Pepe gains 30% in a week as memecoin trading volumes explode
Pepe’s trading volumes tripled over the past week, triggering a strong double-digit rally in the frog-themed memecoin.
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Japan to lift the ban on foreign stablecoins like USDT in 2023: Report
None of the 31 crypto exchanges registered with Japan's Financial Services Agency are currently offering trading in stablecoins like USDT or USDC. 111 Total views 5 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTJapanese regulators are reconsidering some major cryptocurrency restrictions related to the use of stablecoins like Tether (USDT) or USD…
Base network has officially launched: Here’s how it can be used
Coinbase’s Base network has officially launched after spending a few weeks in an “open for builders only” phase. The network is now ready to onboard users, according to an Aug. 9 announcement from the team.Several Web3 development teams have simultaneously announced that they are releasing apps for Base, and the network’s team has released a…
Bitcoin gives ‘encouraging signs’ — Watch these BTC price levels next
Bitcoin (BTC) headed toward the upper end of its trading range on June 24 as optimism crept back into traders’ forecasts.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin price "ready for $23,000"Data from Cointelegraph Markets Pro and TradingView tracked a broadly stable BTC/USD as it hit local highs of $21,425 on Bitstamp.The pair had shifted higher…
Testimony Preview: ‘Dr. Doom’ Nouriel Roubini to Take on Crypto at US Congress Hearing Today
American economist Nouriel Roubini has prepared his “debunking” of the crypto and blockchain space in a 30-page testimony set to be delivered at a U.S. congress hearing.The hearing will be held today, Oct. 11 by the U.S. Senate Committee on Banking, Housing and Urban Affairs, and is devoted to "Exploring the Cryptocurrency and Blockchain Ecosystem."…
Axie Infinity to compensate Ronin exploit victims and relaunch bridge
Once the bridge reopens on Tuesday, users will be able to withdraw one ETH for each one they possessed before the attack. 460 Total views 9 Total shares Sky Mavis, the creator of the play-to-earn game Axie Infinity (AXS), announced that it will reimburse victims of the Ronin bridge hack and reopen the bridge next…
IMF Official Says Public-Private CBDC Offers Best of Both Worlds
Tommaso Mancini-Griffoli, a representative from the International Monetary Fund, believes that a synthetic private-public partnership could be the best way forward for a central bank digital currency. Mancini-Griffoli, the IMF’s Monetary capital markets department deputy division chief, joined the Money Movement’s latest live session on May 26. The show, which is hosted by Circle CEO Jeremy…
US Treasury yields are soaring, but what does it mean for markets and crypto?
Across all tradeable markets and currencies, U.S. Treasuries — government bonds — have significant influence. In finance, any risk measurement is relative, meaning, if one insures a house, the maximum liability is set in some form of money. Similarly, if a loan is taken from a bank, the creditor has to calculate the odds of the…
Bitmain Launches ‘World’s Largest’ Bitcoin Mining Facility in Texas
Chinese cryptocurrency hardware manufacturer Bitmain has opened what it claims is the “world’s largest” facility for Bitcoin (BTC) mining in Rockdale, Texas. In a news release published on Oct. 21, Bitmain revealed the project had been completed together with the Rockdale Municipal Development District and Canadian technology firm DMG Blockchain Solutions.Pledges to boost the local economyThe news release…