Cryptocurrency Analysis and News Portal
It’s been a bit of a choppy ride for the cryptocurrency market this past quarter, coming off a strong first quarter. Over the past three months, the CryptoX Market Index (CMI), which spans over 90% of the crypto market capitalization, appreciated 2.2%, while both bitcoin (BTC) and ether (ETH) outperformed
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Industry experts believe Hong Kong’s shifting attitude towards blockchain technology, cryptocurrencies and Web3 could entice businesses away from the United States.The city has made a series of moves over the past year to foster the development of the Web3 space and enable retail investment into cryptocurrencies. The latest example of
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During a speech at the Salzburg Global Seminar on bank regulation and supervision, Bowman called for attention from global regulators to the current supervision of novel banking activities, in particular banking as a service and digital assets. According to Bowman, financial institutions have been left in a "supervisory void" in
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Moving average crossovers are lagging Indicators. That said, the latest death cross is consistent with the dour regulatory outlook. Source
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“Digital asset sentiment remains poor as the U.S. Securities and Exchange Commission’s (SEC) enforcement actions create regulatory uncertainty, pressuring token prices,” analysts Alkesh Shah and Andrew Moss wrote, adding that “digital asset trading platforms are just one piece of the broader ecosystem.” Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bakkt has delisted solana (SOL), polygon (MATIC), and cardano (ADA), citing regulatory uncertainty in the US. The exchange says it’s awaiting further clarity on how to offer more altcoins compliantly. The current regulatory dark clouds in the US
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IMF director Kristalina Georgieva highlighted the stability of lending while urging the US Federal Reserve to consider further actions in response to an uncertain economic climate. In a recent interview with CNBC, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), said that lending remains strong despite the uncertain
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The market dominance of stablecoins pegged to the United States dollar has undergone some changes over the past year. While most of them are in a downward trend, Tether (USDT) has climbed back to its all-time high, data from CoinGecko shows.In the past 12 months, Circle's USD Coin (USDC) has
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.After a bullish April, May was another month of exploits, rug pulls and hacks, bringing back uncertainty to DeFi. The most prominent headline
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The country recorded the lowest cryptocurrency trading volumes in over 12 months last week. Some analysts have linked this situation to the pullback in trading from Jump and Jane Street. The United States crypto influence looks to be slipping away with each passing day. The US has been a powerhouse
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