Is Bitcoin price going to crash again?
Bitcoin price is offsetting Mt. Gox fears with favorable macroeconomic factors, yet some analysts forecast a potential drop below $50,000 in the coming weeks.
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BTC difficulty drops by the biggest margin since 2021
Bitcoin mining difficulty has dropped by its biggest margin since July 2021 amid difficult conditions for miners. 565 Total views 7 Total shares Own this piece of crypto history Collect this article as NFTTough market conditions continue to affect the Bitcoin (BTC) ecosystem as mining difficulty drops by its biggest margin since July 2021.A 7.32%…
Korean exchanges agree on emergency system in case of Terra-style collapse
Korea's leading exchanges have agreed to form a new emergency system that will spring into action within 24 hours should another Terra-style collapse threaten to come to pass.Under the new system, exchanges will convene to respond to sudden adverse market effects, such as what happened with Terra in May.The agreement came after five of the…
DeFi protocol Porter Finance shuts down bond issuance platform after just one month
The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform. 127 Total views 25 Total shares Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance…
The stablecoin boom won’t continue without decentralized interoperability
Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being up to speed with the trends. A November 2021 report published by the United States President’s Working Group on Financial Markets details the various measures to ensure stablecoin regulation is…
Apple secures rights to book on Sam Bankman-Fried for $5M: Report
The book on the former FTX CEO by ‘Big Short’ author Michael Lewis is scheduled to be released on Oct. 3, the day SBF's criminal trial in New York begins. Multinational technology company Apple has reportedly paid $5 million for the rights to author Michael Lewis’ upcoming book on former FTX CEO Sam Bankman-Fried (SBF)
Top 5 cryptocurrencies to watch this week: BTC, ETH, XTZ, KCS, AAVE
After declining for eight successive weeks, the Dow Jones Industrial Average rebounded sharply last week to finish higher by 6.2%. However, Bitcoin (BTC) has not been able to replicate the performance of the United States equities markets and is threatening to paint a red candle for the ninth week in a row.A positive sign is…
S.E.C. charges 5 for illegally promoting $2 billion Bitconnect Ponzi
The S.E.C. says five individuals "promoted a global unregistered digital asset securities offering." 3302 Total views 10 Total shares Three years and some unforgettable memes later, the Securities and Exchange Commission has announced that 5 individuals will face charges relating to promoting the Bitconnect Ponzi scheme. “The SEC's complaint alleges that these promoters offered and sold…
DeFi giant Aave hits a new high at $520, TVL rises to $4.96 billion
AAVE price rallied to a new high at $520, pushing the DeFi protocol’s TVL to $4.96 billion. 1379 Total views 10 Total shares Aave (AAVE) price has increased by 76% since the beginning of February and today the DeFi-token hit a new all-time high of $520. Currently Aave is the second-ranked DeFi platform by total…