After weeks of speculations, leading Ethereum Layer-2 solution Optimism has announced that it will be launching and airdropping a governance token — OP — designed to give its users more power and control over its ecosystem. Optimism’s unique bicameral governance model The governance system is a unique bicameral model in which two different entities will work …
Continue reading “Ethereum L2 solution Optimism to launch new governance model, token via airdrop”
It’s a red day for crypto markets with only 0X and ApeCoin managing to buck the trend. Dogecoin leads the most significant losses of the top ten, down almost 10%. Excluding stablecoins, BNB and SOL fared best at -3%. Source: Coin Rankings on CryptoSlate.com The story is much the same with stocks. Reuters reported tumbling …
Continue reading “Crypto, stocks sink as ‘global deleveraging’ kicks in”
We recently spoke to two of the core members for BitDAO, one of the world’s biggest DAOs by treasury holdings. During our conversation, we explored how DAOs could potentially replace politics, what it is like being involved in a DAO and what the best use cases are for DAOs going forward. The interview below gives …
A survey by crypto trading platform Bitstamp shows that 80% of institutional investors believe crypto will overtake traditional investment vehicles. Furthermore, 70% of institutional investors said crypto was a trustworthy investment, with 68% actively recommending this asset class in investment strategies. Institutional Investors Bullish About Crypto Bitstamp, a major crypto derivatives trading platform, announced the …
22 days ago, Bitcoin.com News wrote about a Coin Insider trends study that combed through Google Trends data in the United States. According to the report, dogecoin was the most Googled cryptocurrency in the country. Another study — published by askgamblers.com — has covered similar data, but concentrated on the U.K.’s and Europe’s Google searches. …
Continue reading “Google Trends Study Shows SHIB Is the Most Popular Crypto in the UK”
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News …
Pantera Capital founder and CEO Dan Morehead says that cryptocurrencies may be the only safe asset class investors can turn to during the next economic downturn. In a new interview on the Bankless YouTube channel, the executive reveals why he thinks crypto assets may end up being a lifeboat for investors facing chaos in the …
A popular analyst is digging into the charts to see if a diverse trio of crypto assets might be primed for rallies. The pseudonymous crypto trader Altcoin Sherpa tells his 174,200 Twitter followers that if Bitcoin (BTC) maintains its trend of higher lows dating back to late February, he believes the leading cryptocurrency can roar …
The head of the Office of the Comptroller of the Currency (OCC) says that crypto firms, governments, and academics should all work together to set new standards for stablecoins. Speaking at the Artificial Intelligence and the Economy: Charting a Path for Responsible and Inclusive AI symposium, acting US Comptroller Michael Hsu says that stablecoins should …
The U.S. dollar index (DXY) has risen above the highs created in March 2020 and may next challenge the multi-year highs set in January 2017. Bitcoin’s (BTC) price action is generally inversely connected to DXY. Therefore, unless the dollar reverses its sharp uptrend, a strong recovery in Bitcoin may be difficult. Although Bitcoin has not …
Continue reading “Price analysis 4/27: BTC, ETH, BNB, XRP, SOL, LUNA, ADA, AVAX, DOGE, DOT”
Michael Hsu, the acting head at the United States Office of the Comptroller of the Currency, said stablecoins need standards comparable to the early internet. In a written statement following his appearance at the Artificial Intelligence and the Economy event in Washington D.C. on Wednesday, Hsu said stablecoins lacked “shared standards,” were “interoperable,” and needed …
Continue reading “Acting OCC comptroller calls for standards on stablecoins”
Layer-2 (L2) solutions for the Ethereum (ETH) network have grown in prominence over the last year because of the need for scalable networks that offer low-fee transactions and led to numerous projects that built cross-chain bridges with competing blockchain networks. One project that has benefitted from the growth of the L2 scaling solutions is Synthetix …
Digital asset manager Grayscale Investments is planning to expand its product offerings into Europe to tap into growing institutional demand for cryptocurrencies in the region, CEO Michael Sonnenshein confirmed Tuesday. In an interview with Bloomberg, Sonnenshein said the company was holding meetings with local partners to discuss how Grayscale’s suite of products would be rolled …
Continue reading “Grayscale to expand crypto fund offering into Europe”
Tesla leader Elon Musk has bought out Twitter following a three-week battle. Here’s how it relates to cryptocurrency. Tesla leader Elon Musk announced on Apr. 25 that he has bought Twitter, a decision that made waves in the crypto community. While the value of Dogecoin has increased, crypto leaders are discussing the implications of the …
Continue reading “Elon Musk Buys Out Twitter; Crypto Industry Reacts as DOGE Prices Surge”
Here are the four best cloud mining solutions on the global scene, all of which experts expect to be headed for prosperity and a global spread. 1 – Hashlists Hashlists represents one of the best cloud mining solutions on the global scene, and it has started to reserve a place among professionals in the recent …
Continue reading “The 4 Best Cryptocurrency Cloud Mining Sites in 2022”
