The International Monetary Fund’s Financial Stability Board said the growing adoption of cryptocurrencies could potentially increase the risks to the global economy.In its Global Financial Stability Report released on Oct. 12, the International Monetary Fund, or IMF, said the adoption of crypto assets and stablecoins in emerging markets and developing economies could pose a challenge to those countries’ macroeconomic and…
Category: News
Bitcoin $60K resistance hints at ‘buy the dip opportunity’ before all-time highs — Analyst
Bitcoin (BTC) liquidity is changing — and it could mean that hodlers will get a fresh “buy the dip” opportunity.As noted by on-chain analyst Material Scientist on Oct. 12, orderbook movements are now repeating behavior from August. Orderbook data boosts bull caseWhat was Bitcoin’s initial “renaissance” month after hitting mid-cycle lows of $29,000, August encouraged bullish perspectives to return before…
What is decentralized finance (DeFi) in Crypto Explained
Hardly anyone who has any sort of involvement in the crypto space hasn’t at least heard about decentralized finance (DeFi). While decentralization has been the main focus of all things crypto, there’s no other field in the blockchain industry that embraces it as well as DeFi does. Its main goal is to provide users with fully-functional and efficient decentralized alternatives…
Total Value Locked in Defi Surpasses $200 Billion — Fantom, Avalanche, Harmony, Arbitrum TVLs Swell – Defi Bitcoin News
Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1, the defi TVL across various blockchains has risen almost 855% from $21.4 billion to today’s $204 billion. Total Value Locked in Defi Jumps Over the $200 Billion Handle, Ethereum TVL…
Vitalik talks DAO’s, Ethereum and NFT’s in new interview
In an recent podcast interview with The Stakeborg Talks, co-founder of Ethereum, Vitalik Buterin spoke candidly on a wide range of issues including his early attraction to mathematics and problem solving, the potential of decentralized autonomous organizations, or DAO’s, as well as his perspective on Bitcoin’s community and the non fungible token, or NFT, space.Early on in the conversion when…
How to Create a Bitcoin Wallet
Bitcoin undeniably shook up the world. It was something totally unique — a fully digital currency that has no physical form. As a result, it required creation of a brand new type of storage — crypto wallets. Getting a digital wallet is an essential part of any crypto investor’s journey, and “how to create a Bitcoin wallet” is often the…
Browser-based DeFi wallet XDEFI launches public version
XDEFI Wallet, a browser-based wallet service for decentralized finance (DeFi) and nonfungible token (NFT) users, launched its public version on the Chrome Store.Similar to the widely-used browser extension wallet MetaMask, the XDEFI Wallet supports DeFi applications across multiple blockchains. According to the announcement, the browser wallet works with the Ethereum (ETH) network and other Ethereum Virtual Machine-compatible chains. Supporting THORchain…
Major Turkish Crypto Exchange Coinzo Shuts Down – Exchanges Bitcoin News
Coinzo, one of Turkey’s largest cryptocurrency exchanges, is terminating its digital asset trading services. The platform said its website will remain online in the next six months to allow users to withdraw their holdings in cryptocurrency and Turkish fiat money. Another of Turkey’s Crypto Exchanges Closes Amid Ankara’s ‘War’ on Cryptocurrency Leading Turkish crypto exchange Coinzo announced on Monday it’s…
Ethereum loses key support level as ETH price falls to two-month lows against Bitcoin
Ethereum’s native token Ether (ETH) rallied by more than 15% in the first twelve days of October. But, compared to Bitcoin’s (BTC) 30% gains in the same period, the second-largest cryptocurrency is currently in a downtrend when priced in BTC.So far into October (and the fourth quarter of 2021), the ETH/BTC exchange rate has plunged by over 12%, reaching 0.060215…
iExec Launches Oracle Factory Allowing Anyone To Create Custom Oracles in Minutes – Press release Bitcoin News
press release PRESS RELEASE. Using the iExec Oracle Factory, developers are able to create their own decentralized oracles with just the API’s URL and key. October 12th, Lyon, France, 2021 – iExec, a decentralized marketplace for computing assets, has announced the launch of the iExec Oracle Factory, a developer interface allowing anyone to create their own oracles, from scratch, in…