BTC price needs to hold $70K next as Bitcoin weathers ECB rate cut
Bitcoin could be preparing an attack on liquidity at the $72,000 BTC price resistance line as the European Central Bank enacts its first interest rate cut in four years.
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Total supply of stablecoins dropped sharply for first time ever in Q2
A separate graph also saw USDC and BUSD supply drop sharply in May, however both have since rebounded and are close to being back to their respective all-time high levels. 190 Total views 3 Total shares The total supply of stablecoins saw its sharpest drop in history during Q2 2022, with stablecoin redemptions spiking as…
The UK cannot afford to send mixed messages on crypto
The United Kingdom is paving the road for cryptocurrency services, courting startups and established players alike while leading the way in pioneering regulation on stablecoins and nonfungible tokens.But a lot has changed. After two years of deliberations, European Union lawmakers achieved agreement on the Markets in Crypto-Assets (MiCA) regulation, marking a pivotal moment for harmonized…
Altcoins rally as bulls pile into large-cap tokens and layer-1 projects
EOS, LTC, ETC and ETH are just a few of the altcoins that chased after new multi-year highs as layer-1 projects saw an increase in trading volume. 7485 Total views 25 Total shares The cryptocurrency market provides investors with another day of 'altseason' as the majority of altcoins in the top 100 on CoinMarketCap rallied…
UK financial watchdog seeks crypto talent amid new crackdown
The FCA is planning to collect applications for its new role as head of the department of digital assets by early April. 234 Total views 3 Total shares The United Kingdom’s Financial Conduct Authority (FCA) is seeking senior executives with cryptocurrency-related expertise as the regulator is preparing to launch a new crypto department to regulate…
M^0 secures $35M Series A round for stablecoin issuance network
As part of the fundraising, M^0 has deployed its core protocol and on-chain governance mechanism on the Ethereum mainnet.
Shiba Inu developer says WEF wants to work with project to ‘help shape’ metaverse global policy
Shytoshi Kusama reported Shiba Inu could work alongside Facebook and Decentraland by working on metaverse global policy at the World Economic Forum. 607 Total views 5 Total shares The volunteer project lead and developer for Shiba Inu known only as ‘Shytoshi Kusama’ has reported on social media that the World Economic Forum, or WEF, wants…
‘Britcoin’ launch inches closer after Project Rosalind CBDC tests
A major study between the BIS and the U.K. central bank found a retail CBDC could make peer-to-peer payments cheaper and easier. 82 Total views 10 Total shares The Bank of England (BoE) is a step closer to launching its central bank digital currency (CBDC) dubbed “Britcoin” following the conclusion of a trial study called…
Augur Deploys V2 Upgrade, Integrates Features From DeFi
Decentralized prediction market platform Augur has completed its v2 upgrade, introducing a host of DeFi features onto the platform. Decentralized predictive betting market platform Augur (REP) has announced the successful deployment of its v2 upgrade.The upgrade is intended to address bugs and vulnerabilities identified with the existing platform and its rules surrounding betting markets, to…