Bitwise CIO Says Full-Blown Crypto Winter Nearer the End Than the Beginning — Institutional Flows May Be Masking Deeper Losses
As the cryptocurrency market continues to slog through persistent volatility and weakened prices, one influential voice in the sector is offering a contrarian but cautiously optimistic view: the infamous “crypto winter” that has dogged digital assets for more than a year may be closer to its end than its beginning. That assessment comes from Matt Hougan, Chief Investment Officer at Bitwise Asset Management, who...
Crypto Market News Today: Why Prices Are Up and Sentiment Shifts at Start of February
The cryptocurrency market opened February with mixed but intriguing price action and sentiment shifts, signaling a possible turning point after a turbulent end to January. Traders and analysts are weighing a variety of factors driving renewed activity — from macroeconomic developments to institutional flows and broader market psychology. While prices have shown signs of stabilization and short-term upticks across major assets, sentiment among investors...
FTX Files $1.8 Billion Lawsuit Against Binance and CEO
In a significant legal development within the cryptocurrency industry, FTX, the now-defunct cryptocurrency exchange, has filed a lawsuit against Binance and its founder, Changpeng...
NYC Dog Mayor Election Disrupted by Crypto Influence
In an unexpected convergence of digital finance and local community events, the New York City honorary dog mayoral election has been embroiled in controversy...
Fuel Labs Launches ‘Ignition’ Rollup Network: A New Era for Ethereum Scaling
Fuel Labs has officially launched the Ignition rollup network, a high-performance Layer-2 solution designed to enhance Ethereum's scalability through advanced parallelization and a unique...
Regulating DeFi: What Does the Future Hold for Decentralized Finance?
Decentralized Finance (DeFi) has emerged as one of the most transformative sectors within the cryptocurrency space, allowing users to access financial services like lending,...
MakerDAO to Launch USDS Stablecoin and Sky Governance Token
On September 18, 2024, MakerDAO, one of the pioneers in decentralized finance (DeFi), will take another major step forward with the launch of its...
BGlobal Cryptocurrency Ownership Surge
In 2023, the global cryptocurrency community witnessed a remarkable surge in ownership, with the total number of crypto users soaring by 34%, reaching an...
Ethereum 2.0 and the Future of Smart Contracts
Ethereum 2.0, also known as Eth2 or Serenity, represents a significant upgrade to the Ethereum blockchain. This transition marks a shift from the energy-intensive...
Poloniex Loses $100M in Heist
In a stark reminder of the persistent vulnerabilities within the cryptocurrency sector, the Poloniex exchange has become the latest victim of a significant security...
Blockchain in the Automotive Industry: Use Cases and Applications
The automotive industry, constantly at the forefront of technological innovation, is now exploring the potential of blockchain technology. This exploration is not just a...
OKX, Binance, and Bybit Triple Their Activity
The cryptocurrency trading landscape has witnessed a remarkable surge in activity, with major exchanges such as OKX, Binance, and Bybit experiencing a tripling of...
Grayscale’s Parent Company Achieves Profitability
In the final quarter of 2023, Digital Currency Group (DCG), the parent company of Grayscale Investments among other cryptocurrency ventures, reported a remarkable achievement:...
DeFi: Revolutionizing Traditional Banking
Decentralized Finance, commonly known as DeFi, is redefining the financial landscape. It's an emerging financial technology based on secure distributed ledgers similar to those...