Bitcoin traders expect price pullbacks, but $73K remains the short-term target

Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter.In a week where DeFi’s parabolic growth continued, elsewhere, the United States Securities and Exchange Commission Chair Gary Gensler threatened to tackle stablecoins.What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s developments over the last week…

The popular metric suggests the Bitcoin bull run is beginning, not ending, according to a report from Stack Funds. 2251 Total views 10 Total shares Bitcoin (BTC) may have hit new all-time highs of $37,600, but one indicator suggests that yet another bull run is incoming.Released in the latest weekly report from Stack Funds, data…

The game uses the Polygon blockchain and currently runs in most browsers.

This edition of Cointelegraph’s VC roundup features Cysic, WeatherXM, GaiaNet, Switchboard, API3, and Scrypt.

Bitcoin held in long-term holder wallets has topped $10 billion amid its price falling below $60,000.

The merger, which will create the company 'New Hut', is still subject to court and regulatory approval by U.S. and Canadian authorities. 141 Total views 2 Total shares Own this piece of history Collect this article as an NFTCanada-based cryptocurrency mining company Hut 8 Mining has announced plans to merge with U.S. Bitcoin to form…

While some lawmakers expressed their eagerness to quick up the regulatory progress, others blamed the SEC in FTX’s monopoly. 268 Total views 2 Total shares Last week was tough — the alarming series of crypto meltdowns continued with the failure of FTX, one of the biggest exchanges on the market. The crypto industry’s very own…

Vitalik Buterin, the co-founder of Ethereum, tweeted a message to thank everyone that helped make the Merge happen. 635 Total views 6 Total shares As the Merge successfully shifted the Ethereum network to proof-of-stake (PoS), the ETH community seized the opportunity to celebrate by dropping artworks and music inspired by Ethereum. Nonfungible token (NFT) artist Beeple,…

While many nonfungible token (NFT) projects continue to suffer losses due to the bear market, a number of organizations have begun using NFTs to solve real-world problems. In particular, NFTs for subscription/membership-based models, or loyalty programs, are gaining traction. This point was highlighted in Forrester’s 2023 NFT and metaverse predications report, which notes: “Brands will pivot…