Will Solana price hold $180 after 30% drop in weekly DApp volumes?
Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside.
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Decoupling ahead? Bitcoin and Ethereum may finally snap their 36-month correlation
Anish Saxena, a New Delhi-based automobile dealer, made "incredible" profits by investing in cryptocurrencies in 2020, just as his business took a hit from the coronavirus pandemic-induced lockdown."I had known about Bitcoin and Ethereum and dozens of other assets for years," the 33-year old businessman said. "But I only got to invest in them after…

Here’s why bears hope to pin Bitcoin under $60K ahead of Friday’s $1.1B options expiry
Bitcoin (BTC) bulls were euphoric when the price soared to $69,000 on Nov. 10 because the 14.5% gain accumulated over five days meant they were in for a $715 million profit on Friday’s options expiry.However, the 9% negative price move on Nov. 16 caught bulls by surprise, especially since most of the call (buy) options…

iFinex proposes $150M share buyback from Bitfinex hack affected users: Report
Bitfinex hack victim from 2016 received iFinex shares as a form of compensation as the crypto exchange didn’t have enough cash at hand to make users whole. 117 Total views 1 Total shares Bitfinex's parent company iFinex has proposed to buy back $150 million worth of the company’s shares from users who were offered these

Telegram’s Blockchain OS Could Soon Appear in App Stores
The Telegram Open Network's operating system will reportedly be available on major app stores in the near future. 1820 Total views 49 Total shares Google Play market and Apple's AppStore will reportedly soon feature the Telegram Open Network (TON) operating system (OS), an end-to-end open-source infrastructure that allows developers and users to work with the…

Decentralized exchanges aren’t ready for derivatives
If the words “derivatives trading” conjures up images of men in suits with disheveled white sleeves rolled up to the elbows and exacerbated expressions on their faces — like something out of The Big Short — then the word decentralized exchanges (DEXs) must conjure up, well, nothing. There are no offices, no floor traders waving papers…

BlockFi confirms unauthorized access to client data hosted on Hubspot
As a third-party vendor for BlockFi, Hubspot stored user data such as names, email addresses and phone numbers, which has been historically used for conducting phishing attacks. 248 Total views 3 Total shares New Jersey-based crypto financial institution BlockFi confirmed a data breach incident via one of its third-party vendors, Hubspot. BlockFi’s proactive warning about…

Crypto Markets Continue Trading in Red, Oil Reports Losses
Thursday, July 11 — major cryptocurrency markets are trading in the red zone, with just a few coins reporting moderate gains, according to Coin360.Market visualization courtesy of Coin360The leading cryptocurrency Bitcoin (BTC) has continued coming down after yesterday;s sharp drop to trade at around $11,740 as of press time. The coin has lost 4.39% over the…

Bank of England governor issues crypto investment warning
England’s central bank warns crypto investors to be wary of the risks associated with buying cryptocurrencies. 8801 Total views 27 Total shares Andrew Bailey, governor of the Bank of England, has warned crypto investors of the dangers of participating in the market.Speaking during a conference on Thursday, Bailey balked at the notion of “cryptocurrencies,” stating…