Wednesday, April 24, 2024
Home > Reflect

Gemini’s Travel Rule measures reflect ‘worrying creep’ of overregulation

Crypto exchange Gemini newly announced measures to comply with the controversial crypto Travel Rule in the United Kingdom reflects a “worrying creep” toward overregulation and will strip customers of their freedom for self-custody, according to a Trezor analyst.On Nov. 7, cryptocurrency exchange Gemini announced it has made changes in order

Read More

Cambridge Bitcoin Electricity Consumption Index updated to reflect hardware distribution and hashrate increases

Researchers behind the well-known Cambridge Bitcoin Electricity Consumption Index (CBECI) have officially revised its methodology to enhance the accuracy and reliability of the Index’s estimates for the first time since its inception in 2019.The CBECI was launched in July 2019 in an effort to provide reliable data-driven insights to questions

Read More

Bitcoin ETF hopium fades as on-chain and futures data reflect traders’ muted activity

The price of Bitcoin (BTC) has been trading between $29,900 and $31,160 for the past 18 days, causing concern among investors who are looking for explanations for the lack of a clear trend. After a 25.5% rally between June 15 and June 23 leading to Bitcoin’s highest level in 13 months

Read More

Ethereum price charts reflect weakness, but inflow to LSDFi could prevent an ETH sell-off

Ethereum (ETH) has been on a downward trend with the $2,000 level forming a crucial resistance level in recent months.While Bitcoin (BTC) recorded 11.94% gains moving past $30,000 in June after BlackRock filed an ETF application with the U.S. Securities and Exchange Commission, the upside in ETH stayed around 3.16%.In

Read More

Ethereum price resistance at $1,750 could reflect traders’ anxiety over the Shanghai upgrade

The price of Ether (ETH) declined 9.8% between Feb. 19 and Feb. 25 after the price resistance at $1,725 proved stronger than expected. Still, the correction was insufficient to break the 6-week-long ascending channel and did not cause Ether derivatives metrics to turn bearish.Ether (ETH) price index in USD, 1-day.

Read More

Decentralized domain services reflect on industry progress

The rise of Web3 functionality has been a boon for decentralized domain name services over the past two years, with millions of blockchain-based domains registered to date. Challenging market conditions may have hampered exponential growth, but industry leaders believe that utility-driven adoption will continue in the future.Web3 is fundamentally changing

Read More