Ethereum enters ‘scarcity mode,’ paving the way for ETH rally to $6K — Analyst

Once the bridge reopens on Tuesday, users will be able to withdraw one ETH for each one they possessed before the attack. 460 Total views 9 Total shares Sky Mavis, the creator of the play-to-earn game Axie Infinity (AXS), announced that it will reimburse victims of the Ronin bridge hack and reopen the bridge next…

There is only one month left until the United States tax season. After being extended due to the COVID-19 pandemic, the official deadline to file tax returns is now July 15.If you think that the U.S. Internal Revenue Service is all hung up on dealing with the COVID-19 stimulus package and will not carefully examine…

The decision by Crypto.com comes just within a month of BlockFi’s $100 million penalties for its lending products, as many speculate regulatory clampdown could be the potential reason behind the decision. 947 Total views 8 Total shares Crypto.com is reportedly giving users from countries restricted from its loan program until March 15 to repay their…

Into The Cryptoverse founder Benjamin Cowen says if supply keeps increasing it will "revert" to similar levels before the Ethereum Merge in September 2022.

In his latest ill-fated tweet, "Dr. Doom" Roubini spells out the death of cryptocurrency again, just as XRP gains 35% and Bitcoin aims for new all-time highs. 2081 Total views 9 Total shares Bitcoin (BTC) naysayer Nouriel Roubini believes that incoming U.S. president Joe Biden will go much further than Donald Trump in controlling cryptocurrency.In…

British regulators have identified the stablecoin market as their primary assignment amid efforts to create a legal framework for virtual currencies in the country. 2378 Total views 11 Total shares John Glen, the United Kingdom's financial services minister, has said that stablecoins will be the main focus of the government’s crypto regulatory activity.Glen made delivered…

The municipal government of Beijing has unveiled a 20-point plan to accelerate the development and deployment of distributed ledger technologies (DLT) and turn Beijing into both a global and national hub for blockchain tech.According to an announcement published on July 1, the plan seeks to “promote theoretical innovation, technological breakthroughs, [...] talent cultivation,” and “create…