On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good, but “the time is passing” and he believes Makerdao needs …
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A popular crypto analyst is optimistic that Bitcoin (BTC) will rally in the next few weeks after months of down-trending price action. The host of financial education YouTube channel InvestAnswers says in a new video that he expects the price of Bitcoin to possibly go up as high as $50,000 in April. “April historically is …
The Arab Monetary Fund (AMF), a sub-organization of the Arab League, has named global payments network RippleNet as a possible alternative to central bank digital currencies (CBDCs). In a new report, the AMF’s Arab Regional Fintech Working Group says there is considerable risk for a nation to issue a CBDC, including the possibility that local …
The recent invasion of Ukraine has put the world in a state of uncertainty, turmoil and geopolitical risk. Volatility in the global financial markets has caused immense losses to millions of investors. With rising global inflation, fear of tapering liquidity, and increasing interest rates by the United States Federal Reserve, havoc is spreading across the …
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Amidst an influx of crypto donations, Ukraine’s president has signed a law that creates a legal market for cryptocurrencies. Ukrainian president Volodymyr Zelensky has signed a piece of legislation that grants legal status for digital assets, virtual assets, and cryptocurrencies. The law in question is titled “On Virtual Assets.” The law will officially permit banks, …
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Blockchain analytics firm Santiment is pointing out some on-chain metrics developing behind the scenes for Bitcoin as BTC rallies above $42,000. The intelligence firm says that the overall supply of Bitcoin on crypto exchanges has slipped down to its lowest level in over three years. “Bitcoin’s ratio of supply sitting on exchanges continues dropping hard, …
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind, written by Andrew Levine of Koinos Group. We recently released the third and final version of the Koinos testnet, which is why I want to talk about something few projects like …
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The cryptocurrency market has failed to make significant headway in recent months, but that hasn’t stopped the industry’s builders from building. Nonfungible tokens (NFTs), crypto mortgages, blockchain-powered cellular networks and Web3 gaming have all piqued the interest of venture capitalists. These new and familiar investment themes headline the latest edition of VC Roundup, as venture …
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Bitcoin Price Prediction – March 20 The Bitcoin price slides below the resistance level of $41,327. Further downside momentum may come to play, but $40,000 may likely come out as support. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $46,000, $48,000, $50,000 Support Levels: $38,000, $36,000, $34,000 BTCUSD – Daily Chart Buy Bitcoin …
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Quick take: Equilibrium will soon be onboarded as the 12th parachain on the Polkadot (DOT) network The project will also be launching the first order-book DEX with margin trading on Polkadot The DEX will allow for high leverage trading using a money market with the lowest collateral requirements ever The team at Equilibrium has just …
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ETHDenver, one of the beloved crypto conferences in the world, took place this year between February 11 and March 21. The conference is the main developer-focused event of the year. It provides many opportunities to learn about new Blockchain innovations in addition to happy hours, open bars and after-parties. Ethereum’s founder Vitalik Buterin was naturally …
Continue reading “Vitalik Buterin tells Time Magazine crypto “has a lot of dystopian potential””
The banking problems of Marijuana-Related Businesses (MRB) is real. Currently, 34 states within the US allow either recreational or medical usage of cannabis. Even though possession and distribution are still illegal, the MRB industry’s estimated worth is at $16 billion. This number is expected to reach $57 billion by 2027. Yet, only 30% of the …
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As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today is hovering around …
While most digital currencies have seen gains during the last month, the meme token called shiba inu has lost more than 17% during the last 30 days. Despite the fact that shiba inu is down 72% from the crypto asset’s all-time high, shiba inu is still up 37,130% against the U.S. dollar over the last …
The masterminds behind the alleged cryptocurrency Ponzi scheme called Bitstream Circle are believed to have stolen more than $10 million in investor funds. The alleged theft became apparent on March 13, 2022, when some of the scheme’s investors encountered problems making withdrawals. Withdrawals Blocked Reports from Kenya have said investors in an alleged crypto Ponzi …
