Day: December 7, 2021

Ethereum Strength Sends Bitcoin Ratio To 2018 Highs

As Bitcoin (BTC) is coming out of a harsh weekend with a 5% drop and a huge sellout, ether (ETH) still maintains its strength in comparison, which has been happening since October. Arcane Research’s weekly update shows that the ETHBTC pair reached its highest level since May 2018 reaching 0.085 BTC, seeing possible signals of maturity and an upcoming alt-season. Source: Arcane Research weekly update In 2021, ETH has shown greater strength than bitcoin. The cryptocurrency could be signaling its maturity as it sees higher lows –compared to BTC– than…

Here’s What Cardano Founder Charles Hoskinson Wants For Christmas

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Christmas is just around the corner and Cardano founder Charles Hoskinson is already in the Christmas spirit. The founder went live on YouTube on Monday to do another surprise AMA where he answered questions from the community. As usual, Hoskinson responded to a number of questions from community members who asked about the Cardano project. What Cardano Founder Wants For Christmas During the AMA, Hoskinson gave a rundown of what he would like for Christmas and it was not your usual itemized list of stuff people want for Christmas. Instead,…

Crypto-Focused 10T Holdings to Raise $500M in New Fund

10T had launched a $200 million 10T Holdings fund earlier this year to invest in cryptocurrency startups. The remainder of the firm’s funding has come from co-investment and sub-advised vehicles. The firm’s backing has come from a mix of public pensions, endowments, foundations and family offices. Source

DeFi Index Project to Launch With Vampire Attack on Index Coop, Others

A new decentralized finance (DeFi) investment and index fund platform is celebrating its mainnet launch in macabre fashion. Enso Finance, a platform for building, sharing and trading index fund–style cryptocurrency portfolios, announced in a blog post plans for a vampire attack on six leading DeFi index platforms. Vampire attacks in DeFi occur when a competitor to an incumbent protocol – often a fork of the “victim’s” code – offers superior incentives designed to entice users to move their deposits from one platform to another. In Enso’s case, the platform is…

Regulators’ Stablecoin Report Met With Bipartisan Pushback

Emmer, however, was quick to point out that his stance on stablecoin regulation doesn’t mean he is against regulating the industry in general.: Providing a “light touch regulatory framework” – starting with defining terms like “currency,” “commodity” and “security” – could help encourage innovation in the industry, he said. Source

Amex, Visa, Citi, Paypal Invest in Crypto Transaction Monitoring and Forensics Platform – Finance Bitcoin News

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American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors in the latest funding round of crypto transaction monitoring and forensics platform TRM. Amex, Visa, Citi, Paypal Invest in TRM Platform Crypto transaction monitoring and forensics platform TRM announced Tuesday investments from major financial institutions in its Series B funding round. The company has raised $60 billion from leading financial institutions, including American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace,…