US Senator calls for crypto regulations amid 2022 failures
The Senator for South Carolina, Tim Scott, is working on a bipartisan regulatory framework targeting the cryptocurrency industry. The Senator is set to become a Go to Source
Everlend Finance suspends operations, urges users to withdraw funds
Everlend Finance, a decentralized finance protocol running on the Solana blockchain, is shutting down its services. The platform is also urging its clients to withdraw Go to Source
‘Crypto summer’ likely to start in Q2 2023, Morgan Creek Capital CEO says
Bitcoin’s bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan…
Value of WisdomTree’s crypto holdings fell 61.9% in Q4
The fund manager’s crypto portfolio has booked a loss in three of the past four quarters, according to recent financial statements. United States fund manager WisdomTree saw the value of…
5 biggest economic bubbles in history
Economic bubbles occur when the price of an asset, such as stocks or real estate, is driven up artificially and becomes disconnected from its underlying value. An economic bubble is…
Australia introduces classification for crypto assets
The national regulators identified four major products in the crypto sector. Following the global regulatory race, Australia opened the public consultation on its own taxonomy of crypto assets. The national…
Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost
Ethereum gas fees have increased 13.71% in the last two weeks, with the average fee rising from $4.52 per transaction to $5.14 per transfer on Feb. 3, 2023. Despite ethereum’s…
Bitcoin, Ethereum Technical Analysis: BTC Falls From Recent High, Ahead of US Non-Farm Payrolls
Bitcoin retreated from a six month high on Feb. 3, as bears reentered the market ahead of today’s U.S. non-farm payrolls (NFP) report. Following a move above the $24,000 level…
South African Retailer Pick n Pay Now Accepting Payments via BTC at All Its Stores
Pick n Pay, one of South Africa’s leading retailers, reportedly now accepts bitcoin as payment at all its stores across the country. Using the bitcoin lightning network, Pick n Pay’s…
A New Approach to DeFI – KyotoSwap․io
PRESS RELEASE. KyotoSwap.io is the first decentralized exchange (DEX) on Binance Smart Chain that allows anybody to create a verifiable positive impact at little to no cost. As a result,…
`LRC Price Prediction: Is a Rally on the Way for the Fledgling Altcoin?
LRC, the Loopring network’s native token, has been hit harder than many other altcoins as the broader crypto market appears to be consolidating once more. Go to Source
$20K Bitcoin may return, says analyst as US unemployment hits 54-year low
Bitcoin buyers may get a chance to “load up” below $22,000 on the back of employment statistics. Bitcoin (BTC) fell prior to the Feb. 3 Wall Street open as fresh…
Russia’s Sberbank plans to launch DeFi platform on Ethereum
DeFi systems are able to displace the traditional market of banking services, Sber’s Blockchain Lab product director Konstantin Klimenko said. Russia’s largest bank Sberbank is moving forward with the plan…
Binance severs ties with Indian crypto exchange WazirX
According to the announcement, WazirX has until the end of the day UTC on Feb. 3 to withdraw all remaining funds it stores in Binance wallets. The debacle between the…
Bitcoin’s big month: Did US institutions prevail over Asian retail traders?
There may be no single reason for BTC’s 39% January price gain, but some suspect institutional investors. Can their impact be quantified, though? Bitcoin experienced the second-strongest January in its…