Here’s what happened in crypto today

Blockchain startup accelerator Cronos Labs has announced the launch of its second cohort for the Cronos Accelerator Program. The program, backed by a substantial $100 million investment, aims to support early-stage crypto projects by providing mentorship and funding opportunities. According to an announcement sent to Cointelegraph, Cronos Labs handpicked eight projects to participate in their accelerator…

A University of Berkeley professor has claimed stablecoins are a “myth” in a new critique published Tuesday, September 11.Taking the emerging market sector, which includes well-known assets such as Tether (USDT), to task, Professor of Economics Barry Eichengreen argues that stablecoins are not automatically “viable” just because they are pegged to reserves of, for example,…

Ether derivatives were unable to maintain elevated optimism levels, despite the potential spot ETF and recent macroeconomic data.

While challenges remain, Ripple’s victory has set a precedent that could shape the future of the cryptocurrency industry for years to come.

RSI is on route to repeating a trend break, which sparked "massive" BTC price moves twice in the last year, one analyst notes. 367 Total views 31 Total shares Bitcoin (BTC) circled the $38,000 mark into Jan. 30 as a "trappy" weekend still offered the chance of a solid weekly close.BTC/USD 1-hour candle chart (Bitstamp).…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.The recent rally in bitcoin has turned around sentiment completely. Analysts are…

Chicago-based crypto exchange ErisX has filed a comment letter with the United States Commodity Futures Trading Commission (CFTC) in response to the agency’s request for feedback on Ethereum (ETH)’s mechanics and market.The letter, submitted on Feb. 15, sets forth the exchange’s belief that “the introduction of a regulated futures contract on Ether would have a…

While Arbitrum’s governance token ARB has been in a consistent downturn since the airdrop in late March, its ecosystem shows healthy growth. A recent Nansen report shows that Arbitrum’s activity improved after the airdrop, stabilizing “at a level higher” than before the airdrop. The daily active users, gas fees and transaction count maintained consistent higher levels…