Derivatives data favors Ethereum bulls even with this week’s crash below $3K

The film will reportedly focus on what led to Ross Ulbricht’s arrest as the founder of the darknet marketplace. 1740 Total views 6 Total shares Silk Road founder Ross Ulbricht’s story is coming to the silver screen in 2021 following an announcement from major entertainment company Lionsgate.According to Deadline, Lionsgate has acquired the rights to…

On a net basis, however, the supply of Ether is still inflating at about 1.2% per year. 931 Total views 42 Total shares In a Twitter post published Wednesday, blockchain research firm CryptoRank revealed that over 1 million Ether (ETH) worth $4.24 billion had been burned since the introduction of the EIP-1559 protocol in August…

Institutional interest for digital assets continues to grow rapidly, demonstrating that cryptocurrencies, stablecoins and nonfungible tokens (NFT) are here to stay. At the same time, traditional financial institutions are beginning to understand the dire need to properly support digital assets. For example, although payments giants such as Mastercard and Visa currently offer crypto-enabled credit and…

Cointelegraph analyst and writer Marcel Pechman explains why debt might be good for Bitcoin, and discusses JPMorgan’s method for trading debt instruments. 338 Total views 2 Total shares In the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the United States Federal Reserve’s delicate balancing act of curbing inflation without causing a recession…

The Reserve Bank of India is getting ready to launch its own central bank digital currency. 1889 Total views 9 Total shares Indian authorities continue to express support for a government-backed digital currency to replace privately-issued cryptocurrencies.According to Bloomberg, RBI governor Shaktikanta Das has expressed the central bank’s determination to create a digital rupee. According…

Big Four audit firm Ernst & Young (EY) has argued that the now-shuttered Canadian crypto exchange QuadrigaCX should be placed in bankruptcy instead of being restructured as part of ongoing creditor protection proceedings. EY proposed the course of action in its “Fourth Report of the Monitor” filed with the Supreme Court of Nova Scotia on…

Researchers affiliated with the Canadian central bank identified weak points in DeFi lending protocols and reported on the potential they saw for mitigating them. 118 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe Bank of Canada has released a working paper that examines lending protocols in decentralized…

Former Google analytics advocate and current CMO for software startup Think3, Adam Singer, went on a rant about the crypto space recently. In the midst of rising prices, Adam Singer showed his disapproval of the entire crypto space, describing it as cultlike. "Bitcoin went from a creative economic experiment to cult of over exposed, get rich…