Author: e_cash_top

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[ad_1] A recent analysis from Glassnode revealed that long-term holders (LTH) are locking their coins at a 33% loss, indicating an LTH capitulation that suggests Bitcoin (BTC) might have reached its bottom. At the same time, Wall Street disagrees and says BTC will see $10,000. Glassnode analysts said: “Bottom formation is often accompanied by LTHs…

What Lido staking dominance may mean for Ethereum’s future

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[ad_1] Lido DAO token holders have commenced voting to determine whether the DeFi platform should reduce its staking pool. The vote is a follow-up to a governance proposal released on June 24. The voting process results from a month-long deliberation over Lido’s staking dominance and whether it should limit itself to curb potential centralization risks.…

Op-ed: Zoom out

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in Latest news

[ad_1] The following content contains references to suicide. Today, Sept. 10, is international suicide prevention day. Each year over 700,000 people per year die from suicide around the world. The official number of how many are crypto or trading related is unknown. However, there are over 120,000 news stories on Google News of cryptocurrency-related suicides,…

CryptoSlate Daily wMarket Update – Sept. 6

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[ad_1] The total cryptocurrency market capitalization stood at $938.47 billion as of 07:00 UTC on Sept. 7 — down 5.2% over the past 24 hours. Bitcoin’s market cap fell by around $20 billion or 6.2% to $358.94 billion over the day. Meanwhile, Ethereum’s market cap stood at $185 billion, down 7.9% from around $201 billion…

MicroStrategy records $918M impairment loss in Q2, Saylor moves to new Chairman role

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in Markets

[ad_1] MicroStrategy recorded an impairment charge of $918 million on its Bitcoin (BTC) holdings in the second quarter, according to its earnings report released on August 2. The report also revealed that the company will create a new role of executive chairman, which Michael Saylor will fill. Meanwhile, Phong Le, the company’s president and chief financial…

India’s central bank plans CBDC launch in 2022 with help from fintechs, public banks

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in Guides

[ad_1] The Reserve Bank of India (RBI) is engaged in talks with fintech companies and four public sector banks to pilot Central Bank Digital Currency (CBDC) project, with a potential launch planned later in 2022, Moneycontrol reported Sept. 5. Fidelity National Information Services (FIS) is reportedly one of the companies the central bank is consulting. FIS…

Harvard, MIT, Oxford, others tap $2.5 billion BitDAO to aid blockchain education

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[ad_1] Eight world-famous universities, including UC Berkeley, Harvard, MIT, and Oxford, have founded a new decentralized autonomous organization (DAO) that will focus on addressing the “funding crisis and skills gap” in blockchain research and education. Dubbed Education DAO (EduDAO), the new organization will have access to a pool of $2.5 billion worth of assets provided…

Bitcoin retests $21K as it takes back ground from Ethereum ahead of The Merge

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[ad_1] Bitcoin is up 10.3% on the day following an overnight rally taking it back over $20,000 and testing the $21,000 resistance. Interestingly, the ETH-BTC chart shows that Ethereum gave up its recent gains against Bitcoin — falling 4% on the day. Ethereum rose 4.5% against the Dollar overnight but fell by a similar amount…

CommerceBlock CEO slams US Treasury Department’s crackdown on Tornado Cash, says it ‘makes little sense’

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in Reviews

[ad_1] The U.S. Department of Treasury made Ethereum-based mixer Torando Cash (TORN)the first smart contract to get sanctioned by the U.S. government by banning it on Aug. 8 to prevent North Korean criminals from laundering money. CommerceBlock’s privacy pioneer CEO Nicholas Gregory commented on this decision and told CryptoSlate that it is pointless when it comes…

Solana token holders can now earn staking rewards on Coinbase

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