In a recent U.S. Senate hearing, a cybersecurity professional openly endorsed Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act.
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Fidelity seeks green light for Ethereum ETF, following BlackRock's filing
Just days after BlackRock filed for the iShares Ethereum Trust, asset management firm Fidelity has submitted an application for its own Ethereum exchange-traded fund (ETF).
‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.
3 metrics DeFi traders can watch in order to spot the next crypto bull market
The decentralized finance (DeFi) market has been one of the most exciting and volatile sectors in the crypto outside of Bitcoin (BTC). In 2020, the DeFi sector experienced a bull market that saw the total value locked (TVL) in decentralized finance protocols surge from $1 billion to over $100 billion. However, the DeFi market has also been prone to significant corrections. In 2021, the DeFi market experienced a correction that saw the TVL fall from $100 billion to $40 billion.
Despite the volatility of the DeFi market, there are ways for traders to catch onto when the niche crypto sector begins to show sustained bullish momentum. Three of the most important metrics to watch are TVL, a platform’s fee revenue and the number of non-zero wallets holding tokens.
Let’s dig in a bit deeper to explore how these metrics can be used to guage the health of the DeFi sector.
Increases in the total value locked
TVL is one of the most widely used metrics to measure the overall health of the DeFi ecosystem. TVL represents the total amount of cryptocurrency assets locked in DeFi protocols. When TVL rises, it suggests increasing demand and use of DeFi services, which can signify a bull market.
While current TVL is slightly below the 2023 peak set on April 15 of $52.9 billion, it has risen since the start of the year. Since Jan. 1, TVL across the crypto market is up $7 billion, eclipsing $45 billion.
Bitcoin fees skyrocket on ETF hype
The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16. The average transaction fee is up 746% from a year ago.
Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain.
Bitcoin traders' BTC price dip targets now include $30.9K bottom
Bitcoin (BTC) circled $36,000 after the Nov. 16 Wall Street open as analysis hoped for a deeper BTC price comedown.
BTC/USD 1-day chart. Source: TradingViewBitcoin traders map out likely bottoms
Data from Cointelegraph Markets Pro and TradingView followed a retracement from intraday highs of $36,600.
Having failed to establish a breakout beyond 18-month highs during the week, Bitcoin was uninspiring for market participants, some of whom hoped to see a fresh correction to retest lower levels.
“Would be happy to see this latest rally complete the round trip back to $35k. Would be even happier to see a retest of $33k,” monitoring resource Material Indicators wrote in part of the day’s X commentary.
A snapshot of BTC/USDT order book liquidity showed support building at $35,000.
Bitcoin traders' BTC price dip targets now include $30.9K bottom
Bitcoin is giving many traders a feeling that a support retest could be next, but BTC price strength is winning out over altcoins.
ENS developers urge Unstoppable Domains to drop patents or face lawsuit
ENS developer Nick Johnson claims a patent granted to Unstoppable Domains in January is entirely based on ENS Labs innovations.
ENS developers urge Unstoppable Domains to drop patents or face lawsuit
ENS developer Nick Johnson claims a patent granted to Unstoppable Domains in January is entirely based on ENS Labs innovations.
Tech firm Republic taps Avalanche for profit-sharing investment note
The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets.
DMT and a Hellboy outfit — How diewiththemostlikes got on SuperRare: NFT Creator
Relentless & funny NFT Creator diewiththemostlikes says “good meat” instead of “gm!” and got on SuperRare thanks to DMT and a Hellboy outfit.
DMT and a Hellboy outfit — How diewiththemostlikes got on SuperRare: NFT Creator
Mark Wilson — the artist known as diewiththemostlikes — has a truly unique style to his art and a presence that could be described as grotesque, performative, thought-provoking and hilarious all in one packet of rolled-up ground beef.
In a digital art market where supply can be infinite, the Indiana-based artist really stands out from the crowd with his ability to garner attention by often ridiculing the NFT space and eliciting both humor and sadness within his work.
An author of five books, diewiththemostlikes has a passion for not only visual art but also scribing his streams of consciousness. He originally minted his first NFT on March 26, 2021, on Foundation after a random account on X reached out because Wilson had made a joke campaign poster for comedian Eric Andre that went viral.
“This dude reached out and just said, ‘Hey, I have a Foundation invite. Would you want to mint a piece on there?’ I said I don’t know what minting is. I don’t know what Foundation is. I have no clue what any of this shit is,” Diewiththemostlikes explains.
“He said, ‘It could be a good avenue for your digital art,’ so I said, ‘Well, fuck it, man. It’s not like I’m not doing anything with it now. It’s getting two likes on Instagram from fucking porn bots. So, whatever, I’ll mint something, and maybe I can sell something finally as an artist — that would be nice.’”
DMT and a Hellboy outfit — How diewiththemostlikes got on SuperRare: NFT Creator
Mark Wilson — the artist known as diewiththemostlikes — has a truly unique style to his art and a presence that could be described as grotesque, performative, thought-provoking and hilarious all in one packet of rolled-up ground beef.
In a digital art market where supply can be infinite, the Indiana-based artist really stands out from the crowd with his ability to garner attention by often ridiculing the NFT space and eliciting both humor and sadness within his work.
An author of five books, diewiththemostlikes has a passion for not only visual art but also scribing his streams of consciousness. He originally minted his first NFT on March 26, 2021, on Foundation after a random account on X reached out because Wilson had made a joke campaign poster for comedian Eric Andre that went viral.
“This dude reached out and just said, ‘Hey, I have a Foundation invite. Would you want to mint a piece on there?’ I said I don’t know what minting is. I don’t know what Foundation is. I have no clue what any of this shit is,” Diewiththemostlikes explains.
“He said, ‘It could be a good avenue for your digital art,’ so I said, ‘Well, fuck it, man. It’s not like I’m not doing anything with it now. It’s getting two likes on Instagram from fucking porn bots. So, whatever, I’ll mint something, and maybe I can sell something finally as an artist — that would be nice.’”
DMT and a Hellboy outfit — How diewiththemostlikes got on SuperRare: NFT Creator
Relentless & funny NFT Creator diewiththemostlikes says “good meat” instead of “gm!” and got on SuperRare thanks to DMT and a Hellboy outfit.
DMT and a Hellboy outfit — How diewiththemostlikes got on SuperRare: NFT Creator
Relentless & funny NFT Creator diewiththemostlikes says “good meat” instead of “gm!” and got on SuperRare thanks to DMT and a Hellboy outfit.
DMT and a Hellboy outfit — How diewiththemostlikes got on SuperRare: NFT Creator
Relentless & funny NFT Creator diewiththemostlikes says “good meat” instead of “gm!” and got on SuperRare thanks to DMT and a Hellboy outfit.
DMT and a Hellboy outfit — How diewiththemostlikes got on SuperRare: NFT Creator
Mark Wilson — the artist known as diewiththemostlikes — has a truly unique style to his art and a presence that could be described as grotesque, performative, thought-provoking and hilarious all in one packet of rolled-up ground beef.
In a digital art market where supply can be infinite, the Indiana-based artist really stands out from the crowd with his ability to garner attention by often ridiculing the NFT space and eliciting both humor and sadness within his work.
An author of five books, diewiththemostlikes has a passion for not only visual art but also scribing his streams of consciousness. He originally minted his first NFT on March 26, 2021, on Foundation after a random account on X reached out because Wilson had made a joke campaign poster for comedian Eric Andre that went viral.
“This dude reached out and just said, ‘Hey, I have a Foundation invite. Would you want to mint a piece on there?’ I said I don’t know what minting is. I don’t know what Foundation is. I have no clue what any of this shit is,” Diewiththemostlikes explains.
“He said, ‘It could be a good avenue for your digital art,’ so I said, ‘Well, fuck it, man. It’s not like I’m not doing anything with it now. It’s getting two likes on Instagram from fucking porn bots. So, whatever, I’ll mint something, and maybe I can sell something finally as an artist — that would be nice.’”
How to backup your crypto wallet private keys
To securely backup your crypto wallet private keys, create an encrypted offline copy on a hardware wallet or write them on paper.
Bitcoin bull market FOMO absent as BTC price nears key $39K profit zone
"We're still early," analyst says as Bitcoin profitability dynamics reveal a shift in BTC supply profitability on the horizon.