MakerDAO slashes stability fees as stablecoin demand wanes
Maker hopes to reignite demand for its DAI stablecoin through the fee reduction. Decentralized finance lending and stablecoin protocol MakerDAO...
Day: 21 June 2021
Opposition poses constitutional challenge to El Salvador’s Bitcoin law
A political party in El Salvador has filed a lawsuit alleging President Bukele’s new Bitcoin law could be unconstitutional and...
CNBC host boldly reveals he sold his BTC amid depths of bear market
CNBC’s Jim Cramer has sold off almost all of his BTC holdings, predicting bearish fundamentals will suppress Bitcoin’s price for...
Bitcoin hash rate hits 8-month low as Chinese miners power down
Bitcoin’s hash rate plummets to roughly 91 EH/s as Sichuan miners close up shop. Bitcoin’s (BTC) hash rate has fallen...
Chris Giancarlo: U.S. risks becoming ‘backwater’ without central bank digital currency
The former CFTC chairman weighs in on what a U.S. CBDC might look like, as well as the benefits it...
Bank of Israel deputy governor confirms digital shekel pilot is underway
Despite the pilot, the central bank's deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and...
Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown...
Financial Advisor Ric Edelman Sees ‘Tremendous Investment Opportunities’ in Bitcoin
Financial advisor Ric Edelman, founder of Edelman Financial Engines and RIA Digital Assets Council, has recommended having bitcoin in investment...
Malta’s ‘Wild West’ Approach: Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’
The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain...
Polywhale Finance founders accused of rug pull amid abrupt shut down
The founders of the DeFi yield farm have allegedly redeemed over $1 million worth of tokens as the Treasury wallet...
Canadian regulator will hold hearing against Bybit for alleged violations of securities law
The commission alleges Bybit exposes local investors "to unacceptable risks and create an uneven playing field within the crypto asset...
Data shows Bitcoin bears dominate Friday’s $2.5B BTC options expiry
Bears have a potential $450 million lead if Bitcoin fails to hold $32,000 until June 25. Bitcoin (BTC) price dropped...
Minneapolis Fed President Neel Kashkari calls DOGE a Ponzi scheme
The central banker previously referred to cryptocurrencies as a “giant garbage dumpster.” The president of the Federal Reserve Bank of...
Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines
Stablecoin inflows to exchanges tapered off as investors turned bearish on Bitcoin, but a surge in USDC minting could be...
Institutional selling of crypto reaches longest streak since Feb 2018
CoinShares’ weekly report showed another large outflow from digital asset products, with much of the selloff concentrated in Bitcoin funds....
