Cryptocurrency Analysis and News Portal
But were they? If their victory condition is “no credit is ever extended based on a crypto asset ever again,” they guarantee a loss. Yes, the lending industry has taken a hit, but it certainly won’t cease to exist. The desire for leverage and a lower cost of capital on
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Summary: Sam Bankman-Fried has stated that FTX has a few billion to support struggling crypto firms. He also believes that the worst of the liquidity crisis in crypto might have passed. FTX’s founder and CEO, Sam Bankman-Fried, has stated in an interview that the crypto exchange has a few billion set aside to
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Data shows that staked ether and ether traded at parity up until May 7, when Terra’s stablecoin, UST, started to wobble from its $1 peg. Since then, stETH has been unable to recover to the full ETH price. On May 12, when UST dropped to 7 cents, stETH-ETH exchange ratio
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Lawmakers don’t appear swayed by crypto industry claims as they consider applying anti-laundering identification rules to the sector, but some argue their plans are unworkable or unlawful. Source
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Recruiters at ETHDenver say a shortage of developer talent is inflating salaries and brewing up competition in the industry building Web 3. Original Source
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Unus Sed Leo (LEO) surged by almost 70% on Feb. 9 to reach its record highs as traders assessed the potential of an incoming supply crunch in its market.The token was issued in 2016 to refinance crypto exchange Bitfinex after it lost about $70 million worth of Bitcoin (BTC) in
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Bitcoin continues to consolidate in the high $50,000 area, meanwhile, its fundamentals are strengthening and seem to point towards a price breakout. Analyst Ali Martinez has shared data from Glassnode to predict the timing for a new BTC price rally. According to the analyst, when the cryptocurrency surpasses the 1 million
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Bitcoin price has now had one of its largest pullbacks dollar for dollar in history, putting the entire parabolic uptrend in jeopardy, according to one crypto analyst who has warned the top could be near. The analyst, who has been accurate in the past, claims that it is now “crunch time”
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Bitcoin’s price surge may be driven as much by a drying up in supply as by an increase in demand. That’s because Chinese miners are struggling to sell their crypto in ways that would quickly get them much-needed cash in the face of a government crackdown on local exchanges. “The lack of supply
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On or around May 13, the BTC network will see a block reward reduction as miners will go from getting 12.5 coins
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