In the modern era, the perception and use of digital assets are experiencing a potential “paradigm shift,” as highlighted by Andrew Peel, the Head of Digital Assets at Morgan Stanley. Peel raises concerns about the impact this shift may have on the global dominance of the U.S. dollar. With the growing interest in assets like
Crypto
In the past year, the digital asset economy has faced numerous challenges that have had a significant impact on its growth. Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have all contributed to the shrinking of this industry. Unfortunately, even the world’s second-largest stablecoin, USDC, has not been immune to these forces.
MetaMask, one of the leading cryptocurrency wallets, recently launched Validator Staking support on its platform. This new feature allows users to stake their tokens and earn staking rewards. However, there are both advantages and disadvantages to consider before diving into this staking option. Pros of MetaMask Validator Staking High Reputation and Uptime Consensys, the entity
Bitcoin’s recent decline in price has raised concerns among investors and analysts alike. However, Jurrien Timmer, Fidelity’s Director of Global Macro, offers a different perspective, suggesting that the current trends reflect a short-term adjustment rather than a long-term reversal. In this article, we will delve into Timmer’s analysis and explore the factors contributing to the
Despite the recent influx of capital into spot Bitcoin ETFs, the expected positive impact on Bitcoin’s price has yet to materialize. In fact, Bitcoin experienced a decline of more than 5% following the approvals last week. Surprisingly, Ethereum managed to record an almost 8% increase over the same period, even though it struggled to maintain
In a recent Bitcoin transaction, a user made an incredibly costly mistake by paying an abnormally high fee. The anonymous user paid a fee of 4 BTC, equivalent to $172,000, for a transaction that only sent 2.9 BTC to the intended recipient. This means that the fee was over 133% larger than the actual transaction
In a bid to repay its creditors, the bankrupt lending firm Celsius has made a substantial transfer of over $125 million worth of Ether to various crypto exchanges. This move follows in the footsteps of FTX and Alameda Research, who also resumed fund transfers earlier this month. Moving Funds to Coinbase and FalconX Between January
Chainlink’s native token, LINK, recently experienced a significant downturn, briefly dipping below the crucial $13 support level. This decline was primarily due to speculation surrounding the potential rejection of the spot Bitcoin ETF by the US Securities and Exchange Commission (SEC). However, the latest data suggests that LINK is now enjoying a “mild decoupling” from
The latest research report by Coinbase Research and Glassnode suggests that Bitcoin (BTC) and Ethereum (ETH) are following a pattern similar to previous years, during which their prices surged significantly. This observation draws parallels between the ongoing crypto market cycle and the period from 2018 to 2022. Analysts highlight cyclicality metrics, such as net unrealized
1inch, the popular decentralized exchange (DEX) aggregator, witnessed a remarkable surge in volumes and market dominance in the fourth quarter of last year. This surge was accompanied by a broader market resurgence, indicating increased adoption and trust from users. In this article, we will analyze the factors that contributed to 1inch’s success and examine its
