Cardano has postponed its Vasil upgrade by four weeks. It’s now slated for late July. Key Takeaways Cardano has postponed its Vasil hardfork upgrade to the last week of July. Input Output Global, the company behind Cardano, cited seven bugs as the reason for the delay. The Vasil hardfork isContinue Reading
Swiss luxury watchmaker Hublot announced on June 21 that it would release 200 new limited-edition watches that will also be available for online purchase using chosen cryptocurrencies through BitPay. The company stated: “Exclusively on our Hublot United States eBoutique, clients will be able to shop using select Cryptocurrencies with BitPay.” Indeed, the new Big BangContinue Reading
The top memecoins Dogecoin and Shiba Inu haven’t been spared in the latest crash in the crypto market as the coins are currently down 16% and 12%, respectively. Dogecoin And Shiba Inu Bleed Amid Wider Crypto Crash The memecoins had been having a rough time for a while now, muchContinue Reading
Senators confirmed that Bitcoin and Ether will be classified as commodities and regulated by the CFTC. One can hardly name a document more long-hoped-for as the crypto bill, co-sponsored by United States Senators Cynthia Lummis of Wyoming and Kirsten Gillibrand of New York, was for the crypto community. And, it’sContinue Reading
With Ethereum’s price down nearly 20% over the past day and hovering around the $1,200 mark this morning, many crypto investors and industry watchers are bracing themselves for a historic drop back into triple digits. But it already happened late last night on decentralized exchange (DEX) Uniswap, albeit briefly, with the price of ETH hitting $950Continue Reading
Hawkish rhetoric from the US Federal Reserve led to consistent daily outflows last week, amounting to $102 million. The “crypto winter” experienced over the past six months by Bitcoin and the larger cryptocurrency markets can largely be attributed to the hawkish monetary policy of the Fed, according to the latest CoinShares report. LastContinue Reading
As digital assets plunge to lows not seen since December of 2020, global crypto exchange giant Binance announced it was temporarily halting all Bitcoin (BTC) withdrawals. In an announcement, Binance said it was pausing BTC withdrawals due to a set of pending transactions that got stuck, stalling the queue. “This isContinue Reading
Brett Harrison, CEO of crypto exchange FTX US is giving his take on why digital asset markets seem to be closely correlated with US stock indices. In a lengthy thread, Harrison addresses a common criticism of crypto not being a good inflation hedge or a portfolio diversifier since it strongly correlates withContinue Reading
Bitcoin dropped below $25,000 for the first time in 18 months, cementing the markets firmly in a crypto winter. The dip in prices sees the market capitalization fall below $1 trillion from previous highs of $3 trillion. Experts have warned investors to brace for even darker days as there areContinue Reading
On-chain data shows the Bitcoin long-term holder SOPR has dropped to March 2020 levels as the price of the crypto crashes below $24k. Bitcoin Long-Term Holder SOPR Plunges Deeper Below One As pointed out by an analyst in a CryptoQuant post, BTC long-term holders are now realizing a similar level ofContinue Reading