Bear markets can be incredibly harsh for projects that have little adoption or lack an applicable use case, but projects that dedicate to building regardless of market sentiment tend to succeed in the next market cycle. One project that has seen a noticeable boost in volume, despite the wider-market downtrend is Stratis (STRAX), a blockchain development platform designed to help…
The need for regulation is a common theme in discussions about cryptocurrency, and the claim is often taken to be self-evident. Now, financial services company New York Digital Investment Group (NYDIG) has done some number crunching to prove the point. In a new study, NYDIG quantifies the effect of regulation on the price of Bitcoin (BTC) worldwide. NYDIG studied Bitcoin…
We’re thrilled to announce that Kraken now supports staking for Polygon (MATIC) holders! From the Earn section of your Kraken account or from your Pro mobile app, you’ll be able to stake your MATIC holdings and earn up to 14% in yearly rewards.* MATIC staking on Kraken is gasless, meaning there are no network transaction fees for staking and unstaking,…
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle Partners With New York Community Bancorp On Tuesday, Circle announced that it is collaborating with NYCB, the parent company of…
In this week’s newsletter, read about Meta’s plans to expand their nonfungible token (NFT) testing on Instagram and Facebook. Check out how soccer legend Cristiano Ronaldo is planning to introduce his fans to Web3 through NFTs and how the rap legends Snoop Dogg and Eminem featured Bored Ape Yacht Club (BAYC) characters in their latest music video. Join Cointelegraph’s Tom…
Bitcoin and altcoins gave up the gains of last week’s relief rally and today’s dip below $20,000 suggests bears are intent on pushing the market back to its yearly lows. Source: https://cointelegraph.com/news/price-analysis-6-29-btc-eth-bnb-xrp-ada-sol-doge-dot-shib-leo
This is a recording of a recent Twitter Spaces conversation about the Australian baseball team, Perth Heat, moving to a bitcoin standard. Listen To This Twitter Spaces: Transcript [0:06] Perth Heat: We had a great experience of credit to the whole organization that put the conference together. Scaling of that size after a few years I thought was quite phenomenal…
NGO My First Bitcoin, in partnership with IBEX Mercado, just announced 38 high school students graduated with Bitcoin diplomas in El Salvador.Bitcoin education is taught through a vocational program in public schools where it serves as a practical skills-based degree necessary for graduation.Yesterday, the companies announced a second school had adopted the Bitcoin diploma. On June 25, in partnership with…
Uniswap (UNI) market valuation could grow by 100% in the second half of 2022 as it paints a classic bearish reversal pattern. UNI price bullish setup Dubbed “inverse head and shoulders (IH&S),” the technical setup takes shape when the price forms three troughs in a row below a common support level (neckline), with the middle one (head) deeper than the…
As reported by local news outlet bnext.com on Wednesday, Chin-long Yang, Governor of the Central Bank of the Republic of China (Taiwan), recommended a no-interest design for the country’s central bank digital currency, or CBDC, pilot. In explaining the decision, Yang said that a CBDC where interest is paid on digital asset deposits would likely become a replacement for fiat…
