Crypto News
Latest Crypto News
Decentralized Exchange Uniswap Expands to Bitcoin Sidechain Rootstock
Uniswap version 3 (v3) has been deployed on Rootstock by GFX Labs, the team behind trading terminal Oku, according to an emailed announcement shared with CoinDesk on Monday. According to Uniswap’s website, the project, originally designed for Ethereum, has also been deployed on the Ethereum layer-2 networks Arbitrum, Optimism and Polygon. Source link
Bitcoin Slips to $42K From Last Week’s Yearly High
Bitcoin, the world’s largest cryptocurrency by market value, lost ground on Monday after reaching yearly highs last week. Bitcoin fell 3% in the last 24 hours to trade around $42,400 after hitting $45,000 last week. There are a number of factors for the drop in price, with some analysts attributing it to macroeconomic fundamentals. Friday’s…
Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters
The Fed’s benchmark interest-rate range is currently 5.25% to 5.5%. Source link
Cathie Wood's ARK Invest Sells Most Coinbase Shares Since July as Price Rises
ARK has been consistently selling Coinbase stock in recent weeks. Friday’s is the largest sale since July, when it sold 480,000 shares worth $50.5 million at the time. Source link
Conio, Backed by Italian Banks, Partners with Coinbase for Supporting Crypto Banking in Italy
“Conio created the first multisig bitcoin wallet for smartphones in Italy, and we are now enlarging the custody capabilities because Italian banks are demanding more in the way of digital assets,” said Conio general manager Orlando Merone in an interview. “We are adding EVM Ethereum Virtual Machine chains, and the target is to cover almost…
Crypto VC Firm C1 Eyes Acquisition of Australian Entities: Report
“Due to current market conditions in the public and private markets, hyperinflation and rising interest rates, we believe the digital assets market offers very attractive valuations in the secondary market,” the deck reads, according to the report. Source link
Bitcoin (BTC) Price Drop Cools Overheated Funding Rates, Data Show
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BTC, ETH, SOL and Major Altcoins Begin Asia Business Day in Deep Red
Bitcoin and Ether lead in liquidation heatmap with over $335 million in rekt positions in the last 12 hours. Source link
Pudgy Penguins, NFTs Behind Walmart Toys, Now Chilling in Pudgy World
The Pudgy Penguins NFT collection first dropped in July 2021, selling out within minutes. Since then, the collection has grown to 8,888 NFTs held by more than 4,000 people, Open Sea data shows. The collection’s floor price is roughly $27,000, up from $90 more than two years ago. The collection’s market cap stands at nearly…
Tether Freezes 41 Crypto Wallets Tied to Sanctions
“By executing voluntary wallet address freezing of new additions to the SDN List and freezing previously added addresses, we will be able to further strengthen the positive usage of stablecoin technology and promote a safer stablecoin ecosystem for all users,” said Tether CEO Paolo Ardoino. Source link