Ethereum’s Adoption Paradox: More Users, Lower Prices
Ethereum is seeing a growing divergence between the level of activity on the network and spot prices, suggesting that transactional activity alone isn’t driving demand for Ether.Ethereum network activity has been reaching record highs,…
XRP Is Forming a Chart Pattern That Last Led to a 1,500% Price Rally
XRP’s (XRP) weekly price chart is starting to resemble a technical pattern that previously marked a major cycle low and preceded a sharp upside reversal.Key takeaways:XRP's weekly chart fractal resembles the 2017 cycle low before a 1,577%…
Is the crypto market ‘more resilient?’ Coinbase says so after Bitcoin’s 87%…
Since the U.S.-Israel war with Iran began in late February, Bitcoin has traded in a tight range of $65K-$73K. The resilience has extended to Ethereum and the broader altcoin market as the war drags on.
Commenting on the same in their…
Babylon, Ledger Integration Expands Bitcoin Vault Access
Bitcoin staking infrastructure developer Babylon Labs has integrated with Ledger, a cryptocurrency hardware wallet maker, in a move that could make it easier for holders to put their Bitcoin (BTC) to work in financial applications without…
Aave-Linked Capo Oracle Glitch Triggered $27 Million in Liquidations
A configuration error in a risk-oracle system used by crypto lending platform Aave triggered the liquidation of about $27 million in wrapped staked Ether (wstETH) positions, prompting the protocol to move to compensate affected users.In a…
Wells Fargo Files Trademark for ‘WFUSD’ Crypto Services Platform
US banking giant Wells Fargo has filed a trademark application covering a wide range of cryptocurrency trading, payments and blockchain software services.A filing submitted to the US Patent and Trademark Office (USPTO) on Tuesday seeks…
Vitalik Buterin Urges Crypto Community to Rethink Democratic Tools Amid Global Authoritarian Shift
TLDR:
Vitalik Buterin warns that enthusiasm for DAOs, quadratic funding, and ZK voting tools is rapidly declining globally.
Buterin contrasts the stable 2000s era of bold democratic vision with today’s chaotic, power-driven…
Ether Funding Turns Negative, But Bears Remain In Control: Why?
Key takeaways:Ether price struggled as investors pulled $225 million from the spot ETFs, and Ethereum staking rewards underperformed compared to stablecoin yields.Recent Ethereum network upgrades and plans for improved wallet security are…
South Korea’s FIU warns Bithumb of a six-month ban as Bitcoin exchange flows fall
While there is a lot of discussion around the growing adoption of cryptocurrencies, the industry has also seen a sharp rise in scams, hacks, and other illicit activities.
On 09 March, South Korea’s Financial Intelligence Unit…
Crypto is Just Finance on Different Infrastructure: ASIC
Blockchain and crypto are technologies performing the same functions as existing financial infrastructure, so they shouldn’t be treated as separate asset classes when crafting legislation, according to the fintech chief of Australia’s…