Ethereum co-founder Vitalik Buterin weighed in on the growing debate over prediction markets, warning that the absence of interest-bearing mechanisms makes them unappealing for risk-averse traders. In a post on Farcaster, Buterin said the lack of yield forces participants to sacrifice guaranteed returns elsewhere, such as the 4% annual yield available on dollars, just to…
Bitcoin slipped to its weakest level in more than a month after a major investor began unloading thousands of coins in favor of Ethereum. Data from CryptoSlate show the asset trading at roughly $111,600 on Monday, down nearly 3% in a single day and its lowest mark since early July. The sell-off erased gains from…
The next is a visitor submit and evaluation from Shane Neagle, Editor In Chief from The Tokenist. Though the Terra (LUNA) collapse pricked the crypto bubble in Could 2022, it took the FTX change disaster to firmly pop it on the 12 months’s finish. Ever since, the blockchain narrative has been supplanted by the AI…
With September simply across the nook, Ethereum bulls are jittery, because the ninth month of the calendar 12 months has usually been related to weak point by the number-two coin. With a mean lack of -6.42% since 2016, September is the one worst-performing month for Ethereum over most cycles. Ethereum has been on a tear,…
Ethereum (ETH) recorded a blistering rally of over 15% previously 24 hours and surpassed its 2021 all-time excessive of $4,869.47 on Aug. 22. As of press time, the second-largest crypto was buying and selling at a excessive of $4,888 and was persevering with to maneuver upward. Federal Reserve Chair Jerome Powell prompted the worth improve…
The crypto market rallied greater than 4% to reclaim the $4 trillion mark after Federal Reserve Chair Jerome Powell signaled that US rates of interest may very well be lowered in September. In his speech on the Jackson Gap symposium in Wyoming, Powell stated: “The baseline outlook and the shifting stability of dangers might warrant…
Allianz declared Bitcoin (BTC) a “credible store of value” in a recent investment report, marking the first time the $2.5 trillion asset manager has endorsed digital assets as a legitimate institutional investment. The report, titled “Bitcoin and Cryptocurrencies: The Future of Finance,” represents a dramatic shift from Allianz’s 2019 policy against Bitcoin investments. The German…
Macro conditions suggest Bitcoin (BTC) might face a multi-week performance slowdown if global M2 money supply peaks in September, according to a recent report by Delphi Digital. The BTC-M2 relationship using a 10-week offset shows M2 data already rolling over roughly 8% from projected September highs. Bitcoin has historically followed M2 peaks with performance lags,…
Stablecoins could swell to a $1.2 trillion market by 2028 and begin exerting pressure on U.S. debt markets, according to an Aug. 21 Coinbase report. The projection, based on thousands of growth simulations, outlines a path for the market to expand nearly 5x from its current size of $270 billion. The report comes as the…
Binance’s trading volume in 2025 has reached levels exceeding the combined totals of its leading competitors, marking a new phase in the concentration of exchange activity. Data compiled by CryptoQuant shows Binance handling up to double the trading volume of all other exchanges combined, a development that is raising questions about the structure of liquidity…