Author: e_cash_top

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[ad_1] The biggest news in the cryptoverse for Oct. 20 includes the British Pound’s increasing volatility that is nearing Bitcoin’s, the unprofitable Q3 for Bitcoin miners, and FTX CEO Sam Bankman-Fried’s thoughts on crypto regulations and Hodlonaut’s victory against Craig Wright. Bitcoin volatility stabilizes as the Pound’s soars higher After the recent market movements of…

Fidelity offers bullish views on Bitcoin amid rising dollar

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[ad_1] The digital asset subsidiary of Fidelity Investments has released a research document titled “The Rising Dollar and Bitcoin,” which takes a bullish view of Bitcoin in rising dollar markets. The research piece assessed the future potential of Bitcoin vis a vis its relationship with traditional currencies. Notably, the report sees the largest cryptocurrency by…

How can blockchain revolutionize social media? Phaver aims to be the social hub for web3 #SlateCast 25

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[ad_1] Phaver is a “share-to-earn” social media platform that runs on the Lens Protocol. This Web3 social media platform allows users to own their data and generate income streams by posting and sharing content. Phaver’s co-founder, Joonatan, describes the value of the platform by saying: “Users have control of their own profiles with the NFTs…

Ethereum records 1st deflationary month in history as circulating supply declines

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[ad_1] The has been debate on Ethereum’s potential to become deflationary after The Merge but the issuance increase in the days following the move to proof-of-stake appeared to negate the deflationary theory; however, the burn rate throughout October has led to ETH recording its first 30 deflationary days in history. After The Merge was completed…

South Africa deems cryptocurrency a ‘financial product’

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in Guides

[ad_1] South Africa’s financial regulator, The Financial Sector Conduct Authority (FSCA), classified crypto assets as a financial product and effectively subjected it to regulatory oversight upon the publication of the notice in the government gazette on Oct. 20. When Unathi Kamlana, the commissioner of the FSCA, signed the declaration into effect, it marked a watershed…

Bitcoin volatility stabilizes as the pound’s soars higher

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[ad_1] Twitter user @tier10k posted a Bloomberg chart showing the pound’s volatility nearing that of Bitcoin. In recent weeks, the pound has seen an uptick in volatility against the dollar, primarily spurred by political instability due to weaknesses in the U.K. economy. Particularly the fallout from the disastrous “mini budget.” Newly appointed Chancellor Jeremy Hunt…

L2 solution makes Cardano, Algorand network interoperable

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[ad_1] Cardano (ADA) founder Charles Hoskinson announced that Algorand (ALGO) is now on the Cardano network in reaction to the news that Mikomedia A1 Rollup is live on Algorand. And by the power of blockchain transitivity, Algorand is now on Cardano https://t.co/wpKDNB6LFW pic.twitter.com/1N6SlyRRdz — Charles Hoskinson (@IOHK_Charles) October 19, 2022 What is Milkomedia? Mikomedia is…

‘Hodlonaut’ declares victory against Craig Wright in Norwegian defamation case

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[ad_1] “Hodlonaut,” also known as Magnus Granath, took to Twitter to declare victory in his defamation lawsuit against self-described Bitcoin creator Craig Wright. I won. Welcome to law. — hodlonaut 🌮⚡🔑 🐝 (@hodlonaut) October 20, 2022 The six-day trial ended on Sept. 20, but an embargo prevented the result from being disclosed until Oct 20.…

Maker up 74% over past 30 days

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