Was sub-$60K a bear trap? 5 things to know in Bitcoin this week

The project is branding its testnet as useful to “new developers without blockchain background knowledge." 188 Total views 2 Total shares The Rangers Protocol has opened its testnet to users aiming to provide an Ethereum Virtual Machine-compatible solution that supports cross-chain contract interoperability.In a Friday announcement, the Rangers Protocol said it had successfully migrated its…

The parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), has announced the launch date for Bitcoin (BTC) futures on its platform Bakkt, according to a document released Oct. 22.Bakkt is a platform for trading, storing, and spending digital assets that was established earlier this year by global exchange operator ICE.Per the…

A new study by Protos claims that Tether flow is dominated by just two firms, Alameda Research and Cumberland. 387 Total views 12 Total shares Tether (USDT) has gone from being a renegade cryptocurrency to becoming the industry's primary crutch during the last seven years, according to a new report. Essentially, USDT is a bridge between…

The United States and the greenback will suffer if stablecoin regulations are not rolled out this year, Stellar Development Foundation's chief has claimed. 49 Total views 1 Total shares Own this piece of history Collect this article as an NFTUnited States financial regulators are tightening their grip on the crypto industry and the U.S. dollar…

The GameFi industry has surged since 2020, with some estimating a market capitalization of $55.4 billion as of February 2022. While others have much lower estimates closer to $3 billion, one thing is for sure: The industry grew rapidly from zero and is poised for continued growth. What matters, however, is not the day-to-day or…

A major global company that helps fight illicit cryptocurrency-related activity does not think that privacy in crypto markets is necessarily bad.Despite representing one of the primary sources of crypto transaction data for federal agencies like the Internal Revenue Service and the FBI, Chainalysis does not exactly oppose the privacy and decentralization of crypto.“Complete transparency is…

A Bitcoin (BTC)-based exchange traded note (ETN) listed on the Nasdaq Stockholm exchange is now being targeted towards U.S. investors, Bloomberg reports Wednesday, August 15. As many in the U.S. clamor to see a Bitcoin exchange-traded fund (ETF) approved by regulators, this so-called “soft” alternative has been trading on the Swedish exchange since 2015, but…

Scalability trilemma implies that to scale, blockchains usually need to sacrifice one of their three fundamental cornerstones — security or decentralization, or transaction throughput. 306 Total views 10 Total shares After a successful Ethereum Merge, all eyes are set on the next phase of transition that would introduce key scalability solutions on the platform, including sharding. Market…

Companies that have already acquired licenses from the country’s financial free zones are exempted from the requirement of registering with the regulator. 489 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe federal financial regulatory agency of the United Arab Emirates (UAE) has announced that it will start…