Cryptocurrency Analysis and News Portal
Decentralized exchange Uniswap announced the acquisition of the NFT marketplace aggregator Genie on June 21st. Uniswap said this move is part of its mission to unlock universal ownership and exchange on its platform.Uniswap is now integrating NFTs into its product line beginning with the Uniswap web app and later integrations
Read More
The inventor of Ethereum Vitalik Buterin took aim at the controversial Bitcoin price model Stock-To-Flow (S2F). Buterin believes the model is “not looking good” and openly criticized it because it gives crypto investors a “false sense of certainty”. Related Reading | Bitcoin Back At $21K After 75% Drop, Where Does It Go
Read More
Investors redeemed a net $5.8 million from short bitcoin funds in the seven days through June 17, the crypto asset manager CoinShares wrote Monday in a report. (A "short" position in financial markets is a bet on a price decline.) At the beginning of the week, assets under management (AUM)
Read More
The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still not registered. Bank
Read More
Bancor, a Decentralized Finance protocol often regarded as a pioneer in the DeFi ecosystem, has come under heavy scrutiny after it announced that it would pause its impermanent loss protection program. The DeFi platform cited extreme market conditions for stopping this program. However, Bancor has been criticized for pausing the
Read More
Gustavo Petro, who recently won the 2022 Colombian presidential election, has previously made statements in favor of cryptocurrencies.Petro will replace Iván Duque Márquez as the president of Colombia on August 7 for four years after winning the second round of a run-off election on Sunday. The president-elect took to social
Read More
The modern DEX is designed to take advantage of the benefits of both CEX and DEXs by leveraging innovative technologies to enable more efficient transactions. Since limitations are presented for both the modern CEX and DEX, many propose that for widespread asset adoption, a non-custodial platform that supports assets
Read More
DeFi is facing increased regulation, but the type and amount remains uncertain as policymakers wrestle with different questions. Source
Read More
Hublot, a Swiss luxury watchmaker, has announced that its newly released 200 limited-edition watches can now be purchased online via BitPay, using cryptocurrencies such as Shiba Inu and Bitcoin. According to a tweet from Hublot, this method of payment is only available to consumers of the Hublot United States eBoutique. The
Read More
There is good reason to be afraid. Previous down markets have seen declines in excess of 80%. While tightfisted hodling might hold wisdom among many Bitcoin (BTC) maximalists, speculators in altcoins know that diamond handing can mean near (or total) annihilation. Regardless of one’s investment philosophy, in risk-off environments, participation flees
Read More