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Tyler Winklevoss: It’s Good For BTC When The Fed Prints Money
Bitcoin may ultimately benefit from the U.S. Federal Reserve's actions, says Tyler Winklevoss. 1589 Total views 3 Total shares U.S. government spending may lead to upward Bitcoin (BTC) prices, according to Gemini crypto exchange co-founder and CEO, Tyler Winklevoss. "The Fed continues to set the stage for bitcoin's next bull run," Winklevoss said in a July…
Back to back all-time highs from AVAX, ENJ and EGLD suggest it’s ‘altseason’
Its been a rollercoaster week in the cryptocurrency market after volatility returned to shake up Bitcoin (BTC) price, pushing the digital asset to lows not seen since mid-October. As has happened frequently in the past, the drop in price of BTC was followed by a rotation into altcoins and the Altseason Indicator from Cointelegraph Markets Pro…
Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more
The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the Terra ecosystem collapse. Over the past week, major DeFi protocols showed signs of increased trading activity, with Uniswap breaching the $1 trillion trading volume mark.Terra remained the focus of most of the discussions around blockchain and crypto at…
BitMEX Explains Why Bitcoin Nearly Hit $0 Last Week, Pays Out $200K
The meltdown at derivatives giant BitMEX, during which Bitcoin (BTC) fell to $3,600, has seen the company payout compensation worth a modest $200,000.In a blog post about the event, which occurred on March 13, BitMEX blamed “two DDoS attacks” for crashing its platform.Ethereum traders see 40 BTC refundedComing at a time of intense volatility across…
Bitcoin L2s set to explode as Runes congest BTC network
High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions.
EOS Network Foundation reveals plans to pursue a $4.1B lawsuit against Block.one
ENF Founder Yves La Rose says that they are planning “to seek $4.1B in damages” against the EOS creators. 519 Total views 5 Total shares In a new chapter of the EOS community versus creators saga, the EOS Network Foundation’s (ENF) founder and “community-elected CEO” Yves La Rose revealed that they are preparing for a…
Curve, Metronome and Alchemix offering 10% bug bounty on Vyper hack
The exploit on July 30 resulted in the theft of roughly $70 million in cryptocurrencies, bringing the bounty close to $7 million. Decentralized finance (DeFi) platforms Curve, Metronome and Alchemix have jointly announced an initiative to recover stolen funds from the recent exploits of Curve’s pools.According to on-chain data, the protocols are offering a 10%…
Is Axie Infinity overheating? AXS price hits record high following 100% QTD rally
AXS, the native token of Axie Infinity, a play-to-earn nonfungible token (NFT) game built atop the Ethereum blockchain, rallied more than 100% on a quarter-to-date (QTD) timeframe to refresh a new record high above $155. Nonetheless, the cryptocurrency now risks paring a portion of its recent gains as a key technical indicator, dubbed the relative strength index…