Tokenized deposits could make bank funding less stable and raise credit costs for US households and businesses, according to an analysis by two economists at the Federal Reserve Bank of Dallas. Economists Rosie Levy and […]
TLDR ETH trades at $2,465 after getting rejected at $2,513 resistance, closing down nearly 2% Momentum indicators including MACD and RSI show overbought conditions across the board Retail traders are 70.3% long while smart money […]
High-performance blockchains often run into the same architectural limit, where the execution sits directly in the path of consensus. In a conventional synchronous model, validators must first execute the transactions inside that block to confirm […]
TLDR Tom Lee said Ethereum will become the leading blockchain for tokenization and artificial intelligence over the next decade. Lee said Ethereum could reach $50,000, $100,000, or even $200,000 in price. Bitmine now holds about […]
Standard Chartered Bank (Hong Kong), or SCBHK, has become the first bank authorized to distribute HKDAP, a regulated Hong Kong dollar-backed stablecoin issued by Anchorpoint Financial. On Monday, the bank said it is engaging eligible […]
Tom Lee’s Bitmine Immersion Technologies continued its accumulation of Ether last week, adding to its holdings as the cryptocurrency staged a sharp breakout following a prolonged downturn. The company disclosed Monday that it purchased 32,447 […]
Decentralized lending protocol Term Finance lost an estimated $8.5 million after an attacker exploited governance control of its strategy vaults, according to blockchain security firms. On Sunday, PeckShield said the attacker drained about 2,843 Ether […]
TLDR: Ethereum MVRV golden cross on August 19 preceded a 34% surge from $1,905 to $2,547 high. Whale wallets holding 10,000+ ETH rose 1.74%, with 17 new whale addresses joining in a week. Over 180,764 […]
TLDR: Jiang Zhuoer says he is 90% confident the crypto bear market has ended after Bitcoin neared $79,500. He bought ETH near $2,100 after selling at 1,738-1,931, then sold half his spot position near $2,525. […]
[Update 12:50 UTC, Aug. 19: Adds background on FASB, proposed disclosure requirements and the US regulatory framework for stablecoins.] The Financial Accounting Standards Board (FASB) has proposed guidance outlining when companies may classify certain stablecoins […]
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