Category: Latest news

[ad_1] The use of decentralized technologies in finance has become increasingly popular in recent years, as many people are looking for alternatives to traditional centralized systems. One project that is working to create a decentralized financial system is Dcred, which is a peer-to-peer cryptocurrency that uses a combination of proof of work and proof of…

[ad_1] Analysis from the crypto financial services platform Matrixport uncovered a Bitcoin Lunar New Year trading strategy that has worked every year since 2015. Twitter user @tier10k explained that buying Bitcoin on Lunar New Year day, then selling ten days later, has yielded an average 9% return between 2015 and 2022. Further, this strategy has…

[ad_1] Input Output (IO) are investigating the cause of an apparent bug that disconnected Cardano nodes — triggering a brief outage. 50% of the network nodes disconnected, then restarted for unknown reasons on Jan. 22, IO reported. However, the issue did not affect edge nodes, which act as gateways for end users to reach “worker…

[ad_1] Australian Financial Minister Stephen Jones said there was a “good argument” to regulate crypto assets as financial products, The Sydney Morning Heral reported on Jan. 23. Except for Bitcoin (BTC), other crypto assets are mainly used as a store of value for investment or speculation, according to Jones. He said: “[There is a] good…

[ad_1] European Union police agency (Europol) said it arrested five senior executives of the sanctioned Bitzlato exchange. The EU agency said Jan. 23 that the people arrested include the CEO, financial director, and marketing director in Spain. The arrest was made following eight house searches across Spain, Cyprus, Portugal, and the US. In course of…

[ad_1] Quick Take So far in 2023, risk-on assets have blown expectations out of the water, as Bitcoin and Ethereum have increased over 35% since the start of the year. January has seen financial markets shift expectations that interest rate policy could ease with inflation softening. In 2022, risk assets got crushed due to rate…

[ad_1] The cryptocurrency market cap saw net inflows of $73.96 billion since the last report on Jan. 20 and currently stands at $1,050 billion — up 7.6% from $976.82 billion. Bitcoin and Ethereum’s market cap grew 9% and 5.6% to $440.68 billion and $200.39 billion, respectively, since Jan. 20. Over the last 24 hours, the…

[ad_1] 0xPlasma Labs received initial governance approval to deploy the Uniswap V3 protocol to the BNB proof-of-stake (PoS) Chain. Uniswap deployment 0xPlasma Labs initiated a proposal on Dec. 12, 2022, seeking approval to deploy the Uniswap v3 to BNB Chain. As per the proposal, Uniswap could benefit from an additional $1 billion of TVL and…

[ad_1] The advertising regulatory board (ARB) of South Africa has directed crypto asset providers and influencers to communicate in their advertisements that investing in crypto assets may result in capital loss. ARB stated in its report on Jan. 23 that crypto advertisement providers must provide a balanced message about the returns, benefits, and risks associated…

[ad_1] Definition Hash rate is defined as the average estimated number of hashes per second produced by the miners in the network. The Hash Ribbon indicator shows that the worst of the miner capitulation is over when the 30-day moving average (MA) of the hash rate crosses above the 60-day MA (switch from light red…