We often hear the argument that BTC is the ultimate hedge against inflation since its supply is capped at 21 million and halving every four years. This has led to a misperception that cryptocurrencies without a supply cap are inflationary, meaning their value declines over time. This begs the question, […]
Cryptocurrency market maker Cumberland has said that institutional investors are betting on the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), at a time in which the cryptocurrency’s price has been surging to outperform the wider market. According to a Twitter thread attributed to Cumberland’s head of trading Johan Van Bourg, […]
On Thursday (July 21), the U.S. Securities and Exchange Commission (SEC) filed a complaint at U.S. District Court for the Western District of Washington against defendants Ishan Wahi, Nikhil Wahi, and Sameer Ramani. As Tim Copeland reported for the The Block earlier today, “this case involves insider trading in certain […]
Institutional investors have been betting on multiasset investment products and on products offering exposure to Solana ($SOL) and $XRP, while heavily betting on short Bitcoin ($BTC) products. According to data from CoinShares’ Digital Asset Fund Flows report, last week digital asset investment products saw $12 million worth of inflows, with $15 […]
On Saturday (July 16), U.S. Senator Dick Durbin made it very clear that he is not happy with the energy consumption of crypto mining. Senator Dick Durbin, is “a Democrat from Springfield, is the 47th U.S. Senator from the State of Illinois, the state’s senior senator, and the convener of […]
Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR), says that it’s “pretty obvious” that $ADA, the native token of proof-of-stake (PoS) blockchain, is a security. It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins […]
The meme-inspired cryptocurrency Shiba Inu ($SHIB) has kept on seeing its holder count grow even during the ongoing bear market, to the point now over 1.2 million Ethereum addresses hold SHIB, up from around one million eight months ago. Back in November of last year, the meme-inspired cryptocurrency saw its […]
Summary: The Aave team has proposed to the project’s DAO a plan to introduce a native decentralized, collateralized-backed stablecoin known as GHO that will be pegged to the US Dollar. If the community approves, users will mint GHO against their supplied collaterals. GHO would make stablecoin borrowing on the Aave […]
IOHK has finally launched its Vasil Hard Fork Upgrade on the blockchain’s Testnet The mainnet launch is scheduled to take place by the end of July 2022. After much anticipation, the Vasil Hard Fork upgrade has finally been launched on Cardano Testnet. With this upgrade, Cardano is now one step […]
The host of popular crypto market commentary show Coin Bureau recently explained why his crypto portfolio currently is focused on Bitcoin, Ethereum, Solana, Polkadot, and Cosmos. Speaking in a recent YouTube video, Coin Bureau’s host “Guy” said that he reorganized his crypto portfolio following the recent price crash. Guy called […]
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