Stargate Finance attracts $1.9B in six days
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Crypto Biz: Binance slashes costs, Ripple ready for US banks and crypto VCs return
The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. During the past few weeks, the crypto exchange reportedly fired over 1,000 employees and slashed some benefits. According to Binance, the “current market environment and regulatory climate” have caused a decline in profits, suggesting more…
How Traditional Financial Instruments Are Breaking Out in the World of Crypto
The crypto market has been brutalizing of late – but many traders don’t realize that there is a plethora of financial instruments out there. Each offer investors a new way to back crypto, without relying on the highs and lows of cryptocurrency prices in an erratic and volatile market.But what are these alternatives – and…
Coinbase officers, board members face suit over alleged insider trading during listing
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A Path of Challenges: Will CBDCs Prevail Over Private Blockchains?
Real innovations and breakthroughs don’t happen in the blink of an eye. Bitcoin (BTC) took many years to get to mainstream users since its inception in 2009. The bull market run in 2017 drastically improved crypto market volumes, but institutions still regarded it as another “dot com” bubble.Later, when distributed ledger technology, or DLT, was…
SNX hits multi-week highs as total value locked on Synthetix approaches $1 billion
Synthetix (SNX) spiked to its three-week high on Monday in reaction to a market-wide upside correction led by Bitcoin (BTC) and other top-cap digital assets.The Synthetix project’s native token reached $9.59 after rising four days in a row by up to 50%. That included a sharp 18.29% upswing in the previous daily session, sparked by…
What are Web3 games, and how do they work?
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Bears scattered as Bitcoin hit $40K, but pro traders remain cautious
Bitcoin (BTC) traders might be feeling extra euphoric after the recent 35% rally, but data suggests bears are not too worried because a similar breakout took place in mid-July and the price failed to hold the $40,000 support.To understand how bullish investors are this time around, let's take apart the derivatives data and look at…
83% of cryptocurrencies that peaked in 2018 are still down by 90%
Data compiled by Messari indicates that the 157 crypto assets that posted record highs in 2018 are still bumbling along at prices more than 90% down from their ATHs. 4371 Total views 15 Total shares Data published by crypto market data aggregator Messari shows that 83% of crypto assets that tagged all-time highs in January…