Bitcoin is helping secure the truthfulness of Guatemala’s election results. Thanks to OpenTimestamps, a tool created by bitcoin developer Peter Todd a few years ago, Guatemalan tech startup Simple Proof is able to safeguard key documents about the country’s presidential…
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What are Bollinger Bands, and how to use them in crypto trading?
Bollinger Bands are volatility indicators utilizing price bands. Traders buy near the lower band and sell near the upper band. A technical analysis tool called Bollinger Bands uses price volatility to provide probable entry and exit opportunities in trading. They…
Coinbase holds 5% of all Bitcoin in existence: Data
While Coinbase holds $25 billion in BTC, the exchange only owns around $200 million of Bitcoin in its wallets. Blockchain intelligence platform Arkham recently identified that crypto exchange Coinbase holds almost 1 million Bitcoin (BTC) in its wallets. The coins…
Coinbase CEO warns against AI regulation, calls for decentralization
Coinbase CEO Brian Armstrong said decentralization and open-sourcing AI is a better alternative to regulating the space. Brian Armstrong, the CEO of crypto exchange Coinbase, expressed his stance on artificial intelligence (AI) regulation in a recent post on the social…
Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit
Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS, and Bitcoin miners shared their plans for boosting productivity via green energy. Bitmain rolled out its next-generation Antminer S21 and S21 Hydro ASIC miners at the World Digital Mining Summit…
DeFi activity on the decline, but investment rolls in: Finance Redefined
The total value locked in DeFi plunged by nearly $5 billion in the past week, falling to $44 billion, according to DappRadar data. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted…
Nifty News: Murakami to step back from NFTs, Dan Harmon’s NFT Show debut and more…
Takashi Murakami said he might step back from NFTs but stay involved in different ways, Krapoplis is set to debut on FOX this month and an NFT artist won a multi-million dollar contract dispute. Murakami to wind back from NFTs…
Base surges past Solana as total value locked nears $400M
As per DeFi Llama data, Solana’s TVL has decreased by 9.64% over the past month to sit at $358.96 million, while Base’s TVL has surged to $397.32 million. The total value locked (TVL) on Coinbase’s layer 2 network Base has…
How are crypto firms responding to US regulators’ enforcement actions?
Prometheum was purportedly “purpose-built to comply with federal securities laws” and has avoided lawsuits from the SEC when compared with firms like Binance and Coinbase. United States regulators including the Securities and Exchange Commission (SEC) have ongoing civil cases against…
Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain
This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain. The venture capital industry appears to be gearing up for portfolio rebalancing in 2024, with investors positioning themselves…
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