WIF open interest jumps 16% as trader claims 'nobody is ready' for reversal
Dogwifhat open interest has spiked as its price has been trading below $1.90 since Aug. 25, while a trader points out a potential reversal pattern forming.
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Why is XRP seeing a monster rally when Ripple is worth just $3B on the secondary market?
The equity of Ripple, the company that builds the infrastructure around XRP — the digital asset used by networks like RippleNet to process cross-border payments — is reportedly trading at $2 to $3 billion in the secondary market.Yet, the XRP holdings of Ripple, are reportedly worth $70 billion, which is many times higher than the valuation of…
Regulation is coming to DeFi, but can it be enforced?
Is regulation plausible in a completely decentralized environment? 1328 Total views 8 Total shares Blockchain analytics company Coinfirm recently unveiled a new anti-money laundering tool for the decentralized finance, or DeFi, niche of the crypto space — a sector facing regulatory crackdown on the horizon, according to Jakub Fijolek, Coinfirm's chief technology officer. "DeFi might soon…
Ripple exec predicts crypto landscape shifts in 2024
Stuart Alderoty predicts the possible resolution of Ripple’s SEC lawsuit and U.S. lawmakers agreeing on the need for crypto regulations. 557 Total views 58 Total shares Ripple chief legal officer Stuart Alderoty has shared insights on the future of the cryptocurrency landscape in 2024. He discussed predictions about Ripple’s legal dispute with the United States
AI tokens slide as Nvidia jumps 7% — but ‘don’t expect that to last’
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Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to spin up their own networks using the software. 61 Total views 1 Total shares The Optimism network concluded its “Bedrock” upgrade on June 7, reducing deposit times, lowering layer-1 fees and enacting additional security features,…
Analysts say Bitcoin price ‘dips are transitory,’ suggesting BTC will soon head to $75K
Rising U.S. inflation and overblown fears about Evergrande contagion might be factors behind BTC’s recent pullback, but most analysts view the drop as a “necessary retest.” 1671 Total views 46 Total shares Volatility is the name of the game in the cryptocurrency market and the Nov. 11 evening sell-off in the price of Bitcoin (BTC)…
Pew Research Center: at least 16% of Americans have owned crypto
The poll seems to indicate that crypto investors skew younger and more male than the population as a whole. 101 Total views 4 Total shares A survey released by the Pew Research Center on Thursday found that roughly 16% of Americans have invested, traded or used some form of cryptocurrency. The number jumps to 31%…
Vitalik Buterin Uses Questionable Historical Comparison to Explain Crypto Tribalism
The Ethereum co-founder cites an unlikely source to explain blockchain in-fighting. 1561 Total views 35 Total shares Ethereum (ETH) co-founder Vitalik Buterin tweeted that TRON (TRX) sympathizers within the Bitcoin (BTC) community are a “perfect example” of German Nazis aligning with Japan during the Second World War. Vitalik drew the questionable comparison in a reply to…