Category: Latest news

[ad_1] Quick Take The mempool is approaching 1 gigabyte, which is a crazy feat. Currently, transactions below five sat/vbyte will be purged, with over 60,000 unconfirmed. However, this demand isn’t coming from inscriptions The number of new Inscriptions per day, breakdown by file type, has hit a new low since inscriptions took place in early…

[ad_1] Ad Congressman Tom Emmer and Darren Soto introduced a bipartisan bill on March 23 called the Blockchain Regulatory Certainty Act to establish more clarity for the crypto industry. Emmer serves as co-chair of the Congressional Blockchain Caucus alongside Soto. He said in the announcement: “Crypto and blockchain technology, by nature, does not easily fit…

[ad_1] Ad Crypto exchange Uphold, which is integrated into the Brave Rewards program of the Brave browser, has sent an email to customers indicating that it will end its staking services to U.S. customers on April 27, 2023. Following recent moves by the SEC to crack down on crypto-related products and companies, Uphold announced that…

[ad_1] Ad Switzerland-based startup Centi announced the launch of a stablecoin pegged to the Swiss franc on March 21, according to a press release. The token is called the Centi Franc Stablecoin (CCHF), and it will be backed 1:1 by a Swiss bank guarantee. The company said that the CCHF coin will serve as the…

[ad_1] Ad Arbitrum’s newly airdropped token ARB price dropped by around 90% to $1.20 as investors rapidly dumped their token, according to CryptoSlate’s data. During the first hour of its claim, the ARB token traded for $3.99 on decentralized exchange (DEX) Uniswap and above $5 on centralized exchanges like KuCoin, Kraken, and OKX. During the…

[ad_1] Ad Circle CEO Jeremy Allaire has warned about the risks facing the crypto market due to exposure to the U.S. Dollar and the regulatory risk in the U.S. financial system. In a March 23 Twitter thread, Allaire said there “seems to be a large-scale risk-off from USD that is exposed to US banks and…

[ad_1] Quick Take Yesterday was volatile for Bitcoin — hitting $26,500 and $28,600 in one day. The federal reserve raised 25bps, plus a conference with Powell that sent risk assets lower for the day. However, we understand now that liquidations were the main driver behind the drop in price for Bitcoin. While spot Bitcoin was…

[ad_1] Ad The cryptocurrency market cap saw net outflows of $16.95 billion over the last 24 hours and currently stands at $1.16 trillion – down 1.4% from $1.18 trillion. During the reporting period, the market caps of Bitcoin and Ethereum decreased by 1.9% and 1.9% to $534.7 billion and $214.8 billion, respectively. The top 10…

[ad_1] Ad Coinbase CEO Brian Armstrong sold Coinbase shares prior to receiving a warning from the Securities and Exchange Commission (SEC), according to data shared on Twitter by crypto sleuth, @theirish_man. Armstong has been selling his shares since November 2022, but the three sales transactions recorded days before the SEC warning caused Coinbase shares to…

[ad_1] Ad The crypto community rallied to support Coinbase after the exchange disclosed receiving a Wells Notice. A Wells Notice refers to the formal notification that the SEC intends to bring an enforcement action against the recipient. Founder of Custodia Bank Caitlin Long said, “every exchange” was sent a Wells Notice in early February, but…