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Traders buy the Bitcoin dip even as Evergrande's implosion rocks stock markets
The Evergrande fiasco appears to be driving the correction in global stock markets, but data shows this isn't deterring pro traders from buying the BTC dip.
Optimism Will Roll Out Single-Click Launch For Ethereum Projects
Many layer 2 solutions are competing on being the most active in developments. Amid these scaling solutions in Optimism, and given its latest announcement, it will soon enable developers to launch DApps with just a single click of a button.
Optimism...
Texas following El Salvador? Poll shows 37% of residents want crypto payments
Two pieces of legislation related to cryptocurrencies recently took effect in the state, and many businesses already accept digital payments.
Stock sell-off tanks Bitcoin price, but traders expect a bounce near $42K
Fear over the Evergrande situation weighed heavily on equities markets and Bitcoin price, leading traders to expect a bounce in the $42,000 to $38,000 zone.
Institutional investors increase their crypto holdings for 5th straight week
Despite the recent selloff in the crypto markets, institutional managers have been quietly turning bullish over the past month.
Price analysis 9/20: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, AVAX
Bitcoin and most major altcoins have dropped to their critical support levels, which is likely to attract strong buying from the bulls.
Data doesn’t show Bitcoin as an inflation hedge at present, according to Chainalysis
The lack of statistical correlation between inflation and crypto prices has not deterred many investors from viewing the asset in this way, however.
Following SEC notice, Coinbase abandons plan for crypto lending program
The exchange hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring its Lend product to the market.
BBA pushes for crypto regulatory clarity in Massachusetts
The Boston Blockchain Association has published crypto regulatory advisory guidelines for lawmakers in Massachusetts to consider.
FTX crypto exchange expands to Bahamas with new registration
Sam Bankman-Fried’s cryptocurrency exchange FTX plans to establish a “substantial presence” in The Bahamas.