Declining DApp activity and lackluster demand for the ETH ETFs could limit Ethereum’s recent price rally. Read More at https://cointelegraph.com/news/ethereum-price-shows-strength-but-a-23-drop-in-dapps-activity-raises-concern?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: October 2024
Bitcoin open interest soars to 1-year high as BTC price rallies toward $68K
Demand for leverage in BTC futures jumped to $38 billion, but traders appear well-positioned enough to avoid surprise price swings. Read More at https://cointelegraph.com/news/bitcoin-open-interest-soars-to-one-year-high-as-btc-price-rallies-toward-68k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
NYDFS chief’s advice for crypto firms: ‘Never surprise your regulator’
Adrienne Harris, the head of the New York State Department of Financial Services, has been called the most powerful crypto regulator in the United States. Read More at https://cointelegraph.com/news/nydfs-chief-advice-crypto-firms-never-surprise-regulator?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Better Know a Crypto Candidate: Curtis Bashaw
As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on cryptocurrency and blockchain. Read More at https://cointelegraph.com/news/crypto-candidate-curtis-bashaw-senate-new-jersey?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canary Capital files S-1 for Litecoin ETF
Only days earlier, Canary filed to create an XRP ETF in what analysts dub a “call option” on the November US presidential elections. Read More at https://cointelegraph.com/news/canary-capital-files-s-1-litecoin-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Azra Games secures $42.7M funding for mobile RPG game
Venture firm Pantera Capital is backing the gaming startup’s Series A, with participation from a16z Crypto, a16z Games and NFX. Read More at https://cointelegraph.com/news/azra-games-secures-42-7-million-mobile-rpg-game?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Google’s nuclear power plan could revolutionize cryptocurrency mining
The advent of small modular reactors should make on-site nuclear energy economically feasible at scale. Read More at https://cointelegraph.com/news/google-nuclear-power-plan-could-revolutionize-cryptocurrency-mining?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum traders see limited ‘upside’ in ETH price beyond $2.6K
ETH options analysts say the “relatively small number” of Ether calls bought suggests that the altcoin’s price gains may be limited in the near term. Read More at https://cointelegraph.com/news/ethereum-price-level-defi-options-protocol-crypto-traders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto market matured ‘dramatically’ in 2024: Coinbase
Range-bound price action shouldn’t obscure the fast progress being made in bringing institutions and users onchain, Coinbase and Glassnode said in a Q4 report. Read More at https://cointelegraph.com/news/crypto-market-matured-dramatically-2024-coinbase?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Blockstream secures $210M debt funding for Bitcoin layer-2 strategy
The company raised $210 million in debt financing less than a month after launching a security token offering in Europe. Read More at https://cointelegraph.com/news/blockstream-secures-210-million-debt-funding-bitcoin-layer-2-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound