In a Davos interview, Codex’s Alex Gordon-Brander talked about the Ethereum launch, Codex’ liquidity specialties, and solving real-world problems with crypto. Co-founder and chief evangelist officer for Codex, Alex Gordon-Brander, spoke to Cointelegraph about his Bitcoin story, the real-world use cases for crypto, and the economic downturn during a World Economic Forum interview in Davos,...Continue Reading

The NY State Department of Financial Services, notorious for its strictness, claims to be the first regulator in the country to impose requirements of the type. The New York State Department of Financial Services (DFS) on Wednesday released regulatory guidance for U.S. dollar-backed stablecoins issued by DFS-regulated entities. According to a DFS statement, it is...Continue Reading

Regulatory pressure and macroeconomic uncertainty continue to pin traders’ sentiment and BTC price under $32,000. Since May 10, the Bitcoin (BTC) chart shows a relatively tight range of price movement and the cryptocurrency has failed to break the $32,000 resistance on multiple occasions. BTC-USD 12-hour price at Coinbase. Source: TradingView The choppy trading partially reflects...Continue Reading

Decentralized autonomous organizations continue to gain traction. In the case of Delphia, retail traders will be rewarded for contributing their personal data. Algo-adviser startup Delphia has closed a $60 million investment round backed by some of crypto’s biggest venture funds as it embarks on the creation of a new data-focused decentralized autonomous organization (DAO).  The...Continue Reading

Bitcoin and altcoins are losing bullish momentum and persistent selling at overhead resistance suggests that the current consolidation is far from over. Bitcoin (BTC) continues to trade in a range with the local tops and bottoms coinciding with increased whale activity in the region, according to on-chain analytics resource Whalemap. The range-bound action in Bitcoin...Continue Reading

Although traditional fund managers remain hesitant about investing in Bitcoin and Ether, their exposure to digital assets appears to be growing. Traditional hedge funds are slowly embracing cryptocurrency investments but are keeping their exposure limited as the market continues to mature, according to new research from PricewaterhouseCoopers, or PwC. In its 4th Annual Global Crypto...Continue Reading

Cointelegraph explored Web3 creator economy protocol DEIP’s metaverse in an online event last week. A metaverse project that would provide a digital hub for creators gave the community an opportunity to travel within its metaverse city and explore an early version of the vision that it aims to achieve. Last week, Web3 creator economy protocol...Continue Reading

Like a Rorschach ink blot, the Federal Reserve Board’s CBDC discussion paper provided stakeholders with an opportunity to find what they wanted to see in it. In January, the United States Federal Reserve Board of Governors released a discussion paper on a potential U.S. central bank digital currency (CBDC) titled “Money and Payments: The U.S....Continue Reading

Walking into Remote and Digitals La Casa co-working space on the tropical island of Koh Pha-ngan, you wonder how anybody gets any work done. I sip a cocktail and wait for my burrito as James Brown plays in the background.Theres a real palm tree growing at the edge of the cafe, and behind it sits...Continue Reading

U.S. dollar strength is waning as traders hope for critical levels to break to exit Bitcoin’s “no trade zone.” Bitcoin (BTC) showed strength at the June 8 Wall Street open as impatient traders waited for a trend to emerge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin still in “no trade zone”  Data from Cointelegraph...Continue Reading