Crypto News Roundup for Nov. 1, 2021
Markets Daily Crypto Roundup
With crypto markets trading sideways near all-time-highs and a look at how we may already be living in a post-scarcity world, CoinDesk’s Markets Daily is back with the latest news roundup.
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Should the Government Have a Say in Where You Can Invest?
Dec 19, 2019 at 20:00 UTCAccredited investor laws block most of the US out of technology and other types of early stage risk investing, but as the ICO boom showed, not being allowed to do something doesn’t mean that people don’t want to do it.The SEC announced prospective changes to those laws that could expand…

Can Crypto Match the Internet and Hit 5B Users?
By now, many of us have seen this graph comparing internet adoption to crypto adoption.(World Bank, Crypto.com)Crypto is adding new users at a pace so similar to the internet’s 1990s growth that it can fuel stunning forecasts for what’s ahead for digital assets.The internet went from basically no users in 1990 to 5 billion now…

Ether’s Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat Global
Fundstrat strategist David Grider based his bullish prediction in part on the promise of Ethereum's technology.Jan 20, 2021 at 3:30 p.m. UTCUpdated Jan 20, 2021 at 3:42 p.m. UTCEther’s Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat GlobalEven after setting a new record high of $1,439 on Monday, the rally for Ethereum’s ether…

Renzo Restaked ETH Suffers a Brief Crash on Uniswap
Renzo restaked ETH (ezETH) crashed as low as $750 early Wednesday, trading at a massive discount to wrapped ether (WETH).The sell-off was likely catalyzed by users looking to reclaim their ETH in low liquidity conditions and large liquidations of ezETH-collateralized positions.Renzo restaked ETH (ezETH), the liquid restaking token representing a user's restaked position at Renzo

Iranian Lawmaker Says Bitcoin Should Be Central Bank’s Turf
Jun 2, 2020 at 21:00 UTCUpdated Jun 2, 2020 at 21:01 UTCIran flag (Credit: Shutterstock) Iranian Lawmaker Says Bitcoin Should Be Central Bank’s TurfAn Iranian lawmaker wants his country’s central bank to take bitcoin seriously. Representative Mohammad Hossein Farhangi (Tabriz), speaking Tuesday before the nation’s parliament, called on the Governor of the Central Bank of…

Shibarium Crosses 600K Unique Wallets as SHIB Whale Moves $38M
Some 600,000 wallets have conducted over 700,000 transactions on the Shibarium network a week after a botched launch was solved, showing signs of resilience among the platform’s loyal supporters.Token withdrawals out of the Shibarium bridge are now live and available to users, weeks after a much-hyped launch quickly fizzled out after being riddled with software

The ‘Skull of Satoshi’ Proves Bitcoin Mining Discourse Isn’t Dead
Last week, Benjamin Von Wong unveiled an art installation he was commissioned to create by Greenpeace USA for its “Change the Code, Not the Climate” campaign. The $5 million campaign is funded by Ripple co-founder Chris Larsen and aims to change Bitcoin's proof-of-work (PoW) consensus algorithm through a “code change” in order to save the…

Ethereum 2.0 Explained in 4 Easy Metrics
Jan 8, 2021 at 4:29 p.m. UTCVisualization of gas prices on Ethereum, 2019( Wikipedia Commons)Ethereum 2.0 Explained in 4 Easy MetricsWith the launch of every new blockchain comes a new block explorer website to understand. Block explorer sites offer real-time updates on network activity. Normally, they feature information on blocks, transactions and fees. On Ethereum 2.0,…