Ethereum ETF sell-off signals more trouble — 10x Research

Cryptocurrency hedge fund Polychain Capital saw its assets under management (AUM) shrink from an erstwhile $1 billion high to $591.5 million in Q4 2018. The news was reported on by the Wall Street Journal on April 11.The WSJ’s sources attributed the steep decline to a drop in the value of the fund’s holdings amid a…

The funding will be used to further develop zkSync v2, which is currently live on testnet. 64 Total views 10 Total shares Matter Labs has announced a major new funding round to further develop the second version of its Ethereum-based rollups, zkSync.On Nov. 9, Matter Labs announced it had secured $50 million in a Series…

LUNA has outperformed almost every top-ranking cryptocurrency this week including Bitcoin despite the market turmoil. 393 Total views 60 Total shares A rebound rally in the Terra (LUNA) market this week risks exhaustion as the price retests a key trendline for a potential pullback.Descending channel risks LUNA declineLUNA has been trending lower inside a falling…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBitcoin price quickly climbs to $31,000, liquidating $100 million of shortsAs 2021…

The Winklevoss twins have big plans for a Gemini future in different Metaverses as they go head to head with archrival Meta. 1223 Total views 6 Total shares The Winklevoss twins’ crypto exchange Gemini will allocate capital from its $400 million funding round into building a “Gemini experience in different Metaverses.” Gemini announced that it…

EY is integrating its blockchain products with Polygon to mitigate the high fees and congestion associated with transacting on Ethereum mainnet for its enterprise clients. 649 Total views 35 Total shares Announced on Monday, EY’s flagship blockchain services including EY OpsChain and EY Blockchain Analyzer will be integrated with Polygon, allowing transactions to be committed…

The World Bank and the Commonwealth Bank of Australia (CBA), the country’s largest bank, have issued a public bond exclusively through blockchain technology, Reuters reports August 23. The World’s Bank official mandate for the project was first unveiled August 10. The A$100 million ($73.16 million) deal entails two-year bonds that will settle August 28 and…

Many Bitcoiners look forward to the day in the future when the banking system collapses and hyper-Bitcoinization occurs.But Jared Bibler — an American who experienced the most dramatic banking and share market collapse in living memory in Iceland in 2008 — says the reality is something no one would ever want to experience.“It’s a deep…

What is Bitcoin adoption like on the ground as peer-to-peer cash in the home of Bitcoin worldwide? Cointelegraph visits El Salvador to find out! 505 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe Bitcoin (BTC) white paper title describes Bitcoin as a “peer-to-peer electronic cash system.” So…