DeFi Technologies slams ‘defamatory’ report that tanked its stock 28%
The ETP issuer says a Tuesday CoinSnacks report was likely “commissioned by short sellers,” which the crypto-focused newsletter has denied.
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DeFi projects rush towards Layer 2 as Ethereum clogs up
Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees. Decentralized finance (DeFi) protocols are racing to implement Layer 2 scaling solutions as Ethereum gas fees skyrocket and the network struggles under the demand.Popular DeFi platforms including Uniswap, Aave, and Synthetix are gettin closer to rolling out the…

Tether mints $1.3B USDT since market bottom — Can it push Bitcoin above $65K?
The newly minted stablecoins could help push Bitcoin’s price above the $65,000 resistance, which is the short-term whale holder's realized price.

Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?
Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity.The latest Macro Markets show begins by exploring why the crypto market capitalization is some 60%…

Max Keiser: Selling Bitcoin Now for ‘Fiat Debt-Coupons’ Is a Crime
Bitcoin (BTC) will be the only exit from the “global reset” of finance which will allow central banks to even destroy the banking system itself.That was just one conclusion from Simon Dixon, CEO of cryptocurrency funding platform BnkToTheFuture, in the latest episode of financial news program the Keiser Report on April 7. Dixon: “World’s largest regulated…

Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts
Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend.

India mulls cross-border CBDC interoperability system
RBI Governor Shaktikanta Das advocates a plug-and-play system to enhance cross-border payment efficiency and CBDC interoperability.

Law Decoded: Crypto on the rise, Big Tech on notice, Dec. 11–18
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Law Decoded will be going on a break next week for the holidays but will return in the new year. Editor’s noteAs the holidays loom, Bitcoin has been shattering all-time highs. For reasons why, consult Cointelegraph’s markets…

Tether signs MoU with Georgia to develop Bitcoin P2P infrastructure
The collaboration intends to bring changes to public administration and the business sector. Stablecoin issuer Tether has signed a memorandum of understanding (MoU) with the government of Georgia to develop Bitcoin and peer-to-peer (P2P) infrastructure in the country. The strategic collaboration between the Tether and the Georgian government will focus on building key infrastructure for a…