Ether whale buys nearly $13M ETH, but ETH still needs to reclaim $2.7K for the next leg up

Galaxy Digital CEO Michael Novogratz delivered a fresh bullish price prediction for Bitcoin (BTC) Nov. 5. Novogratz told U.K. business publication Financial News that the leading cryptocurrency could hit highs of “$20,000 or more” in 2019.Speaking to the publication, Novogratz, who is well known for his optimistic outlook for Bitcoin prices, forecast BTC/USD to end…

The potential legal status of the Japanese Financial Service Agency’s recommendation is not clear as the current legislation is silent on algorithmic stablecoins. Own this piece of crypto history Collect this article as NFTAfter passing its landmark legislation on stablecoins in June, Japanese regulators are considering complementing it by restricting the algorithmic backing of stablecoins.…

Slashing is one of the big risks of staking on ETH 2.0, find out how to avoid it. 1245 Total views 13 Total shares One of the most prominent figures in the decentralized finance community has suffered validator penalties on the Ethereum 2.0 network after a mishap with his DappNode's power button.DeFi protocol Synthetix founder,…

Under the proposed bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward. 1168 Total views 16 Total shares Own this piece of crypto history Collect this article as NFTNorth Carolina Representative Patrick McHenry, the current ranking member of the House Financial…

The rising price of Link will not deter Swipe’s march to decentralization. Swipe wallet and crypto debit card platform has integrated Chainlink (LINK) data oracles to improve the accuracy of reward issuance and token burns. Swipe CEO Joselito Lizarondo said Chainlink’s decentralized price feeds will provide more accurate and fair token conversion prices for users and…

Ether (ETH) price tumbled below the $3,000 support on Jan. 21 as regulatory uncertainty continues to weigh down the sector and rumors that the United States Securities and Exchange Commission is reviewing DeFi’s high-yield crypto lending products continue to circulate. On Jan. 27, the Russian Finance Ministry submitted a crypto regulatory framework for review. The proposal…

Last week, an annual forum featuring Russia’s top people from the economic sector was held in St. Petersburg, and cryptocurrencies were a hot topic there. Notably, government agents and state-controlled businesses were vocal about their interest in blockchain, but seemed to distance themselves from digital tokens.Meanwhile, the regulatory framework for cryptocurrencies is still missing in…