Share: Curve Finance CEO, Michael Egorov, initiated a governance proposal suggesting transaction fee rate of crvUSD pools be doubled from 0.01% to 0.02%. If transaction volume remains same, Curve is likely to generate higher income, while … [Continue reading]
Celsius bankruptcy judge denies classification of CEL as a security, rejects precedent set in Ripple XRP case
Share: Celsius investor Otis Davis had asked the US Bankruptcy Court to recognize the legal precedent set by SEC vs. Ripple lawsuit and classify CEL as a security. The judge declined to say whether CEL token is a security, in light of the … [Continue reading]
Charles Hoskinson says Cardano will beat competitors Bitcoin, Ethereum, become world’s largest cryptocurrency
Share: Charles Hoskinson commented on recent developments in Cardano and that the project is on its way to beat competitors Bitcoin and Ethereum. Hoskinson believes Cardano is likely to become the world’s largest cryptocurrency with its … [Continue reading]
XRP price makes comeback above $0.50 as pro-XRP lawyer urges former SEC officials’ testimony
Share: XRP price recovered from its decline below the key psychological level of $0.50 early on Saturday. Pro-XRP attorney John Deaton said that former SEC officials’ testimony in SEC vs Ripple lawsuit could have classified XRP as … [Continue reading]
Top 3 undervalued cryptocurrencies in their opportunity zones during Bitcoin season
Share: Altcoins in top 100 are struggling to recover, on-chain analysts have identified three cryptocurrencies that offer traders an opportunity. AUCTION, LINA and SRM are the three cryptocurrencies that are currently undervalued, according … [Continue reading]
PEPE coin team issues statement on bad actors in founding team, 10 trillion PEPE tokens left
Share: PEPE coin’s official Twitter account issued a statement addressing the transfer of 16 trillion tokens to crypto exchanges. The statement explains how three bad actors, formerly associated with PEPE coin, stole 60% of the tokens in the … [Continue reading]
LINK holders’ patience could pay off as Chainlink price likely to initiate recovery
Share: Chainlink price, despite the decline, has sustained above $6, right above the crucial support line at $5.9. LINK investors have exhibited patience throughout the recent crash, which kept them from witnessing significant losses. The MVRV … [Continue reading]
FTX debtors’ personal data compromised in bankruptcy hack; FBI partakes in investigation
Share: FTX, Genesis and BlockFi customers' are said to be vulnerable to phishing scams that could seek unauthorized access to their wallets. Legal service provider Kroll revealed that it suspects the attack took place on August 19, which could have … [Continue reading]
GBP/USD slides to two-month lows amid global economic woes, hawkish Fed stance
Share: GBP/USD falls 0.18%, as concerns over global business activity and China’s real estate market woes fuel a risk-off environment. US Dollar Index (DXY) advances 0.19% to around two-month highs, buoyed by Powell’s hawkish remarks on inflation … [Continue reading]
US Dollar Index: Climbs above 104.00 as Powell’s hawkish tone reverberates through markets
Share: DXY climbed 0.18% to 104.197 after Powell’s hawkish remarks, signaling a stronger dollar against a basket of six major currencies. CME FedWatch Tool indicates a 46.7% chance of a 25 bps rate hike in November, challenging previous estimates … [Continue reading]