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South Korea’s President Faces Retaliation Over New Crypto Policies
New policy announcements by the South Korean government have been met with skepticism from part of the crypto community in the country. Some voices, which had previously lauded the South Korean President’s pro crypto stance, have expressed concerns over the…
Bitcoin Briefly Recovers as Holders Maintain Positivity on Further Rise
Bitcoin briefly recovered above the $30,000 level and its 100-hour simple moving average. The top crypto by market capitalization has had a rough past week as its price nosedived below the $25K level, causing panic across the crypto market. BTC…
Ethereum Back Above $2K After a Long Week of Turbulence as Altcoins Recover
Ethereum found support near $1,700 against the US Dollar and started a recovery wave, climbing above the critical $2,000 resistance zone. The second-ranked crypto by market cap had crashed 35%, sending it below the $2K level. At the time of…
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Polkadot Finally Launches Cross-Consensus Messaging for Full-Interoperability
Polkadot has launched its messaging system, which will leverage a Cross-Consensus Messaging format (XCM). With this system, all Polkadot-based blockchains can directly communicate, making it the first time to do so, including the transfer of NFTs freely. Through the announcement,…
Balancer AMM- What Is It, and How Does It Work?
Balancer is an automated market maker (AMM), portfolio manager, and trading platform that runs on the Ethereum network. It is also a decentralized exchange (DEX) that utilizes smart contracts to offer its services, including passive earning methods. The exchange operates…
IOHK Increases Cardano’s Block Size by 10 Percent
IOHK has successfully implemented a 10 percent block size increase on the Cardano (ADA) blockchain network. The team expects the block size to increase from 80 to 88 kilobytes to bring a significant improvement in throughput, while also enhancing the…
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Grayscale Investments Launches Its First European ETF
Grayscale Investments has announced that it will launch its first exchange-traded fund focused on Europe. The Grayscale Future of Finance Exchange-traded fund (UCITS ETF (ticker: GFOF)) seeks to track the performance of Bloomberg’s Future of Finance Index. GFOF will be…
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