Latest news about blockchain and cryptocurrencies
Jesse Powell. Source: A video screenshot, Youtube/Kraken Bitcoin Exchange Despite the recent sharp correction in the crypto market, Jesse Powell, Co-founder and CEO of major crypto exchange Kraken, still claims that one bitcoin (BTC) will buy you a Lamborghini (starts at USD 200K) by the end of the year, but he stressed that people should not gamble with their much-needed money in the crypto…
Read more →Elon Musk. It seems that Ethereum (ETH) co-founder Vitalik Buterin’s argument that the markets would pay less attention to Tesla chief Elon Musk’s Bitcoin (BTC)-related tweets got a continuation - with a sentiment tracking company finding less than 15% of May tweets about Musk being positive. The positive-to-negative sentiment of tweets about the SpaceX chief reached…
Read more →Tether is a type of cryptocurrency known as a stablecoin, that’s pegged to the price of the U.S. dollar. Here’s everything you need to know….
Continue reading on https://decrypt.co/5704/tether-2
Read more →Despite the recent selloff, some cryptoassets did much better than others last week, as the market started showing some early signs of a potential recovery. The top five coins leading the market out of the slump were decentralized finance (DeFi) darlings polygon (MATIC), enjin coin (ENJ), decred (DCR), uniswap (UNI), as well as crypto platform Horizen’s ZEN - all of…
Read more →The financial asset manager, Wisdomtree, is now the second institution to file for an ethereum-based exchange-traded fund (ETF), following Vaneck’s recent filing on May 7. The recently filed S-1 with the U.S. Securities and Exchange Commission (SEC) says the fund’s “investment objective is to gain exposure to the price of ether.” Wisdomtree Follows Vaneck’s Lead […]…
Read more →Source: Adobe/H_Ko Ethereum (ETH) is changing. Not only is it undertaking the gradual process of transitioning to a proof-of-stake (PoS) consensus mechanism, but it’s only a couple of months away from significantly revamping its monetary system, via Ethereum Improvement Proposal (EIP) 1559. EIP-1559 proposes to split Ethereum gas fees into two parts: a tip which can be set by a transaction’s…
Read more →For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or the Binance Smart Chain. Layer 2 and Sidechain Competitors Command $251 Million in Bitcoin Value […]…
Read more →The blockchain company Tether has announced it will make available its stablecoin token as a native asset in Avalanche, a smart contract platform that has picked steam in the last year. Avalanche has a growing decentralized finance (defi) ecosystem, so this launch will most likely improve its state, providing users an official and safe way […]…
Read more →After revealing their reserves breakdown, Tether, the issuer of the most popular stablecoin, tether (USDT), still needs to respond to skeptics that remain unconvinced by the latest numbers and what might be behind them.
This time, despite the settlement with the New York Attorney General’s Office (NYAG), the independent accountant’s report and the reveal of Tether’s reserves…
Following a string of rises, albeit a short one, the crypto market sentiment saw a drop over the past week, but one that was not large enough to push it out of the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins fell to 6.21 compared to last week’s 6.39, according to the data provided by the crypto market sentiment…
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