Bitcoin’s Upswing Is Reminiscent of 2019 Bull Revival
The action four years ago coincided with the Fed taking its foot off the tightening pedal. Bitcoin has rallied almost 40% in January and the…
Tag: DeFi
Morgan Stanley Says Tightening in the Crypto Market Has Paused
While the market cap of stablecoins, an indicator of crypto liquidity, has stopped falling, demand for leverage has yet to start recovering, the bank said.…
A Major Crypto Exchange Abandons Ethereum: Is the World’s Computer Falling Behind?
By ditching Ethereum for Cosmos, dYdX has sparked claims that it has chosen sovereignty over security. Last week, crypto derivatives exchange dYdX announced that it…
Andreessen Horowitz Establishes $4.5B Crypto Fund, Its Fourth
Silicon Valley venture capital firm Andreessen Horowitz is doubling down on its crypto investments despite the market downturn. Andreessen Horowitz has announced a new $4.5…
Bitpanda Acquires Crypto Custodian Trustology
The exchange’s first acquisition continues a streak of splashy crypto custody deals over the past year. Bitpanda, a cryptocurrency exchange based in Vienna, has acquired…
Coincidence or Insider Trading? Price Pops Before Incentive Announcements Raise Questions
Blockchain data shows recent surges in the days leading up to multimillion-dollar user acquisition programs. Experts offer some possible explanations as to why. “Buy the…
Market Wrap: Bitcoin Declines Into the Weekend, as Volatile Month Continues
The technical charts suggest further downside is likely as sellers react to extreme overbought conditions since March. Bitcoin traded lower on Friday as the price…
Buying Your First Crypto? 10 Things You Should Know
Between dogecoin’s cameos on U.S. television and bitcoin’s growing acceptance on Wall Street, cryptocurrency is reaching a wider audience than ever before. Skyrocketing prices are surely tempting to newcomers, but they…
Bank of America Sees DeFi ‘Potentially More Disruptive Than Bitcoin’
There is “no good reason to own BTC unless you see prices going up,” the bank says, but it is intrigued by decentralized finance. “Bitcoin is…
Coinbase: DeFi Could Hurt Us and US Regulations Make It Hard to Fight Back
Caught between megabanks and food-branded DEXs, how does Coinbase compete? The top U.S.-based cryptocurrency exchange, Coinbase, is cautioning investors that U.S. regulators may inhibit its…