Bloomberg crypto analyst Jamie Coutts believes it's a “missed opportunity” that traditional asset managers choose not the educate themselves on crypto.
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‘Fear of the unknown’ holds back tradfi investors from crypto — Bloomberg analyst
Bloomberg crypto analyst Jamie Coutts believes it's a “missed opportunity” that traditional asset managers choose not the educate themselves on crypto.
Hearing: Alternative payments’ threat to national security goes far beyond crypto
Crypto is just the tip of the iceberg, experts tell a U.S. House Financial Service subcommittee in testimony on payment systems and national security.
Crypto and stocks soften ahead of Fed rate hike, but XRP, ALGO and LDO look ‘interesting’
Prices remain soft across the market as traders await Federal Reserve Chair Jerome Powell’s statement on the size of the next interest rate hike.
At the moment, the market consensus is a 0.75 bps rate hike and a sliver of analysts are banking on 1%.
Stocks also appear en-route to close the day in the red, with the Dow down 0.75%, and the S&P 500 and Nasdaq registering a 0.79% and 0.64% loss. Bitcoin continues to fight what appears to be a losing battle at the $19,000 mark, while Ether (ETH) dug a little deeper into its post-Merge dip by making an intra-day low at $1,329.
While BTC, Ether and altcoins aren’t making any notable moves that defy the current downtrend, from the perspective of market structure and technical analysis, there are a few interesting developments occurring.
Lido (LDO) has corrected alongside Ethereum now that the Merge-trade fervor has subsided, but the asset currently trades in what some would say is a bull flag. While ETH bulls and traders might have taken profits on their long Ether positions, the Merge was a success, stakers and validators still derive yield from the altcoin and the fundamentals that turned investors bullish on Ether remain present.
Crypto and stocks soften ahead of Fed rate hike, but XRP, ALGO and LDO look ‘interesting’
Crypto and stock markets continue to correct, but that doesn’t mean all the investment opportunities are gone.
Crypto and stocks soften ahead of Fed rate hike, but XRP, ALGO and LDO look ‘interesting’
Prices remain soft across the market as traders await Federal Reserve Chair Jerome Powell’s statement on the size of the next interest rate hike.
At the moment, the market consensus is a 0.75 bps rate hike and a sliver of analysts are banking on 1%.
Stocks also appear en route to close the day in the red, with the Dow down 0.75% and the S&P 500 and Nasdaq registering a 0.79% and 0.64% loss, respectively. Bitcoin (BTC) continues to fight what appears to be a losing battle at the $19,000 mark, while Ether (ETH) dug a little deeper into its post-Merge dip by making an intra-day low at $1,329.
While BTC, ETH and altcoins aren’t making any notable moves that defy the current downtrend, from the perspective of market structure and technical analysis, there are a few interesting developments occurring.
Lido (LDO) has corrected alongside Ethereum now that the Merge-trade fervor has subsided, but the asset currently trades in what some would say is a bull flag. While ETH bulls and traders might have taken profits on their long Ether positions, the Merge was a success, stakers and validators still derive yield from the altcoin and the fundamentals that turned investors bullish on Ether remain present.
OpenSea to allow creators to host token sales directly through its homepage
The marketplace intends to prioritize storytelling by allowing NFT creators to design customizable drop pages, share images, videos and more.
Litecoin Foundation’s managing director shares his thoughts on decentralized money
The Litecoin blockchain has been up and running for over a decade with no downtime.
Staking providers could expand institutional presence in the crypto space: Report
The recent Ethereum upgrade highlights staking opportunities for institutional holders. In the short term, however, liquidity is still an issue, .
US Treasury official says crypto mixers are a 'concern' in enforcing sanctions
Assistant Secretary at the Treasury Department Elizabeth Rosenberg said sanctioning crypto mixers could help deter money laundering from entities in Russia, Iran and North Korea.
Maple Finance launches $300M lending pool for Bitcoin mining firms
The institutional lending platform has facilitated $1.8 billion worth of digital currency loans since May 2021.
The crypto market is dumping after the Ethereum Merge. Bears are winning, but why? | Find out now on The Market Report.
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss why the crypto market is dumping after the Ethereum Merge and the top headlines in the crypto space.
Crypto market is dumping after Ethereum Merge, but why? | Find out now on The Market Report
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss why the crypto market is dumping after the Ethereum Merge and the top headlines in the crypto space.
Ethereum miners dump 30K ETH, stonewalling 'ultra sound money' deflation narrative
Ethereum miners have sold over $40 million worth of ETH because of the Merge and plummeting revenue.
Ethereum miners dump 30K ETH, stonewalling 'ultra sound money' deflation narrative
Ethereum's switch to proof-of-stake (PoS) on Sept. 15 failed to extend Ether's (ETH) upside momentum as ETH miners added sell pressure to the market.
On the daily chart, ETH price declined from around $1,650 on Sept. 15 to around $1,350 on Sept. 20, an almost 16% drop. The ETH/USD pair dropped in sync with other top cryptocurrencies, including Bitcoin (BTC), amid worries about higher Federal Reserve rate hikes.
ETH/USD daily price chart. Source: TradingViewEthereum remains inflationary
The Ether price drop on Sept. 15 also coincided with an increase in ETH supply, albeit not immediately post-Merge.
Roughly 24 hours later, the supply change flipped positive once more, pouring cold water on the "ultra sound money" narrative due to a deflationary environment that some proponents expected post-Merge.
Pre-Merge, Ethereum distributed around 13,000 ETH per day to its proof-of-stake (PoW) miners and about 1,600 ETH to its PoS validators. But the rewards to miners dropped after the Merge went live by roughly 90%.
Crypto insurance market expands with decentralized and centralized options
Crypto insurance is becoming more important as investors and crypto companies look to secure their digital assets.
BNB Chain launches a new community-run security mechanism to protect users
The AvengerDAO was developed in association with some of the leading blockchain security analytic firms and top DeFi projects in the crypto ecosystem.
Saving the planet could be blockchain’s killer app
“Putting Paris Agreement carbon markets on Ethereum and connecting the national carbon accounts of the world, is blockchain’s killer app.”
Saving the planet could be blockchain’s killer app
“Putting Paris Agreement carbon markets on Ethereum and connecting the national carbon accounts of the world, is blockchain’s killer app.”
Saving the planet could be blockchain’s killer app
The sustainability movement has emerged as a 21st century megatrend, and it shows no signs of abating. Record heat in Europe, wildfires in the U.S. West, floods in Pakistan, drought in China, and accelerating ice cap melt in Greenland and Antarctica have driven home to many the looming threat of climate change.
Meanwhile, the New York Times declared in December “the sustainable industrial revolution is just getting started,” and even heavy industries like shipping, steel, and plastics are beginning to grasp the importance of an ecologically sustainable future — developing products like “green steel,” which is a fossil-free steelmaking process.
But hurdles remain, including questions about transparency, accountability, traceability, trust, data integrity, and even greenwashing (making false or insincere environmental claims.) Or as the Times asked: “Can some of history’s highest-polluting industries be trusted?” in spite of their professed good intentions.
This is where blockchain technology could make a difference. Like the sustainability movement itself, blockchain tech is global, 21st century, and mostly unformed though likely to be shaped soon by new laws and rules. Blockchains can simplify and lower costs of ESG (environmental, social and governance) reporting, build trust in “collected” data, develop new eco-related trading markets, and suggest new sources of innovation.
Blockchain can prove that green energy is really green. (Source: Pexels)In March, for instance, automaker Volkswagen announced that it was using blockchain technology to help ensure that electric vehicle (EV) charging stations were using sustainable sources to recharge their electric cars. This move is aimed at consumers who want validation that the energy being used to recharge their vehicles isn’t coming from brown coal-powered electric companies or the like. BMW is said to be developing something similar.
