The U.S. Securities and Exchange Commission (SEC) has urged a federal court to deny Coinbase’s interlocutory appeal, following a recent court decision that allowed a lawsuit involving the SEC and the cryptocurrency platform to proceed. Last month, Coinbase sought appellate review after failing to get the case dismissed, marking a significant development in the ongoing […] Source: https://news.bitcoin.com/sec-opposes-coinbases-appeal-request-in-ongoing-legal-battle/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha ReportsIllustration by Mitchell Preffer for Decrypt. Most cryptocurrencies are down this week, as the price of Bitcoin and other major coins and tokens struggled to gain ground…
The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming to provide an alternative to the network’s heavy reliance on Circle’s centralized stablecoin usd coin (USDC). The stablecoin, backed by SOL-based liquid staking derivatives (LSDs), is […] Source: https://news.bitcoin.com/solanas-defi-landscape-to-shift-with-marginfis-introduction-of-ybx-stablecoin/
The game is currently available in early access on the Epic Games Store. Source: https://cointelegraph.com/news/okx-ventures-invests-web3-play-arpg-to-train-ai-artificial-intelligence-game-blade-of-god-x
For years, I told myself that I’m not the founder type. Instead, I try to be that strong operator who makes founders’ dreams come true. Perhaps the avoidance of being a founder comes from my Chinese upbringing. As my mother often says: “A gun shoots the first bird that sticks its head out.” She didn’t want me to be that…
Based on the three-day simple moving average, Bitcoin’s hashrate has continued its downward trend, registering at about 550 exahash per second (EH/s). Following the halving, onchain costs have decreased significantly, with data indicating transfer fees ranging from $1.50 to $3.65 per transaction. Bitcoin’s Hashrate Slides 19% in 16 Days According to statistics, the three-day simple […] Source: https://news.bitcoin.com/bitcoin-network-adjusts-to-lower-fees-and-reduced-hashrate-after-latest-halving/
Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range. Source: https://cointelegraph.com/news/bitcoin-volatile-tesla-nvidia-stocks-100k-price-prediction
Several cryptocurrency firms are stepping up to support flood victims in Southern Brazil. For example, Okx has partnered with Brazilian cryptocurrency exchange Foxbit to match donations of up to $10,000 to the “Ajude o Rio Grande do Sul” emergency campaign, channeling funds to non-governmental organizations (NGOs) in the affected areas. Similarly, Bingx is doubling cryptocurrency […] Source: https://news.bitcoin.com/crypto-exchanges-helping-brazilian-flood-victims/
Traditional firms like JPMorgan and WisdomTree are seeking to turn Project Guardian’s blockchain proofs-of-concept into scalable financial products. Source: https://cointelegraph.com/news/jpmorgan-s-onyx-to-industrialize-blockchain-pocs-from-project-guardian
Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently the frontrunner in terms of 30-day growth, showing a 15.3% increase in supply. Stablecoin Valuation Holds Steady With Little Growth Following a period of rapid […] Source: https://news.bitcoin.com/stablecoin-market-stabilizes-at-160-billion-fdusd-and-pyusd-lead-growth/
