Bought the dip? 3 signs that $90K Bitcoin price was the local bottom
The latest Bitcoin price pullback toward $90,000 was likely a buy-the-dip opportunity and in line with previous bull markets, several key market metrics suggest.
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Stage One of ‘Risky’ EOS Worker Proposal System Approved
Block producers have approved the first stage of the implementation of a controversial EOS governance change that allows any user to propose network rule changes.EOS blockchain explorer Bloks shows that the first phase was approved on March 24. EOS Nation — the block producer (BP) who proposed the system — claimed in a recent tweet…
European Central Bank Policymaker Says Stablecoins Not Cause for Alarm
A European Central Bank (ECB) official has stated that users should be aware of the risks associated with the stablecoins use, but not to be alarmed.As Reuters reported on July 18, member of the ECB’s governing council and president of the Deutsche Bundesbank, Jens Weidmann said that stablecoins — digital currency designed to minimize price…
55% of the world’s top 100 banks reportedly have crypto and blockchain exposure
Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects. 706 Total views 4 Total shares Global banking giants are reportedly increasing their involvement in the emerging crypto and blockchain firms by way of early- and late-stage funding for projects and businesses…
Bakkt sheds more than 6% on first of public trading
The price of BKKT contracted by more than 6% during its first day of public trade. 351 Total views 30 Total shares Bakkt ($BKKT), an institutional and retail-facing digital asset platform founded by Intercontinental Exchange, has suffered a drawdown of -6.4% after closing a volatile first day of trading as a publicly listed company.After launching…
CFTC Is Waiting on SEC to Allow Futures Trading of More Digital Assets, Says CFTC Chairman
Chairman Tarbert of the CFTC wants to see more clarity on which tokens are securities within the U.S. as well as broader international cooperation on regulation. In a July 7 interview with predecessor Jim Newsome, current Chairman of the Commodity Futures Trading Commission (CFTC) Heath Tarbert ran down a list of pending concerns standing between…
Sam Altman’s OpenAI ouster sees rollercoaster Worldcoin price
Sam Altman’s eye-scanning world ID project saw its token price go on a wild ride over the weekend after he was fired by OpenAI. 322 Total views 2 Total shares Worldcoin (WLD), the token of Sam Altman’s retina-scanning project of the same name, saw major volatility over the past few days as he was ousted
Ripple announces exchange partners for RLUSD stablecoin
More regulatory-compliant stablecoins like RLUSD could benefit mainstream crypto adoption worldwide.
Reserve Bank of India Confirms It Is Looking Into Making a Central Bank Digital Currency
India’s central bank, the Reserve Bank of India’s (RBI), has confirmed the creation of an inter-departmental group tasked with analyzing the feasibility of issuing a rupee-backed central bank digital currency (CBDC), the Economics Times reports August 30.The group’s establishment and focus was detailed in the bank’s Annual Report 2017-18, confirming earlier details that followed a…