Senator Edward Markey and Representative Jared Huffman want miners to disclose emissions data and the EPA to lead an investigation of their impact.
Bitcoin [BTC] long liquidations soar as price crashes below $23k, more inside
Bitcoin’s latest pullback triggers heavy liquidation of leveraged long positions. According to the delta cap metric, Bitcoin’s macro bottom was looming. Bitcoin [BTC] has finally given in to capitulation after struggling to bounce off from support in the $23,000 range. A closer look at the dynamics of its latest bearish outcome revealed that long liquidations may […]
Uniswap wants to launch mobile wallet but Apple won’t green-light it’s launch
Uniswap Labs has announced plans to release a new self-custodial mobile wallet that will offer users the ability to swap on L1 or L2 networks without having to switch networks. According to Uniswap Labs, the wallet will allow users to check price charts and search for any token across various networks, including Ethereum, Polygon, Arbitrum, […]
Uniswap wants to launch mobile wallet but Apple won’t green-light it’s launch
Despite having its first build approved in October, Uniswap Labs is facing issues with Apple’s App Store regarding its mobile wallet.
Bloomberg analyst says it is time to short crypto
According to Mike McGlone, a senior commodities strategist at Bloomberg Intelligence, it may be premature to declare the bear market for cryptocurrencies over.
Bitcoin On-Chain Activities Are Soaring Against the Regulatory Tide: Report
The introduction of NFTs on the blockchain has increased on-chain transactions to record highs. The rising network usage comes despite the heavy-handed regulations in the US. Bitcoin’s network activity is witnessing a surge in on-chain activity despite stringent market regulations, especially in the US. Analytics firm Glassnode published a report Monday showing a positive sentiment […]
Leading UK Banks With Hefty Restrictions on Crypto Purchases (Report)
HSBC, Nationwide Building Society, and other banking heavyweights in the UK are reportedly implementing a new set of restricting rules aimed at purchasing cryptocurrency. The move comes amid a chaotic year for the crypto industry, which witnessed the failure of several industry giants. Same Old Song According to a Bloomberg coverage, the biggest banking institution […]
DeFi to be examined at inaugural CFTC tech advisory meeting: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. DeFi will be in focus during the inaugural Commodity Futures Trading Commission (CFTC) tech advisory meeting, where a panel will “explore issues in decentralized finance.” Polygon, a layer-2 scaling […]
DeFi to be examined at inaugural CFTC tech advisory meeting: Finance Redefined
French police arrested two individuals in connection with the Platypus exploit in the month of February.
Bitcoin And Ethereum Are on The Right Track, Asserts Ark Invest’s Cathie Wood
Cathie Wood, founder and CEO of American investment management firm Ark Invest has praised Bitcoin and Ethereum, noting that despite suffering sharp price drops following the collapse of FTX, they were both “on the right track.” Speaking in a Monday interview, Wood’s posited that the fact that the technical aspects of the two cryptocurrency networks […]