Polkadot community backs SnowBridge for seamless Ethereum integration

Polkadot’s governance is currently mulling over a proposal to activate SnowBridge, a cross-chain bridge designed to link the Polkadot blockchain with Ethereum. A cross-chain bridge essentially serves as a decentralized application (DApp), streamlining asset transfers between blockchains to enhance token utility by fostering cross-chain liquidity. дальше »

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Jeremy Allaire offers new insights into USDC expansion at Token2049

Jeremy Allaire, CEO of Circle, recently discussed USDC’s operations and the growing importance of stablecoins within the global economy.   “We’re now seeing essentially stablecoin rules coming into place all around the world. дальше »

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Onchain Data Shows Bull Run Has ‘Come to an End’; Bear Market Mentions Spike

According to data from the crypto analytics firm Santiment, sentiment among cryptocurrency traders appears to be shifting from bullish to bearish following Bitcoin’s recent 16% drop from its all-time high of $73,600 reached on March 14th, signaling the bear market has essentially “come to an end. дальше »

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GBTC Outflows Hit Record-Smashing Low — Is Grayscale Done Selling Bitcoin?

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Is Bitbot, CorgiAI, or Apecoin worth buying in 2024?

Cryptocurrencies are broadly expected to do well this year now that the Securities & Exchange Commission of the United States has approved the Spot Bitcoin ETFs. The exchange-traded funds bring good news for the broader crypto space because what they do essentially is invite institutional money into Bitcoin. дальше »

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Japan’s Osaka Digital Exchange to kick off security token trading with Ichigo’s real estate assets

Osaka Digital Exchange (ODX) revealed that its Proprietary Trading System (PTS) “START” for security tokens will begin operations by Dec. 25, according to a Nov. 20 statement. A security token is essentially a digital form of traditional securities. дальше »

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Did Ethereum Founder Vitalik Buterin Short Ethereum? Unraveling A 70,000 ETH Sale

A video has surfaced on social media where Ethereum founder Vitalik Buterin revealed he sold 70,000 ETH tokens during its price all-time high.   Buterin Acknowledges Shorting Ethereum Crypto community member, MetaMan X, published a video post on X (formerly Twitter), disclosing a conversation where Ethereum Founder, Vitalik Buterin admitted that he had sold about 70,000 ETH tokens, essentially shorting the cryptocurrency during a major all-time high. дальше »

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Decoding SLRV Ribbons and what they mean for Bitcoin’s price

Spent Lifespan Relative Value (SLRV) offers a lens into the age of coins transacted on the Bitcoin network. Essentially, it helps differentiate the actions of long-term holders and short-term speculators, acting as a measure of market sentiment. дальше »

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Why Are Crypto Casinos So Attractive?

Cryptocurrencies took the financial world by storm and changed the way money works. They are essentially digital currencies that don’t have a physical form, bits of value that help people all over the world make transactions. дальше »

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Decline in crypto-margined futures may signal market maturity

Bitcoin futures are financial derivatives, essentially agreements to buy or sell Bitcoin at a predetermined price at a specific date. These offer a way for traders to speculate on the future price of Bitcoin. дальше »

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Deciphering the latest CPI data causing a conundrum for Powell

Quick Take The most recent U. S. Consumer Price Index (CPI) data unveils a clear reacceleration in headline inflation, marking a first in over a year. As per data from SuperMacro, the ‘super-core’ measure – essentially inflation excluding core services and shelter – has edged up to 4% from the previous 3. дальше »

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ChatGPT gains basic memory feature with new update

OpenAI, the artificial intelligence research lab, has introduced a new update to its popular app, ChatGPT, the ability to set custom prompts across all chats. As OpenAI reported, this new feature brings a semblance of memory to the AI system, essentially allowing it to recall some context in its interactions with users. дальше »

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US lawmaker introduces bill to clarify digital assets classification

U. S. Congressman Tom Emmer introduced a new bill to clarify the classification of digital assets and specify the jurisdiction of each regulator. The bill essentially amends the securities laws to include “investment contracts asset. дальше »

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Assassin’s Creed NFTs: Smart Collectibles Bridging Gaming & Blockchain

Ubisoft, a leading player in the video game industry, has joined forces with Integral Reality Labs to introduce a new concept: Assassin’s Creed Smart Collectibles. These innovative assets are essentially NFT access passes created on the Ethereum scaling network, Polygon. дальше »

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Avorak AI Explores Cross-Chain Interoperability With Solana EVM

It is not fully known by a lot of those in the crypto industry, but Neon Labs, a blockchain solutions company, has added EVM compatibility to the Solana blockchain. Essentially working as a separate layer, Neon EVM allows Ethereum contracts to operate and reach finality on Solana. дальше »

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Fed raises rates by 25bps; Bitcoin remains essentially flat

Quick Take The Federal Open Market Committee (FOMC) has decided to raise rates by 25 basis points, taking the Fed funds rate to 5%- 5.25%. The Fed funds rate is now in line with CPI inflation which is also at 5% The FOMC said it seeks to achieve maximum employment and inflation at the rate […] The post Fed raises rates by 25bps; Bitcoin remains essentially flat appeared first on CryptoSlate. дальше »

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Bitfinex Awarded First-Ever Digital Asset Service Provider License In El Salvador

El Salvador, the world’s first nation-state to establish bitcoin as legal tender, has issued a digital assets license to crypto exchange Bitfinex. This marks a landmark achievement for Bitfinex as it has essentially become the first crypto firm to secure El Salvador’s license to operate its regulated trading platform in the tiny Central American country. […] дальше »

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CoinJoin volume explodes as investors seemingly opt for privacy

Quick Take A CoinJoin is “essentially a combination of many separate individual transactions into a single larger one, such that it is not possible to link the transaction inputs (the origin of the coins) to the outputs (the destination addresses of the coins) with the on-chain data. дальше »

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NFTs will act as high-end property during boom cycles: Real Vision CEO

The former hedge fund manager says that top-tier NFTs essentially serve as status symbols and should see significant upside during crypto boom cycles. дальше »

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Are Nigerians Really Buying Bitcoin For As High As $34,000?

Over the last couple of weeks, reports have emerged that crypto users in Nigeria have been buying bitcoin (BTC) for a pretty hefty premium. On the surface, it may seem that these reports are accurate, but they are essentially wrong, and this report will address how. дальше »

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Paxos wants to up USDP collateral backing for MakerDAO’s DAI stablecoin

Paxos has proposed a partnership with MakerDAO that will essentially increase the Paxos dollar (USDP) backing for the DAI stablecoin issued by the Maker protocol. Before it, Maker collaborated with Gemini, where the latter’s Gemini dollar (USDC) stablecoin was also… дальше »

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Litecoin (LTC) Halving 2023, Could This Spark a Price Rally In Ethereum (ETH) and Orbeon Protocol (ORBN)

Bitcoin, Litecoin and various other cryptocurrencies operate by a PoW (Proof of Work) mechanism, essentially securing the network by requiring miners to perform a certain amount of work in order to record transactions. дальше »

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GALA price movement: how far can the token climb after the recent 184% spike in value

GALA (GALA/USD) announced that Town Star, one of their flagship games on the platform, will now be powered by the GALA token directly instead of its own, TOWN token. Gala Games is essentially a blockchain-based platform that has the objective of creating an ecosystem for crypto games powered by the GALA token. дальше »

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Around 200+ Bitcoin [BTC] lost in a hack, says core developer

Luke Dashjr, one of the original core creators of Bitcoin, claimed that a hack that happened right before the new year cost him "essentially" all of his BTC. The developer claimed in a tweet on 1 JThe post Around 200+ Bitcoin [BTC] lost in a hack, says core developer appeared first on AMBCrypto. дальше »

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Should you buy UNI as Uniswap DAO votes in favor of altering the governance structure?

The Uniswap (UNI/USD) Decentralized Autonomous Organization (DAO) has unanimously voted in favor of a proposal to make the governance process frictionless. Uniswap is essentially a decentralized protocol that users leverage as a means of trading tokens built on top of the Ethereum (ETH/USD) blockchain. дальше »

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AVAX price movement after AvalancheGo got upgraded to Banff 5

The developers behind Avalanche (AVAX/USD) upgraded AvalancheGo, which is essentially the software implementation of the blockchain within the Go Programming language, to what is now known as Banff 5. дальше »

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Peer-to-Peer Crypto Marketplace Paxful Removes ETH From Platform

Peer-to-peer bitcoin (BTC) marketplace Paxful has removed ether (ETH) from its platform, with CEO Ray Youssef describing it as "essentially a digital form of fiat." дальше »

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Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG

The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs.

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Staking Becomes Easier With Oryen Network And Helium

Crypto staking is a popular way for crypto investors to earn a passive income, primarily because it is a relatively low-risk way to invest in digital assets. When you stake your crypto, you are essentially locking up your tokens in order to help validate transactions on a blockchain network. дальше »

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FTX, Alameda used Binance as intermediary for their parasitic relationship

In the aftermath of the FTX fallout, Bitcoin saw its price drop to a two-year low of $15,000, the exchange’s native token is on its way to becoming essentially worthless, and stablecoins across the market have been struggling to keep their peg. дальше »

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The RBF Debate Is A Matter Of Incentives And Individual Choice

Full RBF, while contentious, is essentially a matter of time, either through incentivized miners or through individual nodes. дальше »

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US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program

The redesignation of the crypto mixer essentially replaces the U.S. Treasury’s actions from August, establishing sanctions for its role in “enabling malicious cyber activities.” дальше »

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UK Legislators Plan to Hold an Inquiry on NFT Regulation and Investment Risks

NFT regulation in the U.K. is “essentially non-existent,” according to the DCMS committee, and MPs intend to evaluate the assets before a review by the treasury department. Seeking Public Opinion on NFTs The UK’s Digital, Culture, Media and Sport Committee… дальше »

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1INCH price movement after 1inch partnership with Revolut

1inch (1INCH/USD) network announced the launch of the crypto “Learn & Earn” course as a part of Revolut’s education program run with various partners. 1inch is essentially a decentralized exchange (DEX) aggregator solution that seeks deals across a multitude of different liquidity sources, with the goal of offering users better rates than any individual exchange. дальше »

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Can Russia Circumvent EU Sanctions Through Cryptocurrency?

Russia has seemingly turned to cryptocurrency since the West decided to ‘punish’ the nation for its invasion of Ukraine. A list of sanctions had been imposed upon the country by the United States and the EU which worked to essentially cut Russia off from world traders. дальше »

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Should you buy RUNE after THORChain suffers an outage due to a software bug?

THORChain (RUNE/USD) was halted on October 27, 2022, due to a software bug. THORChain, a blockchain network built on top of Cosmos (ATOM/USD), is essentially a decentralized liquidity protocol that allows users to trade cryptocurrencies across multiple networks in a non-custodial way. дальше »

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XRP price movement amid whales moving 158.71 million in minutes

Whales that held the XRP cryptocurrency have moved more than 158. 71 million tokens within the span of just three transactions. XRP (XRP/USD) is essentially the native cryptocurrency that is used by the open-sourced distributed ledger XRP Ledger (XRPL), powered by a network of peer-to-peer (P2P) servers. дальше »

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How far can AAVE and XTZ climb after Robinhood Markets listing?

Trading application Robinhood Markets added support for two new cryptocurrencies on their platform, including Aave (AAVE/USD) and Tezos (XTZ/USD). Aave is essentially a decentralized finance (DeFi) protocol that allows users the ability to lend cryptocurrencies for interest while also providing them with the opportunity to borrow crypto and real-world assets, forming a decentralized lending system. дальше »

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Should you buy LUNC after developers lower the burn tax rate?

The Terra Classic contributors within the blockchain have reduced the burn tax, which was applied to all Terra Classic (LUNC) transactions. Terra Classic is essentially the original Terra (LUNA/USD) coin which was left behind following the launch of the new Terra chain after its collapse. дальше »

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Avalanche blockchain went live on OpenSea, can this boost AVAX?

The largest peer-to-peer marketplace for NFTs on Ethereum (ETH/USD), OpenSea, made an official announcement that the Avalanche (AVAX/USD) blockchain went live in their store. Avalanche is essentially a cryptocurrency and a blockchain platform that aims to rival competing networks and is a fast platform that has support for smart contracts, where its main focus is […] The post Avalanche blockchain went live on OpenSea, can this boost AVAX? appeared first on Invezz. дальше »

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How far can MATIC climb as Polygon works with Shopping.io to integrate it for payments?

Polygon has begun working with Shopping. io as a means of integrating the MATIC cryptocurrency as a form of payment on the platform. Polygon (MATIC/USD) is essentially a platform purpose-built to scale Ethereum (ETH/USD) and provide an infrastructure on top of which developers can create numerous decentralized applications (dApps). дальше »

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Chainlink and SWIFT have announced a proof-of-concept, is now the right time to buy LINK?

The blockchain oracle network known as Chainlink has revealed that a collaborative proof-of-concept would essentially allow SWIFT to instruct token transfers across every blockchain environment. Chainlink (LINK/USD) is an open-source technology that enables blockchain platforms to interact with external data in a secure way. дальше »

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Win.app changes Play-to-Earn to Play-to-Win

Win. app aims to bring in a new era for blockchain gaming by becoming the ultimate play-to-earn gaming infrastructure for Web3. Developers worldwide will soon have access to the Win SDK, an out-of-the-box solution that empowers their games to support NFTs and crypto rewards, alongside new game modes like PvP and tournaments, essentially transforming any mobile game into a competitive multiplayer experience for Web3. дальше »

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The original token of the Terra Ecosystem LUNC is gaining momentum, how far can it climb?

Terra Luna Classic (LUNC/USD) is essentially the original token of the Terra Ecosystem, that originally featured the ticker symbol known as “LUNA” but was over time changed to LUNC (Luna Classic) due to the fact that there was a launch of the new Terra chain. дальше »

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Cardano (ADA) has an optimistic future and growth ahead of it and this is why

Cardano (ADA/USD) is essentially a Proof-of-Stake (PoS) blockchain that has undergone a lot of developments, all of which aim to make the network as efficient as possible. The project goes through peer-reviewed research, and its native cryptocurrency is known as ADA. дальше »

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Uniswap Foundation proposal approved, how will it affect the value of the UNI token?

Uniswap (UNI/USD) is essentially a decentralized exchange platform (DEX) purpose-built to enable peer-to-peer (P2P) market making. The native cryptocurrency utilized to power this DEX is the UNI cryptocurrency that allows users to trade cryptocurrencies without reliance on any third party. дальше »

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Ethereum Classic’s hashrate reached an all-time high, should you buy ETC?

Ethereum Classic (ETC/USD) is essentially an open-source, decentralized, and blockchain-based distributed cryptocurrency and network that has support for smart contract functionality. Ethereum Classic was formed in 2016 as a result of the Ethereum community’s disagreement regarding a change with the developers surrounding its immutability, where the entire network was affected. дальше »

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Top altcoins to buy in August with high return potential

Flux (FLUX/USD), Chiliz (CHZ/USD), and Injective (INJ/USD) are some of the best cryptocurrencies that you can buy in August.   FLUX has been gaining in value recently due to the fact that mining rigs can be utilized to essentially mine the cryptocurrency. дальше »

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Floki Inu partnered with ApeSwap, can this boost its value?

Floki Inu (FLOKI/USD) is essentially a dog-themed meme cryptocurrency inspired by competing tokens such as Shiba Inu (SHIB/USD) and Dogecoin (DOGE/USD).    In fact, the coin is named after Tesla and SpaceX’s Chief Executive Officer, Elon Musk’s dog. дальше »

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The future of ANKR after Binance Labs makes a strategic partnership with Ankr

Ankr (ANKR/USD) is essentially a decentralized blockchain infrastructure provider that can operate an array of different nodes on a global scale across numerous Proof-of-Stake (PoS) networks. It features an infrastructure that can help drive the growth of the crypto economy while also powering multi-chain tools available to Web3 users. дальше »

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