Real-word asset tokens can stabilize DeFi — Market observers

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.Though institutional players have been dabbling in cryptocurrencies, they are yet…

Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHang Seng drops most since 2008Data from Cointelegraph Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of $19,700 overnight.Despite what Michaël van…

European Union President Ursula von der Leyen also called for a global AI governance body during the 2023 State of the Union address. 144 Total views 42 Total shares European Union President Ursula von der Leyen announced a new initiative to give artificial intelligence (AI) startups expedited access to European supercomputers.The announcement came during the

Elizabeth Warren’s office has allegedly confused top 10 DeFi protocol MakerDAO with an early experiment in decentralized autonomous organizations that failed in 2016. 782 Total views 32 Total shares Recent dialogue between MakerDAO developers and the office of anti-crypto Senator Elizabeth Warren’s has revealed a concerning lack of familiarity with the current decentralized finance (DeFi)…

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Bitcoin (BTC) achieved a bear market first on June 18 as BTC price action gave up $20,000 support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price crosses under 2017 all-time highData from Cointelegraph Markets Pro and TradingView confirmed BTC/USD sliding under $20,000 for the first time since December 2020, reaching press-time lows of $19,066.As nerves heightened after…

Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution. 254 Total views 7 Total shares

When blockchain technology began to expand beyond Bitcoin (BTC) and into more general-purpose applications, many within the industry saw an opportunity to remake key financial infrastructure using this technology. They soon came to realize that this novel technology with game-changing potential lacked the reliability and performance that would allow it to compete with industry stalwarts,…

But Bitcoin Suisse still has "many options on the table," says the firm's CEO. 2002 Total views 9 Total shares Switzerland's Financial Market Supervisory Authority — the country's principal financial regulator — has denied Bitcoin Suisse's application for a banking license. According to an official announcement on March 17, Bitcoin Suisse's current application is ineligible for…