Cryptocurrency

Open Letter to a Friend Suspecting Bitcoin on Wall Street

Open Letter to a Friend Suspecting Bitcoin on Wall Street

Dear Wall Street friend, I am writing this letter because I like you. I know we have differences, especially in the way we look at financial institutions that dominated the last century of history, but I understand where it comes from. You are a smart and communicative person, banks and managers have identified your potential, …

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Ripple responds to SEC's 'Customer Privilege' allegations ─ what's different this time

Ripple responds to SEC’s ‘Customer Privilege’ allegations ─ what’s different this time

The unending litigation between the fintech firm, Ripple, and the US regulatory watchdog continues to take different directions. One of the most elaborate struggles involved William Hinman’s 2018 speech. There was a talk on crypto securities by the former Director of the SEC’s Corporate Finance Division. Are you asking if this is a statement of …

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This week with coins

This Week in Coins: Nearly Every Top 100 Cryptocurrency Sinks As LUNA Slips From The Bottom

With coins this week. Illustration by Mitchell Preffer for Decryption a look over decrypt The homepage this week would have been enough to see that the global crypto industry is in a hive of panic. The craziest week in krypton I saw some 200 billion dollars Total market capitalization evaporated between Wednesday and Thursday, while …

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GEM-TRX: Providing a safe and convenient TRX cloud mining experience

GEM-TRX: Providing a safe and convenient TRX cloud mining experience

Launched in 2018, GEM-TRX, as the name suggests, is a cloud mining service built on the Tron network. It provides users with a safe, convenient and efficient TRX cloud mining experience. Users can visit the official GEM-TRX website and open an account with ease. The company allows users to mine TRX cryptocurrency with a low-cost …

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Kudlow: Radical progressives will try to regulate digital currencies

Kudlow: Radical progressives will try to regulate digital currencies

Larry Kudlow (FOX Business) Tonight we need to talk about cryptocurrencies, sometimes referred to as digital currencies or even alt currencies. These currencies are traded outside the banking system. They are developing their own digital ecosystem and yes, their prices can fluctuate a bit. Of course, we saw this recently. Digital currency exchange company Coinbase …

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How does an 'extremely fearful' bitcoin market compare to the past and what to expect next?

How does an ‘extremely fearful’ bitcoin market compare to the past and what to expect next?

Stablecoin USDTerra or UST USTUSD, Once among the top 10 cryptocurrencies by market capitalization, it lost a 1-to-1 peg against the US dollar and fell as low as 6 cents on Friday, according to data from CoinDesk. LUNA LUNAUSD, Another cryptocurrency backing the UST, its market cap has shrunk by more than $40 billion since …

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El Salvador's president, Nayib Bukele (left, cover) has unveiled architecture studio FR-EE's designs for a cryptocurrency-powered city planned to rise on the rim of a volcano in the south of the country.

Could Bitcoin crash make El Salvador BUST? Government loses $40M amid plans to build crypto city

El Salvador’s Bitcoin stake could be putting the country in jeopardy as its assets lost $40 million during a cryptocurrency crash. The losses, equated to the Central American nation’s next bond payment, come amid a so-called “crypto winter” and the president’s plans to build a volcano-powered “crypto city” to mine coins. President Nayib Bukele announced …

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Earn income and travel with LYO credit tokens

Earn income and travel with LYO credit tokens

Choosing a centralized exchange is still a great option. A centralized exchange is run by a third-party operator, which acts as an intermediary in trade and brings market participants together. The central governing body maintains the stability of the trading environment, monitors trades and manages the order book, and the list of benefits can go …

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On-chain data shows that the current market cycle is unique, with more Bitcoin users trading peer-to-peer and outside the exchanges space.

Bitcoin Utility Grows in Bear Market

One of the key aspects of on-chain analysis is examining transactions on the network. Unlike exchange-related transactions, which often lead to price volatility, non-exchange transactions represent network utility as possible payments between users. The interaction of users with each other contributes positively to the development of the network in the long run. Therefore, it is …

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