Jump likely shuttered development arm, not trading — 1000x co-host
Jonah Van Bourg expects Jump’s quantitative crypto trading business is continuing to operate as before.
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Bitcoin price turns to test lower support levels as $50K stays out of reach
It's a frustratingly sideways market for Bitcoin bulls as August ends and September, which is typically a boring month for BTC price, looms. 892 Total views 9 Total shares Bitcoin (BTC) continued to range below $50,000 on the last day of August as analysts demanded higher levels in order to continue the bull run.BTC/USD 1-hour…

Cloned CryptoPunks are back on OpenSea marketplace after DMCA counter notice
According to the DMCA, PolygonPunks would have had to have claimed its material "was removed or disabled through mistake or misidentification." 182 Total views 11 Total shares Nonfungible token marketplace OpenSea is once again listing the Polygon-based copy of CryptoPunks after a successful Digital Millennium Copyright Act counter notice. In a Sept. 28 announcement on Twitter,…

Tether market cap increases almost 4X in 2020 to $15 billion
Tether supply surges to $15 billion but it could still be a house of cards The surging DeFi sector has resulted in a mass minting of Tether in 2020 — including $3B last month alone — which has pushed its market capitalization over $15 billion.At the beginning of the year there was just over $4…

Bitcoiners are ‘all in’ on Trump since Bitcoin ’24, but it’s getting risky
Many Bitcoiners believe that Donald Trump will save the industry from the Democrats. But that could only happen if he wins.

Bitfinex’s Price for Bitcoin, $300 Higher than Market Rate, Excluded from CoinMarketCap
Market data resource CoinMarketCap (CMC) has excluded Bitfinex’s price for bitcoin (BTC) from its global average, its website showed on May 6.The embattled exchange’s BTC price was $5,986.60 at press time — almost $300 higher than the current market rate of about $5,692. An asterisk has been placed next to its price on the CMC website to indicate…

China’s digital yuan os backup to AliPay and WeChat Pay, says official
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China. 196 Total views 2 Total shares China’s central bank digital currency, or CBDC, will provide backup for major retail payment services like AliPay and WeChat Pay as its key objective, according to an official at the People’s Bank…

Investors Turn Bullish as Bitcoin Exchange Reserves Drop to 1-Year Low
Bitcoin reserves on cryptocurrency exchanges sank to a 12-month low, indicating investors are accumulating BTC. 1579 Total views 49 Total shares According to data from glassnode, Bitcoin reserves on cryptocurrency exchanges fell to a 12-month low. This coincides with a reported mass outflow of BTC from Coinbase.On June 6, various media outlets reported that Coinbase…

Ethereum pushes back Pectra upgrade to conduct third testnet ‘Hoodi’
An upgrade that aims to bring more functionality to Ethereum wallets will be delayed until at least late April. Ethereum core developers have decided to create a third testnet, Hoodi, to better prepare for the Pectra upgrade, which has now been delayed until at least late April after the first two testnets encountered several bugs.