Tether’s USDT hits record $120B market cap, flashing ‘Uptober’ signal

Analyzing the labor market is a passion of mine. In my past life, I worked as a labor market analyst for a Canadian think tank specializing in the IT sector. Tech employees always enjoyed higher demand, higher pay and lower jobless rates than workers in the rest of the economy. Although blockchain and crypto were virtually…

Bitcoin (BTC) price continues to inch closer to $10,000, rallying 5.68% to reach $9,600 on May 28. After breaking out of the falling wedge pattern on Wednesday night, the top ranked cryptocurrency on CoinMarketCap pushed through $9,350, a level traders expected to present resistance and made a beeline for $9,500. Today’s rally brings Bitcoin price back…

The rapidly evolving realm of decentralized finance (DeFi) has brought a new level of utility and value to the cryptocurrency ecosystem in 2021 but has also provided nefarious actors with numerous exploits in siphoning profits and tokens away from unsuspecting investors. In the past few days, KeeperDAO (ROOK), a DeFi protocol that allows participants to…

The new legislative package will address issues in crypto custody, taxation, and DAO operations in order to protect consumers against bad actors in the space. 1771 Total views 8 Total shares Australian Liberal Senator Andrew Bragg opened the Australia Blockchain Week conference with a bombshell legislative proposal that he hopes will lay the groundwork for…

Crypto markets have recorded a notable rise, surging $700 billion, or 58%, over the past 21 days. 1112 Total views 30 Total shares The cryptocurrency market has continued a solid bullish trend in early August, with the total market capitalization nearing $2 trillion.According to data from crypto data aggregator CoinGecko, the total crypto market cap…

Greek billionaire and television director Alki David and his Swiss consortium launched cannabis-backed token SWX Coin, according to a press release published on July 25.A cannabis-backed token on the BTC chainPer the release, the consortium also launched the Swissx Bank of Cannabis to operate the token. The exchange will be based in Gstaad, Switzerland, and…

Bitcoin (BTC) is struggling to stay above $23,000 as the weekend approaches. The selling pressure increased after the personal consumption expenditures excluding food and energy rose 0.6% in January and 4.7% over the year, above market expectations of an increase of 0.5% and 4.4% respectively. This could trigger fears that the United States Federal Reserve may…

The lawyer leading the legal team highlighted that this is not an isolated case and alleged that OpenSea ignores issues in some instances. 210 Total views 6 Total shares Own this piece of history Collect this article as an NFTA nonfungible token (NFT) collector is taking legal action against the OpenSea NFT marketplace for several…

A familiar scene as U.S. trading begins sees BTC price action head for formidable resistance at $60,000 and beyond. 1677 Total views 33 Total shares Bitcoin (BTC) met the start of U.S. trading with a bang on Dec. 1 as the Wall St. open sparked a run above $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst:…