Bitcoin strength wanes as crypto market stuck in 5 month ‘structurally ordered downtrend’
Bitcoin’s weekend rally to $65,000 has evaporated despite confirmation that the US Federal Reserve will cut rates in 2024.
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Binance plans new round of layoffs amid increased regulatory scrutiny
Binance's chief strategy officer Patrick Hillmann hinted on Twitter the resource reorganization is meant to address growing regulatory pressures targeting the crypto space. 676 Total views 6 Total shares A fresh headcount reduction is coming to crypto exchange Binance, which is reportedly planning to lay off 20% of its workforce in June. The job cuts…

What are blue-chip NFTs, and how can we find them?
Blue-chip NFTs are nonfungible tokens that hold high value and are considered prestigious within the NFT market. Blue-chip nonfungible tokens (NFTs) are coveted for their reputation, quality and potential for long-term value appreciation, just like blue-chip stocks in conventional finance. These tokens frequently have certain qualities that add to their prestige, such as: Famous artists…

Number of new Bitcoin addresses spikes amid growing FOMO
Bitcoin is getting more popular each day. 1020 Total views 1 Total shares As Bitcoin (BTC) hit a three-year high on Nov. 18, more people around the world have started moving into the world’s largest cryptocurrency, according to Glassnode data.Glassnode, a major provider of cryptocurrency analytics data, recorded a major spike in the number of new…

Robinhood Zero-Fee Trading App Officially Launches in New York
American stock brokerage Robinhood Crypto has officially launched its zero-fee crypto trading app in New York, the company announced in a blog post on May 23.Following the acquisition of a BitLicense by the New York State Department of Financial Services (DFS) in January 2019, Robinhood now allows New York citizens to trade in seven major…

Why decentralized telecommunications is necessary to make Web3 a reality
The world knows the public internet as the best transport network and the backbone of their daily routines. However, if one looks closely, the internet is far from perfect, with many considering the network untrusted and its usage synonymous with poor reliability and performance issues. Although these faults were once overlooked, the impending Web3 revolution…

OKEx’s Future Trading Shortfall ‘A Valuable Lesson’ for Cryptocurrency Exchanges
The world of futures trading in Bitcoin for the traditional investor is still very new, as it only opened in December of last year when CBOE and CME launched their products to the market in what was expected to be a big boost for Bitcoin adoption. However, for those already involved in cryptocurrencies, there have…

Smart Contracts Don’t Necessarily Disrupt Traditional Contract Law, Expert Argues
Blockchain-based smart contracts indubitably fall subject to private international law, a legal expert has argued in a post published to Oxford University’s Business Law Blog today, Jan. 23.Giesela Rühl — a professor of Private International Law and co-director of the Centre for European Studies at the Friedrich Schiller University in Jena, Germany — entitled her…

Japan: Yahoo!-Backed Cryptocurrency Exchange Set for May Launch
Japanese cryptocurrency exchange Taotao (formerly BitARG) will start trading a limited range of cryptocurrencies in May, Cointelegraph Japan reported on March 25.Taotao, which is 40 percent owned by a subsidiary of Yahoo! Japan, will initially trade Bitcoin (BTC) and Ethereum (ETH), with margin positions available in three additional cryptocurrencies: Litecoin (LTC), Bitcoin Cash (BCH) and…