Dennis 
The inventor of Bitcoin Ordinals has proposed a new fungible token protocol called Runes as an alternative to the BRC-20 token standard. The BRC-20 standard has gained popularity but has been criticized for spamming Bitcoin with unnecessary transactions. Runes is a UTXO-based protocol that aims to minimize the creation of “junk” transactions and promote responsible … Read more
Chainlink Sees 11% Gains, Can LINK Continue Its Rally? Chainlink has experienced strong growth recently, outperforming other digital assets in the market. Its price has continued to rise, reaching levels above $7.2. The surge in price is supported by high levels of address activity, indicating a high amount of user participation. Additionally, an interesting pattern … Read more
Asset manager Bitwise has withdrawn its application to convert its Bitcoin futures ETF into one that invests in both Bitcoin and Ethereum futures contracts, leading to speculation about the decision’s meaning for Ethereum futures ETFs. Bloomberg Analyst James Seyffart believes the move was made because Bitwise doesn’t see the benefit in having a dual BTC … Read more
Why This Bank CEO Wants 99% Of The Crypto Industry Gone Caitlin Long, Founder and CEO of Custodia Bank, believes that 99% of the crypto industry should be eliminated to reduce leverage and improve the industry’s future. In an interview, Long compared the current state of the crypto industry to the tech stock bubble of … Read more
What are Bollinger Bands, and how to use them in crypto trading? Bollinger Bands are a technical analysis tool used in trading to assess price volatility and identify entry and exit points. They consist of three bands: the upper band, middle band (simple moving average), and lower band. Traders use Bollinger Bands to evaluate price … Read more
Crypto exchange Bybit will suspend its services in the UK starting from October 1, in response to new regulations imposed by the Financial Conduct Authority (FCA). The company stated that it is proactively embracing the regulation by pausing its services in the UK. In another development, Binance Holdings, its US counterpart, and CEO Changpeng Zhao … Read more
Coinbase (COIN) Has Recently Held Talks to Buy FTX Europe: Fortune FTX Europe, a financial exchange, has garnered interest from potential buyers due to its licenses for offering lucrative derivatives products, including perpetual futures for bitcoin. Along with Crypto.com and Trek Labs, other parties have expressed interest in acquiring FTX Europe, as it is the … Read more
The Commodity Futures Trading Commission (CFTC) is potentially hindering the growth of prediction markets by utilizing regulatory controls. While the value of betting markets is debatable, the fact that various academics, companies, and even DARPA have recognized the potential of crowdsourcing truth is noteworthy. However, the CFTC’s actions suggest an attempt to eliminate prediction markets … Read more
According to the filing, Congress has evaluated numerous proposals since 2019 to establish a structured and practical framework for crypto assets and their trading platforms. Importantly, none of these proposals aimed to grant exclusive regulatory jurisdiction to the SEC over the cryptocurrency industry. Despite this, the SEC has filed a lawsuit seeking to extend its … Read more
Binance CEO Responds To Rumors That He Received A $250 Million Loan From The Exchange Binance CEO Changpeng “CZ” Zhao has denied claims that he received a $250 million loan from BAM Management. The claims were made in a report following a court filing related to a lawsuit between Binance and the US Securities and … Read more
