Fantom unveils Sonic Foundation for new Sonic Chain
The CEO of the Fantom Foundation has unveiled the Sonic Foundation, which will oversee the creation and launch of Fantom’s new Sonic Chain.
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3 Bitcoin price metrics show bulls were not fazed by today’s $1.6B liquidation
Bitcoin's (BTC) sudden $11,500 drop liquidated more than $1.64 billion worth of BTC futures contracts. This massive figure represents 8.5% of the total $19.5 billion in open interest, which coincidentally had just reached its all-time high.Although these are significant figures, they were proportionally lower than the $1 billion futures liquidation on November 26, 2020. At…

BitMEX Reportedly Continues to Lose Market Share to Binance Futures
BitMEX, the world’s third largest crypto exchange, has continued to lose its market share to Binance exchange after the Black Thursday crash. 2007 Total views 46 Total shares BitMEX, one of the world’s biggest crypto derivatives exchanges, is still struggling to recover from a major market sell-off that followed the Black Thursday crash in March.According…

Inside the blockchain developer’s mind: Proof-of-burn blockchain consensus
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve, and outlined three of the…

What is Bitcoin price going to do next? — Bear trap, bottom, or oversold bounce?
Crypto traders expect Bitcoin price to remain choppy in the short term as a new range must be established after this week’s double-digit drawdown. 770 Total views 1 Total shares The Bitcoin bounce to $85,000 on Feb. 28 had traders hopeful that a bottom was in could be in peril after BTC (BTC) struggled to

Argentinian presidential candidate wants CBDCs to ‘solve’ hyperinflation
Sergio Massa’s stance on central bank digital currencies appears to be in complete opposition to Javier Milei, a pro-Bitcoin candidate who wants to abolish Argentina’s central bank. 152 Total views 3 Total shares Argentinian presidential candidate Sergio Massa has pledged to launch a central bank digital currency (CBDC) if elected to “solve” Argentina’s long-lasting inflation

China’s CBDC Showcases Interoperability As Centralization’s Weakness
The Asian continent and particularly China have been making news and inducing bull runs in the cryptocurrency world these past few months, starting with President Xi Jinping’s comments and progressing to crackdowns. The main question driving the conversation is the Chinese government’s sudden advocacy for blockchain systems and a specific interest in being the first major…

MicroStrategy wipes $30B in biggest 4-day drop amid Bitcoin correction
On the yearly chart, Bitcoin rose 146% and MicroStrategy gained 599% as more retail investment increased MicroStrategy’s volatility compared to BTC.

Magic Eden faces backlash over US service segregation
Magic Eden’s US-exclusive domain introduces service restrictions, sparking frustration over feature limitations like airdrops.