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OPEC strongly criticized the IEA’s forecast of peak fossil fuel demand before the decade’s end, labeling the IEA’s narrative as “extremely risky,” “impractical,” and “ideologically driven”. OPEC has revised its medium- and long-term projections for global oil demand upward. The oil-producing consortium stated that meeting this increased demand would necessitate
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Decentralized finance project Yield Protocol said all borrowing and lending operations would end by Dec. 31, 2023. Yield Protocol, which raised $10 million backed by Paradigm, Framework Ventures, and other venture capitalists, is the latest defi project to shutdown. In an X thread on Tuesday, Oct. 3, Yield Protocol said the decision
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Bitcoin (BTC) traded moderately higher on Oct. 3 after giving back $1,300 of gains into the daily close.BTC/USD 1-hour chart. Source: TradingViewBitcoin bulls slip at $28,600Data from Cointelegraph Markets Pro and TradingView showed BTC price action focusing on $27,500.The pair unwound overnight, descending from six-week highs near $28,600 to bounce
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The price of Bitcoin Cash has experienced significant rise over the course of the last 30 days, resulting in favorable returns for
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Dogecoin (DOGE) has recently displayed resilience as it found substantial buying support at the $0.059 level, a zone that has remained unbreached on a daily candle close for nearly a year. This newfound buying activity hints at a potential challenge to the overhead resistance, marking a crucial juncture for the popular
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Welcome to the latest edition of Cryptox’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.In this week’s newsletter, the United States Securities and Exchange
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto scene is inherently volatile. Albeit the general shaky conditions, a few projects continue to shine, drawing investors’ attention and enthusiasm globally. Hedera (HBAR), THORChain (RUNE), and, notably, InQubeta’s QUBE are popular as more investors explore their core
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Seattle-based decentralized finance (DeFi) platform EigenLayer has experienced a 207% surge in total value locked (TVL) after it raised its liquid restaking caps to 100,000 staked ether (stETH). Source
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Crypto exchange Coinbase has raised the offer on its $150 million debt buyback program after lukewarm demand.In an Aug. 21 announcement, Coinbase revealed that since the buyback program went into effect earlier this month, investors have tendered just over $50 million of bonds compared to a target of $150 million.
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"Over the years, the Omni Layer faced challenges due to the lack of popular tokens and the availability of USDT on other blockchains. This led many exchanges to favor alternative transport layers, leading to a decline in USDT usage on Bitcoin using the Omni Layer," Tether said in the announcement. Source
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