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Lido, the liquidity staking protocol that supports staking, is now under some of the Ethereum community members’ crosshair. There are fears that the platform is centralizing Ethereum and could make the blockchain fragile. origin »
The market capitalization of Tether’s USDT had surpassed the previous all-time high of $83.2 billion Tether also stated plans to partner with a licensed mining company to promote sustainable The post Tether sits in a comfortable position as USDT reaches this milestone appeared first on AMBCrypto. origin »
Regulatory crackdown on Silvergate Capital and Silvergate Bank continues as the Federal Reserve and California's DFPI issue a cease and desist order, halting operations. origin »
The initial snapshot poll was voted against by the community in a surprising move. origin »
First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said. All reserves will be held in segregated accounts at regulated financial institutions. origin »
Nike has announced a partnership with video game maker EA Sports that will introduce exclusive virtual assets from Nike's web3 marketplace platform, .Swoosh, into upcoming EA Sports titles. origin »
The rise in Dogecoin daily transactions has been fueled by DRC-20 Ordinals. Will the drop in whale transactions trigger more downswing? The post Why is Dogecoin (DOGE) Price Falling Amid 8,200% Transaction Spike? appeared first on BeInCrypto. origin »
Bitcoin's Net Unrealized Profit/Loss indicator was 0. 27, indicating that the network was in profit. The increasing dormant supply of BTC served as evidence of investors' unwillingness to sell. origin »
BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers. origin »
Cardano transactions increased by 1.8 million in May. Active addresses and daily active addresses increased, but ADA price declined by 8%. Cardano [ADA] recently unveiled its monthly roundupThe post Cardano's transactions surge: Impact on key metrics and ADA appeared first on AMBCrypto. origin »
This will take Bitcoin price higher, top trader Henrik Zeberg convinced origin »
These products come on the back of the nano futures that were launched last year. origin »
Microsoft's deal with CoreWeave involves AI computing and will involve CoreWeave’s cloud computing infrastructure. Over the years, it could profit many billions of dollars for Microsoft. The post Former Ethereum Miner CoreWeave Inks Billion-Dollar AI Computing Contract With Microsoft appeared first on BeInCrypto. origin »
Bitcoin (BTC) has been on a rollercoaster ride for weeks. However, the largest cryptocurrency in the market seems poised to breach the $30,000 mark again if it continues its bullish momentum. Nevertheless, cryptocurrency experts are eyeing a key technical price level that could signal further volatility for the world’s most popular cryptocurrency. origin »
China has demonstrated growing interest in and acceptance of the Web3 and cryptocurrency industries in recent years. It’s worthwhile to look into some of the top Chinese coins that investors and fans should keep an eye on given the nation’s strong influence in the global cryptocurrency ecosystem. origin »
Ethereum price started a decent increase above the $1,870 resistance against the US Dollar. ETH could attempt an upside break above the key $1,920 resistance. Ethereum is slowly attempting a recovery wave from the $1,840 support zone. origin »
Discover Ethereum Worlds' MVP release for their community-focused Metaverse platform. Customize luxury apartments, showcase NFTs, and engage in immersive virtual living. The post Experience Luxury Living in Ethereum Towers’ Customizable Apartments appeared first on NFT News Today. origin »
LTC has outperformed both bitcoin and ether over the last 30 days. origin »
The CFTC has proposed a comprehensive revamp of its risk management regulations, emphasizing the need for firms to prepare themselves for the volatility of cryptocurrencies and the associated risks of holding customers' digital assets. origin »
Quick Take The U. S. House of Representatives passed the Debt Ceiling Bill on June 1. This provision will enable the U. S. government to continue spending indefinitely until January 2025. The total federal debt is projected to increase to $36 trillion from $31 trillion, per The Kobessi Letter. origin »
On-chain data shows Bitcoin (BTC) trades gradually transferring assets from experienced longer-term players to new market participants. That shows a transitioning market cycle. Glassnode confirmed that this is a common tendency amidst cycle inflection points. origin »
CleanSpark has announced the purchase of 12,500 units of the Antminer S19 XP bitcoin mining machines for a sum of $40.5 million. Once CleanSpark receives a shipment of the miners, its total hash rate is expected to reach 16 eta… origin »
A hacker known as “Pink Drainer” has discovered a method to enable private sales on Blur, a platform that typically does not offer this feature. This revelation, first shared by Twitter user Quit, has the potential to alter the dynamics… origin »
Coinspeaker Red Bull Signs Sponsorship Deal with Mysten Labs’ Sui Network This multi-year partnership between the two players aims to provide immersive digital experiences and enhance fan engagement, showcasing the potential of Web3 technology in connecting people. origin »
Совокупные поступления биткоин-майнеров в мае достигли $916 млн. На графике ниже видно, что показатель неуклонно растет с ноября прошлого года. Доля комиссий в совокупном объеме поступлений за прошлый месяц составила ~13,7%. источник »
Chiliz pushes for interconnectivity with other networks to leverage more liquidity. CHZ struggles to secure enough bullish momentum to escape the support range. Chiliz remained committed to The post Chiliz-Ankr collaborate and that means CHZ will... appeared first on AMBCrypto. origin »
Ethereum's average fees returned to reasonable levels after reaching a high in 2023. NFT trades rise as gas prices drop, while self-custody and bullish sentiment boost Ethereum's outlook. origin »
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. XRP witnessed a bearish start to May. Its maThe post XRP traders, know this about the 'golden pocket' appeared first on AMBCrypto. origin »
In this Alpha insight, we uncover the growing demand for downside protection on Bitcoin, as Swissblock reveals some intriguing data. With the put-to-call ratio signaling a shift in investor sentiment, we explore the macro factors sparking this uncertainty. origin »
Ripple's social volume and dominance recently hit its highest point in over a year. XRP's price trend showed a strong bullish trend and signs of decoupling from the general market trend. origin »
Bitcoin ended May down 8. 0% – its worth month since November. Galaxy Digital CEO Michael Novogratz is still bullish on BTC. He explained why this morning on CNBC’s “Squawk Box”. origin »
SYS Labs has scheduled the Rollux mainnet launch date as June 28, 2023. Rollux is an EVM-compatible Layer-2 scaling platform. The mainnet launch is expected after a successful testnet and positive feedback from the community. origin »
German telecommunications giant Deutsche Telekom has announced its support for the Polygon Blockchain infrastructure, becoming a validator on the Polygon network. Deutsche Telekom’s subsidiary, Deutsche Telekom MMS, will provide staking and validation services for the Proof-of-Stake (PoS) network and Polygon’s Supernets solutions. origin »
Bitcoin (BTC) closed its first negative month in 2023 origin »
Inscriptions accounted for over 39% of transactions and fees on the Bitcoin network. BTC price declined by over 1% as volume remained neutral. Recent reports indicated that the Bitcoin [BTC]The post How Bitcoin Inscriptions drove transaction volumes, fees on network appeared first on AMBCrypto. origin »
After witnessing a series of drops in the past weeks, Cardano reached a critical trading area where a major bounce or breakdown may come into play. Now negotiating for the next direction. The price of Cardano looks overstretched following past weeks of negative actions across the market. Due to the extreme drop in price, the […] origin »
BTC’s supply on exchanges increased, suggesting it was under selling pressure Bitcoin’s price increased by 2% in the last seven days, but miners were selling their holdings The month oThe post How traders can take advantage of Bitcoin's latest sell-off appeared first on AMBCrypto. origin »
Rising interest in staked ETH boosts platforms like Aave, Lido, Rocket Pool, and Frax Finance. Revenue increases, but token performance lags, signaling potential challenges for the associated tThe post Rising interest in staked ETH: These are the full implications appeared first on AMBCrypto. origin »
Key Takeaways Binance has become the latest crypto company to depart Canada amid regulatory concerns Canada is a small market but US regulators have also clamped down severely The move by Binance amplifies the growing concern within the industry that crypto will have no choice but to move offshore Another week, another story of regulatory […] The post What does Binance leaving Canada mean for the crypto industry? appeared first on CoinJournal. origin »
Over $45 million was lost to exit scams in May, while exploits on DeFi protocols racked up less than half that amount over the same period. origin »
Gemini, the popular cryptocurrency exchange founded by the Winklevoss twins, announced its intention to obtain a cryptocurrency service license in the United Arab Emirates (UAE). This move marks Gemini’s expansion into the Middle East market and reflects the growing interest in digital currencies within the UAE. origin »
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The U.S. overwhelmingly passed the recent deThe post May ends in red; what next Bitcoin traders? appeared first on AMBCrypto. origin »
Circle said on June 1 that it will soon launch a native version of its USD Coin (USDC) stablecoin on the Arbitrum blockchain. The new version of USDC will be “native to Arbitrum” and added that this asset will be considered Arbitrum’s official version of USDC, according to Circle. origin »
Financial Advisors should consider Real World Assets (RWA) as a way to approach the digital asset sector, minus most of the volatility. origin »
According to Lookonchain, out of Gate.io's total assets of $1.44 billion, SHIB represents $52 million origin »
The challenges brought on by recessions have been addressed by bitcoin and other cryptocurrencies. In addition to offering a more stable and secure means of storing value than conventional fiat currencies, proponents of cryptocurrencies claim that they can help protect people’s wealth during periods of economic unrest. origin »
This is not the first time that the MakerDAO has voted to invest in real-world assets and it is a sign of a willingness to do this to reduce risk. The post MakerDAO Community Approves $1.28B US Government Bond Investment appeared first on BeInCrypto. origin »
The MakerDAO community has voted to ditch Pax Dollar (USDP) stablecoin worth $500 million from its reserves. Maker’s treasury holds roughly half of the USDP’s $1 billion supply. New York state regulators in February forced Paxos to halt minting Binance USD (BUSD) stablecoin. origin »
Two bills that will seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at committee. origin »
Ankr reveals newest progress in its partnership with Chiliz origin »
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