Bitcoin funds saw largest single week of outflows since June 2021
“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares wrote.
Coinbase took out the first Bitcoin-backed loan from Goldman Sachs
The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street first, paving the way for others to follow.
WSJ says ‘the NFT market is collapsing’ but the data says otherwise
An article by the WSJ suggesting the non-fungible token (NFT) market is “collapsing” doesn’t show the full picture as contrasting analysis reveal a consolidation is instead taking place.
Ethereum Founder wants L2 transactions to be lower than 5c; Here’s why
The Ethereum network is one of the earliest crypto projects that entered the financial world. The fact that it was nothing like Bitcoin was its USP. It emerged as a…
South Korea’s new president delays crypto taxes in favor of consumer protections
The country’s president elect is proving his crypto savvy by declaring there will be no tax on crypto investment gains until legislation can ensure consumer protections.
Ethereum Above $23,000 By 2030: Crypto Experts Share Thesis For Ambitious Target
A panel of industry experts has ambitious price targets in mind for Ethereum (CRYPTO: ETH) over the next few years. What Happened: According to a report from Finder, a panel…
Crypto-Friendly Tim Ryan, JD Vance to Vie for Ohio’s Open Senate Seat
Both Ryan, a Democrat, and Vance, a Republican, support cryptocurrencies.
Vitalik: L2 transaction fees need to be under 5c to be ‘truly acceptable’
Despite Layer-2s offering relatively cheap transactions, Vitalik Buterin said that all transactions need to be under $0.05 to be truly acceptable.
Gamers are Wrong to be Suspicious of In-Game NFTs
Gamers: Integration of NFTs into video games is still in its early stages, and there is a lot of potential for positive change, says Jonathan Schemoul, CEO of Aleph.im. In…
Who’s Surprised by the SEC’s ‘Power Grab?’
Something like $200 million in various cryptos were stolen, exploited or just plain burned over the past eight days. Given that, is it any wonder that regulators like Gary Gensler…