Monicagrizzi

Monicagrizzi

Senator and outspoken crypto proponent Indira Kempis shared her excitement at the development on Twitter, stating that "for freedom, inclusion and financial education in Mexico. Mexico's Senate building now houses the country's 14th Bitcoin (BTC) ATM, a sign of the country's increasing interest in Bitcoin. The ATM was installed on Tuesday with the support of...

Monicagrizzi

BTC and select altcoins could be gearing up for an oversold move, but traders beware, it's likely to be a dead cat bounce. The U.S. dollar index (DXY) has risen above the highs created in March 2020 and may next challenge the multi-year highs set in January 2017. Bitcoin’s (BTC) price action is generally inversely connected to DXY. Therefore, unless the dollar...

Monicagrizzi

According to Michael Hsu, representatives from the crypto industry as well as within the U.S. government could work toward setting standards on stablecoins. Michael Hsu, the acting head at the United States Office of the Comptroller of the Currency, said stablecoins need standards comparable to the early internet. In a written statement following his appearance...

Monicagrizzi

SNX price got a boost after the project geared up for participation in the L2 Curve Wars and Optimism airdrop hunters engaged with the protocol. Layer-2 (L2) solutions for the Ethereum (ETH) network have grown in prominence over the last year because of the need for scalable networks that offer low-fee transactions and led to numerous projects that built...

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CEO Michael Sonnenshein said the firm’s European rollout would be done piecemeal due to various regulatory regimes and investor attitudes. Digital asset manager Grayscale Investments is planning to expand its product offerings into Europe to tap into growing institutional demand for cryptocurrencies in the region, CEO Michael Sonnenshein confirmed Tuesday. In an...

Monicagrizzi

Holding BTC price below $39,000 will give bears a $350 million profit in this week’s $1.9 billion options expiry. Up until April 25, Bitcoin (BTC) bulls had been defending the $38,000 level, but bulls were caught off-guard by the recent drop. As Bitcoin plunged from $46,700 to $37,700 between April 5 and 26, most of the bullish bets for the upcoming $1.96 billion...

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Dragonfly, a well-established figure within the venture capital scene, will utilize the capital to invest in early- to mid-term projects within the crypto ecosystem. Dragonfly Capital, a prominent venture capital corporation operating in the cryptocurrency sector, has announced its third funding round, valued at $650 million. The figure surpasses its two prior...

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No doubt, the Metaverse is important, but in the real world, DeFi makes a genuine difference by changing the traditional financial system. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of...

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All the deals, trends, moves and investments in Q1 2022 across the blockchain landscape, brought to you by Cointelegraph Research. The first quarter of 2022 saw unprecedented growth in terms of venture capital activity in different blockchain sectors. In 2021, venture capitalists poured in over $30 billion into infrastructure, nonfungible tokens (NFTs),...

Monicagrizzi

The European Union “is finished,” Arthur Hayes says, while yield curve control will put the U.S. in a “doom loop.” Bitcoin (BTC) will cost $1 million by 2030, one of the industry’s best-known pundits insists, as countries worldwide shun the euro and United States dollar. In his latest blog post published o April 27, Arthur Hayes, former CEO of crypto derivatives...