Category: Latest news

[ad_1] Over the past month, Bitcoin has been trading relatively flat, ranging between $18,400 and $22,800. Against a deteriorating macroeconomic backdrop and an escalation of events in Eastern Europe, some analysts see this as the start of BTC decoupling from legacy markets. Bitcoin Futures Estimated Leverage Ratio The Bitcoin Futures Estimated Leverage Ratio (ELR) metric…

[ad_1] With approximately 70% of financial institutions and 59% of consumers in Europe interested in crypto-enabled payments, Ripple has partnered with Lemonway and Xbaht to leverage its On-Demand Liquidity (ODL ) solution to offer crypto payments to customers in France and Sweden. Ripple’s ODL enables low-cost and instant cross-border payments without the need for pre-funded…

[ad_1] De-pegged Terra Classic stablecoin, Terra UST (USTC), rose by over 30% after the emergence of a proposal by Terra classic core developer Tobias Andersen to re-peg the token. The proposal Andersen explained how he plans to re-peg the stablecoin using Quantitative Tightening (QT). While he discussed the possibility of re-pegging through Quantitative Easing (QE),…

[ad_1] Brazil’s Federal Police and the U.S. Homeland Security Investigations (HSI), along with the help of multiple other enforcement agencies have busted a global crypto fraud ring, according to a press release issued by the U.S. Immigration and Customs Enforcement (ICE) on Oct. 6. The Curitiba, Brazil-based crypto fraud ring took the form of a…

[ad_1] Unsecured lending protocol TrueFi has issued a notice of default to Blockwater Technologies for failing to repay a $3.4 million loan agreement. According to Blockwater’s borrower profile, the venture capital firm borrowed about $16.8 million from TrueFi in 2021. It repaid up to $13.4 million before seeking loan restructuring in August 2022. As a…

[ad_1] XEN Crypto, a new project on Ethereum, is responsible for over 40% of ETH burns and has made the network’s issuance deflationary for consecutive days, according to ultrasound.money data. When XEN launched — Ethereum supply shows reduction from Oct 8th onward… (Note 50% of Ethereum gas fees get burned). Bullish for Ethereum. pic.twitter.com/vA51H4rum5 —…

[ad_1] The biggest news in the cryptosphere for Oct. 10 includes Dominic Frisby’s take on Bitcoin and gold investments, the EU Commission’s tender that signals a regulatory framework for DeFi, and BitBoy Crypto’s allegations against the former SEC director for accepting bribes to declare Ethereum a commodity. CryptoSlate Top Stories EU signals regulatory intent with…

[ad_1] Since the Federal Reserve began hiking interest rates to control inflation, the cryptocurrency and stock markets have performed poorly, forcing investors’ interest in US Treasury bonds to rise. Investors flock to US Treasury bonds Investors appear to be piling in on US Treasury bonds because of their relative safe haven performance in light of…

[ad_1] Circle Policy Advisor Patrick Hansen tweeted details of a tender by the E.U. Commission to develop “embedded supervision” of decentralized finance (DeFi) on the Ethereum network. “The aim is to study technol. capabilities for automated supervisory monitoring of real-time DeFi activity.“ The value of the tender is estimated to be €250,000 ($242,600), and the…

[ad_1] Macro Overview Bank of Japan attempts to rescue the Yen On Sept. 22, the Bank of Japan (BOJ) became the first central bank to intervene with their currency to prevent a currency collapse through FX intervention. A few days later, the Bank of England became the second bank to intervene. Reuters reported that the…