Crypto Market Witnesses Odd Relationship Between Bitcoin, Ether Volatility Metrics

770 million people in the world don’t have access to electricity. Many of them are on the African continent.In rural Africa there are at least two reasons for this: lack of disposable income and lack of infrastructure. Of the former, Africans might have access to electricity but may choose instead to ration funds for other…

Yat Siu, founder of Animoca Brands, believes NFTs are underutilized and can be a major component of digital capitalism, transforming industries such as rights management and education.Siu argues that the current lower valuations of NFTs indicate a healthier, more genuine interest in the technology’s utility, which could be crucial in addressing global financial inequality and

A significant number of Grayscale Bitcoin Trust (GBTC) shares have been bought in the secondary market this year at a deep discount to net asset value (NAV) in anticipation the trust’s conversion to an exchange-traded fund (ETF) will be approved by the U.S. Securities and Exchange Commission (SEC), JPMorgan (JPM) said in a research report

Risks surrounding the stablecoin tether (USDT) have been known for years, but they're commanding fresh attention as the amount outstanding swells to $25B.Federal Reserve Chair Jerome Powell. (Federal Reserve, modified by CoinDesk)Jan 27, 2021 at 2:00 p.m. UTCFirst Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)Bitcoin (BTC) was lower, though staying…

The Securities Commission Malaysia (SC) ordered Huobi Global to stop operations in the country, including disabling its website and mobile applications, because it is operating a digital asset exchange without registration.The regulator told the company to cease circulating, publishing or sending advertisements to Malaysian investors, according to an Monday announcement.Operating a digital asset exchange without…

news The author of two widely acclaimed books on cryptocurrency offered advice to developers building ethereum, the world’s second-largest blockchain, this weekend, arguing they should be careful to avoid fragmenting their technical community through infighting. Andreas M. Antonopoulos, whose books “Mastering Bitcoin” and “Mastering Ethereum” are now standards for developers learning both protocols, gave a keynote…

Daniel Shin, the co-founder of collapsed stablecoin issuer Terraform Labs, blamed former CEO Do Kwon for the company's implosion in May 2022 at his trial, South Korean news platform Munawa Broadcasting Co. reported Monday.Shin was indicted in April by South Korean authorities for his affiliation with the multibillion-dollar crypto enterprise and charged him with violating

The Federal Open Market Committee (FOMC) of the U.S. Federal Reserve concluded its two-day policy meeting Wednesday by resuming rate hikes after a one-meeting pause, raising its benchmark fed funds rate by 25 basis points to a targeted range of 5.25%-5.50%.The price of bitcoin (BTC) was little-changed at $29,300 in the immediate aftermath of the…

The European Union’s Market in Crypto Assets (MiCA) Regulations is the world’s first comprehensive legal framework for crypto-assets. The regulatory milestone aims to make the crypto industry in the Eurozone a transparent and secure environment for investors. MiCA Regulations apply to crypto asset issuers and service providers.Let’s look at what is covered under MiCA regulations