The IOTA Foundation recently talked about its upcoming IOTA 2.0 protocol update. The venture has been researching and prototyping the update for years. The goal of the update is to facilitate digital autonomy across the web. Besides this, IOTA is also pushing its Stardust upgrade on October 4 at 8 a.m. CEST. The update will […]
Head of Portugal Central Bank deems crypto unsustainable, calls for global regulation
Mário Centeno, the Governor of Banco de Portugal, joins a chorus of regulators, claiming that national efforts to oversee crypto wouldn’t work correctly without a global framework. A section of Mário Centeno’s speech. Source: Publicnow.com In his opening speech at the 2023 Banco de Portugal Financial Stability Conference on Oct. 2, Centeno called for international […]
Bankrupt Crypto Lender Celsius Eyes Creditor Payback by Year End
The bankrupt crypto lender’s restructuring plan includes the establishment of a new entity with $450 million in seed funding.
Solana Outperforms 2 Top Altcoins – Its Ripple Effect On Prices
Solana (SOL) has emerged as a standout performer in the recent crypto market rally, catching the attention of investors and analysts alike. The entire cryptocurrency market has been on a bullish streak, with most digital assets turning green on the charts. However, Solana has managed to stand out by achieving an unprecedented increase in its […]
5 Altcoins You Should Keep an Eye on in October
Ethereum (ETH), Flare (FLR), Optimism (OP), Hedera (HBAR), and Radiant (RXD) are all altcoins that have interesting developments lined up in October, which could have an effect on their price. The month of September was bullish for the cryptocurrency market, and the increase has so far continued in October. The five altcoins below could draw […]
IMF Proposes Framework to Assess Crypto Asset Risks
The International Monetary Fund (IMF) has released a working paper that delves into the macrofinancial risks tied to crypto assets. The paper, part of the IMF’s Working Papers series, proposes a framework aimed at aiding policymakers and regulatory authorities in understanding and tracking systemic risks from the crypto sector. This framework is crucial as traditional […]
Bitcoin traders demand ‘slow grind’ up after BTC price drops over 4%
traded moderately higher on Oct. 3 after giving back $1,300 of gains into the daily close. BTC/USD 1-hour chart. Source: TradingView Bitcoin bulls slip at $28,600 Data from Cointelegraph Markets Pro and TradingView showed BTC price action focusing on $27,500. The pair unwound overnight, descending from six-week highs near $28,600 to bounce at $27,335 before […]
Ethereum Futures ETF Scarred by Low Trading Volume at Launch, Possible Reasons
Ethereum Futures ETF shows ‘dead on arrival’ instincts
Can ApeCoin and Monero Regain Momentum? Will This New Crypto Gem Overtake Crypto Dominance?
The post Can ApeCoin and Monero Regain Momentum? Will This New Crypto Gem Overtake Crypto Dominance? appeared first on Coinpedia Fintech News The sharp decline in NFT activity has cast doubts over ApeCoin’s ($APE) potential recovery. Likewise, Monero ($XMR) is also struggling with low investor sentiment despite the recent release of its mining equipment. On […]
Binance Faces Class-Action Lawsuit: Accused of FTX’s Downfall
Binance and its CEO, Changpeng Zhao, face a class-action lawsuit, accused of using strategic moves to negatively impact competitor FTX and its financial standing. The lawsuit suggests that Zhao used social media, particularly Twitter, to disseminate information and impact FTX’s utility token FTT’s market value. On October 2nd, a class-action lawsuit presented a new arena […]