BTC $77K rally won't spark overvaluation fears like stocks: Bitwise CEO
Bitcoiners don’t fear overvaluation the way stock traders do, says Bitwise Invest’s CEO, after Bitcoin reached new all-time highs this week.
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Crypto Biz: Worldcoin expands, Saudi Aramco considers digital assets, and more
Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets, taking advantage of the crypto winter to build and find a market fit for crypto-related solutions.Recent examples include Deutsche Bank’s asset management arm, DWS, which announced a new venture with Galaxy Digital and Flow Traders to jointly issue a euro-denominated stablecoin. In

Congress weighs crypto payments and fintech lending in hearing today
Despite skepticism about loosening regulations on loans, the Fintech Task Force couldn't stop talking about crypto as a way of upgrading payments in the U.S. In a hearing on Tuesday, the Congressional Fintech Task Force heard arguments on new rules that would potentially expand banking regulations to accommodate more technology firms providing financial services.A subunit…

NFT market OpenSea teases token launch
The token launch is part of a broader revamp of the protocol, which its CEO says became too “corporate.”

Bitcoin drops to $11.1K as USD currency index frustrates BTC price
An uptick in the USD currency index produces an instant plunge for BTC/USD, with the largest cryptocurrency sinking 5% on the day. Bitcoin (BTC) fell 5% to retest $11,000 on Sept. 2 as fresh strength in the U.S. dollar currency index appeared to spell trouble.Cryptocurrency market daily snapshot, Sept. 2. Source: Coin360BTC/USD sees sharp $12,000…

Four things Google Gemini users will be able to do soon
Google boss Sundar Pichai unveiled that its AI model Gemini is getting put into a slew of the company’s products and services, including its flagship Search product.

Coinbase chief legal officer responds to SEC disclosure FUD
Paul Grewal, the chief legal officer of Coinbase, highlighted that the funds of customers are protected legally and physically. 1354 Total views 38 Total shares As fears surrounding the Coinbase exchange run wild, Paul Grewal, the chief legal officer of Coinbase, assured customers that their funds are safe within the exchange. In an SEC disclosure made…

Halving Will Be ‘Non-Event’ for BTC Price: Morgan Creek Digital Exec
Bitcoin’s (BTC) 2020 block reward halving continues to generate mixed opinions regarding price performance, as one analyst suggests its impact will be next to nothing.In a tweet on Dec. 1, Jason Williams, co-founder at digital asset fund Morgan Creek Digital, said that unlike many others, he believed markets would not move as a result of…

Moonbeam (GLMR) launch brings EVM interoperability closer to the Polkadot network
Cross-chain compatibility with the Ethereum (ETH) network has become a necessary component for any layer-one protocol looking to remain relevant because a majority of projects and funds locked in smart contracts are found on the top-ranked smart contract platform. After years of development and promises of interoperability, the Polkadot network moved toward its first Ethereum virtual…