Crypto News Editor

Crypto News Editor
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RBI Is Assessing Digital Rupee’s Effect on Financial Stability, Says Governor Shaktikanta Das

The RBI is examining the effect of the digital rupee on the financial stability in the market.The Reserve Bank of India (RBI) is examining the impact of the electronic rupee on the nation's financial...

Bitcoin Breaks Below Short-Term Uptrend, Lower Support Around $50K

Bitcoin's uptrend continues to slow after breaking short-term support.Sellers were busy during Asia hours, compelling bitcoin (BTC) under intraday trend support. The wider uptrend continues to slow, with much lower support about $50,000 and...

Bitcoin’s Risk-Reward Ratio Suggests Bull Run Has Plenty of Scope to Continue

Bitcoin's"reserve risk" metric suggests the cryptocurrency is nowhere close to a significant cost .Despite seeing its largest drop for a month in the previous 24 hours, bitcoin (BTC, -9.04percent )'s bull run is likely...

Bitfinex Seeks to Bring Institutional Investors With Off-Exchange Settlement

The integration enables traders make withdrawals and deposits more quickly, in addition to mitigate counterparty risk.Crypto exchange Bitfinex is partnering with electronic asset infrastructure supplier Copper to attract institutional investors using its off-exchange settlement...

Hut 8 Joins Foundry’s Institutional Bitcoin Mining Pool With Over 14,000 Machines

Hut 8 plans to add another 5,000 ASICs into Foundry's pool by August.Publicly traded bitcoin (BTC, -8.4%) mining firm Hut 8 is currently mining via Foundry's North America-based pool, based on an announcement made...

‘Thrill’ and ‘Status’ Driving Young People to Crypto Investment, Says UK Financial Watchdog

New research by the U.K. Financial Conduct Authority (FCA) indicates the"excitement of investing" and"standing from a feeling of possession" are forcing younger people to participate in"higher-risk" holdings such as cryptocurrency and foreign exchange (forex).The...

Teller Finance’s Mainnet Launch Sets NFTs to Work — But Not How You Expect

Unsecured commercial-grade financing is 1 step closer to making its introduction in decentralized fund (DeFi).And, in perhaps a indication of those times, it involves a non-fungible token (NFT).Algorithmic credit risk protocol Teller Finance's restricted...

Three Arrows-Backed ‘Lightweight’ Blockchain Mina Launches Mainnet

Backed with a cadre of heavy-hitting investors, Mina announced its mainnet launch Tuesday.The mainnet for a blockchain that discards its blocks is currently live.Mina, a proof-of-stake protocol made by O(1) Labs, announced the launch...

Monday Morning Brief for March 22, 2021: Getting too pricey?

Everything costs more these days, or so it sounds, as inflation pushes up costs for a wide range of consumer products, from the food we place on our tables to health care into the...

Cryptocurrencies may take Kind of Bodily bank notes

Cryptocurrencies will soon choose a physical arrangement, with a few of those suggestions for a concrete version of the money being suggested by none other than Larry Felix, a former manager of the Bureau...