Altcoins signal buy after taking it ‘on the chin’ since March

Eclipse aims to bring “Web2 scale to Web3” by combining the best of Ethereum security, Solana’s speed, and Celestia’s data storage capabilities.

The recovery in cryptocurrency prices has ignited interest among institutional investors. In 2019, dedicated crypto funds returned more than 16% according to Eurekahedge while traditional hedge fund strategies returned 10.4% according to Hedge Fund Research, Inc. Several hedge funds and large trading firms use speed to their advantage by benefitting from pricing inefficiencies. Others profit from…

DeFi protocol Impossible Finance is building a multi-chain incubator to expand out from BSC. 2546 Total views 6 Total shares Impossible Finance, a Defi protocol built on Binance Smart Chain, has completed a $7 million seed funding round backed by over 125 institutional and angel investors — with the funds going towards the development of…

United States cryptocurrency exchange Kraken has hired the ex-managing director of over-the-counter (OTC) trading platform B2C2 to head of development at its new Bitcoin futures operation.Kevin Beardsley, who previously led the United Kingdom-based company for a year, will now oversee Kraken Futures’ expansion as volumes hit $2.5 billion in June. Beardsley confirmed the news linking to…

El Salvador made history in September 2021 by becoming the first country to officially recognize Bitcoin as legal tender. 636 Total views 58 Total shares Businesses in El Salvador have been slow to adopt Bitcoin (BTC) ever since the country famously recognized the digital asset as legal tender in September 2021, according to a recent…

A defendant in a New York appeals court has been slammed by a judge for using an artificial intelligence avatar to represent himself in a recent case.  A New York appeals court faced an unusual situation in late March when Jerome Dewald, representing himself in an employment dispute, submitted an AI-generated avatar to present his

“Out of the 80% of Top 50 hedge funds in the world we’ve spoken to, they all are embarking on some sort of crypto journey,” says Olsson. 115 Total views 22 Total shares In an interview with Cointelegraph reporter Joe Hall on April 12, David Olsson, global head of institutional distribution at BlockFi, shared his…

The head of the United States Federal Reserve has admitted current economic policy is “not sustainable” — but that it is not its job to fix it.Speaking during testimony before Congress’ Joint Economic Committee on Nov. 13, Jerome Powell noted that currently, U.S. national debt is growing faster than nominal GDP.Powell: Solving debt spiral “not…

Chilean Peso-pegged stablecoin CLPX launched on Stellar this week, and is hoping to gain traction in the remittance and copper markets. 1314 Total views 5 Total shares A new stablecoin pegged to the value of the Chilean Peso is now live on the open-source Stellar payments network — but is yet to prove popular with…