October 10, 2022

EU’s landmark digital asset legislation passes committee vote in European Parliament

EU’s landmark digital asset legislation passes committee vote in European Parliament

QUICK TAKE The Markets in Crypto-Assets regulation gets a green light from committee, teeing it up for a final vote before the entire European Parliament later this month. The highly-anticipated Markets in Crypto-Assets legislation passed the European Parliament on Monday, after a two-year long debate and drafting process. The final vote tallied up to 28 …

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Cardano founder points out flaws in Ethereum and Bitcoin

Charles Hoskinson, the founder of Cardano, shares his critical views on the two leading cryptocurrencies in an exclusive Cointelegraph interview. VIDEO   Cardano founder Charles Hoskinson has been pointing out the flaws affecting the Ethereum protocol following its latest upgrade. A major issue, according to Hoskinson, is the locking mechanism that prevents investors from withdrawing …

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Polygon’s zkEVM Public Testnet to enable smoother Ethereum migration

Defi protocols Aave and Uniswap, along with other projects, will be among the first projects to deploy on the zkEVM testnet. NEWS   Decentralized Ethereum ( ETH $1,303 ) scaling platform Polygon ( MATIC $0.8345 ) announced the launch of Polygon zkEVM Public Testnet, an “Ethereum-equivalent” ecosystem with cross-compatibility to existing smart contracts, developer tools, …

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Uniswap, Aave Pile Into Polygon’s Speedy Rollup Testnet for Ethereum

Uniswap, Aave Pile Into Polygon’s Speedy Rollup Testnet for Ethereum

Polygon announced today the release of its zkEVM public testnet, which will let developers test the deployment of privacy-enhancing zk-rollups in their decentralized applications (dApps). Zk-rollups are a much-hyped layer-2 scaling solution that promises to dramatically enhance the Ethereum blockchain’s performance by “rolling up” collections of transactions, which are then presented to the blockchain as a single block. …

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Bitcoin price poised for ‘very big move’ as CPI due to spark volatility

BTC price action may stay cool until October 12, one analyst argues, as a historical volatility indicator prints a rare warning signal. MARKET UPDATE   Bitcoin ( BTC $19,241 ) trading was unmoved at the Oct. 10 Wall Street open as one trader predicted it would take until Wednesday for volatility to start impacting price. …

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Bug freezes bitcoin inside Lightning Network for hours

Bug freezes bitcoin inside Lightning Network for hours

Late on Sunday, researchers discovered a critical validation bug on LND, a popular implementation of Bitcoin’s Lightning Network championed by Lightning Labs. Specifically, LND’s Bitcoin full node implementation, BTCD, had a bug in its implementation of Taproot. (BTCD is a full node implementation for Bitcoin that’s popular among Lightning Network users.) The bug affects LND versions 0.15.1 and older. LND urges all …

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Shiba Inu Price Prediction – Is SHIB About to Pump This Week?

Shiba Inu Price Prediction – Is SHIB About to Pump This Week?

Shiba Inu has endured another day of sideways and downwards action as the meme coin continues to struggle to maintain any momentum. As CryptoNews reported last week, the SHIB community has had some exciting announcements in recent weeks but none that have prompted any significant gains. The coin is currently trading at $0.00001085, a near-2% decrease …

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USDC’s lead over USDT may do little or nothing for the stablecoin because…

USDC’s lead over USDT may do little or nothing for the stablecoin because…

USDC and USDT — two renowned stablecoins backed by the fiat currency, USD witnessed quite a few tussles over the years to stand at the #1 mark. While the latter still holds the trophy, USDC participated in many ‘highs’ to at least try to give a tough fight for the trophy. Bloating Hollow sphere Circle [USDC] announced …

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$BTC: Legendary Investor Paul Tudor Jones Says He Has ‘Always’ Owned Some Bitcoin

$BTC: Legendary Investor Paul Tudor Jones Says He Has ‘Always’ Owned Some Bitcoin

On Monday (October 10), legendary billionaire macro investor Paul Tudor Jones II (aka “PTJ”) shared his latest thoughts on crypto during an interview with CNBC. As you may remember, in May 2020, PTJ made some very bullish comments about Bitcoin (as an inflation hedge) in the investment letter (“Market Outlook — Macro Perspective”) sent out to clients of the …

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Bitcoin Price May Be Nearing Bottom if these Drilling Analogy Metrics Are Correct

Bitcoin Price May Be Nearing Bottom if these Drilling Analogy Metrics Are Correct

If there’s one thing practically every cryptocurrency holder or speculator has attempted to do, it’s predict or identify the bottom of a bear market for the bitcoin price. Given that the delta between a trough and a subsequent all-time price high can be in the range of tens to hundreds of percentage points for popular cryptocurrencies, the …

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