Bitcoin price has drifted downward some 3.7% on the 30-day window beginning the second week in August. Meanwhile, Grayscale Investments dropped beginning crypto investors a hint to research further: “...
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USD Index keeps the bid bias above 102.00 so far
The index adds to the positive start of the week above 102.00. US yields correct lower across the curve on Tuesday. Fed’s Harker, Trade Balance, Wholesale Inventories next on tap. The USD Index (DXY),...
US Equity Indices Make Strong Comeback with Dow Jones Gaining 400 Points
After a week of losses on Wall Street, there have been some changes in the market. Last week, the Nasdaq Composite and S&P 500 went down by around 2.9% and 2.3%, respectively, making it their wors...
PayPal Launches PYUSD Stablecoin For Payments, The Community Reacts
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. American financial technology firm PayPal launched its new stablecoin called PayPal USD (PYUSD) on August 7...
New SQUID Game Token emerges after 2021 rug pull
Even though the original iteration of the Squid Game-inspired cryptocurrency turned out to be a rug-pull scam leaving holders unable to sell their SQUID assets, there is now another token as an homage...
Brazilian CBDC Unveils Name & Logo
Table of contents Brazil’s CBDC Unearned Icon To Represent Its New Banking Model Regularly alluded to as the “advanced genuine,” the Brazilian national bank computerized money gets i...
How Binance’s Financial Actions Helped to Stabilize Crypto Market
Binance CEO strategically withdrew USD from US banks following the collapse of Silvergate and Signature banks. This move seemingly prevented a potential collapse of the crypto market. Strategic asset ...
Bitcoin: New user influx raises hope amid sluggish price trend
New Bitcoin addresses have hit almost 600,000 as new accounts spiked. BTC was on its third day of decline as it stayed below $30,000. The Bitcoin [BTC] price has been experiencing difficulties in rece...
Nikola Stock’s Rollercoaster Ride Isn’t Over Yet
Text size Coming into Monday trading, Nikola stock is up more than 80% over the past month. Shares have been boosted by demand for the company’s hydrogen fuel cell-powered trucks. Krisztian Bocsi/Bloo...
Brazil names its controversial CBDC ‘DREX’
Brazil’s Central Bank revealed the official name of the new central bank digital currency (CBDC), also known as the digital real, DREX. The name was revealed during a live broadcast on the bank’s YouT...
Only 30% Of USDC Adoption Is Driven By US Customers, Circle CEO Reveals
Circle’s CEO Jeremy Allaire has revealed that US customers only account for 30% of stablecoin USDC’s adoption. This may come as a surprise to many, considering that Circle and its USDC token have been...
本田圭佑や渡辺創太らNext Web Capital出資の「LOCKON」、β版でINDEXリリース | あたらしい経済
「LOCKON」のβ版でINDEXリリース 日本人創業メンバーが開発を進めるDeFi（分散型金融）プロジェクト「LOCKON（ロックオン）」のベータ版にて、INDEXが8月7日リリースされた。 「LOCKON」は、web3オンチェーンデータ分析に伝統的金融のINDEX運用の要素を組み合わせた暗号資産の資産運用を提供するDeFiプロトコル。オンチェーン分析を活用し、6億以上のユニークアドレスの中から...
Creditor claims, new photos, and more
Disgraced crypto founder Sam Bankman-Fried’s criminal trial is set to commence on October 2, when he’ll face a variety of charges that could see him receiving a life sentence. The former FTX chief has...
Huobi And Other Crypto Exchanges Announce PayPal USD (PYUSD) Listing
Justin Sun’s Huobi crypto exchange and other crypto exchanges have started announcing the listing of Paxos-issued PayPal USD (PYUSD) stablecoin within just 24 hours of the launch. On Monday, PayPal an...
CoinsPaid hack exposed: North Korean group allegedly behind cybertheft
CoinsPaid, the world’s largest crypto payments provider, has revealed details of a hacking incident that occurred on July 22, 2023, resulting in the theft of $37.3 million. The company suspects that t...
DeFi gets a ‘SEAL’ team as white hat hackers, auditors join forces
One week since Curve Finance’s $70 million exploit and almost three-quarters of the stolen funds have been returned. But the crypto community remains on high alert. In response, Sam (@samczsun), rese...
PayPal’s PYUSD Launch Triggers Calls For Stablecoin Bill
United States Republican Patrick T. McHenry, Chair of the House Financial Services Committee, has released a statement calling for the need to pass the Stablecoin Bill in the wake of PayPal’s launch o...
Floki enters a partnership with Bybit
FLOKI recently announced a strategic partnership with the renowned crypto exchange, Bybit. The collaboration will see FLOKI becoming a part of the ongoing WSOT 2023 Trading Showdown. With the partners...
Whales Move 4.3 Trillion Shiba Inu as Shibarium Approaches
Trillions of Shiba Inu (SHIB) are moving in anticipation of the Shibarium release. Whale Alert, the premier cryptocurrency whale-tracking platform, has reported that the mysterious whale has transferr...
China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese man’s $10M loss as court says Bitcoin lending not protected by law A man in China’s Jiangsu provin...
Moody’s cuts ratings of 10 U.S. banks and puts some big names on downgrade watch
A general view of the New York Stock Exchange (NYSE) on Wall Street in New York City on May 12, 2023. Angela Weiss | AFP | Getty Images Moody’s cut the credit ratings of a host of small and mid-...
Will Ethereum (ETH) Above $1,900 Mark Soon?
Ethereum (ETH) reached a weekly low of $1,804 on August 7. The leading altcoin has struggled to cross the 1,900 level for the past few weeks staying between a range of $1800 – $1850. Ethereum (ETH), ...
Bitcoin, Ether Flat as PayPal USD Report Fails to Ignite Market; SHIB Finds Support
“PayPal USD (PYUSD), a U.S. dollar stablecoin issued in collaboration with Paxos Trust Co., is a significant development in the digital finance landscape,” said Jeff Mei, COO of crypto exchange BTSE, ...
Taiwan’s Gogoro Revs Up Overseas Expansion Plans For Its Battery Swapping Electric Two-Wheelers
For nearly a decade, Taipei-based Gogoro has steadily built a network of more than 2,500 battery-swapping stations across the island that help power 90% of its domestic two-wheelers. Now, Gogoro aims ...
Market sentiment sways as Tether sees largest redemption since FTX collapse amid PYUSD launch
Quick Take Tether, the issuer of USDT, has recently experienced one of its largest redemptions since the FTX collapse in Nov. 2022, according to Paolo Ardoino, Tether’s CTO. A total of approximately 3...
Ripple Shakes Up Carbon Markets with New Partnership
Alex Dovbnya Blockchain firm Ripple is harnessing the power of technology for climate change mitigation, joining hands with climate-focused technology provider Centigrade Blockchain technology firm Ri...
OKX Unveils Multi-Chain Wallet With Account Abstraction, Sets to Redefine Web3 Transactions
Key highlights OKX’s multi-chain wallet leverages account abstraction technology which will enable programmable smart contracts to function as non-custodial wallets. This initiative promises enh...
Central Bank of Brazil Reveals Name of Its Controversial CBDC
DREX will be the official name of Brazil’s new central bank digital currency (CBDC), also known as the digital real, according to a Monday announcement from the Central Bank of Brazil. The name ...
Cardano (ADA) Network’s On-Chain Activity Surges Amid Growing DeFi Adoption
Cardano (ADA), a prominent smart contract-based blockchain, has been experiencing a substantial surge in on-chain activity. As the broader digital asset landscape gains mainstream traction worldwide, ...
Statements of Fed officials would be newsworthy if they questioned the rate pause in September – Commerzbank
Which Fed comments are of interest and which ones are not? Economists at Commerzbank analyze what is relevant for the US Dollar. It matters to keep an eye on real economic data It would seem that it i...
Bitcoin ETFs Might All Be Approved at Once Predicts Cathie Wood
Ark Invest’s Cathie Wood has predicted that a race among exchange-traded fund providers will begin as the date for her own product application approaches. A slew of ETFs has been filed recently, overw...
Libertify Brings AI Portfolio Risk Management To Crypto Investors
Crypto investing app Libertify is calling on retail investors to up their game with the launch of a new offering that provides free, AI-powered risk assessments and instant optimization proposals for ...