Tag: cryptocurrencies

The price of Bitcoin plunged 4% as the Federal Reserve pressed pause on interest rates. The price of Bitcoin has fallen below the $25,000 mark for the first time since March 17 following a hawkish Fed announcement amidanother turbulent week for the crypto industry. Within the span of 30 minutes on June 15, the price of…

Binance.US has lodged its defense ahead of tomorrow’s hearing on whether it’s funds will be frozen. Binance.US has asked the court to deny the securities regulator’s proposed temporary restraining order against its assets ahead of a June 13 hearing, claiming that the move would “effectively end” its business. In a June 12 filing, Binance.US slammed the…

If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies. Altcoin prices crumbled after the United States Securities and Exchange Commission announced lawsuits against Binance and Coinbase at the start of the week. Apart from the action against the two biggest…

Layer-2 scaling, wallet security and privacy-preserving features are all necessary to secure Ethereum’s future, according to the Ethereum co-founder. Ethereum co-founder Vitalik Buterin believes the success of Ethereum will come down to three major technical “transitions” that need to happen almost simultaneously — layer-2 scaling, wallet security and privacy-preserving features. In a June 9 post…

Cryptocurrencies, especially altcoins that aren’t sitting in the top 10 by market cap, still aren’t easily accessible to the public, leading to the emergence of new cryptocurrency ATMs. Although cryptocurrencies are gaining public attention, whether it’s the European Union finalizing its Markets in Crypto-Assets (MiCA) regulation or memecoins rallying for 3,000% gains, one major concern remains: they are…

Traditional finance companies are boosting their engagement with Ethereum-based real-world asset protocols, resulting in RWAs outperforming DeFi blue chips. Real-world asset (RWA) protocols have become a hot trend within decentralized finance (DeFi) circles. An RWA protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range from stocks and…