October 8, 2022

Dow Jones is now officially more volatile than Bitcoin

Dow Jones is now officially more volatile than Bitcoin

In recent months, Bitcoin (BTC) has traded in tandem with stocks, with both asset classes battling prevailing macroeconomic factors led by skyrocketing inflation and interest rate hikes. However, Bitcoin’s volatility appears to cool down compared to traditional stocks as the flagship crypto shows signs of decoupling from equities. In particular, as of October 7, the Dow Jones index …

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L2 Wars: The Competition for Top Layer-Two Scaling Solutions on Ethereum

L2 Wars: The Competition for Top Layer-Two Scaling Solutions on Ethereum

This article will explain how ZK-Rollups technology has the potential to revolutionize decentralized finance (DeFi), address common problems in the landscape, and make a case for future derivatives trading. The Merge is finally here Last week, we saw a significant shift in crypto’s history, with Ethereum (ETH) completing their software update called The Merge. The update is expected to spur …

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Macro Guru Raoul Pal Reveals Bullish Outlook on XRP, Says He’s Invested in Two DeFi Crypto Projects

Macro Guru Raoul Pal Reveals Bullish Outlook on XRP, Says He’s Invested in Two DeFi Crypto Projects

Macro expert and former Goldman Sachs executive Raoul Pal says he’s bullish on XRP and believes the case against Ripple will be resolved in favor of the San Francisco payments company. In a new Real Vision Finance video, Pal explains his current stance on the sixth-largest crypto asset by market cap. “I’m long a bit. I think …

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Moody’s executives say new EU MiCA regulations could unleash stablecoin innovation

Moody’s executives say new EU MiCA regulations could unleash stablecoin innovation

QUICK TAKE Moody’s executives explained new European regulatory guidelines in an exclusive interview with The Block. The new rules could potentially boost stablecoin innovation in the EU, according to Moody’s Global Head of DeFi and Digital Assets Fabian Astic. Restrictions in new EU regulations could potentially serve as a booster to stablecoin innovations in Europe, …

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Is Bitcoin an inflation hedge? Why BTC hasn’t faired well with peak inflation

Bitcoin’s status as an inflation hedge has come under scrutiny in the current market, but experts point toward the exceptional market conditions. ANALYSIS   Bitcoin has been projected as many things since its inception in 2009. However, the most talked about aspects have been a fungible form of future money and an inflation hedge. The …

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Dapper Labs Reveals Restrictions for Russians Due to EU Sanctions, Users React

Dapper Labs Reveals Restrictions for Russians Due to EU Sanctions, Users React

In Brief Dapper Labs has suspended payment services for NFT owners in Russia The firm says its decision is tied to the new wave of EU’s sanctions on the country. Reports have revealed that pro-Russian groups have raised roughly $4 million through crypto. Leading Non-fungible token firm Dapper Labs has stopped payment services for NFT owners in …

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What Is a Generative Art NFT? Inside the Algorithmic Art Revolution

What Is a Generative Art NFT? Inside the Algorithmic Art Revolution

In brief Generative art makes use of machine learning and blockchain-native randomness to produce striking, unpredictable art. At the height of the NFT boom over a billion dollars’ worth of generative art was sold. Non-fungible tokens (NFTs) took the world by storm in 2020, generating billions of dollars in profit for artists and collectors alike. …

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Three biggest crypto stories from the past week

Three biggest crypto stories from the past week

QUICK TAKE Kim Kardashian settled with the SEC for unlawfully promoting the EthereumMax token on social media. The EU’s landmark Markets in Crypto-Assets (MiCA) bill passed in the European Council. The EU also banned crypto payments from Russia. Bankrupt crypto lender Celsius Network set a timeline for the auction of its assets. The past week …

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‘Time Is Now a Medium’: Academics Ponder NFTs at Oxford University Conference

‘Time Is Now a Medium’: Academics Ponder NFTs at Oxford University Conference

Oxford University opened its doors to NFTs last week with its inaugural OxBAT (Oxford Blockchain, Art & Technology) Conference. Billed as “the first multi-disciplinary conference on the aesthetic, social, and anthropological perspectives on blockchain art,” it represented a very different take on crypto and NFTs than the celebratory blockchain business and developer confabs Decrypt usually attends. “HODL” t-shirts and rousing speeches …

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