Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’
The serial Bitcoin critic has once again dismissed BTC’s value proposition as a form of currency. Go to Source Powered by WPeMatico
DIGIT
Bitcoin volatility still a concern for CEO of BNY Mellon subsidiary
Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors. Go to Source Powered by WPeMatico
Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since Monday. Pancakes, Sushi, and Unicorns Decentralized finance continues to astonish, as billions of … Read more
Australian regulators seek public input on crypto ETPs
The Australia Securities and Investments Commission has indicated that Bitcoin and Ether are the only two crypto assets likely to meet its evolving criteria for a regulated crypto ETP. Go to Source Powered by WPeMatico
Institutional investors aren’t buying Bitcoin at 50% of all-time highs …for now
Ahead of the major GBTC unlocking event, it seems institutions and retail alike have cold feet about $34,000 Bitcoin. Go to Source Powered by WPeMatico
Bank of Russia forms first digital ruble testing group
Twelve Russian banks including Sberbank, VTB and Tinkoff Bank will help the Bank of Russia test the digital ruble in January 2022. Go to Source Powered by WPeMatico
Compound Launches Treasury to Introduce Institutions to Defi
Compound, one of the leading defi-based protocols, is launching a new service called Treasury. Compound’s Treasury is a new product designed to help institutions enter the defi space. Launched in partnership with Circle and Fireblocks, it skips the uber astounding rates conventional defi protocols offer. However, it seeks to offer stable revenue for companies looking … Read more
Spanish Socialist Workers’ Party pens public digital currency initiative
Spain’s oldest active political party is reportedly looking to create a public digital currency. Go to Source Powered by WPeMatico
Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining
Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments. Ads for Hydropower Plants Appear on Xianyu Marketplace Advertisements for … Read more
CoinMarketCap launches Ethereum token swaps powered by Uniswap
CoinMarketCap has launched a token swap feature via integration with Uniswap, and has hinted at supporting additional DEXs and networks in the future. Go to Source Powered by WPeMatico
