When levees break, liquidity flows — Analyzing Ethereum Shapella and liquidity staking derivatives
Volumes from the top five Ethereum staking platforms suggest holders are hedging against the unknown until after ETH withdrawals are...
Day: April 12, 2023
Bitcoin Price Prediction for Today, April 12: BTC/USD Trades Above $30,700 Level
The Bitcoin price prediction shows that BTC is trading at $30,476 as the coin seems to be preparing for another...
OpenSea collector pays 100 ETH for a free NFT: Nifty Newsletter, April 5–11
LooksRare releases an upgrade that lowers its fees by 75% to compete with OpenSea and Blur. In this week’s newsletter,...
Swedish Riksbank report looks at collaboration with potential e-krona in retail payments
The Swedish central bank’s third report on a potential CBDC raised several issues while focusing on a rather narrow question....
Ethereum price metrics hint that ETH might not sell-off after the Shapella hardfork
ETH traders are exercising caution ahead of the April 12 Shapella hardfork, but the signal to watch is staking unlock...
FTX has recovered $7.3B in assets, will consider rebooting exchange
Sam Bankman-Fried's failed cryptocurrency exchange filed for bankruptcy in November 2022 and has since been mired in court proceedings. Cryptocurrency...
Euler Finance opens redemptions after hacker returns funds
The Ethereum lending protocol was exploited in a $197 million flash loan attack in March. On April 12, Ethereum-based noncustodial...
Swiss court gives green light for FTX to sell its European arm
The approval of a petition in Switzerland allowing FTX Europe AG's sale would be in accordance with U.S. bankruptcy court,...
LayerZero’s multi-chain ecosystem grows as airdrop hunters ramp up their efforts
Applications built on LayerZero’s cross-chain messaging protocol are gathering momentum primarily due to excitement over a potential airdrop. LayerZero is...
‘Bitcoin is a gambling token and it doesn’t have any intrinsic value’ — Warren Buffett
The nonagenarian said there’s been an “explosion of gambling” while comparing Bitcoin to roulette, sports booking, and chain letters. Warren...
Ethereum traders show uncertainty ahead of Apr 12’s Shapella hard fork: Report
Ether’s market performance and derivatives metrics have lagged behind Bitcoin, possibly due to traders’ expectation of heavy sell pressure after...
Biggest Movers: SOL Hits 6-Week High, Following US Inflation Data
Solana moved to a six-week high on Wednesday, as markets reacted to the latest inflation figures from the United States....
US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year
On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Around $30,000, Ahead of US Inflation Report
Bitcoin consolidated around the $30,000 mark on Wednesday, as markets prepared for the release of the latest inflation report in...
US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia
Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to...
