Kraken to end Monero support in European Economic Area
Monero’s price fell by 8% a day after Kraken announced it would stop supporting the privacy-focused cryptocurrency.
Related Posts
Ethereum price rises by 50% against Bitcoin in one month — but there’s a catch
The rise in the ETH/BTC pair is painting a bearish technical pattern, hinting at a potential correction. 1070 Total views 14 Total shares Ether (ETH), Ethereum's native toke, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, "the Merge," grows.ETH at multi-month highs against BTCOn the daily chart, ETH/BTC…
Chinese Mining Hardware Manufacturers to Fall Under US Tariff Increases
Major mining hardware producers, such as Bitmain, Canaan and Ebang, could be affected by recently imposed U.S. sanctions on Chinese goods, Hong Kong’s English-language newspaper South China Morning Post (SCMP) reports Tuesday, Oct. 16.Analysts cited by SCMP believe these tariffs could possibly affect China’s major mining hardware producers, as the technology was reclassified by the…
Bitcoin exchange balances trend back to historic lows as BTC withdrawals resume in January
BTC is coming off trading platforms again as prices dip into Q1 2022. 1265 Total views 25 Total shares Bitcoin (BTC) exchange reserves are back near record lows as 2022 sparks renewed appetite among buyers.Data from on-chain analytics firm CryptoQuant shows reserves across 21 exchanges at 2.308 million BTC as of Jan. 4.Exchanges return to…
What type of situation, if any, could crash Bitcoin? VC firm partner speculates
Early pandemic concerns crashed Bitcoin in 2020. What else could cause a similar reaction? 1336 Total views 5 Total shares During the market downturn in March 2020, Bitcoin (BTC) fell over 50% in value across a two-day period. Traditional financial markets also dropped vastly in March. Although Bitcoin posted a standout recovery, going on to…
Half of Uniswap v3 liquidity providers are losing money: New research
A recent study of Uniswap v3 pools revealed that on average, almost half of the liquidity providers are losing money due to impermanent losses. 2424 Total views 15 Total shares Recent research shows that impermanent losses have become an increasing issue for liquidity providers on Uniswap v3. A Nov. 17 report by Topaz Blue and the…
Ripple lawyer slams SEC use of 'crypto asset security'
Ripple's chief legal officer Stuart Alderoty says the term is “fabricated” with no legal basis.
BlockApps and Optimum Plan to Track Energy Usage on the Blockchain
Blockchain-as-a-Service (BaaS) company BlockApps has partnered with software consulting firm Optimum to develop a blockchain solution for tracking energy usage.A founding member of the Enterprise Ethereum Alliance (EEA), BlockApps is the developer of a cloud-agnostic blockchain platform, STRATO, designed to serve as a flexible base layer for various business network transactions and activities.Optimum is a…
Global crypto adoption could ‘soon hit a hyper-inflection point’: Wells Fargo report
The firm's global investment strategy team said it wasn't too early to invest in crypto, but clearing regulatory roadblocks would likely create "higher quality investment options" in the future. 452 Total views 3 Total shares Wells Fargo Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential…