Institutional staking of crypto assets, including the post-Merge Ethereum, could become a “phenomenon” in the future, but not while their assets still need to be “locked up.” Speaking during a Q2 earnings call on Tuesday, chief financial officer Alesia Haas noted that she didn’t expect their new exclusive institutional staking service, rolled out in Q2, …
Continue reading “Institutional staking won’t take off unless asset lock-up solved: Coinbase CFO”
After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum’s native token Ether (ETH), the valuation of several other tokens have not only benefited greatly, but could also keep outperforming ETH after the Merge. Ethereum steps closer toward the Merge The leading smart contract platform completed the last of …
Continue reading “3 cryptocurrencies that stand to outperform ETH price thanks to Ethereum’s Merge”
The chief of Australia’s financial services regulator Joe Longo has raised the alarm over the sheer amount of people that invested in “unregulated, volatile” crypto assets during the pandemic. Longo, chairman of the Australian Securities and Investments Commission (ASIC) made the comments in a Thursday media release for its research conducted in November 2021, which looked …
Continue reading “ASIC chair troubled by sheer amount of ‘risk-taking’ crypto investors”
Crypto exchange Huobi’s founder Leon Li is reportedly in talks with financiers to sell his stake in the firm Potential buyers include Justin Sun of Tron and FTX CEO Sam Bankman-Fried Per a recent Bloomberg report, Huobi founder Leon Li is currently in talks with a bunch of investors to sell the majority of his …
Continue reading “Huobi Founder Keen On Selling Majority Of His Stake At $3 Billion Value: Report “
DOT has been trending upwards since late July. And, the fight has to be a toe to toe one between the bulls and the bears. However, since the crypto has generally gone upwards then we can say that the bulls have emerged as the winner. Nevertheless, at this point again the market is once at …
Continue reading “Polkadot Price Forecast for August 12th: DOT Is Preparing to Reverse Trend”
HodlX Guest Post Submit Your Post This June the crypto market cap slumped under the $1 trillion mark for the first time since January 2021. The collapse of Terra left behind the biggest loss of wealth in recent history, with retail and institutional investors alike losing over $60 billion in funds and undermining the overall …
Continue reading “Trajectory of Crypto Winter Development – 2018 Once Again?”
Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability, and sharp increases in BTC production. Crypto mining companies Marathon Digital Holdings (124.12%), Core Scientific (110.39%), Hut 8 (98.95%), and Riot Blockchain (96.69%) have seen their stock prices rocketing upwards …
Continue reading “BTC mining stocks double in a month as production ramps”
The Ethereum Merge may be coming sooner than planned, after core developers announced a tentative Merge date of Sept. 15, which will see the blockchain transition to Proof-of-Stake. The Ethereum mainnet Merge date came into view after core developers such as Tim Beiko and Prysmatic Labs co-founder Terence Tsao agreed in an Aug. 11 developer …
Continue reading “Coming sooner: ETH devs move up the date for Merge”
MakerDAO founder Rune Chirstensen has urged members of the decentralized autonomous organization (DAO) to “seriously consider” preparing for the depeg of its DAI stablecoin from the United States dollar (USD). The founder’s comments came in light of the recently announced sanctions on crypto mixer Tornado Cash, noting to MakerDAO’s Discord channel on Aug. 11 that …
Continue reading “MakerDAO should ‘seriously consider’ depegging DAI from USD: Founder”
Bitcoin Resumes Consolidation Above $23.9K as Btc Price Turns Down From $24.9K High – August 11, 2022 Bitcoin bulls have made third attempts and failed to break the $24,000 overhead resistance as BTC price turns down from $24.9K high. In the third attempt on August 11, the BTC price reached the high of $24,900 and …
Nvidia, a hardware developer, is boosting its efforts to have a presence in the metaverse. Earlier this week, the company announced the launch of new developer tools focused on the metaverse. These new tools include simulations, AI capability, and other creative tools. Nvidia launches developer tools for the metaverse Creators adopting the Omniverse Kit and …
Continue reading “Nvidia launches new developer tools targeting metaverse offerings”
Brian Norton of MEW (MyEtherWallet) speaks to CryptoSlate’s Akiba about the need to improve the user experience of web3 in order to create mass adoption. 16 min watch Updated: August 12, 2022 at 12:17 am [embedded content] Brian Norton of MEW (MyEtherWallet) speaks to CryptoSlate’s Akiba about the need to improve the user experience of …
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with “the pace” of the bitcoin mining company’s U.S. …
Crypto exchange Hotbit has announced the suspension of trading, deposits, withdrawals, and funding on its platform. The exchange said law enforcement has frozen some of its funds and subpoenaed some senior managers as they investigate a criminal case involving the exchange’s former employee. Hotbit Suspends Trading, Deposits, Withdrawals Cryptocurrency exchange Hotbit announced the suspension of …
The world’s largest asset manager, Blackrock, has launched a spot bitcoin private trust. “Despite the steep downturn in the digital asset market, we are still seeing substantial interest from some institutional clients,” said Blackrock. Blackrock Launches Bitcoin Trust Blackrock, the world’s largest asset manager, has launched “Blackrock bitcoin private trust.” According to a Thursday blog …
