Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts

May 9, 2024
The Last Cryptocurency
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Cointelegraph Feed

If Solana recovers as quickly as it has in recent times approximately $125 million in short positions will be liquidated.

It's all about the 200-week EMA and the area just below $26,000 if Bitcoin bulls are to stand a chance, BTC price analysis says. 299 Total views 2 Total shares Bitcoin (BTC) recovered its weekly close losses on Aug. 28 as risk assets rose on China tax cuts.BTC/USD 1-hour chart. Source: TradingViewBTC price 200-week EMA…

SEC’s ‘one-dimensional’ approach is slowing Bitcoin progress: Grayscale CEO

Grayscale’s chief was the latest to take a swing at the authority for its so-called “regulation by enforcement” actions. 288 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe approach to crypto regulatory enforcement by the United States Securities and Exchange Commission (SEC) stalled the advancement of Bitcoin…

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Japan’s major banks back new stablecoin project for global trade

Project Pax, backed by Japan’s top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20.

Spatial digital art exhibitions to level up metaverse experiences

Art curators are “unframing” contemporary art to create interactive experiences for metaverse goers that more closely emulate IRL experiences. 175 Total views 49 Total shares In Decentraland’s third annual Metaverse Art Week held on Aug. 24–28, curators turned to new ways to utilize digital space to bring more interactive and true-to-life experiences of art. The metaverse…

NYDIG partners with Houston Rockets basketball franchise, plans to pay team in BTC

The deal seems to be part of a larger move for Rockets owner Tilman Fertitta, who is also the chairman and CEO of a restaurant group that recently launched a Bitcoin rewards program. 375 Total views 3 Total shares The New York Digital Investment Group will be paying the National Basketball Association’s Houston Rockets franchise…

Trump’s executive order a ’game-changer’ for institutional crypto adoption

Institutional cryptocurrency payments could become more popular thanks to Trump’s incoming crypto task force and CBDC ban.

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Critical bug identified and remedied in Circle’s Noble-CCTP

Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed.

Ethereum validators up 30% in a year, driven by institutional adoption

Institutional interest is increasing thanks to the capital efficiency introduced by restaking and liquid staking.

How blockchain can help reimagine a new state in Africa

Eche Emole, the co-founder of Afropolitan, explains how the nation-state experiment has failed, especially in Africa, and how blockchain can be used to reimagine a new state. 321 Total views 1 Total shares Own this piece of history Collect this article as an NFTOn episode 12 of Cointelegraph’s Hashing It Out podcast, Eche Emole, co-founder of…

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