The global financial system is the ‘net new buyers’ this cycle — Chainlink founder
    03 Mar 2024
    156 Views

    In a recent interview, Chainlink founder Sergey Nazarov stated that the current cryptocurrency market cycle is unique due to the sheer amount of new types of buyers entering the market, which may fast-track the adoption of real-world asset tokenization quicker than the industry initially anticipated. Speaking to Bloomberg on February 28, Nazarov emphasized that the recent participants in…

    Crypto industry momentum ‘is picking up, and it’s unstoppable’ — Ethereum co-founder Joe Lubin
    03 Mar 2024
    319 Views

    Crypto appears to be in a bull market, perhaps not by a technical definition, but most of the attendees at ETHDenver would agree that it sure feels like it. Even Ethereum co-founder and Consensys CEO Joe Lubin believes that things are looking up for crypto, and he’s convinced that the best is yet to come….

    Don’t rule out algorithmic stablecoins, Crypto Council tells Hong Kong
    02 Mar 2024
    160 Views

    The Crypto Council for Innovation (CCI) submitted a comment on the proposed stablecoin regulatory regime in Hong Kong on the last day of the comment period. The advocacy group’s five-page letter contained substantial criticism of the proposed reserve and operational requirements and mounted a lively defense of algorithmic stablecoins, which Hong Kong authorities had taken…

    Bitcoin analyst PlanB predicts 10 months of ‘face melting FOMO’
    02 Mar 2024
    166 Views

    The Bitcoin bull market officially started on March 1, according to pseudonymous quantitative analyst PlanB, who is also the creator of the controversial stock-to-flow (S2F) model for Bitcoin’s price. The Bitcoin accumulation phase has ended, along with the easy Bitcoin buying opportunities, according to an X post by PlanB, referencing the S2F chart. “Bull market has…

    Token release revision fails to halt Starknet’s declining activity
    02 Mar 2024
    186 Views

    Starknet’s network activity continues to fall despite revisions to its controversial token unlock schedule. For the second time since Starknet announced its provisions airdrop on Valentine’s Day, active users fell below 100,000 addresses, reaching around 43,000 on March 1, according to Starkscan data. Meanwhile, transactions per second declined to 1.90 from the peak of 12.3 observed on airdrop day….

    South Korea’s ruling party backtracks on spot Bitcoin ETF election promise
    01 Mar 2024
    167 Views

    South Korea’s ruling People Power Party has indefinitely delayed its proposal to ease cryptocurrency restrictions, including lifting the ban on local spot Bitcoin exchange-traded funds (ETFs), as per local sources. According to a report by local media outlet Chosun Biz, the party’s reversal of pledges could be linked to challenges in aligning with the government and financial…