Month: June 2021

House committee reviews cryptocurrency risks, regulations in hearing

House committee reviews cryptocurrency risks, regulations in hearing

Blockchain

The U.S. House committee on financial services held a hearing Wednesday for legislators and a panel of witnesses to discuss cryptocurrency regulation in the United States. The subcommittee on oversight and investigations invited expert witnesses to testify before congress on the risks and opportunities of blockchain technology. Rep. Brad Sherman (D-MN), a ranking member of …

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Bringing contemporary pop art to an NFT metaverse

Bringing contemporary pop art to an NFT metaverse

Litecoin

The realm of metaverses is growing, with gaming, nonfungible tokens and contemporary performance art all contributing to create interactive and immersive digital-only ecosystems. “Welcome to Lobsteropolis District of Lobster Land” is the welcome notice that greets netizens upon entering Lobsteropolis city. Existing within the blockchain-based virtual world Decentraland, Lobsteropolis is a digital-only city based on …

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Here's why pro traders expect further downside from Ethereum price

Here’s why pro traders expect further downside from Ethereum price

Altcoins

Derivatives data shows that Ether (ETH) traders are feeling less bullish when compared to Bitcoin (BTC). Even though the altcoin captured a nearly 200% gain in the first half of 2021 versus Bitcoin’s modest 22% price increase, traders seem to be more affected by Ether’s recent underperformance. Institutional flow also backs the decreased optimism seen …

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btcusdt v1.1523

btcusdt v1.1523

Bitcoin Analysis

Cryptocurrencies Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin Currencies EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF Stocks Apple, Advanced Micro Devices Inc, Amazon Com Inc, Tesla, Inc, Netflix, Inc, Facebook Inc Indices S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index Futures Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin Bonds …

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Bitcoin has failed miserably as currency, says NYU's 'dean of valuation'

Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’

Bitcoin News

Aswath Damodaran, professor of finance at New York University’s Stern School of Business, has reiterated his criticism of Bitcoin (BTC). Appearing on episode 10 of the Moneycontrol Masterclass program, the NYU professor doubled down on his longstanding repudiation of Bitcoin as currency. According to Damodaran, Bitcoin’s limited use in microtransactions flies in the face of …

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Australian regulators seek public input on crypto ETPs

Australian regulators seek public input on crypto ETPs

Ethereum

The Australia Securities and Investments Commission (ASIC) is seeking public feedback on on crypto-asset exchange-traded products (ETPs), stating that it is aware of rising interest and demand in their launch on regulated Australian markets. In a consultation paper released June 30, the regulator said its top priority was to assess whether the “unique and ever evolving …

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Compound Launches Treasury to Introduce Institutions to Defi

Compound Launches Treasury to Introduce Institutions to Defi

Cryptocurrency

Compound, one of the leading defi-based protocols, is launching a new service called Treasury. Compound’s Treasury is a new product designed to help institutions enter the defi space. Launched in partnership with Circle and Fireblocks, it skips the uber astounding rates conventional defi protocols offer. However, it seeks to offer stable revenue for companies looking …

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Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021

Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021

Cryptocurrency

As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since Monday. Pancakes, Sushi, and Unicorns Decentralized finance continues to astonish, as billions of …

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TFUELUSDT H16: 550%+ gains THE BEST Level to BUY/HOLD (SL/TP)(NE

TFUELUSDT H16: 550%+ gains THE BEST Level to BUY/HOLD (SL/TP)(NE

Bitcoin Analysis

Why get subbed to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates TFUELUSDT H16: 550%+ gains THE BEST Level to BUY/HOLD (SL/TP)(NEW) …

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China crackdown shows industrial Bitcoin mining a problem for decentralization

China crackdown shows industrial Bitcoin mining a problem for decentralization

Bitcoin News

Bitcoin’s reliance on large-scale mining infrastructure and geographic concentration has been thrown into sharp relief by China’s recent mining crackdown. In May, China announced that it would be getting tough on crypto mining and trading as a response to financial risks. The nation’s crackdown on crypto is not new, rather it’s a reiteration of previous …

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