitcoin mining firms, as well as up to 5% in the securities of pooled investment vehicles in the U.S. that hold BTC. 174 Total views 10 Total shares Crypto asset manager Valkyrie has launched an exchange-traded fund…

The Ethereum network will undergo a major upgrade on Aug. 4, as the long-awaited London hard fork is expected to launch at block 12,965,000. The transition is part of a roadmap leading to the Ethereum 2.0 release, which aims to migrate the network to a proof-of-stake consensus mechanism.By no longer depending on the intense energy-consumption…

By creating an alternative financial system with extraordinary flexibility and innovation in less than ten years, Web3 has astounded the globe. Economic and cryptographic primitives such as smart contracts and consensus mechanisms have helped to create an open-source system to conduct and authorize financial transactions.However, the decentralized finance (DeFi) ecosystem cannot support straightforward contracts like…

What goes down must come up? Markets often bounce back. Investing app Acorns aims to help people grow their savings and wealth, but how does inherent market risk factor into the equation? CEO Noah Kerner gave his thoughts on that question at a recent BlockShow panel."We send this message to our customers: That every downturn…