Category: Cryptocurrency News

In a recent report by blockchain analytics company Chainalysis, the firm's Chief Economist Philip Gradwell explains that whales bought 77,000 bitcoin last week, now worth over $3 billion. The buys by institutional investors took place when Bitcoin was trading in the $30,000 to $35,000 range. Those, who entered the market more recently, experienced considerable losses.…
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If you haven't heard it already: EIP-1559 probably will be delayed. See: https://www.reddit.com/r/ethtrader/comments/noh1vy/ethereum_foundations_tim_beiko_thinks_eip1559_by/ We need to fix the incentive structures. Otherwise the delays won't stop. submitted by /u/MetricSystemYOLO [link] [comments]

Another day, another BSC DeFi protocol gets hacked.

Acting OCC head, Michael Hsu, wants greater inter-agency cooperation in establishing regulatory guidelines for the crypto sector.

submitted by /u/Dwez1337 [link] [comments]

Ethereum failed to continue above $2,500 and started a fresh decline against the US Dollar. ETH price is showing bearish signs and it could continue lower below $2,240. Ethereum is struggling to gain bullish momentum above the $2,400 and $2,500 levels. The price is now trading well below $2,450 and the 100 hourly simple moving […]

Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan Energy Regulatory Office plans to hold a meeting on June 2, 2021, […]

submitted by /u/KentKnutson [link] [comments]