But these firms are simply creating more and more of their products shipped on-chain, said M^0 Labs CEO Luca Prosperi, who believes a centralized party should not mint stablecoins and should not continue to fractionalize liquidity. As such, M^0 takes some of the original ideas of MakerDAO, where Prosperi was a community leader, but makes that vision more institutional. Source
Month: February 2024
Ethereum Developers Target March 13 for Milestone 'Dencun' Upgrade on Mainnet
The timing for the long-awaited Dencun upgrade, with its much-touted “proto-danksharding” feature, was announced Thursday on a call with top developers for the Ethereum blockchain. Source
Jupiter and Solana in focus, investors explore Rebel Satoshi presale
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rebel Satoshi (RBLZ) is popular, competing with other tokens like Jupiter (JUP) and Solana (SOL). In recent days, SOL and JUP prices have been diverging, with the former rallying. Jupiter price prediction Jupiter recently fell by 6.10% despite announcing the launch of its JUP site. Market experts are divided on the future of Jupiter, with some predicting that JUP will rise to $1.11 by the end of March, while…
Terraform Labs Founder Wins Second Appeal Against Montenegro Extradition Decision
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…
Analyst Reveals Potential Trigger For A 32% Cardano (ADA) Rally
An analyst has explained that based on a pattern forming in the Cardano price, a 32% rally could take place, if a close above this level can happen. Cardano Has Been Forming A Descending Triangle Pattern Recently In a new post on X, analyst Ali has talked about a Descending Triangle forming in the daily price of Cardano. The “Descending Triangle” refers to a pattern in technical analysis (TA) that, as its name suggests, looks like a triangle with a downward slope. The pattern is made up of two lines,…
Bitcoin Approaches $45K; Crypto Trading Volumes Rise
Bitcoin rallied to a four-week high approaching $45,000 on Thursday amid record highs in U.S. equity indexes. Bitcoin, which fell as low as $42,700 on Wednesday, climbed almost 5% to $44,800, the highest since Jan. 11, according to CoinDesk data. “Technically speaking, bitcoin has broken out of a range and could be looking for a push to a fresh yearly high through $50,000,” said LMAX Digital in a morning note. According to Laurent Kssis, a crypto ETP specialist at CEC Capital: “This pump is driven by leverage, i.e the open…
TradeStation Crypto reaches $3m settlement for offering unregistered interest product
TradeStation Crypto, a subsidiary of Japanese brokerage and cryptocurrency exchange Monex Group, has agreed to a $3 million settlement with the United States Securities and Exchange Commission (SEC) and regulators from 26 states. The agreement resolves allegations that the Florida-based company offered an unregistered interest-bearing crypto-lending product to investors without the necessary registration. The SEC identified that between August 2020 and June 2022, TradeStation Crypto engaged in activities where it allowed U.S. investors to deposit or purchase crypto assets in exchange for the promise of interest payments. The firm had…
Institutional adoption of crypto is growing. What can boost it further?
Institutional interest in cryptocurrencies is rising, as revealed by a recent Coinbase survey. What is happening, and what is causing the surge? Over the years, the crypto market has seen a shift towards institutional adoption of digital assets, signaling a phase where crypto assets are getting increasingly integrated into the broader financial ecosystem. A survey conducted by Coinbase in Nov. 2023 revealed that institutional interest in crypto investments is on the rise. About one-third of respondents increased their crypto holdings over the past year, while only 17% decreased them. Half…
Bitcoin Price Jumps Above $44,000, Here Are The Factors Driving It
Bitcoin is back above $44,000 for the first time since the Spot Bitcoin ETFs were approved for trading in January. This price surge is believed to be due to several factors that have played out in favor of the bulls in recent times. BTC Whales Accumulate More Bitcoin Citing data from Glassnode, crypto analyst Ali Martinez revealed recently that Bitcoin whales have been accumulating more BTC, with around 73 new addresses now holding 1,000 BTC or more. This figure is said to mark a 3.66% increase in the last two…
Activist DAO Investor Pivots to Building a Company
Diogenes Casares’ new Stream Protocol is a trading platform he plans to eventually turn into a decentralized perpetual swaps exchange. Source