Bitcoin traders share their ‘PvP’ views on BTC’s recent price weakness
Neutral in the short-term, bullish in the long-term. With that view in mind, pro traders explain that a certain “player versus player” mindset is at play in the crypto market this month.
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DeFi’s yield model is broken — Here’s how we fix it
Opinion by: Marc Boiron, chief executive officer of Polygon Labs Decentralized finance (DeFi) needs a reality check. Protocols have chased growth through token emissions that promise eye-popping annual percentage yields (APYs) for years, only to watch liquidity evaporate when incentives dry up. The current state of DeFi is too driven by mercenary capital, which is

Huobi, OKEx and Upbit Join Top 10 in Messari’s ‘Real Volume’ Revamp
Messari adds 10 new exchanges to its ‘real volume’ metric and overhauls methodology. 1119 Total views 30 Total shares Crypto data and research platform Messari has added 10 new exchanges to its “real volume” metric as part of a revamp of the methodology.The ranking is an attempt to rank exchanges without including any wash trading…

Future for State-Backed Brazilian Token Issuance Unclear as Bank Sees Leadership Reshuffle
On June 18, Brazil’s National Bank for Economic and Social Development (BNDES) announced the election of Finance Director José Flavio Ferreira Ramos as its interim president. Ramos will serve as the BNDES head until the inauguration of 38-year-old Gustavo Henrique Moreira Montezano, a former economist and the current deputy secretary of privatization and disinvestment. Montezano’s appointment followed…

Former Steem Witness: ‘I Received Direct Threats From a Hive User’
A former Steem witness, who is also a prominent member of Korea’s crypto community, spoke to Cointelegraph and shared proof that he received death threats from a Hive user ahead of Steem’s 0.23 hard fork.The former witness, who has requested to remain anonymous, told Cointelegraph that he stepped down shortly before the 0.23 hard fork…

Crypto VC Polychain Capital confirms founder’s X account hacked
Polychain Capital is urging users to stay away from the X account of its founder, Olaf Carlson-Wee, as it is posting phishing links. Crypto venture capital firm Polychain Capital has confirmed the X (formerly Twitter) account of its founder and CEO Olaf Carlson-Wee has been compromised, with the hacker posting phishing links disguised as a

The future of American dynamism depends on cryptography
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Bitcoin Price Is Showing All 3 Crucial Signs of a Classic Bull Trap
The Bitcoin price increased by more than 10% in a 24-hour span, rising from $7,020 to $7,770 on both spot and futures exchanges. But, BTC is showing all three signs that the upsurge was a bull trap.Negative futures funding rate before the rally, altcoins failing to front-run Bitcoin, and the BTC price running into a…