Crypto bull market entering final stage: CryptoQuant
Digital asset prices may still see substantial gains before the market corrects, the analyst said.
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MyEtherWallet allows users to mint Ethereum blocks as NFTs
CEO Kosala Hemachandra discussed MyEtherWallet’s first NFT drop and its dedication to “making history.” 999 Total views 29 Total shares MyEtherWallet, or MEW, launched its first nonfungible token (NFT) collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s…

Goldman Sachs launches limited BTC derivatives trading desk
After years of anticipation, Goldman is finally offering institutional partners trading services. 2516 Total views 17 Total shares One of the largest investment banks in the world just launched a cryptocurrency trading desk — though executives made sure to specify they would only be trading derivatives, and will not have actual digital assets on the…

Ransomware Strikes Three US Universities
A ransomware gang claims to have successfully attacked three universities within the last seven days. They say that their latest attack was against the University of California San Francisco, or UCSF, on June 3.Cointelegraph had access to the evidence published by NetWalker, a group of hackers, on their official dark web blog. In this blog,…

Flatcoiners should take a cue from TerraUSD’s fate
The post-COVID-19 era has brought the issue of inflation to the forefront, leading to increasing interest within the Web3 space for creating flatcoins, a close “cousin” of stablecoins designed to mitigate inflation risk.Many existing flatcoins, like Terra’s TerraUSD (UST) stablecoin, are algorithmically backed and therefore serve as a stark reminder of the risks associated with…

A 2016-level massive Bitcoin price volatility spike might be near
For the first time since 2016, the Bollinger Band width of Bitcoin (BTC) dropped below 0.95. The Bollinger Band is a widely utilized technical indicator that evaluates the volatility trend of an asset. It might signify that a huge volatility spike is imminent.The price of Bitcoin has been relatively stable from 2019 to 2020. BTC…

A record 55,000 Bitcoin, or over $1.1 billion, was just withdrawn from Binance
Bitcoin (BTC) has seen record buying activity as BTC/USD returns to six-week highs.The latest data from on-chain analytics firm CryptoQuant shows more BTC leaving major exchange Binance in a single day than ever before.Binance finishes the day 55,000 BTC lighterDespite warnings that a macro bottom may not yet have occurred, Bitcoin investors have wasted no…

Naples’ Mayor Plans to Launch Autonomous Crypto in Push for Greater Southern Autonomy
Naples’ mayor, Luigi de Magistris, has posted an impassioned pledge to launch an autonomous municipal cryptocurrency that, he says, would unshackle the city from “anti-southern discrimination” and “unfair” debt, on his Facebook public profile September 2.De Magistris argued for the new currency as part of a threefold plan of action that would reclaim political and…

US Congressmen Urge Presidential Economic Advisor to Hold Blockchain Forum
A group of United States congressmen has requested that Lawrence Kudlow, the director of the National Economic Council, hold a blockchain forum, in a letter published on May 24.A group of seven congressmen, including Trey Hollingsworth, Darren Soto, Bill Foster, Tom Emmer, Ted Budd, Josh Gottheimer, and David Schweikert, has submitted a request to hold…