Elliptic Announces Investment from JP Morgan in Series C Funding

May 26, 2022 0 Comments

This post was originally published on this siteElliptic, a cryptocurrency risk management company, announced an investment coming from JP Morgan on Thursday, which is part of its $60 million Series C funding round.

Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

May 26, 2022 0 Comments

This post was originally published on this site ETH dropped below a key support in its USD and BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal.

Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate

May 26, 2022 0 Comments

This post was originally published on this site Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop […]

Brainard tells House committee about potential role of CBDC, future of stablecoins

May 26, 2022 0 Comments

This post was originally published on this site The Fed vice chair told the House Financial Services Committee that a CBDC offers stability, interoperability in increasingly complex economic system.

Former Binance Executives Lead $100 Million Venture Fund

May 26, 2022 0 Comments

This post was originally published on this siteOn Thursday, Old Fashion Research (OFR), a multi-strategy blockchain investment fund, said that it had launched a $100 million venture fund led by former Binance executives.

Bitcoin Transaction Fees Remain Historically Low Despite Recent Spike

May 26, 2022 0 Comments

This post was originally published on this siteData shows the Bitcoin total transaction fees have continued to be at historically low values despite a spike during LUNA’s collapse recently. Bitcoin Transaction Fees Have Moved Sideways Since July 2021 As per the latest weekly report from Glassnode, the total transaction fees on the BTC network has […]

Bitcoin Bearish Signal: Whale Ratio Continues To Stay At High Value

May 26, 2022 0 Comments

This post was originally published on this siteOn-chain data shows the Bitcoin exchange whale ratio has remained at a high value recently, a sign that could be bearish for the crypto’s price. Bitcoin Exchange Whale Ratio On Verge Of Entering “Very High Risk” Zone As explained by an analyst in a CryptoQuant post, the 72-hour […]

‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino

May 26, 2022 0 Comments

This post was originally published on this site Through a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said.

Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon

May 26, 2022 0 Comments

This post was originally published on this site The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 […]

Is the US Lagging Behind the EU in Crypto Investments?

May 26, 2022 0 Comments

This post was originally published on this siteA report by the Federal Reserve (Fed) is shedding some light on crypto owners in the United States. As crypto exchanges call for global adoption of cryptocurrencies, where do US consumers stand? A …