ECB: Digital Euro to Boost Global Appeal of European Money, Fight ‘Artificial Currencies’
The digitization of traditional currencies like the euro has the potential to increase their international appeal, the European Central Bank says in a new report. A failure to offer a digital currency would endanger financial stability, ECB warns. The regulator is concerned about the prospect of tech giants dominating payments through their “artificial currencies.” Eurozone’s […]
Vitalik Buterin Says People Difficulties Not Technical Difficulties Slowed the Ethereum 2.0 Rollout
The cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement. Buterin admitted at Hong Kong’s Startmeup HK 2021 Festival that the transition was taking too long and highlighted that it wasn’t technical problems but “related to people.” Buterin: ‘If You […]
Curve (CRV) sees 150% rebound as DeFi bottoms and ETH gas fees drop
Falling Ethereum gas fees, the launch of Convex Finance and the DeFi sector reaching a potential bottom back CRV’s impressive 150% rally since May 23. Falling Ethereum gas fees, the launch of Convex Finance and the DeFi sector reaching a potential bottom back CRV’s impressive 150% rally since May 23.
Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks
Binance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30 days BSC has lost a total of $167 million from these flash loan exploits. Flash Loan Hackers Prey on Binance Smart Chain Dapps – $167 […]
Southern China warns investors against illegal token platforms
China’s southern Hainan province is the latest to warn investors against crypto-based fundraising schemes. China’s southern Hainan province is the latest to warn investors against crypto-based fundraising schemes.
Ethereum has strong fundamentals, so why are pro traders bearish on ETH?
Ethereum price has outperformed Bitcoin by 32% since May but derivatives data shows pro traders are feeling less bullish about the top altcoin. Ethereum price has outperformed Bitcoin by 32% since May but derivatives data shows pro traders are feeling less bullish about the top altcoin.
Here’s 3 ways the relative strength index (RSI) can be used as a sell signal
Bearish divergences and overbought conditions on the RSI are signals traders can look for when considering whether to close a position. Bearish divergences and overbought conditions on the RSI are signals traders can look for when considering whether to close a position.
Binance Extends Blockade of Zimbabwean Crypto Users to Include Non-Resident Traders
Malta-based cryptocurrency exchange, Binance, has reportedly extended its blockade of Zimbabwean users to include non-resident citizens. As a result of the new measures, all Zimbabwean nationals are now precluded from using the Binance trading platform. Zimbabwean Nationals Blocked Prior to the introduction of this new measure, Binance apparently allowed Zimbabwean nationals with non-Zimbabwean residential addresses […]
The CBDC promised land: As some governments falter, others press on
Regulatory hurdles and the economic impact of the pandemic have derailed some CBDC projects, but not all hope is lost. Regulatory hurdles and the economic impact of the pandemic have derailed some CBDC projects, but not all hope is lost.
‘Discounted’ Bitcoin more likely to hit $100K than $20K in 2021, says Bloomberg analyst
“Bitcoin $20,000 or $100,000 in 2021? Crypto Trend Is Upward,” wrote Bloomberg senior commodity strategist Mike McGlone. “Bitcoin $20,000 or $100,000 in 2021? Crypto Trend Is Upward,” wrote Bloomberg senior commodity strategist Mike McGlone.
