‘Worst quarter ever’ for stocks — 5 things to know in Bitcoin this week
Bitcoin manages a weekly close above $20,000, but the market is on a knife edge — can miners hold out this week? Bitcoin (BTC) starts a new week still battling for $20,000 support as the market takes in a week …
Synthetix racks up over $1M in daily fees as SNX token value surges 100%
L2 scaling solution Synthetix collaborated with Curve Finance to create Curve pools for sETH/ETH, sBTC/BTC and sUSD/3CRV, allowing investors to convert synths into tokens. Layer-2 scaling solution Synthetix recently collaborated with liquidity provider Curve Finance to create Curve pools for …
Celsius recovery plan proposed amid community-led short-squeeze attempt
BnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016 – allowing customers to be compensated for their losses through tokens tied to the platform’s recovery. Celsius’ …
What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion
There’s more trouble in DeFi as Solend launches a spur-of-the-moment move to crack into a whale’s wallet. On Sunday, the decentralized finance (DeFi) sector came under scrutiny again after DeFi protocol Solend put together a spur-of-the-moment governance proposal related to …
From games to piggy banks: Educating the Bitcoin ‘minors’ of the future
The tools, toys and games available to teach kids about sound money and the Bitcoin network — after all, they’re the ones who will use it. The crypto winter is here. It’s a trying time as prices grind down, but …
Top 5 cryptocurrencies to watch this week: BTC, SOL, LTC, LINK, BSV
Bitcoin is flashing some early signs of a relief rally, and SOL, LTC, LINK and BSV could follow if bulls reclaim $20,000 as a support level for BTC. Bitcoin (BTC) plummeted to $17,622 on June 18. This marked the first …
How a DAO for a bank or financial institution will look like
A DAO-based financial industry means lower fees across the board, accessibility, and transparency. Would it be possible? Global banking network as a DAO Imagining a DAO-based global banking network may seem far-fetched at the moment, but not impossible. If blockchain …
Bitcoin heads for dismal weekly close as BTC price rejects at $20K
It feels like 2018 all over again as Bitcoin’s old multi-year resistance level comes back with a vengeance. Bitcoin (BTC) attempted to reclaim $20,000 as support on June 19 as bulls faced a $7,000 weekly red candle. BTC/USD 1-hour candle …
6 Questions for Annabelle Huang of Amber Group
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Annabelle Huang, the …
El Salvador president addresses bear market concerns with Bitcoin hopium
As tensions rise amid falling BTC prices, President Nayib Bukele decided to share advice for fellow Bitcoin investors that may be concerned about the prolonged bear market. El Salvador introduced BTC as legal tender on September 7, 2021, when its …