Bitcoin has a date with $35,000 or lower at the hands of fresh global macro turmoil, Arthur Hayes says. In his latest blog post, “Yellen or Talkin’?” on Jan. 24, the former CEO of crypto exchange BitMEX makes a grim short-term BTC price forecast. Hayes: Bitcoin appreciates 2024 inflation risk Bitcoin may still be 75% up versus…
375 ViewsA new protocol from Ethereum-scaling solutions developer Polygon Labs promises to unite what it calls the “divided blockchain landscape” into a web of networks that “feels like a single chain.” In a Jan. 24 blog post, Polygon said its AggLayer solution, set to launch next month, aims to aggregate zero-knowledge (ZK) proofs from multiple blockchains and…
320 ViewsUsers must feel secure about their crypto assets and the digital assets space to further mainstream adoption and sustainable growth of the industry. To achieve this, Binance works closely with law enforcement agencies around the world to detect and address financial and cybercrimes. Customer trust plays a pivotal role in the broader adoption of cryptocurrencies,…
446 ViewsAvalanche-based memecoins wanting a slice of a $100 million fund must be at least one month old, among other newly unveiled criteria from the Avalanche Foundation which recently expanded the scope of its fund to capture what it calls “community coins.” In a Jan. 23 blog post, the Avalanche Foundation handed down a range of flexible…
350 ViewsMore than half a billion people had become cryptocurrency users or owners by the end of 2023, according to a market sizing report from cryptocurrency exchange Crypto.com. The company estimates that the global number of cryptocurrency users increased by 34% in 2023, growing from 432 million to 580 million people. Delving deeper into the statistics, Crypto.com reveals…
334 ViewsCrypto firms Coinbase, Paradigm, and Consensys are urging the United States Treasury to revisit its proposed reporting requirements for transactions involving crypto mixers, arguing they lack specificity and would be a drain on resources. On Jan. 22, Coinbase sent a letter in response to the U.S. Treasury Department’s Financial Crimes Enforcement Network’s (FinCEN) notice of proposed rulemaking…
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