Market makers sold over $300M Ether as ETH price crashed below $2,200

African crypto adoption has exploded in 2020, prompting fears of a heavy-handed regulatory response 2020 has seen an acceleration in African crypto adoption, with the continent emerging as the second-largest region for peer-to-peer (P2P) trading, and two African nations ranking in the top eight of the Chainalysis crypto adoption index.However, the booming growth has caught…

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.Top Stories This WeekUS SEC Releases Memorandum From Meeting Over Bitcoin ETF ProposalThe…

As tempting as it can be to buy altcoins using perpetual futures, there are a few hidden traps that one should monitor closely. Over the past few years, numerous exchanges began to offer altcoin futures quoted in Tether (USDT) and stablecoin pairs, which eventually became the standard. This change is more convenient for most traders but…

Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study." 598 Total views 5 Total shares Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s pick for…

Bulls pushed Bitcoin price to $18,000 but analysts still expect a ‘shallow’ correction before a new all-time high. 3526 Total views 23 Total shares Bitcoin (BTC) just set another 2020 high by rallying above $18,000 for the first time in three years.On Nov. 17 BTC price rallied to $17,858 after a high volume surge pushed…

Puerto Rico-based cryptocurrency trading platform San Juan Mercantile Exchange (SJMX) has launched banking operations via a new subsidiary, the company announced in a press release on April 2.SJMX, which exists as a membership-based exchange for digital asset traders, is seeking to expand the scope of its operations for institutional investors.The new venture, dubbed San Juan…

Amid the threat of dollar debasement, Kraken’s Jesse Powell believes Lamborghinis and Bugattis may be a better measure of Bitcoin’s value in the future. 1519 Total views 18 Total shares Appearing on Bloomberg, Kraken CEO Jesse Powell explained why he believes dollar-based long-term price predictions for Bitcoin are flawed, emphasizing the inflationary nature of fiat…

The collapse of numerous major crypto ecosystems in 2022 revealed the urgent need for revamping the way crypto exchanges operate. Ethereum (ETH) co-founder Vitalik Buterin believed in exploring beyond “fiat” methods to ensure the stability of crypto exchanges, including technologies such as Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (ZK-SNARKs). Following a discussion with angel investor Balaji…

Tron and BitTorrent CEO Justin Sun has donated $1.5 million to the Hupan University established by Alibaba’s co-founder Jack Ma, according to a press release shared with Cointelegraph on April 8.The Hupan University was launched in 2015 by Ma in a bid to help entrepreneurs and business owners learn core business skills needed for further…