Cryptocurrency Analysis and News Portal
Bitcoin dropped to one and a half-month lows Monday, alongside sharp losses in global equity markets and other growth-sensitive risk assets such as industrial metals, oil and commodity-dependent currencies.The broad-based risk aversion may have just begun as futures tied to the S&P 500 Index have convincingly breached the long-held 50-day
Read More
Solana has attributed the 17-hour outage it suffered last week to a denial-of-service attack aimed at Grape Protocol’s Sept. 14 initial DEX offering (IDO). In a Sept. 21 blog post, the Solana Foundation stated that bots spammed the network as Grape launched its IDO on the Solana-based decentralized exchange (DEX)
Read More
“This improved sentiment could be a seasonal phenomenon, but we are not seeing a commensurate rise in volumes in investment products,” said a CoinShares report published Monday. “This suggests that some investors are taking advantage of recent price weaknesses and the continued rise in alt-coin popularity,” added the report. Source
Read More
Turkish President Recep Tayyip Erdoğan has clarified the government’s stance on cryptocurrencies, stating that the country is at war with crypto. He emphasized that Turkey will continue with its own currency. A War and a Struggle Against Cryptocurrency Turkish President Recep Tayyip Erdoğan answered some questions from young people in the “Meeting
Read More
Is President Erdogan so out of touch with what’s happening around him that he declared war against Bitcoin? Or is this a case of “lost in translation” and quotes out of context? An article titled “We are in a war against bitcoin,” says Turkey’s president” has been making the rounds
Read More
Crypto lender Unchained Capital, for instance, told CryptoX that it does not offer depository accounts or therefore no yield on deposits. Coinbase, the largest U.S. exchange, said on Friday that it no longer plans to offer a lending product that would have powered a savings account for customers with a
Read More
BTG Pactual’s crypto arm, called Mynt, will be available in the last quarter of 2021 and allow exposure to bitcoin and ether, the company said, adding that it would make the service available to users of BTG Pactual digital and BTG+, its digital bank. Original Source
Read More
In the increasingly competitive landscape of blockchain technology and cryptocurrencies, protocol innovation and the ability to solve the biggest problems facing the crypto community are necessary for any project that looks to have long-term success in the ecosystem. Recently, the emergence of layer-2 technology like Arbitrum, Optimism and a bridge to the
Read More
IOHK, the developer behind the Cardano network, has announced a new solution for the network. Following the launch of smart contracts on the network, it has moved on to other projects to make sure that the network meets all of the needs of its developers. This has shone through in
Read More
Investor advocacy groups urged SEC chair Gary Gensler to more tightly regulate the cryptocurrency industry in a letter on Monday, according to a report by Bloomberg.The letter signed by Americans for Financial Reform Education Fund, the Consumer Federation of America and others, specified stablecoins, crypto lending and exchanges as key
Read More