Futurama can’t stop making fun of crypto and blockchain

The speculation regarding the U.S. Federal Reserve’s tightening cycle and recent geopolitical developments may have resulted in panic selling by short-term traders. Analysis from Glassnode suggested that traders who had purchased Bitcoin (BTC) near the November 2021 high liquidated their positions in the past two and half months. This supply was absorbed by high conviction…

Bitcoin (BTC) trading has hit a giant new record yet again in Venezuela as the country’s crippling hyperinflation continues to play out.Localbitcoins volume up 48%Data published on Sep. 2 from monitoring resource Coin Dance, which tracks trade volumes on P2P crypto exchange platforms, showed Venezuelans traded more last week than ever before.In the seven days…

Optimism (OP) is a Layer 2 scaling solution, which operates as a separate blockchain built on top of Ethereum. Despite having a smaller total value locked (TVL) than its rivals, Optimism may still have the potential to thrive in the increasingly competitive DeFi landscape. Being one of the pioneers in the DeF space, Optimism initially gained…

Bitcoin (BTC) has been trading in a descending channel pattern since its $67,000 all-time high on Oct. 20, which was just one day after ProShares’ Bitcoin Strategy ETF (BITO) debuted at Nasdaq.However, bulls have a sufficient number of incentives to peg Bitcoin's price above $60,000 on Oct. 29 when the $3.2 billion monthly options expiry…

New research suggests that during the height of COVID-19, the number of people searching for a furry friend to keep them company hit new highs – not only physically but also in the Metaverse. The question is, are tokenized pets here to stay, or are they a pandemic fad?The Metaverse is widely regarded as the…

Bitcoin (BTC) is on track to close the week with gains of more than 23%. The banking crisis in the United States and Europe seems to have boosted buying in Bitcoin, indicating that the leading cryptocurrency is behaving as a safe haven asset in the near term.All eyes are on the Federal Reserve’s meeting on…

The Thai Securities and Exchange Commission (SEC) says they have seen increased interest in licenses to operate initial coin offerings (ICOs) following the Finance Ministry's announcement to introduce ICO regulations, the Bangkok Post reported August 8. The SEC secretary-general Rapee Sucharitakul told the Bangkok Post said that almost 50 ICO projects have expressed interest in…

Friday, Dec. 28 — markets have taken a renewed plunge, with virtually all of the top 100 cryptocurrencies in the red and many high market cap alts seeing losses of between 5 and 12 percent, as data from Coin360 shows.Market visualization by Coin360Fourth-largest cryptocurrency Bitcoin Cash (BCH) has led the downturn, seeing a steep 12.15…

While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia. 383 Total views 25 Total shares Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission charged cryptocurrency lending firm Genesis Global…