CRYPTOMARKET
Banks increase risks to stablecoins
The death of the Terra ecosystem triggered a bear market in 2022, causing losses in billions, affecting investor sentiment, and intensifying the regulatory spotlight over cryptocurrencies. Recently, Circle's disclosure that Silicon Valley Bank (SVB) did not process its $3.3 billion withdrawal request led to the depegging of its USD Coin (USDC). This event caused Binance CEO CZ to believe that traditional banks are a risk to stablecoins that are usually pegged 1:1 with fiat currencies, like the U.S. dollar.
Ethereum's Vitalik Buterin Shares Insights on Possible ETH Price Drop Post-Merge
The run-up to the Merge event of the Ethereum protocol saw a number of anticipation from members of the Ethereum community and broader crypto investors on how the coin’s price will be influenced positively
Bitcoin Could ‘Double in Price’ Under CFTC Regulation, Says Chairman Behnam
CFTC-led regulation has the potential to bring confidence and stability to the crypto market, according to Chairman Behnam.
Grayscale Investments Files Claim over Ethereum Proof of Work Token after the Merge
Grayscale Investments, a leading investment partner for digital currencies is set to distribute Ethereum Proof of Work (ETHPoW)
Ethereum PoS Might Be Still Heavily Centralized: Santiment Data
According to data from blockchain analytics provider, Santiment, there seems to be a heavy centralization in the new protocol per validator’s count after the Merge of Ethereum.
Ethereum Miners Realized $756M in August Pending The Merge
Miners on the Ethereum blockchain have made the sum of $756 million while gearing up for The Merge that will take place later in this month
75% Investors Joins Crypto Space due to GameFi, Survey Shows
Despite the recent market crash might discourage investors. A survey shows that 75% of investors join the crypto space due to GameFi.=
Market Slips Into a Bear Motion, Fate in The Merge of ETH Might Reboot Positive Sentiment
The expectation of embracing upcoming upgrades of Ethereum will also spread out to other altcoins even though the coin’s successes will be a way of demarketing the offerings of the so-called “Ethereum Killers”.
Off to a Good Start: Crypto Market Awakening on Sustained Retail Stack Up
With more headwinds ahead as it relates to the US Fed’s potential of raising interest rates yet again, retail investors are arguably staying alert to avoid being caught off-guard in the crypto market.
Crypto Market Resurgence: Two Altcoins Promising a Better Week Ahead
With weekends often characterized by bearish events, the ongoing upsurge could be evidence of a better week ahead. Should these projections be true, Ethereum and ApeCoin are the two altcoins that are likely to fuel this growth
Kraken to Trail Binance in Hiring Over 500 Staffs Amid Crypto Meltdown
Kraken exchange has made a very bold revelation that it does not intend to make any layoffs despite the growing concerns about the ongoing crypto-economic meltdown
Bitcoin, Ether and Other Top Cryptos See Minor Market Recovery
Top cryptocurrencies have made some slight new highs in the midst of the market crash.
MicroStrategy Counting $162m Loss on BTC Holdings as Price Volatility Continues
Nasdaq-listed business intelligence and software firm, MicroStrategy Incorporated is sitting on a massive loss with respect to its Bitcoin, considering the bearish sentiments engulfing the market at the moment.
The Unstoppable Growth of Crypto Market
Nothing has stopped the cryptocurrency market to continue growing in recent years.
Market Sees Broad Price Slump as Bulls Refuse to Hold the Forte
Bitcoin, Ethereum and the majority of altcoins are shedding off their price gains in the past couple of days