Insurance firms have increased their interest in crypto investments in recent months.
via CoinDesk
Monday, June 14, 2021
CryptoCurrency News: DeFi Projects Continue Flocking to Layer 2 Solution Polygon
Polygon’s cheaper transaction costs and faster block time have driven increased adoption by a number of major projects.
via CoinDesk
CryptoCurrency News: Market Wrap: Bitcoin Sustains ‘Musk Jump’ as Crypto Sentiment Improves
Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.
via CoinDesk
CryptoCurrency News: Bitcoin and Ether Price Indicators Support Near-Term ‘Relief Rally’
Bitcoin's weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.
via CoinDesk
CryptoCurrency News: Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds
The amount of money leaving was significantly less than the previous, record week of $141 million.
via CoinDesk
CryptoCurrency News: Goldman Sachs Plans to Offer Ether Options: Report
In March, the investment bank relaunched its cryptocurrency trading desk after a three-year hiatus.
via CoinDesk
CryptoCurrency News: Market Wrap: Bitcoin Flat at $37K as Investors Tangle With Bulls and Bears
Positive news from El Salvador couldn't completely overcome negative news out of China.
via CoinDesk
CryptoCurrency News: Next-Gen Game Developer Mythical Raises $75M for Playable NFTs
The funding round will offer external game developers a way to bring NFTs into their fictional worlds.
via CoinDesk
CryptoCurrency News: DAOs, DeFi and Dollars: the Bold New World of Decentralized Entities
In this week’s episode, we explore how developers and investors are working through the complex process of bridging the human and legal needs of the outside world with these complex, decentralized systems run by blockchains, automated smart contracts, “multisig” tokenized collateral agreements.
via CoinDesk
CryptoCurrency News: Stake Technologies Raises $10M Ahead of Polkadot and Kusama Auctions
With auctions to win a place building on the Polkadot blockchain ecosystem beginning soon, projects are coming out with strategies to secure one of the coveted slots.
via CoinDesk
CryptoCurrency News: Market Wrap: Bullish Basel News Causes BTC Jump to Week-High $38K Level; ETH Slips
Bitcoin busted out a quick 5% gain early Thursday on positive news from that continent before losing some steam.
via CoinDesk
CryptoCurrency News: Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.
via CoinDesk
CryptoCurrency News: A Big Carbon Footprint Compared to What?
When blockchain systems reduce human involvement in transactions, the carbon benefits can be substantial, says our columnist.
via CoinDesk
CryptoCurrency News: Arrington Capital Launches $100M Algorand Ecosystem Fund
The TechCrunch founder’s second crypto fund will bet on Algorand projects and coins. But don’t think the firm is abandoning XRP.
via CoinDesk
CryptoCurrency News: Ethereum Wallet MEW Enables Eth 2.0 Staking Through Your Phone
MEW is one of several crypto wallet services actively helping onboard new users to the Ethereum blockchain, which has now amassed a market capitalization of over $272 billion. Kosala Hemachandra, the co-founder and CEO of My Ether Wallet (MEW), talks about MEW’s two-step solution to staking on Ethereum 2.0.
via CoinDesk
CryptoCurrency News: Dapper Labs Unveils Flow-Native Stablecoin, FUSD, With Other ERC-20-Like Tokens to Follow
The maker of NBA Top Shot is deploying new tools for developers to launch tokens on the Flow blockchain.
via CoinDesk
CryptoCurrency News: Bitcoin Peeps Above $38K on Basel News
The top cryptocurrency hit a high of $38,461 during the European hours, extending Wednesday's double-digit rally.
via CoinDesk
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