Bitcoin (BTC) headed toward an “interesting” liquidity area on May 18 as United States stock markets opened with a bearish bang. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price nears “interesting” rematch with lows Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it broke through the $29,000 support after the Wall Street open. U.S. markets saw a swift…
Ether (ETH) price has been trying to establish an ascending channel since the May 12 market-wide crash that sent its price to $1,790. Currently, the altcoin’s support stands at $2,000, but the high correlation to traditional markets is causing traders to be highly skeptical s cryptocurrency market recovery. Ether/USD 4-hour price at Bitstamp. Source: TradingView To date, the Federal Reserve…
As the crypto industry faces growing scrutiny from politicians and the media, Coinbase is trying a new tactic to shape the debate: a “global crypto-native think tank.” The Coinbase Institute, which was announced on Tuesday, will “cut across many disciplines and provide expert analysis and insights about what’s happening in the global crypto economy.” In an interview with Decrypt, Director…
Financial commentator Frances Coppola is convinced that algorithmic stablecoins such as TerraUSD (UST) will always be vulnerable to sudden collapses, no matter how much the technology improves. “They can improve their game theory, they can improve their risk assessment, but I think there will still always be some states of the world that they won’t have thought of,” pointed out…
In brief Ethereum rollups “roll up” a bunch of transactions into one. They come in two basic forms: optimistic rollups and zero-knowledge rollups. Even after the latest crypto crash, Ethereum remains expensive for many to use. That’s because the Ethereum blockchain is slow and has maxed out its capacity. Now you must pay through the nose for every additional byte…
By: Hermine Wong, Director of the Coinbase Institute Tl;dr: Today signals the launch of the Coinbase Institute, a global crypto-native think tank. Our mission is to accelerate rigorous, novel research, and to bring together the best minds across disciplines to fuel progress on decentralization, web3, and the future of finance. Today, we’re launching the Coinbase Institute — a global crypto-native…
press release PRESS RELEASE. Metaverses are here, and they are the next generation of gaming. That’s why KICK.IO launchpad is excited to be hosting the public sale of YOANN.IO, an Anime Action Adventure. YOANN.IO empowers players to go on exciting adventures, interact with other players, as well as earn passive income from the marketplace. Within the exciting anime multiverse environment,…
On Wednesday, ShapeShift — a Swiss decentralized autonomous organization (DAO) hosting a cryptocurrency trading ecosystem — announced that its centralized corporate brand, ShapeShift AG, has formed the FOX Foundation. The nonprofit organization’s stated purpose is to oversee the decentralization of its namesake trading platform and assets. The FOX Foundation’s charter includes handling tasks such as paying bills in fiat currency,…
In brief Aave has launched Lens Protocol, an NFT-based decentralized social media protocol that runs on Polygon. Lens Protocol can power an array of potential social media apps and services. Popular DeFi lending protocol Aave is going a very different route for its latest Web3 project, today announcing the public launch of Lens Protocol, a decentralized social graph that uses…
We’re thrilled to announce that Kraken now supports Civic (CVC), Radicle (RAD) and SuperFarm (SUPER)! Funding and Trading Funding is live, and trading will begin on May 19 at approximately 14:30 UTC. Keep an eye on the status page for updates. You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.…
