Bitcoin speculators are dealing with “a degree of panic” as their BTC holdings sit in unrealized loss, says Glassnode. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-short-term-holders-panic-amid-nearly-100-unrealized-loss
Month: September 2023
Crypto payment firm Alchemy Pay wins money transmitter license in US
Alchemy Pay has joined the ranks of crypto firms like Coinbase and Jack Dorsey’s Block in securing a Money Transmitter License in Arkansas. Source: https://jp.cointelegraph.com/news/crypto-payment-firm-alchemy-pay-arkansas-license
What Are Bridges in Crypto? Cross-Chain Bridges, Explained – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly
beginner Have you ever wondered how cryptocurrencies can be seamlessly transferred between different blockchain networks? The answer lies in the concept of bridges in the crypto world. If you’re new to cryptocurrencies or are simply curious about how they work, this article is here to demystify the concept of bridges and explain how they enable cross-chain transactions. Greetings, I’m Zifa.…
Ethereum price sees new low versus Bitcoin since switching to Proof-of-Stake
Ether (ETH) has seen a 36% year-to-date increase in its price in 2023 in U.S. dollar terms. This recovery, however, is modest given that ETH is currently trading 66% below its November 2021 peak of $4,870. Ethereum vs. Bitcoin: 14-month downtrend and counting Moreover, on Sept. 20, Ether reached its lowest levels against Bitcoin (BTC) in 14 months, breaching the critical…
Bitcoin short-term holders 'panic' amid nearly 100% unrealized loss
Bitcoin speculators are dealing with “a degree of panic” as their BTC holdings sit in unrealized loss, says Glassnode. Source: https://cointelegraph.com/public/index.php/news/bitcoin-short-term-holders-panic-amid-nearly-100-unrealized-loss
What happens when crypto meets fintech in Africa?
Ahead of the Africa Money and DeFi Summit, Hashing It Out host Elisha Owusu Akyaw (GhCryptoGuy) speaks with Andrew Fassnidge, founder of Africa Tech Summit, and Enoch Antwi, CEO of Dnar, on the intersection between cryptocurrency developments on the African continent and the financial technology sector. Fassnidge shares his experience from the perspective of an investor and conference organizer who…
Bitcoin short-term holders 'panic' amid nearly 100% unrealized loss
Bitcoin speculators are dealing with “a degree of panic” as their BTC holdings sit in unrealized loss, says Glassnode. Source: https://jp.cointelegraph.com/news/bitcoin-short-term-holders-panic-amid-nearly-100-unrealized-loss
Chainlink hits Ethereum layer 2 Arbitrum for cross-chain DApp development
Blockchain oracle network Chainlink has tapped into Ethereum (ETH) layer 2 scaling protocol Arbitrum to drive cross-chain decentralized application development. The two protocols announced the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One on Sept .21, giving developers access to Chainlink’s solution that taps into Arbitrum’s high-throughput, low cost scaling. The combination of CCIP and Arbitrum…
Binance plans to delist stablecoins in Europe citing MiCA compliance
An executive at the cryptocurrency exchange Binance said in a public hearing with the European Banking Authority (EBA) that it plans to delist stablecoins for the European market by June 2024. Marina Parthuisot, the head of legal at Binance France, said that since no project has yet to receive approval, “we are heading to a delisting of all stablecoins in…
Binance wallet spends almost $1M in ETH gas fees in one day
A crypto wallet belonging to trading platform Binance has spent 530 Ether (ETH), worth around $843,797, in gas fees in just 24 hours, according to blockchain data explorer Etherscan. On Sept. 21, gas fees on the Ethereum network went from a minimum of 6 gwei, which is around $0.17, up to a maximum of 332 gwei, which is around $11.2,…