Is New York America’s most anti-crypto state? Crypto laws have long been the most ambiguous in the United States, particularly in New York. The enforcement tone has been notably tough under New York Attorney General Letitia James. New York is widely regarded as one of the most anti-crypto states in the United States. Mostly because …
The U.S. dollar retreated slightly as fears of full-scale banking instability dampened demand for the so-called on-protected shelter assets. The yen advanced, despite also being traditionally a haven, with analysts pointing to higher flows ahead of the end of Japan’s fiscal year. The dollar retreated to 130.52 yen and was last down 0.38% at 102.49 …
Currency markets react to banking instability fears Read More »
Bitcoin and Other Crypto Drop The news that Binance, by far the biggest cryptocurrency exchange in the world, is being sued by American regulators caused traders of digital assets to become more cautious, which led to a decline in the price of bitcoin and other cryptocurrencies on Tuesday. Yet, that is not the only …
Tether has excess reserves for the USDT stablecoin of $1.6 billion This is significant information for the cryptocurrency corporation Tether, which claims to have extra reserves of around $1.6 billion to sustain its USDT stablecoin. Speaking of which, Paolo Ardoino, the chief technical officer at Tether, thinks that USDT is turning into the safest asset …
Tether has excess reserves for the USDT stablecoin of $1.6 billion Read More »
OANDA is a long-standing leader in multi-asset retail trading markets. On Monday, the brokerage launched its new Global Markets division featuring CFDs offerings extending beyond European equities to include U.S. and U.K. stocks. This exciting development will surely change how investors approach these markets! The offering allows its customers in emerging markets to trade CFDs …
OANDA Launches CFDs Exposure to Popular U.S. and UK Stocks Read More »
Why the Shiba Inu developer drama affects SHIB pricing Since the launch of PuppyNet, the ecosystem’s beta test of the impending update, the Shibarium network upgrade, a forthcoming blockchain network that will be integrated into the Shiba Inu coin, has generated buzz. Developers would get a true sense of the upgrade’s purpose from this. The …
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Is today’s crypto market weak? Bitcoin (BTC) and the Total Crypto Market Cap (TOTALCAP) both bounced off significant horizontal support levels. The $3 resistance area rejected the Lido DAO (LDO). According to a BitMEX official quoted in the story, despite multiple “Black Swan” incidents, like the demise of FTX, there is still a lot of …
The CFTC head reiterates the future of stablecoins and ether At a recent Senate hearing, the chairman of the US Commodities Futures Trading Commission (CFTC) reiterated that stablecoins and ether are commodities and therefore fall under its jurisdiction. When using the founder of FTX, Sam Bankman-Fried, in the middle of December, the CFTC claimed that …
The CFTC head reiterates the future of stablecoins and ether Read More »
Beginner’s guide to Ethereum (ETH): An overview of wallets Developers can create decentralized applications (dApps) using the open-source, decentralized Ethereum (ETH) blockchain technology. The Ethereum platform’s native cryptocurrency, called ETH, is used to pay for transaction costs and computational services provided by the network. It is the second most valuable cryptocurrency in market capitalization, behind …
Beginner’s guide to Ethereum (ETH): An overview of wallets Read More »
What’s up with the price of Polygon (MATIC)? Some cryptocurrency assets, like Polygon (MATIC), are outperforming the market trend, while others, like Monero (XMR), are underperforming it. The price of a number of cryptocurrencies is currently following the broad trend set by Bitcoin and Ethereum because the trend in the cryptocurrency markets is currently very …
Solana paused because of yet another error The network outage caused by technical issues for the unsuccessful “Ethereum killer” is now customary. Users occasionally experience difficulty finishing transactions. This shut down was the longest in the previous 12 months, lasting 19 hours. On February 25th, an effort to update to version 1.14 ended in failure. …
5 alternative cryptocurrencies to invest in in march With the expansion of the bitcoin market, the definition of an altcoin has changed. Before, anything other than Bitcoin was referred to as an “altcoin,” however, nowadays there are a wide variety of crypto currencies and tokens. Any cryptocurrency asset that is not Bitcoin stays included in …
One of the most fascinating developments in the cryptocurrency sector at the moment is the Fantom Crypto Project. This could potentially alter the way we think about cryptocurrency and blockchain technology. Fantom was created with a range of unique qualities that set it apart from competing projects, such as its ability to increase transactional efficiency …
It can be helpful to understand Ethereum multisig wallets to understand the events with MakerDAO and Oasis. Oasis multisig wallet was used to steal from Wormhole hackers by upgrading its contract. MakerDAO Oasis uses a multisig wallet to protect the money stored within. The platform specifically employs a 2-of-3 multisig wallet, which requires approval from …
Which Ethereum DeFi protocols are the most secure? Read More »
The yearly negative issuance of Ethereum Data from the analytics platform ultrasound. Money reveals that the Ethereum network is currently experiencing deflation. Metrics after the London hard fork’s adoption of EIP-1559 show that more than 1.023 million ether is withdrawn from circulation each year. Since The Merging, also known as the switch to proof-of-stake (PoS) …
