These 4 metrics suggest Ethereum price is sinking toward $2,300

Decentralized finance protocols and regulatory agencies need to figure out DeFi regulations to enable the niche crypto market to integrate with real-world finance. 2657 Total views 17 Total shares Rune Christensen, founder and CEO of DeFi bluechip MakerDAO, says the decentralized finance space is set to move from its current isolated bubble phase toward more…

All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company by at least February 2024, Paxos said. 260 Total views 2 Total shares Own this piece of history Collect this article as an NFTBlockchain infrastructure platform Paxos will halt issuance of new BUSD (BUSD) stablecoins amid the ongoing probe by the…

An on-chain study released by Kraken Intelligence highlights strong accumulation behavior among Ethereum miners even as they faced the prospects of generating lower revenue following a major network upgrade on Aug. 5.Ethereum miners accumulated an additional 2 million Ether (ETH), worth $6.1 billion, after the so-called London hard fork’s activation. The latest bout of accumulation…

After enjoying record profits during Bitcoin’s recent halving, miners now face a sharp decline in hash prices.

Following an overhaul of Libra’s original white paper that was met with strong skepticism from United States policymakers, a member of the House Financial Services Committee — Democrat Rep. Sylvia Garcia from Texas — has come out and stated that the updated version of Facebook’s white paper does not contain any substantive changes and that…

Peer-to-peer crypto marketplace Paxul is expanding its charitable program to Africa amid the COVID-19 crisis. 408 Total views 2 Total shares Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced on May 4 the expansion of its #BuiltWithBitcoin charitable initiative in Africa with the launch of the “Africa Fund.” The fund will use Bitcoin (BTC) donations to purchase essential…

Rising Open Interest of Ether and a “positive” taker-buy sell ratio has a crypto analyst optimistic that Ether’s lengthy correction is nearing its end.