Bitcoin 'spoofing' drives BTC price to $97K amid record profit-taking
Bitcoin sellers, whether genuine or not, are refusing to allow a $100,000 BTC price milestone.
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Someone Just Minted a Doge-Themed Crypto Token Worth $129,000
A Doge-themed non-fungible token (NFT) now appears to comprise the most valuable ERC-1155 in existence. The NFT is backed by over 1,155,777.1 Enjin (ENJ) — worth approximately $129,000 at the time of writing.The NFT, “It’s good to be the King,” was minted on March 1 and pays homage to the meme-inspired DOGE cryptocurrency depicting the…

India negotiates cross-border CBDC payments with global central banks
The CBDC should enhance the country's potential for foreign trade with nations that lack U.S. dollar reserves. The Reserve Bank of India (RBI) is currently in dialogue with its counterparts from at least 18 other countries on the possibility of cross-border payments in the “digital rupee”. The report about RBI’s ambitious foreign trade plans for the…

Proof of Keys Event Aims to Challenge Perceived Centralization of Cryptocurrencies
The “Proof of Keys” event aimed against centralized exchanges is happening today, Jan. 3, spearheaded by Bitcoin (BTC) investor Trace Mayer.The Proof of Keys event is essentially a bank run on centralized exchanges, wherein activists are called to withdraw all their cryptocurrency funds from centralized trading platforms and store them in their own wallets. The…

NYDFS-licensed Standard Custody brings Solana staking to institutions
In addition to Bitcoin and Ether, institutional investors are looking to broaden their exposure to emerging projects such as SOL. 360 Total views 12 Total shares Standard Custody & Trust Company, a digital asset custodian based in New York, has expanded its crypto offerings to include Solana (SOL), giving institutional investors the ability to stake…

MakerDAO co-founder recommends DAI-USD depegging to limit attack surface
While revealing the protocol's inability to comply with regulators, Christensen suggested that "we must choose the path of decentralization." 136 Total views 14 Total shares In light of the recent discussions around depegging its native token from USD Coin (USDC) amid sanctioning of Tornado Cash, MakerDAO co-founder Rune Christensen reached out to the community explaining…

Web3 is crucial for data sovereignty in the metaverse
Wandering around the metaverse is like being in a computer game, but soon, it will look exactly like real life. Unlike some dystopian visions of the metaverse, I don’t think we will give up on reality and stop participating in the physical world. On the other hand, advancements in artificial intelligence content generation will likely…

SEC delays decision on Wisdom Tree Bitcoin ETF
The Securities and Exchange Commission has asked for comments regarding Wisdom Tree's proposed Bitcoin ETF. 302 Total views 2 Total shares On July 13, the Securities and Exchange Commission, or SEC, pushed back its decision on Wisdom Tree’s Bitcoin ETF with a request for public feedback. This request will allow members of the public to…

Ether reserves on exchanges hit 9-year low as supply shrinks
Diminishing Ether supply on exchanges may signal an incoming price rally driven by a “supply shock,” which occurs when strong buyer demand meets decreasing available ETH.