Category: Uncategorized

[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…

[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…

[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…

[ad_1] U.S-based crypto exchange Coinbase users will now be able to stake their Solana token on the platform and earn rewards from doing so. Coinbase made this known in a June 29 blog post stating that it was expanding its staking services to include Solana. Staking services allow token holders to assign their tokens to…

[ad_1] The crypto market is maturing, but investments in the space are expected to keep declining in 2022, according to leading financial company KPMG report. According to the report, global investments into crypto during the first six months of 2022 stood at $14.2 billion from 725 deals. In comparison, $32.1 billion was invested in the…

[ad_1] Dubbed Project Hamilton, exploratory research between the Federal Reserve of Boston and the Massachusetts Institute of Technology’s (MIT) released the first round of results in modeling a digital dollar. The results of the initial technological research into a central bank digital currency (CBDC) were published accompanied by an open-source code in github for contributions.…

[ad_1] A total of $96 million worth of positions on Bitcoin got liquidated in the last 12 hours, 77% of which were short positions. Bitcoin surge started at 3 a.m. UTC on Sept. 9, and has recorded a 10.5% increase since then. The price broke $20,000 in three hours and $21,000 in about 15 hours.…

[ad_1] Proof of Stake (PoS) blockchains are waiting for you to stake your crypto. Yet staking’s low participation — only 24% of the total market cap of staking platforms are locked in staking — means that crypto enthusiasts have yet to realize its benefits. While PoS blockchains are improving the way the crypto ecosystem functions,…

[ad_1] Quantitative tightening (QT) reduces the Federal Reserve’s balance sheet. It transfers a significant amount of Treasury and agency mortgage-backed securities to investors. The current Fed policy is to use QT as a tool to combat inflation as well as increasing interest rates. It is the opposite of what has been more prevalent over the past…

[ad_1] Researchers from the Queensland University of Technology recently published a study on the dark tetrad personality and cryptocurrency attitudes. They found dark tetrad personalities “like” Bitcoin and cryptocurrency. Many, especially those holding anti-crypto sentiment, interpreted the results to mean Bitcoin investors are calculating psychopaths that lack humility. However, researchers were keen to stress that…