The cryptocurrency dipped below $77,000 overnight before making a modest recovery to $80K in the morning. Bearish Pressure Continues: Bitcoin Lingers Above $80K After Overnight Slump Bitcoin tumbled all the way to $76,624.25 late last night, a 4-month low, before later recovering. The entire cryptocurrency market has lost more than a $1 trillion in value […] Original
THORChain has been called a money laundering protocol — a label no decentralized finance (DeFi) project wants unless it’s prepared to have regulators breathing down its neck. Its supporters have fended off the criticism by championing decentralization, while its critics point to recent activities that showed some of the protocol’s centralized tendencies. After exploiting Bybit for $1.4 billion, the North Korean state-backed hackers behind the attack, known as the Lazarus Group, flocked to THORChain, making it their top choice to convert stolen funds from Ether (ETH) to Bitcoin (BTC). Lazarus…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Christine Lagarde, President of the European Central Bank, said that the ECB is aggressively pursuing the idea of a digital euro and expects to finish the testing phase by…
Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional investors. In a March 11 announcement, Cantor Fitzgerald said it is rolling out its Bitcoin (BTC) financing business with $2 billion in initial capital to help institutional investors borrow against their crypto holdings. Anchorage Digital and Copper will safeguard clients’ digital assets by acting as custodians and collateral managers, the company said. Source: Anchorage Digital Anchorage Digital is an institutional cryptocurrency…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Dogecoin’s sentiment has reportedly reached its most negative level in over a year. Crypto analyst Ali Martinez (@ali_charts) shared the below chart illustrating the current landscape of Dogecoin’s social…
Cointelegraph is expanding its presence into the gaming space with the launch of Gaming.News, the next-gen gaming platform built for players, fans and industry enthusiasts. Gaming.News provides comprehensive coverage of the gaming world, offering the latest news and reviews about video games, hardware, eSports and mobile. While operating as a separate brand with its own identity, it shares Cointelegraph’s commitment to high-quality content and deep passion for its subject matter. “Expanding into gaming media was a natural step for us,” said Cointelegraph CEO Yana Prikhodchenko, adding: “Gaming is one of…
President Donald Trump spooked Bitcoin and other markets after announcing a tariff increase on Canadian steel and aluminum from 25% to 50%, citing Ontario’s 25% tariff on U.S. electricity. According to Trump’s Truth Social post, the new tariffs will take effect on March 12. Trump also called on Canada to remove up to 390% dairy tariffs and warned of higher tariffs on Canadian cars by April 2. In his statement, President Trump criticized Canada’s longstanding tariffs on U.S. dairy products, which range from 250% to 390%, labeling them as “outrageous.” He…
Miners have no choice but to sell more Bitcoin during the current downturn, adding to the selling pressure from the recent disappointment that the government won’t buy new Bitcoin for the reserve, plus macroeconomic uncertainty due to tariffs. According to CryptoQuant analyst IT Tech, the price of Bitcoin (BTC) is struggling to bounce back from its current lows due to (among other things) selling pressure from miners. The analyst pointed out that as BTC’s price dropped to $77,700, there was a significant increase in the number of miners moving their…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP drops 19% this week, down 33% from January highs, as $23.61m in longs liquidate. XRP has plummeted 19% this week and is down 33% from its January high, although it has managed to hold above the crucial $2 level so far. While XRP is not alone, the broader crypto market is experiencing significant losses; data shows that the bears are firmly in control, with $23.61 million in XRP…
Opinion by: Michael O’Rourke, founder of Pocket Network and CEO of Grove Open data is currently a major contributor toward building a global emerging tech economy, with an estimated market of over $350 billion. Open data sources often rely, however, on centralized infrastructure, contrary to the philosophy of autonomy and censorship resistance. To realize its potential, open data must shift to decentralized infrastructure. Once open data channels start using a decentralized and open infrastructure, multiple vulnerabilities for user applications will be solved. Open infrastructure has many use cases, from hosting…