DeFi activities have picked up on several networks after increased stablecoin supply. TRON has become a major USDT hub with record volumes in the last four years. Stablecoins remain pivotal to gauging crypto market growth as the tokens are often referred to as gateway assets to institutional investors. Analysts Back Tron’s DeFi Volumes Tron’s USDT … Read more
The SEC abandoned its court appeal over a case it lost last year to expand the definition of a dealer, which was seen as a threat to decentralized finance platforms.
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Ethereum reporter, filling in for Ben Schiller. In this issue: Story Protocol launches to let people register IP and get paid for it Ethereum developers release new initiative to simplify cross-chain transactions Ethereum L1 monad … Read more
The post AVAX Price Rises, SUI Crypto Boosts DeFi appeared on BitcoinEthereumNews.com. AVAX Price Rises, SUI Crypto Boosts DeFi – Web3Bay Innovates E-Commerce No Result View All Result Source: https://blockchainreporter.net/web3bay-advances-digital-asset-sales-while-avax-price-increases-sui-crypto-widens-defi-capabilities/
Crypto analyst Egrag Crypto has provided an ultra-bullish outlook for the XRP price, predicting it could hit a $3.4 trillion market cap. The analyst revealed how this could happen and also boldly asserted that the crypto could hit a trillion market cap in this cycle. How The XRP Price Will Hit $3.4 Trillion Market Cap … Read more
Coinbase is urging Congress to act fast, outlining six priorities to fix broken crypto laws, protect consumers, and stop blockchain innovation from fleeing overseas. 6 Priorities Coinbase Is Pushing to Fix America’s Broken Crypto Law Crypto exchange Coinbase (Nasdaq: COIN) is urging Congress to take action on crypto regulation, outlining six “key legislative priorities” needed … Read more
In a significant move, the U.S. Securities and Exchange Commission (SEC), under the leadership of temporary chair Mark Uyeda, has decided to retract its appeal regarding a contentious dealer rule aimed at high-frequency trading firms and specific cryptocurrency funds. This decision follows a Texas court ruling that deemed the rule incompatible with existing legal frameworks, … Read more
Castle Island Ventures partner Nic Carter says the LIBRA token scandal is “clear proof” that retail has been playing a rigged game all along.
Speaking to Bloomberg News on Thursday, Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said the central bank’s “policy is still restrictive.” Additional quotes Hard to see bad news in the latest jobs data. No single piece of data will trigger a rate decision. Monthly CPI data in Australia is incomplete, have to wait … Read more
As Bitcoin’s price fluctuates amidst a tumultuous market, sentiment has dipped into “fearful” territory, urging cautious optimism as it remains above key support levels. Despite the pervasive bearish sentiment, Bitcoin continues to show resilience, managing to hold above the crucial $92k support, a positive sign for traders and investors alike. According to insights from COINOTAG, … Read more