Bitcoin traders expect Fed Chair Powell to ‘pump our bags’ and BTC to target $80K+
Historical Bitcoin performance data and investors’ expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound.
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Zcash Fully Shielded Transactions Jump 70% to New Record in April
The Zcash network has recorded a 70% jump in fully shielded transactions, marking a new record for April of over 8,700. This compounds gains of 100% made in March. 2265 Total views 42 Total shares The number of fully shielded transactions recorded on the Zcash (ZEC) network leaped up almost 70% in April to hit…

Winklevoss: US Dollar Is Now a ‘Funny Money’ Endorsement of Bitcoin
The United States’ failure to agree on Coronavirus stimulus shows that the dollar is “funny money” and endorses Bitcoin (BTC), says Cameron Winklevoss.In a tweet on Aug. 6, the Gemini exchange co-founder delivered a damning appraisal of the lack of progress in Washington to deliver more financial aid.A “wake-up call and endorsement of Bitcoin”Talks between…

Ethereum L2 Movement Labs raises $38M for Move-EVM adoption
Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the Ethereum ecosystem.

Here’s a clever options strategy for cautiously optimistic Bitcoin traders
Bitcoin (BTC) entered an upward channel in early January and despite the sideways trading near $40,000, order book analysts cited "significant buying pressure" and noted that the overall negative sentiment might be heading towards exhaustion.Bitcoin/USD price at FTX. Source: TradingViewIndependent analyst Johal Miles noted that BTC's price formed a bullish hammer candlestick on its daily chart on…

Ripple Touts XRP Use in New Crypto Framework Suggested for India
American fintech firm Ripple has proposed a policy framework for regulating crypto in India amid local crypto uncertainty.In an effort to persuade Indian authorities to support fintech regulation and the growing crypto industry, Ripple issued a policy paper addressed to local legislators.India as a dominant use-case for cross-border payments and remittancesReleased on June 18, Ripple’s…

Stakeholders urge Nigeria to adopt compliance-focused crypto regulation
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.

Two more spot crypto ETFs launch on Australian markets
Both of the new Australian exchange-traded funds by 3iQ Digital Asset Management will feed from its existing Bitcoin and Ethereum ETFs listed on the Toronto Stock Exchange. 727 Total views 7 Total shares A further two cryptocurrency-backed exchange-traded funds (ETF) have launched on the Cboe Australia exchange on Monday, bringing the total amount of crypto ETFs available…

Finance Redefined: Never a dull day in DeFi! May 5-12
Never a dull day indeed. Today was among the busiest in recent DeFi memory, featuring a hack worth eight figures, a token dump worth upwards of eleven from none other than Ethereum co-founder Vitalik Buterin himself, a significant update on institutional adoption from Aave, and a proposal on Uniswap’s governance forums to turn $UNI into a…