India’s central bank outlines digital rupee CBDC plans

India’s Reserve Bank outlined the pros and cons of a digital rupee as it looks to raise awareness around its CBDC project. The Reserve Bank of India (RBI) has outlined the proposed features and reasoning behind its in-development central bank digital currency (CBDC) in a 51-page note published on Oct. 7. The country’s central bank …

The blue fox: DeFi’s rise and the birth of Metamask Institutional

The popularity of decentralized finance played an integral role in the launch of MetaMask Institutional as companies looked to safely enter the space. MetaMask is arguably one of the most well-known self-custodial Ethereum software wallets in the cryptocurrency ecosystem, with its signature Orange Fox avatar plug-in acting as a portal to the world of Ether …

Bitcoin and gold face headwinds amid strengthening dollar

Bitcoin decoupled with the stock market and saw its correlation with gold rise to a level not seen since last year. Bitcoin (BTC) and gold are no longer investors’ primary choices as inflation hedges amid the strengthening United States dollars. The current turmoil in financial markets added to the geopolitical tensions has run havoc on …

How to Choose a Crypto Exchange for Trading and Investment

Even if you’re not a professional trader, it’s good to understand the basics of the crypto market, including the site choices and risks involved. On cryptocurrency exchanges, you can earn much more than on the stock or currency market. However, the risk of losing invested money is also greater. Finding a crypto exchanges list is …

Kim Kardashian Fined $1.26 Million by SEC Over Crypto Promotion

The celebrity and social media star faces charges for promoting EthereumMax (EMAX) on her Instagram account. The U.S. Securities and Exchange Commission (SEC) has filed charges against Kim Kardashian for promoting a crypto asset that is considered a security. According to the SEC, Kardashian has been charged over her role in promoting EthereumMax on social …

Crypto Community Unhappy As Celsius Users Doxxed In Latest 14,000 Page Bankruptcy Court Filing

Summary: The beleaguered crypto lender submitted 14,000 pages of transaction history to the bankruptcy court following an order common in such proceedings. Users’ names are also included in the records despite efforts from Celsius to keep this information private. The documents do not feature home addresses and other personal info but the filing essentially doxxes …

Crypto Exchange FTX partners With Payments Giant Visa To Offer Debit Cards in 40 Countries: CNBC

Payments giant Visa is teaming up with Global Crypto Exchange FTX to offer credit cards in 40 countries. These debit cars are already available in the US and link users directly with their FTX cryptocurrency account.  With this move, users will be able to spend their crypto directly from their FTX exchange account.  Another real-life …

Crypto Traders Turning Against Cardano, Tron and One Ethereum Rival, Says Santiment – But There’s a Catch

Crypto analytics platform Santiment is warning that three crypto assets are witnessing negative bias amid their poor price performance year-to-date. Santiment says that traders are beginning to “turn on” smart contract-enabled blockchains Cardano (ADA), Tron (TRX) and EOS (EOS). According to the crypto analytics platform, such negative bias is historically a sign that the bottom …

Top Crypto Strategist Predicts Massive Impulse Breakout for Bitcoin (BTC) – Here’s the Timeline

A popular crypto trader and analyst is predicting Bitcoin (BTC) will see a major impulse breakout of the price within months. The pseudonymous trader Kaleo tells his 535,700 Twitter followers he expects BTC to experience a step toward a higher accumulation range, topping out at $25,000, followed by a larger breakout. Since July, he notes …

What is Lens Protocol, and how does it work?

In this guide, we share all you need to know about Lens Protocol, a decentralized social graph that simplifies building Web3 social platforms. The innovation and, as a result, the booming popularity of social media started at the beginning of the century with the concept of the online social graph. This specific data structure draws …

BNB Chain back online after suspension due to a cross-chain exploit

After a brief network suspension as the result of a cross-chain hack, the activity on the BNB Chain is back online. BNB Chain, the native blockchain behind the Binance crypto exchange, is up and running as of Oct. 7 according to an update from the network. Activity on the network was briefly suspended after confirmed …

Bitcoin clings to $20K as whale pressure keeps resistance in control

Traders look for volatility triggers as BTC price action continues within an all-too-familiar trading range. Bitcoin (BTC) saw rejection at a key area of whale resistance into Oct. 7 as its strict trading range continued.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Charts point to impending breakout Data from Cointelegraph Markets Pro and TradingView showed …

Bear market didn’t stop crypto firms from hiring— Recruitment exec

Recruitment firm executive Clayton Pullum said that companies have become more strategic when it comes to hiring during the crypto winter. With crypto companies like Coinbase announcing layoffs earlier this year, it seemed like there were little to no opportunities within the blockchain space during the bear market. However, an executive in a crypto-focused recruitment …

Ethereum Name Service Price Prediction: ENS Hits a High Point

ENS Price Prediction – October 7Another round of an upward force has surfaced in the ETN/USD market operations as the crypto trade hits a high point around the $18 resistance line sometime around the August 6th trading session this year. The last thirty days have witnessed a low and a high between the $12.23 and …

Largest Ethereum Staking Service, Lido, Launches on L2 Arbitrum and Optimism

Lido Finance announced that it is available on Layer-2, and users can bridge their staked Ethereum. Currently, Arbitrum One and Optimism are supported. Lido will also allocate 150,000 LDO tokens in rewards per month across each network. The team wants to encourage the building of liquidity. Lido dominates staking on the Ethereum network, holding just …

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