Multiple short-term time frames are showing weakness, suggesting that BTC might be approaching a top. BTC has been increasing since July 20 after it reached a local low of $29,278. …
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The $600M PolyNetwork hacker ‘is ready to return the funds’
The drama with the largest DeFi hack worth more than $600 million has taken another turn. After the perpetrator dabbled with potentially allowing a DAO to decide where the funds …
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Cardano explodes 20% as crypto market cap eyes $2T
Following another dip below $45,000, bitcoin has bounced off and reclaimed $46,000. Most altcoins, though, have outperformed their leader. The most evident example comes from Cardano (ADA), which has surged …
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XRP market cap surpasses $40 billion following GME’s RippleNet announcement
The San Francisco blockchain company XRP surpassed the $40 billion market cap on August 11 when its price reached a high of $0.90 for the first time since June 15, …
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Institutions are buying Bitcoin (BTC) like it’s late 2020
Bitcoin reserves on derivatives exchanges have dropped to levels last seen before the May price crash. Data from on-chain analytics service CryptoQuant confirmed that as of Aug. 10, derivatives reserves totaled 1.256 …
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Tether unveils reserves and backing for its USDT stablecoin in new report
To assuage critics and to abide by a legal settlement, Tether Holdings Limited, the issuer of the world’s largest stablecoin USDT, has released a report by an independent accountant, which found …
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Ripple (XRP) client Tranglo approved for boosting money transfers and e-money issuance in Asia
Cross-border payments and mobile payment solutions operator Tranglo spreads the word that now it has been approved by authorities in Singapore to offer its customers new services to do with money transfers in …
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Cardano (ADA) creator wants to organize rally in Washington to support cryptocurrency
After the U.S. Senate failed the cryptocurrency industry, IOHK CEO Charles Hoskinson is now willing to take it to the streets. The Cardano creator has tweeted about making phone calls to organize …
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AMC entertainment to accept Bitcoin (BTC) payments for movie tickets
According to AMC CEO Adam Aron, the movie theater chain will have the IT systems in place to accept bitcoin payments by the end of 2021. He made the comments …
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Is Ethereum (ETH) on its way to becoming ultra-sound money?
Ethereum just went through its most complex upgrade ever. Justin Drake, researcher at the Ethereum Foundation, discusses what the upgrade, aka the London hard fork, means for ether’s future as …
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