Here’s why US debt is out of control — and Japanese debt isn’t

DeFi’s top three lending protocols have reached record levels of collateral lockup above $20B. There has been no slowdown in the amount of collateral pouring into the leading decentralized finance protocols this year.DeFi’s leading three lending protocols have amassed approximately $20 billion according to Dune Analytics. A Messari research report into valuing these platforms suggests…

The pace of adoption of crypto exchange-traded funds in the United States has been surprising even to Grayscale.

Over the last few weeks, Bitcoin’s (BTC) second-layer scaling protocol, called the Lightning Network (LN), has gained a lot of traction, steadily proving to become a viable solution to BTC’s infamous scalability problem and even potential competitor to American payments giant Visa.Thanks to the community-driven Twitter experiment called “the Lightning Torch,” the LN has now…

Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout.

Miner profitability metrics are based on a handful of factors regulating difficulty and emission, which are hard-coded into the blockchain’s attributes, making it predictable to work with. While predictability does not always immediately translate into profitability, it gives a blockchain certain parameters to rely on when predicting when mining cryptocurrency will become profitable, at which…

A pseudonymous Bitcoin (BTC) trader outlined 23 key technical and fundamental factors that could buoy BTC’s medium-term bull case.The data points shared by the trader, known as “Byzantine General,” fit into four major themes. They are a less overheated market, a neutralizing futures market, less leveraged traders and strengthening fundamentals.The Bitcoin futures market is neutralizingSince…

Other investors in the round include PayPal, Lightspeed, Galaxy Ventures, Wintermute, F-Prime Capital, Slow Ventures and The Spartan Group. 

Global payment processing giant PayPal announced its United States dollar-pegged payment stablecoin called PayPal USD (PYUSD) on Aug. 7. The stablecoin is developed on Ethereum (ERC-20) and will be issued by Paxos Trust Co. PYUSD is reportedly fully backed by U.S. dollar deposits, short-term Treasurys and similar cash equivalents.PayPal said that the launch showcases the company’s…