3 reasons Bitcoin tumbled below $30,000 in a surprise overnight correction By Cointelegraph

3 reasons Bitcoin tumbled below $30,000 in a surprise overnight correction The price of (BTC) is continuing to reject the $35,000 resistance level, falling below $30,000 briefly overnight on Jan. 22. BTC has pared some losses since, bouncing above $31,500. At these prices, however, is headed for its worst week ever, losing over $5,000 in […]

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Kyber plans to become a hub for DeFi with massive DEX upgrade By Cointelegraph

Kyber plans to become a hub for DeFi with massive DEX upgrade Kyber Network (KNC), a decentralized exchange platform and aggregator on , announced plans for Kyber 3.0, a complete overhaul of its platform. With the 3.0 release, Kyber will transition to become a network of specialized liquidity pools, similar to how different exchanges optimize […]

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Bitcoin, U.S. tech stocks seen as biggest market bubbles

ยฉ Reuters. FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph By Elizabeth Howcroft and Marc Jones LONDON (Reuters) – There is growing angst among investors over financial market price bubbles, and top of the list of concerns were the cryptocurrency bitcoin and U.S. tech stocks, two closely […]

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Timing is key as Bakkt secures NYSE listing By Cointelegraph

Crypto is going public: Timing is key as Bakkt secures NYSE listing Digital assets marketplace Bakkt is set to go public on the New York Stock Exchange in 2021, which could pave the way for more cryptocurrency service providers to follow suit. The Intercontinental Exchange (NYSE:) announced on Jan. 11 that its cryptocurrency marketplace Bakkt […]

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Sick of yield farming? Your liquidity could save Earth from the Daleks By Cointelegraph

Sick of yield farming? Your liquidity could save Earth from the Daleks The decentralized finance craze has provided endless opportunities for token holders to farm yield through staking their assets in a wide variety of liquidity pools. But for those who yearn for something a little more tangible than yet another โ€œworthlessโ€ token in return […]

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ECB president Lagarde renews calls for global regulation of Bitcoin By Cointelegraph

ECB president Lagarde renews calls for global regulation of Bitcoin The European Central Bank president Christine Lagarde has repeated her insistence that global regulators need to tighten the rules to ensure (BTC) falls under more coordinated oversight. In an interview at the Reuters Next conference โ€” amid an unprecedented bull market for the veteran cryptocurrency […]

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Dash price explodes 100%, BCH breaks out as Bitcoin cools off below $40K By Cointelegraph

Dash price explodes 100%, BCH breaks out as Bitcoin cools off below $40K (BTC) price has once again dropped below the $40,000 level on Jan. 10 after crisscrossing it for the past three days as the spotlight shifted to altcoins, namely Dash (DASH) and (BCH). The BTC price drop comes after another failure to break […]

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Brace for impact? After hitting $42K, Bitcoin price volatility may rise By Cointelegraph

Brace for impact? After hitting $42K, Bitcoin price volatility may rise The price of (BTC) achieved a new all-time high above $42,000 on Jan. 8, surging by 9% in merely three hours. At the time, there was a high premium on Coinbase, which meant U.S. buyers drove up the market by aggressively accumulating BTC. But, […]

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US crypto firms invest in tax solutions as IRS updates reporting forms By Cointelegraph

US crypto firms invest in tax solutions as IRS updates reporting forms United States regulators are continuing to fine-tune their tax reporting requirements for cryptocurrency users. A second draft of Form 1040 from the Internal Revenue Service for the 2020 tax season published online suggests that the agency will now require anyone who was engaged […]

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DeFi value locked hits $18B amid Ether rally and SushiSwap gains By Cointelegraph

DeFi value locked hits $18B amid Ether rally and SushiSwap gains The total value locked in decentralized finance, a measure that tracks the amount of assets committed to the DeFi ecosystem, has soared to $18 billion according to DeFi Pulse. TVL chart by DeFi Pulse While the chart may suggest that DeFi adoption is growing, […]

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