José Manuel Campa reportedly suggested the European Banking Authority may be unprepared for regulating the changes that come with a “very dynamic” crypto space.
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Bitcoin futures data shows 'improving' mood' despite -31% GBTC premium
CME futures data combines with numbers from derivatives platforms to suggest that investors are getting less fearful.
Bitcoin futures data shows 'improving' mood' despite -31% GBTC premium
Bitcoin (BTC) traders may be nervous going into the Federal Reserve rate hike decision, but research suggests that the bulls are broadly gaining ground.
In a fresh update on July 26, analytics firm Arcane Research flagged what it calls "improving" sentiment among institutional traders.
Caution mixed with "improving sentiment"
While attention has focused on the likelihood of a deeper macro low for BTC/USD to come, it appears that not every investor cohort is ready to run for the exit.
Even at current prices 70% below all-time highs, the mood among institutions is strengthening. For Arcane, the proof is in the rising premium being paid by CME Bitcoin futures clients.
This premium, while still low by historical standards, has been sloping upward through the second half of July.
Coinbase stock (COIN) in danger of another 60% crash by September — here's why
COIN could tumble to $21 in the next few months amid Coinbase's insider trading allegations and weak technicals
Coinbase stock (COIN) in danger of another 60% crash by September — Here's why
COIN could tumble to $21 in the next few months amid Coinbase's insider trading allegations and weak technicals.
Education in crypto payments will spark mass adoption, says Checkout.com exec
Jess Houlgrave mentioned that traditional companies are hesitant to integrate crypto because of misinformation and regulatory concerns.
Metaverse visionary Neal Stephenson is building a blockchain to uplift creators
“I worry about things that are not directly related to blockchain and the Metaverse. I worry about climate change and about social fragmentation.”
Bitcoin tackles unique challenges in emerging markets
The adoption of Bitcoin continues to be driven by case-by-case needs as Blockchain Economy Istanbul hones in on emerging markets.
What is Bloktopia (BLOK) and how does it work?
Bloktopia is a Skyscraper made up of 21 levels that provides a VR experience for the community of Bloktopians.
Cathie Wood sells Coinbase shares amid insider trading allegations
Cathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June.
Cathie Wood sells Coinbase shares amid insider trading allegations
Cathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June.
Ethereum Classic gets 'endorsement' from Vitalik Buterin, but ETC price still risks 50% crash
Ethereum Classic (ETC) continues to reap benefits from its blockchain rival Ethereum's upcoming transition from proof-of-work (PoW) to proof-of-stake (PoS).
Vitalik Buterin likes Ethereum Classic
Notably, ETC's price jumped by a little over 20% to reach $27.50, two days after Ethereum co-founder Vitalik Buterin's endorsement of Ethereum Classic went viral across social media. In his comments, Buterin presented the chain as a "fine" PoW alternative to Ethereum.
The statements appeared amid fears that Ethereum's potential network upgrade this September will force PoW miners elsewhere.
In other words, they would be looking for alternative PoW networks to ensure that their rigs remain functional. That could benefit Ethereum Classic since it's the original version of Ethereum and could therefore ensure an easy migration for miners.
ETC technical outlook
Impressively, ETC price has rebounded by over 120% since mid June, making it the standout performer over the past month. Nonetheless, it is still down over 85% versus its May 2021 record high of $185, suggesting that its ongoing retracement move could technically be a bull trap.
Ethereum Classic gets 'endorsement' from Vitalik Buterin, but ETC price still risks 50% crash
ETC's ongoing price rebound looks eerily similar to a bull trap event from 2021.
NFT potential vast and creative possibility endless, says YellowHeart CEO
Josh Katz said that ticketing is one of the most compelling use cases for NFTs as it can prevent fraud.
‘Game yet to begin’ for security token offerings, INX exec says
The current crypto bear market had no direct impact on the STO platform INX because STOs are “very different from others in the space.”
‘Game yet to begin’ for security token offerings, INX exec says
The current crypto bear market had no direct impact on the STO platform INX because STOs are “very different from others in the space.”
Crypto ATM market value to hit $472 million by 2027 per new data
Market research forecasts the global cryptocurrency ATM market to be worth $472 million by 2027, driven by growth in developing markets and growing adoption.
Bitcoin heads into FOMC day on 24-hour highs amid concern over $24.3K top
The Fed keeps markets on their toes while Bitcoin price action manages to inch higher prior to the Wall Street open.
Bitcoin heads into FOMC day on 24-hour highs amid concern over $24.3K top
Bitcoin (BTC) attempted to claw back losses on July 27 as a macro day of reckoning arrived for risk assets.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis: $24,300 resistance “not a good sign”
Data from Cointelegraph Markets Pro and TradingView confirmed a 24-hour high for BTC/USD prior to the Wall Street open on July 27.
The pair had sunk below $21,000 in the first portion of the week, heightening nervousness among traders already wary of potential headwinds from the United States Federal Reserve.
July 27 is set to reveal the Federal Open Markets Committee‘s (FOMC) next base rate hike, expectations flitting between 75 and 100 basis points in size but favoring the former. Both, however, are likely unfavorable for cryptocurrencies, as they reflect worries over both inflation and a willingness to bring the economy closer to recession to tame it.
“I will remain in my short while we are below the range high at $22,200,” popular analyst Crypto Tony summarized in part of his latest Twitter post on the day:
Backlash as Harmony proposes minting 4.97B tokens to reimburse victims
Under the proposal, there would be either a 100% reimbursement via 4.97 billion new ONE tokens, or a 50% reimbursement with 2.48 billion ONE tokens.