There has been no increase in either downward or upward momentum; EUR is likely to trade in a 1.1130/1.1230 range vs US Dollar (USD). In the longer run, EUR is likely to consolidate between 1.1100 and 1.1290 for the time being, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. EUR is likely … Read more
What is HTTP 402, and why does it matter? The web was not really built with payments in mind, especially not for autonomous agents or machines. But with the rise of AI and decentralized finance (DeFi), the need for seamless, native digital payments has never been more urgent. Coinbase x402 announced a new open protocol … Read more
Publicly-traded firm BTCS Inc. announced a $57.8 million financing agreement led by investment firm ATW Partners to purchase Ether as it expands its blockchain infrastructure strategy. The Rockville, Maryland-based company announced the deal on May 14, stating that the move will allow it to expand validator node operations and build recurring revenue from Ether (ETH) … Read more
Opinion by: Yat Siu, executive chairman and co-founder, Animoca Brands A discussion on digital property rights, copyright, intellectual property, the open metaverse, AI and value without physical form. When I attend conferences and similar public events, someone almost always approaches me to ask how cryptographic tokens (fungible or non-fungible) can have value even though tokens … Read more
On May 15th, **COINOTAG News** reported that Deribit is set to witness an unprecedented expiration of over **$3.1 billion** in **BTC** and **ETH** options. Scheduled for tomorrow at **16:00 (UTC+8)**, this significant event encapsulates **$26.6 billion** in notional value for Bitcoin, exhibiting a **Put/Call Ratio** of **0.99** and a Max Pain level of **$100,000**. In … Read more
EOS is rebranding to Vaulta and plans to become a Web3 bank, bridging DeFi with TradFi. The transition will be without a hard fork. After token swapping, will EOSUSDT hit $.16? EOS crypto conducted a one-year ICO and raised $4 billion; yes, $4 billion, not million. Back in 2017 and 2018, many in the crypto … Read more
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Bitcoin’s bullish trajectory is gaining momentum, with analyst Filbfilb emphasizing the significance of the psychological barrier at $100,000 as support while market cap growth strives for the elusive $2 trillion mark. As BTC battles to reclaim its six-figure valuation, the market dynamics reveal a potential altcoin resurgence, adding layers to this intriguing narrative. Filbfilb notes, … Read more
Ethereum is soaring, up 35% this week. At this pace, ETH crypto could break and close above $3,000. The Ethereum Foundation also announced the Trillion Dollar Security initiative, with BTCS also doubling down. None of the top 20 cryptos rivals how Ethereum has been marching higher. ETH has surged over 35% this week, outpacing even … Read more
Inabit, a provider of secure cryptocurrency management solutions, has announced a collaboration with Google Cloud to enhance security for cryptocurrency transactions and digital asset management. This partnership will leverage Google Cloud’s Confidential Computing platform to create secure environments where cryptocurrency private keys remain encrypted and inaccessible, even during active use. The collaboration comes in response … Read more