US lawmakers divided in first Congressional hearing on DeFi
Pro-crypto Representatives noted the need for a freer financial system, while more skeptical lawmakers blamed DeFi for crime, scams and tax evasion.
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Guggenheim CIO under fire for the timing of his changing BTC sentiment
The CIO of Guggenheim is under fire on social media for expressing different views about Bitcoin, seemingly on either side of a big investment. 2231 Total views 13 Total shares Guggenheim CIO Scott Minerd’s apparent shift from bullish to bearish and back again on either side of an SEC filing pertaining to a half billion…
Crypto-Enabled Investment App eToro Gets Ready to Issue Debit Cards in UK
EToro is reportedly moving ahead with its debit card plans as it acquires a U.K. Visa Principal Member. 1530 Total views 20 Total shares The crypto-enabled investment app eToro is set to launch its debit card in the United Kingdom as it acquired Marq Millions Ltd, a licensed e-money business holding a principal Visa membership.As…
EToro, The Tie to Track Crypto Sentiment on Twitter for Investors
The social trading and investing platform eToro has partnered with analytics and finance management startup The Tie to launch a sentiment-based analytical tool to track people’s perception of cryptocurrencies.EToro unveiled the new strategy, dubbed TheTIE-LongOnlyCopyPortfolio, in an official announcement on Oct. 15. The strategy analyzes digital currency-related conversations, processing 850 million tweets every day by…
Can Ethereum crack $2K? ETH price inches closer despite new unlocked supply
Ethereum staking withdrawals are gathering momentum but have not been able to cause a major sell-off as many anticipated post-Shapella upgrades. 858 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe price of Ethereum’s Ether (ETH) token edged toward $2,000 a day after the launch of the network’s…
Study: Bitcoin Whales Are Not Responsible for Volatility
A new study by blockchain research firm Chainalysis shows that Bitcoin (BTC) whales are not responsible for price volatility. The study examined the 32 largest BTC wallets, which reportedly represent 1 million BTC, or around $6.3 billion.BTC whales are individuals or entities that own large amount of the cryptocurrency and are said to exert influence…
If Bitcoin doesn’t break record highs right away, it wouldn’t be the worst thing, trader posits
Trading sideways for a while could be healthy for Bitcoin. 1708 Total views 7 Total shares After its rise past $40,000, and a correction back to nearly $30,000, Bitcoin (BTC) has rebounded once again. Stalling before jumping back up past highs near $42,000 could be good for the asset, however, according to Brian Krogsgard, a trader…