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Nothing keeps a Bitcoin bull down for long, and now, BTC price action is back above $30,000 after 24-hour gains of 30%. Bitcoin (BTC) came back with a vengeance on May 13 as bulls stepped in to take the market to near $31,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin RSI stays firmly oversold...
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As the debate over the trustworthiness of stablecoins intensifies due to Terra, one expert thinks builders should push for the coins to be decentralized with a clear use case. In light of recent market effects due to the collapse of the Terra USD (UST) stablecoin, several questions should be answered about what makes a stablecoin...
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The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure. Commissioner Hester Peirce — also known as the Securities and Exchange Commission’s (SECs) “crypto mom” — has backed a regulatory framework for stablecoins that allows “room for there to be failure.”...
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“Imagine if someone had detected COVID-19 before it spread around the world – that is our vision,” said professor Raina MacIntyre. Ethereum co-founder Vitalik Buterin has donated $4 million worth of USD Coin (USDC) to the University of New South Wales (UNSW) to support the development of a pandemic detection tool. The capital, which equates...
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TZ APAC’s Colin Miles says that a new partnership with the National University of Singapore (NUS)’s School of Computing will help students learn about Tezos and blockchain. Colin Miles, the newly-appointed CEO of TZ APAC expects blockchain and web 3.0 curricula to start becoming an integral part of secondary and tertiary education within the next...
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Shares in the popular online brokerage Robinhood have spiked over 30% in after hours trading following billionaire Sam Bankman-Fried acquiring a 7.6% stake in the company. Sam Bankman-Fried, the billionaire founder and CEO of cryptocurrency exchange FTX has acquired a substantial 7.6% stake in the popular online brokerage, Robinhood.  The news was well received by...
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Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers. Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApp) built on the Near protocol, has launched a token fund worth $90 million.  The fund was launched today...
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Cointelegraph spoke with security experts who shared tips on how to keep crypto safe after a slew of robberies in the UK successfully stole thousands worth of crypto from everyday holders. There has been a spate of “crypto muggings” in London recently, with thieves threatening crypto holders with violence unless they transfer over their digital...
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“Nothing about Coinbase changed this week, we are the same company we were yesterday, or a year ago. If anything, we are in an even stronger position given our balance sheet,” assured Coinbase CEO Brian Armstrong. The price of Coinbase’s junk bonds are tanking amid an underwhelming performance in Q1 and fears over what could...
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Traders identify key support and resistance levels that Ethereum must hold as ETH price trades at levels not seen since July 2021. The crypto market experienced another day of pain on May 12 as the fallout from the Terra’s LUNA and UST failure continues to ripple across the ecosystem. While the coverage for UST and...
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