The price paid for “whale coins” is revealed as a potential new bear market bottom zone for BTC. Bitcoin (BTC) has a new downside price target as more research highlights the potential role of whales in setting a macro floor. In the latest edition of its weekly newsletter, The Week On-Chain, analytics firm Glassnode provided...Continue Reading
Members of the committee passed the crypto framework policy in a vote of 28 in favor and one against, with a final vote expected with the full Parliament soon. Policymakers with the European Parliament Committee on Economic and Monetary Affairs, or ECON, have approved the Markets in Crypto-Assets framework following a vote from the European...Continue Reading
The racing competition has plans to set up an online marketplace for cryptocurrency, meta tokens, digital collectibles, crypto-collectibles, and NFTs. Formula One is looking to establish itself within the Web3 ecosystem with eight recently filed trademarks for its globally recognized “F1” abbreviation. According to licensed trademark attorney Mike Kondoudis, the race-car league filed eight trademark...Continue Reading
The anonymous creator, 0xngmi, has developed a new protocol allowing users to become liquidity providers for their nonfungible token collections. According to a recent Twitter post by 0xngmi, the anonymous creator of decentralized finance (DeFi) project aggregator DefiLlama, the smart contract code for a novel nonfungible tokens (NFT) borrowing and lending protocol dubbed “LlamaLend” is...Continue Reading
Multiple on-chain and technical analysis metrics suggest the crypto market is in for a sharp price move. Here is a strategy pro traders use to profit from volatility. Analysts who closely monitor traditional markets have started calling for a volatility spike in cryptocurrencies due to dire macroeconomic conditions. Signs of stress coming from credit markets...Continue Reading
With a reported net worth of roughly $7.5 billion, the veteran hedge fund manager said he still has a “very minor allocation” of Bitcoin. Veteran investor Paul Tudor Jones said he still has a “very minor allocation” to Bitcoin amid the price volatility, citing economic patterns since the 1970s in his reasons for hodling. In...Continue Reading
Under the agreement, more than $2 million would be returned to Transit Swap users. On Oct. 10, decentralized finance (DeFi) protocol Transit Swap announced that it had reached an agreement with its biggest hacker for the return of funds. Approximately one week prior, a hacker exploited an internal bug on a swap contract within the...Continue Reading
BTC price action may stay cool until October 12, one analyst argues, as a historical volatility indicator prints a rare warning signal. Bitcoin (BTC) trading was unmoved at the Oct. 10 Wall Street open as one trader predicted it would take until Wednesday for volatility to start impacting price. BTC/USD 1-hour candle chart (Bitstamp). Source:...Continue Reading
Defi protocols Aave and Uniswap, along with other projects, will be among the first projects to deploy on the zkEVM testnet. Decentralized Ethereum (ETH) scaling platform Polygon (MATIC) announced the launch of Polygon zkEVM Public Testnet, an “Ethereum-equivalent” ecosystem with cross-compatibility to existing smart contracts, developer tools, and wallets built on Ethereum and Polygon PoS....Continue Reading
Charles Hoskinson, the founder of Cardano, shares his critical views on the two leading cryptocurrencies in an exclusive Cointelegraph interview. Cardano founder Charles Hoskinson has been pointing out the flaws affecting the Ethereum protocol following its latest upgrade. A major issue, according to Hoskinson, is the locking mechanism that prevents investors from withdrawing their staked...Continue Reading
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