Bitcoin sets new 3-month low as analyst eyes $93.5K reclaim 'this week'

Block.one, the developer of blockchain protocol EOS, has published a statement on EOS public blockchain governance in an official Medium post October 1, signed by Block.one’s CEO, Brendan Blumer.In the statement, Blumer states that the company is “aware of some unverified claims regarding irregular block producer voting, and the subsequent denials of those claims.”Without providing…

Tim Wu, a one-time Bitcoin critic and current technology policy adviser at the White House, reportedly owns between 29 and 146 BTC. 4390 Total views 9 Total shares Cryptocurrencies might be anathema for certain members of United States President Joseph Biden's administration, but that has not stopped one staffer from owning a small fortune in…

The Marco Polo Network, a trade finance network co-developed by major enterprise blockchain firm R3, has completed its largest finance trial.Built on R3’s open-source blockchain platform Corda, Marco Polo has hosted the largest global trade finance trial that involved over 70 organizations from 25 countries including financial giants like Japanese SBI Holdings, according to an…

Investors were surprised by Bitcoin (BTC) price falling to $25,500 on May 12, and this shock extended to options traders. The strong correction was not restricted to cryptocurrencies and some large-cap stocks faced 25% or heavier weekly losses in the same period.Growing economic uncertainty impacted S&P 500 index members like Illumina (ILMN), which declined by…

Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services. 298 Total views 5 Total shares Capital Union, a Bahamas-based bank that reportedly holds a portion of reserves by the Tether (USDT) stablecoin issuer, has been itself actively involved in the cryptocurrency industry.The…

The current crypto bull run has been spearheaded by Bitcoin (BTC). As the United States Securities and Exchange Commission has previously hinted that Bitcoin is not a security, the regulator’s current lawsuit against Ripple is unlikely to stop the institutional inflow of money into Bitcoin. However, a few altcoins that may be at risk of facing…

Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon. 1711 Total views 18 Total shares David Roche, president and global strategist at Independent Strategy, believes that China’s digital yuan has “a long way” before it will become able to challenge the U.S. dollar as a…

Solana (SOL) has lost 60% of its market value in a week due to its exposure to the now-defunct crypto exchange FTX, which could continue to haunt the "Ethereum killer" well into the future.FTX/Alameda exposure hurting Solana priceFTX and its sister-firm Alameda Research is liable to have control over 50 million SOL, according to Solana's statement…