Bitcoin traders risk-off as BTC price falls to $62K — Is a generational bottom approaching?

Access to CBDCs reduces banks’ need to insure against liquidity risks and gives policymakers greater information about trouble in the financial system, according to the study. 221 Total views 4 Total shares The introduction of a central bank digital currency (CBDC) may increase the stability of a banking system, according to a paper released Tuesday…

Decentralized storage and computing network Aleph.im raised fresh funds to face Amazon Lambda as a decentralized alternative. 252 Total views 3 Total shares The competition among the computing networks is warming up, with decentralized players coming into the stage with backing from the crypto ecosystem.Decentralized storage and computing network Aleph.im completed a $10 million funding…

The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations. 169 Total views 1 Total shares The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a consultative paper on Markets in Crypto-Assets (MiCA) mandates on July 12. It was the first of three consultative…

Despite the surging crypto market rally, Nvidia believes its record first-quarter earnings are the result of high demand from the gaming industry. 858 Total views 1 Total shares Nvidia, a leading manufacturer of graphics processing units, or GPUs, has announced record earnings for Q1 2021. However, the firm has downplayed the role of the crypto…

Canadians are being asked what features they wish to see in a digital Canadian dollar even though there are no plans yet to issue one. 140 Total views 3 Total shares Canadians are being asked to submit what features they want to be included in a potential digital Canadian dollar, with the country’s central bank…

DCG suggests a new deal in Genesis bankruptcy, offering unsecured creditors 70%–90% baseline recovery; if approved, it would involve the renegotiation of a $630-million loan between Genesis and DCG. 1169 Total views 6 Total shares Digital Currency Group (DCG) has proposed a new agreement plan for the creditors of the now-bankrupt Genesis Global that would

Bitcoin (BTC) continued its downtrend on Nov. 7, barely keeping support above $9,200 as market commentators stay realistic about the future.Cryptocurrency market daily overview. Source: Coin360“Much bigger” BTC price move could come this weekData from Coin360 shows BTC/USD down 1.6% on the day, circling $9,250 after a sudden dip saw markets bounce off $9,200.That level…

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TSMC, the world’s largest independent semiconductor foundry and chip supplier for Bitmain, is facing multiple lawsuits from its competitor GlobalFoundries (GF).Alleged patent infringement GF, the second biggest semiconductor foundry by sales after TSMC, filed several lawsuits in the United States and Germany, accusing Taiwanese TSMC of infringing on 16 GF patents, according to an official GF…