Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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DeFi market fell off cliff in Q2 but users haven’t given up hope: Report
While on-chain activity slowed down, the DeFi industry has managed to retain most of its daily active users. 427 Total views 12 Total shares Despite the decentralized finance (DeFi) market suffering a 74.6% market cap decline in Q2, user activity has remained relatively resilient, says CoinGecko. In a report published by the crypto data aggregator on…
Cointelegraph Blocked in Russia
Cointelegraph's website has become widely inaccessible in Russia as authorities added the domain to a registry of blacklisted sites.The blacklistAlthough Cointelegraph has been publicly on a list of blocked sites since 2017, it was only yesterday, October 16, that the Russian Federal Service for Supervision of Communications, Information Technology and Mass Media, more commonly known…
Bitcoin is beating Warren Buffett’s ‘crypto bet’ in 2023
In 2023, Bitcoin (BTC) and Cathie Wood's Coinbase (COIN) investment are finally outperforming Warren Buffett's popular "crypto bet" in Brazil's fintech giant Nubank (NU). Bitcoin vs. crypto-exposure stocks NU, COINAs of March 17, Bitcoin's price is up nearly 55% year-to-date (YTD). In comparison, Nubank has risen by only 26%. Meanwhile, another crypto-exposure asset, namely Coinbase stock (COIN), has seen the…
Bitcoin’s short-term price prospects slightly improved, but most traders are far from optimistic
A mild sense of hope emerged among Bitcoin (BTC) investors after the June 18 drop to $17,600 becomes more distant and an early ascending pattern points toward $21,000 in the short-term.Bitcoin 12-hour USD price at FTX. Source: TradingViewRecent negative remarks from lawmakers continued to curb investor optimism. In an interview with Cointelegraph, Swiss National Bank…
Europe awaits implementation of regulatory framework for crypto assets
The global landscape of crypto-asset regulations is diverse and, even though it is getting more complex, many regulators are still choosing to wait and see how this space develops and what others will do. Right now, all eyes are on the European Union and its bespoke approach to regulating crypto assets.As part of an expansive…
Chinese Blockchain Rankings Released: EOS Still First, Ethereum Second, Bitcoin 15th
China has released its latest government-sponsored rankings of major cryptocurrencies, placing Bitcoin (BTC) in 15th, while EOS keeps its top spot. The rankings were released in a press release on Jan. 24.The crypto rankings by China’s Center for Information and Industry Development (CCID) were first announced in May last year. In this ninth edition of…
Sen. Warren: Biden administration worked to stop crypto being ‘dangerously intertwined’ with banks
The Massachusetts senator, an outspoken skeptic of crypto, applauded the efforts of FDIC acting chair Martin Gruenberg to separate digital assets from banking. 429 Total views 22 Total shares Referring to the events surrounding the collapse of FTX as “a handful of magic beans”, Massachusetts Senator Elizabeth Warren seemed to frame the “contagion” spreading through…
Hashdex sits down with SEC over spot Bitcoin ETF application
Asset manager Hashdex recently met with the U.S. SEC to address the regulator’s concerns over its application for a spot Bitcoin ETF. 595 Total views 6 Total shares Asset manager Hashdex recently held a meeting with the United States Securities and Exchange Commission to address the regulator’s concerns about its application to allow the Hashdex