Boomer says ETH fundamentals at all-time high, price is ‘lagging’
Ether’s current price doesn’t reflect the true performance of the network’s fundamentals in recent times, according to an investment manager.
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Huobi Global Absorbs Australian Unit Amid Bear Market, Reveals Recent Layoffs
Eight months after its launch, Huobi’s Australian subsidiary is to be subsumed under the Huobi Global canopy, according to an official tweet published on Feb. 24. In a Facebook post published today, Feb. 25, Huobi Australia cited the crypto market slump and fresh redundancies as the reason for the development.As previously reported, Singapore-headquartered Huobi Global…

Strategy’s Michael Saylor says the US should aim to hold 20% of Bitcoin
“The real promise is if you own 4-6 million BTC, you’re going to pay off the national debt,” says the Strategy founder.

Former Canadian prime minister names Bitcoin as possible reserve currency
Bitcoin could be part of a basket of reserve alternatives to the U.S. dollar, according to Stephen Harper. 3315 Total views 24 Total shares Stephen Harper, who served as prime minister of Canada for nine years, says there may be a place for Bitcoin and central bank digital currencies as part of a basket of…

Italy scales back plans to hike crypto tax rate: Report
A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one.

Libra Association Forms Steering Committee to Guide Technical Development
The Libra Association — the government body of the eponymous stablecoin introduced by Facebook in late 2019 — has formed a new committee to guide the network’s technical development. According to an announcement on Jan. 16, the Libra Association has voted to establish the five-member Technical Steering Committee which comprises leading experts from various firms in…

Michael Saylor posts fake quote from Trump on crypto to 3.6M followers
Donald Trump said nothing about changing tax laws for Americans using Bitcoin to buy coffee but has suggested eliminating federal income tax.

Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020
The price of Ethereum’s native token, Ether (ETH), has recovered 78% since June 2022. But this doesn’t guarantee further upside, particularly with declining trading volumes suggesting that the risk of a major correction is high. Ether volume profile drops 90% since March 2020A “volume profile” indicator displays trading activity across prices, with the blue indicating buying…

Friend.tech denies report that database of over 100K users was ‘leaked’
The team behind the viral decentralized social media platform friend.tech has refuted a report which claimed that the personal information of more than 100,000 of its users was “leaked.” The now-amended report, first posted by The Block, suggested that data posted by Banteg, a pseudonymous developer for Yearn Finance, was “leaked” information.The friend.tech team however clarified…