Ethereum price to $10K is the most 'asymmetric bet' in crypto — Analyst

Blockchain technologies can bring improvements to finance, given a regulatory framework, and links between DeFi and TradFi are being rapidly cemented already, Cunliffe said. 641 Total views 52 Total shares Bank of England Deputy Governor Jon Cunliffe shared thoughts on cryptocurrency regulation and decentralized finance (DeFi) in a talk on Nov. 21. He intended to…

Most transactions on XRP, EOS, and XTZ do not transfer any value, according to a new research study. 2451 Total views 87 Total shares Research has found the vast majority of transactions on EOS, Tezos and XRP do not transfer any value.According to a research paper released on pre-print site arXiv, only 2% of transactions…

Data published by Ganesh Swami, the co-founder of Ethereum (ETH) analysis firm, Covalent, indicates that decentralized finance, or DeFi, transactions are representing an increasing share of Ethereum block space at the expense of ETH transfers.Swami analyzed the gas costs incurred by Ethereum transactions over time in order to estimate the share of network activity represented…

Earlier this month, India’s Supreme Court delivered its verdict in a landmark case that promised to usher in a bullish era for cryptocurrency in the country. The Court ruled to overturn a circular from the Reserve Bank of India (RBI) — issued back in April 2018 —  which had banned banks’ services to all crypto-related firms. Not…

Ethereum (ETH) is all set to transition to a proof-of-stake (PoS) network by Sept. 15-16 that would see an end to its current proof-of-work (PoW) chain. This event would eliminate PoW mining from the Ethereum ecosystem.The terminal total difficulty has been set to 58750000000000000000000.This means the ethereum PoW network now has a (roughly) fixed number of hashes…

While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm.

A significant crypto market slump has brought concern and alarm, but also some unexpected side benefits. One such benefit comes from how financial regulators in the United Kingdom now appear sufficiently relaxed about crypto and its growth that they can take their time to carefully consider fair regulation. Without the pressures of a rapidly climbing crypto…

The idea of issuing a central bank digital currency (CBDC) is too attractive to ignore, a postdoctoral researcher from the University of Luxembourg wrote in a study. The research was shared by the Oxford Business Law Blog on Friday, Feb. 22.Hossein Nabilou, a postdoctoral researcher at the Faculty of Law, Economics, and Finance of the…

Bitcoin (BTC) hit new month-to-date lows overnight into April 4 as fresh rumors over the biggest exchange, Binance, spooked fragile markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price returns to $28,000 after weekly loData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $27,240 on Bitstamp.Its lowest since March 28, the performance followed an…