Acting US FDIC head cautiously optimistic about permissioned stablecoins for payments
[ad_1] Acting United States Federal Deposit Insurance Corporation chairman Martin Gruenberg spoke on Oct. 20 about possible applications of stablecoins and the FDIC’s approach to banks considering engaging in crypto-asset-related activities. Although he saw no evidence of their value, Gruenberg conceded that payment stablecoins merit further consideration. Gruenberg began his...
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FTX US Deal with Voyager Offers 72% Funds Recovery
[ad_1] According to court documents from this week, clients of the bankrupt crypto lender, Voyager Digital might have a chance to recover some of their funds. Under a preliminary deal with FTX US, a cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange...
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Bitcoin Price Grinds Lower But The Key Breakdown Support Is Still Intact
[ad_1] Bitcoin price slowly moved lower below $19,200 against the US Dollar. BTC is still trading above the main breakdown support near the $18,500 zone. Bitcoin is slowly moving lower and there was a spike below the $19,000 level. The price is trading below $19,200 and the 100 hourly...
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Bitcoin Price Action Falls Flat
[ad_1] In this episode of NewsBTC’s daily technical analysis videos, we are once again examining a possible expanded flat correction in Bitcoin. Once the correction has completed, the bull market could resume. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 18, 2022 In addition to...
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PlayMining Continues to Change Narrative in P2E with its “Cooking RPG” | by Bit Media Buzz | Oct, 2022
[ad_1] PlayMining, a Singapore-based Web3 creative platform launched and maintained by Digital Entertainment Asset (DEA), shares the details of its new gaming titles. PlayMining’s Dragon Ramen launched in mainnet on Oct. 5 According to the official announcement shared by the representatives of PlayMining, its unique play-to-earn game Dragon Ramen...
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Binance Starts CMC Cryptocurrency Index Series
[ad_1] Binance, one of the largest cryptocurrency exchanges in the world by market cap, announced on Monday that it had launched new series of cryptocurrency indices in cooperation with the popular crypto-tracking service CoinMarketCap. Take Advantage of the Biggest Financial Event in London. This year we have expanded to...
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Bitcoin Struggles To Break Past $19,500 As New Twist Surfaces, Here’s What To Expect
[ad_1] BTC’s price shows strength but has struggled to break past $19,500 as the price continues to move in circles. BTC bounced from a low of $18,200 after the price rallied toward $19,800 but was rejected by sellers. The price of BTC continues to trade below 50 and 200...
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Google and Coinbase strike a deal, BNY Mellon begins crypto custody and WisdomTree’s Bitcoin ETF gets denied: Hodler’s Digest, Oct. 9-15
[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Starting in early...
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Uniswap Sellers Stop But RSI Develops Bearish Divergence
[ad_1] Cryptocurrencies have been suffering higher volatility since the bear took control. For example, the fledgling crypto coin Bitcoin price plummeted to a low of $18,363 on Oct 13 and then reversed to $19,354 today. Unlike the other top coins creeping, Uniswap’s native token, UNI, marks higher gains. Although...
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Smart contract-enabled insurance holds promise, but can it be scaled?
[ad_1] A new insurance world is coming where smart contracts replace insurance documents, blockchain “oracles” supplant claim adjusters, and decentralized autonomous organizations (DAOs) take over traditional insurance carriers. Millions of poor farmers in Africa and Asia will be eligible for coverages like crop insurance too, whereas before, they were...
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