Bitcoin Price Drops 6% While Bond Yields Spike.

The world’s top cryptocurrency by market cap, Bitcoin, has hit the $18,000 mark and is still dropping. The crypto has dipped by 6% within the last 24 hours and more in the previous week. BTC/USD breached the $19,000 triple bottom support when it crashed from $20,000 to $18,000, signaling a major selling sentiment among Investors. origin »

What are Utility NFTs?.

For most of us, NFTs refer to unique digital collectibles. However, the technology behind NFTs can create a wide range of other applications. The post What are Utility NFTs? appeared first on NFT News Today. origin »

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Algorand upgrade introduces trustless cross-chain communication and 5x speed.

Algorand (ALGO), a pure proof-of-stake (PoS) blockchain has tremendously improved its network performance and introduced more cross-chain functionality following a significant upgrade. The press release sharing this latest Algorand news  highlighted that the Layer1 network had  introduced State Proofs to its mainnet protocol, a feature that helped bump network speed from 1,200 transactions per second […] The post Algorand upgrade introduces trustless cross-chain communication and 5x speed appeared first on Invezz. origin »

Ahead of Vasil, Cardano Welcomes Its First Fixed Rate Lending protocol.

Kulfi Finance is the first Cardano fixed-rate money market. At launch, vaults will be dedicated to stable-asset and pegged-asset pairs, with additional vaults added in the future.   Louis Ryman, Chief technical officer at Kulfi, stated “By building upon Cardano, Kulfi has created a simple way for crypto users to access the benefits of the fixed rate money market. origin »

Two Months before World Cup, Fan Tokens Soar on MEXC Exchange.

Fan tokens of leading football clubs in Europe are ripping higher and outperforming the broader cryptocurrency market, according to details on September 5, 2022. Per statistics, fan tokens like $LAZIO, the fan token of Lazio football club in Italy, and $PSG of the Ligue 1 giant Paris Saint Germain, are defying gravity and have been posting double-digit gains in the last few trading sessions. origin »

A Stablecoin Law May Not Happen This Year.

Hey folks. Monday was a federal holiday in the U. S. so we’re taking it easy today. Reporting from my colleague Jesse Hamilton suggests that stablecoin legislation we expected to see released this month may not be coming after all. origin »

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Defiance launches an inverse blockchain ETF.

Defiance ETFs, one of the leading providers of thematic exchange-traded funds (ETFs) in the market, has announced the launch of a short blockchain ETF – targeting investors out to benefit from the broader bearish struggle across the crypto industry. origin »

CryptoSlate Daily wMarket Update – Sept. 7.

The total cryptocurrency market capitalization recovered from the previous day and stood at $978.77 billion at 06:00 UTC on Sept 8 — up by 4.29% over the past 24 hours. The post CryptoSlate Daily wMarket Update – Sept. 7 appeared first on CryptoSlate. origin »

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