Category: Uncategorized
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Bitcoin Risk Signal suggests further downside in coming weeks
[ad_1] Bitcoin has rallied back to retest the $21,000 resistance but the Bitcoin Risk Signal, provided by Glassnode and Swissblock technologies, hit a yearly high on Sept. 5 and is still at 87 out of 100 following today’s pump. The Bitcoin risk signal gauges the amount of risk of a significant drawdown in Bitcoin price.…
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Institutional bank Sygnum announces Cardano staking, community divided over institutional adoption
[ad_1] Zurich-based Sygnum Bank announced it had expanded its product offerings to include Cardano (ADA) staking. The firm said its clients can now securely stake ADA via its “institutional-grade banking platform to generate staking rewards.” However, the move has split the Cardano community, with skeptics voicing concerns about institutional adoption being a slippery slope. Institutional…
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CryptoSlate Daily wMarket Update – Sept. 8
[ad_1] The total cryptocurrency market capitalization continued its recovery from the previous day and stood at $1.03 trillion at 06:00 UTC on Sept. 9 — up 2.17% during the last 24 hours. Bitcoin’s market cap also bagged more gains, growing 5% over the past 24 hours to $388.1 billion from $369.61 billion the previous day.…
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Coinbase launches new global crypto think-tank
[ad_1] Leading cryptocurrency exchange, Coinbase has launched a new Coinbase Institute to advance policy debate around crypto and the future of Web3. The institute is focused on providing research, analysis, and insights about the Web3 space. According to the official Coinbase website, the institute is designed to bring together leaders across a range of subjects…
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Bitcoin holds steady as ECB implements 75 bps rate hike
[ad_1] Crypto market leader Bitcoin continued trading flat after the European Central Bank (ECB) announced a 75 basis point hike on Thursday. Source: BTCUSDT on TradingView.com At the end of August, Eurozone consumer inflation hit 9.1%, the highest level ever, and the ninth consecutive month of consumer price increases. With that, analysts expected the ECB…
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A new kind of blockchain investment optimized to create passive income
[ad_1] Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Time-based investments and bonding financial tools have been around for many years in the Traditional Finance (TradFi) world and have recently made their way onto blockchains, replacing centralized banking institutions with decentralized code-based protocols. These…
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CryptoSlate Daily wMarket Update – Sept. 7
[ad_1] The total cryptocurrency market capitalization recovered from the previous day and stood at $978.77 billion at 06:00 UTC on Sept 8 — up by 4.29% over the past 24 hours. Bitcoin’s market cap grew roughly 2.5% — $10 billion — over the day to $369.61 billion. Ethereum’s market cap, on the other hand, increased…
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Jay-Z, Jack Dorsey launch Bitcoin education classes for Marcy Houses residents
[ad_1] American rapper Shawn Corey Carter — professionally known as Jay-Z — has teamed up with Block CEO Jack Dorsey to offer the residents of Marcy Houses in Brooklyn, New York, Bitcoin Education courses. Shout out to @Jack. #Bitcoin Academy, starting in Marcy, a place that taught me so much, is hopefully the first of…
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SEC Chairman wants the CFTC to regulate Bitcoin, Ethereum
[ad_1] The Chairman of the SEC said he would support Congress handing more power to the CFTC to regulate cryptocurrencies. Speaking at an industry conference on Thursday, Gary Gensler said he was looking forward to giving the Commodity Futures Trading Commission greater authority over the crypto market “as long as it doesn’t take away power…
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Bifrost, Coinbase Cloud collaborate to offer cross-chain liquid staking on Kusama
[ad_1] Cross-chain liquidity provider Bitfrost has collaborated with Coinbase Cloud to offer its liquid staking service on the Kusama network, according to a Sept.6 announcement. Bifrost was built using the cross-consensus messaging (XCM) system which allows for easier transfer of liquidity for assets staked across the Polkadot ecosystem. The collaboration will see Bifrost leverage Coinbase…