Cryptocurrency
Here’s Why JPMorgan Analysts Are Still Bullish On The Bitcoin Price After Crashing Below $100,000
The recent Bitcoin price crash below $100,000 has sparked widespread concern across the crypto market, but major institutional players like JPMorgan remain unshaken. According to reports, JPMorgan analysts have issued a surprisingly bullish outlook for Bitcoin, forecasting a potential...
Cryptocurrency
Market Maker Flowdesk Says Crypto Credit Is Finding a Fragile Balance
Stream Finance's recent disclosure of a default and $93 million loss, combined with October's $20 billion crypto crash, has left digital-asset lenders scrambling to unwind risk while keeping credit lines robust, according to a new note from Flowdesk.Flowdesk says...
Cryptocurrency
New crypto group aims to make unified standards for blockchain transactions
The Blockchain Payments Consortium, made up of several major crypto firms, was formed to create a “common framework that enhances blockchain transactions.”
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Cryptocurrency
USDX Stablecoin Breaks From Its $1 Peg, Sliding to $0.37
On Thursday, another stablecoin, this one dubbed ‘USDX’ from Stable Labs, took a nosedive off its $1 peg, skidding all the way down to $0.3736. The meltdown, some say, traces back to the Balancer exploit that left more than...
Cryptocurrency
Circle weighs in on GENIUS Act implementation: ‘Simple, strong rules’
The US Treasury Department accepted comments related to the implementation of the stablecoin bill until Tuesday as part of the law’s planned rollout.
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World’s largest-known spider’s web reveals different species “having a party” instead of preying on each other
What is thought to be the world's largest-known spider's web, housing tens of thousands of...