Following two days of declines, dogecoin rebounded earlier in today’s session, moving away from a key level of support. The meme coin, which has been hovering close to a one-month low, surged, as bulls seemingly bought the dip. The token formerly known as ripple (xrp) was also higher. Dogecoin (DOGE) Dogecoin (DOGE) was a notable gainer in today’s session, as…
The take-off of digital gold has the potential to disrupt the industry to an unprecedented degree. Historically, gold has been used as a global currency as a hedge against inflation. It has also been serving as an investment venue (commodities), often preferred over other asset classes like equities or foreign exchange, particularly in conventional markets. However, there are certain disadvantages…
The current version of the internet is dominated by centralized players. Companies like Google, Facebook and Amazon own and control the data we all generate. That’s made those middlemen very wealthy, and the rest of us not only out-of-pocket, but unsure how and what our data is being used for. That’s a problem Tron wants to solve, by building a…
We’re thrilled to announce that Kraken now supports Stacks (STX)! Funding and Trading Funding is live, and trading will begin on October 21 at approximately 14:30 UTC. You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Ticker STX Tradable against EUR, USD Price precision 3 decimal places Minimum Order Size…
Crypto exchange Kraken confirmed that it will be conforming to the European Union’s new sanctions package. “Kraken complies with the legal and regulatory requirements in all jurisdictions that we operate in,” a Kraken spokesperson told Decrypt via email. “Since the EU’s announcement, we have been working to make the changes needed to comply with the latest package of sanctions against…
Silvergate Capital Corp (NYSE: SI) shares have plummeted 19.5% over the past five days after the crypto-focused bank reported a rather bleak Q3 performance. As of this writing, Silvergate shares are trading at around $55.3, staging a 3.5% recovery during Thursday’s early trading hours, per Nasdaq. Silvergate reported earnings per share of $1.28 for the quarter, lower than average analyst…
N26, a $9 billion European digital bank, is launching bitcoin and cryptocurrency trading services, per a report from CNBC. N26 Crypto, the bank’s newly formed service, is set to roll out to Austrian clients over the next few weeks and initially include bitcoin and a number of cryptocurrencies. Following its initial release, N26 plans to expand its service offering to…
Over the years, several cryptocurrency companies have claimed that deposits with them were insured by the United States Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) as if they were regular savings accounts. While so far, no crypto firm has been able to offer depositors this type of insurance, some speculate it could be the key to mass adoption.…
Bitcoin dominance has decreased more in the U.S. than in any other region, according to a new report from Chainalysis. The world’s largest cryptocurrency by market capitalization saw its dominance slip by 6% between July 2021 and June 2022 in the U.S.—thanks, in large part, to the region accounting for more DeFi activity than any other. On Thursday morning, the…
Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue they generate rather than incentivizing stakeholders by handing out dilutionary free tokens. Where does this real yield come from? Are “fees” really a sustainable model for growth at this early stage? It depends on who…
