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Risk profile of crypto markets similar to oil and tech: Coinbase
A hedge against the traditional market? Nope, crypto assets are now looking closer in risk profile to oil and gas, or EV stocks like Tesla, says Coinbase Institute’s chief economist.
Fed conference hears stablecoins may boost USD as global reserve currency
The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the international currency system.
PennyWise crypto-stealing malware spreads through YouTube
The malware targets Zcash and Ethereum wallets alongside Electrum, Atomic Wallet and Coinomi, it takes your browser extension and login data and reads your chat logs.
MakerDAO voting on collaborating with a traditional bank
The Maker Protocol could extend yet another arm into the traditional finance space if a proposed integration with a Pennsylvania-based bank passes this week.
High-ranking crime fighter to join UK’s FCA as payments and digital assets director
The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy.
Bitcoin price swings 7.5% during intraday trading as US recession concerns mount
BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the market.
Bitcoin Taker Buy/Sell Ratio Short-Term Bull Signal Goes Off
On-chain data shows the Bitcoin taker buy/sell ratio has recently crossed above ‘1,’ a sign that the crypto could experience short-term bullish momentum.
Bitcoin Taker Buy/Sell Ratio Surges Up Above A Value Of 1
As explained by an analyst in a Crypto...
Italian government will provide $46 million in subsidies for blockchain projects
All companies developing IoT, AI or blockchain technology will be eligible to apply for government subsidies provided the funds will be used in specific sectors, such as health.
US Commerce Dept. asks digital asset industry for input on competitiveness framework
The federal agency received eight responses to a request for comment on a document mandated by U.S. President Joe Biden’s March 9 executive order on digital assets.
eToro to terminate $10B SPAC merger in mutual agreement with acquisition firm
The firm is reportedly seeking a new funding round that would infuse with more cash at a 50% lower valuation than one year ago.