A renewed focus on decentralization, the steady growth of DeFi’s liquid staking sector and investment from institutions could benefit LDO token in the long-term. Liquid staking has grown in popularity over the past year thanks in part to the launch of the Ethereum beacon chain and the inability of ETH stakers to withdraw their tokens until...Continue Reading
Optimism Foundation will launch a governance token called OP to govern protocol and network parameters, and incentivize adoption. The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum (ETH), the world’s largest smart contract platform. The “Optimism Collective” was introduced...Continue Reading
In a 52-43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard to be vice chair of the Federal Reserve System for four years. After weeks of delays in part due to partisan obstructionism, the United States Senate has confirmed the nomination of Federal Reserve board of governors member Lael Brainard to...Continue Reading
An assortment of on-chain and derivatives data signal that ETH price is unlikely to rally above $3,500 any time soon. Analyzing Ether’s (ETH) current price chart paints a bearish picture which is largely justified by the 11% drop over the past month, but other traditional finance assets faced more extreme price corrections in the same...Continue Reading
BTC price fell below $38,000 as tech stocks sold off and traders watched cautiously to see if Bitcoin can hold its “macro-level support” zone. The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk’s purchase of Twitter began to fade and concerns about the state...Continue Reading
Uncertainty over regulation remains a key barrier to crypto investing according to Bitstamp. Global crypto exchange Bitstamp released its Crypto Pulse survey on Tuesday and concluded that both institutional and retail investors believe that crypto will overtake many traditional investment vehicles within a decade — specifically 8 out of 10, or 80%, of institutional respondents and...Continue Reading
APE price now risks crashing by almost 20% from today’s price based on its rising wedge pattern. ApeCoin (APE) underwent a modest selloff a day after Bored Ape Yacht Club (BAYC), a popular nonfungible token (NFT) brand, reported losing $2.4 million worth of digital collectibles in a robbery. APE price rally to $25 stalls The...Continue Reading
“We are going to become the first city in the world to mine Bitcoin here on site at city hall,” said Fort Worth Mayor Mattie Parker. Fort Worth, Texas has launched a pilot program to mine Bitcoin in partnership with the Texas Blockchain Council. In a Tuesday city council meeting, Fort Worth approved a resolution to start...Continue Reading
It only took Terra one year and 22 protocols to become the second-largest DeFi blockchain. How was it achieved, and for how long will it remain on top? Cointelegraph Research fundamentally evaluates Terra in its 50-page report to provide an in-depth analysis of its recent updates, including Columbus-5, the Bitcoin (BTC) acquisition and others. Decentralized...Continue Reading
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the top three trending altcoins to buy in 2022 The Market Report with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss the top three trending altcoins you might want to consider looking at in 2022. But first, market...Continue Reading
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