‘Better as friends’: DeFi protocols Yearn and Cover announce cessation of merger
The relationship is “c-over” between Yearn Finance and Cover, an emotional split related to a new protocol from Cover developers. Go to Source Powered by WPeMatico
Month: March 2021
Stocks slide as dollar hits 4-month highs: Why Bitcoin price is slumping below $50K
Bitcoin is slumping as the DXY breaks out and the U.S. stock market tanks. Go to Source Powered by WPeMatico
Crypto Pepes: What does the frog meme?
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‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal Jobs Summit on Thursday. Powell didn’t explain when the … Read more
Bitcoin’s next top could be between $75K and $306K, Kraken research suggests
A reading of the historical data paints a promising picture for Bitcoin’s potential growth in 2021. Go to Source Powered by WPeMatico
Square’s $297M stake in Tidal could unlock DLT features, analyst says
Square’s majority stake in Jay-Z’s streaming service Tidal will potentially help artists grow their fan bases using blockchain technology, a Gartner analyst said. Go to Source Powered by WPeMatico
MicroStrategy dismisses market uncertainty, buys another Bitcoin dip
The software company added another $10 million in BTC to its war chest. Go to Source Powered by WPeMatico
Bitfury’s US Bitcoin mining subsidiary to go public via $2B SPAC merger
Bitcoin mining firms, even the newly-established ones, seem to be increasingly pursuing public listings. Go to Source Powered by WPeMatico
Thai bank’s venture arm invests in institutional crypto custodian Anchorage
SCB 10X, the venture arm of Thailand’s oldest bank, is participating in an $80 million Series C fundraising round for institutional crypto custodian and digital asset platform Anchorage. Go to Source Powered by WPeMatico
Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban
Bybit will stop serving customers from U.K.-based IP addresses starting March 31, following the FCA’s ban on all cryptocurrency derivatives trading. Go to Source Powered by WPeMatico
