Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry
Nearly $3 billion in BTC options expire on Nov. 26, and bears are better positioned below $58,000.
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Senate Banking Committee Wants Clarity on Stablecoins: Sends Letters to Tether, Coinbase, Circle
Senator Sherrod Brown appears to be keen on understanding how the process of stablecoin minting and redemption actually work. A comprehensive regulatory regime for stablecoin is the need of the…
Ethereum Has Burned More Than a Million ETH Over the Last 3 Months
111 days ago, the Ethereum network implemented the London hard fork upgrade which added a mechanism (EIP-1559) that changed Ethereum’s fee rate to a new scheme that makes the crypto…
Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing
The senator said he had "significant concerns with the non-standardized terms applicable to redemption of particular stablecoins" in separate letters to eight crypto firms.
Ripple And The Republic of Palau Partner to Create a Digital Currency
Despite the problems, Ripple has not given up on its mission to become a significant player in the global payments industry, and even though things are not going so well…
Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets
Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its…
Fed Governor Waller praises stablecoins as a genuine innovation that makes the development of CBDCs redundant
The total market capitalization of stablecoins increased five-fold in the past year alone.
Valkyrie Will Launch On-Chain Defi Fund Next Week
Valkyrie Investments, one of the biggest cryptocurrency asset managers, has announced it will launch a so-called on-chain defi fund next week. This new fund would be substantially different than other,…
Argentines Pay More For 1$ in Bitcoin or DAI Than For One Physical Dollar
Argentina is undergoing a new episode of market jitters after the victory of the opposition forces in the legislative elections. As analysts predict a new devaluation on the horizon, people…
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