The world of crypto is ever-changing, with the emergence of ChatGPT transforming the way traders conduct research and analysis. The analytical prowess of ChatGPT has allowed traders to gain insights into the future price trajectories of cryptos like Bitcoin and Ethereum – adding a valuable tool to their trading toolkit. But it’s not just about […]
Charles Hoskinson: Cardano (ADA) is Substantially More Decentralized Than All Cryptocurrencies
Cardano founder Charles Hoskinson believes the project’s decentralization would act as a “wake-up” call for the industry. In a recent update to the community, Hoskinson said ADA is “substantially more decentralized” than all cryptocurrencies in the market. The exec stressed that the Cardano Improvement Proposal (CIP-1694) – which is a mechanism for on-chain governance that […]
Bitcoin supply in loss at 68% after BTC price drop from $31k local top
Bitcoin supply in loss has risen to 68%, with 6.67 million BTC under water water at current spot price. Indeed, on-chain data shows 2.71 million BTC has fallen into loss as Bitcoin price dropped from the $31k local top. With sell-side risk ratio approaching its all-time lows, Glassnode analyst James Check says BTC could see […]
Bitcoin Manufacturer Canaan’s Q1 2023: $55.2M Revenue But A $47.5M Loss
Canaan, a prominent manufacturer of Bitcoin mining machines, recently disclosed its financial report for the first quarter of 2023. The report reveals that the company generated revenues of $55.2 million during this period. However, despite the positive revenue figure, Canaan experienced a gross loss of $47.5 million. To align it’s reporting currency with its operations, Canaan switched […]
DogeMiyagi, Avalanche, and Dogecoin: Fostering Unity in the Crypto Community
Community-building is critical for creating trust, promoting engagement, and driving adoption in the perpetually shifting cryptocurrency ecosystem. This comparative research looks at how DogeMiyagi ($MIYAGI), Avalanche (AVAX), and Dogecoin (DOGE) help to bring the crypto community together. By comparing these three entities, we may obtain insight into their distinct methods and comprehend their influence […]
Even Biden’s Re-election Can’t Threaten Bitcoin, Claims Pro-XRP Lawyer
The post Even Biden’s Re-election Can’t Threaten Bitcoin, Claims Pro-XRP Lawyer appeared first on Coinpedia Fintech News In a striking declaration today, a distinguished attorney known for his fervent advocacy for Ripple’s digital currency, XRP, stated emphatically that the re-elected Biden Administration lacks the authority to “kill” Bitcoin. John E. Deaton, a recognized pro-XRP attorney, […]
Why This Signal Means Uniswap’s Bear Run Is Almost Over
The price of Uniswap, the largest decentralized exchange by trading volume, is down roughly 35% from Q1 2023 peaks. Even so, on-chain data from Etherscan shows that there has been a steady increase in the number of UNI holders in the past two days. As of May 13, there were 369,646 UNI holders. Since then, the […]
Circle launches Euro Coin on Avalanche
Circle, the digital fintech firm most famous as the issuer of the USDC stablecoin and, more recently, Euro Coin, has unveiled the launch of Euro Coin on the Avalanche blockchain. Circle anticipates the launch to be the first of many multi-chain launches for its reportedly fully-backed euro-denominated stablecoin. Like USDC, Euro Coin is designed to […]
Yearn Finance Hacker Moves $3.6M Via Crypto Mixer Tornado Cash
The exploiter has recently transferred more over $3.6 million, or over 2000 ETH. Over 1 quadrillion Yearn Tether (yUSDT) were minted by the hacker last month. Stablecoins worth $11.6 million were stolen in a cyberattack last month that targeted an earlier version of the Yearn Finance protocol. The exploiter has recently transferred more than $3.6 […]
Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’
The highly accessible introductory text mentions all the concepts and names a curious reader would need, along with some assessments.