Bitcoin trader warns risk 'is peaking' in crypto cycle, calls for caution

The grocery sector is responsible for nearly half of all Distributed Ledger Technology-based (DLT) supply chain projects.UCL: grocery most active in DLT trackingResearch conducted by the University College London centre for blockchain and retail blockchain consortium and published on Aug. 4 shows that the grocery industry has the highest number of DLT-based supply chain tracking…

Federal Reserve Chairman Jerome Powell said in a question and answer session hosted by the Cato Institute on Sept. 8 that the central bank will continue to hike rates until inflation is under control. However, these comments did not rattle the markets as much as most would have anticipated, indicating that traders might have already…

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Monthly trading volumes on centralized exchanges continued to fall in May as regulators tighten their grip on the industry. 232 Total views 3 Total shares Trading volumes on centralized exchanges have fallen to their lowest levels in more than four years amid mounting regulatory pressure from United States regulators and lawmakers.According to a June 7…

The fund will help provide a legal defense for Bitcoin developers and will include a team of volunteers and part-time lawyers. 826 Total views 18 Total shares Former Twitter CEO and founder Jack Dorsey has announced plans to create a “Bitcoin Legal Defense Fund” with Chaincode Labs co-founder Alex Morcos and Martin White, who appears…

Invesco withdrew its Bitcoin Strategy ETF due to the inability to offer exposure to a mix of futures swaps and spot Bitcoin. 882 Total views 17 Total shares After dropping a filing for a Bitcoin (BTC) futures exchange-traded fund (ETF) in October, the United States’ $1.6 trillion asset manager, Invesco, has disclosed the reasons behind…

More details appear to have leaked regarding Reddit’s rumored Ethereum (ETH)-based “Community Points” system. A video posted to the platform purports to show a draft of FAQ copy explaining how the system will work.If authentic, the video appears to confirm that Reddit is preparing to launch a reputational currency on Ethereum.Video claims to confirm Reddit’s…

Ethereum (ETH) is setting liquidation records this week as a comparatively modest price uptick reveals how bearish the market has become.Data from on-chain analytics platform CryptoQuant confirmed that U.S. dollar-denominated short liquidations hit a new all-time high on Oct. 25. Two days, half a billion dollars of ETH shortsIt is not just Bitcoin (BTC) causing…