BNB Chain to grow stablecoin ecosystem with new cross-chain bridge

There's no escaping it: the DeFi markets have cooled down over the past year.After breaking $180 billion in total value locked last November — coinciding with Bitcoin racing to a new all-time high of $68,700 — data from DeFiLlama shows the collective value of this market has now dwindled to around $40 billion.Nonetheless, experts remain…

Ether (ETH) price faced resistance after hitting the $1,970 level on July 3. A number of factors capped the rally, including higher odds of more interest rate hikes in the coming months and a tighter regulatory cryptocurrency environment.Macro headwinds from the FedBesides the external factors, the Ethereum network has faced withdrawals from its smart contract…

The major American theater chain wants to let customers buy movie tickets with crypto by 2022. 866 Total views 23 Total shares American cinema giant AMC Theatres is steadily approaching its goal of accepting cryptocurrency payments by year-end, now debuting crypto purchases for electronic gift cards.AMC customers can now buy digital gift cards with cryptocurrencies…

Coinbase CEO Brian Armstrong called the quarter a "turning point" for the company as it worked towards a more "financially disciplined" firm. 48 Total views 1 Total shares Own this piece of history Collect this article as an NFTCrypto exchange Coinbase managed to significantly narrow its net loss in the first quarter of 2023, due…

The funding rate of Bitcoin (BTC) has dropped to levels not seen since September 2020 as the price of Bitcoin plummeted below $52,000 on April 18. Quant trader and analyst Lex Moskovski says it shows fear has returned to the market.According to the data from Glassnode, the average Bitcoin futures funding rate across all exchange dropped…

The new feature offers end-to-end encrypted private messaging for anyone with a cb.id username, .eth domain, or Lens ID. Coinbase Wallet users can now send instant messages to each other using their Ethereum identities, according to a  July 12 blog post from Coinbase. The new feature relies on the Extensible Message Transport Protocol (XMTP), an…

A common saying in the investing world is “The trend is your friend,” a phrase that points to the idea that the majority of the time, sticking with the prevailing market trend will produce positive results.Some of the common metrics used to identify market trends include: technical analysis, which involves studying price charts to spot…

Assets under management for institutional funds have hit a record high of $59 billion. 2553 Total views 21 Total shares According to digital asset investment manager CoinShares, the first quarter of 2021 has hit a new record for institutional crypto product inflows.As reported in the April 6 CoinShares Fund Flows Weekly bulletin, Q1 of this…