Cryptocurrency Analysis and News Portal
Blockchain technology can be difficult for the average layperson to understand, and when “layers” are added to the concept — as with blockchain scaling — it can be even more confusing. Companies working on blockchain scaling solutions are led and staffed by experts who fully understand the underlying technology and
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From the moment Satoshi released the Bitcoin white paper, crypto evangelists have touted the immense, revolutionary potential value of the technology. Web3 was positioned as a panacea for the world’s systemic issues, with applications for everything from supply chains to identity to finance. Anything could be fixed once put on-chain. Source
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United States-based crypto exchange Coinbase decided to communicate proactively on the topic of crypto staking, which had recently gained regulators’ attention. In its petition to the Securities and Exchange Commission (SEC), the company explains why staking can’t be universally labeled as securities.The Petition for Rulemaking was published by Coinbase on
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According to Ardern, investors had bought BTC put options, or bearish bets, in the lead-up to the CPI release, which means market makers sold puts and sold bitcoin in the spot/futures market to hedge against the risk of price slide. So, after prices began to rise post-CPI, market makers had
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To be fair, it is not just crypto companies that say they are merely suffering from a “liquidity crisis” when they are actually insolvent. Traditional financial institutions are just as likely to say everything will be fine if only someone will lend them some more money. For example, RBS, the
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Artist Nicole Buffett discusses NFTs, their future and explaining them to her famous grandfather, Warren, on CoinDesk TV's "First Mover." Original Source
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The crypto market lost over $500 billion in combined market capitalization earlier Friday. The market bloodbath led to over $700 million in liquidation as top crypto assets bled heavily. Bitcoin (BTC) fell below the critical support level of $40 thousand while Ether (ETH) also lost $3 thousand support.At a time
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Bitcoin will become legal tender in El Salvador alongside the U.S. dollar in seven days. The Salvadoran government has released a video explaining what to expect when the Bitcoin Law enters into force. The video features the government’s fee-free crypto wallet, Chivo. Government’s Video Explaining What to Expect When Bitcoin Becomes
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