The Dow Jones Industrial Average has declined for eight consecutive weeks, the first such losing streak since 1923. On May 20, the S&P 500 briefly fell into bear market territory, indicating that traders continue to …
Continue reading
Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a …
Continue reading
Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House
Rep. Byron Donalds, a Florida Republican, introduced the Financial Freedom Act into the United States House of Representatives on Friday to prevent the U.S. Department of Labor from limiting the types of investments that can …
Continue reading
6 Questions for Dominik Schiener of the Iota Foundation
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go …
Continue reading
Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x
Crypto.com was one of the few crypto exchanges to keep LUNA trades open as Terra’s death spiral saw an unrecoverable price crash of LUNA and stablecoin UST. However, a technical glitch on Crypto.com’s mobile application …
Continue reading
ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’
The ECB released another working paper on the digital euro, providing an extensive technical analysis of a potential European CBDC and its position in the existing financial system. Issued on May 13, the working paper …
Continue reading
Bitcoin Drops To $26K As Crypto Sell-Off Continues – Will The Slide Approach $25K?
Bitcoin has been losing value for months because of, among other market variables, limited liquidity circumstances and targeted dumping of high beta technology equities. Since the 2008 global financial crisis, low interest rates have caused …
Continue reading
Bitcoin 2022 — Will the real maximalists please stand up?
As I go about the Miami conference, I wonder, Aside from some of the conference speakers, where are these Bitcoin maximalists I keep hearing so much about? When I tell the customs official I’m going …
Continue reading
Can Solana become the dominant PoS chain despite persistent outages?
Like most new-age networks, Solana was developed to resolve major issues confronting the blockchain industry. While the network has addressed some of these issues by its very nature. However, it has also encountered a few …
Continue reading
Quelle surprise: Central African banks scold the CAR for Bitcoin adoption
The governor of the Bank of Central African States (Banque des États de l’Afrique Centrale, BEAC) has issued a scathing letter to the Central African Republic (CAR) regarding the country’s adoption of cryptocurrencies. In a …
Continue reading
Bitcoin clings to $36K as data suggests BTC price sell-off came from short-term holders
Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in crunch Data from …
Continue reading
Hop Protocol reveals details of Hop DAO and Optimism-style airdrop
Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different Ethereum Layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop that will see early users receive 8% …
Continue reading
Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s
The United States government is growing increasingly concerned about Bitcoin (BTC) in retirement savings, with two Senators flagging some issues in Fidelity Investments’ plans to include Bitcoin (BTC) in 401(k) accounts. Senators Elizabeth Warren of …
Continue reading
Crypto Bahamas: Regulations enter critical stage as gov’t shows interest
The crypto community and Wall Street converged last week in Nassau, Bahamas, to discuss the future of digital assets during SALT’s Crypto Bahamas conference. The SkyBridge Alternatives Conference (SALT) was also co-hosted this year by …
Continue reading
Mark Cuban proposes using Dogecoin to solve Twitter’s crypto ad problem
On Sunday, American entrepreneur Marc Andreessen posted a screenshot of what appears to be a Twitter user impersonating his name to promote a “free crypto” giveaway. “What algorithm could possibly catch this type of content?” …
Continue reading
6 Questions for Dawn Newton of Netki
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go …
Continue reading
Bitcoin disappoints on bull run as AMZN stock sees biggest 1-day drop since 2014
Bitcoin (BTC) fell into the Wall Street open on April 29 as United States markets opened to volatility, including an 11% drop in Amazon stock. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All change at …
Continue reading
Ralf Glabischnig on Crypto Valley and the Crypto Oasis
Having supported Zug’s Crypto Valley in the early days and founded Crypto Oasis in Dubai to serve as blockchain innovations hubs with regulatory certainty, Ralf Glabischnig is practically a node of the blockchain industry. When …
Continue reading
Gibraltar rolls out new virtual asset regulation to combat market abuse
The British overseas territory of Gibraltar introduced a new regulatory package for distributed ledger technology (DLT) service providers. The document elaborates on the responsibilities of crypto businesses in regards to threats of market manipulation and …
Continue reading
‘Something sure feels like it’s about to break’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance? The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has …
Continue reading