Bitcoin price traded a few points above the USD 6,800 level recently. However, BTC/USD came under a bearish pressure after KRW 35 billion (USD 31.5 million) in cryptocurrencies were stolen from a major cryptocurrency exchange based in South Korea, Bithumb. Many altcoins declined and trimmed most of its recent gains. However, the mentioned downside move […]
This past week, bitcoin price started a downside correction from well above the USD 9,500 support area. BTC/USD traded below the USD 9,200 support area, but it found bids near the USD 9,000 and USD 8,950 levels. The price is consolidating (09:00 UTC) above the USD 9,000 level, but there is a risk of an […]
Source: Adobe/Sergey Nivens One of the currently most popular projects in the decentralized finance (DeFi) space, yearn.finance (YFI), revealed StableCredit, a new protocol for decentralized lending, stablecoins, and automated market makers (AMMs). "StableCredit is a protocol that combines tokenized debt stable coins, lending, AMMs, and single sided AMM exposure to create a completely decentralized lending […]
Source: iStock/BirgitKorber The European Commission has announced that 22 European countries (including Norway, which is not a part of the EU) signed a Declaration on the establishment of a European Blockchain Partnership on Tuesday. Other countries, Members of the EU and of the European Economic Area are “invited to join the European Blockchain Partnership” according […]
Source: Adobe/Natalia Klenova Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news A Chinese city said it will launch a blockchain-powered medical prescription app for smartphone-using residents. Per Zhihu, the initiative will be launched in Kunshan, in Jiangsu Province, and […]