Cryptocurrency Analysis and News Portal
Cryptocurrency exchange Coinbase Global Inc. (COIN) will continue to face headwinds as the company is set to report first quarter earnings on Tuesday after the market close. Source
Read More
Ethereum started a recovery wave above the $2,840 level against the US Dollar. ETH is now facing a major challenge near $2,905 and the 100 hourly SMA. Ethereum started a decent recovery wave above the $2,840 and $2,850 levels. The price is still below $2,900 and the 100 hourly simple moving average. There
Read More
While it’s still early innings for crypto, management teams at leading fintech companies regard stablecoins and possibly central bank digital currencies (CBDCs) as more “elegant” than bitcoin (BTC) with respect to payments, according to a research report from financial services firm Cowen (COWN). Source
Read More
United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC) verification system based on blockchain technology. Trustworthiness of Data on the Blockchain The AFCM has, in conjunction with the UAE’s Ministry
Read More
Two recent stories highlight the tension between an individual's right to anonymity and journalism's public mission. Source
Read More
It’s been just 13 years since Bitcoin’s (BTC) “Mayflower moment,” when a tiny handful of intrepid travelers chose to turn their back on the Fiat Empire and strike out to a new land of financial self-sovereignty. But, whereas it took 150 years for the American colonists to grow sufficient in
Read More
Ethereum stayed above the $2,550 support zone against the US Dollar. ETH price is rising, but it must clear $2,700 for a sustained move higher Ethereum found support near $2,580 after a downside correction from $2,800. The price is now trading above $2,650 and the 100 hourly simple moving average. There was a
Read More
A group of United States representatives have challenged the infrastructure bill's definition of "broker," believing it to be incompatible with the crypto ecosystem.The 11 representatives, which include Patrick McHenry (R-N.C.), Tim Ryan (R-Ohio) and Tom Emmer (R-Minn.), have written to Secretary of the Treasury Janet Yellen asking for clarity on
Read More
“Decentralization theater” is something that crops up in my inbox on an almost daily basis. By this I mean the development, release and marketing of software that leverages decentralized infrastructure for one, several or even most of its components, but not all of them.The principal reason why an entrepreneur might
Read More
A commissioner with the U.S. Securities and Exchange Commission (SEC) says that true decentralized projects pose a challenge to crypto regulation. Noting that “decentralized finance carries within itself inherently some ability to self regulate,” the commissioner said, “we need to take that into account as we design a regulatory system.” SEC
Read More