Dogwifhat, Popcat lead 7-day crypto slump, traders eye Oct breakout
Traders are bracing themselves for more pain in September but are looking to October and November with renewed optimism.
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Qtum, Status (SNT) and Iota (MIOTA) rally after breaking multi-year downtrend
Shortly after Tesla announced that it will allow customers to buy products with Bitcoin (BTC), a curious job posting from Amazon suggests that the company could also be working on a platform that will allow customers in Mexico to use digital currencies for making payments.If Amazon jumps on the crypto bandwagon, it will immensely strengthen…
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Warren’s battle to curtail crypto gets boost from Ukraine conflict
In a July 2021 interview, Massachusetts Senator Elizabeth Warren likened crypto regulation to the drug regulation initiatives of a century ago, which she claimed put an end to the sale of “snake oil” and laid the basis for the creation of the modern drug industry. This reflected her earlier statements about the digital currency market…
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Report: Governance remains highly centralized on many DeFi projects
Top holders control vast amounts of supply. 1903 Total views 24 Total shares A new report jointly developed by DappRadar and Monday Capital analyzes the token distribution and governance proposals seen in major DeFi protocols. Despite efforts to decentralize control in the yield farming phase, the researchers maintain that many projects — especially those with…
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MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan
The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy's current 125,051 BTC holdings worth roughly $6 billion. 609 Total views 9 Total shares MacroStrategy, a subsidiary of business intelligence firm MicroStrategy, said it will purchase Bitcoin after obtaining a multimillion dollar loan from Silvergate Bank.In a Tuesday announcement, MicroStrategy said Silvergate…
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Bitcoin ‘on brink of strong breakout’ says analyst ahead of Coinbase IPO
$60,000 may soon go the way of $20,000, filbfilb believes, but a potential sell-off around the Coinbase IPO means April could yet spark problems for bulls. 2827 Total views 20 Total shares Bitcoin (BTC) is primed for a price breakout after beating out volatility, but April may still produce a surprise sell-off.In his latest market…
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Crypto Needs to Meld With Legacy Financial Systems for Mass Adoption
Mass adoption. It’s a mantra touted often in this space and what every crypto company is working toward. While tremendous progress has been made in the past 10 years on driving crypto awareness and improving user experience, we still aren’t there yet in terms of mass utilization. In order for real adoption to occur, the…
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Meta’s letting Xbox, Lenovo, and Asus build new Quest metaverse hardware
Each company has its own special plans for the Quest mixed-reality device.
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Bitcoin theft is likely to surge in meager post-COVID economy: report
Cybercriminals may favor a different cryptocurrency in the coming months, however. 1467 Total views 9 Total shares Cryptocurrency-related fraud and theft are likely to grow in the post-COVID-19 world, according to a new report by cybersecurity and anti-virus provider, Kaspersky Lab.Securelist, Kaspersky’s cyberthreat research arm, published a report on cyberthreats to financial organizations, forecasting some…